Loading...
HomeMy WebLinkAbout2497 t~~ . t such terms, cash or credit. or both, as my Trustee may deem advisable. ~ C. To invest and reinvest the Trust Estate. without limi- tation to Trust or Chancery investment and without limitation by the "prudent man rule" or any requirement of diversity of investment, in investments of any kind, real or personal, in- cluding participation or undivided interests in mortgages or common trust funds~ irrespective of the term of same. ~ D. To construct, add to, repair, or demolish (in whole or in part) any improvements upon any trust property. E. To participate in any reorganization, consolidation, merger or dissolution of any corporation, the stocks, bonds, or other securities of which may be held at any time as part of the Trust Estate and to receive and continue to hold any property which may be allocated or distributed to it by reason of partici- - pation in any such reorganization, consolidation, merger or dissolution. F. To make or hold investments or any part of the Trust Estate in common or undivided interests with other persons, corporation or trusts. G. To borrow funds for this Trust in such amounts and for i f ~ such purposes as to the Trustee shall seem for the best interest ~ of this Trust and the Grantor thereof, and to purchase property ~ ~ on the credit of this Trust, and, in connection with such borrow- ~ ing or such purchase, to execute and deliver promissory notes or ~ other evidences of indebtedness of this Trust and to~mortgage all or any part of the Trust Estate to secure payment of such indebt- ~ edness, and to repay such indebtedness out of the Trust Estate. < ~ H. To employ agents, legal counsel, brokers, and assis- ~ ~ tants, and to pay their fees and expenses, as my Trustees may ~ deem necessary or advisable to carry out the provisions of this ~ Trust . To employ ANTHONY V. PACE, JR. , attorney at law, Fort ~ ~ ~ ~ ~ ~ ~ -4- ~ ~ _ g oK203 p~2497 ~ - - _ ~ ; ,~,,.~,M ~ ,~~---~d ~-x-^4'~r 'r. ~ ~ ~s - _ _ _ ~ - ,s. : - . - . - . ~'~3~ , , . " -