HomeMy WebLinkAbout0095 . ~
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a.s tirl~stee, I nor,~ina~e anci ZPnoint; CI~LIrOR=17A BAN!., ~ cor- ~
poration, as ~rusLee tvi.~h like ei'fect a3 t~»u~h ori.~in~lly
na~:eci as ~uch . ` "
'!'lze trt2stes sha11 p~~f out of ~rinci.~~.~1 or ir.c~me as sl~e ~
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ma~~ elect, or n1rt~.a11;; ot~t of ~~:~et+ i i~ :.;~ch ~h~ res as she ;
m~S? cieter:r:ine, Properr5• ~:~xe;:, :~:::,~~~:.•~cntis, Ch11'~•;ey, ~
attor:~~ys' fees, the tr~+ : tee' ~ car.~i ~~»c~~t~. ~011 ~ncl o~her
@Y.~Cri~~'U incurred in the a~r~ini ::t2•.~,:~.~n or ~ rc~tiect~ion of ~
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ti~is L~•~i~t. The discre'tion of thc trt::;'.ec, to P3y tre~e
3.t~~x~ fro:~ inc~me or principal, or r:_+r•tiwl~v from each, '
m;z~• he exercisec? not onl~* in the ii~f;cresi: of the trust__
est~'~e but for the benefi ~ of any bene~'iciary. The incoMe '
reMainir.~; after st.ch ex~eenc3it~ires as the ~rt~stee shall
elect to pay there~'rom sh~~l const~.tute net income. :
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SIX`~.-i: I give, de~~i~e znd bequeath all the rest and resi- ~
due o~' myT est~.tc, re~l and persona]., c~herever si tuated, including ~
all failed 3n~ lapsed ~i.~ts, an~ all income received durin~ tne
admin~ stration of rr~y estate, other than inco::e on properties speclfi-
call~* c?ev~sec? or bequeathed, to M~r ~rife, iR~11:~Y ELIZII~ETH ~ADINGT~h,
YN T,°.tT.".~'~'~ to hol~. the same as principal and ta manaoe and distribute ~
under the trizst provisions herei.n3fter set ~'orth to be kno~rrn as
TRUS^ B : . i ;
(A) ~Ji~~ribution o£ Income and Princip~l.
( l) One half ` of the net 3.ncom.e srall k~c distributed in monthly
or other convenient installments to or for the benefit o£
r,~~ vrife, I•U"+~Y ~LI; A^ET:: ~'~JINGTOI, durin~ her life. ?'he
re~ :ai nin~ or.e hrL~ f o~' the net income shall be 2ccumulated
ar.~ udc~ed to Yhe ~rincip3l of fhe trust durina the lifetimc
of mv ~rrife.
(2) U~on tiY:e deCC2.se of m:,T ~vi#'e, the trustee shall div~.~?e ~hc
rc:.^.~i nin~- tr~~st es ~~:'•,;c into eq~zal shares, as follot~:s :
. rc f~r e~Ch .~!?^:7 13.v~21~", chi lc: or mine, an~: one ~harc
''!:2' ~:t?:.'1: 3~_'?:i.2?; ~.:si'ii~~.t1 lU^,:1c^. O~ C~C~"I C3f`CC'.^..S<?C~ C~':~~.C~ Oi'
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