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HomeMy WebLinkAbout1217 . * . ' , ~ dascribed in "Sahedule A" hereto anne=ed and any proporty added , thereto pursuant to the provi9lons oY Article I1T hereot into ~ ~ two (2) equal shares and snall 9et aaide one (1) o~ auch equal ~ ~ 9Y18re9 ~or the benetit oY ANNE P. KATES and DIANA B. PEDEVILZ ~ (hereinafter referred to as "Trust A") and the other ot suah • . shases Yor tha beneiit o2 ROBEBT PEDEVILI+ and DIANA B. PEDEQI7~I, (hereina.fter referred to as "Tru9t B" ) . TRIIST A: ~ The Trustees ahall hold the ahare 9et aside ae Trust A as a separate and di9tinct trust ~or the Yollovring purpose9s (1) To hold, invest and reinveat the eame~ to colleot ; . the income thereon and to pay so much oY the net income therelro to cr aoply the sa.me Yor the beneYit oY any pereon or persone . : who shall be a nezcber or menbers oY a class composed oP the wite ~ o~ the Donor, DIANA B. PEDEti'ILZ, the daughter of the Donor, .~iLTE P. KA~ES, the s~ouse ot the ~aid daughter, and the descead ts ~ o~ the said daughter, in such manner and in such proportion or ~ : rroportiuns, without regard to e~uality o~ distribution, as the ~ Trustees in their sole an3 absolute discretion ehall ~ron tims ~ f ~ to ti~e determine. To the extent that euch income may not be eo ' paid or applied, thz Trustee$ shall accumulate all 1nco~e not ao . i € ~ aid or a lied and add the same to the principal oY such p PP ~ ~ - ` ~ F z~u9t Yund. ~ ~ (2) Tho Trustees are authorized in Lheir absolute and~ • t ~oie discretion ~ro~ time to time to transier and pay over to or~ ~ • ~ apply ~or the bene~it oY the ~aid DII~.~?A B. °ED: QILL, eo ~1C11 ot ~ ~ t~e rrinciral of such trust Pund~ including all accunulatione ot ~ i:ca:-e, i~ any; as the Trustaes sha11 in~their ..~id diaereti9n ~eterWine. ~ t _ , ~ ( 3) I~, at the death o: ~ine said DIA~A E. :'ED~VIiaL, ! ! - ~=.c :~aid ~s:'E P. KATES ehall have aurvived the said l/lA~Yts B. ~ ~ _ 1 Y'y - ~ _ i ~ ti~ ! i S ~a e~K210 ~?~i2i~ R:: s-f , ~ , ~ - . "'4 ~r'~ . ..i . ~ r ' ~ " , ~r~"'.^at~`~'r-L," ~s`"'_,'S-v . n S- ..a . . . ~v w. _ ,:'~'xY"'~- _e _