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ads3tions~ ~nd to eaercisQ all options in re~pect therQOP to ~
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:.ay or to ~re~:ay, or rePrain fror~ ~aying preniua9, to elect ~
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opti~r:i~ u:oues o~ settler~eilt, and to exercise ar~y o~ said righte l
or any othar right3 in any manner the Tru3tees in their ;
~ii9creti~n may determine. Any company isauing any polic ot suc~
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insurance is authorized and directed to recogn3ze the Trusteee
ii~:i•eunder as vested v~ith all rights, title and interest in any
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yuch '
policy, and all oY the Trust~ea' acts in respect o~ any suc2~
poi~cy and the insurance represented tnereby ~nall oe Pinal and ~
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cor.clu~ive upon an~- such company and all pe: son~ ~r. a..Zy way ~
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int~rest~3 in the trusts created hereund.:r. The Tru~~ees may ~
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~~e such steps, either by way o~ legal proceedinds ar o'therw3se;
a; ~:~a Trustee~ may dee~ advisable, to collect an,y and aII Yunds!
~vnicn shall be payable vrith respect io any eucn policy of ~
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in~urance. i
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ARTZCLE ~
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The Donor hereby grants to the Trustees with reapect
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to any and all property, whether real or per~onal, principal or ~ ;
incone, wnich snall at ar~y time constitute a part o~ an trust ~
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Yunn created hereunder, the ~ollowin~ powers, whic~ shall oe .
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::ons~:ued 'aroadly and which shall be exercised in addition to ~
r~, d not in lim:~tation o~ their com:non law and sLatutory powere: 1~
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(1) ~To retain ~or 9uch time ~s they deem best, and j ?
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u•ithout liability ~or loss or depreciation resultin3 ~rom such
:a~ention, all or any part of said property in ~he for~ in ~
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rrnicr~ ~ucn yroperty may be st the tine of the deliv~ry o~ thi9
i:dent;~re or at t~e time of the recei~?t o~ such prorerty by the i
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`~'rustees :ereunder; although such property ray not ba o~ tha ~
ccaracter ~:re9cribed hy law Yor the i*~vestment o~ trust fu:~ds, i
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~:.d aI ~noug~ sucn property, or ~rogerty of a ei~ilar ci~aracter, '
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so he~d, reprQ~ents a iarge or dis~ropor~ionate ~;ercenzage oY ~
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tne to~al truat property. '
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