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~r~:3t ccr~~ii°ic~~~::, boada, raort~ugQn, mort~~.gc~ y~•_rLicipationa,
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~u~en~ure~, noto$, unsocured obligatioae, eoi.c~o3itio~, min~rale,
natarials, oil and. .g~ts propertios or royalties, tsnatina aseete
~ or investments r~hich are unproductive or over-productive or _
under-productive, ae in their diecretion they may doc~ ad~ieable
and without ragard to the pro~ortiong that any such inveetment
may bear to the total truet Yuad or Yund$ or tha rel~tion it
~ nay boar to the type or character oY other invest~cats in t~a ,
~rust, or to the a~fect such investment rsay have upon the -
diversi~ication of th~ inves~menta in tha truat or ~rusts, and ~
tht;~ shall not rQatricted in their choice a~ :.nvcc;;~ent to ~
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~uc?~ investment9 as are peraiissable Yor Iiduci~z~ies under any } ;
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p=osent or futura a~plicable law; it being the intention oY ~ho ?
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. partiea hereto to relieve the Truetee9 Yrom all reetrietiona ~
• placed by atatute or rule oY law upon investments b• ~iducisri~$~
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~ a.~d to con~er uoon them full and diseretionary power oY inveat- ~ '
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~ent a~d reiavestment as if they were the absolute ox~er$ 02
thz property held by them under thie Indenture. ;
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To mnnage any 9uch real property or ci~y intereat ~
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~herein a~ ~Y thoy were the absolute owners thereo~, including,~~
but not by way o~ 1lmitation, the power 'to nake, rer_ew or mcdi2y
leases or to gra~t optiona to lease, or to consent to assignment
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or s~:blc~a~e o~ the 9ame ~or any term or terms irrespective oi i
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~vhather the tern oY any such lease extends or ~y Bxtend beyond
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~he period otherxiae permitted by law or the dkration of any ~
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tru~t created herein; to enter into any covenants or agree~enta
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re~~ting to the property ~o leased or ax~y ir~~rove~ents wbich mayi
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~nen ~r thQreaYter be ~ected thereu~on; to 1Tc8it~ o~ dinary or ~
~;::traordi~ary ro~~tira, alterations and improveaQnts to ar~y ;
cu2ldings, to raze old buildings and to erect any ~uildir,gs and i
~o wa::e sucn other i.~provemant3 as they may deterWine; to rebuilc~
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