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HomeMy WebLinkAbout1246 ~ , . a~~a~y ~iW~ h~2d by ~hem or by any corporation, all or a Bub- ~ ~z:~tial ~art o~ the ~tock oi Nhich ia hQld by tncm, a.nd at any ~ I ti~Q to use any such reserve or otiier provision to restore or iwprove an~ such real or personal property, or to traneYer the ~aae to the ~rincipal of any trust created by this Indenture or oP az~y sucn cor~oration, or to return the 3ame to the income ot any such tru3t or corporation. • ~ (20) To operate or continue any businese which may at any time become part o~ the corpua o~ any trust or truste created hereunder, Whether or not incorYorated, ~or such period • . oY ti:~e as may appear to them to be advisable ~ar the best ir.terest oP the ~rust or trusts hereunder; and to sell, settle l or discontinue any such business at 9uch ti~e or ti~es and upon ~ s::ch Yrice, terns P.nd conditions 39 in their ~udgment appears ~ . advisabie fcr the best in~erest of any trust or trusts hereunder~ ~ and in their absolute diecreti:;n to direet, 9u~ervise or other- j wise manage or operate any yuch busines$, witn Yull power and ' autnority to delegate 9uch powers to ~uch persons r~s they maq ! aelect, including any director, manager or employee oY ar~y eueh ~ b~~ines3; and to de~osit the stock o~ any such incorporated bu9inass witn voting trugtees; and to engage and co~pensate ~ - ~ W~nager~, employeeg, agents, attorney~ accountr~nts and con- 3 ~ 3ul~a~ts; to be guided by their advice; and, iY the same appeara ~ ~ be advisable Por tne best interest o~ any tru9t or trusts { . . ~ ::sre:;~.der, to make incentive pay~ent9, or to co~tinue, or efPect ~ : err pians ~or tne pa;~ent o~ ~ bonus, Por yro2it-s~aring, or for ~ ~ ~ ::.~r.s~ons or other employee welfare plans; to reincor~orate or ~ wa~:e sucn ch~nges in the cor_orate atructure o~ any 9uch i i ~ ousiness as they ~ay deQm advieable; and in sellind or liquidatiztg i _ ~~1 or ar.y part oY any 9uch bu9ineas, sucn esle or liquidation ~ } ~ WaJ be raade to enployees or to ar.y ~i3uoiary or other person ~ • i ; , z~ ; s; - 31 - j ~ fs~ ~ - ~ ~a r: _ j. 0 k 600K PIICE12~~ ~ ~ ` ~ _ - - _ ti~ ~H . ~ ~~..c ~ _ . - -