HomeMy WebLinkAbout1073 ~
;
. ~ . ~ ~ .
. ? ? . .
, ,
, . • ` _ • , . , ~ . .
. - . . - _ . . _ h
- i
~ .
paymen t of such principal or. income to the guardian or natural parent of
. ~
the bene~iciary or to the person with~ whom he or she resides at the time ~
of ent, in ~ either case without requiri~g any bond and without being ~
PaYm {
. ,
bound to~ see to the proper application of any such paymenG ` In~ case any ;
.
such beneiiciary should die before he or she reaches twentyone years of #
age, a11 unexpended principal and accumulated income then held for the
beneficiary by. my Executor shall be paid or distributed to the estate of
such beneficiary. . . _ . . . . . .
~ In the event that my Executor shall retain a poraon of my
estate for the benefit of one or several minor beneficiaries as in this '
~ Item Four provided, my Executor shall not .be required to make any }
,
physical segregation of the assets retained for more than one beneficiary ~
and my Executor is authorized - to mingle such property, provided, however
that such property held for the separate benefit of any such minor and all
transactions affecting it shall be clearly shown on tne books, records and
accounte of the Executor. ~ - - - ~ - - - -
~ IT'~M FIVE: I hereby appoint THE INDIAN RIVER CITRUS B~AN
~ ' -
Vero Beach, Florida, to be the Executor of this, my Last Will and Testa-
men~ . ~ _ . . . _ _ . _ _
ITEM SIX: I author ize my Executor, in the administration of
my estate, in its discretion, from time to time, to exerciae or ~~efrain
from exercising, withaut order or licease of Court, any and all of the
following powers:
A. To make and retain investments from time to time as it
may deem desirable, and to retain any and all of the property coming into !
~
its hands hereunder in the same form of investment in which it is receiv
,
~
It shall not be limited to such investments ~ as executors are by law
authorized to make, b~ut shall have full power and authority to make and ~
~ retain auch other investments as • it deems desirable. ~ ~
~ B. To sell at pub~lic or private sale for cash or on credit, to
. . . , .
;f;
~,f ennvey~ l~~~a, ~~1~~ eo~jt~~a~ea ~o~~e~•nin~~ givo o~;~ione bn, r~phi~•, alt~i•. ;
wy ' ;
improve, abandor~ or exchange any ancl all of the rXo~c i f m ~ate.
^ ~ ~ 340K P~~~
: ~ ne~:r~ N~ ~Y Ll7J I ~l~~C=1~
~ ~ ~:~c _ :
.`~~n _ ~