HomeMy WebLinkAbout1232 . ~
share to which the parent if living would have been entitled;
otherwise, the share of such child of mine sha11 drop out, _
thereby increasing the share of my other children then living,
or their issue, as case may be~.
(a) Any share so set apart for issue of a
deceased child sha11 be transferred and delivered to such
. issue~absolutely, per stirpes, sub~ect to the provisions of the
minor beneficiary clause hereinafter contained.
(C) If any minor becomes entitled hereunder to a
~ share of principal or to the Income therefrom, such share shall
be retained by the Trustees; and so much of the Income and
principal as the Trust~es may deem necessary for the minor's
welfare, comfort, recreation, support and education shall be
paid by the Trustees to the person having custody of such minor,
without Iiability on the part of the Trustees to see to the
application thereof, or shall be applied directly for those
~ ~
j purposes by the Trustees, and any Income not so expended shall
i
; be added Co and become a part of the principal, to be invested !
f
i
i hereunder. Any unexpended principal and Income shall be paid ;
~
i to the minor at majority. If such minor dies during minority,
~
i the minor's share of principal and any undistributed Incame
;
shall be distributed to those persons entitled to receive his
i
i personal estate; PROVIDED, however, that if any such person is
~ then an income beneficiary under any trust under this paragraph
~ or any other provision of this Indenture, his share shall be
~
;
~ added thereto.
4 LAW OFFIC[f
~ McDOWELL.
i .
McDOWELL.,
~
WtCK O ~ ~rr ~
• AND ; ~
D~.LY ~ 6 -
; ~
i
v_ ' d x ` ' ~
. _ ~ '