HomeMy WebLinkAbout1233 (D) The interests of the beneficiaries hereunder shall
not be subject to anticipation or to voluntary or involuntary
alienation; and the principal and Incame sha11 be paid by the
Trustees direct to or for the use of the beneficiary entitled
thereto, without regard to any assignment, order, attachment or
claim whatever.
(E) Income accrued on any property received by the
~ Trustees either at the inception of the trust or as an addition
thereto shall be treated as income and not as principal. Upon
the death of any beneficiary of Income, any undistributed Income
in the hands of the Trustees held for ~uch beneficiary at the
time of his death shall be paid to_the person or persons for
whose benefit the principal producing such Income is continued
in trust or to whom it is distributed under the terms of this
Indenture.
ARTICLE FOUR
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In acting as Trustees hereunder the Trustees shall
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' have full power and authority, without the necessity of
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obtaining the consent of any court, to do all acts, to execute,
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i acknowledge and deliver all instruments and to exercise for the
sole benefit of the beneficiaries hereunder any and all powers
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and discretions which would be lawful for them were they in
~ their own right the actual owners of the property held in trust,
including by way of illustration, but not limitation, any or aZl
~ of the following: ~
; (1) To accept in kind any investments or other
~ u?w o~~cs. property, real or personal;
' MCDOWELL.
McDOWELL. ~ R f],~ ~
WICK ' ~DK .~rl
, AND
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