HomeMy WebLinkAbout2462 M. v•~ 1 . To hold any or all oY th~ tru~t
a~~~ta, rral oac p~rsonal, tb~ ~ru~ta'~ awn na~w, or in th~
naw of u~y corposatio~. part~raAip, or oth~r Q~rson aa th~
Trusl.~~•• nvminN !or boldiny tt~ as~~ta, vith os without
di~cloa!?nq t?r tiduciary r~latfon~hip.
- N. Bid j,p„Q~ Tak~ Over Nithout Ps,r~c~c~,u,_o. 20
Eor~alos• any mortyaq~, to bid ia th~ mortyaq~d prop~rty at the
for~clwure aal~ or acquir~ it frow th~ mortqayor without
for~c2o~urs. and to r~tain it or dispoa• of it upon any terms
dNm~d a8viaabl~.
O. Pay Of~ sn~umbra~}~. To pay off any encumbrancs
on any truat ass~t and to inv~at additional ~aounts to prs~~rv~
it or to i~ncr~aae ita productivity.
Q. votQ 3~ocl~. To vote atock ~or any purp~s~ in
pureon or by proxy, to entar ~nto a votinq truat, arid to
participate in corgrorate activitio~ relatod to any truat hers-
undar in any capacity permitted by law, includiny ~rvic~ as
officer or diractar. ~
Q. P~uct~ te i~n R~or_a ia~tion,~s. To unite with
oth~r owi~r~ of property similar to any h~ld in truet i.n
carrying out any plan gor th~ conaolidation, rrergar, dissolutioa,
liqui~lation, ~oraclosure. l~asa, aalo, incorporation, r~incor-
porstion, reorganisatian, or r~adjuaCm~nt ot th~ capital or
Finaricial atructur• of any aasociation or corporation in which
any tru~t has a financial int~rsoti to •erv~ aa. s mMnbsr og aay
prot~ctive committeet to dopoait truet s~curities in accordance
aith any plan aqr~ed upon= to pay ar~y as~asrmunt~, axp~n~os,
or othor suaia deeinad ~axp~dient for tY~ protection o~ ~urth~rance
of tha intereats of the 2~aeficiarfe• hsrsunder= and to r~c~ive
and retain as trust investasents a~ny new 8ecurities is$usd
purauant to the pl.ar~, evon thouqh th~o• ascuritf~a vrould not
conotituts authorised trust invostm~nts without thir provision.
R. PuraY~a~q Prozaer~v F=om Eatate. To purchase
property, rmal or pereot~al, from ~ Ssttlor'a or a bsnoficiary'e
eatate upon such ters,s and ~ondition. aa tc~ price and tanus of
payment as tho Truatee and the resp~etive Pereonal R,~pr~s~htatives
j ehall agrea upon, to hold th~ prop~rty so purchassd ie trust
~ ~?Lthonqh it u+ay not qualify a~ an authozis~d trust invaatmsnt
~ oxc~pt for this provialon, and to diapoa~ of such prop~rty as
and ahsn th• Tzvatoe shall dewa? advisabl~.
~ Emplowent~f A~s~$t~}t~ and A,~nt,~. To any
~ extont reaaonably nsceasary, to employ attornsya-at-laa,
accountante, tax apecialists, brokers, inv~stlnent counsolors,
realtors, manag~ra ~or bu~ine~sas, farms, ranches, grov~a and
torssts, technical canaultants, attomeya-in-fact, agents, and
any oth~r oonsultants and as~istants the Trust~~ d~~ma advisa?blo
for tt~ proper ac~niniatration of the Tru~t Estate.
T. S~tabl~~tuaant and Maintgr~anc~ of Reaerves. out
of the rant~, profito, or oths r qro~• inco~ae r~ceived, ta set
aside and maintain res~rvse to the ~xtsnt Qesmad advi~uble_to
~ meet pr~s~nt or futurs axpensea, including taxsa, asseasraents,
insurdnc~ premium,, d~bt ~uuortization, rspairs, improvemsnta,
~ dapr~ciation, obaol~acence, goneral maintenano~, and reasonabl~
cwnpansation for se rvic~a, including aervicsa of profeasional
~ and ott»r 1•~s authoris~d h~re
~a~p oy by, as well as ta provid~
for th~ ePfecta of fluctuatfons in gro~• income a?nQ to oqna2 or
_ apportion paym~~a for ths b~nefit of be~~fi~faries entit2ed
to r~o~iv~ incaa~. ~
~ -
. ~8_
E,,R~214 ~~.~:24~?
k , ~5 5~'+G~`.~"~~..,;
~ ~ (y
A•~Y~{'~. ~ I P~ F '~P~
, ~~'r~~- ; s
~ F,?
s:
- ,z_>:i ' - -