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HomeMy WebLinkAbout2730 . ' 3 ~ • ',~person not_ad~udicated incompetent but who~ by reasoa of illness ~ sical disability ~ is in the opinion of the trus- ~ or mental or p2'~y ~ tees unable properly to admiaister such payments~ then~ such pay- ~ a : ments ~?y be made by the Trustees for the benefit oY sach benefi- ~ ciary in such of the followiag waYs as they deem bests- a. Dlrectly to such beneficiary. , • b. To tbe ieggily apposnted guardiaa or con- servator of such beneYiciary. i~ c. To some relative or friend of such bene- ficiary for the comfort and support of such beneYici.ary. , d, By the Trnstees~ using such payments i~; directlq for the com~ort and support of such beneficiary. no paymeats here- 6. Upon the death of any beneYiciary~ ~t ~ under sY~all be made to her administrator or ezecutor but shall be ~ regarded as having been unexpended and shall be disposed o~ as ,s ; herein provided. In addition to and not in limitation of all common { _ 1aw and statutory authorlty ~ the Trustees shall have the following ~ ~ - ~ powers which shall continue after the date oY the termination of i ~ ~ this trust for the purposes of distribntion~ viz.: To sell at pub- ~ ; i ~ lic or - private sale ~ or to exc}~ange ~ lease ~ pledge or mortgage ~ in ~ ~ such manner and on such terms as the Trustees deem advisable ~ any ~ ~ , l~ ~ real or personal~ which may at any time constitnte a t property ~ ~ ~1~ part oY the trust property; to borrow money~ with or withoat secur ~ ~ ;s ty Yor any purpose~ and to pledge securities or other property to ~ ~ 1 secure any loan; to execute all deeds~ assignments~ mortgages~ i leases or other iastruments necessary or proper for any of the fore . einvest the trust property and to re~ guing purposes~ to invest or r ~ ert which in the opinion of the tain as an investment any prop y Trustees is suitable for the purpose of the trust~ although oY a ~ ; kind or ia an amount which might not otherwise be regarded as a ~ ~ ~ proper trust investmeat; to vote either in person or by general or limited proxy or to refrain frow voting any corporate stock for I: any purpose; to deposit any securities held by them "with or under ~ . the direction of any committee formed to protect said securities ~ ~A6~L~~~ ~ ' 3• , ~"-.r,-„"~*.;-s r °+'wa~..~.~w..- " +z. . . . . - - s. 3 1,7. . 'e ~ ~ , _ _ . _ s s. _ _ .Y~'s.``z~~~~'~~~^'~' ~ - -