HomeMy WebLinkAbout2733 • , ' . ~
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, wise dispose o~ any or all of o~y estate~ whether real or personal~
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~ I'; giving Lhetn full power to make any repairs ~ to pay and deYraq all
' encumbrances ~ to collect and receive all rents ~ to make s uch sale
c.
or sales~ without leave of Court~ as are necessary to carry out
the terms of this Will~ ~and to transfer and convey the same by
good and sufficient instrument or instruments to the purcYiaser or
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purchasers; and in addition thereto~ to retain ia the estate any
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s~ securities or other property~ real or personal~ belonging to ~
Estate ~ particulmrly shares of capital stock of S. J. McNeilly ~
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; Inc. ~ in the same form of investment as that in which said securi-
~ ties or property are received by my Executors without in ar~q, waq
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~ being liable for any shrixilzage in valae by reason of such reten-
~ tion~ and to turn such securities or property over to the heirs
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; herein named in specie~.
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~ ~ ~ CLAUSE NINE
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; l. I direct that the burden of all estate taxes~ death taxes
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or duties of every nature~ other than State inheritance taaes~ im-
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; posed bp reason of mq death with respect to ax~y property or other '
; ij interest~ whether disposed of by this will or not~ shall be appor-
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; tioned among and borne bq the recipients and beneficiaries of such
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~ ' ro er or interest in the same ro ortion as the value thereof
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I bears to my entire tazable estate for Federal Estate tax purposes.
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2. All State inheritance ta.aes shall be paid out oY each be-
~ ; quest as provided for by law.
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3. I specifically provide 'that my Executors maq collect from
~~any person any portion of the Federal Estate tax which is properly
allocable to any property or other interest as provided herein.
• 4. My Executors maS• compromise on such terms as they deem
} reasonable any inheritance taxes on any future interest~ vested or
~ ~ contingent~ which passes under this will or otherwise~ and pay
~ 'such taxes out of the rest and residne of in e
~ y state even though
. the same would not be due and payable according to law during the ~
period of administration of my estate.
TN ~rZTNESS ZyHERc;OF~ I the said Robert I.. RutherYord have
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