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~ and ~tirther, to retain suah property ~ithont re~ard t,o the proportioa su~h i
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~ praperty or similar proaerty beara to the entire trtxat; to hold the co '
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~ of txo or mcre trusts created hereunder in one or more consolidated tlu~ds in
~~xhich the separate shares shall have undivided interests.
~ 2. To sell e~cc e ~
~ , hang , grant options for the purchase oY all or a~r
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iportion, including undivided interests-~+r a~ propertp, Whether real, personal ;
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~ior mi~ced, ~hich may be an asset o~ the trust, at public or private sale, ~or
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;ather property, Yor cash or on such tenns as they ahall deem advisable; and ~
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~~any person named trustee may De a purchaser at a~r such public or private aale i
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or e~cchange, regardless of anpr provision or laW, to the contrary~ and ~ithont {
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comp~y3.ng frith anpr fonoalities or prncedwres reqnired by statute relating to
~ ''purchase by ficnciaries; to borro~ money or other property and to mortgage~
?'pledge or et~cumber auyr real estate or personal property as security therefor~ '
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' and in no event shall a~r pnirchaser or mortgagee be nnder arqr obligation to
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I;see to the application of the mtrchase or mortgage money; to lease a~r real
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;testate on such terms as they shall deem advisable and for an~r period or
periods beyond the tei~mi.nation or probable te~nination of arqr trnst herein
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~3created; to foreclose, bq entry or otherwise, and to extend, aasign, or give ~
`~partial releases f"rrne and discharge mortgages on real estate; to collect
~;income, dividends, interest and rent; to carry out a~qr contract ~or the sale ~
~~or purchaee o! a~r real estate or per~onal property, to grant or take optiona
~ for the sale, prnrchase or e~ehange of a~ property.
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: . 3. To e~oercise a]1 wting, comeraion, snbscription -and other rights ~
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I ~ of xhatsoev~er nature appez~taining to secur~ities or ather property o~ned by t 1re
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~ 3jtrust; to cause ar~ secur3ties held bg them to be registered in the name of a:
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! '~nom~nee, in "street name", or their oWn names eithont disclosing the fiduciary :
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; _ ~;capacity, xithont liability in so doing. :
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E 4 To vote in person or brr pro~y upon all stocka or other securities '
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~ ; held in the trust; to participate in and•consent to an~r plan or reorgani~ation, ~
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' '~including coasolidation, merger or combinations; to det~osit at~ pro~erty under ;
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;`an~ such plan of reorganization xith a~r protective reorganization can~ittee : `
'~or similar co~nittee, ar~d to delegate to such commi.ttee discretionary poWers
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s ;;xith relation thereto, and to pay a proportionate part oY the eapense of such ~
s ~ ~ coimnittee and arqr assessments accrving nnder arry snch plan and to accept :
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;`and retain net~r securities received in pu.rsuance o~ such plan.
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