HomeMy WebLinkAbout0838 ' I~) ~~.7~~
li~uciari~s s to rpist~s any stock ~ boad or otlas s~curi ty in ~ p
the na~M o~ ~nv ~~a1eN. withaut th~ addition o! wosds iadicatinq
that such ~curity i• h~ld in a fiduciary aapacity, but aacurat~
r~aords shall b~ M?intai~~d ~Aowin~ shat such ucurity is a trust
asset , and ths ~x~autor os ?su~tN?. as appropriat~, shall ba~
r~apo~.s~~:~ !or th~ i?cts o! such noiin~t; to oak~ division os
dfstributio~ in kind or ie ~on~y, o= ps?rtly in kind and partly in
~anoy; to appoint a~eata; to a~ke payMnt at ~on~y dis~ctly to any
einor b~n~ticiary without th~ necossity ot havinq a q~ar~dian appointid.
or to pay thf sa?N av~s to th~ p~~rwn ha,vinq custody o! aucb ~inos ~
or to u~• th~ su~ !or th• b~n~fi.t of such ~inos; to caapra~i.s~,
stttl• ar adjust any clai• or dHand by or aqainst wy ~stat~ os _
any truat h~r~inabow cr~atvd; to a?9r~e to any r~scission or
~ ~oditication o! any contzact or aqr~~at alf~ctin4 such ~stato or
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` trust or trusts; to d~tQrsin• wtwth+~r itaas should be chuq~d or
cr~ditod to incos~ os corpus ot aliocat~d b~tw~~a 1oauM and
~f,~ corpu• in such ~nnor aa ft, in ttN ~x~rcis~ oi it• discr~tion,
e~yt~
say d~N ~quitabl• and lais und~r all th~? circu~stancts, includinq
~ th~ po~?~t to a~wrtiz• and fs~il to a~or ~is~ a~ny part o= all o!~
any pr~~iu~ or discounts to troat any patt or all ot th~ prolit
r~au~tinp tro~ tht ~aturity ot ~~al• o~ any assot. whether
purchas~d at a pre~iuo or at a discaunt. as incaM or carpus or
apportian th~ sa~w bot~~n inca~ and corpu~; to apportio~n th~
sal~s pric• o! ariy aas~t b~twr~n inco~ and corpw; ~o trtat
any divic~d os~ ott~r ~i~tsibution on an inv~~t~ant a~ i~cas~
or corpu~ or apportion tht sas~ brtan~n inco~ and corpus; to
~ak~ ~y ~ltction ptr~itt~d by any tax law, it in ita opinion
such ~l~ctioa is ~or th• co~bir~d b~tst int~rest o! iy ~stat~ a~r~d
th~ ~~ficiari~s th~t~of, and to ~ak~ os ~?qre~ i~ such apportion-
Mnt of tax~a as it d~NS ~quftabl• unci~r th~ cir~stanc~sj and
to do i?11 of th~st thinqs without ord~t o! or r~portinq to any
aou~rt.
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