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H. To sell or exercise any "righ~s" issued on any
securities held in my estate or in any trust fund hereunder.
I. To consider and treat as principal all dividends
payable in stock, all dividends in liquidation, all "rights"
issued on securities, provided, hoM~ever, that all capital
gains distri.butions on shares of mutual funds shall be treat-
ed as principal, and to consider and treat as income all
other dividends received (except those declared and payable
as of a"record date" precedinq my death, which shall be con-
sidered and treated as principal). .
J. To charge or credit to princi~al any premiums ~
and discounts on securities purchased at more or less than ~
• ~par. ~
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K. Whenever required or permitted to divide and ~
distribute my estate or any trust created hereunder, to make
such division or distribution in money or in kind or partly
in money and partly in kind; and to exercise all powers
herein conferred, after the termination of any trust until
the same is fully distributed.
L. To consent to the reorganization, consolida- '
tion, merger, liquidation,~ readjustment of or other change
in any c~rporation, company, or association or to the sale,
mortgage or lease of the property thereof or any part there-
of, any of the securities or other property of which may at
the time be held by it hereunder, and to do any act or exer-
cise any pawer with reference thereto that may be legally
exercisable by any person owning similar property in his own
right, including the exercise of a~y conversion, suhscription,
purchase or option, the deposit, surrender or exchange of
securities, the entrance into voting trusts and the making
of agreements or subscriptions which it may deem aclvisable
or ~ecessary in connection therewith, all without agplying
I to any court for permission so to do, and to hold and redeem
` or sell or otherwise dispose of any securities or other prop-
~ erty.
~ ~ t~i. To compromise, settle, arbitrate or defend
~ any claim or demand.i.n favor of or against my estate or trust;
to enforce any bonds, mortgages or other obliqations or liens ;
held hereunder and to enter upon such contracts and agree-
ments and to make such compromises or settlements of debts, ;
claims or controversies as it may deem advisable or necessary. i
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1~. To have full power and authority to borrow ~
money from any source including the f iduciary in its individ- ~
ual capacity, for any purpose including the protection,
preservation, improvement or development of the estate or ~
trust hereunder, whenever in its judgment it deems it advisable,
and as security, to mortgaqe or pledge any real estate or
personal property or intangibles forming a part thereof, upon
such terms and conditions as it may deeri advisable.
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O. To lend money to any person or persons upon
such terms and in such ways and with such security as it ~
may deem advisable for the best interest of my estate or
trust.
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