HomeMy WebLinkAbout0588 , , "YOUNa TRU3T« Agreement 70?~o?~I° -
~ Said Truetee shall rander an Annual Report and Acaouat
. - to eaid heire aad distributeea herein o! a.ll moneys
- reoelved snd diab~urssd. The firat Atanual Re~port ehall
be due on the 3~et day oi Deaeo~ber, 197?, and each and
~ every year on the seme date thereaPter. The Trust P1~nd
ehall be placed in a checkir~g and/or a savings aacount.
. . ~At no time sha?11 the ahecking accouat exceed Five Hundred
: ~ I?ollars. ~~500.00). -
` ~ 12. The Trustors, by ~lmeunimoue vote, may discharge ~
~ Truatee and the Truatee ma~p resign after notic~ of Thirty -
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} (30) tiays,. in writing, and in the event the Trustee is
discharged. or resigns, he is to convey all and every of -
~ , the Trust estate herein to his successor in the Citq o~
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~ Fort Pierce, Florida, aeid aucceesor to be designated by -
_r ~ said heirs and distributee$ at~law. ~ - -
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- 13• This Trust Agre~nent shall be sub~.eat to such -
~ revision or supplement as s~all be-m~t~allp egreeable
~ to the ~Truatee or Trustors", and shall be revocable
by the mutual consent o~ the_Trustors end Truatee.
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14. That rrhenever and wherever it becomes~necessery
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that the unanimous consent or the conaent of the ma~ority -
' _ - of the ssi.d heirs end distributeea .oY the said HAZBL Y.
YOUNG, deceased, be obtained, such conseat ahall be
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evidenced by an instrumnent in xriting duly aigned and
acknowledged by the said heirs aud distributees and Yiied _
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• with the Truatee and whosoever dealing with the Trustee
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~ - shall be relieved Yrom ascertainirlg whether such consent -
has been given ~n the manner and ~orm herein provided.
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