HomeMy WebLinkAbout0199 }
1
i
F. To sell or exercise any "rights" issued, on any
ssc~:rities hail in my estate or in any trust,#und hereunder.
. ~ I
G. To consider and treat as corpus all dividends payable
' in stock, all dividends in liquidation, all "rights" issued on
securities, provided however that all capital gains distributions on
.shares of mutual funds shall be treated as corpus, and to consider .
and treat as income all other dividends received (except those declared ~
and payable as of a "record date" preceding my death, which shall be ~
_ ?
considered and treated as corpus).
H. To charge or credit to corpus any premiums and discounts
on securities purchased at more or less than par.
Y. To vote in person or by proxy any stock or securities
held, and to grant such proxies and powers of attorney to such person
or persons as it may deem proper.
J. To consent to and participate in any plan.for the
{
liquidation, reorganization, consolidation or merger of any corpora-
tion, any security of which is held.
K. To borrow money (from itself individually or-from-
~~tlicrs) upon such terms and conditions as it may determine and to
mortgage and pledge estate and trust assets as security for the }
repayment thereof. -
L. To • lease any real estate for such term, .f~~ .trl~g and
~ :r ~ lam. Y s
upon such conditions and rentals and in such manrteiC°~ ';.e~eem 1
y
.ulvisable (with or without privilege of purchase] and `;~iny~`ease so
~na~le shall be valid and binding for the full term t~ere0 ®~?en~'though
:~a;~~e shall extend beyond the duration of the trust. To.`Aiake zepairs,
replacements and improvements, structural or other~oise,.to any such
real estate, to insure against fire or other risk and to charge the
expense thereof to principal or income (or apportion same between
s
principal and income) as it may deem proper. To subdivide real `
^tate, to dedicate same to public use and to grant easements as
r
i
ii. may deem proper.
~~5 ~~r~ x.59 G~ ~
Patsy er s. Henninger
5 BOOK JV~ PACE 1 ~ ~
e ,-,tea ~