The URL can be used to link to this page

Home My WebLink About1039 ~9 g . any loss or depreciating in the value of the trust property result ing from any of the investments or reinvestments made or retained as aforesaid. 4. The Executor or Trustee may, in its sole and absolute discretion, cause the securities or any other investments that ma from time totime comprise the trust pr~perty, or anq part thereof, to be registered in its name.as Executor or Trustee hereunder, i.n the name of its nominee, or may take and keep them unregistered and may retain the same or any part thereof in such condition that they will pass by delivery. - 5. The Executor or Trustee shall determine, in its sole dis cretion, whether any payments received shall constitute income or principal, and whether any disbursements made shall be made from incame or principal. 6. When dividing or distributing any trust fund, the Execut r or Trustee is hereby authorized and empowered, in its sole discre tion, to make such divisions or distribution in kind or in money, or partly in kind and partly in money, and for the purpose of suc allotment the judgment.of the Executor or Trustee concerning the propriety thereof, and the relative value for the purpose of divi ~ sion or distribution of the property and securities as alloted, f " shall be binding and conclusive on all persons and corpvrations i j interested therein. ~ ~ ~ 7. The Executor or Trustee is authorized and empowered to ~ vote in person or by proxy or without power of substitution upon , all stocks or other securities held by it; to exchange the securi ties pf any corporation f or other securities issued by the same, ~ or by any other corporation, at such times~and upon such terms an ~ ~ conditions as the Executor o'r Trustee shall deem proper; to conse t ~ ~ to the reorganization, consolidation, or merger of any corporatio ~ or the sale or lease of its property, or any portion thereof, to ~ . ~ any person or corporation, or to the lease by any person or corpo - ~ ~ ation or his or its property, or any portion ther2of, to such cor ~ ~ ~y poration; and upon such reorganization, consolidation, merger, sa ~ CH/?RLES E. BEGHT ~ ATTORNEY AT V?W °r lease to exchange the securities held by them for the securiti ~ 37. WCI[ COUNTY _ BANK BLOO. l fORT PIERG[. FLORIDA 1 lJ`~'L'L'~~ ~~~~"'~`~l' - ~ Page 9 of 14 Page Will ~ R 6G~x~ PAL•f~~ - _ ~ ~ - < - ~ ~ . ~ _