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assign, transfer or otherwise dispose of all or any part thereof, real or personal,
free of trust upon such term8 and conditions including credit as they see fit
and to borrow, make loans, secured or unsecured, and compromise. claims
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and they may- acquire or retain unproductive property ss they think fit and F
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may invest and re-invest all or any part of the trust estate in such stocks
common and preferred, annuities and/or life insurance for any beneficiary +
and insurance on the life of any person or persona in whom any beneficiary ~
has an insurable interest, debentures, shares or participations in any common ~
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fund, bonds, notes, securities or other property including real estate and
intere$t'Tthere3n whether of the class or kind now or hereafter ordinarily
approved or held to be lawful for the investment of fiduciary funds or not
and as they may~in their absolute discretion select and they may make and
change from such investments from time to time according to their discretion
and the shall have further power to continue to hold any stock, securities
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or other property including real estate and interest therein which they may
receive hereunder and they may invest any part of the funds in property
located outside the State of Indiana and they shall have further power to consent
to and participate in any plan •of reorganization, consolidation, merger . _
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combination or other similar plan and to consent to any contract, -lease,
mortgage, purchase, sale or other action by any corporation pursuant to such
plan and-they may retain any securities received under any such plan or
reorganization, consolidation, merger, combination or other similar plan
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whether or noY such securities would otherwise be proper for the investment
of the funds of the estate or trust estate herein created and they shall have i
the power to deposit any such securities with any protective reorganizati un or
similar committee to delegate discretionary power thereto and to pay a
pro-rata share of the expense and compensation of such committee and any
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assessments levied with respect to such securities and they shall have. the
power to exercise all conversions, subscription, voting or other rights
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