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HomeMy WebLinkAbout2747 79 1~5 4 fiduciaries may deem proper in their sole discretion; to exchange E such property; and to grant options for the p! rchase thereof 3. To borrow money and to pledge or mort- s gage any such property. 4. To extend the time of payment of any obligation held by them, and compromise, settle, or submit to arbi- tration upon such terms as to them seem proper, or to release any claim in favor of or against the Estate held by them. 5. To collect and receive any and all sums and any and all property, of whatsoever kind or nature, due .or owing to them in their fiduciary capacity, and to give full discharge and acquittance therefor. 6. To pay premiums on all policies of insur- ance held by them in their fiduciary capacity, and to elect any options t or settlements, or exercise any rights upon such policies. 7. To satisfy any general legacy or any I par t thereof, in kind; and, in the division or distribution of my Estate or any Trust created hereunder, or any ~art:thereof, to make partition, ~ ~ division, or distribution of property in kind; and, for any such pr~r- pose, to determine the value of any such property, which determina- tion shalt be conclresive and not subject to review. 8. To cause any securities or other property held by them to be registered aid held at their own risk in the name of a nominee. 9. To apportion stock and extraordinary dividends received, and charges incurred, between income and ~ ~ R ~UOK t~ Pat:f ~r 23 - - _ y~~s r - t s ` ~ y~r ~ :ate