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C. Succession of Trustee.
(1) Any successor Trustee shall accept the office by
written instrument and shall assume the duties thereof immediately
upon delivery of the instrument to the other Trustee(s) then
serving, or, if no Trustee is then serving, to any adult benefi- ,
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y, without the necessity of any other act, conveyance or
transfer.
(2) The title to the Trust Estate shall vest forthwith
in any successor Trustee acting pursuant to the foregoing provisions
hereof, but any resigning or removed Trustee 'shall execute all i
instruments and do all acts necessary to vest such title in any
successor Trustee without court accounting. A successor Trustee
shall have no duty to examine the accounts, records and acts of the
p=evious Trustee and shall in no way or manner be responsible for
any act or omission to act on the part of any previous Trustee.
~ Any claim or action against any previous Trustee must in any event
t be asserted or filed by any beneficiary within one year after such
` Trustee ceases to serve.
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(3) Each successor Trustee shall have, exercise and enjoy
all of the rights, privileges and powers, both discretionary and
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ministerial, as are herein given to the original Trustee and shall
incur all of the duties and obligations imposed upon the said
original Trustee.
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D. Resignation. A Trustee may at any time resign his office
as Trustee by delivery of written notice of resignation to the
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person having at the time the power to appoint a successor trustee.
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