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LAST WILL AND TSSTAA~NT OF MYRON M. VARN
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included in the Trust property, and no transfer agent of any
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such firm, corporation or association shall be required to
ascertain whether or not they have power and authority to sell
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or transfer any of such securities. '
fir.
(e) - They shall also have full power and auth rity,
at all times to
pa icipate in such manner as hey deem proper,
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or to refrain from participating in any reorganization, merger
or consolidation affecting any of the Trust property;~to exercise $t5
or refrain from exercising, and to sell or otherwise deal with -s
or dispose of any rights, warrants or other privileges pertain- ~ -
ing to the Trust property or conferred upon or issued to them
as holders thereof; and generally in connection with the Trust 1
property, to do all acts and things which-they deem for the
best interests of the Trust.
(f) - Whenever it may become necessary to divide the
Trust property for the purpose of distribution or otherwise, ~
it may make divisior, thout formal appraisals or sales and may
determine in such manner as it shall, in its absolute discretion
think fit, the value for the purpose of such division of every
or any part of the Trust property. It may ~cide whether accre-
tions to the Trust property shall be treated as principal or
j income and whether expenses shall be charged to principal or in-
( - come. All such decisions made by it in good faith shall be
~ conclusive upon all-the parties in interest.
~ (g) - It may, in its discretion, keep any of the
securities or other property belonging to the Trust registered
or recorded in the name of said Trust, or in its individual name,
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or in the name of its nominee, without disclosing said Trust,
or in the individual name of any other person, firm or corpora-
tion, including the corporate Trustee as nominee without dis-
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