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beneficiary. The Trustee shall be reimbursed for all reasonable
expenses incurred in the management and protection of the trust.
Section 6: No trust created hereby,. or by exercise of a
power of appointment hereunder, shall continue for more than
twenty-one (21) years after the death of the last to die of
myself and the beneficiaries in being at my death. Any property
still held in trust at the expiration of that period shall '
immediately be distributed to the persons then entitled to
receive or have the benefit of the income therefrom in the
proportions- in which they are entitled thereto, or if their ,
interests are indefinite, then in equal shares.
Section 7: Any Trustee may resign at any time by
written notice to each beneficiary then entitled to receive or
have the benefit of the income from the trust. The beneficiary or
a majority in interest of the beneficiaries then entitled to
receive or have the benefit of the income from the trust,. may
remove .any Trustee by written notice to the Trustee. In case of f
the removal, resignation, refusal or inability to act of any
. Trustee acting or appointed to act hereunder, the beneficiary or
a majority in interest of the beneficiaries then entitled to
receive or have the benefit of the income from the trust, may
appoint a successor Trustee.
Every successor Trustee shall have all the powers given
- the originally named Trustee. No successor Trustee shall be
personally liable for any act or omission of any predecessor. ~
With the approval of the beneficiary or a majority in interest of
the beneficiaries entitled to receive or have the benefit ~of the
s
income from the trust, a successor Trustee may accept the account
rendered and the property received as a full and complete
discharge to the predecessor Trustee .without incurring any
liability for so doing.
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