Loading...
HomeMy WebLinkAbout2135 _ _ .c ...j s. _ ~ a~.a .ml a r-~. •~~~t~.-a~eM.n. ..tea. ~ . ~ • t ~ _ : - - • ,t ~ j 79 4~6 _ D.___ Should the principal of any trust herein provided- - - for be or became too small in my trustee's discretion to make 8stabl#sh- went or continuance oP the trust advisable, my executor or may trustee may distribute the remaining principal and any accumulated or undis- tributed income outright to the income beneficiaries in the proportions to which they~are then entitled to the income. The reoeipts and re- leases of the distributees will terminate absolutely the rights of all persons who might otherwise have a future interest in the trust, whether vested or contingent, without notice to them and without the necessity of filing an account to the court. - S. Until ID4? trustee receives written notice of any_ event upon which a right to receive income or principal may depend, it shall incur no liability to persons whose interests have been affected - by such event for distributions made in good faith. FOURTH: In addition to the powers conferred by law, my execu- for with respsct to ©Y estate, and my trusted, with respect to any trust, shall have the following powers, to be exercised in their absolute dis- cretion, in the capacity to r~hieh such powers may be applicable: - S A. To retain for distribution in kind, without duty of diversification, all property owned by me at my death or received in trust, including stock in PITTSBURGH tiATIOhAL CARPORATION, or to sell all or any part of such p^operty, upon such terms as they shall dew advisable; to invest ia~ all fora of property; to exchange or lease for any period of time any real or personal property and to give op:ion3 far sales, e::ehanges and leases; to exercise a13 rights of security - -4- - - - - 8~~~ N~~_ _ ' ~ e ~ks 'w ~ ,~.'Yt 'L~i+Y bYs'.r ~a A1_ `s t 7'a ~y.- ~ ~ ' ~~r`7. ~.+L;'~-%. i rr. '~~`~t~ ~ `f'''ad +~'t ~ t w~', ~ _ t~K s' `{`t^ 'cp4. C_ 1 r• ~ . ia."S :s ~ ~ ' 7 s ~-+.rf :.L+S }t ~ Y~ ...w ..w _ 3:f."p..fr lss~ K+jr' ~ .,cr';,1~-V,~ f tS',r'L"~'s ~ f-?'~~.'~~~~.is .•''xr~ tE 1~.. ~L~2 rt 't-.~'~.~?~ '~~~r. f~~~~--, ~ ~~1~y ""J`'~i ~ 7.-TIC.~4'1I.1. ac~~ X~'i`S:L:~z~'3'~ r !i ~Q~6.~t~ r ~•'ef ~`~`tr t~fr ~,t''+~~