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HomeMy WebLinkAbout1333 i . • _ F i i t. • r. . t f ~ - - oo~rosdae acp actirons, suits, olaLss or aiaputss ralatin~ to Mss Trust sad to satisfy the seas out of the T=vst estates. . . _ (1) Tto ?ruatoes ars authorised to elect officers and saployeN is . - connscti,oa with the aoa~iuct :nct rsanae~eaoat as the ?rust ritbout aeirsg arerr~ _ - - - - - _ _ - - _ able for t~ scts ard- do!aults a*-such officers-and agauts, sad to cseal is all setters sifts Lbe ?rust as il1>,y as if they lets absolute arasrs of said - ~ ~ ?rust. ~ ~ - (a) ?he Trsstues shall asset at such Hasa asxl places se thsy shall troy ties to t3a. deterains, no notice of suds aaetiag beiu~ required. L ' . worlty of the Trustees shall cos~etitute s quoruw for th. purpose of tras,aact•• ia~ business. ~ . (a) the Trustees shall appoint a socretar~r who shall keep ainnta of - all zw?tin~s o! the Trustees sad shall t» the custodies of tae rscor<ss os ~ tb. Trnet. . - (o) The fiscal year of the Tnsst shall esd the 3lsti a,v os Dso.'ber . ~ in each year. ~ ~ ~ ~ _ . (p) ?hs Trustees shall flare the po.er, at aqy t3msa to borrow amsy . sod to plsdg~ as oo]lateral sects-lty for snob l~oau act personal property be- . . 3+oa~ to the Treat, and to :s~rtgade ac0? real estate belamgi~ to the Treat ' , as ssaurlty therefor. s t . (q) do person dealing with the ?rust shall be rsrssirad to see to the - ~ . applicatioa of aqy funds. ~ ~ - 9NJlRS9 j. ?tee burustlcial 3:ttorost ehs31 be diridsd into one thousacd (1000) . sbar:s of a par tales of one h~aured dollars (3100) each, and the Trustees l . shall kesy a record which shall contain the mass and acwiress~s as the ~ - 8haiebaLdsrs and t2se ate~tser of shares held b7 each, with tbs reooid as all ~ ~ -s tsanafars thereof. The o rtificatss reprasentias aucA shares stall bs ; 4 ~ ~ ~ ~ F - - - - ~ :i .4 ~ } s~ 316 ~~~3`~ ~ 4~