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or guardian of any minor Beneficiary, unless
a successor Trustee is designated in this
IaStrument, nay by action in a ~oritten instru-
ment, duly s~cknowledged, desiPnate a successor
Corporate Trustee of such Trust.
Tl. The profits and losseR arising from -
any activity of a Trustee as such Trustee of any
Trust created hereunder shell respectively inure
to Che benefit of or be charged against the
respective Trust nncl not the Tnistee.
N. In the event the Trustee is required
to distribute principll or income hereunder to,
or use or expend such principal ~r incon~c for
the benefit, support or suaintenence of a minor,
or an =n~~ompetent person, each such distribu-
tion or e:cpenditure may, at the sole discretion
of the Trustee, be made without the intervention
of .any guardian or any court, or the Trustee
may distribute directly to ttie guardian having
the legal custody of such minor or incompetent
i
.-end the voucher of such guardian shall be full
acquittance to the Trustee Eor any sums so dis-
tributed; but the T rtsstee may, in the discretion
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of the Trustee, require such reports end take ~
such steps as it may deem requisite to assure
and enforce the due application of such sums
to the purposes aforesaid.
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