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HomeMy WebLinkAbout1297 79 52$C~ 1. The net income, not in excess of Two TliousAnd lx+ll~nrs ($2,000.00) per year, shall be distributed to and fdr thc~ use and benefit ot- iUy s.•tlc', daughter annually until she shall reach the tif;e oC thirty (3U), dad there- after shall be paid quarterly without limitation. 2. k'lren my daughter shall attain or be .of the age of thirrp-five (35) years, one-haif (1/2)of the principal of this 'Trust shall be dlstributec'. to gay said ' dau6htcr, anti t?c reafter thy: entire fret ir~cotne from the balance of the hrlncipal of Chis 1'ivst shall be distributed for lire u~;e ~~iid benefit of my said daughter until she att.;ina the ~lj;i~ vi forty (40) yc~irs, at which tirue the entire bal~utce of the principal or this 'I rust, together with any undistri~uted into©c, shall be distributed to my said daughter. 3. If my daughter dies betore becoming entitled tc? receive distribution of this Ttvst, the un- distributed b.~laitce of principal acid undistributed income shall thereafter be held for the benefit of my daughter's then 1 ivint; ~ 1~?;af_ul issue, by right of representation, or if there are no such issue, said principal And undistributed incc?;;:e sh.11.1 1,~~ distributed to iuy ~irphew, i3l:NNET SHUItT, arrcl my niece, A:1N SALVIN, or the survivor of them. C. Unless sooner terminated in the manner herein- before set forth, each Trust shall cease and terminate ttsenC jr-c~nc (?_t) years after the dedtll OI my issue who are livinh at tl~c time of my death. Upon such termination, or upon the earlier death of all my issue, the entire principal - 1S - _ go~x 319 PACE 1295