HomeMy WebLinkAbout2441 • - - r.
c.~. 297'8 pc 997
their sole discretion, shall deem equitable and proper;
O. With respect to any business interest that may
be or become a part of the estate, whether organized as a
sole proprietorship, partnership or corporation, upon such
terms, for such time, and in such manner as they deem advisable:
1. To hold, retain and continue to operate
such business solely at the risk of the estate and without
liablity on their part for any losses resulting therefrom;
2. To dissolve, liquidate or sell such business
at such time and upon such terms as they deem advisable;
3. To enlarge, diminish or change the scope
or nature of the activities of such business;
4. To incorporate such business and hold ttie
r
stock as an asset of the estate;
i
j 5. To use the general assets of the estate
f for the purposes of such business;
f
6. To borrow money for business purposes a~td
~ .
to mortgage, pledge or otherwise encumber the assets of th~a
f
t
estate to secure the loan;
• 7. To employ such officers, managers, employees
or agents as they deem advisable for the management of such
business;
8. To accept as correct financial or other
statements rendered by the business from time to time as to
3
its conditions and operations except when having actual notice
~i to the contrary;
1
i 9. To regard any corporation as an entity
i
i
separate from the estate with no duty to account to any coc.rt
as to its business or operations;
10. To exercise with respect to the retenticn,
continuance and disposition of such business all the rights
and powers of which I would have been capable, including all
-6- ~~Gx322 Pa~2433
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