HomeMy WebLinkAbout1254 •
r _
C. To continue to hold any property or securities received by it
at the commencement of the trust, although not of a type or quality nor con-
stituting adiversification considered property for trust investments.
D. To invest and re--invest the trust assets in boncig stocks, martgayes,
notes or other property of any kind, real or personal,irr~spective of any st•~tutes
or rules of law limiting the investment of tnst funds.
F.. To sell at public or private sale ~~nd convey any and all of the
trust property, including real property, :3rd any re-investments thereof, from
time to time for such Price and upon such terms as it shall see fit, including
the right to pledge any or all of said trust estate.
F. To vate either in person or by proxy, or refrain from voting, any
corporate securities belonging to the trust e5t~~te.
G. To exercise or sell any subscription or conversion rights belonging
to the trust estate.
N. To consent or join in any voting tr:.~sts, reorganizations, consol-
illations; rrrergers, foreclosures, and liquidations, and in connection therewith
to de~~asit securities with or under the direction of any protective committee under
such ierrns as it may deem advisable.
I. To settle, compromise, contest, prosecute or abandon claims i_n
favor of or acs=inst the trust estate as it may deem advisable.
J. To execute and deliver any and all instruments in writing ~Nhich it
-nay deg m ~~dvisable to carry out any of the fc~reyoing ix~r~ers.
SiXT1i: The Trustee shall be entitled to compensation for its services
,jt t^e r~~te of ore-half (2%) percent per ~~nnurn of the aggrey,~te market value of
the trust estate.
t SEVENTH: The Trustee may resic,n at any time by a written notice to the
Grantor ar ~spon the death of the Grantor by api~ropriate legal proceedings. Upon
such resignation, the Trustee shall pay, deliver and convey the trust estate then
i
i
f
i
,
. ~ BOOK P~~EsZ~4