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HomeMy WebLinkAbout2130 . • " . stock rights, options or warrants accrued at the time of the Grantor's death and exercisable by the executor of the Grantor's estate. (B) The Trustees may, in their discretion, make such disbursements from the trust estate to the Grantor's personal representatives in order to provide sufficient funds to pay all claims and debts or expenses of administration of the Grantor's estate, including the costs of a suitable cemetary plot for the interment of the Grantor's body, the cost of an appropriate f monument or headstone, and the cost of the perpetual care of 5 such plot. The payments for such expenses herein authorised may be made to the executor or administrator of the estate of f a the Grantor or may be paid directly by the Trustees. IX. Trustees' Authority and Third Parties. No person purchasing, renting, or leasing any of the property of the trusts, or in any manner dealing with the trusts or with the Trustees shall be required to inquire into the authority of the t Trustees to enter into any transaction, or to account for the f i application of any moneys paid to the Trustees on any account. X. Trustees' Rights and Responsibilities. e (A) Resignation. Any Trustee named or acting as Trustee under this Trust Agreement may ref use to so act or resign and be discharged from acting. as a Trustee by giving, personally or by mail, written notice of his, her or its resignation or refusal, duly acknowledged, to the current .income beneficiaries. Such notice shall specify the date when such resignation shall take effect, which date (except as the person to whom notice of such resignation shall have been given shall otherwise consent) shall be at least sixty (60) days after the service or mailing thereof. (B) Successor Trustees. Upon the death, resignation, inability or refusal of MARR W. MINNE' to serve as Trustee hereunder, then Grantor - nominates and appoints J. NEIL HUBER, JR. to serve as - I O 8001R(~ PAGE~,J~ S