HomeMy WebLinkAbout2135 t
•
t
r
_
f
- (1`
estate„ (which designation +h~y estate„ shall include ail of my property, 4
real and personal, passing under this mill and/or a1y part or parts thereof ti
and at~y and all invest*nsnts and reinvestments thereof):- To retain as per-
manent any investments of my-estate existing at-~ decease including shares
of stock of First and Merchants National Ba*ik of Richmond a,-1d amt stock or
other property thereafter raceived by the^~ by virtue of their ownership of
such shares; to exercise any a~?d all subscription and other rights accruing
to them by virtue of their ownership of corporate stocks inclucifng stock of
~ First and T~erchants National Bank of RicYnaond; to alter, change, or vary
-such investmments or reinvestments of ~ estate; to make investments and
reinvestments of estate without being confined to investments lawful -
through statute or other~rise for fiduciaries in the State of Virginia, ~
I~cecutors being expressly authorized to invest in such real estate add per-
sonal property as they in their uncontrolled discretion may deem advisable
- including, but without being limited to, mortgages, notes, bonds, sand co;~mn
1
and/or preferred stocks and/or debentures of private and/or public service -
i
corporations and being expresslyy given uncontrolled discretion as to the
i -
times within which all investments or reinvestments are to be .made, the
nature and character of the same, and the rates of interest and/or incoame
thereon; to 3.nvest aSy ehtate in aqp one or more common trust funds estab-
lished and intended by ~ corporate Trustee for the collective investments
of thuds held by it (either alone or with atwther or others) in arty fidu-
ciary capacities; to continue ara3r business in which I may be engaged at the
time of my decease; to sell, resell, exchange, or otherai.se dispose of a>~y
estate, all sales to be made at public auction or privately for cash o:
r
credit; to lease ~ estate, the leases whereof ;nay be for terms extending
beyond the period of at~y trust herein provided; to make arty repairs, altera-
bons, additions, or improvemsnts to my estate; to mortgage, encumber, or -
pledge ragr estate; to borratr money without arty personal liability to ~tY
~ i
bcecutora therefor and to secure the same by nartgagas, pledges or other -
8C~(~~ P~GF~~~