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1. To take possession of property, to keep it safely and -
to segregate it from other property owned or held by the fiduciary;
2. To engage in the powers necessary to the effective -
administration of corporate securities, including, without limiting
- the generality of this power: ~ -
(a) power to vote in person or by proxy upon all
securities held by the fiduciary;- -
(b-) power to engage in a voting trust or voting -
agreement with respect to securities;
- (c) power to consent or become a party to, or partici-
pate in, mergers, conso-lidations, sales of assets, recapitaliza-
tions, dissolutions or other alterations of corporate structure,
including adjustments in capital structure affecting securities
held by the fiduciary, whether or not these adjustments involve
-payments by or to the fiduciary; and -
-(d) power to hold securities in unregistered form or
in the name of,a nominee.;
3. To engage in the powers necessary to the effective
administration of real property, including,. without limiting the
I'~ generality of this power:
(a) power to let as lessor any r-eal property for such
periods as the fiduciary finds appropriate, including periods
E extending beyond the term of the trust or estate, upon whatever
terms it finds proper, and to execute leases containing covenants,
including covenants of renewal;
i ~ (b) .power to erect, alter, improve, repair, and -
demolish buildings and other improvements to real property, to
grant and obtain easements, and make party wall contracts; and
~ (c) power to partition or divide,- as the fiduciary
p. _
finds appropriate, any real property owned jointly or in common
~ -with others, and to plat and subdivide any real property; -
~ 4. To exercise all powers with respect to any businesses
which I own as a sole proprietor, partner, or holder of a majority
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Page 7 of 11 Page Will
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