HomeMy WebLinkAbout0213 80 5 8
C. The trustee nominated below may resign by giving .
written notice specifying the effective date of his resignation,
to the adult beneficiaries of current_incc~me at the time of notice,
TENTH:. My personal representative and trustee shall have
the following fiduciary powers, which are to be construed in the
broadest manner consistent with the validity of this Will and with .
their duties as fiduciaries. The powers stated here are not
intended to be exclusive, but shall be in addition to those granted
by law and shall also pertain to any administrators or txustees
who succeed the fiduciaries I have appointed in this Will. These
powers are:
1. To take possession of property, to keep it safelq-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, consolidations, sales of assets, recapitaliza-
E
~ 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
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administration of real property, including, without limiting the
r
~ generality of this power:
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Page 6 of~ll Page Will e c
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