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HomeMy WebLinkAbout1192 ~ EXHIBIT "A" ? TG .stain as an investment an. property received by ` I them thereafter without regard to the proportion which ~ property of similar character so held may bear to the en- tire amount of my estate or any trust or other funds hereunder, ar whether or not such property is of the class in which fid-. uciaries are authorized by law or any rule of court to ' invest; to mortgage or pledge any such property; to sell ` or exchange such property at either public or private sale • upon such terms and conditions as to credit with or without security, or otherwise as they may deem advisable; to grant , options with respect to any and all real or personal pro- perty; to borrow money for any purpose and pledge or mort- gage the property held whenever in their iudgment such ~ course shall be advisable; to make payment or divide or distribute in kind; to lease on any terms and conditions and beyond the termination of the administration of my estate or any trust hereunder without application to any I court; to insure against loss of any kind; to compromise, settle or submit to arbitration, or to release with or without consideration any claim against or in favor of my estate or any trust hereunddr; to invest and reinvest in any property, including, but not limited to, real estate, bonds, notes, debentures, common and preferred stocks, mutual funds and other securities without regard to the proportion which any investment may bear to the entire amount of my estate or any trust or other fund hereunder, and without being limited to the class of securities or other property in which fiduciaries are authorized by law or any rule of court to invest funds; to collect and re- ceive any property; to vote in person or by general or limited proxy in respect to all stocks, bonds or other securities of any corporation; to oppose or consent to the reorganization, consolidation, merger, dissolution or liquidation of any such corporation, or to the sale, lease, mortgage or pledge of any property by or to any corpora- tion, and to do acts with reference to such stocks, bonds, notes and other securities which they may deem necessary or proper to enable them to obtain the benefit of any such reorganization, consolidation, merger, dissolution, liquidation, sale or lease; to exercise or allow to lapse any conversion privilege, subscription rights or any op- tion available in connection with any such stocks, bonds, notes or other securities and to make any such payments in connecticn therewith as they shall deem necessary or advisable; to make improvements on any property; to ap- point agents and delegate powers to them, to employ or retain attorneys, accountants, investment counselors, or such other advisers as may be necessary, to pay fees to such persons, and to rely upon the advice of such persons; to hold securities in any depository, to cause any pro- perty to be registered or held in bearer form, or in the name of the nominee, or in their own name individually, without disclosure of a fiduciary relationship, to dis- pense with the making of any inventory; to pay taxes and assessments on any such property; to exercise all rights in connection with such powers; to make, execute and de- liver any instruments and to enter into any agreements binding my estate or any trust hereunder, and to exercise all rights in connection with such powers; and to admini- ster in solido any trusts created hereunder, with each other.- All powers and discretions granted by this Will to my Executor and Trustee may be exercised without authorization or EXHIBIT "A" 6 of 22 •i ~ _ 80030015 , 6- aoflK343 r~~cEi191