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HomeMy WebLinkAbout0957 ~ i ~ ' ~-~1 . . event that my said spouse is unwilling or unable to serve, then I hereby nominate, constitute and appoint EDWARD V. KLEIN as First ,I Alternate Executor and ELIZABETH VAN NESS as Second Alternate Executor of this my Last Will and Testament. I direct that no fiduciary named herein shall be required to post bond to secu•re his or her faithful performance. ~ ARTICLE VI The term "personal representative" as used herein shall include executor and administrator c.t.a. Whenever the singular oi any o~ the ~ore~oing te~i~ is u~ed, it sha13 in~2ude the plnra2, and plural the singular, and the use of any gender shall include all genders. ARTIGLE VZI In addition to powers given by law, in the investment, administration and distribution of my estate, my personal representative may perform every act in the management of my ~ estate which individuals may perform in the management of like property owned by them free of any trust without authoriziation of any court, even though any such act would not be authorized or appropriate for fiduciaries (but fur this power) under any statutory or other rule of law, including in this grant, power: ~I - i to ac~u~re by g~;r~; as~ ar cthe~wise and ta retain, temporarily ~ . ~ or permanently, any and all kinds of realty and personalty ; ~ including common stocks and unsecured obligations, without diversi- ~ fication as to kind or amount; to se11 or otherwise dispose of any such property, gublicly or privately, for such prices and ~ on such terms as my personal representative deems proper without ~ liability on the purchaser to see to the agplication of the purchase moneys; to compromise controversies; to settle and discharge any ~ claims against my estate; to pay, in the discretion of my ~ ~ personal representative; any debts or claims without requiring the F ~ ` filing of formal proofs thereof; to hold investments in the name ~ ~ ~ of a nominee; to borrow; and to distribute in kind or in money, v~ . ~ n _ ~ or partly in each, even if shares be composed differently; however, ~ ~ ~ _3_ ~ ~ ~ anoK 3~ p~c~ ; i 1 B ~ x .