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l~st to survive of my children, and in case any provision of
this Will shall be illegal or con~rary to law, it shall be deemed
as void and not written herein and such invalidity shall not
affect the other remaining provisions hereof.
J~
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Q ITEM ~I.
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~ In exercising the discretion granted to him to
inv~de principal of tne Trust created by this Will for the benefit
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m o£ income beneficiaries thereof, my Trustee is dzrected to e;cercise
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his discretion in a liberal manner and to be guided by the reasonable ~
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needs of the income beneficiaries ratlier than any ~oncern as ~
to conservation of the principal for the benefit of remaindermen.
ITEM XIT.
In addition to the powers given to them by law,
my Executor and/or Trustee and/or their successQrs are expressly -
authorized and empowered in their discretion~ with respect to
all property of every kind an~ nature held at the time of my
death or subsequently acquired, including property over which
they have a power in Trust, without limitation by reason of specification,
as follows:
(a) To xetain any prop~rty of my estate, ~
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or an~~ undivided interest therein, including any residence I -
may own, regardless of whether authorized by law for investment -
by Executors or Truste~s and regardless of any lack of diversification,
;
risk or non-productivity;
(b) Ta invest and reinvest my Estate or
the Trust Estate in any property or undivided interest therein,
wherever located, including boads,.notes, mortgages, stocks
of corporations, investment Trust, common Trust Funds, real estate
or any interest therein, whether praductive or not at the time
of investment, in such proportion as they shall deem advisable~
without being limited to any statute or Rule of Law concerning
This is PagP Nine ( 9) of my
• Last FI' 11 and Testament.
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