HomeMy WebLinkAbout0925 : .
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corporate fiduciary) in accordance with the Trustee's ~udgment
not beinq limited by any present or future investment laws,
i provided that if any amount of the trust property shall be or
become unproductiv~ c: +r,~~:~~; }~:e Tr~±s*_ee shA> > r•l~thin a
reasonable time either convert such property to income producing
~~property or compensate the income beneficiary out of the princi-
~~pal of the trust;
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(3) sell real or personal property, or both,
~~either for cash or part ca~eh and part deferred payments and at
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~ public ar private sale; ~
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j (4) vote in person or by proxy with respect ~
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~~to any and all securities; and
(5) retain all property in the form in wnich
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~~+the same shall be received or acquired by the Trustee without
~'liabflity for any loss that may be incurred thereby, and without i
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~ ~~regard to the proportion that any one asset or class of assets
;~may bear to the whole.
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(6~ to buy, se11 and trade in securities of
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•~;any nature, including short sales, on margin, and for such
4fpurposes may maintain and operate margin accounts with brokers,
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:;and may pledge any securities held or purchased by them with such
f;brokers as security for loans and advances made to the trustee.
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(b) Powers with respect to the manacrement of
( j property .
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i~ The Trustee, with respect to any trust, shall
`~have the power to: .
(1) determine and participate in any
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business form in which to conduct the Grantor's
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