HomeMy WebLinkAbout0931 .
: ~ •
- - ~ • . _ . _ • . _
~
. . E1
i;
i?
;I ~
~ ~~Grantor shall waive the riqht retained by this Paragrapn 5~v~:i~°iri -
~
~(g) by an ins~rument in writinq, witnesse~ by two witnesses and
~delivered to the Trustee, the Trustee shall exercise the
~linvestment powers granted by Paragraph SEVENTH only with the
j"approval of the Grantor, unless in the sole opinion of the
~
~ Grantor, because of inental or physical incapacity, or otherwise.
~~is unable to act, provided that it shall not be necessary for the
~
~`Trustee to secure the approval of the Grantor to invest cash in
~ishort term obligations to be selected by the Trustee, to sell or
.
:Iredeem such obliqations, to sell or round up fractional shares,
;;to sell or exercise rights to acquire securities, to elect to
j~take dividends of regulated investment companies in cash or in
j~kind or to vote proxies. Further, notwithstanding the provisions
~?iof Paragraph SEVENTH (a) the Grantor may direct the sale of any
;i.
'lsecurity or ~securities held by the trust, and direct the purchase
-
;iof securities without the consent, joinder~or approval of the
: i Trustee.
EIGHTH ~
TERMINATION OF TRUST BASED UPON SIZE OF CORPUS
~ -
Ij
i;
i' • .
~ If any Trust herein created shall at any time fall
i'
j~below the sum of Ten Thousand Dollars ($10,000.00) in value and
~
;'if the beneficiary then entitled to receive the income therefrom
4s
shall have attained the age of eighteen (18) years, the Trt~stee
f~may forthwith assiqn, transfer, convey and pay over to such bene- `
~i
;'ficiary the entire body or corpus of fiis or her Trust Estate, ~
~ ~
~~free and discharged from the Tru~*_€~ hereof, notwithstanding
,
iti
3~ anything herein contafned to the contrary, in which event any
,
1~ _
~t
f' ~
.
~j
„
21
.
il
~
i'
~~a~
'~T=-.-_.. '~„".'4'r' _Y .
. . - - i . "~'+^+r°~i
_ ~ ' s. ~ - -
" _ _ ' ' _ . . , . . - . . . ~ Y x .