HomeMy WebLinkAbout2315 ~ ~ ~I
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of the nominee without restriction; to vote in person or by
general or limited proxy, or refrain from voting, any corporate
securities for any purpose, except that a ny security as to which
the trustee's pQSSession of voting discretion would subject the
issuing company or the trustee to any law, rule or regulation
adversely affecting either the company or the trustee's ability
to retain or vote company securities, shal 1 be voted as directed
by the beneficiaries then entitled to receive or have the benefit
of the income from the trust; to lease ~for any period of time
though commencing in the future or extending beyond the term of
the trust), sell, exchange, mortgage or pledge any or all of the
' trust property, and to sell put and covered call options, as the
trustee deems proper; to borrow from any lender; to emplQy
agents, attorneys and proxies; to compromise, contest, prosecute
or abandon claims; to distribute income and principal in cash or
in kind, or partly in each, to allocate or distribute undivided
interests or different assets or disproportionate interests in
assets (and no adjustment shall be made to compensate for a
disproportionate allocation of unrealized gain for federal income
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f tax purposes and to value the trust property and to sell any
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~ part or all thereof in order to make allocation or distribution,
~ and no action taken by the trustee pursuant to this power shall
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~ be subject to question by any benef iciary; to elect the mode of
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distribution of the proceeds under any employee benefit plan,
individual retirement plan or insurance contract, without
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: adjustment in the interests of the beneficiaries; to collect life
~ insurance proceeds payable payable to the trustee (after
~ deducting all loans and other charges) and to release the
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~ insurance company, but the trustee need not enter into litigation
to enforce payment on a po~lcy until indemnified to its
satisfaction; to deal with, purchase assets from, or mak~ loans
€ to, the fiduciary of any trust made by me or any member of my
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y WILLIAM W. AAIGHT
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[ LAW OPPICES OP HA$VIN Bc GEABY ~
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~ `1 A PARTNERSHIP OF P. A.s
STUI?RT, FLORI~A ,
s saoM 67~ ~~f2~i5
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