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and the receipt of the Trustee to any such insurance company
shall be effectual to release and discharge it for any payment so
made and shall be binding upon every beneficiary of the trusts
hereby created. .
ARTICLE IV
Upon the death of the Grantor, the Trustee shall hold,
administer and dispose of the trust property and estate (together
with any undistributed income and any accrueci income not received
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k at Grantor's death) as follows:
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! A. MARITAL SHARE: If Grantor's wife, ROSE B. DAVIDSON,
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F shall survive the Grantor, the Trustee, with powers hereinafter
€ set forth (excluding only those powers expressly excepted or
~ which if conferred upon the Trustee by this Article would deprive
~ the estate or the Gran~or of the full benefit of the marital
~ deduction), shall assign and distribute outright to ROSE B.
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DAVIDS0:1 a marital share (undiminished by any estate, succession,
legacy, or inheritance taxes) of cash, securities, or other
~ property of the trust estate (including property which may be
added thereto by devise, bequest or any other means) 'I~ao Hundred
Fifty Thousand Dollars ($250,000) or an amounC equal to fifty
gercent (SO%) of the value of the adjusted gross estate of the
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: Grantor as finally determined for federal estate tax purposes,
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£ whichever is the greater, provided, however, that in no event
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~ shall such amount be greater than the amount required to reduce
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the federal estate tax on Grantor's estate to zero, less the
~ 'b- BOOK 67~ PA~?
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