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equity, and no beneficiary hereunder shall have any power to
sell, assign, transfer, encumber or in any other manner antici-
pate or dispose of his or her interest in the trust estate or the
income produced thereby.
ARTZCLE VIII
The Trustee hereunder sha11 have the following no~vers
and authority in respect of all property embraced within every
trust estate herein provided, viz:
To take possession of the trust property, and to
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; collect and receive the moneys, interests, profits and income
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arising therefrom, with full power in the Trustee to manage,
~ invest and reinvest the same and all such trust estate in any
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~ kind of property, personal and real, including by way of illus-
~ tration: Bonds, interest in any amount in common trust funds ~
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~ maintained by the Trustee, stocks of any class, mortgages and
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~ other investments and property as in the discretion of the l
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~ Trustee may seem most advantageous to such trust estate and the ;
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~ beneficiaries thereof, not being limited by any then existing '
.laws relating to investments of trust funds; to vote, in person
~ or by proxy with respect to any and al.l se~urities; (inclu~ing
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r "short" sales) and including puts, calls, straddles and other
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~ options of every kind, on margin, and for such purpose as may
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~ maintain and operate margin accounts with brokers, and may pledge
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~ any securities held or purchased by them with such brokers as
BOOK 67~ PACf
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