|
2 1,1
<br />N � •� � G Cr, L lJ � � l� /��
<br />in cash in full satisfaction and discharge of any claims which she might have in and to my
<br />estate and that she would make no claim of any kind against my estate. I hereby ratify,approve
<br />and confirm the said antenuptial agreement and order and direct that there be paid to my_-
<br />said wife,MARY GAHAN KEARNEY the said sum of SIX THOUSAND (6,000) DOLLARS,the same to be re-
<br />ceived by her in full satisfaction of any and all claims against my estate,whether by way
<br />of dower,homestead,widow's award,widow's thirds,rights of inheritance,or otherwise.
<br />(7):All the rest,redisude and remainder of my estate of whatsoever kind or character of which
<br />at the time of my death I may be seized or posse.ssed,or in which at said time I may have
<br />any interest whatsoever. I give,devise and bequeath unto the IONTINENTAL AND COMMERCIAL TRUST
<br />AND SAVINGS BANK of Chicago,Illinois,as Trustee,to be used,held and owned by the said Trustee
<br />and the income therefrom disbursed by the said Trustee in the manner hereinafter set forth.
<br />(8) :Said Trustee shall have full power to sell, convey, pledge ,mortgage,partition,convert and
<br />dispose of any of said trust estate whenever it shall deem it expedient or necessary so to
<br />do or for the purpose of making any set -ulement or division thereof or payment therefrom. Said
<br />Trustee shall hold,manage,lease,care for and protect said estate and collect the income there-
<br />from in accordance with its best judgment and discretion.It may retain as a portion of the
<br />said estate any investments made by me in my lifetime,and is authorized to invest such part
<br />of the trust estate as may be converted into cash from time to time in bonds,mortgages or
<br />other income- producing property or secutiry,real or personal,either within or without the
<br />State of Illinois,having as wide a latitude
<br />PAGE TWO
<br />WILLIAM KEARNEY (SEAL)
<br />in'thp selection of s=h investments as I,myself,would have if living.Its power to sell,
<br />assign ,00nvey,mortgage or pledge any or all of said properties and estate or any_reinvest-
<br />ment thereof is not limited as to time and may be for such purposes and upon terms as it
<br />may see. fit,whether for the purpose of reinvestment or in order to carry out any provisions
<br />of the trust created by this instrument. No purchaser or purdhasers from said Trustee shall be
<br />obliged to see to the application of the purchase money paid to said Trustee. I direot that if
<br />any stocks,bonds or other securities are retained or purchased by said Trustee at a premium
<br />above their par value,the said Trustee may,if it see fit so to do,regard khe whole of the
<br />interest or dividends received on such securities as income or ma* amortize the same and
<br />credit part of the income to proncipal and part to income account and generally,I give to
<br />said Trustee full power to determine what expense:,commissions or charges shall be charged to
<br />income and what to principal,and what dividends,interest or property shall be deemed capital
<br />and what income. Said Trustee is given power and authority to compound and settle any
<br />claims either in favor of or against said estate upon such terms as shall seem proper to it an
<br />to execute and deliver all necessary and proper conveyances ,assignments,transfers,receipts
<br />and discharges in all matters relating to said estate. In case of any sale of any property
<br />or assets of said estate,said Trustee is given and granted power and authority in acting here-
<br />under as such Trustee,or as Executor,or both,to make and execute any and all necessary deeds,
<br />conveyances and assignments,either with or without covenants or warranty,and in case of any
<br />settlement or partitiion of said estate,to make any division,distribution or partitiion of sal
<br />estate in securities,properties or cash,as said Trustee may deem necessary and proper.
<br />(9) :Said Trustee is given power and authority to vote in any manner by it deemed proper any
<br />stock which it may hold as such Trustee,
<br />PAGE THREE
<br />William Kearney (SEAL)
<br />EITHER IN PERSON OR BY PROXY,AND IS AUTHORIZED TO execute and deliver any such proxy or
<br />proxies for stock of any corporation held in trust hereunder.in voting such stock,said Trustee
<br />
|