Laserfiche WebLink
6 <br />71111 AVOID DBUIM-03 2MUDI <br />Island, Hall County, Nebraska, and direct that said premises shall be held by my executor, IIi <br />I' <br />''hereinafter named, who shall act as trustee, and in the event that my sister, Nellie O.Rice, <br />hdesires to sell said premises, said executor and trustee is hereby authorized and empowered <br />to sell and convey the same and thereupon shall, as my sister directs, purchase securities <br />I <br />with the proceeds or purchase another home for her use; and upon her death I give, devise, and <br />'bequeath my eight- ninths interest in and to said premises, or the proceeds therefrom, or such <br />?other premises as may have been purchased by the trustee with said proceeds, to my brothers, <br />r <br />;'John D.Rice and David A.Rice, in equal shares; the children of any or both deceased brothers <br />r <br />shall take by right of representation. <br />�It is understood by and between my sister and myself that she, the said Nellie O.Rice, now has; <br />'an undivided one -ninth interest in and to said premises by reason of money she advanced when <br />said premises were purchased. <br />SIXTH. <br />I give, devise, and bequeath unto Joseph Buchfinck, hereinafter named executor and trustee, 1 <br />all of the rest, residue, and remainder of my estate, both real and personal, in trust, for <br />N <br />the following uses and purposes, that is to say: I authorize and empower him to convert into <br />0 <br />59 <br />cash or interest- bearing securities all real and personal property (except my home where I now,p <br />W <br />` ,,reside) owned by me at my death, by either public or private sale as he may deem best, to the <br />.,end and for the purpose of investing the same in interest- bearing securities, with full power <br />0 <br />CD <br />!';and authority to sell or exchange such securities from time to time as he may deem wise and <br />ii <br />!'prudent, and I hereby authorize and empower said Joseph Buchfinck, Executor and Trustee, or <br />such other trustee as may be named by the court as hereinafter provided, to convey any and all <br />I! <br />+I <br />.'real estate which I may own at my death, and out of the interest, income, and proceeds from <br />I <br />said property, real and personal, said trustee shall pay the expenses of this trust, including; <br />the cost of any surety bond or bonds that may be required of him, and to retain as his compere- <br />sation therefor one per cent-am of all moneys collected or received and to pay over to my siste <br />Nellie O.Rice, all of the rest, and residue of the interest, earnings and income from such <br />investments from time to time as they shall be received. <br />i <br />t <br />And upon her death to pay over to the treasurer of the state of Nebraska the principal invest -j <br />went, as it shall mature or be paid to him, with all interest accruing after her decease, with; <br />i <br />the option, if he so desire, to assign, transfer, and deliver to the said treasurer all the <br />ii <br />notes, bonds, or other evidences of indebtedness so held in trust by him, such moneys or <br />securities so paid or delivered to such treasurer to be and become a part of the permanent <br />school fund of this state, to be held, controlled, and managed as other permanent school funds'' <br />are now or may then be controlled by law, for the support and maintenance of the public school <br />of this state. <br />SEVENTH. <br />I hereby nominate and appoint my friend, Joseph Buchfinck, to be my sole executor andtrustee <br />�! <br />to perform the conditions of the aforesaid last will and testament, and in the event said Jose�h <br />E <br />Buchfinck shall decline to execute the trust hereby created or shall die or resign before said] <br />1' <br />trust shall be fully executed, then I authorize the county judge of Hall County, Nebraska, the <br />in office to select and appoint a successor in trust, who shall be vested with all the power <br />and authority herein, and hereby delegated to said Joseph Buchfinck and who shall discharge th� <br />r <br />j duties and receive the compensation herein provided for. <br />EIGHTH. <br />!, I hereby revoke and annul all former wills by me made, and I hereby publish and declare that <br />'i <br />I the above and foregoing, consisting of three sheets, typewritten on one side only and on the <br />!� <br />margin of which sheets whereof I have affixed my signature, to be my last will and testament. <br />