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443 <br />LAST WILL AND TESTAMENT <br />OF <br />ISAAC A.MCCARTY. <br />E <br />ISAAC A.MCCARTY, a resident of the City of Los Angeles, County of Los Angeles, State of Califor is <br />hereby make, publish and declare my last will and testament as follows: <br />rIRST: I direct that my funeral expenses, the expenses of my last illness and all my ;Just debts, <br />any, be paid out of the first moneys available therefor coming into the hands of my executrix. <br />OND. It is my wish that my body shall repose in the crypt which I own in a mausoleum in Inglewoc <br />emetery. <br />I give and bequeath unto my wife, Ona B.McCarty, all my household goods, furniture and fur- <br />rtain farm of approximately fourteen hundred thirty acres situated about eleven miles southwest <br />f Grand Island in thin --State of Nebraska. <br />IFTH. All the rest and residue of my estate, real, personal and mixed, and wheresoever situated, <br />fter the payment of the charges and expenses of administration, inheritance taxes and federal es- <br />ate taxes, I give, devise and bequeath unto my trustees hereinafter named for the uses and purpose <br />nd upon the trusts following, that is to say: <br />a) Said Trustees shall hold all securities coming into their hands and collect the income there - <br />rom. The United States Government bonds and municipal bonds which I may oven at the time of my deat <br />hall not be sold until the proceeds thereof shall be required for the construction of the memorial <br />hureh for which.provisions is hereinafter made. The trustees shall invest any and all moneys com <br />ng.into their hands as principal only in United States Government bonds and they shall keep the <br />unds of the trust eatate in the form of,United States Government and municipal bonds until it sha <br />ecome necessary to use the principal and proceeds as hereinafter provided. The trustees shall ha <br />e right to sell and transfer any and all personal property of the trust estate (subject to the <br />ove limitation as to the sale of bonds which I may own at the time of my death), and they shall <br />Id and manage all of the property of the trust estate, real and personal, collect the income then <br />om, and pay out of such income all taxes, insurance, costs of repair and upkeep and other proper <br />s and expenses in the care and preservation of the property and management of the trust. <br />t is.my desire that all of the land passing to the trustees for the pruposes of the trust, except <br />parcel which may be selected for the site of a memorial church as herein provided shall be so <br />ithin five years after my demise if my said wife shall not survive me, or otherwise within five <br />ears after her death, so that the proceeds may be used for the purposes herein set forth. <br />b) All of the net income from the trust estate shall be paid over to my wife, Ona B.McCarty, in <br />onthly or quarterly payments as may be most convenient. <br />�c) If no site for the memorial church for which provision is herein made shall have been selected <br />�ishings, <br />my automobile, my jewelry, and all <br />personal <br />effects. <br />relieved of the trust, any parcel of real property in said <br />FOURTH. I <br />give and devise unto my said wife <br />an estate <br />for the period of her natural life in my <br />rtain farm of approximately fourteen hundred thirty acres situated about eleven miles southwest <br />f Grand Island in thin --State of Nebraska. <br />IFTH. All the rest and residue of my estate, real, personal and mixed, and wheresoever situated, <br />fter the payment of the charges and expenses of administration, inheritance taxes and federal es- <br />ate taxes, I give, devise and bequeath unto my trustees hereinafter named for the uses and purpose <br />nd upon the trusts following, that is to say: <br />a) Said Trustees shall hold all securities coming into their hands and collect the income there - <br />rom. The United States Government bonds and municipal bonds which I may oven at the time of my deat <br />hall not be sold until the proceeds thereof shall be required for the construction of the memorial <br />hureh for which.provisions is hereinafter made. The trustees shall invest any and all moneys com <br />ng.into their hands as principal only in United States Government bonds and they shall keep the <br />unds of the trust eatate in the form of,United States Government and municipal bonds until it sha <br />ecome necessary to use the principal and proceeds as hereinafter provided. The trustees shall ha <br />e right to sell and transfer any and all personal property of the trust estate (subject to the <br />ove limitation as to the sale of bonds which I may own at the time of my death), and they shall <br />Id and manage all of the property of the trust estate, real and personal, collect the income then <br />om, and pay out of such income all taxes, insurance, costs of repair and upkeep and other proper <br />s and expenses in the care and preservation of the property and management of the trust. <br />t is.my desire that all of the land passing to the trustees for the pruposes of the trust, except <br />parcel which may be selected for the site of a memorial church as herein provided shall be so <br />ithin five years after my demise if my said wife shall not survive me, or otherwise within five <br />ears after her death, so that the proceeds may be used for the purposes herein set forth. <br />b) All of the net income from the trust estate shall be paid over to my wife, Ona B.McCarty, in <br />onthly or quarterly payments as may be most convenient. <br />�c) If no site for the memorial church for which provision is herein made shall have been selected <br />nt therefor shall be made out of the principal of the trust estate. The judgment and disere- <br />ion of my said wife in the selection of such site shall be final and controlling, it being my wish <br />owever, that if any site can be obtained on West Adams Street between Figueroa Street and Tenth <br />venue as above provided, her selection shall be made accordingly; otherwise, between Figueroa <br />treet and Tenth Avenue as near West Adams Street as may be feasible. <br />(d) When the death of my said wife shall occur the surviving trustee shall make payment of and dis. <br />tribute bequests which I make as follows: <br />I <br />y me during my lifetime, my said wife shall have the right and power to select and <br />set apart from <br />he trust estate, wholly <br />relieved of the trust, any parcel of real property in said <br />city of Los <br />Angeles which I may own <br />at the time of my death, and which-shall be situated on West <br />Adams Street <br />etween Figueroa Street <br />and Tenth Avenue, as a site for said memorial church; or, at <br />her election, <br />site for said memorial <br />church may be selected by my said wife and if she shall make <br />such selectio <br />nt therefor shall be made out of the principal of the trust estate. The judgment and disere- <br />ion of my said wife in the selection of such site shall be final and controlling, it being my wish <br />owever, that if any site can be obtained on West Adams Street between Figueroa Street and Tenth <br />venue as above provided, her selection shall be made accordingly; otherwise, between Figueroa <br />treet and Tenth Avenue as near West Adams Street as may be feasible. <br />(d) When the death of my said wife shall occur the surviving trustee shall make payment of and dis. <br />tribute bequests which I make as follows: <br />I <br />