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<br />under, as long as in their discretion they may deem it advisable or expedient.
<br />2. To manage, control, sell, convey, exchange, partition, divide, subdivide, improve or repair
<br />any or all property of the trust estate.
<br />�.. To lease the trust estate, or any part thereof for terms within or extending beyond the
<br />duration of this trust, and to grant for like terms. the right to mine or drill for and remove
<br />therefrom gas, oil or other minerals; to create restrictions, easements or other servitudes
<br />ther -on.
<br />George Tuttle Wilson
<br />4. To allot, partition and distribute and trust estate at such valuations and according to
<br />such method or procedure as the Trustees may determine upon whenever such act shall be required
<br />or advisable, and to do so in kind or partly in kind and partly in rmney, according to its valua-
<br />tion thereof; upon termination of this trust and in aid of and incidental to distribution hereunder,
<br />forthwith to sell such property as in the Trustees' discretion may be necessary in order to make
<br />or equalize distributions.
<br />5. To determine, in their discretion, what is principal of the trust estate, gross income or
<br />net distributable income therefrom; except that all bonuses, royalties and recoveries from mines,
<br />gas or oil leases or wells, all stock dividends and proceeds of sale of stock rights and all cash
<br />dividends and proceeds of sale of stock rights and all cash dividends (other than liquidating
<br />dividends stated in writing to be such by the corporation paying the same or proved to the satis-
<br />faction of the Trustees to be such by the corporation paying the same or proved to the satisfaction
<br />of the Trustees to be such prior to its disbursement thereof) shall go to income, and all gain or
<br />loss which shall result from payment, retirement or sale of stocks, notes,bonds or other securities
<br />or on foreclosure or other realization upon mortgages and trust deeds, shall inure to or fall upon
<br />principal of the trust estate. The net income from real pr-op:er'ty acquired by the Trustees on, or
<br />by acceptance of conveyance in lieu of, foreclosure sha11 go to income of the trust estate. Brokers'
<br />or other commissions and expenses on purchase or sale of trust property shall be charged against
<br />principal.
<br />6. To have respecting bonds, shares of stock and other securities all the rights, powers and
<br />privileges of an owner, including, though without limiting the foregoing, voting, giving of proxies,
<br />payment of calls, assessments and other sums deemed by the Trustees expedient for the protection
<br />of the interests of the trust estate, participating in voting trusts, pooling agreements, assenting
<br />to corporate sales,,
<br />George Tuttle Wilson 9.
<br />leases and encumbrances, regardless of limitations, if any, elsewhere in this instrument relative
<br />to investments by the Trustees, selling or exercising stock subscription or conversion rights, par -
<br />t1aipating in foreclosures, reorganizations, consolidations, mergers and liquidations; and in con-
<br />nection with any such proceedingp,_.to deposit securities with any protective or other committee
<br />under such terms respecting the de?Dosit thereof as the Trustees may approve.
<br />(f) Until the Trustees shall receive from some person interested in this trust written notice of
<br />any death, birth, marriage or other event upon which the right to Inc ^me or principal of the trust
<br />estate may depend, the Trustees shall not be liable to any person for disbursements made in good
<br />faith to versons whose interests shall have been affected by such event.
<br />(g) The Trustees may make payments of any income or principal payable to or applicable to the
<br />use of any minor beneficiary by making such payments either to the parent or guardian of the per-
<br />son of such minor or directly to such minor.
<br />(h) The Trustees shall pay out of the principal and /or gross income of the trust estate, as in
<br />the exercise of their discretion they may deem advisable or equitable, all propFerty and /or income
<br />taxes, general and special assessments, and all costs, charges, attorney's fees, expenses and lia-
<br />bilities of every kind expended or incurred in the collection, care, holding, administration, pro-
<br />tection or distribution of the trust estate, for the payment of which the trust estate of the TrusteeE
<br />may become chargeable, including the protection of this trust and its defense against legal attacK,
<br />and also including a compensation for the Trustees' services as herein provided.
<br />TE14TH: Each beneficiary of any trust hereunder is hereby prohibited from anticipating, encum-
<br />bering, assigning or in any other manner alienating his or her interest in either principal or in-
<br />come, and. is without power so to do, nor shall such interest be subject to his or her liabilities
<br />or obligations, nor to attachment, execution or other legal process, bankruptcy proceedings or
<br />claims of creditors or others. The Trustees may, however,deposit in any bank designated by a bene-
<br />ficiary, to
<br />George Tuttle Wilson 10.
<br />his or her credit, income and /or principal payable to such beneficiary.
<br />ELEVENTH: I have, except as otherwise in this Will specified, intentionally and with full
<br />knowledge omitted to provide for my heirs living at the time of my decease:.
<br />TWELFTH: If any devisee, legatee or beneficiary, or any other person who would be entitled to
<br />share in my estate through intestate succession, shall in any manner whatsoever, directly or in-
<br />directly contest this Will or attack, oppose or in any manner seek to impair or invalidate any
<br />hereof, or shall in any manner whatsoever conspire or cooperate with any person or persons
<br />provision
<br />attempting to do any of the acts or things aforesaid., or shall acquiesce in or fail to oppose such
<br />proceedings, then in e ch of the above mentioned cases, I hereby bequeath to such person or persons
<br />the sum of One Dollar N1.00) only, and all other bequests, devises and interests in this Will
<br />given'to such person or persons shall be forfeited and shall be distributed pro rata among such of
<br />my devisees, legatees and beneficiaries as shall not in any manner have participated in, and as
<br />shall have opposed such acts or proceedings. If all my devisees, legatees and beneficiaries shall
<br />participate in or fail to oppose such proceedings, I give, devise and bequeath the whole of my
<br />estate to my heirs -at -law, according to the laws of succession of the State of California then in
<br />force, excluding all contestants and said devisees, legatees and beneficiaries and their successors
<br />in interest.
<br />THIRTEENTH: In the event that any provision or provisions of this Will is or are adjudged to
<br />be for any reason unenforceable, I direct tha.t,disregarding such, the remaining provisions hereof
<br />shall subsist and be carried into eff e-ct.
<br />George Tuttle Wilson. 11.
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