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017-356
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7/16/2017 10:51:44 PM
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7/22/2014 2:21:18 PM
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Will_And_Decree
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017-356
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ihe balance of the net income shall be paid to such minor r�en he <br /> reaches the a�e of twenty-one years or to the executors or a dmin- <br /> istrators of such minor if he dies before reaching the age of <br /> twer_ty-one years. <br /> ITEM X. <br /> I nominate and ap painr my brether, Lewis C,Emery, to be the <br /> trustee provided for in Item VIII, In the event my brother, Lewis C. <br /> Emery, predeceases me, or is unable or refuses to serve as trustee, <br /> above provided, I then nominate and appoint my brother, William Jereme <br /> �,'me�y to be the trustee of this �r�� lsst will ar�d testament unless and <br /> �a.ntil my �on has attained hi.s �wenty-f�rst birthday and is devoting ail <br /> �is tzme ar_d effortR to the crerstion of our family business, in wnich <br /> r;a.se I nominate and fl'r)1701711; t_`1e son so Gualif.ying tobe the contingent <br /> co-trustee, witr Lewis C�E:nery, of this my last will and testanent fo.r <br /> five years at whicri time sai.d sen shall assume tne full responsibility <br /> of' being continger_t trustee. <br /> I iE�i XI. <br /> I ha.ve established the trt�st set out in Item VIII of this will <br /> f'or the following purpose�, �ich I direct my trustees to consider <br /> tr,eir �uide in the mana�ement of said trust; <br /> lo To continue the operation of said business as long as he <br /> thinks best for the preservation of my estate. <br /> 2o If at any time trustee feels that it is for the best interests <br /> of my estate to liquidat� the saici business, he shall have full power <br /> to sell such business and to invest and reinvest the proceeds thereof <br /> and any profit of such business. <br /> ,3o I declare this trust shall not impose a� y legal obligation <br /> on my said wife, and that she shall not be liable to account for or <br /> in respect of an y income so paid or received by her. <br /> 4a In the event the income from said trust is not aufficient <br /> fcr the proper support, maintenance and e ducation of m y beneficiaries <br /> as set out in Item VIII� I further empower my trustee or trustees to <br /> liquidate as much of the corpus of said trust as is necessary for the <br /> maintenance of my wife and the maintenance �d education of my children. <br /> 5m In the event my beloved wife dies or predeceases me, I direct <br /> my trustee or trustees to pay to my mother-in-law, Mrs , Myrtle Winkler <br /> of Grand Island, Nebraska, the income of the sai d trust £und, which <br /> was payable to_my wife, for the purpose of maintainin� and educatin� <br /> my children and maintainin� herself, until my youn�est child is <br /> twenty-one (21 ) years of ag� <br /> Don Hatch <br /> Rolland J, Kel�y Josegh A, Emery <br /> �1'.'�es a or <br /> � <br />
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