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<br /> TRUST[E5 ' MEETIP�GS
<br /> By a regular act of the Trustees Ehey may provide for meetings at stated intervals
<br /> without notice and special meetings may be called at any time by tvic or more 7rustees
<br /> upon three rlays ' viritten notice , which may be waived . �;t any rQgular or special meeting
<br /> a AtAJORITY of the Trustees shall constitute a yuorum for conducting busine � s , PROU?DED ,
<br /> affirmative action may only be had upc�n a ��'+JORITY vote nf the Trustees , wnether present
<br /> or absent , except that at special meetings called for special purpose the MHJOP.ITY
<br /> ' present may affii�matively act in emergency matters .
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<br /> P041ER5 OF TRUSTLES
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<br /> ' " 7rustees may do anything any individual may lugally do in any state flr couniry , subject
<br /> to the restrictions herein noted . They shall continue in business , canserve the property ,
<br /> � commercia7ize the resources , extend any established line or' business in industry or in -
<br /> vestment , as herein specially noted , at their discretion for th� ben�fii of iNIS TRUST ,
<br /> such as viz: buy , sell or lease land for the surface or minerai rights ; buy or sell mort-
<br /> qages , securities , bonds , notes , leases of all k:inds , contracts or credits of any form ,
<br /> patenis , trademarks , or copyrights ; buy, sell or conduct mail -order business , or branches
<br /> th�reo` ; nperate stores , shops , factories , warehouses or other trading establishments or
<br /> places or" business of any kind; construct , buy , sell , lease or rent suitable buildings or
<br /> 3 other places af t�usiness ; advertise diTfierent articles or business projecis ; borrova money
<br /> for an�� business project , pledging the Trust property for i:he payment tharecf ; hypathecate
<br /> ` assets , property , or both , of The Trusi in business nrejects ; nvm stoc►: in , nr entire
<br /> charters of corporztions , or other sucn properties , companies , or associations as they
<br /> n�av deem advantzoenus _
<br /> F hiinute of Resolutinns or The Board or` ?rustees authorizing what i � is tney dFtermine to
<br /> dc or have done shall b> evidence that such an act is vrithin their pov��r . �;nyone lendinq
<br /> or paying money to The Trustees shall not be obliaed �o see the application ihereof ; ali
<br /> `unds naid into tne treasury are and become a part of r.he CORPUS Or ;NTS TRUST .
<br /> ADhiiPJISTP.A?I �N
<br /> ihe Truste2s sh�ll reaare ;.his instrument as their su�ricient guide , supni �mented �r�m
<br /> � iime to time by their resolutions ( said resoiution tfl be r� ti � ied AL41.�;Y5 bt� a P1NJOP, ITY
<br /> "� � - C)'� i�l> Trustees �h9f1 l il DTf i CE dTld Gdt"i.l Cl ABT � fi9 1 T7 lh? l SSUI flQ meeti ng ) COveri ng COfI -
<br /> " tingencies as they arise and are recortied in the minutes of �heir meeiings , v�hich ar=
<br /> the by- lavrs , ruies and regulations of �HIS TRUS? .
<br /> ;I�FICcRS AN[� htANN6EM��T
<br /> The 7rustees may in thnir discretion elect among their number a Presider� t . Secretary and
<br /> 7reasurer , or any other DTTicers they may deem expedient for preper func; iDning . riny
<br /> ,; ?rustee ma;� hold twe , �r more , orrices simultaneo�sly , their du �ies t�eine such as are
<br /> usual nr are prescribed . They may employ ayents , executives , or �ther �mployees , or
<br /> designata third persons to hold funds f�r specific purposes .
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