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T�� � +'� � <br />'4.'.. . � � ..y. � <br />'�1T`� ���i_c � <br />*.`_�.�. <br /> �. <br />� <br /> Sv Qn <br /> 3 , <br /> � � .. . . . . . . _ . . . . . . �� . . �. � . . <br /> 19- O � Oi 14 <br /> to the same distri6utional interest upon the surrender or the certificate as held by the <br /> deceased for the purpose of reissue to the then lawful holder or owner . <br /> DURATION CLOSURE <br /> This Trust shall continue for a period of twenty- five years from date , unless The Trustees <br /> _; ; shall unanimously determine upon an earlier date . The Trustees may at their discretion <br /> . because of threatened depreciation in values , or other good and sufficient reason neces - <br /> s "; sary to protect or conserve trust assets , liquidate the assets , distribute and close The <br /> Trust at any earlier date determined by them . The Trust shall be proportionately and in <br /> a pro rata manner distributed to the beneficiaries . In the event this instrument has <br /> been recorded with the Register of Deeds , they shall then file with said Recorder a notice <br /> r ; that the Trust shall terminate and cease ; and thereupon , The Trustees shall automatically <br /> q ; be discharged hereunder , PROVIDED , their administration and distribution have been made <br /> in accordance with the terms and provisions of THIS TRUST Indenture . Otherwise , a court <br /> of equity may be invoked to review and correct any tort or error . <br /> REtJEWAL <br /> ; ; At the expiration of this Agreement the then Trustees , if they so desire and believe that <br /> ; said Trust should not be closed , may reneto this Agreement for a like or shorter period . <br /> A resolution of said renewal shall be entered upon the minutes and also recorded in the <br /> � °' Recorder ' s Office ( in the event this Agreement has been recorded ) at least 120 days prior <br /> to the expiration hereof . Public notice shall be made in a county newspaper of general <br /> _ circulation not less than 60 days prior to the expiration hereof . <br /> ± .� <br /> � ` RESTRICTIONS <br /> � '; <br /> Nothing herein contained shall be construed to authorize The Tr•ust to issue Certificates <br /> i �' of Beneficial Interest in excess of the number herein provided , nor for a nominal value <br />� ; , at variance with the provisions hereof . <br /> PURPORT <br /> : i <br /> The purport of this instrument is to convey property to Trustees , to constitute a Trust <br /> �: ; for the benefit of the beneficiaries , held by the Trustees , in Trust and in joint tenancy <br /> _ for the duration hereof , and to provide for a pr•udent and economical administration by <br /> natural persons acting in a fiduciary capacity , to BEGItJ AT ONCE and not to be deferred <br /> until after the death of any creator , settlor or maker , as occurs when such Trust Estates <br /> >+ - are created by Last Will and T�stament , the settlors , creators or makers of this covenant <br /> 3i preferring that The Trustees act solely within their constitutional rights as ba � ed upon <br /> their common law rights and immunities vouchsafed to citizens of the U . S . and defined in <br /> Article IV , Sec . 2 , PROVIDING that "Citizens of each state shall be entitled to all priv - <br /> ileges and im�nunities of citizens in the several states , " and Article VI , Sec . 2 , PR04ID - <br /> � ING , that " No state shall make or enforce any law ti,�hich shall abridge the privileges or <br /> immunities of citizens of the U . S . " The administration of TNIS TRUST shall be amenable <br /> to judicial regulation on occasion arising and under the paternalism and protection of <br /> the court . Citations applicable and various rulings pertaining to Trust Estates and <br /> constitutional rights of contract and collective bargaining ( except co - partnership <br /> relationship , which is not applicable ) may be found in case law which is applicable . <br /> Nothing herein contained shall be construed as an intent to evade or contravene any <br /> Federal or State Law , nor to delegate to Trustees any special power belonging exclu- <br /> sively to franchise of incorporation . The intent of the Creator of THIS TRUST is to <br /> Grant to it certain real and personal properties and in so doing conveys all right , <br /> title and interest therein . By creating this Legal Entity , The Grantor-Creator of THIS ; i <br /> - TRUST has exercised h ,�Constitutional Rights . <br /> �. . '�N "•: . <br /> . <br /> � � � <br />?� � . <br />��: � <br />�._ _ <br />�:� <br />��� �� � � <br />� �� <br /> - � <br />