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89100534
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Last modified
10/19/2011 4:55:52 PM
Creation date
10/20/2005 9:14:13 PM
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DEEDS
Inst Number
89100534
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r <br />J <br />1 <br />0 <br />89-- 100534 <br />called for a special purpose the majority present may affirmatively act in emergency matters. <br />11. TRUSTEES' POWERS shall be construed -as general common -law powers of citzens of -the <br />United States of America to do anything any citizen may do in any state or country. They, shall. <br />but not be limited to, continue in business. conserve the property, commercialize the rr;c. izaces, <br />extend any established line of business im industry or investment, as herein specially noted, at <br />their discretion for the benefit of this Pure Trust Orga eitzation such as viz: buy, sell or lease land <br />for surface or. mineral rights; buy or sell mortgages, securities, bonds, notes, leases of all kinds. <br />contracts or credits of any form, patents, trade -marks or copyrights; buy, sell, or conduct mail- <br />.. <br />order business, or branches thereof; operate stores, shops, factories, warehouses, or other <br />trading establishments or places of business of any kind; allocate funds derived from any .source <br />for "du6ty, religion, ednt don, research, accumulating, or other purposes, whether for <br />immediate or future application to be managed by specified Trustees, or others, as designated by <br />the Tntstees tnt'nutes; construct, buy, sell, lease or rent any type of real property, improved or <br />unimproved. advertise different articles or business projects; borrow money for any PC *--t. <br />pk*94 .the Trust Organization property for the payment thereof; hypothecate assets. <br />property, or b.A; own stock in, oat • entire charters' of orpotations, dr other properties. <br />companies or associations as they may deem advantageous, prosecute or defend actions, claims <br />or proceedings for the protection of trust assets and of the Trustees in the j *&-ormance of their <br />duties. <br />�Fj Ty - <br />. r <br />12. RESOLUTIONS of the Board of Trustees authorizing a special: thing to be done shall be <br />evidence that such act is wid3an its-perwer. Anyone lending or paying money to the Board of <br />Trustees shalt ndt.be obliged to see the application thereof. Xf ftmds paid into the Treasury are <br />to become a pati of the corpus of the Trust Organization. <br />13. THE TRUST ORGAN /ZATION shall have auth6rEty to provide itself with operation funds <br />through commercial loans. directly secured by assets or income of the Trust Organization. ( , <br />14. THE TRUSTEES AND SUCCESSOR TRUSTEES shall serve without fidelity bonds. <br />15. THE TRUSTEES shall regard this instrument as their sufficient guide. supplemented from time <br />;- <br />
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