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?..: ri- 1 89- 100534 to time by resolutions of their Board covering contingendes as they arise and recorded in the u minutes of their meetings, or by the by -laws, rules or regulations, as deemed expedient and consistent with the orderly conduct of business. 16. THE TRUSTEES may in their discretion elect among their number a Managing Director, Manager, Secretary, and Treasurer, or any other officers they may deem expedient for proper functioning. Any Trustee may hold two. or more offices simultaneously, their duties being such as prescribed. They may employ agents, executives, other employees or designate third persons to hold funds for specific purposes. 17. THE TRUSTEES shall fix and pay compermadea of aU officers. employees or agents in their discretion, and may pay themselves such reasgir4 le. i umpensation for their services as may be *—m-m ned by the gnarl of Trggwec. , end,'; si companca -an- ah- 11 Co ►cti um . - -d— TWate. consideration to compel performance under :.ifiis contract. 18. THE TRUSTEES shall not enjoy any limited liability; however, they may in the capadty.4 Trustees and not individually, assume only such liability as may attach to said Trust Organizadba property assets. This Trustee llability shad rwt in any manner jeopardize their individud .or personal holding and for any losses they dlujdd -; er for any reason through services, they shall be reimbursed from the Trust Organization property to the same extent as would non - interested persons. 19. NOTICE is hereby given to all persons, companies or corporations extending credit to, contrasting with,. or having claims against this Trust,Organization or the Trustees hereof, that they must look, only to the funds and prn etty.,of the. Trust Organization for:payments or�for settlement of'any debt, tort, damage, judgemx ht: or dectee,'or for any indebtedness which may become payable hereunder; that the Trnus.�- oMvtis or agents are not to be construed as employees ., but are merely acting in a fiduciary capadty and are not personally liable when dealing with the Trust Organization, its properties or matters. L20. IT 1S EXPRESSLY DECLARED that a True or Pure Trust Organization, and not a partnership, is hereby created as a legal separate entity, that neither the Trustee(s), as individuals, officers, or certificate holders, present or future, have or possess any beneficial interest in the property or i -4- 1 z; -4. t -4- 1