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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
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89100534
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fr <br />8= 100534 <br />herein. Authority is understood and meant to be similar to that awarded them heroin. Authority <br />is undentood and meant to be similar to that awarded a Board of Directors in a State chattered <br />corporation; wherein the Board operates for the sole interest of, the Stoclt. holders. <br />30. A TRUSTEE may be. removed by a majority vote of the other trustees. if he discloses Trust <br />affairs without permission of the majority of the Trustees. <br />31. IN THE EVENT of a subpena or summons, the Trustees will.,agree to disclose information <br />about Trust business only upon a majority vote of the entire 13itrird 41 3'i'rustees. <br />s 32. THIS PURE TRUST ORGANIZATION is a privileged contr=tual communication protected by <br />the United States Constitution and'the common law right of contract. <br />33. THERE IS NO GROUND for grouping the -- trustees and trust certificate holders -- together. <br />in order to turn them into an association. <br />34, THIS CONTRACT AND DECLARATION OF TRUST is not intended to create and shall not <br />be interpreted as creating an association, partnership or joint venture of any kind. <br />35. THE TRUSTEES shall have the power to construe this contract in accordance and in harmony ; <br />with provisions contained herein and that their constructions shall be final and condusive. <br />36. THIS COWON. LAW TRUST is created as a True Trust and does not depend upon statutory <br />laws for its validity; however, the trustees may by their elfectiom upon a majority vote <br />incorporate all or any part of the "Uniform Trustees' Powers Act ", Wyoming Revised Statutes <br />4-8 -101 to-4-8-110 (1977), provided said statute does not violate the common law and <br />• provided farther that' .the statute may only be used in harmony with the common law and as <br />authority tp.prove the common law duties and powers of the herein named trustees. <br />37. FURTHER. -THE TRUSTEES may incorporate by referet.- a setfonh in this Trust Organization <br />` minutes, any statute under the "Uniform Fiduciaries Act ", Title 4, Chapters 1 through 4 of <br />�» the Wyoming Statutes (1977), provided such incorporation does not effect the common law <br />rights and duties of any parties to this Trust Organization. <br />r• <br />t 1 <br />1� <br />
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