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<br />200206770
<br />_3.
<br />4. At the death of any of said son's children
<br />without leaving issue surviving, then that child's trust remain,....
<br />ing shall be divided equally among and added to the trusts of
<br />the other said children then surviving, said addition shall
<br />be disposed of in all respects the same as the trust, or trusts
<br />to which so added.
<br />VIII
<br />In no event shall any trust or share thereof continue
<br />to be held in trust after the twenty first anniversary of the
<br />:death of the last survivor of a group consisting of my said wife,
<br />,my said son and his decendants living at the time of my death.
<br />- At the expiration of twenty one years from the date of death of
<br />the last survivor of said croup, all trusts and shares shall
<br />immediately terminate and shall be distributed outright to their
<br />respective beneficiaries.
<br />IX,
<br />With respect to any and all .trusts and shares at any
<br />time existing hereunder, including vested shares withheld from
<br />distribution, and subject only to the limitations heretofore
<br />expressly set forth herein, the Trustee shall have the following
<br />powers in addition to those vested in it else where in this
<br />instrument or by law:
<br />- - - -A. To retain as an investment, without liability
<br />by reason of such retention, all securities and other property "
<br />owned by me during my lifetime, or in its discretion to dispose-
<br />.. of all or any thereof and in that event toinvest, reinvest, and
<br />keep invested the proceeds in such common and preferred stocks,
<br />debentures, bonds, and other securities and property, including
<br />interests in real estate, as the Trustee shall deem for the best
<br />interests of the trust, without being limited to legal investments
<br />for trustees.
<br />B. To manage , - sell, contract to sell, grant options
<br />to purchase, convey, exchange, transfer, abandon, improve,
<br />repair, insure, lease for any tern even though commencing in
<br />the future or extending beyond tine term of the trust, and
<br />otherwise to deal with all property, real or personal, in such
<br />manner, for such considerations and on such terms and conditions
<br />as the trustee shall decide, and all without order or license
<br />of any court being required.
<br />C. To compromise, contest, arbitrate or abandon
<br />claims, demands and rights, all in its dia^- etion.
<br />D. To have with respect to the trust property all
<br />rights of an individual owner, including the power to give
<br />proxies, the participate in voting 'trusts, mergers,
<br />consolidations, fureclosures, reorganizations and liquidations
<br />to exercise or sell stock subscriptions or conversion rights.
<br />E. To hold securities or other property in the name..'
<br />of the Truste,s or its nominee, with or without disclosing to
<br />third persons the .trust relationship.
<br />F, The trustee shall receive .reasonable compensation
<br />for his services and may employ agents and counsel when the ,
<br />Trustee deems necessary, and pay them reasonable compensation.
<br />G. To decide how and in what proportions receipts
<br />and disbursements of all kinds shall be credited, charged or
<br />apportioned as between income and principal.
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