82003360 - Laserfiche WebLink

Browse

c?t' S v t;fl $~ `° edge. delivery of all the property specified; together with all the terms of the Trust Organization herein set forth, agreeing` to conserve and improve the Trust Organization, to invest and' reinvest-the funds of said Trust Organization in such manner as will increase the financial rating. of the Trust Organization, exercising: their best judgement and. discretion, in accordance- wi h the Trust minutes, making distribution of portions of the proceeds and income as in their discre ion, and according to the minutes, and upon the final liquidation distributing the: assets to the existing certifica e holders as their contingent rights: may appea-; and ih ail other respects administrating said Trust Organization. in good faith, strictly in conformity hereto. b" TRUSTEES SHALL.. be at least one (l) in number;.andmay be increased"for practical reasons beneficial`to the 'T'rust Organiza- tibn. The Trustees herein mentioned byname; or their successors elected to fill vacancie shall: hold office nave. and exerci e collectively the-exclusive management and control of-the Trust Organization's property and business<affairs wiehout any consent ci Certificate ha ders. PROVIDED; HOWEZ?ER, that a %rustee may resign or be remaved prom o~fice by-a resoutioh of the Board. of Trustees unanimous y cancurren in whenever in their said opihion Trustee shall have been guilty of fraud,.malfeasance in office, or for cause., 'by ~hc mandate of a cqurt of competent jurisdiction; and ~, P~tOVIDED, FL2T':i~'R, r.?Zat in the. event of death, removal i~;~m office, ar resgnatign, the Trustees shall appoint or elect { a s: ces-sop- by tha unanimous concurrence of the remaining Tres- !_ * y` ` apof.:i~; t:ne entire Bearc9 of Trustees tsecotne. vacant., tE;e <..~;=;ar ~~a;• ppain:: une 7'rus,4e<, woo., in tu.n, sF;all appainr the