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<br />,r <br /> <br />~'SC~r~ <br />3: THE SIGi1ING APID ACKNOWLEDGING of this contract by Trustee <br />or Trustees ,,elec,ted or appointed, sha11 constitute their acc'ept- <br />ance of this 'Trust organization; and the Trust Organizaton,prcp- <br />erty, a sets and prpfits thereof sha11 immediately vest, in fee <br />simple :~thnut any further act of conveyance: <br />10: BY' A REGULAR''AC'i' bf the Trustees they may. provide -for: <br />meetings at stated intervals without no ce'arid specia3 meetings <br />may be caned at any time oy one or more: Trustees upon three days <br />written notice. At any regular or special meeting 'a maj.crty <br />of `the Trustees sha1.1<consttute a quorum for conducting business, <br />PROVIDED,":affirmative: action rmay only be had upon a-majority vote <br />of the Trustees.; whether present or absent, e:ccept that at special <br />meetings 'called for a.specia purposethe majority present map <br />affirmatively act im emergency `matters: <br />11. .TRUSTEES' POWERS shah be construed as general common-law <br />p,~wers of_citizens of she t~rited 5`utes of Arne ^a *~ do an;thng <br />any citizen may do in any s ate or country. They shall, but no <br />be limited to, continue in business, conserve the pxugerty tom- <br />mercialize the resources, extend-:any established line of b,aine s <br />in industry or investment, as herein specially; noted, at: their : <br />discretion [or the Benefit of thin Pure Trust Organization-such" <br />as, viz: buy,sel'_ or lease land for sur~sce 'cr mineral rights,; <br />buy or sell mortgages, securities, bends, notes, leases ofa12 <br />kinds, contracts or credits of any Yor*~~, patents, trade-marks <br />or copyrights; buy, "sell, or conduc* mail order business., or <br />branches thereof; operate stores, shops, acCaries, warehouses, <br />or other r_rading establishments or places of business of-any <br />kind; allocate funds derived from an? sour^e for charitq, reli- <br />gion, education., res`arch, accvmuiatiz~g, or other purposes, vaheth- <br />er for immediate oz future appiicatien o be managed,by specified <br />Trustee, Trustees, or; o~hers, as designated by [he Trustee;'s- <br />,. 3 - <br />