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<br />79~ t~f:l~~~.
<br />~~ Tfre T'rus.t name a[rd other things of val~~nc tc, cr,n~.t otutt• h '1':u::t ('Estate), including righ',ts
<br />fn reversion or remainder wherever situated„ .rust c,tlri~r things of value and h:,vir[g its
<br />err principle place of business at: ~~ ~~ ~ _ ~ ~ ~ ~~~~_
<br />The above named Trustees, for themselves and their successors, IN TRUST, do hereby agree
<br />to accept properties, real and personal, to be conveyed and acknowledge acceptance of
<br />-and delivery of all of Lhc property specified, together with all the terms of 'fhe "frost
<br />herein set forth, agreeing to conserve and improve The Trust: exercising their best
<br />judgment and discretion, in accordance with The Trust ttiuutes, making distributions of
<br />poctiwrs of the proceeds and income as in their discretion, and according to the minutes,
<br />should be made, making complete periodic reports of transactions, and upon final liqui-
<br />dation distributing the assets to the beneficiaries as their interests may appear; and
<br />in all other respects administering Said Trust (Palate) in good faith strictly in con-
<br />formity hereto.
<br />Trustees shall be not less Chan two in number, but may be increased Eor practical reasons
<br />beneficial to The 'f rust. The Trustees herein n,entiuued by name or their successors
<br />elected to fill vacancies, shall hold office, have and exercise collectively the exclu-
<br />sive management and control of 1'he Trust properly and affairs;
<br />'"' PROVIDED, HOWEVER, that A Trustee may resign or be removed from office by a rrsolut.ion
<br />of unanimous concurrenc<• of lbe remaining 'ft'ustc•es when, iu their opinion, said Trustee
<br />shall have been guilty of fraud, malfeasance iu office, gross neglect of duty, oc for
<br />_- cause by the mandate of a court of competent jurisdiction.
<br />PROVIDED FURTHER, that in the event of death, rewoval from office, or resignation, 'fhe
<br />Trustees strap appoint or elect a successor by tho unanimous concurrr--nee of Ure remain-
<br />. ing Trustees. Should objection be filed to appoirrtmcnt of additional Trustees, the same
<br />shall be spread upon Lhe minutes. Any such abjection shall deprive ttte candidate from
<br />accepting the trusteeship. Should the entire Board of Trustees become vacant, a court
<br />of equity may agpoint one Trustee, who, in turn, shall appoint the additional Trustees.
<br />The signing and acknowledging of this agreement by [he herein above appointed Trustees
<br />or Trustees subsequent.}y elected ur appointed, shad constitute their arcrptancu of
<br />T1i15 TRUS'1`, The Trust property, assets and emolunx•nts thereof shall iuuaediately vest in
<br />the new Trustee or Trustees wit;tout any further act or conveyance.
<br />ily a regular act of the Trustees, they may i+rovide fur mertirrgs at stated intervals with=
<br />out- notice and special meetings may be called at .,cry timz by two or raore Trustees uppe
<br />thrs~ days' written notice,. which may be waived. AL asry regular or s;-erial meeting 3
<br />-_-- - _--MAJORITY-_of_ the-Trustees- shall cons_ta[u4e a- ctut+rtun for _cond4rti4g--~usinc~s~_Ylt(~V10E11,_-
<br />affirmative action may only be had upon a MA.IOR1`fY vote of the Trustees, whether greset-t
<br />or by proxy.
<br />Trustees may do anything any individual may legally du in any state. or county, subject
<br />~o tht restrictions herein noted. They shall continue in business, conserve Che prop-
<br />erty, commercialize the resources, extend any established line of business in industry
<br />
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