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<br /> � . • regularay scheduied meeting of the Board of'Ta�ste�s. . ��'����'�� � _ ;
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<br /> . � 26. 'Fhe ad�ninish'ation of t6is Tn�st,untess othenvise reqwred by taw,sball be ;
<br /> � f� govemed by the provisions of the Trust Agireemcat,�nclud'ing any lae�vs inca�rporated in . ; .
<br /> �_ .-� this Trust Agceement by r e fer�nce or o t herwis e m a d e a g p f i c a 6 l e b y this Trust A g reement, ' . - -
<br /> ' In tne event of a conflict witb any toc�l law,the pravisions of tlus Trust shail govem. A - �
<br /> � } F.�ch Tivstee sriall 6e e�cemgt from alt registration requirements. � . _ _.
<br /> � .. 2"/. It is expressly declared that a Pure Trusi Organization,and.not a�a r't nership,is ; :.� .
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<br /> •�� hereby cnated as a legaZ separate endty,that neither the Twstees or offtcers,Present i . .
<br /> � � o�firture,have or possess any beneficiai interest u►the property or assets af said Ttust _� ���<. .�.
<br />� `. prg�anization,nor shail they 6c personally liable herewnder,as partners or otherwise; , i � . . . �;`;_
<br />- that no Tr+istee shall be liable for the act or omission of lus or her Co-'I'rnstee,or anY � ; ;� .�:�
<br /> _ . other person wbatsoever,vvhether employed by such Trustee or nut,or for an y t b i ag f `�
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<br /> otherthan bis own personal breacl�of Ttust. .;:�
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<br /> "� ?$. The'�nistees maY aPPoint among�niember a Y�idra�t,Secretary aud � ..��:; � -
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<br />:i ;�;�;f Treasu�p A Trustee may hold two or more �ces at the sam�time aud�far� �` �:,
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<br /> _ thcir duties as usual or as spec�eti by thc Board of T�stees. They may contract r.� .r�:�
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<br /> � � , � witb agents,cazetakers or other specialists os designate tbird p�sons to hotd fimds . : .._\i,,.:,�.,;:,.
<br /> � for specific purposes. , :��;'=;,'
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<br />"� � 29. '�the campensation of aflD officers or managers or consuliants,a11 a��s ar . �'�.��1°
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<br /> ;; contra�ors will 6�paid as determined 6y the Board of Trustees. Such compensation to f..;•�_
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<br /> ' b8 reasfl�a6te for die servioes performed. The Trustees may loan or advance their own ';;.�:=
<br /> . ,_;,�. ;.
<br /> . ; � fuads for any Trust purp�+se to t6is Tmst,said loans or advances to beaz a reasonable ratc , � °.,`�;z'
<br /> - - of interest ftom the date af advancement until paid.and toge4her wit6 interest,to __ -_
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<br /> _ constitute a fust li�n upon the entire trust until paid "� �;;'
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<br /> � 30. The Trustees will normatly hire no one on a salaried basis;no services w�!be : . � ;:�:
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<br /> _ . :� perfornaed for this Trust eatcept on a contractual basis unless such an an�angement is _
<br /> ' � u n l a w f u l o r i m p a s s i b l e. T l n s T r u s t i s n o t 1 i a 6 1 e f a r F I C A,t a x witiaholdin g,an y pa y r oll , .
<br /> � i�' raxes or any other payments or taxes related to employees unless utherwise agreed . . �.;=, ;;�.
<br /> � .} � by unanimous decision of the Board of Tnestees. . ' -.
<br /> � 3 1. Svobada Holdin gs Trust ma y use a bank savings account and checking account
<br />:�,;� ±` as a convcnience for busincss trausactions and for safety of monies. � . ' .
<br />':�� � ` 32. No Ben�ciary,or theis guardians,or assumed guardians,as such,wiQ be �
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<br /> � � empotivered to cnforce a demand for any accounting or report from t�e Trustees rElating ►• �
<br /> � = to the management of this Trust in any manner,including,but not limited to,creadng a �
<br /> � � �ew t�st from the oorpus or income,the disbursement of its income or Corpus,or any �
<br /> ' ! � � decisia�in regazd to investments,reinvestment,sales,leases,tentals,conversion of assets
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