June 21, 19)9 Transfer Exchange First Agent Place Branch City, Utah Security Salt Lake Dear Sir: Enclosed Bank herewith of Utah is Certificate No. L 8366 for hh shares of First Security Corporation of Ogden stock held in name of Val A. Browning Trustee for John Browning. Will you please transfer John Browning and return Since there is no change not necessary. this stock to the name of certificate to this office. in ownership, transfer tax is Yours H.. Encl. (Cert. HS/co/faw Registered L8366) Mail the very Steckel truly, June 21, 1919 My. John Browning Hayden Lake Idaho Dear Mr. Browning: Attached hereto is check for the First Security Corporation dividend on stock held in the name of Val A. endorsed Browning this as Trustee. check as being Mr. Browning payable to has you. We have requested transfer of this stock to your name. Unon receipt of the stock certificate Mr. Steckel will place same in your box along with the other First Security Corporation stock certificate which Encl. fawsco Registered Mail was forwarded to him. Yours very truly, Secy. to Mr. Browning Trust Account—John Val A. Browning M. Browning A. Srowning Jamary 10, 1949 Dear Val: Enclosed herewith is a note for $),1:60.00 made out to you as Trustee for John Browning. We shall hold the endorse it Thinking for the money, we would appreciate note and return it to us. First Security that having stock Jack will you endorse of Lk shares be calling the made out to you as Trustee for John Browning until such time as you and have it transferred Me. A. Enel e ALRMAIL CC: REG. MAIL to hin, Browning ‘tt 0 y MI TOTT SS Perr L Fits 2k Bak, TA Li? DSTA FU VUIU ATTA AL bts wee AT Ge Set so EY ft Sts ¥ th oe * greeting: Bw, 2 tek ¢> - de tCTUSs tO : me, 0 et OW a @} Val A. edoc ae » gove a de dated pe istor . July Browning, id re unaer 23 ee, > Gor, as trustee, deed con’ @ " # ~, Aw certeair & my yy a " Z “ executed certain stock reserves in writing first chen acting to being amend instrument ‘rustee.", of said revoking or revoke in writing John said Browning as said revocable trust act as said istee, and ever of sin acting to “ hereinbefore Dated: Witness: Ootober Z/ WH, 1937. the said the revocation referred to. trustor agreement, day to a and Whereas, esirous had of July, is and 1937 9 REVOCATION OF REVOCABLE persons to TRUST AGRE dul Ee) whom these presents shall cone, greeting: Whereas, 1957, I, on the twenty-third John Browning, executed of Ogden Yeber City, sfustee, a revocable trust granting to said A. of in the stock duly Val J. accepted b; 41d Whereas, clause: ime times or 3. Val said lowing "(K). The the such shares which was trustee on agreenent contained Trustor reserves the writing first in right to the Trustee.", and said Val A. is now,and ever been the trustee there A. Browning has heretofore and consent to as Whereas, writing given of revocable his seid has Val said revocable trust direct said truste and require upon receint 4 by said in revocation agreenent, I, the part Browning therefore, all in then and approval trust "rustee or Now, and Does | certain delivered such, * 1937, whole acting s 35, in and inmediately as trust under I Utah, truct approval the thereof, and a. this from acceptance to July Company, as Val of trustee Browning the ferred as revocable upon dated Browning A. Since the State De, obtained Whereas, revoke County, to A. and writing said delivered agreement M. of July, and Browning & day i Browning, agreement and estates Val A. &. said of Joh . . notice of s hereby hereinbefore created Browning a do 2 this therein, as a re~ said a revocation he 2 ~ trustee to convey ana securities Browning Dated: Witness: return not ae to we heretofore trustee. October 198, 1937. all of the Legally original disbursed stock by said and Val other fh a @ December 29,1936. Mr. John Browning, 4710 University Way, Seattle, Dear Washington. Jack: Enclosed please find the usual notice of dividend payment and stock certificates for your quota of the First Security Corporation stock. Kindly sign the enclosed receipt and mail it back to to, To give you an idea of what including all income of which we that us at your once. total Federal Tax of that, you will but I be in incoms will amount will amount to $3233.00. your have to income tax will amount any knowledge, we figure $28 , 000,00, ‘In case and that you have will have the not establish- to pay be an additional of this erent there eg ed a residence outside State tax of $1245.00; total Federal and State tax being $4,478. The amount of your balance with the Company at present, as you can see from the accompanying letter, is $8,196.88. ; I do not know how much think Steck position to insurance you made an estimate figure that for you the usual dividend for next year which paid out in 12 monthly installments in the past be declared since, as I wrote you before, it is distribute the royalty contracts and the income guess 18 as good as mine as to what your income will be next vear., The mabket on the First Security The corporation is now on a dollar per is not the same stockholders liability and so you will not have that worry it which I hope you will do. at one time out so we have customarily will probably not the intention to therefrom. So, your from that source stock at present is $23.00. share dividend basis. There now days that there used to be you hang on to your stock, George Eisenberg does not have a buyer for your house, He just left the office here and was more or less embarrassed about He again stated that he thought I would be what he told to Phebe. wise to acquire the place and wreck it, and that there would be some He will ascertain from Regan & Co.,wrecksalvage in the materials. ers, what there would be in the way of salvage and, if you still feel the same way, we will go ahead on the basis of our previous ideas and | I will mail you a check for any salvage that ean be got out of the place. This anytime you should gack feel Rice to amount like said he coing in neighborhood will send New Year, ahead. Happy the the deed up of $200.00 to you for or $300.00. signature THE COMPANY L APPRECIATE SUGGESTIONS FROM ITS PATRONS CONCERNING SYMBOLS DL = Day Letter NM = Night Message ~ <= 1201-S é : 7 | 3 ™’ SERVICE | \ . iw | ITS NL = Night Letter LC = Deferred Cable NLT =Cable Night Letter | NEWCOMB. CARLTON CHAIRMAN OF THE BOARD The filing time shown Dr tne e | Received at Main Office, 2406 KHAT4A {7 yo A A 43 t? BRROWN NL=U sis STANDARD Washington SEATTLE TIME at point of origin. Ave., WASH. J.C. WILLEVER FIRST VICE-PRESIDENT Ogden, Time of receipt is STANDARD Utah 026 Ship Radiogram )Was TIME DEC 17 la at point of destination. «AM ede Fd 16 J iN GET CONSID ERABLY OBJECT MORE FOR [IN PV iv}O ADAMS VIEW OF AND DEAL THERE IS NO DEPENDABLE SUBSTITUTE FOR WESTERN UNION TIME ACTING Seattle,Wash. can get property. She stated no it,and that you siad you had assume that you have not acted I'd lét house. the demolish be brotherly,but am wiring that repairdd,so will not be such ‘of your said that some what they are. She said can't figure out what it askedme to care take of a rifle was. I your was with some of my other let you lobk of that were not my own the stock cut out for Mama. It got and was badly rusted. That was Phebe incident#ally For thousand in addition total. Lf. he his to work the on five Latter,it my house. you was under &«x will the old house it over to you had know paid Jack whether already paid,or woether it cut it pretty tO ae that you I with in that- secms Phebe bank. ene mentioned hundred have. to ibe a leak don't So, Siiamat turned I Belgian riiles Mamna estate. I only before the that The over. two but yours, Jack for the in arms a don't I, motner arm had intended L were be report,witl at I east. everything think I before letter pistol,and one can money. type the and the #rench is you to last that with just the sights,and up prige, thought Lyman go to eyesore. showed with was the Jack Marriner,for it to are with thought started this of Ll went you,wnen you that,l I need guns Left I own receipt an it also I await to of view your at it the letter,and recent my for spoken much how h enoug to Phewe know In house,according The anything. doing before objections. nave you you tonignht,asking had on well snow you Hisenberg that further hundred five twenty or thousand two Eisenberg saiys sne which Phebe,in from letter a received Dec. that me. two 1s is the close€-. Phebe job gave would intimation have cost serving the. job. him. I realize but he would in any complaint,but great deal more his hands,for have, 1 knewhe done it cases. We have paid out.a with the, odds and ends upon Jack. tighten glad if the fee. of size the estate me Wish you'd let arrangement will mean,- have and.l out figured in plan Will which lj left;in dumped in:the pick, it sure he's up and ry to me court would alhow,on an extent of adding somewnat to ask my acumulated the read be should IT you have will to pass like to able should You surplus. shares,and de- in law the defining in new the be able accuracy. Steck to see all right? place on 25th. Jack. He Christmas, Jack. of my camp duiile Perhaps he could have Street,where shebe could some that is store the the untiair be trouble. hot:mind. Me seems shall company much it with store it I of some at garage connestion that. goes without the,old in for it receive,and you;please fees much back will with legal l haven't you advance handled of what Steck, have much number gave might how same me who we put by what far I done about disbursed. isn't been snow, briefly,just the on.to whatever has in Well,so about information to how know tailjand.don't accept what a be to will have royalties: It lawyers. I matter is,about anybody wnoen about that by relative work the 4 a Calif.,and to done that in me been the felt had with that work.! more -- know other deal know all with good mother's. agree you,will anyhow,no Ken You would detail the of most that had favoring than rather it any him give to if we experience previous all sstate the was of going were you though a from we. know, else,as as no could phone Gage Rodman. I'm it December 16,1936. ir, John D. Rice, Kearns Building, Salt Lake City, Utah. Dear gack: Attached hereto is Warranty Deed on the Adams Ave. property of dack's. I have indicated in pencil where each should sign, also have typed in an additional acknowledgment on the back. as both lirs. Browning and Jack must have their sienatures acknowledged by a notary. to both Mr. Will you and Mrs. kindly give these instructions Browning, and oblige Yours very truly, CLASS OF SERVICE DESIRED CABLE DOMESTIC TELEGRAM FULL RATE DAY LETTER * DEFERRED NIGHT NIGHT NIGHT SHIP MESSAGE & J XN ACCT’G INFMN, TIME FILED LETTER : RADIOGRAM LETTER Patrons should check class of service desired; otherwise message will be \ transmitted as a full-rate communication. : R. B. WHITE PRESIDENT NEWCOMB CHAIRMAN OF CARLTON THE BOARD J.C. WILLEVER FIRST VICE-PRESIDENT ay ef Send the following message, subject to the terms on back hereof, which are hereby agreed to 1-9" be 43 By RET Rey 2 Gc. ii. ev ae gf rrr Le Bur Ren) i = z = $ _~ » AS . * ce ee Rae TS * whe Cae7 eat we) Lo Ne Oa * ae ' ee ; ray aed Ee 4 Th? i ' e825 ht nd . % PR @ Ay ” re oS ee ae | ” ~ AT PTY Bale othe in eos ck ee Ta i823 i 34 aed ey de 4 bs oer 4% gosh Pa rs4e? Peete: a4 FSS ryt or ge ae ; Ea x. a “Trt mr de A. ‘ crrd er = 3! et FAI , v7 mre5% ry ES : 7 4 WESTERN UNION re yi 4 * i, % a a * ‘ ee bat Bah. VP EY GIFT ORDERS SOLVE THE PERPLEXING QUESTION OF WHAT TO GIVE THE =. CLASS COMPANY WILL APPRECIATE SUGGESTIONS FROM ITS PATRONS CONCERNING ITS SERVICE g ey: OF SERVICE DL = Day Letter NM address. = Night Message NL = Night Letter dicated by a ee ing the 3 1220- C silane This is a full-rate Telegram or Cableseasie unless its deferred character is in- ‘N — Eee ( R. B. adhe SO aadnn oe Se mene an ST Cc. w ~ Skane VICE-PRESIDENT Deen ern Ship Radiogram The filing time as shown in the date line on full-rate telegrams and day letters, and the time of receipt at destination as shown on all messages, is STANDARD Received at_... annscye| ws © 036 JUN NZ214 99 DL=OGDEN UTAH 5 1203? VAL A BROWNING= ‘HOTEL ‘6G TIME. DAY LETTER ROOSEVELT= IN ORDER THAT YOU CAN BE THINKING ABOUT IT RICE SAYS HE AND PHEBE MET WITH HUSBAND ARIZONA AND ARRANGED SETTLEMENT CONSISTING OF COMPANY STOCK HELD DIRECTLY IN HI NAME TO BE, HELD IN TRUST WITH RICE AS TRUSTEE STOP RICE GREATLY PERPLEXED AND SOLICITING COOPERATION AS [T SEEMS DIFFICULT WORKING OUT BECAUSE PLAN GIFT OF STOP\WORRIED TAX ABOUT WHOLE THING FROM STANDPOINT OF POSSIBLE REORGANIZATION AND POSSIBILITY OF THEIR NOT GOING “ALONG WITH US STOP BARBARA MARRYING PRINCE QUIETLY SALTLAKE TENTH WIUL LIVE LOSANGELES ‘PHEBE LEASING HER HOUSE EFFECTIVE EIGHTH AND IS ANXIOUS SEE. YOU AFTERNOON: MONDAY zMARRI NER’ ( THE QUICKEST, SUREST AND SAFEST WAY TO SEND MONEY IS BY TELEGRAPH OR CABLE Dear. you Looks to at least twelve «now what it limit,that me settles is as Adams property ought at a tnrow-away price. if a is hundred,even worth it. Have bounds to me for signature,together go ahead witn from the to and a you,and deed old deed,and with whatever plans send tne deed,!i the state drawn. you thousand Steck can can you your in mind But your get the send the deed In the meantime, for removing check. have to building. When you you kKnowabout is in Jack mentioned,witn mind in retain Rice no Jim ownership I delay no am sent me yOu would DeVine's the details,thnat connection pleted. hope of wish tell me health,and what whether he Ogden, When I the thougn metes but Dec. 3, 1936. Val: bring the Seattle, estate you with the company all my stock of willing enough serves only to great while will to thicken be document boys have t.:.at until recently,he something makes you want com- the plan is cooperate,as you must an already unsavory in me to know; brew,and reguired, Regards, JACK Have wondered if Steck could figure out a loss Adams troperty,as well as on the Taylor, which could a income tax meduction, 4710 University Way. on be the used as | July ir. John 23,1936. Browning, Seattle, Washington, Dear Jack: the *phone Have not heard today told me you to do so with from you recently, and Jack Rice on he is without news. Hope you are enjoying yourself near the woods and streams feeling you should write to anyone until the unless it Saturday is an your usual agreeable zest and task, somewhere without urge comes upon enthusiasm « in short, not It looks like it will be necessary for evening to catch the Queen Mary sailing me to leave July 29th, and and which I wanted to.inform you Seem Regarding the agreed so far that above mentioned developments, the experts the existing family trusts, or Estate trusts, that the liable journey, Spoken, willbe into also to considered them trusts of bring as will under certain the up developments again corporations be present tax for a matter for before of taxation taxation starting we have purposes, on any on income laws, and then the taxes, or other unforeseen the already meaning received individuals will be again taxed on amounts distributed, To avoid this double taxation it might, and quite probably will be necessary to liquidate the trusts to the individuals and attempt to make other arrangements - possibly insurance=- to protect the sisters who need such protection f r the case Of accidents, inheritance the standpoint income, on their Company. of the be before definite Mother's of the getting ca purse strings which might endanger their holdings in the This, I think, will be interesting information to you from income of would decision is go to end of No news yet The other estate. Company, the as common in your to year. — this the since directly be taken, from matter nearly stock and Department is of the I will say whole of your share that it possibly let now you regarding the considerable importance Company the I can the case can the as of you. prognosticate into it, hands and know when tax on to the of will a | concerns the future male descendants of Daddy and Uncle Matt, which they did as nearly as they could, and which, as now provided, will so into the hands of Matt and Bigelow for Uncle Matt's half. Of course it happens that the two male members on our side are mine (although I did not foresee that) and so it is with some hesitancy that I bring the matter up. I certainly cannot be accused of a desire for personal gain, since I am Willing to pay any fair price you might set, or trade value for value for preferr which ed, would probably be the more accentabic plan to you because, if what I am trying to bring about «that is the perpetuity of the Companye is realized, then your children might TBe2— 7=25~56 benefit more than they would from the cash you would get, unless you invested it happily in something else for their benefit, I am therefore taking the liberty of urging you to again consider Since we have already spoken this as soon as you feel like doing so, conclusions which you think your of it, you may have already reached here we could go on for were wou If will be for the best of all. The fact over leisurely. it years as formerly, I am sure, and talk to try to me brings trip away and that I am taking a long that you are John which by will a I am leaving arrange for a transfer at once. and Bruce cet stock, all of my common If you have anyother I am doing an almost brutal to how this might be just to let know how thine in a way, in that I am sending your stock certificate in case you might be willing to endorse it to me and return 4t with instructions to the Company to transfer an equal amount of my preferred stock to you and place the new certificate with your other possessions in your bDOXe ideas as accomplished, the procedure is of course of no importance to me, 80 long as the desired rearrangement is made, and I would like to cet it I am endorsing my certificate before done and over with at once. to your feelings, then it is a brutal disturbing is this If leaving. it is meant as an out and out sorry. am I and propese, thing to the good of all stockholders in seems what for business proposition the Company. are Drop enjoying the me a line course of at the Suede lectures. LOVE , me you THATCHER ROY LEROY FIRST B.YOUNG YOUNG SECURITY BANK OGDEN, UTAH TES RTT PAUL THATCHER July Mr. & LAWYERS D.THATCHER M. Ogden, Dear A. 5, BUILDING 19386 Browning Utah Mr. Browning: I nave now completed my Consideration of John Browning trust and the gift tax law. proposed Regarding the trust the agreement: Article one, paragraph one provides for the distribution of half of the income in the event Mrs. Browning should remarry. Half is to be paid equally to the two daughters, but in the event of the death of one of them the share of the deceased daughter is to be paid to the survivor even though the deceased daughter may have left issue. Paragraph two provides for the income, after the death of Mrs. Browning, to be divided between the two daughters, if living, but in the event either is dead leaving issue, the issue take the mother's share, The provision in paragraph one is legal if it was intended, but my guess is that in the division of half the income Mir. Browning would want the issue of the deceased daughter to take the mother's share. The last line of paragraph one contains the expression "either of said daughters per stirpes." I should think the words "either of" should be stricken. They import the selection of the descendants of one daughter or the other which is inconsistent with the expression indicated should is be "per in the made. necessary. stirpes."#(In a number I no margin [It seems in article four the graph one A. would time to time obtained from a substantial upon think changes that to me that wording of then read, the interest the of seem comment cases to me I have regarding them it would be well to follow the regulations. Para"at any time or from concurrence in which in writing » &@ person disposition had and not having of the property which now constitutes or may at any time hereafter constitute the trust estate hereunder, or in the disposition of the income therefrom, by an instrument in writing delivered to the trustee during the Donorts life time to terminate this agreement in whole or in part, or to modify or amend it, and to revest in the Donor title to such property, in whole or in part, as the case may be." See article three regulation 79, O62 C.C.H. 2290 W and 2291 F, Burnet vs. Guggenhein, POS Uses 2B0. I think it is quite permitting him to at that find no clear as written will result in the income being taxable to the Donor and that, provision tax will be involved so long continues. lif, however, the amended so as to destroy the gift arise would whether I a tion with form of the guise can gift is divorce full settlement of right to alimony. the revoke time. when proceedings, the agreement of the trust because of the the trust, no of the question conveys to the the husband, in would require that such I should connec-— wife her interest in property and It would seem, however, that statute gift as the power of revocation agreement should be power of revocation, a discussion involved that a her the in transfer should be considered as not being a gift. The tax is levied on the transfer of property by gift. of course, the transaction would be open to inquiry to determine whether a gift was in fact being made under would be present. a of a very divorce rare Assuming is not one created income received by the trust would be settlement. case that in the which trust a think gift would agreement in be it question in connection with a divorce, the the beneficiary during existence of deemed to be a gift. You may be interested in knowing of a case decided last November by the Supreme Court of the United states. The wife sued the husband for divorce. Under the statute of the state, the court directed the husband to create a trust for the payment of alimony to her, the trust property to be returned to the husband upon her death. It was held that the income of the trust was taxable to the husband. See 296 U. 5. 1. power of revocation. The court based the the tion theory of that the While 1 the husband. trust have merely suggested discharged a number Yours truly, changes, the only one 1 feel is of standpoint of the gift tax is that suggested in article four. There was no decision on an of slight importance from which I have SHER & D. the YOUNG bp Roy obliga- Thatcher hu tI, Lake County, State of Uteh, thie 1936,by and between John (hereinafter called the Halt beke State of Uteh "iTHESS Theat trust im hereby the Donor does assign, has wenegze, tpoit ex. and and conditionas Tneome to Wife the transferred *A* herete 8 sttsened pay Rice ealled State of of Sait the Truetee), Leake John Browning to ire. Route) of Ogden, Weber County, unmarried. the the Pruetee Donor to the wheraef and delivered, and City, conveys herete, ang the seue a Truet ae (who of Utah, of the acknowleded, by theece the wresente property real property to nrees Pumd wpen hold, the following derived from the as as shell har marriage long she Phebe reamrvlage one-helf end one-helf shall she Truatea income® of her as long the Trustee before wae of the personal and In the event as is hereby to the Trustee %tate her to go ehall by by the entire *net Fund income AeDs, County, atteohed, the shell Trust the 0. aceentance reseipt The Trustee end remain the paywent dletsitate terms live John (hereinafter and deliver, Bxhibit imvest Le the ($1.00), transfer in Geseribed end assigned, in and Weber ds RR oreated of one dollar Gesoribed Noner) oonelderationof gum deyof Bromingef Ogden, Uteh County, 0 Galt Leke Gity, at Salt in triplicate executed AGRESMENT THES Live the ine@me shall go to Mire. John 0. ioe (whose Browning before her marriage) end Berbare Growning, the daughters the Donor, in equal shares, or in the event of the death of one of said daughters daughter in before enid have atite one-half cart of the income : gone to said daughters of either ef be daughters in the event that both the shall ineome eaid “re. anid John paid Browning, to Khe "“% be #hall ver daughters Pare Gpoen her ta paid to etirpes. the denghter, the said “re. eet l- shareof surviving the predecease whieh the remarriage decenced end John Browning, would bave eos eo ge hey My" : me 7lawlal i ivwawmer deseendthe living the Division ee into tharen Upen the death of enid “re. John Browning, wife of said Donor, equal, separate parte, one the Trust part to be given, trensferred and conveyed mane was i.. Browning before Fund shall Heatvice be divided into two her to Mre. John 9. Rice (chose serriage) and one part to be given, transferred end conveyed to Parbarn being deightere of said Sonex. If, Shell predeqense the upon the death said daughter of said wife wife shell be given, of and eeild predesesnsed daughter, deseendantsof said of both Leave of enid daughters ean Gpendthrift S$. lawful ‘The inoome predecease the anid wife deseendanta, then and be transferred and Chow Lele payments provided as the Trustee shell and ag such income, after it not way anticipation by of have encumbrance of sueh income anticipation shell be of any validity xegarded in any by the Truetes, by nor claim of and said Donor and in that event the shares to the levful heire of ehall be made monthly no only be made shall when be om hend for diepesition, charge or hereunder effect by way nor be of in any wise or any part thereef eny creditor of any beneficiary. Bhooue payable by the Trustee instrument shall not be nledged, assigned, accelerated, anticipated or any alienation or disposition whatsoever. such under any provisions treneferred, sold, be of this or in any or encumbered by any benefioi~ me be in any matiner pubject aseignaent pre- income Any to any of said such to be subject of of shall or legel liable or descendanta daughter acerued, wise manner whatsoever any event living but any beneficiary ehall that 1 deem best, ehall in share the for hereunder oftener emi the ef or payment then @hare Clause and end if there are no living larful daughter, fiven persons of eald daughters the Lawful the shall Yruet te to of said dmchters 80 living then of said the shareof said predeceased transferred predecesesd beth either venoe, anid Donor ided if however, esaid if any, Browning, ether or liable in the hands voluntary or Involuntary Should any beneficiary attempt in eny manner interest, of to anticipate, any part digpose of, encumber ox Gherge «nd the event bankrupteyor thereof, in of hie or her the retention of any judguent or decree against the interest of eush benefiei- fer her gupport to eocumilaté and such any that however, provided, the of and controlled to be invested thereof, im the hands the prineipal of a part form it wae derived, a part se of dieposed be or be allowed ae and treated be and from which Fund Trust te or maintenance, Truetes the of dirsotly in the discretionof the Trusteebe applied shall beneficiary euoh to directly over be paid otherwise would which income such then thereon, or garnichnent attachment of wrtt. or execution any of Levying the or azy oF any part thereof any be applied from time te tine accumilationg, the Trustee as the Trustee may dea proper er derivable, in like manner of further that Func; end provided mitted by virtue extent in contraventionof law. nO acowmiletions of any provision of thie income at any time or to any section this of if eny provision be pere shell of seotion Trost the from derived income current the a part were ease the if oe shall be deemed illegal the enme shell not in any wite effeot or impair any sny but in thie affeot or lmpealy the Trustee etpreeely agreed injurioucly be Le Powers Tt is of and possess end euthorities incident the discharge thie but theve all the end of mey is hereby exerciee of thie that might otherwise and declared inetriument of thie the Trustee provision other of thie Hold or Geli. Ze ‘he Txuetes time to sell, to Trust at all the effice end thet times, Bet only or or fmpliedly expreanly powere vights, Or paracreshe to seotion contained any inetsument, other shall rejected. General "o section provision eny or of seetion this of provision Other conferred euthori thor the requirec in conferred woon woon and eubedied shall righte, or have powere oonvenient or vested vented in the in the following for in hin, Trustee cleuses Article. shell convert, have the full yeconvert, Page De pover partition at times anc from exchange any ren) all or time ; property at eny tine comoriaing a pet of the Truet Pund, or any part or parte thereof, or any claim or interest it way heve in any such pro Y emd to wake, necengary Truatee execute axpediant or way end retain deliver for the Donor Y the Doney. inetramente mioh euch purposes emi ov nny thereof, ant hold, part that have that emy heave been eny invert any money at stocks, notes, renal or it way it eee uey liability eny deem contracts been deliveread may hereunder of ae euch te arke incurring without pomuritios by als Obtained te by fit. The eo doing, in the with Treetee Cirectien the To Tnveet Teuetee the 3. in mich ov in such wise, bonis, without of trust funds, provided invemtment, «nle or other without the prior within thirty and enema Stock investment ¥o Vote of the the Trustee Boner, of act tha Jonoy ah: proposed ¢ any requested of stock anc ether any Giese in hie qm neme or in the to vote ony stock in or by prexy; pevaen Teuatee, aay fight interested etodkholder’s or right neme te any merger, coneolidationor held br the the ¢¢ euch sotion enterovrice trust “ruatee, Trustee for in which and to join euch | athey be Trustee oF neourities Ge exedhence emi aeourities with addition=- any ar the as may other or ine luding of therein Go wite agsent reergenis gation or whose. obligations or arrangement; Paes to acquire agaent by the otherwiae to of thie of or for by virtue nominee therets, eubsoribe other this in reapect to ay to privilege privilese savenwation belonging any of ov ander securities of shares secarities to ac invested d anthorizveant shares st meke to 0)1 tyuet? shall competent utless dees during Pund expresely to hold shall regarding Law hem been he after daye that be legally or Glempproval (30) of hereby power vureuent eppreval rele the fraset of he shell Trugtes io Yhe envy or seourities an the euld Trustee 4. waive other however, es aporevel bic imticete to fail written or etetute disposition so long Doner morteeres any by of the the or personal, limited Lifetiae in rex being investment no property, other estate Pand Trmet time env be ormnere may the iseucd of similesx proprties or seourities designed to effectuate LT | All. in eny plan, or deponit all sesenementa to pay aad wurpese ouch any agreoment oF to any lease or other hecorporate nt conse to and e theret ntal incide expenses riven weit hereinbefore in thie poragraph powers the exeroiaed to the abeclute owner extent ee if the Trustee were the anme wnreetrioted that however, alweye, for the benefit aforcentd shall be exercised end privileges the righte erovided, stock} of shares of auch 4 and adventage of the Trust Fund. "o Manage Real Eatate e, menage ond expowered to luprov iged athor te tes Trus The SB. a part tame to f from time end eubdivide londe and em curt thereo te yemubdivide and thereof, part or subdivision any as often lends enid the to ¥aoate md highweyve ond alleys, streets, to dedicate paoxke, Fund; ‘xuat of tthe to convey to seli on eny terme, as desired; to. contract te sell, with ox without vonaideration; to mortgage, pledge or otherwise encuaher; n time extending beyond any poerible terminatio so lease for any length of ge ; to partition or te exchan period r shorte eny for or Trust, of thie or personal vreperty, to eny part thereof for other rent tamde or wortition ox entd of ony dntereet in or shout righte and privileges enid right, ‘itle control, dispore of and and eny and alt avery part thereof, Seal with eid lande ont ony ond ve lawful for or deal vith the enue, shove epeoified, ay whether “ meme ‘he sialier applientionof the frou the Trustee h eect, e, purehase be required to see © ontrol : to oF different ehall net be it would disnone ©f from the wars yeruized te eee to the with the Trustee Waat the terse ef thie trust sre complied money end fo Mske Agreements 6. to et any tine or times herent tar. Purchasers shall not aaa poreor sny therete im any wey in whieh eppurtensnt oF any acnign to bande, end Lande; easement exvant to desixeay e& aften conveyox velease, to kind: or charges as lencie enid teretchenwe unite the Trustee may joim ox persons with dealing any other etockholdcr or @thermt stockholders or any parties benefiotallyor Pewe 6. re~ ghaves of otock in holder for the murcoes each any goxporation, ani or iawhul epreememt any wuoh eorporation sog@ptableto Lt amier nent fo eny way mere efficient manerement of enter any voting trust mi terae ami Income Truetes emi (a) delivery the considered se incowe, the gredited te orincioal, mu repaced nt entire as the stock “ goneidered ef be stock of any eteok at any Appear interests Truistesin money inueurenge now held ite of vy evn judg oy other imeome and Pad interest such or dividend whieh semurity esle to price the er (a) Shall purchased vYelue bonnie, the premium nny ateck woon or ismued of the Trast Fund divided shell. be paid and said Truet costes of the Fund bat been thie Trast eduinietering on Fund frunt the afer mul caid on Tire Lneurence any aesecee alter been paid, ahall. have ochargeebleto the (chether | ef the Trmet & ihexitense, als Pang fox the cheamgeabie the taxee vayable by vrenson of thie the “rags Pood end Trustees the Trmeted maxi out of principal may Jeet aivieebiea Page Ge all. is eetate, Trost, einile? the shall heave been maid. cripeinpal az in connection been Donor be lomediately ond net ne Aaeéaey ond (oe) *net inoome* eatd tates at a or debentures heve in be ehall efter premium bel4d by final, and wipaid Truetee, may be doolared a portion be recaived by the maturity charge the sume; ahell ie eseruedi of notes, eheall emertising the above itewe; ac Sherwunder Mand © ¢ whieh shail pay any ia Trust income ef decision what from the anid acoruing fener or otherwise) Gut hice im the ease eonrtdtuting property oy other detemaine in the onee of securities (¢) ae G¥iieleel that after of whieh rient way and subsecumt imnoome without eny Tmiat » etl a pretium the Truetes subsoriotion payment vrevielone shares held hereunder, (b) @iseont gift and the Giveeretion that: of mente inte may Prineipel in bie however, tise veel Truster the contro] denowit tmuet . AFSC the with also ehodvring such gecurity urainet way or unify oy any and the semiring concentrate Tyustes om of ie principal thereunder provided, be the dean ‘he what whieh Trestiee auch Deteraine 7. in to that to the corporation Trustee oF groRe inoome of the property ant tnocee ® <6 taxes, general and special fees, expenses and liabilities collection, care, holding, of the Pand for may become Trust defense order TO against of legal nrterity as every all kind protection or distribution the Fund or the Trustee inoluding the protection may attorneys incurred which he charges, or of Trustee costs, expended payment attack “the Trust shall in the of this Trust and ites pay the above items in determine. Resigns S. fhe Trustee then living adult or the event of said Mrs. Join Browning, then Living, may nominate in successor before that resign the either of the wife the Donor, if living,.or if of the Donor and Trustee any Trust have wife of said Donor then such Trustee hereunder shall be the services acting for compensation reasonably and execution of this Trust; from time to time require, the execution of thie Fund. execute the inquire 10. In Trustee hereunder, wife she of be not said Donor Company. Such discretions herein- Trustee. the said shall be In the daughters event or either appointed by , court and may retain of moneys and Trust the expenditures paid out and Fund or income of reasonable custodians, incurred in rely upon and shell not be obliged the Trustee. attorneys and instructions of the Truetee and propiety of the acte of acts of Estate of Donor of the Trustee from event that in the judgment administering the agents, the as well of Such into a& principal and custodians about the and protect to hold may occasion in and attorneys and end attorneys as elithorized, the in performed allowed written the agents to entitled be may Property Purchase is custodians sud proper and necessary Trust nor Trustee employ agents such for compensation the to trust, And property Trust, as resignation jurisdiction. Trustee this Rice the such and De living, other powers John be ell duties, eiké shall securities, all the said Any successor upon the and of daughters Upon to removal of Trust. delivered or the neither 9. writing inability shall competent in the Trustee of notice of ag conferred by beneficiaries appoint them just may and of to of and administration, the chargeable, assessments, may it shall be to Loans Liability Donorts quch legal representatives for loee rewulting ef In» traent Tatexpretation exieting at the Powers Reserved to Done? the to Ada to Trust (eo) Yo fe the powers Prom Sime to time woon Trust, ‘by on nNonorta oF in part, or to modify ond ad ana deliver tranerer veneged, ta eubiect a1) duration of thie ponsibility, extend beyond, fereroine provisions surviving of im writing de~ to teruinate this emend ox ond 1%. terme ond Trust @ all in no prope rty pereotal distributed conditions the as part the beneficiaries crave shell, wholly following event, hereet. nor by perechs, b aveinmbore ut soe-whh} named, om the death the Toner any of the last and the now any other persone nee nemed aa beneficlerier uncer Tract. i, the undersigned, john Browming, hereby certify Page 8. Mat | to of the ut unless sooner teruinated under the Living o¢ hereafter by auendaent bh wee? thie inetresent ndditionel invested in writing coneent of Trae? ‘he living the Lifetime the to be held, Trustee thie daring nasign, ate tion full Truatee in whole agreement | in interest beneficially ‘ivered of time any At (a) State the Terainate or Auend To of hawe the neraemeant « thie o ova shall Sonor ‘the is meking of time Uteh of inour neo ot LoAme under interpreted oF Ute comured hall Bt aad purchare mich from be shall epreenent ‘tThie Li. the m ue te ant estate of a part cena, ging seourltice or pr marty any estate much of reorasentative ieeel the from dse purcha sathortoixe exprenely ie Trustee the estate norte of the oF ngatention the pretervelion for or advisable necessary ACMKENT S036, by at executed tn triplicate at Sui t Lace City, Sal$ ieace Comty, ‘ee Thet Syuet om 7s 7 ee in hereby Gtiale of Uteh concideraticn created Weber | County, sn Onn Ye (haretuafter of and sesigned, acgign, tranefer the Kioe of ealled the by to the the teceip= traneferred whereef and end deliver, Donor Le hereby delivered, to +the the Truster 1 ah £% we ees the mi ooniveye.the aaseribed in *8* nttaghed herete, ani the BeRane, Loveng the ssue s¢ a Trust the entire "net Pehibit sai d.etrivate taree end conditiones Tnoowe fo Vite §86©6—he Tenses ghall Trust Mand dohn Houte) of Ogdem, ive. the inoome® Coe Pas RP ey >. i 7 Gee 3 AL, ee rag or a ee Rrowning doiphter in in the the one-kbalf ante % sk tO Pe (eho tatehe tn her . Bi as yp srk, Eee. Sip. $F eiadake a marr’ ngre) equal ehar ae # anid ineome Men. eh the part of : cn oe es ei O« Aloe ay ‘ Th pale Moke , waioh i dy. ga, I R. ila, Sia oer be egy Pomd . eat “ei Tranteoa of inate in fel Lowl ng Fhabe {~w howe ne she tie oe a the a shall one-half and eh\ Come Eag #2. if ‘Peet. ih HeTrice the tvewning, oy the searriare Live ee to hold, Crom . aie ipa we cress woo ae te, property Kid noaartiace * og pie pro ne real : presente a Geyvi¢ged + pier.ww lone the chy alg ae tere the event of the des th of one of Nrowning, the to the ghare the if BO bt, aald Bayh the decenred SOF, 20 live. fonn Brevening, TOHALA here rearrisce the Living to stizpes i of surviving ¢ om @pon her theail be paid enld-dmuhtere ™ Ghali Devbuve Hrade@ente imecwe deughtere ohe PERM John De 2 Lone evi oF * a8 of hey 8 P sya before the evans John ce wee e incone* < 1 BOS a of Ute, (it aie wee ‘magn t ore either ; eo - per gcoue te eaid . to est % event of @o Rs, before ecild in heve % befara deughterea cade a gee AB omer, the wmerrfied. ehalil PR Prowilng Yaber County, mein Sai om ~MUetee Ss the nerromnl attached, en City, Yi of s UY hereto oe a sovnowledced, "A* Live@ Leake ee Trust eo in Bxhibit a of ‘raetee), QR; Geageorived ie State Sait i Bn ie ei ee sogeptanor » be veyoent (71.00), Johor hes age8 Alas eR of one dollar ohae SS WBA day of _. a between Jo bn Browiiing of oeden, Utah (hereinafter onlie d the Donex) Galt Leetie) He a ceecehee % Divieion into Shares Se Upon the death of enid Gre. John Browning, the Trust Pand ehellbe divided into part to be given, transferred end nane wae Deatrioe 1. before given, transferred Browning and genveyed eonveyed to being caughtexrs of anid Donot. Shell predegease the upon the death of anid diughter ehelk be given, enid predecenned desoendante If of of peid said end any, ghall lerfui daughtern om’ if daughter, be added te aeperste parts, one Rioe (whose snrvriage) end one part to be Browning, both of said persone elther of said deughtere then and in that event shore of scald orelscensed te the lowful deecendants there living are no of Leefal. thei the share of eeid pre~ the share oredeo of the Living deupirte: mid wife of said Donor end ond in that event the shares Aesoendants, then be tretieferreé to the bast, hall only be meie when be on hend for charge or ehali elven ami ohell deem Lewtul haire of Sonor. Goendithrift Se the “suet Clauce income peyuen er oftener ae the Traetee and ap such imoome, after it ehell ami not by way anticipation and no ei@umbrence of such ineqae anticiontion shellbe of payment terarded by the of ecotued, any velicity or effect nor be part thereat any claimof eny creditor of any « payableby the Trustee instrament shall not be vledged, aseigned, nccelerated, anticipated under avy, nor ghell any #Roome be in any unnner of the Trustee for the debte, ox be subject to any contracts assignment of any provieiome traneferred, or encumbered subject or engagements Page 2. Should wiee be this sold, or in nny by any benefici~ in the banda or liabie or any other voluntary aliemetion or digpovition whateoever. any in Logeal or thoowe of hereanderby wey income Any whatsoever dievoesition, mich to mgnner shell shell liable eny but any beneficiary by tor Txuates, any have wise in Donor, 9. the transferred said John Dener, Gooner of Mre. however, eeid eni@ if daughters BO Living enid ¢f to Barbara of of eald predeoesred daughter Leave wife her it, wife daughter, adecensed both seid treo equal, wife of any benefioinr or involuntary eny beneficiary attenpt im any manner to antlolpate, interest, o¢ any pert retention of any judenent thereon, then thereof, eugh of ont encumber OY Gchax zo hie ox how the event the mee the interest of we.t. of attagheent or garaiehuent be paid adireetly im deares oxmecuition ony of Lesying the or aey clwpoae of, lnoome which would of tam soto otherwise of of tugh ever benetici~ euch heneficlery ehall in the diseretion of the Trustee be spplial diraot. for hey of suppert or maintenanoe, the “ruetes Trust ond Pand fron be or be ellowed *rented which ce ami fore it «ae derived, to eocumileate « pert of to be inverted to be diepored of on a part theree?y noummilations, or any pagt ‘hereof any be arplied the Trustees ac the Truates way properor eg Af eame wore = part of further that the i orevided dem the from time desirable, the of te tine by im derived ecowemlations of and controlled that income the hands vrineioal provided, however, ourrent ne the ia like free incowe aanner the wheali Trust be pee 1? ony or the tut ony vrovicien in thie not impaly the Truateuc expressly agreed in any any of or section oy affect injurioucly ehall eaetion thie of orovieion wether sone wiee affect other covteine’ or inonir of aight othereles inetyusent orovieion of this deolared that the Trustes timem, hot only any other ond ot a1. inetrament, thie section that my shell reajeqted. be Goneral Powers tt be ie of exercise amd possess end nay end muthorities incident or offtoe to the hove porere righte, the in or rewired ehall convenient for e discharge of this Trust ox dapliedly conferred upon or vested in hin but thea Pes ee etereesiy te hereby there rights, @ithori ties and peware in veoted oxi upon conferred sioediat in ea on Trustee the following the x poragrephs of thie Artiol@s to time i oy Bali ‘ne Trustee to well, 3 @hell convert, sy i ages | os iis hove the fall resonvert, se ste: Hite <n ta i Y age . a Ke. & Sa P avtition rk a ga me ye € or 2 ey wis exchany aes a8 — nti CAs mii at power 4 a: a os 2 ge ol miece property at any time parte thereof, or and wake, execute to comprising any claim and a pot at eae or interest ee deliver alk Traet much inatrumente oF expedient for gush warvone and refexence to the Pund or any thereof, Trustee tay retain and hold, any property or by the Donor hereunder of the Donor. To Invest oe The in euch or in bonds, to incurring without sueh contracts ar i: aeo Tite in so any heve been delivered to that way have been obtained the et time in the mortgcares or other invest any money stocks, notes, real oatate property, teal or eny pereonal, the or mile of truet funds, provided however, that Anvemtment, Sale or Lifetime of the without the feil imiicate other eritten hic within thixcty fo Manere Stock ‘the seid e6 he @hall epproval approvel investment 4. disposition, of Donnerso Long prior statute as by any and ef the by the with doing, Traetee direction the or dicapprovel (40) days after competent meke the to act, the Donor shali propoeed eale or requested to Trastee is hereby exprecely mithoriced end securities belongingto of stock and other ¢rust st eny time in hie own neme or in the Trustee; to vote eny atock in person waive ateckholder's of shares right or privilege any right or privilege to eubsacribe , gL etock; to eegent to any merger, other oreoperty, eorperationor interested by Virtueof thie by be held hereunder by the the setion and te euch or arrangesent; 4 which in or whose for Page by nromy; respect to thereto, this the eesent addition=- reorganisation of may be the Trustee or seourities therein other seat aurities with exchenge ant join ae war other or Tneluding eny semquire obligations to unite of nominee any otherwise or entarprice “gantes, in or invested of consolidation, or trust Trustee for nome the shell during been shares to such Pund he hee all oureuant deen regarding any hold held shall the “suetee unlesa Pand seourlties of to securities of lew frast Doner, ‘ruet Trustee be legally power any liability may Limited Vote er deen mrke being to pert ce we bay that may other investment no or without any : Trustee such wise, securities part or may heave in any such property, nece@ngary Trust Fund, be owners any may the lasued of absolute owner Reni or in thie paragraph Pand; to dedicate from time to time a part of elleye, smc highways and to contract to sell, to sell without #o lease for of thie Trast, or for any or eny part thereof esid or re-exchange lende ss often ae dewiveds; to grant end any ov deal ebove with appurtenant Purchasers from not ¥o Meke be of time any ot owning of part wh Lob 4% would hendia, oF dienose control, different from the ware te see to not the purchase money enc rersons that the terme be required dexnling of thie with traet are complied r stockholder oF ‘The Trustee may joim or unite with any othe or any parties beneficially Page Ge oF @therwise the the Trustee Agreenents stockholders of hereafter. sheil see and in Tramtee to of way the required dispose or ail te times title end seme to right, eny any the easenent and in interestec re~ te thereof, thereto similar whether some, epeoified, application shell the every ond eontrol, to handle, end any aenien oF oonvey release, Lendea pereon exohance to or prope ruy} eaid eny termination possible eny or personal with for beyond reel lende; lawful encumber} other erid be otherwise for about privileges or pledge oartition in or and either to interest righte to convey period; shorter te kind; ony of to Vacate ae often lende wald the on any terme, extending time of length any and te remubdivide mortgage, to consideration; of deal, benefit the protect thereof, charges that however, for exercise! be the menage, subdivisionor part partition ware improve, streets, Lande Trustee to parke, eeid may be esmowered thereof part any end Truet with given alwnysa, vrovided, shall ond arthoriged ia Trustee ae desired; the if ee corporate other Rotate landea G. leane oF Pund. Truat the of eubdivide or any aforeenid privileges end any to stocks of shares such of end ‘the consent extent seme Unrestricted the to &. eseenesments hereinbefore the vowers exexoised Kanace all to ALL To pay and oad deporit or ngreesent to thereto incidental edventage end purpose expenses and pian, euch to righte any any effectuate deoiened the in seourities or properties gimiler Sheree of stock holder for the purnose oy lawful agreement any such corporation soceptable At under ment To may auch deem prudent « Income Trastes or ny much and temas deposit dieeretion thereunder that: and of eny atock provisions es mey acpear shares ae the and may of interests Trustea determine hie decision (a) ony interest eecarity in held hereunder, thereander or dividend whieh ie oase seourities (b) the subsequent the eredited to principal, (¢) in the care | ‘parohaged at the Trustee shall ageainet ineome a premium which may be price the eamorticing without shell final, ef notes, velue bonds, the premium (4) any stock woon of the or iemaed shell immediately in connection be @hall coneidered as ptineipal end mot ae income: and (@) *net income® be neoruing from the enid Trust Fund sfter by sald Donor have been peid smi that money ineuranee now on real ments and property in eaid income tazes the on have or otherwise) or payment other of been Trust Pand payableby reagon the Traat Pund énd)the above items; and ont pay Txuat Fundaa the Trustee after md on insurance fire after aneoce~ any eheall have been chargeable paid, the to estate, of the Trust Fund all inheritance, texes shall caid (whether similar which the bes premium shail been paid. Out of the primeipal gift Pund Traet thie Trust of administering or other costs after poner held be dividendor Pund Trust at or debentures charge semey be purchased or maturity declared « portion constituting stogk «ale of diseount auy and shell be in with is inceme and wipeid considered right judg= ecorued to the Trustee, #ubsoription own received by the seourity entire of held by ite what of euch income, truest control the tine of the delivery as of enter into any voting the all management Peinoipal in hic however, efficient or unify the agrecment, ari Trustee io pringipal provided, concentrate truat more end may sleo eubedying any The what to to the Trustee Gatermine 7+ securing the and te that gorporation, euch of may be stock Trustee the in whieh in any corporation may deem of Tpusted of principal ativieable al this Trust, ie chargeable or grees for the the Trustees inoome of the ond income preperty ? ® taxes, general and special fees, expenses and liabilities -@olleetion, of the care, Trust may become defense order To holding, Pund for the chargeable, against assessmenta, legal of every end all kind expended or inourred protection or distribution the Pund or the Trustee administration, payment of which Trust ineluding the protection attack Trustee of priorityas he the may costa, shell charges, attorneys in the of this Trust and ite pay the above items in determine. Resign | S$. ‘The Trustee may then Living adult beneficiaries of resignby notice in the event of said Kre. John Browning, the inability wife then living, either may nominate and appoint as Trustee shall, have successor before that of conferred neither them shall of competent Trustees duties, powers Rice as said Donor be living, then eueh Trustee hereunder shall be the services nor Trust end of or if she be not and wife eny wife of Such diseretions herein-~ enxid shall Donor Company. Prustee. the said be In the daughters event or either appointed by a court and may retain jurisdietion. aeting and to time require, the exeoution of this secubities, property compensation for Such the written end Purchase Property agente agents, to entitled se authorized, and to hold incurred the reasonable and custodians, attorneys may about and and protect end Fand occasion in attorneys the in performed in ae as well administering and paid out of income or principalof the attorneys and custodians of the Trustee and ehell of the sete of acts of the Trustee. inetructions from Trust expenditures proper the propiety into employ ig and custodians agents aay be allowed Fund. Trustee cnd moneysof the and necessary the to trust, such to inquire for ocuipenkation time 10. Donor seid from execute if living, the Trust; "suse the Dener, BD. thie this Trust, hereunder, John of other of the Trustee aaid exeoution all the or removal of the Upon to resignation successor all delivered such of the daughters Trust. the reagonabie and just of the upon Trastes any Ge. of in writing Estate of may rely upon and not be obliged Donor tn the event that in the judgment of the Trustee it shall be Page 7. ® ? or Honerts eatate pregervation the Trugtee isc expressly each to loane Legal reorecentatives tesalting of Inetrasent ‘hie # éoh existing Powers Reserved ‘o Amend or or time woah nakrd OR beneficially from tine to de to teruinate this in Part, oF to modify {b) To aesign, and and deliver trenefer to ebe held, Truste all it. «nd distributed the terme end property personel ss part conditions hereot nor by any duration of thie Trust diall in no event, extend beyond, but unless sooner terminated vrovizions shall possibility, cease wholly of to-wit! surviving of the following persons, the voner any nawed, ani auenduent nereof named herenfeur by death the PERSTLAR ATL OE hereinabove Living a amend or edditional invested wanaged, to subjeot Lifetine at other of John Hrowmning, Page 8. hereby the the last and the now persons beneficiaries truest. the umiereigned, under certify to of the Truet of he thie in writing oF Traat Living on inetrument Donors to Fund REY trust, ‘by bad writing PRONE BOR eet Pee E RT. in ooneent the upon time the Add foregoing powers during fo Duration full Truete: in whole rust beve an this egreeuent the thie agreement. interest the to livered of the State the haws Terminate any At (a) no Donor sbell Donor ‘Yee 1. inour Loan. or under interpreted at the time of making to oF ond it ghall purchare une secured ie be shall eereement 11. mach from securities or to make and estate from te purchase vroperty any Donor'rs for loess liability tntexpretation estate euch of the of protection or anthorised the ef a parts mpromieing wed the representative legal the for advisable necessary now under e the mergon of Truet tion of property meme in the above end therein onlled fragt eete the therein out mentioned, end formvroing "Demer’:; that temar or and which enc Declaration ond woon whieh herenfterbe added therete under the ie to held, weneaged and dietributed br and I do hereby consent te, approve, ratify wil partieuvlara. be age: sald truete may serececnt Trustees and confimm therein the the nened, seme in , rie... hie Teuet hee been acceptedby the Trugtes in the State of Uteh, and allquestione pertaining to ite validity, construction sand ateininteration shell be deteralH®4 in ? Pee we the State of Utah. cccordanne with the leave of