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Show ART. 20. INJUNCTION — LIMITATIONS: The Trustees are hereby enjoined to refrain from any actual or pretended issue or sale of capital stock in or of their Estate, such being a corporation prerogative; nor shall they issue or sell shares, equities, units, fractions or undivided interests, legal, beneficial or equitable, in the Estate, either of which would be prejudicial to purity of Estate Holding and in contravention of the fundamentals of the "Hulbert Plan of Property Conservation and Administration" herein employed and adopted. The Trustees shall not provided, to be property of or sales, nor is construe Expectancy Fractions, herein which they are capable of making gifts it possible to issue, offer for sale, or sell such Expectancy Fractions, they being provided for the convenience of the Board in Accounting and Apportioning in distributions, and do not express or imply property or property rights of any nature. ART. 21. AMENDMENTS: While Conveyance and Delivery of Properties herein described and referred to is irrevocable, should any part or portion of these articles of covenant, whatsoever, be construed by any Court to be contrary to or in contravention of law, it is the purpose and intention of all parties hereto, that in so far as this Conveyance and Contract is legal it shall continue in full force and effect and the Trustees shall operate thereunder. These Articles of Covenant for formal administration may be altered and/or amended at any time by the full membership of the then acting Board of Trustees jointly executing and at-— taching an appendix hereto, a copy of which with due reference hereto should be recorded in public records wherever this original instrument was previously recorded. ART. 22. TAXATION— LICENSE: These Trustees, being Natural Persons, have the constitutional right to transact business in any and every State free from requirements imposed upon artificial entities, but should the Trustees engage in a licensable occupation, they, like other citizens, should and must procure the same license. These Trustees. are to pay the usual taxes on their physical properties wherever located and assessed unless exempted, also their annual income tax unless exempted by reason of distributions to beneficiaries, as provided for under Federal Law. Arrangements have been made for the use of the "Hulbert Plan" and all royalty is fully paid. ART. 25. EXPECTANCY: tration and Apportioning in under this come therefrom) each to be Administration termed or words as no increased, nor is hereby as names shall For convenience in distributions, the (not the divided Expectancy Estate into One Fraction Accounting, Regisentire Expectancy Properties nor Thousand Fractions, and expressed by the in- numbers such gross number never to be changed or the figures thereof be construed to be any (9) |