Dacember 24, 1966 ir. Joseph E, Olsen S10 Gailer Place Glencale, California Dear kr. Olsens hes just been sent an opportunity to it Came. to @rs. she attemptec I shell want Your letter not attempt to consider May Olsen of yeaterday, to anawer study with 1t you addressed it completely further, the problem 1 eay first that results from the but 1 was trensfer to the interests like Very in Letter agreement thea much to Olsen trustees tracts regarding a trust patents have can within a ghows and that beeome trust. thet you should, if the parties it is the property agree possible, royalty done, not on when assigned trusts her proportion with us shares. Giving has a total of 508 contracts. 1 wonder to such a that they to thet cover but conveyed had I royalty trust agreenent stock, not counting those | Your 1 have meantime working trustees. Shares. trust until the of the shares in the family trust is 216.72 her the advamtape of the fraction, she thus royalty Marriner, hurriedly. the number of interests thought thet the family will be revoked immediately before the ie made. &rs, Olsen hes 291 shares of to in to it read I have to me. down if trust, the We should thus creating the cannet the entire Browning- make con~ them. Their powers of Thst, aeem to be very broad in that regard. The proposed royalty truet requires payment to be mode to each beneficiary during his lifetime, anc thereafter in aeccordence with his exercise of a power of eppointment, or in default thereof, te his heirs at law, That wight well anc probably would result in a disyou will ompmeede, may not be dene. The only see, in which your trust will be recognized tribution of your elternative I can @s a stockholder, trust. is one trust wilil to have money contrary royalty trust to the terss in which your be the beneficiary, stockholders and an entirely different one in which the other will be the beneficiaries. That, all of use here of moneys feel, should handling and it others be avoided is if possible. injected, might even be that your in their solace, even to arrangesent . the very time cifficulties another are method increased, trustees say not substitute the extent required by such an