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HomeMy WebLinkAbout0286_0101trustee, it appointed by order of Court, shall always be some responsible' so+rp*vete trust samara or bank with tmot powers, willing and able to asvespt the trust upon reasonable terms,* Axl' now Trusts* appointed hereunder sehalh essouto,, acknowledge szA deliver to the City an instrument accepting sueh appointment here- under, whiah seaial aaeoptanos shall be Ault' resardel in the office of said County Clark of Williamson County, axed thereupon the new Votes, shall become vested with identically the same title to said ,premises, and the some rights arA powers, s'ubjest to the same duties, as tha Trustee wborne it suoaeseds* Any Trustee *easing to net shall* however, on the written request of the City, or of the a** Trustes, exsrate and deliver ext instrument transferring to each new Trus toe a upon the trust t heroin. a xprossed, all the a ata to s ,' pr o— pertiss, rights, pacers and duties of the Truster no *easing in mot, and shall tuly asaign, transfer and deliver all property and loonies held by suoh Trustee, to its successor* The Trustee here- under may resign and des charge itself from the trust hereby created, by giving notice lit writing to the City of its inteaw tion, to resign not less* tan Thirty (Z0) days before such ".' s ignat i►on will take effects and the walling of such ado ties s, ad+ireesred to the City Secretary# shall be deemed to giving oaf s udh no t loo * That the Trustee bersin named or axW sueoessor to the said Trustee, srhall at all times have ttie pourer t© appoint mad employ such agents and assistants as may be xuo*ssary, useft3ll, or proper, In the execution of any of the matters an4 thus, +dune or to be tons in executing the said taus* t,, and 1st o ori ng eta r and ma,naging said prope artle s here is mentioned, axed shall have the poor r to ceharge # scaliest, atd receive from the said City, all reasonable fess„ Salaries,, comissions and compensation* due or that my bosoms dus to such employess or agents by reason thereon that the weed Trantee and itr sxaooessors In trast shall bave n lion on all the properties heroin nentio►ned, and on the revenues thereat to secure the payment of all such fees, Salaries, eon lssions and eras Onsations, q}