CO129-482 - Public Offices - 1923 — Page 72

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or have paid a dividend on its ordinary shares. (●) Mortgages of leaseholds in the Colony of

Hongkong held for an unexpired term of Five years

And I declare that my Trustees may if they

think fit lend money on any such security in

conjunction with money advanced by any other

person or persons by way of contributory loan

and in such case the security may be taken in

the joint names of the several contributories

or any two or more of them or in the name of

any person to be nominated by the several

contributories or such other arrangement

8.

No

may be made in relation thereto as my irustees

may think fit.

rustees of this my Will shall be liable for

any loss not attributabl®:-

(a) lo his own dishonesty,

OF

(b) To the wilful commission by him of an act

known by him to be a breach of trust.

And in particuler he shall not be bound to take any

proceedings against a Co-Trustee for my breach or

alleged breach of trust committee by such Co-Trustee.

9. I direct that my Trustees may reimburse themselves

out of the trust promises all cost charges and

expenses incurred in or about the execution of the

aforesaid trusts and powers.

10. I further direct that the Trustees of this mY

Will may in their absolute and uncontrolled discretim

instead of acting personally employ and pay a Jolicitor

or any other person to transact my business or do

any act of whatever nature required to be done in

Connection with the administration of the trusts of my said Mill or anything arising thereunder including the receipt and payment of money and that any

Executor/