Helen Porter Armstrong - Dame Nellie Melba - NRS-13660-13-943-Series 4 175192 AF00174122 - Flipbook - Page 38
(i) To invest all moneys liable to be invested under my
A.11 in the names or under the le-al control of my Trustees
in or upon first mortgages (contributory or otherwise) of
real estate (including lands conditionally purchased from the
Crown and lands leased from the Crown and of which the lessee
10 entitled to acquire a fee simple) in Australia or Great
Britain or in or upon Parliamentary Stocks or funds or Government or Municipal debentures or securities in any part of the
Briti sh Empire or the tOted States of America or on fixed
deposit in any Bans 11 Australasia or Great Britain or on
mortgage (contributory or otherwise) of an property or share
or :Interest in any property which may be allotted or appropriated to any person by my Trustees or any of them under the
power in that behalf hereinbefore contained or on any investment
authorised by law in Aust;n3k ia or 'treat Britain for investment
of trust funds at the discretion of my Trustees with liberty
to change such investments at their discretion
Witness/ W.Stawell
V.G.Watson
(6)
NELLIE MELBA
for any other or others of the kinds prescribed
(P To appoint any person or persons to be the attorney
or attorneys agent or agents of my Trustees or any of them
(in the event of one of my Trustees being temporarily unable
or unwillinj to act by reason of illness or absence from the
locality where any act is to be done) to exercise all or any
of the powers and discrotions hereby given to my Trustees
subject to such conditions and upon such terms as my Trustees
shall thini: fit and my Trustees shall not be liable or
responsible for any default on the part of such attorney or
attorneys or agent or agents.
8. 1
(MR my Trustees in their discretion but uring any
prior interest only with the consent of the person or persons
having such interest to raise any part or parts not exceeding in
the whole one half of the the.expectant presumptive or vested