I, FRANKLIN D. ROOSEVELT, of the town of Hyde Park, in the County of Dutchess and State of New York, being of sound mind and memory do hereby make, ordain, publish and declare this to be my last Will and Testament. First:- I direct that all of my just debts, funeral and testamentary expenses be paid. Second:- I give and bequeath unto my Trustee, hereinafter named, to be held by it IN TRUST for the following uses and purposes, all of the erst of my personal property, such as money, cash in banks, stocks, bonds and mortgages and bonds and all securities of every kind which I may own at the time of my decease. Said Truseee shall invest the said personal property in good securities and keep it so invested and collect the interest and income therefrom and pay to my wife ANNA ELEANOR ROOSEVELT the said interest and income from said trust fund, in quarterly payments, during her life. I hereby authorize and empower my said Trustee to call in and change the securities somposing such trust fund at such time or times as it shall seem proper to do so for the best interests of such fund. Said Trustee shall reinvest the proceeds of securities sold in such securities as said Trustee shall consider safe and prober for trust funds to be invested in. I hereby authorise said Trustee to retain such of my securities in said trust fund, as it shall consider proper for such purpose. If a premium shall be paid by my said Trustee for any security purchased for this trust fund, such premium shall not be charged against the income but shall be charged against capital. Third:- Upon the death of my said wife ANNA ELEANOR ROOSEVELT I direct my said Trustee to pay over abd deliver the capital of (MORE) |