to be selected by such child, the person making such selection shall be permitted to take possession of the personal property so selected and my Executors shall have no further responsibility or obligation with respect thereto. In making selections for the issue of any deceased child or children of mine, the judgment of my Executors concerning the articles to be selected, the propriety thereof and the relative value thereof shall be binding and conclusive upon all persons interested in my estate, and no right or title in or to any of my said personal property so selected by my Executors shall vest in any of such issue, whether or not such issue or any of them are over or under the age of twenty-one (21) years, unless and until said Executors shall have made the division and delivery thereof provided for in the paragraph immediately following. My Executors shall divide among the issue of any deceased child, whether or not such issue or any of them are over or under the age of twenty-one (21) years, for whom selections have been made hereunder by agreement or otherwise, the personal property so selected, and their judgment in making such division shall be final and binding on all persons interested in my estate; Provided, However, that my Executors may hold, during the minority of any person or persons for whom selections have been made hereunder by agreement or otherwise, the personal property so selected and shall deliver said property to such person or persons when he, she or they respectively attain the age of twenty-one (21) years; or my Executors may, if they so elect, deliver such property to a parent or any legally appointed guardian of the property of such minor or minors, and upon making such delivery my Executors may obtain from such parent or guardian a receipt for such property and they shall thereupon be relieved from all responsibility or obligation in regard to such property and shall not be accountable for the application that the parent or guardian may make thereof. Whenever under this Paragraph (C) my Executors are permitted or required to give any notice, they shall not, when acting for the issue of any deceased child or children of mine in the manner herein provided, be required to give said notice to any of the issue of said deceased child FDR (MORE) |