HomeMy WebLinkAboutLAWRENCE EAGLE TRIBUNE REALTY TRUSTt ~dBUN*. ~, aALT i~ TitUST
V.,'e, I~in~ E. Rc~jers, h~ng E. 2'~s, Ir, R'~ha B, R~r~ and
William F. L:~c~y, all ~ A~dover, ~:~ssachusett~ hereby ~lare fl~at we will
hold any and all cropsrV of v:hataver eamc or nature that nmy ~e co~ey~ or
othmxvtse tranafe~v~d to and acce3ted by us as treat.s render this Declaration
of Trust, toy. e~aor wiCq the ~,rocecds and m;ofits thereof, In trust, to manat:e
and ?'.-~--¥, of ~ ......
~t~.~e ~1-~ ~-,~,e for ' ~ Of
zh~ros i:~aacd hereunder, in ~a manner ~d s,~ject to C~e s~tpuh~tions herein-
and their '- -~ ~o :,- -- -, ~. r~
o~cc~,s~zo in t,~i. c,Al~,~ capaci~, shall
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a-?Sera aaa William F. Lucey, shall hold office until fi~e ~irst armual rneetinyj
shareholders, or unri! C:cir s~:ccezsors arc duly el~t~ and
The s~areholdc~cs entitled to vote shall, at eoch annual meeting, or
t,h&reoi; el~t ~ast~ s~icient in n~zber to ~ke ~e place ~ ~e t~t~
wh~e term~ have explr~ by limt~tlon or ~h~vise, said newiy-el~t~ trus-
tees to se~e for ~he teem of one y~r a~ ensuing, or until their
are duly el~t~ a~ quali/i~. Ia ~a~ ~ent ~ ~e d~fl~, raaigmafion, r~al
or'incapaci~, to act oi any of the ~st~, tl~e refining ~t~ or ~t~
shall fill a~y vac~ncie~ for the u~ex~r~2 term. Aa s~n as any ~.mtee or
tr:.~stees ei~t~ D/~e i:haceholdera e~tItl~ t~ vom or by ~he remaking
t=.,.., or r:-u:~tec:s to fill a v:ca?,cv .... v ...... ~,~d
~ruatee~, ia trr~t for C~e purpose herein contatacq, without any fur~er act or
ARTICLE
The ~-'""
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and wl~ roaI ~tate or any int2r~t ~reia,
,.~caine~, apear~t,~, and appliances ,.a every cl~uract~ a~ ~c~g~n ar~
ootlons therefor; to ~ecuto d~is, transfers, 1~ a~ o~ i~tm~m~ ~
a~ ki~; to ~orrmv moa%, aa~ to ~,,iv. m~es thereof ~lndtng t~e ~s~ of ~e
W~t; to mortgag~ ei~qer wmq or vam~t ~wer ~ sai=; to im~ee or
-" ' ' ~ .... ar~,.ol~zs or wczto~ may
tnm:~ or o~cers of fi~ trus~ may ~ a ram~r, officer, ~racmr,
mo, or In v;atch he or ~h~y may b~ ftnm~ially tn~r~t~, ~ea fi~;~ such
p. ~t~a such firm, corporally, or orga~tlon; nor
~d fi~e ~s~at lnteras~ of any t~st~ oc officar aff~ file valIdlrf ~ any
auch c~c~h~m, or ,.~qa~y such ~e~ or o~icar h~m v~Ing os ~ ~ct-
~{,_:~;r~r' '.. :,~.~ or.~ x.~:~=~n'. ~ ..... ~c',~'~"-~.,~.,~.x~..- any sba:es o~" which~_~ ..... bald ~y
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~n ~e signature of on~ ~us~ee alone ~ ~ the signore of a~ ~u~r ~ ~ld
,,. ~.~. VI!!
(a) The ~ust~s shall a~ all ~me,~ be ea~tt~ to ob~a~ a~ice of
rei~wars~ for all proper e~ndit~es,
~& ...... and r~elve reason~le com~nsatlgn for
heir semites as trust, s, apptl~n?;
,. ,.~.,~ .,. .t,~
;l~ri~l ~ssist~ as
i-ust and m~y cmsh~y
~c,,h~cal advisers, a~neys, b,~cers, cor~rat~ ~dac~arlez, d~i~ries,
:~:r~ratioi~, ~ershi~ (inct~ing a p~irtncrshlp or corporation ~ which
~n¢ or more ~ ~o trus~s i~ a ;~mLer or ~i~otder) a~ iLx'-~l~ir duties,
~,~:r sole discr~on shall
oae timo, iyy an tn~trumc~t in x,mitin,.; $i.sm~d ~ ~vl~ by him
(h) The number of the trustees may be chang~ and their te~z of ~flce
at any renT, tar me~xi~ af ~he s~are!:o~ers or a~ any spmiaI m~Iag
for that purple.
ART!CLE ~<
a :ITIJ~ E SI
Sabj~t re the rea~tctlons s~ forth in the follmving A~,lo XIII, ~o
~urpoae, which m~t ~ done fo~with neon r~zeipt ~ same.
~c-Vcance o2 ~he c~er, or the repo.-~ o~ the arbI~a
rots as to the ~! ua oi ~he- .,,~a~,-. . ~, ~e ~t~ shall Mve ~i~ (39), ~ya ~vi~fl
. .-,..,-,.-,:.~ ............ L .~: ~;'2::~i0 ~"" ~'' ~':'~'t~'''~
the ~ame or an accounting, aafln~ ~har~o~er ~hall have any fu~ ~
nor ~ o.~z~.~lae~s ulmtt ba ~rsoaaliy liable shall
A ;, T!CLE
*"'~ "'YC~'t ~ '" ' it! ~ .... ~"~t ' .... " ' .............. -'"
~Cy ' '
' '"-'~ ~ ~= ''~ "~'
valid a~':d ~'~cctlV~~:-" ' if
t,~ .......
am~uat' m~'ing or at ~ s~ial m~tLng ~1I~ for ~e pu~
(m) Allison L
(hi 5 n,:dra L,.
,,ole~rs of at
ti
at a meeting called for ~qat purpose, vxe to terminate this tru3t, and s,,.tch
la aex:ompanied by hhe wrlttea c~se~ of a majori~ ~ ~e th~ ~rmanent
existence for such farther, gerl~ om may ~ea ~ determin~ for the
wiadL~g up tim afLairs of the ~mst and liquidating i~ a~s~s, ar~ hhe hhea
tees shall coatinue in o/rice until sue~ duaes Mve ~a fully
t ..... n, a~ ,,,~., shall
T.,L E ~c!2rarion .-~ 'P
...,~,,.~ or alter~ In any
~..~ x~.,.etl~a from ~monal liabilitD~ ,~' the
.... a ~mrc.a, durs, at any a:nmal or s~ciat ~ ~
. .n~-a..o of the
~ifl~d the a~eat o~ a m~joNty of the tr~mes h~eta is obtainS; and ~ ~e ~
alteration or ame~drnent, the same shall ~ aRnch~ to a~ ~de a ~rt
th~ A~rce~ent, and a co~' th~rcg, with a ~tificate of the S~r~ as
t.,-~, ,z..~o h~:;aund~zr may 13e enTaS~J i:~ "', ",~ sad ~itenever
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