📄 Extracted Text (199 words)
(a) To retain for as long a period of time as they may
consider advisable or proper any property of any kind which may at any time
be in their hands.
(b) To sell at public or private sale or to exchange any
property which may at any time be in their hands, without application to
court, on any terms which they may consider advisable or proper, including
terms involving an extension of credit for any period of time and with or
without security.
(c) To invest in or otherwise acquire any property, real or
personal, of any kind, without limitation, without being bound by any
provision of law restricting investments by trustees, including but not limited
to common and preferred stocks, secured and unsecured obligations, mutual
and common funds, other securities, mortgages, and interests and options in
any of the foregoing.
(d) To acquire and retain property without regard to any
principles of diversification.
(e) To permit funds to remain uninvested, and to retain for
an unlimited period of time and to acquire and retain property which is not
productive of income.
444)14 I 7
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0096569
CONFIDENTIAL SDNY_GM_00242753
EFTA01391595
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