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(e) * * * It is my intention that my wife under
the provisions of this trust have substan-
tially that degree of beneficial enjoyment of
this trust during her lifetime which the
principles of the law of trusts accord to a
person who is unqualifiedly designated as the
life beneficiary of a trust, and my Trustee
shall not exercise its discretion in a manner
which is not in accord with this expressed
intention. It is also my intention that my
Trustee shall invest this trust so that it
will produce for my wife during her lifetime
an income which is consistent with the value
of the trust property and with its preserva-
tion. Therefore, non-income producing prop-
erty shall not be held as a part of this
trust for more than a reasonable period of
time without the approval of my wife. In
addition, my wife may require my Trustee at
any time to either make any nonproductive
property of this trust productive or to con-
vert such nonproductive property to produc-
tive property within a reasonable period of
time. It is expressly provided that my
Trustee shall not in the exercise of its
discretion make any determination inconsis-
tent with the foregoing.
* * * * * * *
(8) Powers of * * * Trustee. In addition to such
powers as my * * * Trustee may have by law, I authorize
each of them, in their discretion, to exercise the
following powers, which at all times shall be exercised
in a fiduciary capacity for the benefit of the benefi-
ciaries herein: * * * to sell, exchange, grant options
and dispose of said property, real, personal, tangible
or intangible at such prices and on such terms as they
deem proper; * * * to invest and reinvest in any kind
of property, real, personal, tangible or intangible,
including, but not limited to, common trust funds,
stocks, options, futures, contracts, rights, warrants,
puts, calls, bonds, notes, mortgages, general or lim-
ited partnership interests, limited liability compa-
nies, savings accounts and certificates of deposit, and
similar liquid funds, mutual funds, real estate, and
stock of any corporate fiduciary serving hereunder or
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