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The Pamphlet Collection of Sir Robert Stout: Volume 50

XIII. — Reservation of other Rights


Reservation of other Rights.

The grantors hereby reserve to themselves during their lives, and hereby reserve and grant to the one who shall survive the other, during his or her life:
1.The right to absolute dominion over the personal property, which they, or either of them, may hereafter give to said Trustees, or their successors, and over the rents, issues and profits thereof.page 23
2.The right to absolute dominion over the rents, issues and profits of the real property hereby granted.
3.The right to improve, manage and control the trust property, as if this grant had not been made; but this reservation does not include the right or power to sell or encumber any of the real property granted.

All these rights, and all other rights reserved by and all powers and privileges given, or duties imposed upon, the grantors, or either of them, by the terms of this grant, shall be exercised, enjoyed and performed by said grantors, or either of them, as the case may be, without let or hinderance, and free from all interference from any source whatever, and from all duty to report their action, and from all liability to account in any manner therefor, and from all liability for waste, loss, misappropriation, or for any act or deed whatever, by them, or either of them, done or permitted.