Future
division into shares after providing for annuities.
The rest, residue and remainder of my estate, real,
personal and mixed, I give, devise and bequeath to my executors named below in
trust, to manage and dispose of as directed in this instrument, the executors
to have power to sell and convey any and all stocks and securities and any real
estate not specifically devised in this instrument, according to their best
judgment whenever necessary or desirable, and to reinvest the proceeds of such
dealings, or any other funds, in other securities or in real estate, but except
for the payment of the bequests above set forth, the estate is to remain intact
until _________[date], upon which date, or as soon thereafter as
possible, my executors shall set apart and retain whatever real estate or
securities may seem to them necessary to yield sufficient income to insure and
protect the payment of the annuities provided, and the remainder of the items
comprising the estate shall be separately estimated and appraised and the whole
divided into eight equal parts or shares, one share to be allotted to each of
my five children above named and be delivered over to them absolutely, or in
the event of the death of any of them before the stated date, then the share of
such child or children so deceased shall be delivered to the lawful heir or
divided among the lawful heirs of the child or children so deceased. The
remaining three parts or shares shall be retained by my executors in trust and
managed by them and the income paid to my wife, _________, so long as she shall
live, and upon her death the three parts or shares and the remainder of my
estate, if any, after my executors shall have set apart and retained whatever
real estate or securities may seem to them necessary to yield sufficient income
to insure and protect the payment of any annuities provided and then remaining
to be paid, shall again be separately estimated and appraised and shall be
divided into five equal shares, one share to be allotted to each of my five
children and to be delivered over to them absolutely, or in the event of the
death in the meantime of any of them, then to the lawful heirs of the child or
children so deceased, as set forth. In the divisions provided for above, the
parties entitled to receive parts or shares shall, if possible, agree among
themselves as to which particular part or share each one shall have, but in the
event of their failure so to agree, the distribution shall be made by lot.