Macdougall Collection TrustRegistered

In event of a Trust Fund being created it will be used for the upkeep of the collection and the purposes of the trust and said trustees shall have the fullest powers and discretions in regard to the retention, realisation, investment, and administration and management of the trust fund and the income therefrom as if they were beneficial owners thereof, in the purchase of real or heritable poverty, or upon real or heritable security, or upon bonds, mortgages, debentures, debenture stock, deposit receipts, deposit or saving accounts, or upon preferance, gaurenteed deferred or ordinary stocks, shares or other securities of any bank, building society, insurance company, investment trust local authority, corporation, public trust or others and generally in and upon any securities, investments and others in which a person of ordinary prudence would invest his own funds.