income or of principal available to the person to whom a distribution Is under • consideration. LICRII • In extension and not in limitation of autbonty which the Trustee would otherwise have pursuant to lat.; or pursuant to the other provisions of this AgMernent, the Grantor directs that the truitee have the (oliowing discretionary powers: (a) : To retain for n Ioog slperiad of time as he may cansider advisable or proper any property of any kind which may at any time be in hia bands. .. (b) To gel* public or private ule or to exchange any properti:ittithinay at say time bo in httii4in; intliao application to any court, on any testis 'Mich he may Consider advisable or proper, including terns involving an extension of credit for' ny period of time and with or without sectilty.: ;.: : • : . • • (c) To nowire, buy, seli, coarnict to biry..contractro sel4I sell shim; birton margin, ael iange, engage in risk ae!iiri) .4.:„;;;oli t iasaFairins v ice/ with resixtt to,. and.trade in. docks (common or preferred),..:tiondlreiMioliligmions (secured or thnemited), secMities.of open-end and CiOSOO VIOTICC32t ricinipanies and common rust &GM, . other seciirities (instinct or oitsbacommOditles, forums, options, executory • enamels for the plarthasprirt Iscunne.s and commodities, mortgages, and other property, real or periso:onde any kind, whether similar or dissimilar to that specifically eniunnatedeaMI ;:lifitryfrif dr fMegoing, without bring bound by any provision of taw by trustees, and without regard to any prinemirs of (d) T sell or exercise conversion, talbscription and oder mho, and • warrants, puts, calla, nuoles, and other options, to make payments in connection therewith and to sell naked options, whether calls or puts, und to deal in other financial ornament (e) To snake any authorized transaction for cash crow credit or partly for rash • sad partly on credit, with or Without security, or partly or wholly with borrowed funds:" ...I