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Memorandum of Irrevocable Trust Minute
<br /> Trust Name:Irish Rifle Trust EIN#: 99--6463845
<br /> This Memorandum of Trust is made in entered into and between Kelsey Potter and Trustees
<br /> Eric E.Larson and Casandra A.Larson.
<br /> This memorandum of trust is subject to the terms,conditions, and provisions of the unrecorded
<br /> trust indenture whereby, Kelsey Potter created a certain trust called Irish Rifle Trust, and
<br /> appointed Eric E.Larson and Casandra A.Larson,Trustees, and Brittany Rayne Larson
<br /> (Wright)and Sarah Marie Larson as Successor Trustees, such stress being irrevocable.
<br /> The trust indenture includes the following clauses, which gives the trustees the authority and
<br /> power to deal with the trust.
<br /> The trustees,exercising collectively as a Board of Trustees, shall have absolute,full and sole
<br /> authority over the control,management and administration of the trust property and its affairs,
<br /> for the benefit of the Beneficiaries. They have full authority to make amendments,resolutions
<br /> and by-laws that shall be consistent with the intent and purpose of this indenture.All significant
<br /> decisions and actions for the trust shall be by the trustees acting unanimously.
<br /> The trustee shall have full authority to hold undivided interest in,and to determine,at their
<br /> discretion,what is principle and income,what, if any,is distributed to beneficiaries,what is
<br /> allocated as income,principle, and expanse, and what, if any,is established and/or maintained as
<br /> reserves for depreciation.
<br /> The trustee shall not have any general powers,but will have any/all power to carry out the intent
<br /> and purpose of this indenture in the following specific powers.
<br /> ecific
<br /> To conserve the property, commercialize the resources and extend any established line of
<br /> investment for the benefit of the trust,to deposit and hold trust funds in both interest bearing and
<br /> non-
<br /> interest-bearing accounts offered by any bank,to buy, sell,continue,operate,manage, or
<br /> liquidate any business interest of the trust.
<br /> To buy, sell,lease,receive, exchange,convey, or pledge for security any/all trust property and
<br /> assets and exercise any/all rights,powers,privileges, and authority that give any absolute owner
<br /> of such property can do, to receive and collect gifts, contributions, and endowments,to give to
<br /> any charitable purpose harmonious with the intent of this trust.
<br /> To create new trusts, organizations,or corporations,to enter and engage in any lawful contracts
<br /> with, including,but not limited to,natural or legal persons,trust, corporations,partnerships,
<br /> associations, or other joint ventures under the name of this trust or any other alias or assumed
<br /> name, and to operate,distribute,diversify,change,liquidate,or other rights were on the trust.
<br /> To buy, sell,underwrite, invest and reinvest in,exchange or otherwise acquire,and to hold,
<br /> manage, develop,trade, sell,"short",Deal with and turn to account,either in cash or on margin,
<br /> any securities of any kind, including but not limited to,stocks,bonds, commodities,mutual
<br /> funds, and common trust funds established by any bank or Trust Company,and/or stocks,bonds,
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