HomeMy WebLinkAbout897549 RECEIVED
DURABLE POWER OF ATTORNE~COLN COUNTY CLER~
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I, Ruth H. Petersen, being a person
hereby make, constitute and appoint my daughter, Gay Bates, of Fairview, Lincoln County,
Wyoming, my true and lawful attorney-in-fact as hereinafter set forth.
I hereby acknowledge and state that this Durable Power of Attorney has been made
and executed in accordance with the provisions of Wyoming Statutes Sections 3-5-101 to
3-5-103, and in anticipation of infirmity resulting from injury, old age, senility, blindness,
disease or other similar cause.
III
I further expressly state that this power shall not become ineffective by reason of
any subsequent change in my mental or physical-condition including, but not restricted to,
incompetency or disability.
IV
This Durable Power of Attorney shall be effective until my attorney-in-fact has actual
knowledge of my death or until the recording of an instrument of revocation, with a true
copy of this Durable Power of Attorney attached, in the Office of the County Clerk of the
county in which I reside at the time such revocation is filed.
V
I further declare, and stipulate that from and after the date of execution hereof, this
General Power of Attorney, shall be effective without condition or limitation over all
property, whether real or persOnal, tangible or intangible, which I may now own or hereafter
acquire, and wheresoever situated.
VI
This General Power of Attorney shall be exercised solely by Gay Bates; however, in
the event Gay Bates dies, ceases to act, refuses or is unable to serve, resigns or is
removed for cause by a court, then and in such event, in order to provide for succession, I
hereby appoint the following persons to serve as consecutive alternates to her to serve in
the order specified: my sons, Lyle H Petersen; and Kim H
attorneys-in-fact will be required to furnish or maintain bond.
Petersen.
None of my
VII
My attorneY-in-fact shall have complete authority to provide for the care of my person
and property and, in addition thereto but without limitation upon the generality of the
foregoing, my attorney-in-fact shall have the power to:
Demand, sue for, collect, receive and hold all sums of money, dividends interest,
payments on account of debts and legacies and all property now due or which
hereafter may become due and owing to me, and give good valid receipts and
discharges for such payments.
Buy, sell, assign, transfer, acknowledge and deliver stocks, bonds and other
securities standing 'n my name or belonging to me at such prices as shall seem
appropriate to my attorney-in-fact.
Borrow money and pledge securities for such
attorney-in-fact such action is necessary.
loans if in the judgment of my
Consent in my name to reorganization and mergers, and to the exchange of
securities for new securities.
Manage real property; to sell, convey and mortgage realty; to foreclose mortgages;
to take title to property in my name if my attorney-in-fact thinks proper; to execute,
acknowledge and deliver deeds to real property, mortgages, releases,
satisfactions and other instruments relating to realty which my attorney-in-fact
considers necessary; and to record this Durable Power of Attorney concurrently
with such deeds, mortgages, releases, satisfactions and Other instruments relating
to realty.
Procure, pay for and maintain such insurance on tangible personal property or the
improvements upon real estate as my attorney-in-fact deems appropriate.
Do business with banks, and particularly to endorse all checks and drafts made
payable to my order and collect the proceeds thereof, and further, to enter into and
deposit therein or withdraw therefrom property of every kind, tangible or intangible,
from safe deposit boxes standing in my name or in the name of my attorney-in-fact
2
at any bank wherever situated in which I shall at any time have a safe deposit box
registered in my name or in the name of my attorney-in-fact.
Sign in my name checks on all accounts standing in my name, and to withdraw
funds from said accounts; to open accounts in my name or in the name of my
attOrney-in- fact.
o
Assign and convey real and personal property which I may now own or hereafter
acquire into any living trust created by me; any such property to be held,
administered and distributed pursuant to the terms thereof.
10.
11.
12.
Make such payments and expenditures as may be necessary in connection with
any of the foregoing matters or with the administration of my affairs.
Retain counsel and attorneys on my behalf; to appear for me in all actions and
proceedings to which I may be a party in the courts of the State of Wyoming or
any other state in the United States, in the United States courts; to commence
actions and proceedings in my name if necessary; and to sign and verify in my
name all complaints, petitions, answers and other pleadings of every description.
Make and verifY income tax returns, and to represent me in all income tax matters
before any office of the Internal Revenue Service, within the limitations of the
applicable Revenue Rulings andProcedures.
13.
Act as trustee for any trust for which I am the duly appointed and acting trustee
under any trust agreement or other doCument.
VIII
. My attorney-in-fact shall be entitled to reimbursement for reasonable expenses
incurred in the performance of his duties and to a reasonable compensation for services
rendered hereunder, payable out of my income and assets. My attorney-in-fact shall' be
required to account to me or my legal representative only when requested in writing to do
so by myself or my legal representative.
2001.
IN WITNESS WHEREOF, I have hereunto set my hand as of this 5th day of June,
Ruth H. Petersen
STATE OF WYOMING
COUNTY OF LINCOLN
SS.
The foregoing Durable Power of Attorney was acknowledged before me by Ruth H.
Petersen this 5th day of June, 2001.
Witness my hand and official seal.
~ State Of ~
~ Unc61n ~ Wyoming ~;
My commission expires: February 26, 2004.
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