10. Powers concerning securities in companies

{a}

for the reorganisation or reconstruction of the company;

{b J for the sale of all or any part of the property and undertaking of the company to another company;

(cJ for the acquisition of the securities of the company, or of control of it, by another company;

(dJ for the merger, amalgamation or consolidation of the company with another company; or

(eJ for the release, modification or variation of any rights privileges or liabilities attached to the securities or any of them, in like manner as if they were entitled to such securities beneficially, with power to accept any securities of any denomination or description of the reconstructed or purchasing or new or surviving or consolidated company in lieu of or in exchange for all or any of the first mentioned securities; and the trustees shall not be responsible for any loss occasioned by any act or thing so done in good faith and may retain any securities so accepted as aforesaid for any period for which they could have properly retained the original securities.