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rM <br />EM <br />or to act as separate trusr:ce or trustees of all or any such property, with <br />such powers as may be. provided in the instrument of appointment, and to <br />vest in such corporation or person or persons as such separate trustee or <br />co -trustee any property, title, right or Power deemed necessary or desirable. <br />In the event that the City shall not have joined in such appointment within <br />fifteen days after the receipt by it of a request so to do, the Trustee alone <br />shall have power to make such appointment. Should any deed, conveyance <br />or instrument in writing from the City be required by the separate trustee or <br />co -trustee so appointed for more fully and certainly vesting in and confirming <br />to him or it such properties, rights, powers, trusts, duties and obligations, <br />any and all such deeds, conveyances and instruments in writing shall, on <br />request, be executed, acknowledged and delivered by the City. Every such <br />co -trustee and separate trustee shall, to the extent permitted by law, be <br />appointed subject to the following provisions and conditions, namely: <br />(1) The bonds shall be authenticated and delivered, and <br />all powers, duties, obligations and rights conferred <br />upon the Trustee in respect of the custody of all <br />money and securities pledged or deposited hereunder, <br />shall be exercised solely by the Trustee; and <br />(2) The Trustee, at any time by an instrument in writing, <br />may remove any such separate trustee or co -trustee. <br />Every instrument, other than this Indertu.re, appointing any such <br />co -trustee or separate trustee, shall refer to this Indenture and the conditions <br />of this Article XI expressed, and upon the acceptance in writing by such <br />separate trustee or co -trustee, he, they or it shall be vested with the estates <br />or property specified in such instrument, jointly with the Trustee (except insofar <br />as local lave ;Hakes it necessary for any separate trustee to act alone), subject <br />to all the trusts, conditions and provisions of this Indenture. Any such separate <br />trustee or co -trustee may at any time, by an instrument in writing, constitute <br />