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CM the Trustee as his, their or its agent or attorney-in-fact with full power and authority, to the extent authorized.. by lave, to do all acts and things and exercise all discretion authorized or permitted by him, them or it, for and on behalf of him, them or it and in his, their or its name. In case any separate trustee or co -trustee shall die, become incapable of acting, resign or be removed, all the estates, properties, rights, powers, trusts, duties and obligations of said separate trustee or co -trustee, so far as permitted by law, shall vest in and be exercised by the Trustee until the appointment of a new trustee or a successor to such separate trustee or co -trustee. Section 1115. Any bank or trust company with or into which the Co -Paying Agent may be merged or consolidated, or to which the assets and business of such Co -Paying Agent may be sold, shall be deemed the successor of such Co -Paying Agent for the purposes of this Indenture. If the position of Co -Paying Agent shall become vacant for any reason, the City may, within thirty (30) days thereafter appoint a bank or trust company as Co -Paying "Igent to fill such vacancy; provided, however, that if the City shall fail to appoint such Co -Paying Agent within said period, the Trustee may make such appointment. It shall not be mandatory that any vacancy in the position of Co -Paying Agent be filled.