TO HOLD TITLE TO RENTAL REAL PROPERTY, COLLECT RENTAL INCOME, AND TO TURN OVER THE NET INCOME AFTER EXPENSES TO THE DISTRIBUTEE CORPORATIONS, INCLUDING THE FOLLOWING THREE ENTITIES; SUPERIOR OFFICERS COUNCIL RETIREE HEALTH & WELFARE FUND, A SECTION 501 (C) (9), LIEUTENANTS BENEVOLENT ASSOCIATION OF THE CITY OF NEW YORK, A SECTION 501 (C) (5) AND CAPTAINS ENDOWMENT ASSOCIATION, A SECTION 501 (C) (5).
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