I, DAVID PACKARD, declare that this is my will.
First: I revoke all wills and codicils that I have previously made.
Second: I am a widower. I have four (4) children:
DAVID WOODLEY PACKARD, NANCY PACKARD BURNETT,
SUSAN PACKARD ORR and JULIE PACKARD STEPHENS.
Third: I nominate as executors ("executor") of this
those of my
children who are competent and willing to act. No bond shall be required
of the executor of this will.
Fourth: I give to my issue who survive me, by right
my jewelry, clothing, household furniture and furnishings, automobiles and
other articles of tangible personal property not disposed of in any other
Fifth: I give the residue of my estate to THE DAVID
PACKARD FOUNDATION; provided, however, if at the time of my
death said foundation is not then in existence or is not then described in
section 2055 of the Internal Revenue Code of 1986, as amended, then I
give the residue of my estate instead to such one or more organizations
then described in said sections and in such proportions as my executor in
my executor's absolute and uncontrolled discretion may select.
Sixth: A. I authorize (but do not require) my executor:
1. To sell, with or without
at either public or private sale, and to
encumber or lease any property belonging to my estate, subject only to
such confirmation of court as may be required by law.
2. To invest and reinvent estate
in such common or preferred
stocks, shares of investment trusts, investment companies, bonds,
debentures, mortgages, deeds of trust, notes, real estate or other property
as to my executor may seem proper, subject only to such authorization of
court as may be required by law.
I subscribe my name to this will this 20th day of August, 1987, at Los
The foregoing instrument was by DAVID PACKARD, the
signed in our presence and in the presence of each of us, and at the time of
his subscribing said instrument he declared to us and to each of us that it
was his will, and at his request and in his presence and in the presence of
each other we hereto subscribe our names as witnesses thereto, all on the
date last above written.
[signatures of 2 witnesses]
We hereby declare under penalty of perjury that the following is true and
correct: This will, of which this declaration is a part, was personally signed
today by DAVID PACKARD, the maker thereof, in our presence and in
the presence of each of us, and at the time of his subscribing said
instrument, he declared to us and to each of us that it was his will, and at
his request and in his presence and in the presence of each other we signed
our names as witnesses thereto. The maker of this will is over eighteen
(18) years of age and appears to be of sound mind. We have no
knowledge of any facts indicating that this will, or any part of it, was
procured by duress, menace, fraud or undue influence. This declaration
and the above attestation are executed on the date and at the place set
forth above the maker's signature.
[signatures of two witnesses]