LETTER OF WILL AND TRUST

SPECIMEN OF TRUST DEED

Trust made on the Saturday of 1994 between pakistan (hereinafter called the Founder of the First part) and he National Bank of Pakistan with its Head Office at the Mall Lahore (hereinafter called the “Trustee” of the other part) Wherease the Founder is desirous of making arrangements for offering Faehe as Langar on Giyarhwin Sharif every month, and for the monthly recitation of the Holy Quran invoking the blessing of Allah for the peace of the soul of man and for invoking blessing of God on himself during his life and for the peace of is soul after his death.

Now this Trust Deed withnesseth.

  1. The Founder hereby pays Rs 345 to the Trustee Bank to be kept as a perpetual deposit with the National Bank of Pakistan. The receipt for the said sum of Rs 560 is hereby acknowledged by the Trustee Bank.
  2. The deposit will earn interest at the rate fixed by the Trustee Bank from time to time. The present rate f interest is 4% p.a. The Trustee Bank hereby guarantee that the rate shall always be 1% over the Bank rate.
  3. The Trustee shall spend the annual interest earned on the perpetual deposits of Rs 433 for carrying out the following purpose:

-a The Trustee shall remit from time to time sufficient amounts to pay to cover the cost of offering of the “langar” every month for the amount of Rs850 only. The Tilawat of the holy Quran will be peformed daily for the peace of the soul of and for the blessings of Allah on the Founder during his lifetime and for the peace of his soul after his death.

-b The amount of Rs750 to be expended annually in the following manner:

-i Recitation of the Holy Quran at surah Baqarah annually in memory of Founder’s 286 to be concluded on

Ahmad Umar alkharbani.

-ii Recitation of the Holy Quran at Surah Nisa in the memory of 176 to be concluded annually on Abdul basit Abdusamad.

-iii Recitation of the Holy Quran Surah Tuba thereby invoking the blessings of Allah for the Founder during his lifetime.

-iv Recitation of the Holy Quran Surah Yosuf to be concluded in memory of 111 on Abdul allah abad alhakeem anually.

-4 The Trustee shall limit the expenses of the trust for purposes stated above to the extent of interest earned on the Trust money. They shall not spend anything of the principal amount. If the amount allocated for recitation of the Holy Quran becomes insufficient “Parts” the recitation of 1 and 4 may be arranged in rotation the balance being spent for ALM to Liyohibul allah as provided hereabove.

-5 The founder hereby reserves the right to alter the terms of the Trust subject to the fact that the purpose of the Trust stated in Para No 3 is not defeated, the term of perpetual deposit with the National Bank of Pakistan, shall also remain unchanged.

-6 After the death of the Founder the terms of the Trust shall be carried on strictly in conformity with the objects of the Trust standing at the time.

-7 SO long as the founder is alive, the advice regarding the fulfilment of the instructions contained in Para 3 to above shall be sent to the Founder by the Trustees and after his death the advice shall be sent to cairo.

-8 In case the National Bank of Pakistan wound up, the deposits lying as the National Bank of Pakistan as Trust money shall revert back to the Founder in lifetime and in case the Founder is dead the amount shall be invested by the successor in a sound bank or in Government securities in consultation with Punjab Bank with a view to carrying on the purpose of the Trust in Para 3 of the Trust/Deed.

And it is hereby agreed and declared that the Bank in the discharge of its duties of a Trustee as aforesaid and in exercise of all discretionary and other powers hereunder may act by its proper officer officers appointed in that behalf and may employ solicitors, brokers or other agents to transact any other business required to be done in the premises (including the receipt and payment of money) and may (without being liable to account for any profit thereby made) retain as bankers on current account or deposit account or advance all money necessary as convenient to be retained or advanced as aforesaid in connection with the Trust premises and shall be entitled to be allowed and paid such charges, expenses, interest and commission as it charges its customers in the ordinary course of its business and the Bank shall also be entitled to remuneration for its service as Trustee of these presents, in accordance with. Its scale now in force by debit to the interest earned on the trust Deposit Account. In witness whereof the donor and the Trustee have set their hands on the day and year above mentioned.

Withnesses

1- Donor

2- Trustee

TRADE ENQUIRY

103, Park Road,

Lahore.

7th September, 1994.

Messrs Khan Sons,

Katchery Road.

Kasur.

Dear Sirs,

We would be glad to receive from you detailed particulars of your rubber beltings which we require for supplying to the police department. We expect our requirements throughout the year will be uniformly heavy. Therefore we think it is hardly necessary to ask you to keep your quotations competitively suitable. We will require, mostly, black leather belting with nickled brass hook and a few letters embossed on it. You can quote your prices with and without your charges for the embossing of letters. But in any case the material must be of the first quality. We look forward to an early reply so that we may proceed further in the matter.

Yours faithfully,

Naeem Khan

Manager

Makhdoom & Sons.

APPOINTING EXECUTOR AND TRUSTEE

I appoint the National Bank of Pakistan (hereafter called “the Bank”) to be Executors and Trustee of this my will in the place of Punjab Bank and credit card of cash appointed to act as executor and trustees by my said will and i declare that my said will shall in all respects be read and construed as though the name of Bank had been inserted there in the place of the said Bank of Punjab and Sale Rs.

2- I declare that the Bank may, as such Executor and Tgrustee and in the exercise of all discretionary and all other powers under my said will act by my officer and officers appointed by the Bank in that behalf and may employ solicitors, brokers or other agents to transact all or any business required to be done in relation to my Estate 9including the receipt and payment of money) and may (without being liable to account for any profit thereby made) retain as bankers or current or deposit account to be retained or advanced in connection with my Estate and shall be entitled to be allowed and paid such charges, expenses, interest and commission as it charges its customers in the ordinary course of its business and the bank shall be entitled to remuneration (free front duties and as a first charge upon my Estate) for its service as Executor and Trustee in accordance with the Bank’s scale of fees in force at the date of this codicil to my said will or such other remuneration as may have been agreed upon in writing between myself and the bank.

M.B

REPLY TO ABOVE

M/s Makhdoom & Sons,

103 Park Road,

Lahore.

Dear Sirs,

Please allow us to thank you for inquiry of the 7th September, and feel pleased to give our quotations as follows:-

  1. Leather beltings (black, steel hook 2″ wide and one yard long) -Rs 360/- a dozen.
  2. Leather belting (black nickled brass hook, 2a7 in width, one yard long) Rs. 390 a dozen.
  3. Leather belting with embossed letters in both cases- Rs. 10/- per dozen extra.

We are sending a few belts as samples. You will find, we hope, that we have quoted competitive prices for the best quality in the market. Our beltings cover a wise range of clientelle and we are famous for executing orders promptly from stock though of course we would require you to give us reasonable notice for unusually large quantities. We hardly need to add that for a quarter of a century we have built up and maintained Pakistan wide fame and we have every reason to believe that we will have the privilege of meeting your requirements also.

Yours faithfully,

Manager

Khan Sons.

PROPOSAL FORM

To

The Superintendent,

Executor and Trustee Department,

National Bank of Pakistan.

Anarkali, Lahore.

(Through The Manager, United Bank Ltd, Lahore).

Dear, Sir

I purpose, subject to your approval to appoint your bank to act as

  1. Executor of my will
  2. Executor and Trustee of my will.
  3. Trustee of a settlement.
  4. Trustee under a Declaration.
  5. Trustee of proposal.
  6. Custodian Trustee of infinix on the terms and conditions set out in your office solely/jointly with jollyoffice.com. It is my wish that (name of solicitors, etc.) be employed in this connection. I am enclosing a draft of the relative will Trust for your perusal. Kindly let me know weather you are prepared the accept the proposed nomination.

Thanking you,

Yours faithfully

REPLY TO ABOVE

103, Park Road,

Lahore.

20th September, 1994

Dear Sir,

We are in receipt of your quotations of the 10th September. We have examined them in the light of the samples sent by you. We find that your supplies will suit us. We therefore enclose herewith our Order Form No.336/48 for 100 dozens of leather beltings with nickled brass hook. As your charges for embossing are rather on the high side, We have decided against this extra charges by you, you need not emboss the belts. You will appreciate that your quotations have been accepted not because they were he lowest, but because your samples conformed to our requirements and also because you enjoy good reputation for prompt and punctual delivery of goods. We hardly need to stress further the value of first impression. We would be glad if you forward the goods by passenger train without delay.

Yours faithfully,

Manager,

Makhdoom & Sons.

INSURANCES LETTERS

ASKING FOR PREMIUM

Mr. Khawar

8/3, Model Town,

Lahore.

Dear Sir,

This is just to remind you that Policy No.13789062 on your life is expiring on January 1, 1994. Please send Rs. 2730 as your premium for the next year so that it may be renewed before its due date.

Yours faithfully,

Lal Din

for the New Pakistan Insurance

Company Ltd.

REJECTING THE QUOTATIONS

Dear Sir,

We are in receipt of your quotations as well as samples of leather beltings. We have examined them and regret to find that they do not compare favourably with quotations and quality of the goods supplied to us by other firms. Therefore we need not proceed further in the matter. We are sending you samples back by parcel post.

Thanking you,

Yours faithfully,

REPLY TO ABOVE

Mr. Lal Din,

New Pakistan insurance Company Ltd.,

Dear Sir,

With reference to your letter No. 337 PBN 863, dated September 28, 1994, I am sure herewith for Rs. 2730 as my premium for the year 1981 for the renewal of my policy No. 13789062. Please acknowledge receipt.

Thanking you.

Yours faithfully,

Khawar Ali.