The Kings New York Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank is a legal document that establishes a trust relationship between these two financial institutions. It outlines the terms, conditions, and guidelines for managing certain financial transactions in the state of New York, with specific reference to "Kings" or areas within Kings County. In this agreement, Prudential Securities Incorporated acts as the trustee, entrusted with managing and administering the assets placed in the trust by The Chase Manhattan Bank, the granter. The main purpose of this agreement is to ensure the safekeeping and efficient handling of money, securities, and other assets held in trust by Prudential Securities on behalf of The Chase Manhattan Bank. The Kings New York Reference Trust Agreement encompasses various types that cater to specific financial needs and requirements. Some different types of Kings New York Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank include: 1. General Trust Agreement: This type of agreement governs the overall relationship and administration of assets held in trust. It covers a wide range of financial activities and provides a comprehensive framework for the management of trust assets. 2. Investment Trust Agreement: This agreement focuses on the investment aspects of the trust. It outlines the investment objectives, strategies, and guidelines for managing the trust's assets in order to achieve maximum returns while taking into consideration the risk tolerance and preferences of The Chase Manhattan Bank. 3. Securities Trust Agreement: This type of agreement specifically deals with the handling and management of securities held within the trust. It establishes procedures for safekeeping, transfers, purchases, sales, and any other related actions concerning securities. 4. Real Estate Trust Agreement: This agreement pertains to the management and administration of real estate assets owned by The Chase Manhattan Bank, which are placed in trust. It outlines the responsibilities and obligations of Prudential Securities in maintaining and maximizing the value of the real estate assets. The Kings New York Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank is a crucial legal document that ensures the proper handling and protection of assets placed in trust. It provides a clear framework and guidelines for the trustee in fulfilling their legal obligations and acts as a reference point for any future disputes or misunderstandings that may arise between the parties involved.