 All that can be required of a trustee to invest, is that he shall conduct himself faithfully, and exercise a sound discretion. He is to observe how men of prudence, discretion, and intelligence manage their own affairs, not in regard to speculation, but...  The Northeastern Reporter - Σελίδα 971891Πλήρης προβολή - Σχετικά με αυτό το βιβλίο
 | Irving Browne - 1889 - 824 σελίδες
...not in regard to speculation, but in regard to the permanent disposition of . 478 Hunt, Appellant. their funds, considering the probable income, as well...the probable safety of the capital to be invested." In that case investments in stocks of an incorporated manufacturing company and of an incorporated... | |
 | James Barr Ames - 1893 - 548 σελίδες
...with good faith and sound discretion, and must, as laid down in Harvard College o. Amory, at page 461, "observe how men of prudence, discretion, and intelligence...invested." It is said in the opinion in Brown v. French, ubi supra: "If a more strict and precise rule should be deemed expedient, it must be enacted by the... | |
 | Frank Sumner Rice, William Lawrence Clark - 1898 - 792 σελίδες
...conduct himself faithfully and exercise a sound discretion, lie is to observe how men of pri'dence, discretion and intelligence manage their own affairs,...the probable safety of the capital to be invested." The very recent case of New England Trust Co. v. Eaton (140 Mass. 582), reaffirms the doctrine of the... | |
 | 1901 - 1156 σελίδες
...College v. Amory, supra; 2 Beach, Trusts, § 525. Referring to the general rule that a trustee is to observe how men of prudence, discretion, and Intelligence...income as well as the probable safety of the capital to he invested, Chief Justice Gray, in a Massachusetts case, said: "If a more strict or precise rule should... | |
 | Albert Hutchinson Putney - 1908 - 366 σελίδες
...trustee to invest is, that he shall conduct himself faithfully and exercise a sound discretion. He is to observe how men of prudence, discretion, and intelligence...the probable safety of the capital to be invested." SECTION 32. DELEGATION OF AUTHORITY BY TRUSTEES. A trustee is only authorized to delegate his authority... | |
 | Abraham Clark Freeman - 1910 - 1276 σελίδες
...trustee to invest is, that he shall conduct himself faithfully and exercise a sound discretion. He is to observe how men of prudence, discretion and intelligence...the probable safety, of the capital to be invested." In Brown v. French, 125 Mass. 410, 28 Am. Rep. 254, a trustee who in the exercise of his discretion... | |
 | Thaddeus Davis Kenneson - 1911 - 648 σελίδες
...trustee to invest is that he shall conduct himself faithfully and exercise a sound discretion. He is to observe how men of prudence, discretion and intelligence...the probable safety of the capital to be invested." Harvard College v. Amory, 9 Pick. (Muss.) 446, 461 (1830), per Putnam, J. Trustees in Massachusetts... | |
 | Paul Clay - 1916 - 468 σελίδες
...are no authorities. In California the so-called "American rule" prevails; and this is that "a trustee must observe how men of prudence, discretion and intelligence...the probable safety of the capital to be invested." In Colorado they may invest in bonds of the United States or Colorado, but not in the securities of... | |
 | Boston Elevated Railway Company - 1917 - 68 σελίδες
...with good faith and sound discretion, and must, as laid down in Harvard College v. Amory in page 461, 'observe how men of prudence, discretion and intelligence...the probable safety of the capital to be invested.' " There should be no difference between the conserving and safeguarding interests of individuals by... | |
 | Massachusetts. Supreme Judicial Court - 1917 - 824 σελίδες
...management of their own affairs in regard to the permanent disposition of their funds with a view to probable income as well as the probable safety of the capital to be invested." Thayer v. Dewey, 185 Mass. 68, 69, 70. While in law a corporation is a person distinct from that of... | |
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