 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
 | Massachusetts (Commonwealth). Tax Commissioner - 1917 - 232 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... | |
 | Austin Wakeman Scott - 1919 - 858 σελίδες
...sixty per cent. of the value of the property. See McKinney, Liabilities of Trustees for Investments. manage their own affairs, not in regard to speculation,...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... | |
 | Massachusetts. Supreme Judicial Court - 1920 - 784 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." Good faith and sound discretion, as these terms ought to be understood by reasonable men of good judgment,... | |
 | WALTER C. TIFFANY - 1921 - 790 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." 1s When a guardian is appointed in a state which is not his ward's domicile, he should not, in accounting... | |
 | 1921 - 1636 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." Since that decision, investments of trust funds in dividend-paying stocks and interest-bearing bonds... | |
 | George Luther Clark - 1921 - 220 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. In these cases the stocks and bonds were such as are often sold, and have a recognized market value,... | |
 | Judson Adams Crane - 1923 - 1002 σελίδες
...unnecessarily sacrificed. Trustees must be prudent and vigilant and exercise a sound judgment. They are 'to observe how men of prudence, discretion, and intelligence...the probable safety of the capital to be invested.* Harvard College v. Amory, 9 Pick. 446, 461. The fact that the bonds and stocks were bought and held... | |
 | 1924 - 798 σελίδες
...of the States the "American rule" governing trust investments prevails. Under it the trustee "is to observe how men of prudence, discretion, and intelligence...the probable safety of the capital to be invested." Nothing is more characteristic of the modern corporate trustee than the spirit and practice of this... | |
 | David Francis Jordan - 1922 - 456 σελίδες
...discretion and intelligence manage their own affairs, not in regard to speculation but in regard to permanent disposition of their funds, considering...the probable safety of the capital to be invested." 2 The work of the trustee includes not only the investment of the fund but the necessity of keeping... | |
 | George Purcell Costigan - 1925 - 1056 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. In these cases the stocks and bonds were such as are often sold, and have a recognized market value,... | |
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