 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
 | Ricardo Bayon, Nathaniel Carroll, Jessica Fox - 2012 - 319 σελίδες
...the concept of a 'prudent man', whose actions with regard to investing for others was defined as '... how men of prudence, discretion and intelligence manage...the probable safety of the capital to be invested.' Even if an endowment is not held in trust, there is a uniform state statute that deals with how it... | |
 | Thomas J. Ray (Jr.) - 2007 - 876 σελίδες
...required that "a trustee . . . conduct himself faithfully and exercise a sound discretion. He is to observe how men of prudence, discretion, and intelligence...as well as the probable safety of the capital to be invested."57 A modern standard — one that reflects new theories of portfolio management — was announced... | |
 | 1917 - 1256 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. (Mass.) 446, 461. The fact that the bonds and stocks were bought... | |
| |
