 In acquiring, investing, reinvesting, exchanging, retaining, selling and managing property for the benefit of another, a fiduciary shall exercise the judgment and care, under the circumstances then prevailing, which men of prudence, discretion and intelligence...  The Central Law Journal - Page 3551883Full view - About this book
 | Massachusetts. Supreme Judicial Court - Law reports, digests, etc - 1864 - 1510 pages
...will be dissolved. All that can be required of a trustee to invest, is, that lie shall conduct himself faithfully and exercise a sound discretion. He is...income, as well as the probable safety of the capital to be invested.1 But in the case at bar, the testator referred the management of this trust especially... | |
 | Isaac Grant Thompson - Law reports, digests, etc - 1879 - 912 pages
...this general rule: "All that can be required of a trustee to invest is that he shall conduct himself faithfully and exercise a sound discretion. He is...income, as well as the probable safety of the capital to be invested." 9 Pick. 461. The rule thus judicially declared nearly half a century ago has been... | |
 | Law reports, digests, etc - 1901 - 1156 pages
...Harvard College v. Amory, supra; 2 Beach, Trusts, ยง 525. Referring to the general rule that a trustee is to observe how men of prudence, discretion, and...income as well as the probable safety of the capital to be invested, Chief Justice Gray, in a Massachusetts case, said: "If a more strict or precise rule... | |
 | Law reports, digests, etc - 1886 - 948 pages
...was declared that "all that can be required of a trustee to invest is that he shall conduct himself faithfully, and exercise a sound discretion. He is...income, as well as the probable safety of the capital to be invested." In that case, investments in stocks of an incorporated manufacturing company and of... | |
 | Law reports, digests, etc - 1886 - 872 pages
...not prevail, and "all that can be required of a trustee to invest is, that he shall conduct himself faithfully, and exercise a sound discretion. He is...income as well as the probable safety of the capital to be invested:" Harvard College v. Amory, 9 Pick. 446; Lavett v. JUinot, 20 Id. 119; Brown v. French,... | |
 | Law reports, digests, etc - 1886 - 976 pages
...9 Pick. 461 : ' ' All that can be required of a trustee to invest is, that he shall conduct himself faithfully and exercise a sound discretion. He is...income, as well as the probable safety of the capital to be invested." The very recent case of New England Trust Go. v. Eaton, 140 Mass. [3 East. Rep'r,... | |
 | Law reports, digests, etc - 1917 - 1184 pages
...unnecessarily sacrificed. Trustees must be prudent and vigilant and exercise a sound judgment. They are 'to observe how men of prudence, discretion, and intelligence...disposition of their funds, considering the probable income aa well as the probable safety of the capital to be invested.' Harvard College v. Amory, 9 Pick. (Mass.)... | |
 | Law reports, digests, etc - 1886 - 956 pages
...must be prudent and vigilant, and exercise a sound judgment. They are "to observe how men of prudent discretion and intelligence manage their own affairs,...not in regard to speculation, but in regard to the paramount disposition of their funds, considering the probable incqme, as well as the probable safety... | |
 | Electronic journals - 1886 - 968 pages
...be required of a trustee to invest is that he shall conduct himself faithfully and exercise a Bound discretion. He is to observe how men of prudence, discretion and intelligence manage their own affiairs, not in regard to speculation, but in regard to the permanent disposition of their funds,... | |
 | Law reports, digests, etc - 1914 - 1166 pages
...exercise sound discretion, not with a view to speculation, but to make a disposition of the trust fund, considering the probable income, as well as the probable safety of the capital to be Invested. The defendant does not show that he did either In respect to the attempted investment... | |
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