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... Committee Prints - Page 151by United States. Congress. Senate. Committee on Labor and Public Welfare - 1957Full view - About this book
| Massachusetts. Supreme Judicial Court - Law reports, digests, etc - 1864 - 1510 pages
...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...permanent disposition of their funds, considering the probable income, as well as the probable safety of the capital to be invested.1 But in the case... | |
| Isaac Grant Thompson - Law reports, digests, etc - 1879 - 912 pages
...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...permanent disposition of their funds, considering the probable income, as well as the probable safety of the capital to be invested." 9 Pick. 461. The... | |
| Law reports, digests, etc - 1901 - 1156 pages
...general rule that a trustee is to observe how men of prudence, discretion, and intelligence manage their own affairs, not in regard to speculation, but...permanent disposition of their funds, considering the probable income as well as the probable safety of the capital to be invested, Chief Justice Gray,... | |
| Law reports, digests, etc - 1886 - 948 pages
...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...permanent disposition of their funds, considering the probable income, as well as the probable safety of the capital to be invested." In that case, investments... | |
| Law reports, digests, etc - 1886 - 976 pages
...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...permanent disposition of their funds, considering the probable income, as well as the probable safety of the capital to be invested." The very recent... | |
| Electronic journals - 1886 - 968 pages
...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...permanent disposition of their funds, considering the probable income, as well as die probable safety of the capital to be invested." This phrase, then,... | |
| Law reports, digests, etc - 1886 - 872 pages
...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...permanent disposition of their funds, considering the probable income as well as the probable safety of the capital to be invested:" Harvard College... | |
| Thomas Lewin - Trusts and trustees - 1888 - 870 pages
...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...permanent disposition of their funds, considering the probable income, as well as the probable safety of the capital to be invested." There an investment... | |
| James Barr Ames - Trusts and trustees - 1893 - 548 pages
...Harvard College o. Amory, at page 461, "observe how men of prudence, discretion, and intelligence manage their own affairs, not in regard to speculation, but...permanent disposition of their funds, considering the probable income, as well as the probable safety of the capital to be invested." It is said in the... | |
| Frank Sumner Rice, William Lawrence Clark - Law reports, digests, etc - 1898 - 792 pages
...exercise a sound discretion, lie is to observe how men of pri'dence, discretion and intelligence manage their own affairs, not in regard to speculation, but...permanent disposition of their funds, considering the probable income as well as the probable safety of the capital to be invested." The very recent... | |
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