The Liabilities of Trustees : Inaugural Address to the Scots Law Society, Edinburgh, 6th November, 1922
The book The Liabilities of Trustees : Inaugural Address to the Scots Law Society, Edinburgh, 6th November, 1922 was written by author Ashmore, John Wilson, 1857-1932 Here you can read free online of The Liabilities of Trustees : Inaugural Address to the Scots Law Society, Edinburgh, 6th November, 1922 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Liabilities of Trustees : Inaugural Address to the Scots Law Society, Edinburgh, 6th November, 1922 a good or bad book?
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Paterson, 1900, 2 F. (H.L.) 37. The general nature and result of the decision by the House of Lords in that case, stated in a sentence, was [ 9 ] that trustees are bound to keep the trust funds invested or placed in their own names so that they cannot be uplifted without the authority of the trustees. The circumstances were as follows : — ^A bond for ^3000 held by the trustees was paid up in July, 1887. The money was received by the law agent of the trustees, and was retained by him with a view... to its re-investment. Between July and December, although no regular meeting was held, two of the trustees called more than once at the agent's office to ask what progress was being made in the way of securing a new investment. The agent's reply was " that he was making inquiries, but had not heard of any " investment that he felt justified in recommending." At a regular meeting of the trustees held on 19th December, the agent reported that he had not yet been successful in finding another investment.
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