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" ... (1) In investing, reinvesting, purchasing, acquiring, exchanging, selling and managing property for the benefit of another, a trustee shall exercise the judgment and care, under the circumstances then prevailing, which men of prudence, discretion... "
Outlook and Independent - Página 218
1924
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Atlantic Reporter, Volume 98

1917 - 1184 páginas
...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.)...
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Atlantic Reporter, Volume 4

1886 - 956 páginas
...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...
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The American Law Register, Volume 25;Volume 34

1886 - 968 páginas
...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,...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 3

Irving Browne - 1889 - 824 páginas
...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...speculation, but in regard to the permanent disposition of . 478 Hunt, Appellant. their funds, considering the probable income, as well as the probable safety...
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Commentaries on the Law of Torts: A Philosophic Discussion of the ..., Volume 1

Edgar Benton Kinkead - 1903 - 906 páginas
...Lord, 1 Wis. 286, 60 Am. Dec. 381. 42 Hun v. Cary, 82 NY 65, 37 Am. Rep. 546. The trustee Is bound to observe how men of prudence, discretion and intelligence manage their own affairs: Harvard College v. Amory, 9 Pick. 446; Bowker v. Pierce, 130 Mass. 262; Morrow v. Saline Co., 21 Kan....
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Monthly Labor Review, Volume 80

1957 - 832 páginas
...circumstances then prevailing which men of prudence, discretion, and intelligence exercise in the management of their own affairs, not in regard to speculation but...permanent disposition of their funds, considering probable safety of their capital as well as probable income. No investment should be made by an affiliate...
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Jordan on Investments

David Francis Jordan - 1922 - 456 páginas
...state laws, the general American principle applies. This principle has been stated that "a trustee must observe how men of prudence, discretion and intelligence...affairs, not in regard to speculation but in regard to permanent disposition of their funds, considering the probable income, as well as the probable safety...
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Principles of Investment

John Emmett Kirshman - 1924 - 940 páginas
...in his Trustee's Handbook, lays down the generally recognized principle as follows: "A trustee must observe how men of prudence, discretion and intelligence...affairs, not in regard to speculation but in regard to permanent disposition of their funds, considering the probable income, as well as the probable safety...
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Jordan on Investments

David Francis Jordan - 1924 - 404 páginas
...principle applies. This principle, as has been stated, holds that "a trustee must observe how men ot prudence, discretion and intelligence manage their...affairs, not in regard to speculation but in regard to permanent disposition of their funds, considering the probable income, as well as the probable safety...
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Hearings

United States. Congress. Senate. Committee on Labor and Public Welfare - 1958 - 1494 páginas
...circumstances then prevailing which men of prudence, Jiscretion and intelligence exercise in the management of their own affairs, not in regard to speculation but...permanent disposition of their funds, considering probable safety of their capital as well as probable income. .Vi inrestment should be made by an affiliate...
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