ISBN: 1236253469

Paperback, [EAN: 9781236253460], RareBooksClub.com, RareBooksClub.com, Book, [PU: RareBooksClub.com], RareBooksClub.com, This historic book may have numerous typos and missing text. Purch… Mehr…

Paperback, [EAN: 9781236253460], RareBooksClub.com, RareBooksClub.com, Book, [PU: RareBooksClub.com], RareBooksClub.com, This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1904 Excerpt: ...to be held in trust for a series of beneficiaries, he should not purchase woodland or mining property, because that would, according to the circumstances, unduly favour either the beneficiary entitled to the income for the time being, or those entitled in futuro. (7) To take all necessary steps for the protection of the trust property, and exercise such care and diligence in the execution of the trust as a man of ordinary care and prudence would exercise in the transaction of his own affairs. Thus it is his duty to see that trust property does not fall into decay for want of necessary repairs; to take reasonable care in order to ascertain that he gets a good title to property bought with trust money; not to sell trust property subject to conditions which unnecessarily limit the title, and which are calculated to have a depreciatory effect on the sale; to use reasonable diligence in enforcing debts and claims in relation to the trust, and not to permit the rents of trust property to fall in arrear. (8) To take care that he makes a proper disposition of the trust money or property. It has even been held that a trustee who was induced to pay trust money to the wrong person by a forged power of attorney purporting to have been executed by a beneficiary was liable to make good the loss. Where, however, a beneficiary assigns or mortgages his share, the trustee is not liable to the assignee or mortgagee if he pays the share to the beneficiary without notice of the assignment or mortgage, though he would be liable if he had received notice and had forgotten it.1 (9) Subject to certain exceptions, which are treated of under the heading "powers of trustees," to exercise his authority and duties in person, and not to delegate them, whether to a co-trustee or..., 1000, Subjects, 1, Arts & Photography, 2, Biographies & Memoirs, 3, Business & Investing, 3248857011, Calendars, 4, Children's Books, 12290, Christian Books & Bibles, 4366, Comics & Graphic Novels, 5, Computers & Technology, 6, Cookbooks, Food & Wine, 48, Crafts, Hobbies & Home, 21, Education & Reference, 173507, Engineering & Transportation, 301889, Gay & Lesbian, 10, Health, Fitness & Dieting, 9, History, 86, Humor & Entertainment, 10777, Law, 17, Literature & Fiction, 173514, Medical Books, 18, Mystery, Thriller & Suspense, 20, Parenting & Relationships, 3377866011, Politics & Social Sciences, 22, Religion & Spirituality, 23, Romance, 75, Science & Math, 25, Science Fiction & Fantasy, 4736, Self-Help, 26, Sports & Outdoors, 28, Teen & Young Adult, 27, Travel, 283155, Books<

ISBN: 1236253469

Paperback, [EAN: 9781236253460], Lightning Source UK Ltd, Lightning Source UK Ltd, Book, [PU: Lightning Source UK Ltd], Lightning Source UK Ltd, 1025612, Subjects, 349777011, Antiquarian,… Mehr…

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