Brownell v. Anthony
Massachusetts Supreme Judicial Court
Bill in equity, filed in the Probate Court for the county of Bristol, on September 5, 1903, by the trustee under the will of Richard Borden 2d, late of Fall River, for instructions as to the proper disposition of a dividend of $37.50 per share declared on May 15, 1903, and paid on July 1,1903, on thirty-one shares of. the capital stock of the Rational Union Bank of Fall River of the par value of $100 each held by the plaintiff as such, trustee.
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Bill in equity, filed in the Probate Court for the county of Bristol, on September 5, 1903, by the trustee under the will of Richard Borden 2d, late of Fall River, for instructions as to the proper disposition of a dividend of $37.50 per share declared on May 15, 1903, and paid on July 1,1903, on thirty-one shares of. the capital stock of the Rational Union Bank of Fall River of the par value of $100 each held by the plaintiff as such, trustee. In the Probate Court Fuller, J. made a decree ordering that the dividend be invested by the plaintiff as capital of the trust fund in his hands and…
1Opinion of the CourtKnowlton, C. J.
In the winter of 1903 the petitioner had in his possession thirty-one shares of the capital stock of the National Union Bank, a banking corporation organized under the laws of the United States. These he held under a trust to pay the income to the respondent, Rhoda M. B. Anthony, for life, and after her death to turn over the remainder to the three sons of the testator by whose will the trust was created. In February, 1903, this bank, the Pocasset National Bank and the Massasoit National Bank took steps to consolidate the three banks, and form a new corporation, to be called the…
2Cases cited3 opinions
- D'Ooge v. LeedsMassachusetts Supreme Judicial Court · 1900
- Hemenway v. HemenwayMassachusetts Supreme Judicial Court · 1902
- Lyman v. PrattMassachusetts Supreme Judicial Court · 1903
3Cited by16 opinions
- Anderson v. BeanMassachusetts Supreme Judicial Court · 1930
- Creed v. McAleerMassachusetts Supreme Judicial Court · 1931
- Gray v. HemenwayMassachusetts Supreme Judicial Court · 1912
- Smith v. CottingMassachusetts Supreme Judicial Court · 1918
- Talbot v. MillikenMassachusetts Supreme Judicial Court · 1915
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