Legal Opinion
In Re Trusteeship Under Will of Jones
Supreme Court of Minnesota
Decided February 11, 1938No. Nos. 31,352, 31,399PublishedCited by 19 opinions
1Opinion of the Court
1 Reported in 277 N.W. 899. Respondent, a corporate trustee, petitioned the district court, pursuant to L. 1933, c. 259 (3 Mason Minn. St. 1936 Supp. § 8100-11 to 8100-16), to construe the investment provisions of the trust, authorize the investment of trust funds in corporate stocks, and direct the trustee to invest in same pursuant to such construction. The provision of the will, pursuant to which the trust was created, so far as here material, provides:
"The trustee shall invest and reinvest all principal cash in the trust fund in first mortgages on improved real estate, in municipal or…
2Cases cited43 opinions
- Bank of Augusta v. EarleSupreme Court of the United States · 1839
- Central Transportation Co. v. Pullman's Palace Car Co.Supreme Court of the United States · 1891
- American Bank & Trust Co. v. Federal Reserve Bank of AtlantaSupreme Court of the United States · 1921
- First National Bank v. Fellows Ex Rel. Union Trust Co.Supreme Court of the United States · 1917
- Head & Amory v. Providence Ins. Co.Supreme Court of the United States · 1804
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3Cited by19 opinions
- Western Union Telegraph Co. v. SpaethSupreme Court of Minnesota · 1950
- Hartzell v. SchusterSupreme Court of Minnesota · 1960
- Agassiz & Odessa Mutual Fire Insurance v. MagnussonSupreme Court of Minnesota · 1965
- In Re Trusteeship Under Agreement With MayoSupreme Court of Minnesota · 1960
- In Re Trusts Under Will of McCannSupreme Court of Minnesota · 1942
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