Anderson v. Ryland
Supreme Court of Arkansas
1Opinion of the Court
Ed. F. McFaddin, Associate Justice.
The question here presented is the power of a court of equity to sanction a deviation from one portion of a charitable trust instrument in order to accomplish the larger purpose of the charitable trust. Stated another way, the question is the power of a court of equity to permit a sale of the trust property, even though, the trust instrument states that the property cannot be sold.
In 1889 Joseph Merrill executed a trust indenture creating the Merrill Institute in Pine Bluff. The instrument recited in part:
“Know All Men by These Presents, that I Joseph…
2Cases cited11 opinions
- Kincade v. C. & L. Rural Electric Coop. Corp.Supreme Court of Arkansas · 1957
- Henshaw v. FlennikenTennessee Supreme Court · 1945
- Amory v. Attorney GeneralMassachusetts Supreme Judicial Court · 1901
- Slade v. GammillSupreme Court of Arkansas · 1956
- Town of South Kingstown v. Wakefield Trust Co.Supreme Court of Rhode Island · 1926
6 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- In Re Joint E. & S. Dist. Asbestos LitigationDistrict Court, S.D. New York · 1995
- Findley v. FaliseDistrict Court, E.D. New York · 1995
- Little Rock University v. George W. Donaghey FoundationSupreme Court of Arkansas · 1972
- Kenneth J. Clark, as Trustee of the Clark Revocable Trust U/D/T July 23, 1997 v. Melva Jean SummersCourt of Appeals of Arkansas · 2021
- Anderson v. RylandSupreme Court of Arkansas · 1960
3 more not listed; retrieve them via the Exa API.