Legal Opinion
Jones v. First Minneapolis Trust Co.
Supreme Court of Minnesota
Decided February 11, 1938No. Nos. 31,352, 31,399PublishedCited by 5 opinions
1Opinion of the Court
Peterson, Justice.
Respondent, a corporate trustee, petitioned the district court, pursuant to L. 1938, 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 *189direct 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 corporation…
2Cases cited42 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
37 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Carvey v. West Virginia State Board of EducationWest Virginia Supreme Court · 1999
- In Re Trusteeship Under Will of JonesSupreme Court of Minnesota · 1938
- Klecan v. SchmalNebraska Supreme Court · 1976
- State Ex Rel. Ervin v. Crookston Trust Co.Supreme Court of Minnesota · 1938
- Opinion No. 77-261 (1977) Ag, Oklahoma Attorney General Reports1977