Legal Opinion
Lokey v. Texas Methodist Foundation
Texas Supreme Court
Decided April 5, 1972No. B-2885PublishedCited by 16 opinions
1Opinion of the Court
STEAKLEY, Justice.
This suit involves a charitable trust known as the K & L Trust, with an original res of $100,000, and an additional fund of $40,000, identified as the K & L — “A” Trust. The suit was instituted by Clarence W. Lokey, petitioner, against the Texas Methodist Foundation and the Attorney General of Texas. The primary relief sought is the removal of the Texas Methodist Foundation as trustee over the funds, and the transfer of the funds in the K & L Trust to the trustees of Southwestern University in Georgetown, Texas, and the transfer of the funds in the K & L —“A” Trust to what…
Also in this document: Dissent.
2Cases cited11 opinions
- Gibbs v. General Motors CorporationTexas Supreme Court · 1970
- Torres v. Western Casualty and Surety CompanyTexas Supreme Court · 1970
- Boyd v. Frost National Bank of S.A.Texas Supreme Court · 1946
- Glenn v. PrestegordTexas Supreme Court · 1970
- Powers v. First Natl. Bank of CorsicanaTexas Supreme Court · 1942
6 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Kona Technology Corp. v. Southern Pacific Transportation Co.Court of Appeals for the Fifth Circuit · 2000
- Hooker v. Edes HomeDistrict of Columbia Court of Appeals · 1990
- Barnes v. Bituminous Casualty CorporationCourt of Appeals of Texas · 1973
- National Plan Administrators, Inc. v. National Health Insurance Co., Texas Court of Appeals, 3rd District (Austin)2004
- Howard Hughes Medical Institute v. NeffCourt of Appeals of Texas · 1982
11 more not listed; retrieve them via the Exa API.