Legal Opinion

Thaxter v. Fry

Supreme Judicial Court of Maine

Decided September 9, 1966PublishedCited by 14 opinions

1Opinion of the Court

MARDEN, Justice.

This is a complaint seeking the construction of certain portions of the Will of Mary J. E. Clapp as those portions pertain to the duration of a testamentary trust and the authority of trustees thereunder in two respects, (a) the authority of the trustees to create a leasehold extending beyond the life of the trust, and (b) the authority of the trustees to create from income a reserve for depreciation and obsolescence.

In the event it is determined that the trust endures for a period beyond the termination date of the questioned lease, question (a) becomes moot.

Duration of Trust

N…

2Cases cited7 opinions

  1. Cianchette v. VerrierSupreme Judicial Court of Maine · 1959
  2. Susi v. DavisSupreme Judicial Court of Maine · 1935
  3. Bray v. SpencerSupreme Judicial Court of Maine · 1951
  4. Fidelity Union Trust Co. v. McGrawNew Jersey Court of Chancery · 1946
  5. Bowie v. LandrySupreme Judicial Court of Maine · 1956

2 more not listed; retrieve them via the Exa API.

3Cited by14 opinions

  1. Kradoska v. KippSupreme Judicial Court of Maine · 1979
  2. Warren v. Waterville Urban Renewal AuthoritySupreme Judicial Court of Maine · 1972
  3. Standish Telephone Co. v. Saco River Telegraph & Telephone Co.Supreme Judicial Court of Maine · 1989
  4. Estate of SweetSupreme Judicial Court of Maine · 1987
  5. Babb v. RandSupreme Judicial Court of Maine · 1975

9 more not listed; retrieve them via the Exa API.

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