Thaxter v. Fry
Supreme Judicial Court of Maine
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
- Cianchette v. VerrierSupreme Judicial Court of Maine · 1959
- Susi v. DavisSupreme Judicial Court of Maine · 1935
- Bray v. SpencerSupreme Judicial Court of Maine · 1951
- Fidelity Union Trust Co. v. McGrawNew Jersey Court of Chancery · 1946
- Bowie v. LandrySupreme Judicial Court of Maine · 1956
2 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Kradoska v. KippSupreme Judicial Court of Maine · 1979
- Warren v. Waterville Urban Renewal AuthoritySupreme Judicial Court of Maine · 1972
- Standish Telephone Co. v. Saco River Telegraph & Telephone Co.Supreme Judicial Court of Maine · 1989
- Estate of SweetSupreme Judicial Court of Maine · 1987
- Babb v. RandSupreme Judicial Court of Maine · 1975
9 more not listed; retrieve them via the Exa API.