Legal Opinion

Opinion No.

Texas Attorney General Reports

Decided October 10, 1986Published

1Opinion of the Court

Honorable Carter Beckworth Criminal District Attorney P.O. Box 3403 Longview, Texas 75606

Re: Construction of charitable trust established on behalf of the Roy H. Laird Memorial Hospital

Dear Mr. Beckworth:

You seek construction of a charitable trust created by the will of Annie B. Laird for the benefit of the Roy H. Laird Memorial Hospital of Kilgore, Texas. The trust corpus is comprised of stocks, bonds, certificates of deposit, and royalties on minerals. You indicate that the trustee has been disbursing income received on the stocks, bonds, and certificates of deposit but has been allocating…

2Cases cited4 opinions

  1. Beaty v. Bales, Texas Court of Appeals, 4th District (San Antonio)1984
  2. Jewett v. Capital National Bank of AustinCourt of Appeals of Texas · 1981
  3. St. Marks Episcopal Church v. LowryCourt of Appeals of Texas · 1954
  4. COMMERCIAL NATIONAL BANK IN NACOGDOCHES v. HayterCourt of Appeals of Texas · 1971

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