Legal Opinion
Teachers Annuity and Aid Association of the District of Columbia, a Corporation v. Riggs National Bank of Washington, D.C., Trustee
Court of Appeals for the D.C. Circuit
Decided May 5, 1960No. 15202PublishedCited by 4 opinions
1Opinion of the Court
WILBUR K. MILLER, Circuit Judge.
The principal question presented by this appeal is whether an irrevocable trust was established when Teachers Annuity and Aid Association executed to Washington Loan and Trust Company a declaration of trust providing that the sum of $121,500 then deposited with that institution should be held in perpetuity by it as trustee, the income therefrom to be used in the payment of annuities to its members (the membership having been closed) and, after the death of the last annuitant, to be used for the benefit and relief of non-member “white teachers of the Public…
2Cases cited4 opinions
- Whitney v. WymanSupreme Court of the United States · 1880
- Liberty Nat. Bank v. HicksCourt of Appeals for the D.C. Circuit · 1948
- Hurt v. GilmerDistrict Court, District of Columbia · 1930
- Tryson v. Southern Realty Corp.Court of Appeals for the D.C. Circuit · 1921
3Cited by4 opinions
- Grand Lodge of the Independent Order of Odd Fellows of West Virginia v. GunnoeWest Virginia Supreme Court · 1970
- In Re Durosko Marital TrustDistrict of Columbia Court of Appeals · 2004
- Ziegler v. DuroskoDistrict of Columbia Court of Appeals · 2004
- Smith v. National Savings & Trust Co.District Court, District of Columbia · 1965