Linkous v. Candler
Supreme Court of Georgia
1Opinion of the Court
Thompson, Justice.
Does the language of the trust agreement in this case indicate an intent to prohibit acceleration of the trust? Because such an intent need not be express, but can be implied from the four corners of the agreement, Wetherbee v. First State Bank &c. Co., 266 Ga. 364, 365 (466 SE2d 835) (1996), we hold that the trust agreement does indeed prohibit acceleration, and that the superior court erred in ruling otherwise.
On June 3, 1961, while in the midst of a pending divorce, C. Howard Candler, Jr. and Ruth O. Candler created an irrevocable trust in full settlement of Howard…
2Cases cited5 opinions
- Compton v. Rixey's ExecutorsSupreme Court of Virginia · 1919
- Cool v. CoolIndiana Supreme Court · 1876
- The Trenton Banking Co. v. HawleyNew Jersey Superior Court Appellate Division · 1950
- Bass v. . MooreSupreme Court of North Carolina · 1948
- Wetherbee v. First State Bank & Trust Co.Supreme Court of Georgia · 1996
3Cited by2 opinions
- Smith v. HallumSupreme Court of Georgia · 2010
- Smith v. HallumSupreme Court of Georgia · 2010