The David Harley Co. v. Barnefield
Supreme Court of Rhode Island
Bill in Equity for an account and to determine the compensation of a trustee. The facts are fully stated in the opinion.
1Opinion of the CourtDouglas, J.
February 28, 1898, the David Harley Company conveyed all its property, including a large department store then in operation, to the original defendant in this case in trust to convert the same into money and from the proceeds to pay certain debts of the company, and the residue, if any, to distribute among the stockholders. Various powers in furtherance of the objects of the trust were conferred upon the trustee, amongst them being the power to purchase new goods to facilitate the sale of those on hand.
The trust was partially executed, when an arrangement was made between the company and its…
2Cases cited2 opinions
- French v. . NewNew York Court of Appeals · 1863
- Soars v. Home InsuranceMassachusetts Supreme Judicial Court · 1885
3Cited by6 opinions
- Wark & Co. v. Twelfth & Sansom Corp.Supreme Court of Pennsylvania · 1954
- Carolina-Virginia Fashion Exhibitors, Inc. v. GunterSupreme Court of North Carolina · 1976
- Gaddis Mining Co. v. Continental Materials Corp.District Court, D. Wyoming · 1961
- Jessup & Moore Paper Co. v. A. S. Reed & Brother Co.Court of Chancery of Delaware · 1913
- Junta de Relaciones del Trabajo v. Compañía Popular de Transporte, Inc.Supreme Court of Puerto Rico · 1949
1 more not listed; retrieve them via the Exa API.