Phillips v. Board of Hospital Trustees
Court of Appeals of Oregon
1Opinion of the CourtSchwab, C. J.
The issue in this equitable proceeding is whether to expand the terms of a trust on the ground that it has become impossible to expend the income of the trust.
There was a similar application to the circuit court in 1973. The significant terms of the trust, as amended by the court’s 1973 orders, are as follows: (1) the trust is administered by a committee designated in the last will of Louis G. Clarke; (2) the committee distributes trust income to "worthy Masons,” their wives, widows and daughters residing in Oregon, Washington and Idaho; and (3) the trust income is applied to hospital charges…
2Cases cited2 opinions
- United States National Bank v. First National BankOregon Supreme Court · 1943
- Good Samaritan Hospital & Medical Center v. United States National BankOregon Supreme Court · 1967