Trust FunctionsAmerican Institute of Banking, 1927 - 480 Seiten |
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administration aforesaid amount apply appointed appraisement assignment attorney authority beneficiary bonds and coupons capital or principal cash charges corporate fiduciaries corpus coupons court of equity date of death debts decedent decedent's declared default delivered deposit depositary distribution dividends duly duty entitled erty escrow estate tax executed executor fees filed funds guardian held hereby hereunder holders income indenture indorsement inheritance tax Institute Trust Company instrument interest intestate investments issued jurisdiction legacies letters testamentary liability lien living trusts ment minor mortgage obligation obligor officer owner paid payable payment Pennsylvania period personal property policies practice premiums probate court proper provisions purchase real estate real property received records registered Registrar respect rule rule against perpetuities Schedule seal Section securities settlor statute stockholders tenants thereof thereto tion transfer agent Trubee Davison trust deed Trust Estate usually voting trust
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Seite 456 - in good faith" within the meaning of this Act when it is in fact done honestly, whether it be done negligently or not.
Seite 408 - Value" is any consideration sufficient to support a simple contract. An antecedent or pre-existing obligation, whether for money or not, constitutes value where a receipt is taken either in satisfaction thereof or as security therefor. "Warehouseman" means a person lawfully engaged in the business of storing goods for profit. (2) A thing is done "in good faith...
Seite 79 - No interest is good unless it must vest, if at all, not later than twenty-one years after some life in being at the creation of the interest.
Seite 406 - A mortgagee, pledgee, or other holder for security of a certificate who in good faith demands or receives payment of the debt for which such certificate is security, whether from a party to a draft drawn for such debt, or from any other person, shall not by so doing be deemed to represent or to warrant the genuineness of such certificate, or the value of the shares represented thereby.
Seite 89 - The records and judicial proceedings of the courts of any state or territory, or of any such country, shall be proved or admitted in any other court within the United States...
Seite 407 - That a creditor whose debtor is the owner of an order bill shall be entitled to such aid from courts of. appropriate jurisdiction by injunction and otherwise in attaching such bill or in satisfying the claim by means thereof as is allowed at law or in equity in regard to property which can not readily be attached or levied upon by ordinary legal process.
Seite 404 - Nothing in this act shall be construed as enlarging the powers of an infant or other person lacking full legal capacity, or of a trustee, executor or administrator, or other fiduciary, to make a valid indorsement, assignment or power of attorney.
Seite 408 - In any case not provided for in this Act, the rules of law and equity, including the law merchant, and in particular the rules relating to the law of principal and agent and to the effect of fraud, misrepresentation, duress or coercion, mistake, bankruptcy, or other invalidating cause, shall continue to apply to contracts to sell and to sales of goods.
Seite 90 - And the said records and judicial proceedings, authenticated as aforesaid, shall have such faith and credit given to them in every court within the United States as they have by law or usage in the courts of the State from whence the said records are or shall be taken.
Seite 77 - ... of such property so directed to be accumulated, shall, so long as the same shall be directed to be accumulated contrary to the provisions of this Act, go to and be received by such person or persons as would have been entitled thereto if such accumulation had not been directed.