About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

TENTATIVE DRAFT 3, QUESTIONS SUGGESTED FOR DISC. [i] (May 5-7, 1932)

handle is hein.ali/relat0583 and id is 1 raw text is: The American Law Institute
TRUSTS TENTATIVE DRAFT No. 3
Questions Suggested for Discussion at
Tenth Annual Meeting
May 5-7, 1932
Discussion is not confined to the questions pre-
sented here. You are earnestly requested to raise any
further points which occur to you.
1. Section 181.
Is the extent of the control of the court over disc
cretionary powers of the trustee correctly stated?
2. Section 197, Comment i.
If the trustee sells his individual property to him-
self as trustee and the property subsequently depre-
eiates in value is the trustee chargeable with the
amount of the depreciation even though he sold the
property at a fair value and even though had he pur-
chased it from a third person it would have been a
proper trust investment?
3. Section 202.
If the trustee is directed to purchase any. one of
two or more specific securities and he fails to purchase
any of them and they all rise in value, is he chargeable
with anything more than the value of least profitable
of such securities?

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most