 | Massachusetts. Supreme Judicial Court - 1864 - 1510 pages
...and exercise a sound discretion. He is to observe how men of prudence, discretion and intelligence manage their own affairs, not in regard to speculation,...as well as the probable safety of the capital to be invested.1 But in the case at bar, the testator referred the management of this trust especially to... | |
 | Isaac Grant Thompson - 1879 - 912 pages
...and exercise a sound discretion. He is to observe how men of prudence, discretion and intelligence manage their own affairs, not in regard to speculation,...the probable safety of the capital to be invested." 9 Pick. 461. The rule thus judicially declared nearly half a century ago has been since constantly... | |
 | Massachusetts. Supreme Judicial Court - 1879 - 702 pages
...and exercise a sound discretion. He is to observe how men of prudence, discretion and intelligence manage their own affairs, not in regard to speculation,...the probable safety of the capital to be invested." 9 Pick. 461. The rule thus judicially declared nearly half a century ago has been since constantly... | |
 | 1901 - 1156 pages
...to the general rule that a trustee is to observe how men of prudence, discretion, and intelligence manage their own affairs, not in regard to speculation,...the probable safety of the capital to be invested, Chief Justice Gray, in a Massachusetts case, said: "If a more strict or precise rule should be deemed... | |
 | 1886 - 948 pages
...and exercise a sound discretion. He is to observe how men of prudence, discretion, and intelligence manage their own affairs, not in regard to speculation,...the probable safety of the capital to be invested." In that case, investments in stocks of an incorporated manufacturing company and of an incorporated... | |
 | 1886 - 976 pages
...and exercise a sound discretion. He is to observe how men of prudence, discretion and intelligence manage their own affairs, not in regard to speculation,...the probable safety of the capital to be invested." In that case, investments in stocks of an incorporated manufacturing, and of an incorporated insurance... | |
 | 1886 - 872 pages
...and exercise a sound discretion. He is to observe how men of prudence, discretion, and intelligence manage their own affairs, not in regard to speculation,...the probable safety of the capital to be invested:" Harvard College v. Amory, 9 Pick. 446; Lavett v. JUinot, 20 Id. 119; Brown v. French, 125 Mass. 410;... | |
 | 1886 - 968 pages
...and exercise a sound discretion. He is to observe how men of prudence, discretion and intelligence manage their own affairs, not in regard to speculation,...funds, considering the probable income, as well as die probable safety of the capital to be invested." This phrase, then, repeated in different words... | |
 | 1917 - 1184 pages
...and exercise a sound judgment. They are 'to observe how men of prudence, discretion, and intelligence manage their own affairs, not in regard to speculation,...disposition of their funds, considering the probable income aa well as the probable safety of the capital to be invested.' Harvard College v. Amory, 9 Pick. (Mass.)... | |
 | 1914 - 1166 pages
...exercise sound discretion, not with a view to speculation, but to make a disposition of the trust fund, considering the probable income, as well as the probable safety of the capital to be Invested. The defendant does not show that he did either In respect to the attempted investment in the stock... | |
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In acquiring, investing, reinvesting, exchanging, retaining, selling and managing property for the benefit of another, a fiduciary shall exercise the judgment and care under the circumstances then prevailing, which men of prudence, discretion and intelligence... 
