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In all probability no part of our law is so well settled as that in reference to trusts and trustees; a rule on this subject laid down in one section of the country is usually adopted and applied in another. The reason for this is readily found in that the principles underl)ring the trust are the same throughout the country irrespective of state lines. This of course is not true of the corporation, for each state has its own acts and no state is bound by the interpretation of the corporate law of a sister state. The trust as a business organization n:iay easily be investigated under: First: The source of its rights and its status in the law. Second: The relation of trustee and beneficiary, and the rights and duties of each, and Third: The effect of legislation on the trust. In this connection it is of interest to note that the trust may engage and do all things which an individual may do; and so far the only restriction sought to be placed on the individual is in banking and in.surance. In the preparation of this work, reports were examined and not reference works, and where possible the language of the decision is used, with the thought in mind that the busy lawyer is more interested in the law expressed by the court than the deductions of a law writer.
(Typographical errors above are due to OCR software and don't occur in the book.)
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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book examines the legal and practical aspects of business trusts, a form of business organization that was gaining popularity in the early 20th century. The author argues that the trust offers a more stable and flexible alternative to the corporation, which is constantly subject to legislative changes and burdensome regulations. The book explores the historical development of trusts and their place in the legal landscape, contrasting the trust with traditional forms of business organization like partnerships and corporations. The author provides a comprehensive overview of the principles governing trust creation, management, and termination, including the roles and responsibilities of trustors, trustees, and beneficiaries. The book also delves into the legal framework surrounding interstate commerce, highlighting the advantages of trusts in conducting business across state lines without facing the complexities of foreign corporation laws. The book explores the potential for trusts to provide a measure of protection against political domination of business, a concern that was growing in the early 20th century, and ultimately offers a powerful case for the trust as a viable and enduring form of business organization. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781330054840_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330054840
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330054840
Quantité disponible : 15 disponible(s)