CANAL NAT. BANK v. OLD FOLKS' HOME ASS'N, BRUNSWICK


347 A.2d 428 (1975)

CANAL NATIONAL BANK v. OLD FOLKS' HOME ASSOCIATION OF BRUNSWICK et al. The MERRILL TRUST COMPANY, Trustee under the Will of Margaret S. Kennedy v. The INHABITANTS OF the TOWN OF BUCKSPORT, and Joseph E. Brennan, as Attorney General. MAINE NATIONAL BANK, Trustee under the Will of Ruth P. W. Tarbox v. GRACE EPISCOPAL CHURCH et al. In re DAVENPORT TRUST FUND.

Supreme Judicial Court of Maine.

November 10, 1975.


Attorney(s) appearing for the Case

Pierce, Atwood, Scribner, Allen & McKusick by William C. Smith, Jotham D. Pierce, Portland, for plaintiffs.

Verrill, Dana, Philbrick, Putnam & Williamson by Peter B. Webster, Portland, Richard L. Barton, Brunswick, Jerome S. Matus, Asst. Atty. Gen., Bureau of Taxation, Augusta, Fellows, Kee & Nesbitt by Frank G. Fellows, Bucksport, Fitzgerald, Donovan & Conley, P.A. by Duane D. Fitzgerald, Donald A. Spear, Bath, for defendants.

Before DUFRESNE, C. J., and WEATHERBEE, POMEROY, WERNICK, ARCHIBALD and DELAHANTY, JJ.


WERNICK, Justice.

Before us are four cases raising similar issues resolution of which may be adequately achieved by discussion in a single opinion.

The cases are on Report upon stipulated facts (Rule 72(a) and (b) M.R.C.P.).1 Our decision is sought upon important and difficult questions of law precipitated as to four charitable trusts by provisions of the Federal Tax Reform Act of 1969 (hereinafter the "Tax Reform Act"),

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases