Word: trust
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Dates: during 1940-1949
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...Private Property, and Recent Federal Legislation," by Professor E. Merrick Dodd; Jan 15, "Heresy about Hearsay," by Professor John M. Maguire; Feb 5, "Dispositions of Property: The Use and the Drafting of Class Gifts," by Professor Andrew J. Casner; Feb 12, "Dispositions of Property: The Use and Drafting of Trust Provisions," by Professor Austin W. Scott; Feb, 19, "Dispositions of Property" The Influence of Taxation," by Professor Erwin N. Griswold; and March 5, lecture by Professor Harold D. Hazeltine, of Cambridge University, England, now doing research at Harvard...
...dedication. Here muster, not the forces of party, but the forces of humanity. Men's hearts wait upon us; men's lives hang in the balance; men's hopes call upon us to say what we will do. Who shall live up to the great trust? Who dares fail to try? I summon all honest men, all patriotic, all forward-looking men, to my side. God helping me, I will not fail them, if they will but counsel and sustain...
...trust. It bore the first onslaughts of criticism, lawsuits, public investigation by people to whom the unfamiliar monster was "a conspiracy, a dark plot born in greed."* Greedy men exist, observes Nevins, but they seldom pile up colossal fortunes. Rockefeller himself said that his great aim was "achievement," and, says Biographer Nevins, "the statement was true." He adds: "We must not forget that Rockefeller began to give as soon as he began to earn...
Philanthropist Rockefeller planned his charities as carefully as he planned his trust. His purpose was threefold: 1) to start object lessons in charity; 2) to start programs for others to carry on; 3) to start others giving by giving himself. But he was against setting up any charitable foundation "in perpetuity." Said Rockefeller: "Perpetuity is a pretty long time." With age John D. Sr. came to depend more & more on John D. Jr. to run his empire. He thought the young man did his job very well. But he ruthlessly curbed any tendency to spendthriftness...
...Excluded: banks, trust companies, insurance companies, investment houses...