From Casetext: Smarter Legal Research

Indus. Nat'l Bank v. Drysdale

Supreme Court of Rhode Island
Dec 29, 1955
119 A.2d 729 (R.I. 1955)

Opinion

Eq. No. 2100.

December 29, 1955, Decided

Hinckley, Allen, Salisbury & Parsons, Stuart H. Tucker, Douglas W. Franchot, Providence, for complainant.

William E. Powers, Atty. Gen., Albert J. Hoban, Providence, Adm'r of Charitable Trusts, John R. Cosentino, Asst. Atty. Gen., for the State.

Edwin B. Tetlow, Providence, for respondents Isabel Drysdale and Mary D. Lueck.

Tillinghast Colllins & Tanner, Nathaniel S. Thayer, Providence, for respondent Louise Drysdale Andrews.


PER CURIAM.

After our decision in the above case the complainant and the respondents joined in a petition for leave to file a motion for reargument. They claim that at the hearing all parties had assumed, without arguing the point, that the proceeds of a resulting trust, if found by this court to have existed and subsequently to have failed, would pass to the testator's next of kin as described in the residuary clause of the will, and that our opinion in the latter respect is apparently contrary to the law generally governing the distribution of the funds.

In view of our other holdings in the cause, we are of the opinion that the parties should have an opportunity to argue the single issue relating to the proper distribution of such trust funds.

As thus limited the motion for leave to reargue is granted.


Summaries of

Indus. Nat'l Bank v. Drysdale

Supreme Court of Rhode Island
Dec 29, 1955
119 A.2d 729 (R.I. 1955)
Case details for

Indus. Nat'l Bank v. Drysdale

Case Details

Full title:INDUSTRIAL NATIONAL BANK, Tr., v. Isabel DRYSDALE et al

Court:Supreme Court of Rhode Island

Date published: Dec 29, 1955

Citations

119 A.2d 729 (R.I. 1955)
83 R.I. 175
1955 R.I. LEXIS 102

Citing Cases

Nugent ex rel. Saint Dunstan's Day School v. Saint Dunstan's College of Sacred Music

A necessary prerequisite to an application of cy-pres is a determination that the dominant intent of the…

Industrial National Bank v. Drysdale

This cause was previously before this court for the construction of the will of Robert Drysdale. See…