Charitable trust

Dictionary: 
Ballentine's Law Dictionary

A trust for the benefit of an indefinite class of persons, sufficiently designated to indicate the donors intention and constituting some portion or class of the public. See 171 111. 462, 63 Am. St. Rep. 241, 40 L. R. A. 730, 49 N. E. 527.

Author: 
James A. Ballentine
Publisher: 
The Bobbs-Merrill Company
Year Published: 
1916
Genre: 
Law Dictionary