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charitable trust

Defined in 2 dictionaries — Case Law, Ballentine's (1916)

Definitions from Case Law

From 74 U.S. 1 - Girard v. Philadelphia · 1868Most cited · 55 citing opinions

Charity never fails; and it is the right, as well as the duty of the sovereign, by its courts and public officers, as also by legislation (if needed), to have the charities properly administered.

Ballentine's Law Dictionary

James A. Ballentine · 1916

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.