- 15 - all respects according to the applicable statutes of the Uniform Trustees’ Powers Act and The Constitution of the United States.” Mr. Hogue does not rely on article eighth of the trust declaration, which, in pertinent part, states: “A Successor- Trustee may be appointed by a court of competent jurisdiction or by consensus with the Trust Managers and Beneficiaries if the First Trustee resigns with 30 days notice.” Indeed, there is no evidence (and, thus, Mr. Hogue has failed to prove) that he was appointed trustee by a court of competent jurisdiction or by consensus of the trust managers (if any) and the beneficiary. 2. “Uniform Trustees’ Powers Act” On brief, Mr. Hogue provides the following citation and quotation from the “Uniform Trustees’ Powers Act”: “Uniform Power Trustee Act, Chapter 479 Of The Revised Statutes, 1989 amended 1992, c.8, s.37; 1994-95, c.19" APPOINTMENT OF NEW TRUSTEE 16(1) When a trustee, either original or substituted and whether appointed by the Court or a judge or otherwise, is deed [sic], or remains out of [the] Province for more than twelve months, or desires to be discharged from all or any of the trusts or powers reposed in or conferred on him, or refuses, or is unfit to act therein, or is incapable of acting therein, then the person or persons nominated for the purpose of appointing new trustees by the instrument, if any, creating the trust, or if there is no such person, or no such person able and willing to act, then, if the beneficiaries consent thereto in writing, the surviving or continuing trustees or trustee for the time being, or the personal representatives of the last surviving or continuing trustee, may, in writing, appoint another person or * * * [other persons] to bePage: Previous 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Next
Last modified: May 25, 2011