17 Mar 2009
M W JAMES CHARITABLE TRUST HC DUN CIV-2008-412-874
- Citation
- openlaw-f13d1172_fed4_49ef_96e4_4409e9cee457.pdf
- Court
- High Court
The Court held it was just and equitable to liquidate the M W James Charitable Trust and appointed Murray Neil Frost as liquidator; the net proceeds of the Trust were to be distributed equally among the nine named charitable beneficiaries, subject to a condition that each charity accept the payment for a purpose identified with the gift from the M W James Charitable Trust (with the Dunedin Diocesan Trust Board's distribution to be applied to the Cathedral Fabric Combined Fund); trustees may recover reasonable costs of the proceedings from the Trust and specified modest costs awards were direc…