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Latest Trust law Stories

2014-05-23 16:22:03

DALLAS, May 23, 2014 /PRNewswire/ -- U.S. Trust, Bank of America Private Wealth Management, a division of Bank of America, N.A., as Trustee of the Hugoton Royalty Trust (NYSE: HGT), announced that at the special meeting of the Trust's unitholders held today, the unitholders of the Trust voted to approve the proposal to appoint Southwest Bank as successor trustee to serve as trustee of the Trust once the resignation of the current Trustee of the Trust takes effect. The effective date...

2014-05-23 16:21:50

DALLAS, May 23, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today announced that the Special Meeting of the Trust's unit holders scheduled for today for the purpose of obtaining approval of the appointment of Southwest Bank as successor trustee of the Trust, was adjourned due to the lack of the requisite quorum. The Special Meeting has been adjourned until Friday, June 20, 2014 at 1:00 p.m., local time, at Shady Oaks Country Club, 320 Roaring Springs Road,...

2014-05-22 20:20:57

DALLAS, May 22, 2014 /PRNewswire/ -- Dominion Resources Black Warrior Trust (NYSE: DOM) today announced that the Special Meeting of the Trust's unit holders scheduled for today for the purpose of obtaining approval of the appointment of Southwest Bank as successor trustee of the Trust, was adjourned due to the lack of the requisite quorum. The Special Meeting has been adjourned until Thursday, June 19, 2014 at 2:00 p.m., local time, at the Trustee's offices, 901 Main Street, 17(th)...

2014-05-20 12:24:06

DALLAS, May 20, 2014 /PRNewswire/ -- Dominion Resources Black Warrior Trust (NYSE: DOM) today announced a quarterly cash distribution to the holders of its units of beneficial interest of $0.191957 per unit. The distribution will be payable June 9, 2014 to unitholders of record on May 30, 2014. Dominion's cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at...

2014-05-19 12:23:19

DALLAS, May 19, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.120209 per unit, payable on June 13, 2014, to unit holders of record on May 30, 2014. This month's distribution increased from the previous month due to increased oil production and lower capital expenditures and lease operating expenses on the Waddell Ranch properties. Production for the Trust's...

2014-05-19 12:23:02

DALLAS, May 19, 2014 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.296768 per unit, payable on June 27, 2014, to unitholders of record on May 30, 2014. Marine's cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at...

2014-05-19 12:22:54

DALLAS, May 19, 2014 /PRNewswire/ -- U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Hugoton Royalty Trust (NYSE - HGT) (the "Trust"), today declared a cash distribution to the holders of its units of beneficial interest of $0.263851 per unit, payable on June 13, 2014, to unitholders of record on May 30, 2014. The following table shows underlying gas sales and average prices attributable to the net overriding royalty payments made by XTO Energy Inc. (XTO...

2014-05-19 12:22:47

DALLAS, May 19, 2014 /PRNewswire/ -- U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Cross Timbers Royalty Trust (NYSE: CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.250407 per unit, payable on June 13, 2014, to unitholders of record on May 30, 2014. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions....

2014-05-13 23:02:00

Kiss Trust Lowers Cost of Distributions Over 70% Belcamp, MD (PRWEB) May 13, 2014 Kiss Trust continues technology platform innovation. The most recent enhancements to Kiss Trust’s technology platform allow the cost of distribution processing to be lowered by over 70% to a flat fee of $35 for all current and future clients. “Our task is never finished here at Kiss Trust, we are always challenging how our process can be improved to benefit our clients,” says Floyd Simeon, Chairman....

2014-05-09 23:08:34

For more than 50 years, the month of May has been designated as a time to recognize the nation’s senior population. In honor of National Older Americans Month, elder law attorney Anthony J. Enea, managing partner at Enea, Scanlan & Sirignano, LLP in White Plains and Somers, N.Y., is offering tips to help those in or approaching their elder years to take a proactive role in planning for the future. White Plains, NY (PRWEB) May 09, 2014 For more than 50 years, the month of May has...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.