We cannot find a steadier, or more prudent man . " Jefferson and Adams were faced with difficult decisions by threats to American shipping from the Barbary corsairs.
32.
The so-called " prudent man rule, " an unwritten principle at many local investment firms, gave trustees broad powers to invest as they saw fit.
33.
This discounting of the relevance of the prudent man rule is more the result of market forces than it is of the needs of individuals for " safety of capital ".
34.
Putnam was the great-great grandson of Judge Samuel Putnam, whose 1830 opinion established the " prudent man rule " requiring fund trustees to place investors'interests first.
35.
God tells us that " a man of knowledge increases strength . . . Every prudent man acts out of knowledge ( Prov . 24 : 5, 13 : 16 ).
36.
The National Council of Commissioners on Uniform State Laws in Chicago and the American Law Institute, an affiliate of the American Bar Association, have been working to change the prudent man rule.
37.
The bank, as trustee, was bound to act in relation to the shares and to the controlling position which they conferred, in the same manner as a prudent man of business.
38.
What the prudent man of business will not do is to content himself with the receipt of such information on the affairs of the company as a shareholder ordinarily receives at annual general meetings.
39.
In time the emperor who had exiled Saint John died and his successor, a wise and prudent man, recalled all those who had been exiled and so Saint John returned to Ephesus.
40.
Samuel Putnam's historic " prudent man rule, " which he authored in 1830 as a justice of the Massachusetts Supreme Judicial Court, established the legal foundation for professional money management.
