To curb public drunkenness among both colonists and Native Americans, the Trustees issued a decree forbidding the sale of strong liquor in 1735.
This charter provided, among other things, that the new colony would consist of all the land between the headwaters of the Savannah and the Altamaha rivers, with its eastern boundary formed by the Atlantic Ocean and its western boundary by the "south seas," a reference to the Pacific Ocean.
What a Trustee Cannot Do. A trustee must abide by the trust document and the California Probate Code. They are prohibited from using trust assets for personal gain and must act in the best interest of the beneficiaries.
Georgia colonists complained the most, however, about three of the trustees' regulations: (1) restrictions on land ownership and inheritance, (2) a ban on slavery, and (3) prohibitions on rum and other hard liquors. Trustees' Regulations. The trustees wanted to prevent the development of a rich upper class.
Georgia's Charter of 1732 outlined in detail the reasons for Georgia's settlement and is a remarkable document based on its provisions for the colonists. Georgia was founded for three primary reasons: philanthropy, economics, and defense.
A trustee is a third party who is authorized by a settlor to execute and manage trust assets . A trustee holds the title of the trust asset.
Even though the Trustees expressly forbade Jewish people from settling in the new colony, Oglethorpe allowed the group to stay based on legal advice that the charter did allow religious freedom for all non-Catholics.
The US also has it's own definition, one that states that rum must be made from the fermentation and distillation of molasses, cane syrup, sugar cane juice or any other sugar cane by-product. It must be distilled to a strength of less than 95% ABV and have a minimum bottling strength of at least 40% ABV.
General James Oglethorpe and the other Trustees were not opposed to the enslavement of Africans as a matter of principle. They banned slavery in Georgia because it was inconsistent with their social and economic intentions.
Rum was a powerful economic engine. Demand for it became the foundation of colonial intercoastal and international trade. Distillers exported their wares to England, Ireland, southern Europe, and Africa. The beverage was integral to slaving.
First, due to the idea that the colony would be one for the “worthy poor,” the Trustees forbade rum (alcohol) and slavery in fears that both would make the colonists lazy and unwilling to work hard. Second, the trustees barred liquor dealers, lawyers, and Catholics from the colony.
It stands for Wine, Rice, Indigo, Silk, and Tobacco, which were the main cash crops that the colonies, including Georgia, were encouraged to produce and trade.
The charter granted the trustees the powers of a corporation; they could elect their own governing body, make land grants, and enact their own laws and taxes. Since the corporation was a charitable body, none of the trustees could receive any land from, or hold a paid position in, the corporation.
There are five general duties of the Trustee – to be prudent, to carry out the terms of the Trust, to be loyal to the Trust, to give the Trust their personal attention and to account to the beneficiaries of the Trust. The Trustee must act reasonably and competently in all matters of the Trust.
Trusts can be broadly categorized into four main types: Living Trusts, Testamentary Trusts, Revocable Trusts, and Irrevocable Trusts. There are many different types of trusts you can choose from, and understanding how they are different can help you pick the right one for your needs.
A Trustee will administer a Trust, handling the assets inside the Trust and distributing or managing them as the Trust directs. An Executor, on the other hand, oversees and manages an estate by distributing a deceased person's assets as directed by a Will.
Overview. Historians generally recognize three motives for European exploration and colonization in the New World: God, gold, and glory.
What does this tell us about James Oglethorpe? The motto for Oglethorpe and the trustees of Georgia was the Latin phrase, “Non sibi sed aliis” (“Not for self, but for others”).
The native name is Sakartvelo (საქართველო; 'land of Kartvelians'), derived from the core central Georgian region of Kartli, recorded from the 9th century, and in extended usage referring to the entire medieval Kingdom of Georgia prior to the 13th century.
A trustee is responsible for holding and managing property for the benefit of the trust's beneficiaries. Because of the enormous power placed in trustees, they are bound by a set of rules called fiduciary duties.
The trustees had many rules and regulations that they had to enforce. Some were that there were not blacks, liquor, lawyers, or Catholics allowed. Another is that the settlers could not own slaves or sell their land that was given to them for money. It lasted from 1732 to 1752.
A trustee is a person who takes responsibility for managing money or assets that have been set aside in a trust for the benefit of someone else. As a trustee, you must use the money or assets in the trust only for the beneficiary's benefit.