Favorite team:US Space Force 
Location:Cajun Navy Vice Admiral
Biography:
Interests:Shooting hoops
Occupation:Hoop shooting
Number of Posts:41138
Registered on:10/4/2012
Online Status:Not Online

Recent Posts

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Anyone who reads his posts. Biggest stooge there is.
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Jbird


You are terrified of putting your opinion out there lmao.
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According to reports


Yall fall for this every time
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typically start at daylight, not before, like construction and all ancillary business to it, trash pick-up, etc.


Idk what bum arse lazy fricking place you live, but where I'm from we start that shite before the sun comes up.
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They paid a boatload of money to renovate this course and the winning score is going to be like -30.


Didn’t scottie win it last year at -31?
I’d have to be a billionaire to justify spending 200 bucks to see Jelly Roll
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My curiosity as I said was how the initial trust was built, if it cleanly stated after the sunset it becomes owned by NO, LSU and Tulane


As has been stated like 8 times, the original 1914 trust explicitly states that all assets held in trust are owned by the city and the city keeps the assets after the trust expires.

LSU and Tulane (and any other beneficiary) has no ownership claim to the trust assets. The city has owned those assets since wisner died.
Of the individuals who were beneficiaries of the trust, only a handful were actually descendants of Wisner. Many/most are descendants of the attorneys that Wisner’s shithead wife and kids hired to break up the trust and subvert Wisner’s last will and testament.
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if it wasn’t expected to end payouts


What do you mean?

Also, only in very limited circumstances (this is not one of them) can trusts last in perpetuity. If ai had to guess, 100 years was the statutory maximum back in 1914. I think it’s 50 years now.
Hilarious that this post got so many upvotes when it’s 100% incorrect lmao
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In establishing this trust, Wisner required the City of New Orleans to use funds generated from its use of the land “for the beautification of New Orleans and for the education, health and recreation of the city residents.” As the trust's principal beneficiary, the City held the trust corpus and would receive the bulk of the trust's revenue. Wisner named three income beneficiaries: Tulane University, Charity Hospital, and the Salvation Army. Wisner named the Mayor of New Orleans as trustee. Notably, at the end of the trust's one-hundred-year term, Wisner expressly granted all of the trust's immovable property to the City of New Orleans.


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In that same consideration of intention why shouldn’t it be that Winser never intended for a public entity to own ?


Because the original documents from 1914 explicitly bequeath the land/assets to the city of New Orleans? Again, you seem to think it's a matter of interpretation that Wisner wanted the land to go to New Orleans. It isn't. Idk what makes you think the other heirs would get the property.

You realize this whole thing started nearly 100 years ago because his heirs wanted to subvert his will and keep it for themselves right?

You realize that a most of the "heirs" are not related in anyway to Wisner at this point, but are heirs of the attorneys who were hired to break up the trust by Wisner's wife and kids back in the 1920s?
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Because the court annulled the agreement between Tulane and the city.


Where does the opinion say that?
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Jerome Powell is going to remain on the Fed board after his chair term ends.


Well yea his term isn’t up yet…
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So does this mean that Charity Hospital will continue to sit vacant instead of being redeveloped or demolished?


Why would it mean that?

Tulane is balls deep in redeveloping charity and has been for some time.
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Especially with a sunset wording of 100 years. That seems to be an intentional choice of limited timeframe towards the trust itself.


Sure,

But you seem to be under the impression that the property was intended to be owned by the heirs following the expiration of the trust. That’s not the case and Wisner never intended for the heirs to own the property.

The heirs sued to break up and annul the trust almost immediately after wisner died in 1928.
The heirs were never given possession. The city was given the property by wisner upon death.

This has been litigated numerous times and the heirs lose because their argument has no merit.