Re: HOMESTEAD: Trusteeship Trusts: can someone provide more info?

["Thomas Brandt" <TBrandt@dbedt.hawaii.gov>]

Deb,

I believe I wrote what you quote below.   But it was based purely on my
recall of Mollner's idea as expressed in the collection of essays Stuart
Speiser published after his Universal Stock Ownership Plan (USOP) contests
in the late 1980s.    So Mollner himself would be the best source to
consult to make sure I haven't distorted or over-simplified his idea.

Aloha!

Tom Brandt



                                                                                
       
                    Deborah Groban                                              
       
                    Olson                    To:     homestead@cog.kent.edu     
       
                    <dgo@esoplaw.com>        cc:                                
       
                    Sent by:                 Subject:     Re: HOMESTEAD: 
Trusteeship   
                    owner-homestead@co        Trusts: can someone provide more  
info?  
                    g.kent.edu                                                  
       
                                                                                
       
                                                                                
       
                    09/27/01 11:49 AM                                           
       
                    Please respond to                                           
       
                    homestead                                                   
       
                                                                                
       
                                                                                
       




Alan:

        It did not come from me and I do not know its source. I hope
someone out there can help us.
Deb
At 02:16 AM 9/27/01 -0400, you wrote:
>Deb Olson and I pulled the information quoted below out of the Homestead
>discussion and used it in our paper on new ideas for spreading ownership,
but
>we don't remember the source of it.  Can someone who knows about this
provide
>us with more information, ideally a citation for something published on
the
>idea?  Thanks.  --Alan Zundel
>
>"Terry Mollner of the Calvert Social Investment Fund proposed Trusteeship
>Trusts, similar in concept to Ackerman and Alstott�s �grubstake�
idea, but
>not dependent upon the federal government.  State and local governments,
>non-profit organizations, banks, philanthropists, professional/civic
>organizations and/or community groups could set up a program for any
>community (however defined); all that would be required would be some seed

>money, including some entity (perhaps state/local government) to guarantee
a
>seed loan if necessary.  Mollner believed such a program would eventually
be
>self-financing with initial recipients paying back their stake at death."