4 PRACTICAL TREATISE ,Qtl»^^ THE LAW OF TRUSTS TRUSTEES. BY THOMAS LEW IN, ESQ., or TKIXITT CoLLEiJE, OXOX^ M. A., AXD OF U?(C0L.<«'8 IX<<, DAHRISTER-AT-LAW, OKI or Till OO.XVETAXCIXO COIXSEL TO TDE COCBT Of CUANCEItY. SECOND AMERICAN, FROM THE THIRD LONDON EDITION. PniLADELPUIA: T. & J. W. JOHNSON & CO., LAW BOOKSELLERS AND TUBLISHERS, No. 636 CHESTNUT STREET. 18 58. I?^- T Rotb, Pile Sc U'Eircy, Pr'a, Ledge Street, Tbilada. Ta the iligM ;^]ononl)lc %qx^ §t. ^fonariis, ETC. ETC. ETC. My Lord, The rare talents mid inilifutignblc iiulustry. whidi. without any extrinsic aid. have raised your Lordsliipto tlie most honorable eminence, command the admira- tion and respect of every Mejubcr of the Profession. Personally, I feel myself under peculiar oblipations. Your Lordship's writings have been the models, and have furnished no small part of the materials, for the present treatise; and your Lordship's appointment of me as one of the Convey- ancing Counsel to the Court, has enabled me to bring to the revision of my work an enlarged practical experience. Permit me. my Lord, on these public and private grounds, to dedicate tlie fol- lowing pages to your Lordship ; and witli the earnest hope that your Lordsliip's valuable life may long be preserved to the Profession and the community at large, I remain your Lordship's most obliged and grateful servant. THE AITTUOIJ. "yR TT -r ^; rUEFACE. In the present Edition the Author has recast the earlier part of the work, and, besides incorporating recent cases and statutes, and inter- spersing much additional matter throughout, has appended a supplemen- tary chapter on Pleading and Practice. The correction of the press was kindly undertaken lor the Author by Mr. F. 0. Haynes, whose extensive knowledge of law and careful research are well known at the Chancery IJar. Had the labours of Mr. Ilayues gone no further, the Author would have felt grateful fur tlie assistance, but in fact, 3Ir. Ilaynes, as the sheets passed through hi;, hands, has identified himself with the Author, and examined into the law — has inserted additional authorities which had been inadvertently omitted, and corrected mistakes into which the Author had occasionally fallen. Moot points, also, as they arose have been freely discussed, and the reader has the benefit of the conclusions arrived at. The Author is of course to be held responsible for the errors which remain, but the value of the work (whatever it may be) has been unquestionably much enhanced by the legal acumen and learning which Mr. Haynes has imported into it. The Index has been compiled for the Author by 3Ir. P. A. Kingdon, a much esteemed former pupil. The merits of this part of the work will be best tested in the use, but a superficial glance will show that never were more pains taken to render an Index as perfect as possible. The Author begs in conclusion to thank his coadjutors for their timely VI LEWIN OX THE LAW OF TRUSTS, ETC. aid and to assure them that he appreciates his own performance much more hic^hly from the circumstance that two gentlemen of their talents and standing, have condescended to bestow upon it so much of their time and labour. July 4, 1857, TABULAR ANALYSIS. The pages referred to are those between brackets [ PART I. Definition of a trust, p. 15. Classification of trusts, p. 21. Creation of trusts, p. 21. By act of a party, p. 24. By operation of law, p. 176. I I I I I Necessary par- What property Formalities The object Of the Ian- ties to a may be made required, proposed, guage de- trust, p. 24. subject to a p. 56. p. 103. claringthe trust, p. 45. trust, p. 140. 1 i Lawful Unlawful trusts, trusts, p. 103. p. 131. Express Implied trusts, trusts, p. 140. p. 1C7. Executed, Executory, p. 144. p. 144." 1 i In marriage ar- In wills, tides, p. 146. p. 153. Settlor, Trustee, Cestui At com- Under Stat. Under Stat. Of trans- p. 24. p. 30. que mon of Frauds, of Wills, mutation trust, law, p. 60. p. 65. of pos- p.41. p. 56. session, p. 81. Resulting trusts, p. 176. Constructive trusts, as renewal of leaseholds, «&c., p. 217. Legal interest, but not the equitable, disposed of, p. 176. Upon purchases in names of third persons, p. 199. By presumption By force of words, In name of a stran- In name of a of law, p. 177. p. 181. ger, p. 199. child, p. 207. Yin LEWIN ON THE LAW OF TRUSTS, ETC. PART II. The Trustee. Disclaimer and ac- ceptance, p. 232. The legal estate in the trustee, p. 246. The ofiBce of trustee, p. 289. How vested, p. 246. Properties of estate, p. 260. ■^'hat owners of the estate bound by the trust, p. 279. At common law, p. 260. By statute, p. 273. General properties, Duties of trustees. Powers, Allowances, Relinquishment p. 289. p. 326. p. 512. p. 545. of office.p. 565. 1. Renunciation, p. 289. 2. Delegation, p. 290. 3. Joint nature of the ofiBce, p. 297. 4. Survivorship, p. 299. 5. Liability, p. 302. 6. Trustee excluded from all benefit, p. 318. General, For trouble, p. 545. p. 512. For expenses, p. 557. Special, p. 524. I \ By consent of By power, ceshd que p. 566. trust, p. 565. By suit, p. 582. II I I I I In trusts In trusts of In trusts to pre- In trusts In trusts for In trusts for of per- renewable serve contin- for sale, payment of charities, sonalty, leaseholds, gent remain- p. 414. debts, p. p. 492. p. 326. p. 383. ders, p. 404. 474. 1. Reduction into possession, p. 326. 2. Safe custody, p. 332. 3. Investment, p. 337. 4. Liability of trustees to payment of interest, p. 358. 5. Distribution of the trust fund, p. 365. General Trustees' duties, receipts, p. 414. p. 428. Purchase of the trust property by trustees, p. 460. TABULAR ANALYSIS. PART III. The Cestui que Trust. Estate as be- tween cestui que trust and trus- tees, p. 585. Estate as affect- ed by dealings of cestui que trusty or by operation of law, p. 600. Subsidiary rights of cestui que trusty p. 693. Maxims of equity in support of the cestui que trusts' estate against the acts of the trustee, p. 792. Statutory enact- ments remedy- ing inconveni- ences from the disability of the trustee, p. 832. In the sim- In the spe- ple trust, cial trust, p. 585. p. 597. I i I. Jushabendi, Jus dispo- p. 585. nendi, p. 595, Relief against failure of the trus- tees, p. 693. I Rights in preven- tion of a breach of trust, p. 710. 1. Assignment, p. 600. 2. Testamentary disposition, p. 615. 3. Seisin, p. 617. 4. Dower and curtesy, p. 621. 5. Feme covert, p. 627. 6. Judgments, p. 646. 7. Extents, p. 673. 8. Forfeiture, p. 674. 9. Escheat, p. 678. 0. Descent, p. 680. .1. Assets, p. 681. I Remedies in event of a breach of trust, p. 724. Appointment of pro- per trustees, p. 710. Compulsion of trus- Injunction against breach tees to duty, p. 718. of duty, p. 723. Of following the specific trust es- tate, p. 724. Of attaching property into which the trust estate has been converted, p. 753. Remedy against the trustee personally, p. 763. Remedies in breaches of trust by trustees for charities, p. 778. PART IV. Pleading and Practice in reference to the Law of Trusts and Trustees. \ Necessary Order and man- parties ner of suing to suits, and defending, p. 841. p. 856. I Distringas, p. 858. I Compulsory payment into court, p. 864, I Receivership, p. 869. I Costs of suit, p. 872. CONTENTS. M l The pages referred to are those between brackets [ ]. INTRODUCTION. Origin of trusts, .... Invention of the subpoena, The simple trust or use, Confidence in the person of the trustee, . Privity of estate in the trustee. Privity as applied to the estate of the cestui que t The special trust, .... Both kinds of trusts applicable to chattels. Statute of 1 R. 3_, c. 1, . What trusts within it, . [Whether a trust could have been declared on an Statute of 27 Hen. 8, c. 10, [Mr. Sanders's doctrine, that before this statute i declared on an estate in tail, or for life. What trusts within the statute, Introduction of the modern trust, Statutes against uses not applicable to trusts, Trusts at first administered on principles of uses, Subsequent improvements of the system, In respect of the estate in the trustee, In respect of the cestui que trust, . Principles governing trusts at the present day, estate for life, use could 6, note have been 7, note 1 1 2 2 3 3 4 4 5 5 (1)] 7 (1)] 9 9 10 11 13 PART I. DEFINITION, DISTRIBUTION, AND CREATION OF TRUSTS. CHAPTER I. DEFINITION OF A TRUST. 1. A trust is a confidence, 2. Reposed in some other, How far the equitable merges in the legal estate, 3. Not issuing out of the land, but collateral to it, 4. Annexed in privity to the estate, 5. Annexed in privity to the person, 6. Cestui que trust has no remedy but by subpoena in Chancery, 15 15 16 18 18 19 19 LEWIN ON THE LAW OF TRUSTS, ETC. CHAPTER II. CLASSIFICATION OF TRUSTS. The simple trust, . The special trust, . _ The latter either ministerial. Or discretionary, . Mislure of trust and power. Trusts lawful and unlawful. Trusts public and private. 21 21 21 21 22 22 23 CHAPTER III. OF THE PARTIES TO THE CREATION OF TRUSTS. Section I. OF THE SETTLOK. Who may create a trust. The Crown, Corporations, Kfeme covert, As to property settled to separate use. Infants, .... Lunatics, .... Traitors, felons, and outlaws. Bankrupts and Insolvents, 24 24 25 25 2G 26 27 28 29 Section II. WHO MAY BE A TRUSTEE. The Crown, A Corporation, . Bank of England, Feme covert ought not to be appointed, Nor a feme sole, Nor an infant. Alien may be a trustee of chattels personal. Person domiciled abroad not a fit trustee. Bankrupts and insolvents not absolutely disqualified, Cestuis que trust should not be appointed trustees, Proper number of trustees, . . . 30 31 31 34 35 35 39 40 40 40 40 Section III. WHO MAY BE CESTUI QUE TRUST. The Crown may be, ....... 42 A corporation not, so as respects lands, without license from the Crown, 43 Nor alien, of lands, ....... 43 Secus as to proceeds of sale of land directed to be sold, . . .43 CONTENTS. xm CHAPTER IV. WHAT PROPERTY MAY BE MADE THE SUBJECT OF A TRUST. Copyholds may be, . No power to entail equitable interest of copyholds where no custom to en tail legal interest, Equitable interests in foreign property, Equities in relation to West Indian property, Equities in respect of lands in Scotland, . Demerara property. Lands in Ireland, .... Covenant to settle lands in Demerara, Trusts of lands abroad. 45 46 46 47 48 49 50 51 53 CHAPTER V. OF THE FORMALITIES REQUIRED FOR THE CREATION OF A TRUST. Section I. OF TRUSTS AT COMMOX LAW. Trusts are averable like uses, .... Averment must not contradict the instrument. Trusts not averable where deed requisite to pass the legal estate, Nor upon a devise even at Common law, . Nor on a bequest or appointment of executor. Declaration of trust by or to the kin, Section II. OF THE STATUTE OF FRAUDS. I. What interests within the Act, Copyholds are so, . And chattels real, .... Chattels personal not so, • Charitable uses within the Act, Whether Crown bound by the statute. Land in the Colonies, Whether statute must be pleaded, . II. What formalities required by the statute, Trusts to be proved bij not declared in writing. Letter or recital sufficient, . Relation to subject-matter and nature of trust must be clear, The writing must be signed, .... Section III. OF the statute of wills. Principle of rejecting declarations not testamentary, Case where no trust appears on the will and no fraud exists, Where the devisee is made a trustee by the will, and the testator leaves an informal declaration of trust, ...... Exceptions to the rule, ....... 1. General charge of debts and legacies under the old law, 2. Fraud, ......... Janu,iry, 1858. — 2 56 56 57 58 58 59 60 60 61 61 61 62 62 62 62 62 63 64 64 65 68 68 69 69 70 3^y LEWIN ON THE LAT7 OF TRUSTS, ETC. En 11. Of the legal estate in the trustee as regards the construction of cer- tain statutes, ....•••• Of the Bankruptcy Act, . . . . ; • •« The legal estate, in the case of a bare trust, does not vest in the assignees, Nor the property into which the trust estate may have been converted, . In whose name actions for recovery of the trust estate from the assignees must be brought, ....... If trust estate cannot be traced, the representative of the trust must prove for the value, . . . . ._ • _ . When the bankrupt has an interest, the legal estate vests in the assignees as a general rule, ....... Effect of the clause relating to property left in possession of the bank- rupt, ......... Of the Insolvent Act, ....... Of judgments against the trustee, ...... 270 271 272 272 273 273 274 274 275 276 276 277 278 278 Section III. WHAT PERSONS TAKING THE LEGAL ESTATE WILL BE BOUND BY THE TRUST. Heir and executor, . Devisee, .... Assignees, .... Dowress, tenant by the curtesy, creditors, &c., Forfeiture, .... Escheat, .... Escheat in copyholds, In customary freeholds, Equity of redemption. Escheat and Forfeiture Act, Trustee Act, 1850, . Outlawi-y of the trustee, Bankruptcy of the trustee, . Disseisor not bound by the trust, . 279 279 279 279 280 280 283 283 284 285 286 287 287 287 CHAPTER XII. GENERAL PROPERTIES OF THE OFFICE OF TRUSTEE. I. A trustee having accepted the oflBce cannot renounce So an executor, .... Though he may not have proved, . ^ II. Trustee cannot delegate the office, . Unless the settlor so directed. Trustee acting as agent, Delegation allowed where moral necessity for it. Trustee not required to take security. How trust money to be transmitted, Payments at bank must be to account of trust. Rule at law as to liability of executors, . Delegation of discretionary trust void. Even to a co-executor or co-trustee, A power does not pass with the estate, '. Delegation distinguished from appointment of an attorney 111 Lo-trustees exercise a joint office, . In public trusts the majority binds. it, 289 289 290 290 291 292 292 295 295 296 296 296 297 297 297 297 298 CONTEXTS. XXI 299 IV. On death of one trustee the office survives, . Though there be a power of appointment of new trustees, . . ' ^ao V. A trustee not liable for the acts of his co-trustee, . . * onA Not responsible for having joined in receipts, . . _ • • 304 Onus probandi lies on each trustee to prove he did not receive the money, d05 Is liable for joint receipts if money be improperly raised, . . ' q2« Must not let it lie in the hands of a co-trustee, . . • * o? a Executor liable for joining in receipts, . . . • " qTa Lord Northington's doctrine in Westley v. Clark, . . . . diU Lord Harcourt's opinion that an executor is liable to creditors, but not to legatees, . . • • '...,' ' * ?i i Executors liable for joining in drawing or indorsmg bills, . . J,. Not liable where joining was as necessary as in case of trustees, . . 314 Must see that the act is in accordance with the trust, . . ' qT « Must not leave the money in the hands of the co-executor, . * oi a Not answerable for so much as was well applied, . . . ' V\c Co-administrators on same footing as co-executors, . • • 31b Liability of trustee for concealment of breach of trust by a co-trustee, . 317 Indemnity clauses, . . • • • • • * qiq VI. Trustee can derive no advantage from the trust, . . .318 Not entitled to the game, ...•••• 318 Or to present to an advowson, ....•• 318 Cannot buy up debts, . • • • • • * o! q How far mortgagee regarded as a trustee, . . • • ' o! q Trustee trading with the trust estate must account for the profits, . 319 Must not be receiver with a salary, . . • ex.- x. •' Trustee who is a factor, &c., cannot make a profit in the way of his busi- ness from the trust, ...•••• 320 Case of solicitor trustee, . . > • • • • ^j^ Attorneys, guardians, &c., in the same position as trustees, . • 3Z0 Trustee may derive an accidental advantage, . • • • 321 Purchaser dying without heir after payment of purchase-money, and before conveyance, . . • • • • • ' 099 Of mortgagor dying without heirs, ..... ^^^ 0? cestui que trust aXiami&^iov Monj, . . . . • 323 Whether on creation of trust in fee there can be any reverter to the creator of the trust, . . . • . • . • • • „^ Trustee cannot enforce his beneficial interest in equity, . . . ^^^ May obtain possession at law, . . . • • • ^^^ On death of cestui que trust of a chattel without next of kin, the Crown entitled, ......•• 324 CHAPTER XIII. DUTIES OF TRUSTEES OF CHATTELS PERSONAL. Section I. OF REDUCTION INTO POSSESSION. There must be no delay in getting in choses en action, . • _ '090 Executor must not allow assets to remain out upon personal security, . 328 May upon mortgage, ...•••• ^^" Section II. AS TO THE SAFE CUSTODY OF THE CHATTEL. Trustees must exercise same care as a man would for himself, . • 332 Robbery of the trust property, ...••• 332 332 332 332 3B4 334 336 337 ^xii LEWIN ON THE LAW OF TRUSTS, ETC. Insurance of leaseholds, . • _ • .', , t, i Money may be deposited temporarily in a responsible banU, The deposit must be to the account of the trust, . Must not be put out of the control of the trustee, . Or under the sole control of the co-trustee, . _ • Responsible for failure of bank if he ought to have invested, Mixing trust fund with private property, . Section III. OF INVESTMENT. As to the proper investment of trust money, . • • * 0-7 Trustee may not lend on personal security, . • • '000 Unless expressly authorised, . • • • • • ^^° A power to lend on personal security does not extend to an accommoda- tion, m Power to lend with consent, ...••• ^*^ Investment in trade, ...•••• 340 Loan by way of annuity, . . • • •. T i ' oTi On personal security where it should have been real security or stock, . d4i Trustee may not invest on stock of any private company, . .341 Exchequer bills are government securities, .... 342 Whether he may invest on mortgage, ..... 342 Mortgage to replace stock and pay interim dividends, . . . 344 Points to be attended to in loans on moitgage, .... 345 Value of the security, . . • • • • • ^^^ In loan of trust money the trust kept out of sight, . . . 346 When authorized to lend on real estates in England, may now lend on estates in Ireland, Investment on leaseholds for lives. On leaseholds for years. Purchase of house property. Copyholds for lives. Second mortgage, . Mixing trust money in mortgage, Mortgage of a reversion, Loan upon a judgment, Safest investment (where no power) in 3 per cent. Bank Annuities, . 351 Other government securities, ...... 352 Where successive estates limited, government securities other than the 3 per cent, must be converted into that fund, . . . 352 Tenant for life must refund what surplus interest he has received, . 353 No conversion directed where stock is devised specifically, . . 354 Investment in 3 per cent, reduced, ordered by court under special circum- stances, ........ 354 Mortgages need not be called in, . . . . . . 354 Assets in India may be invested on the securities of the company, though yielding 10 or 12 per cent., ..... 355 Trustees neglecting direction to purchase stock answerable for the amount that might have been purchased, ..... 355 Trustees selling out improperly liable to cestui que trv^t, at his option, for specific stock or proceeds, with interest at 5 per cent., . . 356 Trustees must not put the fund under the control of one of themselves singly, ........ 357 Section IV. LIABILITY OF TRUSTEES TO PAYMENT OF INTEREST. Trustees charged with interest for improper retainer, . . . 358 So executors, ........ 358 347 349 349 349 350 350 350 350 350 CONTENTS. SXlll And assignees of bankrupts, &c., . Delay may be explained, .... No excuse that they did not use the money. Formerly an executor was considered entitled to use the assets, At least where solvent, .... Unless assets specifically bequeathed, Rule general now that executor must account for assets,^ Where trust money used in trade cestui que trust may claim either or the actual profit, . . . General rate of interest 4 per cent.. Under what circumstances compound interest charged, Trustee charged 5 per cent, where gross misconduct. Whether simple or compound interest chargeable where moneys trade, ..... Where accumulation directed, compound interest. Time from which interest charged. Interest on money lost that never came to hand, . interest used in .S59 359 360 360 360 360 3G0 361 361 361 362 363 364 364 364 Section V. OF THE DISTRIBUTION OF THE TRUST FUND. Mistake Is at the risk of the trustee, .... Advice of counsel, ...•••• Suit, . . . . . • • . • Cestui que trust a feme covert whose husband is bankrupt or insolvent, Equity to settlement, . . • • _ • Collusive reduction into possession o^ feme's chose en action, Authority from cestui que trust to receive, Genuineness of the authority. Payment to an infant, Payment to a partner, Release, Act for the relief of trustees, 365 366 367 369 370 370 372 372 373 373 373 376 CHAPTEK XIV. DUTIES OF TRUSTEES OF RENEWABLE LEASEHOLDS. I, In what cases the obligation to renew is imposed, . . . No such obligation from mere circumstance of successive estates limited. Mere interposition of trustee will not create the obligation, Nor the circumstance that the settlement was on marriage. If renewable leaseholds be articled to be settled, the court inserts a clause for renewal, . . . . • Direction to renew may be in the form of a power, II. In what manner the fines upon renewals are to be levied. Where the fines are directed to be raised from " rents and profits," and the leaseholds are for years, .... Fines to be levied out of rents and profits or by mortgage. Where the leaseholds are for lives or years determinable on lives, Mode lately adopted by the court for raising the fines, Of raising fines by insurance, .... Power of charging freeholds for raising the fines, . Who shall have the rents applicable to fines where no renewal can be ob- tained, . . . . . _ • Mode of redress where rents applicable to fines not levied. Case of direction to renew and fund for raising the fines not specified, Mortgage seldom feasible, ...... 383 383 384 385 385 386 386 386 387 388 390 391 391 392 392 393 393 XXIV LEWIN ON THE LAW OF TRUSTS, ETC. ^Sf:?::r!^^^'^s between- tenantVor life 'and remainder.an, Canons laid down in Nightingale v.LawsoD, • ; How rale of contribution to be applied to leaseholds for lives, Where no trustee interposed tenant for life is trustee, . Receiver appointed where tenant for life threatens not to renew, No suit for compensation until after death of tenant for hfe. Admission fines to copyholds, . . • • 393 395 396 398 402 402 402 402 CHAPTER XV. DUTIES OF TRUSTEES TO PRESERVE CONTINGENT REMAINDERS. Forms in which settlements containing such a trust are drawn, . What duties imposed in each form, ', ' ' * I Duties until the eldest son has attained twenty-one, . Imperative upon the trustees not to destroy the contingent remainders, Though the settlement was voluntary, .... Remedy where the remainders have been destroyed, _ . Collateral heir of the husband not entitled to compensation. Heir apparent not entitled during the lifetime of the father, Court has no jurisdiction to destroy the .-emainders. Exceptions in Piatt v. Sprigg and Bassett v. Clapham, . II. Duties after the eldest son has attained twenty-one. Destruction of remainders matter of discretion, Proper, where object is to resettle estate on marriage of eldest son. Improper, where no purpose, or none that is reasonable, . Of distinction between settlements and wills. Effect of the Fines and Recoveries Act, . . . Contingent remainders no longer destructible by forfeiture, surrender, merger, ....••• . 404 . 404 . 405 . 405 . 406 . 406 . 406 . 406 . 407 407, 408 . 408 . 408 . 409 . 409 . 410 . 411 413 CHAPTER XVI. DUTIES OF TRUSTEES FOR SALE. Section I. GENERAL DUTIES OF TRUSTEES FOR SALE. May sell without application to the Court, Must consult the advantage of the cesiuis que trust, Each trustee responsible, ..... Trustees allowed reasonable time to sell, . May not lease, ...... Nor, as a general rule, mortgage, .... Trust to mortgage -will not authorize a sale. Nor a power of sale a partition, .... Sale under usual power in settlement, . . , Special cases in powers of sale, .... Raising portions, ...... Should ascertain value of the estate. And whether good title can be made. Where the estate is settled, may not sell the timber exclusively, May sell by auction or private contract. May employ agents, ..... If sale by auction, proper advertisements must be given, . 414 414 415 415 416 416 417 417 417 419 420 421 421 421 422 422 422 CONTENTS. XXV Of conditions of sale, Of selling in lots, . Of buying in. Of auction duty, Of letting into possession, . Of the conveyance, Of covenants, Attested copies and covanant for production. Sale of leaseholds, .... Of sale by mortgagee under a power. As to cestuis que trust joining in the conveyance, Trustees bound to answer inquiries, Custody of vouchers, Land discharged when money raised. 423 423 423 424 424 424 425 425 426 427 427 427 428 428 Section II. POWER OF TRUSTEES FOR SALE TO SIGN DISCHARGES. Trust for sale for payment of debts, ..... Sale of more than the purpose requires, ..... Sale of estate charged with legacies not yet payable, Principle of seeing to the application of purchase-money. Trust to sell implies power in some one to sign discharges. Case of infant cesttds que trust, ...... Special trust declared of the proceeds of the sale. Power to sell and invest in new purchase, .... Trust to lay out and invest, ...... Trust to pay debts, ....••• Trust to pay scheduled debts or legacies, . . . • Power to sign receipts, a question of intention at date of the instrument of trust, .....♦••• Forbes v. Peacock, ....••• Cases upon power to give receipts where a testator merely charges an estate with payment of debts, ..... 1. Devise to trustees subject to a charge of debts, 2. Devise to a person beneficially subject to a charge of debts, 3. Charge of debts and no devise, . . • • • 4. Charge of debts and a subsequent devise to a devisee who dies in the testator's lifetime, ....••• 5. Charge of debts and the estate subsequently devised upon various limitations, . . . • • _ • General consideration of trustees' power to give receipts resumed, Receipts of person to whom the trust has been delegated^ Receipts of trustees appointed by the court, Receipts after breach of trust. Suggestions, where no power of signing receipts, New principle suggested, . Cestui que trust abroad, Receipts of executors, Notice of the will, . Fraud, Sale for nominal consideration, Sale by executor for payment of his own debt, For other private purposes. Sale of specific chattel, and notice that debts have been paid. Payment to executor who will probably misapply the money, Payment after long interval from testator's death. Sale by executor's banker, . . • • Who may impeach the sale, . . • • Effect of time, ....•• 428 429 430 430 431 432 432 433 433 434 435 436 437 440 440 443 444 447 447 448 449 449 450 451 452 453 453 454 455 456 456 457 458 458 458 459 459 459 XXVI LEWIN ON THE LAW OF TKUSTS, ETC. Section III. OF PURCHASES BY THE TRUSTEES OF THE TRUST PROPERTY. Principle of the rule that trustees cannot purchase, Lord Rosslyn's opinion, •.•,,* Trustees cannot buy as agents for otners, . Or employ an agent to buy for themselves. Cannot lease to one of themselves, . • • • Trustee who has disclaimed, .* , ' . Trustees may purchase from cestui que trust, • „ ' ,. , . But the rSon of trustee and cestue que trust mus first be dissolved . fnstances where purchases by trustees from cestm que trust have been Saidfharcei^i«'5 que trust 'solicitor must be specially authorised to deal with the trustee, Where creditors, all must join, . • Court will not authorise trustee to bid, Case of infant cestuis que trust, . • Rule applicable to executors, assignees, &c., . Of the terms upon which the sale will be set aside. Cestui que trust may recover specific estate, . Allowances will be made for improvements and repairs, . Exception where actual fraud, . \ . ' e ^' Case of purchase-money paid into court ind a rise ot stock. Immediate conveyance ordered, .... Titles of lessees not prejudiced, .... Cestui que trust may pray a resale. Estate will be put up at the purchase-money, . . Expense of repairs and improvements will be added to the purchase-money, As to resale in lots, ..... Any creditor may insist on a resale, . . . ^ Case of subsequent sale by the trustee to purchaser without notice Case of resale of shares in mines, .... Of the costs of suit, . . . _ • Within what time cestui que trust may set aside the sale, . Laches not imputed to femes covert and infants, . Not to creditors in same degree as to individuals, ._ No laches where cestui que trust was ignorant of his right, Or was in distress, ...... Of confirmation of the sale, .... 460 461 462 462 462 462 463 463 464 464 464 465 465 465 465 466 466 466 467 467 467 467 468 468 468 . 469 / 469 . 469 . 469 . 470 . 471 . 471 . 471 . 471 . 471 CHAPTER XVII. DUTIES OF TRUSTEES FOR PAYMENT OF DEBTS. Trust created by will, . . . . . . .474 By act inter vivos, ........ 474 1. Where person is not a trader, ..... 474 Insolvent Debtor's Act, . . . . . . .475 Trust attended with fraud, . . . . . . .476 Voluntary trust, . . . . . . . .476 Terras of the composition must be observed, .... 476 2. Where person is a trader, ...... 477 Bankruptcy Act, ........ 477 Creditors acquiescing, . . . . . . .479 Late act allows a composition, ...... 479 Trader may assign part of his property, ..... 480 Division of trusts for payment of debts, ..... 480 1. Irrevocable trusts, . . . . . . . 481 2. Revocable trusts, . . . , . . .481 CONTENTS. XXVll Duties of trustees for payment of debts, What debts are to be paid, . Debts barred by Statute of Limitations, Infants' debts. Mortgage witli covenant, . Creditors to come in within a certain time, Discretion given to trustees, Order of payment, . Creditors and legatees. All creditors 'paid pari passu,^ Specialty creditors, . Trustee who is also executor, Allowance of interest, Specialty debts. Bond creditors, . . • 481 481 484 485 485 486 486 487 487 488 488 488 489 491 491 CHAPTER XVIII. DUTIES OF TRUSTEES FOR CHARITIES. Charities either in the hands of trustees or incorporated, . Prefatory remarks on the visitatorial power. Distinction between original endowment and new donations. The Lord Chancellor in certain cases the visitor, . Duties of trustees for charities, .... Must not divert the fund to other charitable purposes, ; Chapels, ....... Trust in aid of rates, ..... Trust for maintaining the worship of God, Appointment of new trustees, .... Meeting-house, ...... A corporation with power of making bye-laws, "Whether Court can sanction aberration from founder's intention No total alteration without authority of Parliament, The application of the fund may in certain cases contravene the the endowment. Free Grammar School, Grammar School Act, (3 & 4 Vict. c. 77) " Finding a master," " Relief of poor," . " Repairing," Augmentation and reduction of salaries. Loans, .... Retainer of charity revenue. Of alienations of the charity estate. Recent charity Acts, Accumulations, Trustees cannot lease the charity lands to one of themselves. As to discretion of taking fines or reserving rents upon leases. Of inadequate consideration for the lease. Of unreasonable extent of the term. Of husbandry or farm leases. Leases on lives, Of building leases, . Foregoing rules subject to donor's intention to the contrary. Improvements by lessees, ..... Disabling effect of the Charitable Trusts Amendment, . letter of 492 492 494 495 495 495 496 496 497 498 498 498 499 499 499 499 500 501 501 501 502 502 502 502 504 504 505 505 506 507 508 509 510 510 511 511 XXVUl LEWIN ON THE LAW OF TRUSTS, ETC. CHAPTER XIX. THE POWERS OF TRUSTEES. Section I. OF THE GENERAL POWERS OF TRUSTEES. Powers at law distinguished from those in equity, Rule in the simple trust, . . . • ■ Rule in the special trust, . . _ • Trustee may exercise discretion under circumstances, _ . Trustee may do without suit what is compellable by suit, Repairs, .... Cutting timber, Opposing bill in Parliament, Insurance, .... Executor may appropriate a legacy, May allow maintenance to infant out of the interest of his legacy, And, under certain circumstances, out of the principal, . May sink part of the capital for infant's advancement, where he could not for his maintenance, ....... Cannot apply principal where limitation over, .... Except the limitation be by way of survivorship among the children them- selves, ........ Has power to release or compound debts, ..... Whether a trustee mortgagee can release part of the land in mortgage, . May reimburse himself a payment made in his own protection as trustee. May grant reasonable leases, ...... Power of varying securities, ...... Case of suit instituted, ....... Case of suit and no decree, ...... Section II. OF THE SPECIAL POWERS OF TRUSTEES. I. Of the different kind of powers, . - ' . . Distinction between legal and equitable powers, .... Equitable powers whether annexed to the estate or simply collateral. Distinction between mere powers and powers coupled with a trust. Between strict and directory powers, II. Of the construction of powers. Power to A. and B. and " their heirs," To A. and his '' assigns," ..... Power indicating personal confidence to A. and his " executors," To " executors," " sons in law," "trustees," To trustees and the " survivors of them," . Power during continuance of the trust, • . . . . III. Of the effect of disclaimer, assignment, and survivorship of the estate, . Effect of disclaimer opon powers, . Of assignment of the estate, ..... Whether power will remain in trustee after alienation of the estate, Case of real and personal estate blended together, The Court may sanction the severance of the estate from the powers Of SMr»u-or.9/itp among the trustees, . - . , ' [Remarks upon powers before the Statute of Uses, '. 537 Survivorship where power given to the trustees by name, . ' Powers not annexed to the trust, •....* IV. Of the control exercised by the Court over powers, 512 512 512 513 513 513 515 515 516 517 517 517 518 519 519 520 521 521 522 523 523 524 524 524 525 526 527 527 527 529 530 530 531 531 . 532 . 532 . 533 . 534 . 534 . 535 . 536 note (1)] . 637 . 538 . 538 CONTENTS. xxix The Court will not control mere powers, ..... 538 Except there be fraud, ....... 543 Or suit has been instituted, ...... 544 CHAPTER XX. OF ALLOWAXCES TO TRUSTEES. Sectiox I. ALLOWANX'ES FOR TIME AND TROUBLE. No allowance in general for time and trouble, .... 545 Rule applies to executors, mortgagees, &c., .... 546 Trustees for absentees of West India estates are allowed a commission, . 546 Rate of commission in Jamaica, ...... 546 Mortgagees in possession of West India estates, , . . . 546 Of the commission allowed to executors in the East Indies, . . 547 Person constructively a trustee may be paid for his trouble in the manage- ment of a trade, ....... 548 But not an express trustee, ...... 549 Solicitors and attorneys allowed expenses out of pocket only, . . 549 The author of the trust may order an allowance, .... 550 Where quantum not specified, ...... 551 Of contracts between trustees and cestui que trust for an allowance, . 551 The contract must be fulfilled to the letter, .... 553 Trustees may contract with the Coui't, ..... 553 Usury law prevents a mortgagee bargaining for compensation, . . 556 But he may save his own trouble by employment of agents, . . 556 Or a collector of rents, bailiff, attorney, or accountant, . . . 556 Section II. ALLOWANCES TO TRUSTEES FOR EXPENSES. Allowance will be made to trustee for all actual expenses, . .557 Though remunerated for his trouble besides, .... 558 Case of trustee who has not kept account of expenses, . . . 559 Trustee will be reimbursed a payment made for his own protection, . 559 Trustee's expenses a lien upon the estate, ..... 560 Trott V. Dawson, ........ 560 No Zten in favour of agents of the trustee, . . . .561 How expenses recoverable when no trust estate, .... 562 Claim against the cestui que trust personally, .... 563 Funds out of which expenses payable, ..... 564 CHAPTER XXI. HOW A TRUSTEE MAY OBTAIN HIS DISCHARGE FROM THE OFFICE. I. May retire with consent of all the cestuis que trust, . . . 565 1? all he sui juris, ....... 565 II. May retire by virtue of a special power in the trust deed, . . 566 The usual power stated, ....... 566 Whether a new trustee actually such until the estate has been transferred, 567 Mode of vesting the trust estate, ...... 568 Construction of the power, ...... 570 January, 1858. — 3 XXX LEWIN OxN THE LAW OF TRUSTS, ETC. Sharp V. Sharp, . • • Meaning of the word " survivor, . Meaning of the word " acting," • .-. „* " Refusing or declining" includes " disclaiming, . " Refusing or declining" means also after having acted, Morris v. Preston, . • • • * Power to tenant for life icitli trustee. Trustee becoming bankrupt " unfit,'^ Trustee resident abroad, . . • • Two trustees cannot relinquish in favour ot one, . _ Case of one trustee substituting more than one in his pi One trustee cannot relinquish to the other, Appointment of one trustee in the place of several, Appointment of two trustees at once, Appoinment of a cestui que trust, or near relation, as Of severing a trusteeship, - . . • Of powers of appointment of a directory character, Power will be no protection where there is fraud. Result where a new trustee is ineffectually appointed, _ III. Trustee may get himself discharged by application equity, .... Where no new trustee can be found, How application should be made, Costs, . . . • • Application by representative of deceased trustee Complication of trusts by acts of tenant for life, trustee to a court of 570 570 571 571 572 573 573 574 574 574 574 577 577 578 579 579 580 580 581 582 582 583 583 584 584 PART III. THE ESTATE OF THE CESTUI QUE TRUST. CHAPTER XXII. IN WHAT THE ESTATE OF CESTUI QUE TRUST CONSISTS. Section I. THE ESTATE OF CESTUI QUE TRUST IX THE SIMPLE TRUST. 1. The jus Jiabendi, or cest^l^s que trust right to the pernancy of the profits, ........ 585 Entitled to the possession of lands, ..... 585 Except there be some interest in another person, . . . 586 Right to the possession recognized in equity only, not at law, . . 590 Lord Mansfield's doctrines, since overruled, .... 590 Possession of title deeds, . . . . . . .591 Cestui que trust qualified to be a juror, ..... 592 So, before late Game Act qualified to sport, .... 593 As to right of ces^wi gt/e fms/! to vote for coroner, . . . 592 Has right to vote at elections for members of Parliament, . . 593 Of his right to the possession of trust chattels, . . . .593 How usually empowered to receive dividends, .... 594 2, Of cestui que trust's jus clisjMiumdi, . - . . 595 Trustee's conveyance, ....... 596 Trustee to bar dower, ...'.'.'! 596 Intermediate trusts, ..*.!'*' 596 CONTENTS. Section II. The estate of cestui que trust in the special trust . . . 597 Where only one cestui que trust, or all cestuis que trust of one mind, the special trust same as a simple trust, .... 597 But special trust continues until election expressed, . . . 598 The special trust must be a lawful one, ..... 599 CHAPTER XXIII. OP THE PROPERTIES OF THE CESTUI'S QUE TRUST ESTATE AS AFFECTED BY HIS ACTS OR BY OPERATION OF LAW. Section I. Act, inquiries. OP ASSIGNMENT. Form of assignment, Power of equitable tenant in tail, Summary of law before the Fines and Recoveries Cautions in assignments of equitable interests. Priority of charge from priority of notice. The principle of the doctrine, Distinction between real and personal estate. Notice in respect of real estate, Second incumbrancer giving notice but making no Notice to one of several co-trustees, Death of single trustee to whom notice given. Notice to all the trustees, and all dying, . Time of giving notice, To whom notice should be given, . Case of the fund being in Court, . Notice to trustee where fund in Court, and neither order, .... Case where there is no trustee, Section II. OF TESTAMENTARY DISPOSITION. How trust of freeholds to be devised, Trust of copyholds, .... Where no custom to devise the legal estate of copyholds. Of customary freeholds, .... Late Wills Act, ..... Section HI. OF seisin and disseisin. Equitable seisin, ..... Possessio fratris of a trust. What is equitable disseisin. Marquis of Cholmondeley v. Clinton, Section IV. OF DOWER AND CURTESY. Dower and curtesy of a trust, assignee obtains a stop 600 601 604 604 605 605 007 607 608 609 610 611 612 612 613 614 614 615 615 616 617 617 617 618 618 618 621 XSXll LEWIN OX THE LAW OF TRUSTS, ETC. Freebench, . . • • What seisin reqiiired to give curtesy, Curtesy where there is separate use, Distiuction between dower and curtesy, How curtesy came to be allowed, and not dower, Late Dower Act, . . • • Section V. OF THE ESTATE OF A FEME COVERT CESTUI QUE TRUST. 1. In pure personal estate not settled to separate use, . Equity to a settlement, ...•••• Ki2;ht by survivorship, ...•••• 2. Equitable chattels real of feme covert, .... Whether wife entitled to a settlement out of equitable chattels real, Result of decisions, . • • _ • Effect of getting in legal estate in wife's -^iquitable term, . Estate by elegit in trust for a feme covert, .... Mortgage term in trust for a feme covert, ..... Equitable term in trust for separate use, ..... 3. Wife's equitable interest in lands of freehold or inheritance, 4. The wife's separate estate, ...... General rule, ........ General engagements of a feme covert in writing, General engagements not in writing, ..... Lord Brougham's exposition of the principles regulating the liability of the separate estate, ....... Ijord Cottenham's view, ....... Result of judgments of Lord Brougham and Lord Cottenham, Observations of V, C. Kindersley respectingye/we's verbal engagements, . Case of clear contradiction of intention, ..... Breach of trust by /e;ne cowr^, ...... View of Lord St. Leonards in reference to breaches of trust by a feme covert having a separate estate, ..... Nature of the relief against the separate estate, . . . . Where no power of anticipation, ...... Stock settled to separate use, ...... Creditors' suit after death of feme covert, ..... Power of disposition by will of separate estate, .... Separate estate undisposed of survives to the husband. Arrears of separate estate, ...... Case of feme covert non compos, ...... Special consideration of separate use in reference to real estate, . No acknowledgment needed of conveyance of real estate settled to separate use, . . . . ' . 621 622 623 624 625 626 627 628 628 629 629 630 630 630 631 631 631 632 632 633 634 635 636 638 638 639 639 640 640 641 642 642 642 642 642 644 644 646 Section VI. JUDGMENTS AGAINST THE CESTUI QUE TRUST. Writs of execution at common law. Statute of Westminster, Froni what time chattel interests in land bound, Fieri facias as regards trusts, Trusts not bound by it before execution sent out Nor where legal estate not liable, . . ' Equity of redemption, Levari facias, Whether equity can adopt the elegit bv analorry, Trust at one time held not to be subject to ele""it Secus now, . ^ ^ ' 646 64T 647 648 648 648 649 649 649 650 650 CONTENTS. xxxiu Doctrine laid down by Sir J. Leach, . . . . . G52 Land to be converted into personalty not bound formerly by a judgment, 653 Judgment entered up against vendor after contract to sell, . . 654 Whether in case of conveyance upon trust to sell for limited purpose, surplus proceeds bound by a judgment, .... C5G Altered state of the law, ....... CoG Practical result, ........ 657 How much of the estate might be taken in execution, . . . 657 Grounds on which he may come into equity, .... 658 Entitled to moiety only of a trust, ...... 658 But to entirety of equity of redemption, ..... 660 Case of trust by way of mortgage, ...... 661 Whether necessary before suit to take out actual elegit, . . .662 Bill of judgment creditor after the death of the conusor, . . . 663 Of execution against the trust estate under Statute of Frauds, . . 664 Whether equitable elegit where no legal elegit of a trust, . . 665 Statute of 1 & 2 Vict, c. 110, ss. 11, 13, 18, and 19, . . . 666 3 & 4 Vict. c. 82, . . . . . . , .668 18 & 19 Vict. c. 15, . ..... 669 Construction of the Ants, ....... 669 Consideration of the charging order provisions of the 1 & 2 Vict. c. 110, 669 1. By whom the charging order should be made, . . . 670 2. Charging order will be made without deciding on the quantum of interest charged, . . . , . . .670 3. Bank, &c., bound to pay trustee notwithstanding charging order on \xiiQr(i?,i oi cestui que trust, ...... 671 4. Proviso at end of s. 14 does not prohibit a suit for merelj protecting interest charged, . . . . . . .671 5. Effect of charging order in reference to other incumbrances, . 671 Case of lands lying in a register county, ..... 672 Judgment postponed to subsequent purchase or mortgage without notice, 672 Case where subsequent purchaser or mortgagee has notice, . .672 Section VIL of extents from the crown. Trusts subject to extents, May be sold under 25 G. 3, Equity of redemption, c. 35, 673 673 674 Section VIIL of forfeiture. Trusts not forfeitable for attainder at common law, Forfeitable for treason by enactment, Equities of redemption forfeitable. Trusts for aliens forfeitable at common law, Trusts for chattels forfeitable. Forfeiture by tenant for life, 674 674 677 677 677 678 Trust not subject to escheat, Burgess v. Wheate, . Section IX. OF escheat. 678 678 Section X. OF descent OF THE TRUST. Trust descends as the legal estate, 680 XXxiv LEWIX ON THE LAAY OF TRUSTS, ETC. Thougb there be lex loci, as gavelkind, . • • • ' 680 Possessio fratris o'i & ivxxsl, • • • • ' * gg^ Proceeds from sale of gavelkind lands, . • • * ' gsi Limitation to heirs as purchasers, . . • • • Section XL OF ASSETS. Trusts of chattels always assets, . . V. t-i j* Whether trusts of freeholds assets before Statute of Frauds, Construction of that statute, . . . • Late Act for more eflectual payment of debts, Whether trusts of chattels are legal or equitable assets, . Whether trusts in fee are legal or equitable assets, Construction of late Act for more eflectual payment of debts. 681 681 684 685 685 688 691 CHAPTER XXIV. CESTLTS QUE TRUST RELIEF AGAINST THE FAILURE OF THE TRUSTEE. Where the terms of the trust can be ascertained, equity follows the estate, 693 Trustee dying in the testator's lifetime or otherwise failing, . . 693 Direction to sell and trustee not named, ..... 694 Gift to separate use, and no trustee named, .... 694 If the trust be in form of a power, the Court, on failure of trustee, will execute it, ....... • 694 Where rule to go by, the Court exercises the discretion for the trustee, . 696 [Construction of bequest to poor relations, . . 698, note (1.)] How the Court will exercise the power where the settlor has laid down no rule, ......... 699 In such a case the Court adopts the maxim that equality is equity, . 700 Words of "gift" and words of "power " distinguished, . . . 700 Upon trust for the children of A. as B. shall appoint, . . . 700 Upon trust to dispose amongst the children of A., ... 700 Discretion as to the objects of the power, ..... 701 In favour of what objects the Court will exercise a power imperative, . 703 Where^imraediate exercise contemplated, ..... 703 Where immediate exercise not contemplated, . . . .704 1. Where power testamentary, ...... -704 2. Where not merely so, ...... 704 How Court will execute power in favour of " relations," . . . 705 As to persons amongst whom, ...... 705, As to shares in which, ....... 706 Case of power of selecting one of a class, . . . . .707 CHAPTER XXV. RIGHTS OF CESTUI QUE TRUST IN PREVENTION OF A BREACH OF TRUST. I. Cestui que trust entitled to appointment of proper trustees and pro- per number of trustees, . . . . . . 710 Of substitution of trustees on death, incapacity to discharge the office, &c.! 710 Vt trustees not answering description of " inhabitants," . . 711 Court will not dismiss trustee from caprice of cestui qxie trust, . .712 CONTENTS. Trustee substituted by the Court has not the special powers of the origi nal trustee, ....... Appointment of new trustee under Sir E. Sugden's Act, . Under the Trustee Act, 1850, ..... Under the Bankruptcy Act, ..... Case of charitable trusts, ...... Jurisdiction under 5 & G W. 4, c. 76, . Charitable Trusts Act, ...... II. Cestui que trust may compel trustee to the observance of any act of duty, ....... Sir J. Jekyll's dictum, that laches of trustee shall not prejudice cestui que trust, ....... Consideration of the recent Statute of Limitations, Allen V. Sayer, ....... Where tenant for life misapplies proceeds of renewable leaseholds, re ceiver appointed, ...... Case of trustee required to give security, .... III. Cestui que trust may restrain trustee from committing a breach of trust by injunction, ...... And whether damage irremediable or not, .... 712 713 714 714 716 716 718 718 719 719 720 722 723 723 723 CHAPTER XXVI. REMEDIES OF CESTUI QUE TRUST IN EVENT OF A BREACH OF TRUST. Section I. OF FOLLOWIXG THE TRUST ESTATE INTO HANDS OF A STRANGER. General rule, . . . . . . . .724 I. If the alienee be a volunteer, ..... 724 Purchaser without notice from a purchaser with notice, . . . 726 Purchaser with notice from a purchaser without notice, . . . 726 How far purchaser bound by notice of a doubtful equity, . . . 727 II. No time bars a direct trust ; otherwise in a constructive trust, . 729 1. Of the bar in equity by analogy to a statute of limitation, . . 731 Period limited for recovery of lands is 20 years, .... 732 Ignorance or mistake of plaintifiF no excuse, .... 733 Time does not run in case of fraud undiscovered, .... 734 How statute must be taken advantage of, . . . . . 734 2. Of presumption of some act in bar of the plaintiff's claim, . . 735 Time within which the presumption arises, .... 735 Ground of Court's raising the presumption, .... 736 Waiver. Acquiescence, ....... 737 No presumption during ignorance or mistake, &c., . . . 737 Presumption cannot be taken advantage of by demurrer, . . . 738 3. Of the bar in equity arising from great public or private incon- venience, ........ 739 Bar from length of time, ....... 741 Late Act for Limitation of Actions and Suits, .... 743 III. Of accounting for mesne rents and profits, . . . 750 Defendant prima facie must account from commencement of wrongful title, . . . . . . . . .751 Several exceptions to the rule, ...... 752 Bill for relief followed by bill for account, ..... 752 Wording of the order, ....... 752 Liability of trustee for mesne rents and profits, .... 752 [The subjectof accounting for mesne rents and profits considered generally, 752, note (1.)] XSXVl LEAVIN OX THE LAW OF T K U S T S, ETC. Section II. RIGHT OF ATTACHING THE PROPERTY IxXTO WHICH THE TRUST ESTATE HAS BEEX WRONGFULLY CONVERTED. General rule, •••••••• J?^ " Money has no earmark," ...••• ij>' Trust money mixed with trustee's money, . • • ' I^o Following money into land, . • • * . * * l^~ Whether cestui que trust can take the estate, or has only a lien, . . iQb Section III. OF CESTUl's que TRUST REMEDY AGAINST TRUSTEE PERSONALLY FOR COMPENSA- TION. Land tortiously sold, .....•• 763 Neglect to purchase stock, . . . • • ' t^"^ Policy forfeited, , . . . • • • " ^^f Person acting as trustee but not such, . . . . _ . 765 Trustee and his assets liable for damage to trust estate as for a simple contract debt, . . . . • • • . < 65 Immaterial whether trustee was a gainer by the breach of trust or not, . 765 Or whether loss would have occurred had no breach been committed, . 766 Trustee not charged with imaginary values, &c., .... 766 Where co-trustees, all must be made parties, but each liable in toto, . 767 Corporators, ........ 767 As amongst the parties to the breach of trust the person benefited or the contriver of the fraud suffers, ...... 768 Interest of party to a breach of trust may be stopped to make compensation, 771 Proof against estate of bankrupt trustee, ..... 771 How far trust debt barred by the certificate, . . . .772 Bankruptcy of co-trustees, ....... 773 Of ces/!a''s 5Me /rw.9i! concurrence in the breach of trust, . . . 773 Femes covert and infants cannot concur, . . . . .774 Coverture and infancy no protection in case of fraud, . . . 774 Feme covert bound by concurrence in regard to a fund settled to her sepa- rate use, ........ 775 Of acquiescence, ........ 775 Fluctuating body, . . . . . . , .777 Creditors, ........ . 777 Of release and confirmation, . . . . . .777 Section IV. OP REDRESS IN BREACHES OF TRUST BY TRUSTEES FOR CHARITIES I. Mode of redress, .... Of commissions under Statute of Charitable Uses, 52 Geo. 3, c. 101, or Sir S. Romilly's Act, Points resolved upon that Act, ..... 780- Acts appointing Commissioners of Inquir\ Charitable Trusts Act, 1853, Charitable Trusts Amendment Act, II. Of the ex'/en^ of redress, .... To what period of time the account of mesne rents and profits against trustees of charities will be restricted, 1. Statutes of limitation not applicable, 2. How farpresumption applicable, 3._ liar arising from inconvenience, RiSr"i?Tf ''''IT*"' *™'.^^^' ^"^ individuals in respect of implied notice, ureacii ot trust by a parish , i i ? Mode of attaching corporation property. 778 779 779 783 783 784 785 786 786 786 786 787 790 791 791 CONTEXTS. XXXVll CHAPTER XXVII. MAXIMS OF EQUITY FOR SUSTAINING THE TRUE CHARACTER OF THE TRUST ESTATE AGAINST THE LACHES OR TORT OF THE TRUSTEE. Section I. WHAT OUGHT TO BE DONE SHALL BE CONSIDERED AS DONE. Money to be laid out on land shall be taken as land, and land to be turned into money shall be taken as money, . . - . . 793 Money to be laid out on land is subject to curtesy, . . . 71i3 Whether subject to dower, . . . . . . .793 Not subject to escheat, ....... 795 Could not have been devised by an infant, .... 79G Passes in will by description of "lands,"' ..... 796 Bound by judgments, &c., ....... 796 Not to be brought into hotchpot by child claiming an orphanage share, . 797 In what cases will go to heir of person upon whom the land is directed to be settled, ........ 797 Will belong to heir claiming the money from a stranger, . . .797 Or claiming from the executor of his own ancestor, if any limitation of the money be outstanding, ...... 798 Otherwise, if the money be " at home," ..... 800 Chichester v. Bickerstaff, . . . . . . .800 Pulteney v. Darlington, ....... 803 Money is " at home" when actually received, .... 804 Bequest of money to be laid out on lands to be settled to testator's right heirs, ......... 805 Voluntary covenant to purchase lands to be settled to covenanter in fee, . 805 Direction for conversion, to create a notional conversion, must be impei-a- tive, ......... 806 Cases of direction deemed imperative where the uses were exclusively ap- plicable to real estate, . . . . . .806 Conversion at "the recjuest" of a party, ..... 807 Land to be turned into money passes by bequest of " personal estate," &c., 807 Alien, ......... 807 Charity, ......... 808 The conversion must be imperative, ..... 808 Implied conversion in bequests of wasting property to persons in suc- cession, ........ 808 Intention to confer enjoyment in specie may be collected from the bequest, 809 Instances of the general rule, . . . . . 809-812 Rule where property not wasting, but of a class not authorised by the Court, 812 Direction for investment of personal estate and accumulation of income, 813 Devise of real estate upon trust to sell and invest proceeds and rents until sale, ......... 813 Produce during first year from testator's death, . . . .813 Where funds are in the state they ought to be, . . . .814 Where the proper investment is made before the end of the year, . 814 Where the funds are not in the state they ought to be, . . .814 Discretion expressly given by the testator, . . . .815 Rents of devised estate, . . . . . . .816 Election, . . . . . . . . .816 Who may elect, . . . . . . . .816 Of infants, lunatics, and ^/I'/Hg.? coi'erf, ..... 816 Power of _/(?»ie coreri! over money-land, ..... 816 Special power of married women under Fines and Recoveries Act, . 817 Of remainder-men, ........ 818 xssviu LEWIN ON THE LAW OF TRUSTS, ETC. Of several parties interested, Of tenant in tail, 39 & 40 G. 3, c. 56, Effect of Fines and Recoveries Act, In what manner election may be mad( Of presumption of election, How election may be expressed, . Money to be turned into lands may be pass ed by will not attested, Section II. THE ACT OF THE TRUSTEE SHALL NOT ALTER THE NATURE OF CESTUl's TRUST ESTATE. Where conversion is wrongful, equity neutralizes it, Trustee for a lunatic cannot convert, unless beneficial to lunatic himself, Interest of lunatic's successors not consulted, Heir ex parfe patcrnu has no equity against heir ex parte malerna, Of payment of lunatic's debts out of his real estate, Of fall of lunatic's timber, . Of redemption of lunatic's mortgage debts. Of actions in lunatic's name. Of improvements, repairs, &c.. Conversion will not be made unnecessarily. Distinction between lunatics and infants, . Purchases for intants can only be made s'nb conditione, Timber cut on infant's land continues real estate, Money paid in discharge of mortgage debts continues personalty, Conversion allowable for necessary expenses, Late AVills Act, .... 819 820 821 822 823 823 824 824 QUE 825 825 826 826 826 826 827 827 827 828 829 829 829 830 830 831 CHAPTER XXVIII. OF STATUTORY ENACTMENTS FOR REMEDYING INCONVENI- ENCES ARISING FROM THE DISABILITY OF THE TRUSTEE. Statute of 7th Anne, c. 19, Construction of Act, .... Statute of 4 Geo. 2, c. 10, . Lord St. Leonards' Act, (11 G. 4, & 1 W. 4, c. GO,) Trustee Act, 1850, . 832 832 833 834 840 CHAPTER XXIX. PLEADING AND PRACTICE IN REFERENCE TO THE LAW OF TRUSTS. Section I. OF NECESSARY PARTIES. 1. General rule in suits by or against Strangers, One of several cedtds que trust cannot foreclose or redeem alone. Mortgagee commg to foreclose and mortgagor to redeem must make all cestuis que trust parties. Legal termor a necessary party, ..'*'' Error in Lord Redesdale's Treatise as to trustees for creditors, '. oinular error, . ^ ' 841 842 842 842 843 843 CONTENTS. XSXIX Suits for specific performance, ...... 844 Marria^je articles, ........ 844 Representation specially constituted, ..... 844 2. Suits by parties interested, " inter se," .... 845 In suits by cestuis que trust against their trustees, all the latter necessary parties, ........ 845 Rule the same though equities between them cannot be adjusted, . 845 Quasi-trustee a necessary party, *..... 84G Stranger who has dealt with the trust fund without notice not a necessary party, ........ 84G Distinction between cases of a mei'e breach of trust and those of a " de- lictum,'' . . . . . . . . 84G Representatives of trustee who had no interest not necessary parties, . 847 Nor trustee who disclaims, ...... 847 Nor a trustee out of the jurisdiction, ..... 847 Nor representative of a deceased insolvent trustee, . . . 847 Nor trustee of an outstanding term, ..... 848 Nor trustee of a mere equity, ...... 848 Nor a trustee who has assigned, ...... 848 Nor a trustee who is a mere agent, ..... 84S Trusteeship survives, . . . . . . .849 One of two classes of trustees may be sued, .... 849 All cestuis que trust necessary parties as a general rule, . . . 849 Cestuis que trtist abroad, ....... 849 Cestui que trust standing out process, . . . . .850 Or assigning his interest, ...... 850 Cestui que trust of an aliquot share, ..... 850 3. Exceptional cases. Suit to recover a trust fund, ...... 850 Where cestuis que trust extremely numerous, some may sue on behalf of all, 851 So some may defend on behalf, &c., . . . . .851 Requisites to entitle some to sue, &c., . . . . ' . 851 What number sufficient to dispense with the strict rule, . . . 852 4. Special enactments and General Orders varying the practice, 30th Order of 26th August, 1841, . . . . .852 Decisions thereon, ....... 852 32nd Order of 26th August, 1841, ..... 853 Decisions thereon, ....... 853 New I'ules as to parties under the 15 & 16 Vic. c. 86, s. 42, . . 854 General working of new rules, ...... 855 Decisions on rule 9, ...... . 855 47th section of 15 & 16 Vict. c. 86, . . . . . 856 51st section of same Act, ...... 856 Section II. OF THE ORDER AND MANNER IN WHICH TRUSTEES AND CESTUIS QUE TRUST OUGHT TO APPEAR UPON THE RECORD, AS WHETHER JOINTLY OR SEVERALLY AS PLAINTIFFS OR DEFENDANTS. Sir Anthony Hart's statement of the proper course, . . . 856 Trustees and cestuis que trust ought to join in defence, . . . 857 In suits "inter 56," cestuis cjxie trust in same interest should join as plaintiffs, . . . . . . . .857 Trustees should defend jointly, ...... 857 lilovf feme covert cestui que trust should sue and defend, . , . 858 xl LEWIX OX THE LAAV OF T E U S T S, ETC. 8G2 8G2 862 80.2 Section III. OF DISTRIXGAS. Danger to winch stock, &c., exposed, iu consequence of the legal title only ^_^^ being recognised, ...•••• '^'^' Origin of the Writ of Distringas, . . • ,„„• ..^'o^ * 1% Practice continued notwithstanding 4 Anne. c. 16, and 39 & 40 G. 3, c. 30, 8o J Process transferred to Chancery on the abolition ot the Equity Exchequer, bo 9 Additional remedy given by 5 Vict. c. 5, s. 4, . . • • ^"^ Practice under the 4th section, ..•■•• ^l^ Transfer of the old Writ of Distringas, . . • • " q'. Form of new Writ, . • • • . • • ' l^.\ Orders of the Court of Chancery regulating the practice, . • boi Form of Affidavit, _ . . • • • • ' t^.^y As to discharging writ, Effect of service of writ. Affidavit to be filed. Present practice, . • c i \ Qri Distinctions between remedies under the 4th & 5th sections of tlie Act, . bhi Both remedies available in the case of stock, .... 863 Section IV. OF COMPULSORY PAYMENT INTO COURT. General rule, ........ ^C4 Plaintiff may move upon a possible title, .... 8bo Motion must be founded on admissions in answer, . . • 86o Answer should contain an admission of probable title, . . • *^6G Payment into Court must be on the footing of an equity alleged by the bill, . . . B66 Not necessary that fund should be actually in defendant's hands, . 866 Payments not mentioned in answer may be verified by affidavit, . . 867 Pavment not ordered on a mere admission of circumstances showing a " liability, 867 Special case of a trustee who is a debtor to his trust estate, . • 868 Payment into Court at the hearing, ..... ^68 Time allowed for payment into Court, ..... 869 Section V. OF RECEIVERSHIP. Receiver will be appointed at the instance of all the cesfnis que trust, . 869 Also where trustee is guilty of misconduct, or is insolvent, bankrupt, &c., 870 Where executrix a feme covert and husband abroad, . . .870 Receiver where trust estate unprotected, ..... 870 Receiver not granted on slight grounds, ..... 870 Receiver not discharged at the mere instance of the party procuring his appointment, . . • . . . , . " . 871 Section VI. OF COSTS OF sriT. I. Costs as between trustees and strant^ers, . . . 872 VV here trustees cannot make a title, . 872 Trustee made a defendant as a necessary party, . ". '. *. 872 C X T E X T S. xli Plaintiff failing, not necessarily to pay costs of a trustee, Trustee has costs as between party and party only, Costs in creditor's suit, .... Executor (though not so formerly) now held entitled to his costs in pre ference to the plaintiff in creditor's suit, II. Costs as between trustees and cestuis que trust, inter Trustees entitled to costs as a generel rule. Trustee not appearing, .... Decree passed, ..... Disclaimer, ..... Suit originated by trustees' misconduct, Where misconduct proved only in part, Setting aside a purchase by trustees, and absence of fraud Mistake or slight neglect of trustee. Administration suit mainly caused by a breach of trust, Misconduct of the trustee discovered in the progress of the suit, Costs of discussing a doubtful point of law, Costs paid in part and received in part by trustee, Trivial misconduct, .... Trustee instituting a suit for his private ends, Trustee falsely denying the plaintiff's claims, Trustee misstating his accounts, Corporation (trustee) pleading ignorance falsely, . Corporation (trustee) suppressing documents, Trustee setting up title of his own, Executor denying relationship of next of kin, Costs where executor charo^ed with interest, 872 872 873 873 873 873 874 874 874 875 875 876 876 876 876 876 877 877 877 877 877 878 878 878 STATUTES, WITH NOTES OF DECISIONS THEREON. Trustee Act, 1850, . Trustee Extension Act, 1852, 903 APPENDIX. No. I. Strode v. Winchester, II. Abbot V. Lee, .... III. Cogan V. Stevens, IV. Appointment of new Trustee of Stock, V. Appointment of new Trustee of Chattels, YI. Appointment of new Trustee of Freeholds (single deed, VII. Appointment of Xew Trustee of Freeholds (two deeds,) VIII. Sands v. Nugee, . . . . . IX. Cases on Gifts to Relations, . . . . X. Allen v. Saver, ...... 909 909 911 922 923 924 925 927 929 931 TABLE OF CASES. The pages referred to are those between brackets [ Abbot V. Gibbs, 435. V. Lee, 189, 797, 806. Abington's case, 675, 677. Abney v. Miller, 217. Acherley v. Acherley, 60. T. Roe, 752. Acheson v. Fair, 220. Ackland v. Lutby, 251, 255, 256. Ackroyd v. Smithson, 182, 183, Acland v. Gaisford, 174, 175. Acton V. Peirce, 661, 685. Y. White, 123. V. Woodgate, 476, 481, 482. Adair v. Shaw, 725, 766, 873. V. New River Compan}-, 851. Adams v. Adams, 252, 254,"^ 259. V. Broke, 419. v. Buckknd. 300. V. Claxton, 332. V. Clifton, 290, 472, 778, 875. V. Gale, 360. T. Paynter, 577, 650. V. St. Leger, 840, 849. V. Taunton, 237, 449, 533. Adamson v. Armitage, 121. Adey v. Arnold, 239. Adye v. Feuilleteau or Fennilitteau, 337, 338, 341, 360, 361. Adlington v. Gann, 56, 57, 61, 62, 66, 67, 68, 71, 79, 615. Agar V. Fairfax, 755. Aggas V. Pickerell, 731, 734. Aguilar v. Aguilar, 635, 639. Alcock V. Sloper, 354, 811, Alden V. Gregoi'y, 734, Alderman v. Neate, 106, 107. Alderson v. Temple, 477, 480. Aldridge v. Westbrooke, 584, 858. Alexander v. Alexander, 296. V. Crosbie, 427, 656. V. Duke of Wellington, 25, 101. V. Newman, 137. V. Mullins, 850. Alison's case, 71. Allam V. Heber, 488. Allan V. Backhouse, 389, 393, 401. Allason v. Spark, 106, 107. Allen's will, in re, 379. Allen V. Allen, 37, 603. V. Imlett, 19, 20, 269, V. Papworth, 633. V. Sayer, 720. Alleyne v. Darcy, 226, 358, 562, 766. Altham v. Anglesey, 7. Alven V. Bond, 465. Amand v. Bradburne, 558. Ambrose v. Ambrose, 63, 200, 204. Ames V. Parkinson, 330, 341, 346, 356. Amhurst v. Dawling, 269. Amler v. Amler, 806. Amphlett v. Parke, 181, 183, 196, 197. Anandale (Marquis of) v. Marchioness of Anandale, 827, 828. Anderson, ex parte, 583, 835. in re, 580, 583, 713, 838. V. Stather, 842. Andrew v. Trinity Hall, Camb., 233. V. Wrigley, 454, 455, 456, 460, 726, 730. Andrews, ex parte, 318, 325, 332, 516. V. Brown, 484. V. Bousfield, 605. V. Partington, 517. Angelo, re, 881, 882. Angell V. Dawson, 352, 513, 523. V. Draper, 648. Angerstein v. Martin, 346, 814. Angler v. Stannard, 367, 595, 596. Angle, ex parte, 767. Angus V. Angus, 47. Annand v. Honeywood, 797. Annesley, ex parte, 106, 107. v. Ashurst, 524. V. Simeon, 591. Anonymous case (Keilway,) 3. (Jenkyns, 244, c. 3o',) 5. (1 P. W. 445,) 12. (2 Sim. N. S. 71,) 2&. LEWIX ON THE LAW OF TRUSTS, ETC. xliv Anonymous case, (2 Vent. 349,) 105 (7 Vin. 96,) 122. (8 Vin. Ab. 72,) 169. (1 Com. 345,) 181, 195. (2 Vent. 361,) 200. (Carth. 16,) 201. 2 Ch. Ca. 207,) 217. (4 Leon. 207,) 235. (Mos. 36,) 291. (12 Mod. 560,) 295, 302. (Mos. 35,) 305. (Dyer, 210 a,) 310. (1 Salk. 155,) 318. (3 Ves. 515,) 319. Lofft. 492,) 337. (2 Ves. 630,) 361, . (6 Mad. 10,) 414, 423. (1 Salk. 153,) 423. (Mos. 96,) 434, 435. (Pr. Ch. 434,) 456, 459. (2 Russ. 350,) 465. (6 Ves. 632,) 471. (2 Vern. 133,) 487. (2 Ch. Ca. 54,) 488. (1 Salk. 154,) 491. (2 S\v. 300, 302,) 504. (10 Ves. 104,) 524. (10 Ves. 103.) 546. (2 P. W. 261,) 616. (18 Ves. 258,) 642. (1 P. W. 445,) 648. (2 Moll. 483,) 659. (2 Atk. 223,) 677. (1 Roll. Rep. 56,) 685. (2 Vent. 349,) 693. (1 P. W. 327,) 698. (4 Ir. Eq. Rep. 700,) 710. (6 Mad. 10,) 723. (6 Ves. 632,) 738. (Sel. Ch. Ca. 57,) 754, 762. (1 Vern. 105,) 755. (1 Salk. 126,) 758. (2 Freem. 114,) 828. (1 Ves. jun. 462, and 3 B. C. C. 515,) 829. (3 P. W. 389,) 832. (5 Sim. 322,) 835. (1 Y. & C. 75,) 839. (1 Y. &C. 538,) 858. (4 Sim. 359,) 867. (12 Ves. 4,) 870, 871. (12 Ves. 5,) 870. Anthony v. Rees, 247, 250. Antrim (Lord) v. Duke of Buckingham, 34. Antrobus v. Smith, 85, 97, 99. Aplyn V. Brewer, 305, 310. Appleyard v. Wood, 45, 616. Archer v. Rooke, 121, 125. Ardill V. Savage, 583. Arglasse v. Muschamp, 48. Armstrong v. Peirse, 590. V. Walker, 659. Arnold v. Chapman, 182, 193, 194. Arnold V. Garner, 319, 546. Arran v. Tyrawley, 734. Arthur T. Arthur, 121, 643. Asby V. Doyl, 173. Ashburnham v. Thompson, 3o9, 8i5, 878. Ashburton v. Ashburton, 829. Ashby V. Ashby, 628. V. Blackwell, 372. V. Palmer, 807, 816, 823. Ashton T. Ashton, 156. V. M'Dougall, 131. Aston T. Aston, 643, 644. Atcherley v. Vernon, 122, 250. Atkins T. Rowe, 205. Atkinson, re, 607. Atkyns v. Wright, 170. Attorney-General v. Alford, 361, 362, 376, 377. V. Andrew, 659, 665. r. Andrews, 516, 616. V. Arnold, 198. T. Aspinall, 23, 25, 31. V. Backhouse, 508, 509, 510. T. Baliol College, 511, 850. V. Corporation of Bedford, 493. V. Corporation of Berwick-upon- Tweed, 790. T. Black, 495. V. Blizard, 106, 496. V. Boulden, 178. T. Bovill, 105, 496. V. Brandreth, 496. V. Master of Brentwood School, 502. V. Brettingham, 503, 790. V. Brewers' Company, 753, 786, 788, 877. T. Brickdale, 298. T. Corporation of Bristol, 781. V. Mayor of Bristol, 198, 199. Y. Brooke, 503, 507, 508, 509. V. Browne's Hospital, 493. Y. Brown, 846. y. Buckland, 698. V. Buller, 263, 503. T. Caius College, 31, 199, 500, 712, 790, 876. V. Corporation of Carlisle, 790. v. Master of Catherine Ilall, Cam- bridge, 198, 492, 507. T. Dean of Christchurch, 499, 502, 790. V. Christ's Hospital, 199, 730, 735, 790, 878. V. Clack, 524, 544, 582. V. Clapham, 497. V. Clare Hall, 494. V. Earl of Clarendon, 31, 462, 493, 495, 505. V. Coopers' Company, 198, 712. V. Cordwainers' Company, T. Mayor of Coventry, 198. V. Cowper, 711. TABLE OF CASES. xlv Attorney-General v. Crook, 492, 510. V. St. Cross Hospital, 493. V. Cross, 506, 508, 509. V. Cuming, 107, 298, 300, 712, 777, 779, 857, 874, 301, 527. T. Davy, 109. T. Day, 504, 511. V. Dew, 854. V. Dixie, 332, 493, 495, 500, 505. 506, 507, 508. V. Lady Downing, 693, 694, 696. V. Doyley, 233. V. Drapers' Company, 199, 789, 790, 876, 878. V. Drummond, 876. V. Lord Dudley, 461, 466, 469, 470, 738. V. Dulwich College, 493. V. Duplessis, 71. V. Corporation of Exeter, 105, 496, 790. V. Mayor of Exeter, 717, 729, 731, 739, 786, 787, 788, 790. V. Fishmongers' Company, 730. T. Flint, 745. y. Floyer, 301, 527, 580, 751. V. Foley, 107. V. Foord, 506, 510. V. Forster, 107, 108, 109, 269, 779. v.Tlie Foundling Hospital, 31,493, 723. V. Foyster, 502. V. Gascoigne, 199, 500. V. Gaunt, 492. V. Gibson, 505. V. Glegg, 22, 297, 299, 300, 543. v. Goldsmiths' Company, 495. V. Lord Gore, 585. V. Lord Gower, 506. V. Green, 503, 508, 511, 782. V. Greenhouse, 766. V. Griffith, 507, 509. V. Haberdashers' Company, 198, 500, 783. V. Hall, 169, 171, 509. V. Governors of Harrow School, 538, 544. V. Heelis, 23, 851, 852. V. Herrick, 198. V. Hickman, 696. V. Higham, 328, 338. V. Hobert, 875. V. Holland, 317, 502. V. Lord Hotham, 509. V. Hungerford, 503. V. Hurst, 713. V. Jackson, 500. V. Johnson, 198, 199. V. Johnstone, 196, 197. V. Kell, 496. V. Kerr, 503, 509, 511. V. Ladyman, 500. V. Landerfield, 31. V. Duke of Leeds, 283, 285. January, 1858.- Attorney-General V. Corporation of Lei- cester, 226, 227, 562, 763, 853. V. Lewin, 106. V. Corporation of Lichfield, 31. V. Bishop of Lichfield, 300, 301, 527, 580. V. Mayor of Liverpool, 723. V. Lock, 301, 492, 493. V. Lockley, 57. V. City of London, 873. V. Corporation of London, 31. V. Magdalen College, Oxford, 493. V. Magdalen College, 503, 722, 745, 749. V. Magwood, 506. V. Earl of Mansfield, 496,499, 500, 504. V. Mercers' Company, 502. V. Merchant Venturers' Society, 199. V. Middleton, 493. V. Milner, 190. V. Minshnll, 158. V. Moor, 735. V. Morgan, 506. V. Munby, 132. V. Munro, 325, 498. V. Murdoch, 497. V. Newark, 503, 791. V. Newbury, 789, 790. V. Newbury Corporation, 495, 717, 789, 845. V. Newcombe, 107, 108, 269, 779. V. Mayor of Norwich, 557, 559. • V. Corporation of Norwich, 516. V. Owen, 507, 508, 509, 510, 523. V. Pargeter, 503, 508. V. Parker, 108, 109, 269, 779. V. Parnther, 644. V. Pearson, 131. 497, 498, 499. 559, 577, 711, 853. V. Persse, 746, 750. V. Pomfret, 833. V. Borough of Poole, 31. V. Poulden, 113, 114, 118. V. Pretyman, 790. V. Price, 706. V. Randall, 306, 332. V. Randies, 836. V. East Retford Grammar School, 781. V. Burgesses of East Retford, 764, 790, 791, 878. V. Rigby, 790. V. Mayor of Rochester, 511. V. Rutter, 109. V. Sands, 2, 43, 103, 131, 321, 673, 674, 676, 677, 678, 681, 682. V. Scott, 22, 57, 107, 247, 297, 527, 621, 625, 777. V. Shearman, 298. V. Sherborne School, 495. V. Shore, 711. V. Corporation of Shrewsbury, 23. LEWIN OX THE LAW OF TRUSTS, ETC. Attorney-General v. Smythies, 199. V. Solly, 363, 3G4. V. Guardians of Poor of South- ampton, 51G. V. Corporation of Southiuolton, 199. V. South Sea Company, 503, 515. V. Sparks, 198. V. Corporation of Stafford, T88. V. Mayor of Stamford, 31, 500, 501,505, 50G, 507, 711, 783. V. Stephens, 693, 696. V. Vivian, 496, 779. T. Warren, 503, 504, 507, 508. V. Whiteley, 499. V. Whorwood, 10, 31. V. Wilkinson, 105. v. Wilson, 25, 177, 198, 504, 767, 768, 845, 846, 847, 875. V. Bishop of Worcester, 782. V. Archbishop of York, 492. Austen t. Taylor, 141, 142, 144, 145, 158, 246. Austin V. The Bank of England, 33. Aveling v. Knipe, 200, 201, 202. Averall v. Wade, 52. Avery v. Osborne, 877. Awdley v. Awdley, 18, 828, 830. Ayles V. Cox, 893, 896, 903. Ayliff V. Murray, 460, 463, 545, 552. Avlwyn v. Bray, 777. Aynsworth v. The Bank, 33. Babington's case, 673. Back v. Andrews, 210, 216. V. Gooch, 478, 479. Backhouse v. Backhouse, 693. V. Middleton, 725. Bacon v. Bacon, 284, 293. Y. Proctor, 111. Badcock, in re, 828. Badcocke, ex parte, 462, 465. Baden v. Earl of Pembroke, 796. Bage, ex parte, 465. Baggett v. Meux, 44, 645. Bagshaw v. Spencer, 142, 153, 156, 247, 251, 256. v. Winter, 369, 370. Bailey, ex parte, 477. V. Ekins, 238, 441, 443, 488. T, Gould, 328, 329, 332, 877. V. Jackson, 633, 635. Bain v. Lescher, 122. Bainbridge v. Lord Ashburton, 264. Bainbrigge v. Blair, 320, 549, 554, 555, 711, 870, 871. v. Burton, 852. Baker, ex parte, 826. V. Carter, 460, 465, 470, 774, 875. V. Hall, 194. T.Martin, 551. V. Ptead, 470. Balch V. Wastall, 648. Balchen v. Scott. 240, 291. Biildock, ex parte, 424. Baldwin v. Baldwin, 628. Y. Banister, 319. Bale V. Coleman, 141, 144, 146, 256. Balfour v. Welland, 432, 433, 436. Bah'-ney v. Hamilton, 206, 756. Balf V. Harris, 416, 440, 441, 442, 454. . V. Montgomery, 878. Ballet V. Sprainger, 395. Balls V. Strutt, 723. Balsh v. Hyham, 522, 559, 562. V. Wastall, 12. Bamford v. Baron, 479. Banbury v. Briscoe, 227. Band v. Fardell, 352, 353. Bangley's Trust, 381. Bank of England v. Lunn, 32, 33. V. Moffatt, 32, 33. V. Parsons, 32, 33. Bankes v. Le Despencer, 157, 538. V. Sutton, 621, 625, 680, 794, 795. Barber, ex parte, 265. v. Barber, 735. Barclay v. Raine, 227. V. Russell, 198, 325. Bardswell v. Bardswell, 168, 170. Barff, ex parte, 771. Barfield v. Rogers, 836. Barker v. Boucher, 489. v. Greenwood, 247, 248. V. Duke of Devonshire, 435. Y. Lea, 369. v. May, 20, 688. Barklcy v. Reay, Lord, 871. Barlow v. Grant, 517, 518. Barnard v. Heaton, 397. Y. Hunter, 729. v. Large, 408, 409, 410, 411. Y. Proby, 145. Barnardiston v. Soame, 20. Barnes v. Crow, 591. Barnwall v. Barnwall, 660, 663, 664, 754, 755. Barnwell v; Barnwell, 658. Barret v. Glubb, 269. Barrett v. Buck, 118, 177. Barrington v. Hereford, 194. Y. Liddle, 119, 120. Barrow v. Greenough, 70. Barry, in re, 835. \\ Marriott, 343, 346. Y. Woodhara, 858. Bartholomew's Trust, m re, 380. Barthrop v. West, 681. Bartlett v. Bartlett, 865. V. Green, 149. V. Pickersgill, 200, 204, 205. Bartley v. Bartley, 450, 533. Barton v. Briscoe, 130, 631. Barwell v. Parker, 489, 490, 491. Baskerville v. Baskerville, 144, 156. Basset's (Sir W.) case, 184. V. Clapham, 408. I Bastard v. Proby, 156. TABLE OF CASES. xlvii Bate V. Hooper, 340, 353, 373. V. Scales, 356. Bateman v. Davis, 340, '774, 777. V. Hotchkin, 111, 119, 238. V. Margerison, 491, 852. Bates V. Dandy, 631. Bath (Earl of) t. Abney, 272. V. Earl of Bradford, 414, 489, 491, 513, 820. Batson v. Lindegreen, 488. Batteley v. Windle, 180. Battersby's Trust, 895. Battier, ex parte, 269. Baugh V. Price, 466, 472. Baugham, ex parte, 380. Baxter v. Pritchard, 478. Baxter's Will, 891. Bayley v. Boulcott, 56, 61. v. Mansell, 713. V. Powell, 184, 878. B.aylies v. Baylies, 589. Baylis v. Newton, 177, 214. Bayly v. Gumming, 237, 533. Baynard v. Wolley, 768, 851. Baynes v. Baynes, 839. Beale v. Symonds, 285, 322, 679. Beales v. Spencer, 122. Bean v. Sykes, 372. Beanland v. Halliwell, 813. Beard v. Nutthall, 94. Beatson v. Beatson, 91. Beatty v. Johnstone, 847. Beauclerk v. Ashburnham, 349, 542. Beaumont v. Beaumont, 869. V. Meredith, 866. V. Salisbury (Marquis,) 253. Beavan v. Lord Oxford, 280, 666, 668, 672. Beckett v. Cordley, 39. Beckford v. Beckford, 215, 216. V. Close, 734. V. Wade, 730, 731. Bedford (Duke of) v. Marquis of Aber- corn, 164, 165. Charity, in re, 493, 780. V. Leigh, 658. T. Woodham, 456. Bedwell v. Froome, 207. Beech v. Keep, 81, 84. V. St. Vincent, 119. Beer (in the goods of,) 234. Beere v. Head, 669. Begbie v. Crook, 236. Beilby, ex parte, 123, 773. Belch V. Harvey, 731. Belchier, ex parte, 293, 295, 305, 310, 332, 422. Belke's Charity, 718. Bell V. Bell, 721, 724, 725, 729, 730, 733. Bell V. Hyde, 34. Bellamy, ex parte, 833. V. IBurrow, 63. Bellasis v. Compton, 56, 61. Bellingham v. Lowther, 98. Beloved Wilkes's Charity, in re, 543. Benbow v. Townsend, 56, 61, 207. Benn v. Dixon, 808. Bennet, ex parte, 136, 476. v. Box, 682, 683. V. Davis, 121, 173, 260, 276, 279, 623, 624, 694. V. Going, 873. V. Mayhew, 758. V. Whitehead, 755. Bennett v. Attkins, 873, 876. V. Burgis, 244. ex parte, 460, 461, 462, 463, 465, 466, 467. V. Oolley, 392, 395, 402, 722, 729, 737, 778. V. Honeywood, 542, 706. V. Powell, 648, 652, 663. Benson v. Benson, 125, 130, 238, 631, 820, 822. V. Whittam, 172. Bentham v. Wiltshire, 445. Bentley v. Craven, 225, 318. V. Mackay, 63, 83. Berkhampstead Free School, ex parte, 493, 543, 782. Berriugton v. Evans, 661. Berry v. Usher, 183, 195, 196. Bessey v. Windham, 478. Bethune v. Kennedy, 354, 810, 812. Bevan's case, 827. Bevant v. Pope, 260. Beveridge, ex parte, 715. Beverley v. Beverley, 603. Beynon v. Gollins, 435. Bick V. Motly, 315, 362, 771, 772. Bickham v. Freeman, 489. Bicknell v. Gough, 734. Biddulph, ex parte, 772. V. Biddulph, 796. Bifieldv. Taylor, 841, 844. Biggs, in re, 376. V. Andrews, 807. V. Penn, 854. Bignold V. Springfield, 782. Bill V. Cureton, 93. Billing V.Webb, 837. Billingsley v. Mathew, 300. Billingsly v. Critchet, 518. Binford v. Bawden, 817. Bingham v. Glanmorris, 236. V. Woodgate, 284, 616. Bingley School, in re, 785. Binion v. Stone, 209. Biuks V. Lord Rokeby, 427, 431, 435. Birch V. Blagrave, 178, 215. V. Cropper, 575. V. Wade, 167, 703, 704. Bird V. Johnson, 132. V. Lockey, 351, 361. V. Peagrum, 642. Birls V. Betty, 767. Birmingham School, in re, 492. xlviii LEWIN ON THE LAW OF TRUSTS, ETC. Biscoe v. Kennedy, 634. „„ ,,„ V. Perkins, 247, 405, 408, 409, 410, 411. Bishop V. Colebrook, 3T2. V. Talbot, G8. Black V. Creighton, 866. Blackburn v. Stables, 147, 153, 154. Blackburne, ex parte, 536. Blacklow V. Laws, 122. Blackston v. Hemsworth Hospital, 502. Blackwood v. Borrowes, 317, 338, 419, 773,777. Blagrave v. Blossom, 258. Blair v. Bromley, 734. V. Ormond, 742. T. Nugent, 745. Blake v. Bunbury, 586. V. Foster, 733. Blakely v. Brady, 87. Bland v. Bland, 169, 171. T. Wilkins, 193. Blann V.Bell, 810, 813. Blatch V. Wilder, 173, 488. Blennerhassett v. Day, 423, 734. Blewitt v. MiUett, 220, 224. V. Thomas, 734. Blinkhorne v. Feast, 39. Bliss T. Bridgwater, 238. Blithe's case, 34, 526. Blomfield v. Eyre, 753. Blove's Trust, in re, 379, 380, 460, 461, 462. Blue V. Marshall, 521. Boardman v. Mosman, 317. Boddv V. Esdaile, 274, 275. Bodeaham v. Hoskyns, 227, 459, 562. Boden's Trust, in re, 888. Bold v. Hutchinson, 149. Bolton V. Bolton, 97, 99. (Duke of) v. Deane, 754, 755. V. Williams, 634, 635, 639. Bond V. Hopkins, 732. V. Nurse, 19. Bone V. Cook, 306, 317. Bonham v. Newcomb, 97. Bonifant v. Greenfield, 235, 236, 237. Bonithon v. Hockmore, 545, 546, 556. Bonner v. Bonner, 370. Bonney v. Ridgard, 453, 454, 455, 457 460, 730, 731. Booth, ez parte, 290. V. Booth, 239, 240, 290, 317, 768 774. V. Warrington, 734. Boreham v. Bignall, 368. Bosanquet, ex parte, 835. Boschetti v. Power, 866. Boson V. Statham, 56, 61, 67, 68, 74, 80 Boss V. Godsall, 339. Bostock V. Blakeney, 356, 512, 514. BoSvil V. Brander, 628. Bosworth V. Forard, 251. Boteler v. AUington, 16. Bothomly V. Lord Fairfax, 489, 621. Boughton V. James, 111. V. Langley, 248. Boulton T. Beard, 366. Bourne v. Buckton, 118, 119. V. Bourne, 808. V. Mole, 867. Bovey v. Smith, 725, 726, 727. Bowater v. Elly, 603. Bowden v. Bowden, 810. Bowes, ex parte, 263, 264, 835. V. East London Waterworks' Com- pany, 522, 752, 778. V. Earl of Shaftesbury, 805. Bowker v. Burdekin, 477, 479. Bowles V. Rogers, 277. T. Stewart, 223, 224, 778. V. Weeks, 713. 3owj-er v. Rivitt, 659. Bowra v. Wright, 694. Box V. Box, 372. V. Jackson, 629. Boyce v. Corbally, 533. Brace v. Duchess of Marlborough, 280. Brackenbury v. Brackenbury, 138. Bradburne, in re, 837. Bradford v. Belfield, 296, 297. Bradgate v. Ridlington, 487. Bradish v. Gee, 823, 824. Bradshaw, ez parte, 890. v. Bradshaw, 300. V. Fane, 417. Bradwell v. Catchpole, 304, 726. Brandlyn v. Ord, 726. Brandon t, Aston, 136, 520. v. Robinson, 132. Brasier v. Hudson, 431. Brassey v. Chalmers, 417, 530, 533. Bray, ex parte, 557. 1 Y_ West 235. Braybr'oke (Lord) v. Inskip, 262, 263, 264, 449. Brearcliff T. Dorrington, 614. Breedon v. Breedon, 432. Brest V. Offley, 167. Brett V. Greenwell, 369. Brettell, ez parte, 263, 264. Brewer v. Swirles, 640, 775. Brewster v. Angell, 164, 165, 166. Brice v. Stokes, 304, 305, 306, 311, 312, 316, 317, 774, 775. Bridgenorth (Corporation of) v. Collins, 116. Bridge V. Bridge, 65, 81, 83, 84,89,94. V. Brown, 513, 517, 557. Bridger v. Rice, 415. Bridgett v. Hames, 851. Briggs V. Chamberlain, 818. V. Oxford (Earl of), 112. V. Penny, 68, 78, 168, 169, 173. Bright V. North, 516, 559. Brighfs Trust, in re, 613. Bristed v. Wilkins, 67 1. Bristol (Countess of) v. Hungerford, 183, 184. TABLE OF CASES. XllX Bristow V. Pegge, 590. Britten v. Cole, 647. Britton v. Twining, 142. Broadhurst v. Balguy, 306, lib, 778. ^Brocksopp v. Barnes, 545, 549, 553. Brodie v. Barry, 643, 869. V. St. Paul, 872. Bromfield, ez parte, 826, 827, 828, 829, 830. V. Wytherley, 360. Bromley v. Holland, 842, 848. V. Lingard, 773. V. Smith, 851. Brook V. Brook, 35. (Earl) Y. Bulkeley, 725. Brookes v. Burt, 848. Brookman v. Hales, 182, 218. V. Rothschild, 225. Brooksbank v. Smith, 733. Broom v. Broom, 839. V. Summers, 497. Brougham (Lord) v. Poulett (Lord), 564. Broughton v. Broughton, 320, 549, 550. V. James, 641. V. Langley, 246. Browell v. Read, 237, 424, 869, 871. Brown, ex parte, 781. V. Bamford, 129. V. Bigg, 196. V. Brown, 713. V. Dawson, 498. V. De Tastet, 548. V. Groombridge, 564. v. Higgs, 168, 197, 526, 695, 696, 701, 702, 703, 706, 708, 709. V. How, 585, 875. V. Jones, 182, 191. v. Like, 123, T. Litton, 343, 360, 361, 548. V. Pocock, 124, 128, 701, 704. V. Raindle, 260. T. Sansome, 361, 364. V. Wuiteway, 255. Browne v. Blount, 849. V. Cavendish, 481, 482, 483, 653. v. Cross, 742, 776. T. DeLaet, 189. T. Elton, 628. V. Lockhart, 857. V. Southouse, 359, 361. T. Stoughton, 111. Brudenell v. Boughton, 65. Bruere v. Pemberton, 359. Brummell v. Macpherson, 42. Brunsden v. Woolredge, 542, 699, 706, Byran v. Collins, 116. V. Brydges, 142. Buchanan v. Hamilton, 710. Buck V. Shippam, 486. Buckeridge v. Glasse, 237, 711, 756, 774, 775, 778. V. Ingram, 393, 396. Buckingham (Earl ofj v. Drury, 39, 792. Buckle T. Mitchell, 93. Buckley's Trust, in re, 375, Buckley v. Lanauze, 218. BufiFery, ex parte, 716. Bugden v. Bignold, 608. Buggins V. Yates, 169, 170, 180, 183. Bulkly V. Wilford, 226, Bull T. Birkbeck, 403. V. Vardy, 172. Bullock r. Knight, 629, T. Wheatley, 328. Bullpin V. Clarke, 634, 641. Bunnett v. Foster, 183, 851. Bunting, in re, 226. Burbridge. ex parte, 278. Burchett v. Durdant, 248, Burden v. Burden, 549. Burdett v. Rockey, 261. v. Willet, 754. Burdon v. Burdon, 643. Burdon v. Kennedy, 649, 665. Burge V. Brutton, 320, 550. Burgess V. Wheate, 10, 11, 12, 13, 14. 15, 30, 42, 43, 57, 103, 269, 270, 28o'. 281, 282, 283, 284, 285, 318, 321, 322^ 323, 593, 600, 615, 622, 625, 629, 675. 677, 678, 680, 724, 725, 792, 795, 872'. Burgh V. Burgh, 280, v. Francis, 279. Burke v. Jones, 484. Burn V. Carvalho, 92. Burney t. Macdonald, 43, 72, 132, 472. Burnie v. Getting, 342. Burntree Building Society, in re, 837. Burrell v. Egremont (Lord), 733. Burridge v. Row, 771. Burrough v. Philcox, 703, 704. Burroughs v. Elton, 659. y. M'Creight, 748. Burrowes v. Lock, 605. Burrows v. Greenwood. 875. V. Walls, 599, 778. Burt, re, 882, 901. T. Dennet, 846, V. Ingram, 339. V. Sturt, 119, 120, Burting v. Stonard, 459. Burton, ex parte, 226, 768. V. Hastings, 148, 149. V. Hodsoll, 807. V. Mount, 810. y. Pierpoint, 121, 694. y. Wookey, 546. Burtt's Trust, re, 297. Estate, re, 534, 267, 533. Bush T. Allen, 250. Butcher y. Easto, 477. Butler & Baker's case, 235, 236. Butler's Trust, re, 381. Butler, ex parte, 274. v. Bray, 299, 536. V. Portarlington, 63. V. Prendergast, 842, 847. Buxton, ex parte, 423. LEAVIN ON THE LAW OF TRUSTS, ETC. 1 Buxton V. Buxton, 329, 415 Byam V. Byam, 450, 533, 536 543 Byrchall v. Bradford, 243, 764, 1U. Byrne, re, '713. __ T. Frere, TSS, 734, 738. Cadogan v. Earl of Essex, 349, 542. V. Kennet, 594. Cafe Y. Bent, 524, 544, 582 812. Cafifrey v. Darby, 326, 557, 5o8, 766, 875. Caillaud v. Estwick, 649. Caldecott v. Brown, 514. T. Caldecott, 354, 814, 815. Callaghan v. Egan, 839. Callow V. Howie, 633, 634. Calvert v. Godfrey, 840. Calverley v. Phelp, 842. Cambridge v. Rous, 195, 197. Camden v. Anderson, 203. Camoys (Lord) v. Best, 566, 578. Campbell v. Campbell, 547. V. Ferrall, 662. V. Graham, 739. V. Home, 367, 595. V. Walker, 421, 460, 461, 462, 464, 465, 466,467, 468, 470, 471, 472, 473. Caney v. Bond, 328. Cann v. Cann, 472. Canning v. Hicks, 18. Cant, ez parte, 901. Cantiey, re, 264. Cape V. Cape, 122. Capel V. Wood, 384. Car V. Burlington, 489, 490, 491. V. Ellison, 272, 816. Carbis, exparte, 612, 613. Carew v. Johnston, 546. Carleton t. Earl of Dorset, 631. Carlisle (Corporation of) v. Wilson, 753 Carlon v. Farlar, 662. Carmichael v. Wilson, 361, 517. Carpenter, in re, 882. V. Carpenter, 603. V. Heriot, 472. V. Marnell, 274, 275, 276. Carr v. Bedford, 538, 707. V. Ellison, 816. T. Errol, 163. Carrick v. Errington, 182. Carsey v. Barsham, 305. Carter v. Barnardiston, 251, 428. V. Home, 225, 318. V. Taggart, 369, 370. V. Waine, 474. Carteret (Lord) v. Paschal, 630. (Lord) V. Petty, 50. Cartwright, exparte, 714, 716. Carvill v. Carvill, 173. Carwardine v. Carwardine, 246. Cary v. Cary, 167, 168, 169. Casamajor v. Strode, 816. Casborne v. Scarfe, 262, 263, 264, 621, 623, 680. Casburne v. Casburne, U, 625. Casey's Trust, in re, 136. ^ Cathorpe,CT;?a7-<«, 343. Cator V. Croydon Railway Company, . 63. Y. Earl of Pembroke, 758. Cave V. Roberts, 325. Cavendish v. Mercer, 520. Cawkwell, exparte, 479. Cawthorn, in re, 380. Cazneau's Legacy, 378. Chadwick v. Heatley, 373. V. Holt, 667. Challen v. Shippam, 357. Chalmer v. Bradley, 289, 470, 471, 472, 729, 737, 819. Chaloner v. Butcher, 824. Chamberlain v. Agar, 71. Chamberlaine v. Chamberlaine, 70. Chambers, exparte, 517. V. Chambers, 149, 810. V. Goldwin, 546, 556. v.Minchin, 290, 291,293,305, 311. 312, 315. v. Waters, 462. Champion, ex parte, 351. V. Rigby, 470. Chancellor y. Morecraft, 851. Chandler, in re, 763. Chancey v. May, 851. Chase v. Goble, 477. Chaplin, ex parte, 342. V. Chaplin, 57, 138, 178, 621,625. V. Horner, 797, 798, 805, 819. Chapman v. Blisset, 104, 246, 247. V. Gibson, 96. Charity Corporation v. Sutton, 290, 545, 846. Chastenev. exparte, 833. Chedworth v. Edwards, 337, 756, 758. Chelmsford, (Poor of) v. Mildmay, 493. Chertsev Market, in re, 317, 415, 493, 723, 767, 777, 781, 783, 787, 845. Chester v. Piatt, 635. V. Rolfe, 517, 774. Chesterfield (Earl of) v. Jansen, 471, 472, 473, 778. Chetham v. Lord Audley, 547. Chichester v. Bickerstaff, 800. Child v. Gibson, 360. V. Stephens, 488. Chion, ex parte, 274, 754. Chipping-Sodbury School, in re, 783. Chirton's case, 673. Chitty V. Parker, 183, 184. Cholmondley v. Cholmondley, 168. (The Marquis of) v. Lord Clinton, 618, 730, 732, 733, 737. Christian v. Devereux, 744. Christophers v. White, 320. Christ's Hospital t. Budgin, 177, 216. V. Grainger, 23, 717. Christy v. Courtenay, 207, 209, 212, 214. 215. Chumley, ex parte, 826. TABLE OF CASES. li Churchill v. Bank of England, 671. V. Dibben, 645. V. Lady Hobson, 241, 291, 310, 313. V. Marks, 136. City of London v. Garway, 182, 183. V. Richmond, 851. Clack V. Holland, 329, 729, 764. Clapham (Inhabitants of) v. Hewer, 779. Clare v. Earl of Bedford, 39. Clare v. Ormond, 599. V. Wood, 657. Clark V. Burgh, 629. V. Cook, 630. Clarke's Charity, in re, 781. Clarke v. Danvers, 199, 202, 216. V. Earl of Ormonde, 428. V. Parker, 533. V. Pistor, 123. V. Swaile, 464, 471. V. Turner, 707. Clay V. Sharpe, 427. V. Willis, 687, 688, Clegg V. Edmondson, 742. Clerk V. Miller, 633. Clerkson v. Bowyer, 18. Clifton T. Lombe, 168. Clinton v. Willes, 637. Clough V. Bond, 291, 293, 328, 337, 351, 766. V. Dixon, 314, 336, 357. Clowdsley v. Pellham, 167. Clowes V. Waters, 490, 491. Clutton, ezparie, 40, 579. Coape V. Arnold, 142, 144, 146, 155. Cochrane v. Robinson, 426. Cock V. Goodfellow, 340, 480. Cockburn v. Thompson, 851. Cockell V. Pugh, 838, 839. V. Taylor, 729. Cocker v. Quayle, 340, 596, 766, 774, 775. Cockerell v. Cholmley, 472, 778. Cogan V. Stevens, 189. Coke's case, (Sir E.) 646, 673. Colchester v. Lowten, 25. Cole V. Gibson, 472. V. Moore, 615, 723, 724, 725. V. Muddle, 771. V. Wade, 22, 297, 526, 528, 530, 533, 534, 580, 712. Colebrooke's (Sir George) case, 464, 473. Colegrave v. Manby, 392. Coles V. Trecothick, 460, 462, 463, 464, Collard v. Hare, 730. Collett V. Morrison, 137. Collingwood v. Pace, 677. Collins V. Archer, 753. V. Carey, 320, 549. V. Collins, 354,810. T. Reece, 486. V. Vining, 538, 542. V. Wakeman, 182, 183, 195, 196. Collinson v. Collinson, 209, 214. Collinson v. Lister, 456, 563. V. Patrick, 81, 91. Collis V. Collis, 338, 867. Colman v. Sarel, 84, 94, 97, 874. Colmore v. Tyndal, 253. Colston V. Lilley, 427. Colt V. Colt, 12, 621. Colwall V. Shadwell, 819. Commissioners of Charitable Donations V. Archbold, 710, 711. V. Wybrants, 441, 443, 722, 726 745, 746, 748, 749. Compton V. Bedford, 477, 480. V. Collinson, 34, 35. V. Compton, 658. (Lord) V. Oxenden, 798. Congreve, exparte, 715. Coningham v. Mellish, 180. V. Plunkett, 84. Conolly V. Parsons, 421, 424. Consett V. Bell, 101, 846. Conry v. Caulfield, 325, 845. Conyngham v. Conyngham, 243. Cook V. Arnham, 734, 752. V. Duckenfield, 180. V. Fountain, 173. V. Fryer, 243. V. Gregson, 688. V. Gwavas, 179. V. Hutchinson, 177, 180, 181. V. Parsons, 513. Cooke, ex parte, 136. V. Blake, 252. V. Cholmondeley, 218. V. Crawford, 237, 265, 266, 528, 532, 533. V. Stationers' Company, 182, 190, 193, 194, 195, 197. Cookson V. Cookson, 823, 824. V. Reay, 806, 816. Coope V. Carter, 765. Cooper, ex parte, 613. V. Douglas, 517. V. Fynmore, 605. V. Jones, 893. V. Thornton, 596. V. Wyatt, 135, 136. Cooper's Trust, in re, 191, 193, 808. Cooth V. Jackson, 205. Cope T. Parry, 842. Copeman v. Gallant, 274, 275, 277, 278. Copper Mining Company v. Beach, 425. Copperthwaite v. Tuite, 633. Coppin V. Fernyhough, 218, 222, 224. 384, 397, 398, 729. V. Gray, 634. Corbett v. Barker, 733. Cordal's case, 251. Corder v. Morgan, 427. Cordwell v. Mackrill, 727, 728. Corubury (Lord) v. Middleton, 12, 600, 615. Cornish v. Mew, 395. Cornthwaite v. Frith, 481, 482. lii L E W I N ON THE LAW OF TRUSTS, ETC. Cory V. Gertcken, 39. | Corrton v. Helyar, 8. Costeker v. Horrox, 8G7. Gotham v. West, 517. Gotteen v. Missing, 81, 91. Gotterell v. Purchase, 734. GottinErham v. Shrewsbury, 845. Cottington V. Fletcher, 62, 63, 137, 178, 179. Gotton V. Clark, 877. Court V. Jeffery, 458, 849. Courtenay v. Courtenay, 583. Courthorpe v. Heymau, 12, 600. Courtois, in re, 378. Gousen, exparie, 276, 714. Coventry (Mayor of) v. Coventry, 97, 584. V. Atty.-Gen., 711. V. Hall, 751. Covington, in re, 380. Cowdery v. Way, 633. Gowo-ill V. Lord Oxmantown, 418. Cowfey V. Hartstouge, 538, 806, 808. Cowman v. Harrison, 171. Cowstad T. Cely, 847. Gowper v. Earl Cowper, 680. Cox V. Barnard, 94, 853. V. Bateman, 204, 238, 757. V. Cox, 376, 433. V. Dolman, 748, 749. V. Parker, 14, 321, 679. Cox's case (Sir Charles), 687. Coysegame, ex parte, 277. Grabb v. Crabb, 56, 61. Crabtree V. Bramble, 792,794, 805,806, 823. 824. Crackelt v. Bethune, 357, 359, 362, 875. Gradock v. Piper, 320, 550, 655. Craigdallie v. Aikman, 497. Grallan v. Oulton, 484. Cramer v. Cramer, 890, 904. Cranch v. Cranch, 808. Crane v. Drake, 455, 456, 459. Cranstoun v. Johnston, 48. Crawford, ex parte, 479. Crawley v. Crawley, 118, 808. Crawshay v. Collins, 321, 548. Creagh v. Blood, 16, 232. Creed v. Covile, 12, 683. V. Creed, 236, 847. V. Perry, 372. Creuze v. Hunter, 489. Crewe v. Dicken, 233, 237, 297, 449 531, 532, 533, 534. . Cripps V. Jee, 178. Crisp V. Heath, 650. V. Spranger, 226, 292, 459. Crispe v. Blake, 606. Croft V. Adam, 696. V. Slee, 183, 190. Crofton V. Ormsby, 725. Crofts V. Middleton, 634. Grompton t. North, 181. Crook V. Ingoldsby, 572. Crooke v. Brooking, 63, 76, 77. Crop V. Norton, 63, 200, 218. Cropper v. Mellersh, 855. Crosby v. Church, 635, 640, 645. Crosley v. Archdeacon of Sudbury, 261. Crosse v. Smith, 296. Crossley v. Crowther, 718. Crouch V. Citizens of Worcester, 506, 508. Crowe V. Ballard, 460, 470, 472, 473. V. Crisford, 810. Croyden's Trust, 380. Crozier v. Crozier, 156, Cruse V. Barley, 182, 183, 190, 195. Cruwys v. Colman, 167, 169, 704, 706. Cuddv V. Waldron, 857. Cuff V.Hall, 416, 527. Cullingworth v. Lloyd, 486. Culpepper v. Aston, 179, 414, 428, 429, 434. 435. Cummins v. Cummins, 238, 239, 240, 319. Cunliffe v. Cunliffe, 168. Cunningham v. Moody, 621, 680, 793, 794, 819, 820. Curling v. May, 806. Currant v. Jago, 216. Curre v. Bowyer, 655. Currer v. Walkley, 435. Currie, exparie, 833. Curteis v. Candler, 367. Curtis T. Curtis, 621, 622, 753, 755. V. Lukin, 111, 112, 597. V. Price, 253. V. Pdppon, 169, 171. Cusack V. Gusack, 147. Custance v. Bradshaw, 807. V. Cunningham, 179. Cuthbert v. Baker, 432. Cutterback v. Smith, 488. Dack's case (Sir John,) 43, 677, 678. Dakins v. Berisford, 122. Dalbiac v. Dalbiac, 643. Dale, ex parte, 278. D'Almaine v. Anderson, 575. Daniel v. Ubley, 35. V. Warren, 368, 810. Daniels v. Davison, 725. D'Arcv V. Blake, 622, 625, 626, 755. Darcy V. Hall, 318. Darke v. Martvn, 337. Darley v. Darley, 97, 121, 122, 123. Darlington, ex parte, 517. D'Arnay v. Chesneau, 276. Darwell v. Darwell, 310. Davall V. New River Company, 321, 679. Davenport v. Coltman, 182, 183, 184. T. Stafford, 356. Davenport's Charity, re, 718, 899. Davers v. Dewes, 196, 197. Davey v. Miller, 885. I David V. Frowd, 375. TABLE OF CASES. liii Davidson v. Foley, 179, 191, 650. V. Gardner, 460, 633. Davies, re, 895, 901. V. Ashford, 823. V. Austen, 518. v. Davies, 147, 258, 727. V. Goodhew, 806, 807. V. Thornycroft, 128. V. Weld, 407. V. Westcomb, 421. Davis, ex parte, 575. V. Dendy, 556. V. Dysart, 227. v. Jenkins, 498, 779. v. Kirk, 680. V. Front, 121. V. Spurling, 226, 290, 292, 293, 459. V. Strathmore (Earl of) 672. Davy V. Hooper, 700. ^ V. Pepys, 646. T. Seys, 873. Dawson v. Clarke, 179, 180, 181, 197, 317, 557. V. Hearn, 597. V. Massey, 359. Day v. Croft, 557, 870. Dean v. Allen, 426. Dearden, ira re, 836. Dearie v. Hall, 605, 607. De Clifford, in re, 836. Deerhurst (Lord) v. Duke of St. Albans, 163. Deeth v. Hale, 597, 819. Deg V. Deg, 63, 204, 206, 238, 757. Degg's case, 828. Delane v. Delane, 207. Delauney v. Barker, 274, 275. Deloraine (Lord) v. Browne, 732, 734, 735, 738. De Manneville v. Crompton, 543. Dennis v. Badd, 227, 830. Denton v. Davies, 64, 757, 762, 764. V. Denton, 589, 592. Deptford (Churchwardens of) v. Sketch- ley, 106, 107. Derbishire v. Home, 633, 765, 775, 778. Devenish v. Baines, 60, 71. Devey v. Peace, 575. T. Thornton, 367, 595, 876. Devon v. Watts, 477, 480. Dew V. Clarke, 834. Dewdney, ex parte, 731. Dibbs V. Goren, 373. Dickenson v. Dickenson, 420, 430. Dickinson v. Shaw, 211. Dickenson v. Player, 340. Dickson, re, 558, 562. Digby V. Howard, 643. V. Irvine, 635, 666, 669. V. Langworth, 602. T. Legard, 182, 183. Dike V. Ricks, 429. Dillon V. Coppin, 81, 84, 94. Dillon V. Plaskett, 662. Dimes V. Scott, 291, 353, 815. Dimsdale v. Dimsdale, 94. Dinwiddle v. Bailey, 753. Disher v. Disher, 797. Dix V. Burford, 243. Dixon V. Olmius, 71, 122. V. Dawson, 181. V. Gayfere, 745, 816, 823. V. Saville, 621, 625. Dobson T. Carpenter, 426. V. Land, 319, 332, 165. Docker v. Somes, 318, 319, 321, 361, 362. Docksey v. Docksey, 181. Dod V. Dod, 147. Dodson V. Hay, 154, 156, 621, 622, 793. Doe V. Amey, 667. V. Ball, 478. V. Barrel!, 667. V. Barthrop, 253. V. Bennett, 264. V. Biggs, 249. V. Bolton, 252. V. Cadogan, 258. V. Cafe, 141, 253, 254, 259. V. Claridge, 247. T. Cockell, 106, 107. V. Danvers, 61, 617. V. Edlin, 247. V. Ewart, 252. T. Field, 247. V. Godwin, 301, 419. V. Gi-eenhill, 065. v. Harris, 182, 233, 236, 237, 243. V. Hawkins, 505. V. Hawthorn, 132. V. Hicks, 253. V. Hiley, 106, 107. V. Homfray, 247, 250. V. Hughes, 441, 442, 444, 445, 447. V. Ironmonger, 254. V. Jones, 498, 590. V. Keen, 753. T. Lea, 251, 255. V. Lightfoot, 265. V. M'Kaeg, 498, 590. V. Munro, 132. V. NichoUs, 249, 253. V. Norton, 717. V. Passinghara, 247. V. Phillips, 586, 748. V. Pott, 591. V. Pratt, 250. V. Price, 288. V. Roe, 527, 580. V. Rusham, 93. V. Shotter, 250. V. Simpson. 250, 251, 254, 259. V. Smyth, 236. V. Sotlieron, 252. V. Staple, 590, 591. V. Svbourn, 591. V. Terry, 106, 107. liv LEWIN ON THE LAW OF TRUSTS, ETC. Doe V. Thompson, 45. V. Underdown, 195. V. Willan, 256. v. "Woodhouse, 250. V. Wroot, 591. Dolder v. Bank of England, 865. Dollond V. Johnson, 689. Dolman v. Pritman, 489. Dolton V. Hewen, 435. V. Young, 444. Dommett v. Bedford, 136. Donaldson y. Donaldson, 81, 91. Donne v. Hart, 26, 629. Donohoe v. Conrahy, 65. Doody T. Higgins, 856. Doolan v. Blake, 632. Doran v. Wiltshire, 433, 435. Dorchester (Lord) v. Earl of Effingham, 332. Dormer's case, 826, 827. T. Fortescue, 409, 751, 752, 753, 754 755 756. Dornford v. Dornford, 358, 359, 364, 766, 771, 772. Douglas Y. Allen, 484. Y. Browne, 290. Y. CongreYe, 815. Y. Horsfall, 844. DoYe V. EYcrard, 235, 242. DoYcnby Hospital, in re, 782. DoYer, ex parte, 243, 838, 880. Dowling Y. Belton, 830. Y. Hudson, 434. Dowling Y. Maguire, 632, 634, 635. Downe (Viscount) y. Morris, 14, 18, 283, 285, 322. Downs Y. Thomas, 850. Y. Worrall, 700. Downes y. Grazebrook, 414, 461, 463, 464. Downing v. Townsend, 95. Dowtie's case, 676. Doyle Y. Blake, 232, 240, 289, 292, 310, 311, 313, 366. Doyley y. Attorney-General, 297, 533, 534, 696, 700, 704, 712. Doyly Y. Sherratt, 298. Drake y. Whitmore, 417. Drakeford y. Wilks, 70. Drakeley's Trust, in re, 118. Drant y. Vause, 808. Drayson y. Pocock, 414, 450, 712. Drew V. Harman, 842. Drever v. Mawdesley, 541. Drohan v. Drohan, 456, 522. Drosier v. Brereton, 82, 345, 350. Drummond y. Duke of St. Alban's, 751 , 756. Drury v. Scott, 642. Duberley y. Day, 20, 629. Dubless V. Flint, 864, 866. Dubois, ex parte, 269. Dudgeon y. Cormley, 858. Dudley (Lord) y. Lady Dudley, 794. Du Hourmelin y. Sheldon, 43, 807. Dumas, ex parte, 274, 276. Dummer y. Corporation of Chippenham, 31. Dumoncel Y. Dumoncel, 43, 132, 621. Dunbar y. Tredennick, 466, 469, 470, 472, 473, 725. Duncan y. Chamberlayne, 613. Dunch V. Kent. 318, 428, 435, 486. Duncombe v. Mayer, 592. V. Nelson, 517. Dundas y. Blake, 746. Y. Dutens, 648. Dunkley v. Dunkley, 369, 370. Dunman, ex parte, 422. Dunnage y. White, 181. Dunne y. Dunne, 514. Dunster y. Glengal, 608. Durour y. Motteux, 196, 197. Duttou Y. Morrison, 476, 477, 478, 479. Dyer y. Dyer, 200, 207, 209, 211, 212, 213. Eade Y. Bade, 167, 169, 171. Bales Y. England, 167, 169, 283. Barlom Y.Saunders, 792, 796,806, 816. East Y. Ryall, 506,876. East Greenstead's case, 726. Bast India Company v. Henchman, 225. Eaton Y. Smith, 531. Ebrand y. Dancer, 200, 216. Bccleston y. Skelmersdale, 845. Eckhardt y. Wilson, 477, 479. Bddleston y. Collins, 36. Eden y. Foster, 492, 493, 499. Edenborough y. Archbishop of Canter- bury, 107, 109, 110, 777, 874. Edmonds y. Dennington, 631. V. Peake, 427. Edwards Y. Fashion, 202. Y. Freeman, 20. Y. GraYCS, 19. V. HarYey, 421, 872. V. Jones, 81, 88. Y. Lewis, 220. Y. Morgan, 751, 756. V. Pike, 80, 205. Y. Tuck, 118, 119. Y. Countess of Warwick, 797, 805, 806, 820, 822, 824. Eidsforth y. Armstead, 441, 446, 447. Eland y. Eland, 435, 436, 437, 444, 456, 458. Elborne y. Goode, 116, 118. Eldridge y. Knott, 736. Elibank (Lady) y. Montolieu, 628. Ellerthorpe, in re, 883. Ellice, ex parte, 343. Elliot Y. Brown, 202. Y. Edwards, 725. Y. Elliot, 177, 207, 211, 214, 215. Y. Merriman, 435, 441, 444, 455, 738. Ellis, ex parte, 274. TABLE OP CASES, Iv Ellis V. Atkinson, 123. V. Maxwell, 116. V. Nimmo, 96, 97, 99. V. Selbj-, 182. Ellison V. Airey, 551. V. Ellison, 81, 84, 89, 99. V. Elwin, 628. Ellison's Trust in re, 236, 895. Elliston, ex parte, 277. Elmsley v. Young, 707. Else v.^Osboru, 407. Elsee, ex parte, 557. Eltham (Inhabitants of) v. Warreyn, 198, 506. Elton V. Harrison, 444. Emblyn v. Freeman, 182. Emelie v. Emelie, 341. Emmett v. Dewhurst, 486. Emuss V. Smith, 808. England (Bank of) v. Lunn, 32, 33. V. Moffat, 32, 33. V. Parsons, 32, 33. England (Mary), in re, 408. V. Downs, 131, 244. Entwistle v. Markland, 813. Erskine's Trust, in re, 380. Estwick T. Caillaud, 474, 475, 476, 477, 480, 648. Etty V. Bridges, 608, 611, 614, 863. Evans v. Bagwell, 482, 483. V. Bicknell, 592, 775. V. Brown, 14, 18, 285. V. Coventry, 870. V. Hellier, 114, 117, 119. V. Jackson, 416, 523. V. John, 241. V. Stokes,' 852. V. Tweedy, 485. Evelyn v. Forster, 835, 839. v. Templar, 93, 94, 97, 99. Everett, in re, 377. V. Prythergch, 870. Evroy v. Nicholas, 39. Ewer V. Corbet, 455, 456, 458. Exel V. Wallace, 145. Eyre's case, 820. Eyre v. Dolphin, 218, 220, 224. V. Marsden, 118, 119, 183. V. Countess of Shaftesbury, 299, 300, 536. Fagg's Trust, in re, 380, 577. Fain v. Ayres, 227. Falkland, Lord v. Bertie, 753. Falkner v. Lord Wynford, 700. Fane v. Fane, 59, 61. Farquharson v. Seton, 845. Farr v. Newman, 261, 262, 274, 278. T. Sheriffe, 857, 858. Farrar v. Winterton, 655. Farrell v. Smith, 375. Farrington v. Knightly, 19. Faulkner v. Elger,' 109. Fauntleroy, in re, 713. Fawcet v. Lowther, 680. Fawcett v. Whitehouse, 225. Fearns v. Young, 558, 808. Fearon v. Webb, 107, 108. Featherstonhangh v.Fenwick, 218, 220. Fell V. Brown, 849. V. Lutwidge, 875. Fellowes v. Till, 839. V. Mitchell, 304, 305, 337, 774. Fellows's Settlement, in re, 897, 901. Feltham's Trusts, in re, 380. Fenniliteau, ex parte, 835. Fenwick v. Greenwell, 700, 765. Feoffees of Heriot's Hospital v. Ross, 557, 561. Fergus (Executors of) v. Gore, 484. Ferguson v. Livingstone, 734. V. Tadman, 174. Ferraby v. Hobson, 505, 506. Fernie v. Maguire, 331. Ferrars v. Cherry, 725, 726. Fettiplace v. Gorges, 642. Fidgeon v. Sharp, 480. Field's Trust, in re, 381. • Mortgage, 265. Field, ex parte, 860. V. Donoughmore, 367, 486, 595. V. Evans, 123. V. Lonsdale, 101. V. Sowle, 634, 635, 640, 641. Finch's case (Sir Moyle), 4, 9, 16, 18, 56, 287. Finch V. Finch, 200, 207, 209, 215. V. Earlof Winchelsea,99, 174, 279, 280. V. Hollingsworth, 701, 704. Finden v. Stephens, 102. Finlay v. Howard, 710. Fishbourne, in re, 451. Fish V. Klein, 39. Fitch V. Weber, 182, 184. Fitzgerald, in re, 583, 713. V. Fitzgerald, 631. V. Jervoise, 415, 792, 816. V. O'Flaherty, 876. V. Pringle, 341, 877. Fitzgibbon v. Blake, 634, 642. Fitzroy v. Howard, 384. Flack^s settlement, in re, 378. Flanagan v. Flanagan, 177. V. Nolan, 365, 876, 877. Flanders v. Clark, 536, 696. Flemming v. Page, 725. Fletcher, ex parte, 381. V. Ashburner, 177, 183, 793, 819. V. Chapman, 189. V. Fletcher, 81, 94, 719. V. Robinson, 794. V. Sidley, 93. V. Stevenson, 375, 426. V. Walker, 333. Flint V. Warren, 1 84. Flitcroft, in re, 893. Fogin V. Andrews, 877, 979. Ivi LEWIX ON THE LAW OF TRUSTS, ETC. Folev, ex parte, 849. ^"t. Burnell, 152, 161, 163, 261, 280, TIS. T.Hill, 731,^32. V. Parry, 167. V. Wontner, 301, 419, 497, 498, 527, 580. Follett V. Tjrer, 623. Folj's case, 488, 489. Fooue V. Blount, 792, 796. Foord, ex parte, 477. Footner v. Sturgis. 662. Forbes v. Ball, 167, 706. V. Peacock, 430, 434, 435, 437, 440, 441, 442, 445, 453, 458. V. Ross, 339, 359, 361, 365. Ford V. Hopkins, 758. V. Rvan, 331, 433, 453. V. White, 729. Ford's Charity, in re, 785. Forderr. Wade, 621, 751. Fordham v. Wallis, 373. Fordyce v. Bridges, 533, 712. V. Willis, 25, 56, 57, 59, 61, 267. Forrest v. Elwes, Forshaw v. Higginson, 583, 584. Forster v. Hale, 61, 62, 63, 64, 65. Fortescue v. Barnett, 86. Forth V. Duke of Norfolk, 650, 653, 655, 665. Fosbrooke v. Balguv, 217, 225, 318, 319. Foster v. Blackstone, 605, 008, 612, 650, 653, 656. T. Crabb, 592. V. Cockerell, 608. T. Deacon, 174. V. Foster, 359. V. Handlej-, 692. V. Hodgson, 734. Fothergill v. Fothergill, 97. T. Kendrick, 650. Fountaine v. Pellett, 559. Fourdrin v. Gowdey, 43. Fowler v. Churchill, 671. v. Fowler, 643^ 644. V. Garlike, 181. V. Reynall, 346. Fowlser, exparte, 791. Fox V. Bishop of Chester, 136. * T. Fisher, 277. V. Mackreth, 400, 469, 473. Foxall, in re, 713. Fozard's Trust, in re, 379, 816. Fozier v. Andrews, 877, 879. France v. Woods, 332. Francis v. Francis, 345, 561. Francis t. Grover, 746. Francis v. Wigsell, 035, 640. Franco v. Franco, 317, 629, 851. Frank v. Frank, 816. Franklin v. The Bank of Ent^land, 32. V. Frith, 351, 359, 875, 878. V. Green, 519. Franklj-n, ex parte, 343. Franks v. Price, 157. Eraser v. Palmer, 320, 549. Frazer t. Moor, 734. Freake v. Cranefeldt, 485. Frederick v. Aynscombe, 796. V. Frederick, 806. Freeman v. Fairlie, 547, 599, 864, 867. T. Tatham, 64. V. Taylor, 650. Freemoult v. Dedire, 174, 488. Freme v. Woods, 332. Fremington School, in re, 781. French, ex parte, 348. V. Baron, 546. T. Davidson, 538, 539, 543. V. Hobson, 777. Frewin v. Charleton, 409. Friendly Society, ex parte, 783. Frost's Settlement, in re, 895. Fulham, in re, 901. V. Jones, 796. Fuller V. Knight, 349, 415, 771. T. Lance, 476. Fussell V. Elwin, 854. Fulton V. Gilmour, 374. Fursaker v. Robinson, 94. Fust, ex parte, 343. Putter V. Jackson, 867. Fyler v. Fyler, 226, 358, 562, 766, 774. Fyson v. Pole, 734. Gafifee, in re, 131. Gainsborough v. Gainsborough, 181. Gale V. Pitt, 356. V. Williamson, 477. Galliers v. Moss, 264. Galway v. Butler, 857. Gannon v. W^hite, 89. Gardiner v. Fell, 02, 753, 754. Gardiner v. Marshall, 370. V. Rowe, 63. Garey v. Wliittingham, 858. Garfoot V. Garfoot, 173. Garland, ex parte, 273. Garrard v. Lauderdale, 81, 84, 99, 101, 476, 482, 483. T. Tuck, 586, 590, 748. Garrat v. CuUum, 275. Garratt v. Lancefield, 426. Garrett v. Noble, 415. v.- Wilkinson, 216. Garth v. Baldwin, 141, 142, 247. V. Cotton, 156, 408, 753. Gascoigne t. Thwing, 204, 205. Gaskell v. Gaskell, 100. V. Harman, 792. V. Holmes, 368. Gaston v. Frankum, 634. Gaunt V. Taylor, 857, 858. Gayner's case, 477. Geary v. Bearcroft, 57, 260, 590. Geaves, ex parte, 277, 772. Gennys, ex parte, 274, 276. TABLE OF CASES. Ivii Gent v. Harris, 369. 370. George v. Bank of England, 61. V. Howard, 179. Gibbons v. Baddall, 725. Gibbs V. Glamis, 482. V. Herring, 313. V. Ougier, 183. V. Rumsey, 181, 182, 183, 195. Gibson v. Bott, 814, 815. V. Jeyes, 460, 461, 463. v. Lord Montford, 251. V. Rogers, 616. V. Winter, 269. Giddings v. Giddings, 218, 220, 221, 223, 224, 225, 397, 398. Gifford V. Hort, 733. V. Manley, 238. Gilchrist v. Cator, 370. Giles V. Dyson, 557. Gill V. Attorney-General, 314. Gillam, ex parte, 833. Gillespie v. Alexander, 375. Gillett V. Peppercorn, 225. Gillibrand v. Goold, 421, 430. Gillies V. Longlands, 818, 819, 823. Girling v. Lee, 488. Gladding v. Yapp, 182. Gladdou v. Stoneman, 870. Gladstone v. Hadwen, 274. Glaister v. Hewer, 216. Glass V. Oxenhara, 847. Glenorchy (Lord) v. Bosville, 141, 144, 154. Glover v. Monckton, 251, 256. V. Strothoflf, 53. Glynn v. Lock. 330, 433. Gobe V. The Earl of Carlisle, 18. Goddard, in re, 836. Goddard v. Macaulay, 835, 881. Godden v. Crowhurst, 134. Godfrey v. Dixon, 43, 132. V. Furzo, 274. V. "Watson, 556, 557. Godolphin v. Godolphin, 34, 525, 526. Godsall V. Webb. 91. Godwin v. Winsmore, 621, 622. Goffe V. Whalley, 684. Golding T. Yapp, 59, 69. Goldsmid v. Stonehewer, 855. Gomley v. Wood, 549, 550. Goode V. West, 376, 377. Goodenongh v. Goodenongh, 756. V. Treraamondo, 810. Goodere v. Lloyd, 181. Goodrick v. Brown, 602, 604. Goodright v. Hodges, 60, 199, 203, 205, 207. V. Opie, 195. V. Wells, 15, 16, 61, 591. Goodson V. Ellisson, 367, 595, 600, 850. Goodtitle v. Jones, 591. V. La3'man, 252. Y. Whitby, 251, 255. Goodwin v. Gosnell, 763. Goodwin v. Lister, 832. Gordon v. Gordon, 97. V. Trail, 558. Gore's Charity, in re, 836, 837. T. Bowser, 238, 648, 663. Gorge's (Lady) case, 209, 212, 216. V. Chansey, 521. Goring v. Bickerstaff, 12, 600. V. Nash, 94, 97, 99. Gorst V. Lowndes, 113. Gosling V. Carter, 435, 441, 442, 444, 446, 447. V. Dorney, 487. Goss T. Neale, 474, 475. Gough V. Birch, 458. V. Bult, 729, 748. Gould V. Fleetwood, 545, 553. Gouldsworth v. Knight, 107, 299. Governess's Institution v. Rusbridger, 868. Gover, ex parte, 424. Gower v. Eyre, 514. V. Grosvenor, 144, 150, 158. V. Mainwaring, 22, 526, 697, 699. Gowland v. De Faria, 738. Grace, ex parte, 218. Graham v. Birkenhead, 737, 775. T. Fitch, 633. V. Lord Londonderry, 386, 395. Grange v. Tiving, 35, 36, 37. Grant v. L^'nam, 705. V. Mills, 276, 725. Gravenor v. Hallum, 194. Graves v. Dolphin, 132, 133. Gray, ex parte, 269. "- V. Chaplin, 852. V. Gray, 83. V. Haig, 599. Greatley v. Noble, 634, 639, 756. Greaves v. Powell, 487. Greedy v. Lavender, 628. Green, ex parte, 269, 517. V. Ekins, 148. V. Holden, 836. V. Howard, 699, 707. V. Jackson, 197. V. Marsden, 170, 171. V. Pledger, 866. V. Rutherforth, 10, 31, 492, 494. V. Spicer, 132, 133. V. Stephens, 158, 796. Greenfell v. Girdlestone, 736, 737. Greenhill v. Greenhill, 615, 616. Greenhouse, exparte, 496, 711. Greening v. Beckford, 613. Greenwell v. Greenwell, 520. Greenwood v. Churchill, 478. v. Evans, 387, 390, 391, 400, 401. V. Taylor, 485. V. Wakeford, 583, 584, 768. Gregory V. Gregory, 305, 306, 310, 462, 470, 471. V. Henderson, 246, 248. V. Lockver. 642. LEWIN ON THE LAW OF TRUSTS, ETC. Iviii Greislev v. Chesterfield (Earl of), 813. Grenviile (Lord) v. Blyth, 279. Greswold v. Marsham, 650. Grey v. Colville, 12, 682, 689. V. Grey, 177, 200, 207, 210, 211, 212, 213, 214. Grierson v. Eyre, 753. Griesbach v. Freemantle, 823, 824. Grieveson v. Kirksopp, 696, 701, 704, 807, 808. Griffin, ex parte, 294, 298, 332, 357. V. Griffin, 217, 220. Griffith V. Evans, 168, 170. V. Buckle, 147. V. Ricketts, 807. Griffiths V. Vera, 114, 117. Grigby v. Cox, 632. Grimstone, ex j^ arte ^ 825, 826, 827, 830. Grogan v. Cooke, 648, 649. Groom v. Booth, 851. Grosvenor v. Cartwright, 360. Groves v. Groves, 138, 200, 204, 205, 207. Gubbins v. Creed, 318. Gude v. Worthington, 543, 696. Guiberts' Trust, 577. Guidot V. Guidot, 792, 796, 806. Gurner, exparte, 357, 772. Guthrie v. Crossley, 480. Gwilliams v. Rowel, 173, 300. Haberdasher's Company v. Attorney- General, 875. Habergham v. Vincent, 17, 66, 69, 181. Hackett v. M'Namara, 416. Hadley, in re, 572, 895. Hagger, ex parte, 838. Halcott V. Markant, 204, 205, 206. Haldenby v. Spoflforth, 416. Hale V. Allnutt, 480. V. Lamb, 94, 97, 221. Haley v. Bannister, 114, 118. Halford V. Stains, 118, 120, 177. Hall, in re, 763. V. Austin, 854. V. Coventry, 752. V. Dewes, 301, 528. V. Hallett, 46, 358, 359, 301, 460, 465, 469, 470, 873. V. Hugonin, 372. V. Jones, 300. V. Laver, 101, 561. T. Noyes, 461, 470. Hall's Charity, in re, 781. Halliburton v. Leslie, 36. Halliday v. Hudson, 179, 181. Hamer's Devisees, 285. Ham's Trust, 380. Hamilton v. Ball, 138. v. Fry, 582, 583. V. Grant, 731. V. Handcock, 833. v. Houghton, 488, 489. V. Mainwaring, 131. V. Wright, 318. Hamond v. Hicks, 729. Hampshire v. Bradley, 875. Hampton v. Spencer, 63, 64. Hanbury v. Kirkland, 306, 317, 351. Hancom v. Allen, 341, 351. Hancox, ex parte, 716. Handcock ( v.) 833. Handick v. W'ilkes, 147. Hands v. Hands, 701, 704. Hankey v. Garret, 359, 361. V. Hammond, 273. Hanman v. Riley, 485, 855. Hanne v. Stevens, 849. Hanson v. Beverley, 451, 523. V. Keatin, 26, 629. Hanson, ex parte, 277. Harbert's case, 646, 659. Harcourt v. Seymour, 816, 824. Harden v. Parsons, 304, 305, 310, 314, 332, 337, 776. Hardey v. Hawkshaw, 807. Harding v. Glyn, 167, 696, 701, 703, 704, 706. V. Hardrett, 284, 725. Hardman, ex parte, 715. V. Johnson, 225. Hardwick v. Mynd, 290, 422, 434, 447, 449, 471, 529, 533, 738. Hardwicke (Lord) v. Vernon, 466, 469, 599. Hardy v. Reeves, 728, 734. Harford v. Furrier, 174. Hargrave v. Tindall, 488. Hargreaves v. Michell, 484, 729. Hargthorpe v. Milforth, 310. Harland v. Binks, 476, 483. V. Trigg, 168, 169. Harley v. Harley, 627. Harman v. Fisher, 480. Harmood v. Oglander, 16, 735, 751, 756. Harnard v. Webster, 766. Harnett v. Macdougal, 130. V. Maitland, 514. Harris' Trust, in re, 379. V. Booker, 665. V. Davison, 656. V. Horwell, 70. V. Mott, 633, 646. V. Poyner, 810. v. Pugh, 247, 665. Harrison v. Borwell, 735. in re, 252. v. Cage, 428. v. Coppard, 227. V. Duignan, 746. V. Forth, 726. V. Graham, 235, 241, 290, 291, 305, 310. V. Harrison, 356. V. Hollins, 733. V. Naylor, 153, 156. V. Pryse, 372, 846. V. Stewardson, 843, 852. Harrop v. Howard, 130. TABLE OF CASES. lix Hartnall, in re, 891, 905. Harte v. French, 713. V. Middlehurst, 149. Hart V. Tribe, 168. Hartford, in re, 713. Hartga v. The Bank of England, 32. Hartley v. Hurle, 122. Harton v. Harton, 247, 255. Hartop V. Hoare, 275. Hartshorn v. Slodden, 480. Hartwell v. Chitters, 687. Ilarvej v. Audland, 94. V. Harvey, 121, 386, 517, 694, 811, 851. Harwood t. Wrayman, 685. Hasell, ex f arte, 730. Hassell V. Simpson, 477. Hathorntwaithte v. Russell, 871. Havers v. Havers, 870, 871. Hawker v. Hawker, 251, 256. Hawkins v. Chappell, 318, 415. V. Gardner, 61. V. Kemp, 237, 449, 532. V. Lawse, 685. V. Luscombe, 255. V. Obeen, 832. Hay V. Bowen, 368. Hayes v. Kingdome, 177, 201, 210. Hayford v. Benlows, 189. Haj^s, ex parte, 517. Hayton v. Wolf, 234. Haytor v. Rod, 805. Haywood v. Ovey, 848. Head v. Lord Teynham, 596, 848. Heap V. Tonge, 94. Heardson v. Williamson, 256. Hearle v. Greenbank, 34, 35, 36, 526, 623, 624. Hazeldine, in re, 895. Heath, in the matter of, 714. v. Henley, 729. V. Percival, 847. Heathcote v. Hulme, 359, 361, 363. Heatley v. Thomas, 633, 634, 640. Heaton, ex parte, 772. v. Marriott, 304. Heenan v. Berry, 745. Heighington v. Grant, 363, 876. Hemming, ex parte, 380. Henchman v. Attorney-General, 194, 198, 325, 795. Henderson v. M'lver, 557. Henley v. Stone, 842. V. Philips, 877. V. Webb, 817, 821, 823. Hennessey, exparte, 609, 610, 612, 613. Herbert, ex parte, 277. Hercy v. Ballard, 751, 756. V. Dinwoody, 471, 738, 739. Hereford v. Ravenhill, 189, 806. Heron v. Heron, 204, 206. Hertford (Borough of) v. Poor of same Borough, 878. (Marquis of) in re, 860, 864. Hethersell v. Hales, 559. Hewett V. Hewett, 529, 696. V. Foster, 315, 316, 876. Hewitt V. Wright, 184. V. Morris, 814. Hey's Will, in re, 893. Hibbard v. Lambe, 22, 531, 533, 536, 710, 712. Hibbert v. Cooke, 514. V. Hibbert, 101. Hichens v. Congreve, 225, 851. Hichens v. Kelly, 842. Hickling v. Boyer, 426. Hicks V. Hicks, 359, 361, 777. V. Sallitt, 753, 754, Hickson v. Fitzgerald, 234, 874. Hide V. Heywood, 557, 875. Higginson v. Barneby, 165. V. Kelly, 136. Highway v. Banner, 148, 604. Higinbotham v. Holme, 136. Hilchius V. Hilchins, 251. Hill, ex parte, 136. V. Buckley, 415. V. Cock, 183. V. Edmonds, 630. V. Gomme, 765. V. Hill, 164, 165. V. Bishop of London, 172, 180, 269, 318. V. Magan, 560, 872. V. Simpson, 455, 456, 457, 459. Hillary v. Waller, 736, 738. Hilliard, in re, 359, 361. Hinckley v. Maclarens, 707. Hind V. Poole, 420, 530. Hindle v. Taylor, 167. Hinde v. Blake, 867, 869. Hindmarsh v. Southgate, 39. Hinton, exparte, 135. v. Hinton, 260, 276, 279. Hinves v. Hinves, 811. Hitch V. Leworthy, 296. Hixon V. Wytham, 487. Hoare v. Parker, 594. v. Peck, 734, 735. Hobart v. Countess of Suffolk, 179. Hobby V. Collins, 818. Hobson V. Bell, 423, 612. V. Trevor, 751. V. Staneer, 842. Hockley v. Bantock, 341, 356. V. Mawbey, 700. Hodge V. Attorney-General, 30. V. Churchwood, 746. Hodges, in re, 378. V. Blagrave, 425. Hodgeson v. Bussey, 149. Hodgkinson v. Cooper, 224. Hodgson, exparte, 136. Hodgson, in re, 380. V. Hodgson, 605. Hodle V. Healey, 734. Hodsden v. Lloyd, 261. Ix LEWIN ON THE LAW OF TllUSTS, ETC. Hodson's settlement, 895. Holder V. Durbin, 713. Holdernesse v. Carmarthen, 820, «2i. Holford V. Pbipps, 595. Holgate V. Hawortli, 359, 879. Holland's case, 19, 20, 30, 629, 677, 678. V. Baker, 843, 844, 851. V. Hughes, 351, 353, 355, 792. Holliday v. Overton, 141. HoUingsworth v. Shakeshaft, 359. Hollis's case (Lord,) 729. Holloway's case, 28, 287. llolloway V. Headington, 94, 99. V. Radcliffe, 819. Holmes v. Bell, 849. V. Coghill, 97. V. Dring, 337, 338. V. Moore, 338. Holt, exparte, 772. V. Holt,'2l7, 222. Homan y. Hague, 857. Honner v. Morton, 627. Honnor's Trust, 504. Honor v. Honor, 148. Hood V. Clapham, 810. V. Hall, 836. Hooke V. Kinnear, 844. Hooper v. Eyles, 204. V. Goodwin, 183. V. Smith, 477, 480. Hope V. Corporation of Gloucester, 742. V. Liddell, 263, 451, 765, 775. Hopkins V. Hopkins, 8, 104, 144, 156, 181, 247, 619. V. Myall, 596. Hopkinson v. Roe, 557. Horde v. Earl of Suffolk, 542. Hore V. Beecher, 631. Horn V. Horn, 435, 436, 648. Home V. Barton, 156, 1G5, 166, 167. Horner v. Wheelwright, 590. Horrocks v. Ledsam, 848, 872. Horsfall, in re, 264. Horsley v. Chaloner, 332. V. Fawcett, 851. Ilorwood, exparte, 277, 278. V. West, 168, 171. Hoskins v. Kicholls, 857. Houell V. Barnes, 530. Hough's will, in re, 250. Hougham v. Sandys, 681. Houghton, ex parte, 199, 200, 203. V. Koenig, 274. House V. Way, 808. Hovenden v. Lord Annesley, 30, 719, 730, 732, 734, 735, 739. Hovey V. Blakeman, 124, 312, 314, 315. How V. Godfrey, 545, 546, 557. V. Kennett, 474. V. Whitfield, 529. Howard's Estate, in re, 884. V. Digby, 643, 644. V. Ducane, 462. V. Hooker, 631. Howard v. Jemmet, 274, 758. V. Papera, 870, 871. V. Rhodes, 583. Howe V. Earl of Dartmouth, 330, 342, 351, 353, 355, 768, 808, 809. V. Howe, 199, 202. Howel V. Howel, 148, 149. Howell V. Howell, 752. Howse V. Chapman, 183. Hoy V. Master, 170, 172. Huddlestoue v. Whelpdale, 402. Hudson V. Hudson, 300, 316. Huet V. Fletcher, 739. Hughes, ex parte, 462, 464, 465, 466, 468, 469, 473. V. Evans, 180. V. Kelly, 746. V. Key, 851, 857. T. Lumley, 672. V. Stubbs, 83, 100. V.Wells, 640, 775. V.Wynne, 484, 491. Hughson V. Cookson, 850. Hulkes V. Barrow, 384. V. D.a}', 670. Hulme V. Iluime, 574. V. Tenant, 123, 632, 634, 641. Humberstone v. Chase, 32, 845. Humble v. Bill, 435, 454, 455, 459. Hume V. Edwards, 797. Humphreston's case, 36, 37. Humphry's estate, in re, 895. Humphrey v. ]\lorse, 873. Humpherey v. Richards, 642. Humphreys v. HoUis, 844. Hungate v. Hungate, 200. Hungerford v. Earle, 476. Hunt V. Baker, 131. V. Bateraan, 747. V. Coles, 665. Huntingdon (Earl of) v. The Countess, 721. Hunton v. Davies, 739. Hurly, ex parte, 422. Husband v. Pollard, 94. Huskisson v. Bridge, 171. Hussey v. Grills, 615, 617. v. Markham, 233. Hutcheon v. Mannington, 816. Hutchcson v. Hammond, 182, 195, 196, 513, 517. Hutchins v. Lee, 61, 177, 178. Hutchinson v. Hutchinson, 526, 704. V. Massareene, 428. V. Morritt, 318. V. Stephens, 838, 888. Townsend, 850. V. Sandj's, 605. Simpson, 754. Hylton V. Hylton, 777. Hyne v. Redington, 341, 342. Hynshaw v. Morpeth Corporation, 198. Tbbetson v. Ibbetson, 161. TABLE OF CASES. Ixi Inchiquin v. French, 77. Incledon v. Northcote, 629, 631. IncorporatedSoc'y V.Richards, 749, 786. Inge, ex parte, 494, 495. Inglefield v. Coghlan, 122. Ingliss V. Grant, 474, 479. Ingram, in re, 381. Inkersole, ex parte, 715. Inwood V. Twyne, 513, 823, 829. Irwin V. Rogers, 878. Isaac V. Defriez, 706. Isaacs V. Weatherstone, 869. Isald V. Fitzgerald, 224. Ithell V. Beane, 435. Jackson's case, 725. Jackson v. Garnett, 476. V. Haworth, 633. V. Hobhouse, 123. V. Hurlock, 190, 194. V. Jackson, 202, 351. V. Kelly, 197. V. Milfield, 839. V.Welsh, 218, 224. V. Woolley, 524. Jacob V. Lucas, 301, 326, 768. V. Shepperd, 480. Jacobs V. Amyatt, 122. Jacomb v. Harwood, 316. James, ex parte, AQO, 461, 462, 464, 465, 466, 467, 468, 469, 470, 560. V. Dean, 218, 219, 220, 222, 224. V. Frearson, 237, 241, 243, 244. Janaway, in re, 832. Jarman v. Wooloton, 277. Jebb V. Abbott, 435. Jeffereys v. Small, 202. Jefferies v. Harrison, 873. Jeiferys v. Jeiferys, 94, 99. Jenkins v. Hiles, 441. V. Jenkins, 250. v. Milford, 588, 591. V. Perry, 489, 490. Jenkyn v. Vaughan, 93. Jenner v. Tracy, 734. Jennings v. Selleck, 177, 216. Jerdon v. Foster, 832. Jervoise, in re, 377. V. The Duke of Northumberland, 141, 142, 144, 145, 154, 158. Jesse V. Bennett, 854. Jessopp V. Watson, 183, 184. Jesus College v. Bloome, 753. Jevon v. Bush, 20, 521. Jewson v. Moulson, 629. Johnes v. Lockhart, 122. Johnson, ex parte, 343, 835. V. Arnold, 806, 807. V. Ball, 68. V. Freeth, 128. V. Holdsworth, 52, 672. V. Johnson, 184, 808. V. Kennett, 434, 435, 436, 437, 439, 444. January, 1858. — 5 Johnson v. Legard, 93. V. Smith, 731. V. Telford, 558. Johnston v. Lloyd, 351. V. Newton, 336. V. Rowlands, 172. Johnstone v. Baber, 419. V. Lumb, 642. Joliffe, exparte, 372. JoUand ( v.) 319. Jolly v. Norton, 486. Jones, in re, 834, 883. V. Ashurst, 29. V. Croucher, 93. V. Del Rio, 852. V. Foxall, 357, 362, 364. V. Gibbons, 631. V. Goodchild, 324. V. Habbs, 77. V. Harris, 639, 641. V. How, 853. V. James, 854. V. Jones, 387, 388, 391, 399, 403, 607, 845. V. Kearney, 218, 223, 775. V. Langton, 147. V. Lewis, 296, 332, 345, 595, 875. V. Maggs, 118, 119. V. Matthie, 423. V. Mitchell, 182, 183, 195, 196, 197. V. Morgan, 142, 256. V. Morley, 95. V. Powell, 524. V. Powles, 725. V. Price, 435, 528. V. Reasbie, 680. V. Salter, 124, 130. V. Lord Say and Seal, 247, 248, 254. V. Scott, 484, 485. V. Torin, 700. V. Turberville, 139, 277, 736. v. Williams, 667. Joseph's Will, in re, 377. Josling V. Karr, 849. Josselyn v. Josselyn, 597. Jov V. Campbell, 139, 277, 293, 305, 311, 313, 725, 758, 773. Joyce V. Joyce, 713. Juxon V. Brian, 428. Kempf V. Jones, 858. Kator V. Pembroke, 725. Kaye v. Powel, 585. Keane v. Robarts, 226, 292, 428, 454, 455,456, 458, 459, 561. Kearnan v. Fitzsimon, 238. Kearsley v. Woodcock, 135. Keating v. Keating, 416. Keble v. Thompson, 337, 771, 773. Keech v. Sandford, 220, 223, 224. Keeling v. Child, 723. Kekewich v. Manning, 88, 91, 94. V. Marker, 538. LEWIN ON THE LAW OP TRUSTS, ETC. Isii Kellaway v. Johnson, 353, 766, TTo. 853. Kellettv. Kellett, 181. Kemp V. Kemp, 10. Kempton v. Packman, 218, 222. Kendall v. Granger, 182. V. Micfield, 17. Kenge v. Delavall, 640. Kennedy v. Daly, 174, 280, 325, 721, 725, 726. V. Turnley, 544, 582. Kennell v. Abbott, 193, 197. Kenney t. Browne, 467. Kenrick v. Lord Beauclerk, 247, 248. Kensey v. Langham, 269. Kensington Hastings' case, 198. V. Dollond, 121, 122, 123. Kent, in re, 835. V. Jackson, 737, 775. Kentish v. Newman, 153. Keogh V. Cathcart, 633. Keon V. Magawly, 844. Kettle V. Hammond, 477. Kettleby v. Atwood, 798. Kidnev v. Koussmaker, 196, 471,488, 738' 752. Kilbee v. Sneyd, 290, 292, 294, 314, 316, 336, 461, 463, 465, 777. Kildare (Earl of) v. Eustace, 10, 30, 678. Killett V. Killett, 179. Killick, ex parte, 121. V. Flexney, 217, 220, 460, 465. Kilpin V. Kilpin, 56, 61. Kilvington v. Gray, 813. Kincaid, in re, 370. Kinder v. Miller, 204, 206. Kinderley v. Jervis, 285. King V. AylofiF, 28, 287. , exparte, 771, 773. T. Ballett, 689. V. Boston, 205. V. Archbishop of Canterbury, 543. V. Denison, 39, 179, 180. 18'l. V. Leach, 836, 837, 839. V. Marissal, 649. V. Mildmav, 260. V. Mullins", 374. V. Turner, 834. King's Mortgage, in re, 264. King (The) v. St. Catharine's Hall, 495. V. Coggan, 324. V. Daccombe, 675, 677. V. De la Motte, 649, 650, 674. (The) V. Egginton, 758. V. Holland, 11, 12, 43, 132. V. Jenkins, 19. V. Lambe, 673. V. Portington, 62, 71. V. Smith, 673. V. Trussel, 136. V. Wilson, 324. V. Winstanley, 424. Kingdome v. Bridges, 210, 216. Kingsman t. Kingsman, 70, 74. Kingston v. Lorton, 168, 731. (Earl of) V. Lady Pierepoint, 311. Kirbv V. Mash, 718, 875. Kiricke v. Bransbey, 179. Kirk V. Clark, 844, 848. V. Paulin, 122. V. Webb, 204, 206. Kirkbv v. Dillon, 648, 650. Kirkm'an t. Miles, 800, 823. Kirkpatrick's Trust, 348. Kirwan v. Daniel, 476, 482, 483. Kitchen v. Calvert, 136. Knatchbull t. Fearnhead, 375, 765, 768. Knight V. Boughton, 169. v. Knight, 130, 168, 169, 170, 171, 172, "l73, 631. v. Majoribanks, 460, 465. V. Martin, 367. V. Pechej-, 204. V. Earl of Plymouth, 343, 351. V. Selby. 141. Knights V. Atkyns, 797. Knott V. Cotte, 102, 172, 364, 877. Knowles v. Spence, 731. Knox V. Kelly, 746. Knye t. Moore, 846, 848. Lacev, exparte, 318, 460, 461,462,463, 464, 465, 466, 468, 469, 473. Lachton v. Adams, 372. Lacon v. Lacon, 734. Lad V. London City, 198. Ladbroke, exparte, 422. Ladbrook v. Bleaden, 234. Lade v. Halford, 590. V. Lade, 200. Laffan. in ie, 714. Lake v. Craddock, 202. V. De Lambert, 34, 711. V. Gibson, 201, 202. Lamas v. Bavly, 205. Lamplugh v' Lamplugh, 39, 207, 209, 210, 212, 215. Lanauze v. Malone, 357. Lancashire v. Lancashire, 530, 581. Lancy v. Fairechild, 798. Landen v. Green. 873. Lander v. Weston, 349, 357, 451. Lane v. Debenham, 301, 419, 530, 536, 538. T. Dighton, 204, 206, 756, 759, 762, 763. V. Wroth, 291. Langford v. Auger, 263. V. Gascoyne, 290, 293, 311, 774. V. Mahony, 561. Langham v. Sandford, 59, 69, 182. Langhoru v. Langhorn, 895. Langley v. Fisher, 325, 721. V.' Hawk, 870. V. Sneyd, 680. Langstafte v. Fenwick, 546. Langston v. Ollivant, 339. TABLE OF CASES. Ixiii Langton v. Astrey, 724, 726, V. Horton, 279. V. Tracy, 482. Landsdowne v. Landsdowne, 753. L'Apostre v. Le Plaistrier, 274, 275, 278. La Terriere v. Bulmer, 814. La Touche v. Dunsany, 845. Lavender v. Stanton, 432. Law, in re, 568, 837, 839. V. Bagwell, 748. V. Skinner, 476, 477. Lawes v. Bennett, 808. Lawless v. Shaw, 173. Lawrence v. Beverley, 796. V. Bowie, 767. V. Maggs, 222, 385, 386, 39C. Lea V. Grunby, 643. Leach v. Dean, 93. V. Leach, 168. Leahy v. Dancer, 660, 661. Lear v. Leggett, 135. Lechmere v. Earl of Carlisle, 719. 792, 793, 798,801, 807, 825. V. Lavie, 168, 169, 171. V. Lechmere, 797, 798, 799. 802, 805. Ledwich, in re, 710. Lee V. Alston, 753. V. Brown, 513, 517, 519. V. Delane, 368. V. Howlett, 608. V. Lee, 361. V. Prieaux, 122. V. Young, 538, 542, 543, 712. Leech v. Leech, 97. Leeds (Duke of) v. Amherst, 737, 743. V. Munday, 263. Lees V. Sanderson, 314. Lefroy V. Flood, 172, 173. Legard v. Hodges, 174. Legate v. Sewell, 154, 603. Legg V. Goldwire, 148. Leigh V. Barry, 302, 305, 310, 476. Leister v. Foxcroft, 70. Leith V. Irvine, 547, 556. Lemaitre v. Bannister, 169, 170. Leman v. Whitley, 178. Lenaghan v. Smith, 850. Lench V. Lench, 204, 205, 206, 756, 762, 774. Le Neve v. Norris, Lennard v. Curzon, 845. Leonard v. Baker, 474, 475. V. Lord Sussex, 154. Lesley's case, 225. Leslie V. Baillie, 367. V. Birnie, 498. V. Duke of Devonshire, 182, 188, 189. V. Guthrie, 276. Lethieullier v. Tracy, 251, 255, 678. Lever v. Andrews, 200. Levet V. Needhain. 177. 179. Levett's Trust, in re, 378. Lewellin v. Cobbold, 865. V. Mackworth, 719, 729. Lewes v. Lewes, 135. , in re, 883. Lewin v. Okeley, 489. Lewis, ez parte, 423. (Otto,) ex parte, 833. V. Hillman, 378. V. Lane, 46, 616. V. Lewis, 56. v. Madocks, 174, 759, 762, 763. V. Lord Zouche, 651. Litchfield v. Baker, 810. Liley v. Hay, 169, 698. Lillia V. Airey, 633. Limbrey v. Gurr, 132. Limbroso v. Francia, 395. Linch V. Gappy, 360. Lincoln Primitive Methodist Chapel, in re, 718. (Countess of) v. Duke of New- castle, 146, 152, 159, 161, 163. V. Allen, 359. V. Windsor, 320, 550. V. Wright, 306, 316, 768, 771, 775. Lindon v. Sharp, 477. Lindow v. Fleetwood, 164, 166. Lindsell v. Thacker, 121, 264. Lingard v. Bromley, 768, 846. Lingen v. Sowray, 796, 818, 824. Linton v. Bartlett, 480. Lismore (Lord,) in re, 795. Lister's Hospital, in re, 378, 785. Lister v. Lister, 461, 462, 468, 471, 738. Little, ex parte, 427, 591. Littlehales v. Gascoyne, 359, 875. Livesey v. Harding, 538, 542. V. Livesey, 373. Lloyd v. Baldwin, 435, 436. V. Loaring, 851. V. Smith, 853. V. Spillet, 15, 57, 61, 177, 178, 179, 180, 181, 229, 878. V. Wentworth, 180. V. Williams, 369, 488, 489. Lloyde v. Gregory, 36, 37. Loader v. Clarke, 776. Lock V. Lock, 384, 395, 402. Locke V. Lomas, 434, 523. Lockey v. Lockey, 730, 754, 755. Lockwood V. Abdy, 226, 561. Lockyer V. Savage, 135. Locton V. Locton, 173. Loddington v. Kime, 484. Lodge V. Lyseley, 650, 655, 656. Lofts, ex parte, 479. Lomax v. Ripley, 71, 73. London Bridge Act, in re, 427. London, Brighton, &c.. Railway Com- pany, in re, 718, 785. London Gas Light Company v. Spottis- woode, 768, 849, 854. London (City of) v. Garway, 182, 183. Ixiv LEWIN ON THE LAW OF TRUSTS, ETC. London v. Richmond, 851. Long.v. Yonge, 852. Longdon v. Simson, 114. Longmore v. Broom, 359, 703. Longuet v. Hockley, 273. Lonsdale (Earl of) v. Beckett, 577. Lord V. Bunn, 135, 450, 712. V. Godfrey, 354, 811. Lorimer, in re, 380, 381. Louch, ez parte, 478, 479. Love V. Bade, 751, 786. Love V. Gaze, 59. Lovegrove, exparte, 557. V. Cooper, 688. Loveridge v. Cooper, 605, 607. Lovett's Exhibition, inre, 713. Low, exparte, 479. V. Carter, 765. Lowe V. Morgan, 842. Lowes V. Hackward, 196. Lowry v. Fulton, 232, 235, 241, 242, 243, 289. Lowson V. Copeland, 328, 365, 878. Lowther v. Carlton, 726. Loyd V. Griffith, 427. V. Read, 200, 211, 212, 214, 216. Lucas, exparte, 380. Luckin v. Rushworth, 217, 224. Ludlow, ex parte, 828. (Corporation of) v. Greenhouse, 723, 777, 779, 780, 781, 782, 783. Lumb V. Milnes, 122. Lunn's Charity, in re, 838. Lupton V. White, 337. Lushington, ex parte, 505. Lush's Estate, in re, 885. Lydiatt v. Foach, 503, 507. Lyne, exparte, 299. V. , 122. Lyon V. Baker, 320, 550. Lyse V. Kingdon, 343, 767, 875. Lyster v. Burroughs, 174. V. Dolland, 202, 665. Maberly V. Turton, 517, 697. M'Carthy v. Daunt, 747. V. Decaix, 778. Macartney v. Blackwood, 466, 752. Macauley v. Philips, 629. M'Donald v. Bryce, 116, 118. V. Hanson, 421. M'Donel v. Hesilrige, 93. Macdonald v. Walker, 265. Macdonnell v. Harding, 333, 775. Mace V. Cadell, 278. Macey v. Shurmer, 168. Mackenzie v. Makenzie, 476, 891, 905 Mackie v. Mackie, 815. M'Key, exparte, 518. Mackinnon v. Stewart, 476, 481, 666 Mackreth v. Symmons, 725. M'Cleland V. Shaw, 183, 196. M'Gachen v. Dew, 326, 771 849 M'Hardy v. Hitchcock,' 864,' 866* Macleod v. Annesley, 345, 349. M'Leod V. Drummond, 454, 455, 456, 457, 458, 459. Macnab v. Whitbread, 168, 170. Macnamara v. Jones, 556. Macpherson v. Macpherson, 814. Maddison v. Andrew, 543. Madoc V. Jackson, 700. Madox V. Jackson, 848. Madge v. Riley, 839. Magawley's Trust, in re, 93. Maggeridge v. Grey, 710. Maguire v. Scully, 147, 149. Mahon v. Savage, 542, 699, 706. (Lord) v. Earl Stanhope, 418. Maire, exparte, 835. Maitland v. Bateman, 329. Major V. Lansley, 645, 694. Malcolm v. O'Callaghan, 557. Malim v. Barker, 168. V. Keighley, 168, 169, 171. Mallabar v. Mal'labar, 181, 196, 197. Malone v. Geraghty, 718, 848. V. O'Conner, 168, 170. Malzy V. Edge, 240, 244. Manchester (Mayor of) v. Manchester (Overseers of,) 272, Manchester New College, inre, 781, 782, 783. Mangles v. Dixon, 729. Manifold, inre, 837. Manners v. Furze, 869. Manning v. Thesiger, 849, 851. Manning's Trust, 895. Mansell v. Mansell, 405, 406, 724, 725, 764. V. Vanghan, 299, 528, 536. Mansfield (Earl of) v. Ogle, 749. V. Shaw, 870. Mant V. Leith, 345. Maplett V. Pocock, 873. Mapp V. Elcock, 179. Mara v. Manning, 640, 777. March v. Russell, 765, 777. Margetts v. Barringer, 122. Marker v. Marker, 778. Markwell's Legacy, in re, 378, 785. Marlborough (Duke of) v. Lord Godol- phin, 701, 703. V. St. John, 514. Marlow v. Pitfield, 37, 485. V. Smith, 262, 279. Marriot v. Marriot, 70. Marriott v. Kinnersley, 306, 764. V. Turner, 183. Marryat v. Marryat, 865. V. Townley, 144, 149, 152, 153, 156, 164. V. The Bank, 33. Marsh ( v.) 823. , ex parte, 277. V. Hunter, 341, 356. Marshall, ex parte, 263, 715. V. Blew, 594. TABLE OF CASES. Isv Marshall v. Bousfield, 153, 154. Y. Bremner, 810. V. Holloway, 111, 191, 549, 554. V. Sladden, 418. Martin, ex parte, 277. V. Hooper, 487. V. Margham, 136. V. Martin, 51, 53, 153, 318. V. Persse, 235, 874. V. Sedgwick, 613. Marwood v. Turner, 604. Mary England, m re, 517. Masham v. Harding, 489. Mason v. Bogg, 485. V. Day, 831. V. Limbury, 167. V. Mason, Massam v. Harding, 690. Masselin's Will, in re, 378. Massey, ex parte, 277. v. Banner, 296, 332, 333. T. Parker, 121, 122, 124, Master v. De Croismar, 43, 153. T. Fuller, 635. Mather v. Norton, 439. V. Priestman, 422. V. Thomas, 265. Mathison v. Clarke, 319, 320, 546. Matson y. Swift, 807. Matthew y. Hanbury, 138. Matthews y. Bagshaw, 547. Matthew y. Brise, 333, 342, 352, 753. Y. Gabb, 613, 614. Matthie y. Edwards, 414, 423. Maugham y. Mason, 183, 195, 196. Maundrell y. Maundrell, 191. MaYor Y. Davenport, 238. Maxwell y. Ashe, 223. Y. Wettenhall, 489, 490. May Y. Selby, 851. V. Taylor, 249, 269. Maynard's Settlement, in re, 890. Maynwaring y. Maynwaring, 822, 823. Mead y. Lord Orrery, 454, 455, 456, 459, 460, 725. Meader v. M'Cready, 362. Meaghan, in re, 136. Medley v. Horton, 130. Y. Martin, 279. Medlicott y. O'Donel, 732, 734. Meek y. Kettlewell, 81, 83, 84, 88, 91, 92, 93, 94. Meggison y. Moore, 168, 172. Meggott Y. Meggott, 755. Megod's case, 8, 20. Mehrtens y. Andrews, 353, ^43. Meinertzhagen y. Davis, 40, 576, 577. Melland y. Gray, 363. Melling v. Leak, 586, 590, 748. Mennard y. Welford, 574. McHardy y. Hitchcock, 864, 866. Meredith y. Heneage, 167, 168, 169, 170, 171, 172. Merest y. James. 16. Merry, ex parte, 836. Mertins Y. Jolliffe, 726. Mestaer y. Gillespie, 277. Metcalf Y. Scholey, 665. Metham y. Devon, 67, 77. Meure v. Meure, 153, 156. Meux V. Bell, 608, 610, 611, 612. Y. Howell, 474, 475. V. Maltby, 851. Meyer v. Simonsen, 816. Y. Montriou, 867. Meyrick's Trust, in re, 888. McFadden v. Jenkyns, 61, 91. Middleton v. Dodswell, 522, 870, 871. v. Losh, 120. Y. Reay, 544, 582. V. Spicer, 42, 198, 318, 324. Milbank v. Collier, 851. Miles Y. Duruford, 138, 454, 456. Millfield, in re, 834, 837, 839. Millard's case, 725. Y. Eyre, 711. Miller's case, 19. v. Huddlestone, 853. v. Knight, 839. V. Priddon, 578, 581. Y. Race, 274, 275, 757, 758. Milles v. Milles, 387, 392. Milligan v. Mitchell, 497, 723. Mills Y. Mills, 341, 353,811. v. Osborne, 338. Milnes v. Cowley, 763. Milsington v. Mulgrave, 386. Milsintown v. Earl of Portmore, 387. Miltown v. Trimbleston, 901. Minchin v. Nance, 174. Mitchell Y. Nixon, 572. Mitchelson v. Piper, 524. Mitford, ex parte, 771. Y. Mitford, 276, 629, 631. Mogg Y. Baker, 475. V. Hodges, 183, 189. Moggridge v. Thackwell, 693. Mohun Y. Mohun, 872, 874. Molony, in re, 838. Y. "Kennedy, 642. Y. L'Estrange, 472. Molton v. Camroux, 27. Money, in re, 378. Montefiore, in re, 772. Montford (Lord) v. Lord Cadogan, 238, 241, 385, 387, 392, 402, 766, 768, 769, 770, 774. Montgomerie v. Bath (Marquis of) 842. Montgomery v. Johnson, 235, 243. Montmorency v. Devereux, 472. Monypenny v. Bristow, 751, 753, 754, 756. Moody, ex parte, 772. Y. in re, 834. v. Matthews, 223. V. Walter, 405, 408, 409, 910. Moon v. Blake, 847. Moons v. De Bernales, 361, 766, 771, 772. Ixvi LEWIN ON THE LAW OF TRUSTS, ETC. Moor V. Black, Too. Moorcroft v. Dowding, 63, 290. Moore, ex parte, 277. V. Cleghorn, 141. V. Frowd, 320, 549, 553, 874. V. Hussey, 34. V. Moore, 130, 643. V. Scarborough (Earl of), 643. V. Vinten, 837, 847. Morden College case, 502. Morgan, ex parte, 263, 465, 737. Morgan v. Horseman, 480. V. Morgan, 116, 119, 623, 624, 753. V. Sherrard, 686. Moriarty v. Martin, 167. Morice v. Bishop of Durham, 169, 181. Morison v. Morison, 319, 553. Morley's Trust, in re, 263, 264. Morley v. Bird, 201. V. Lord Hawke, 774. V. Morley, 332. Mornington, ex parte, 894. Morony v. Vincent, 873. Morret v. Paske, 318. Morrice v. Bank of England, 689. Morrill v. Lawson, 847, 849. Morris v. Preston, 573. V. Lavie, 771. Morse v. Faulkner, 52. V. Langham, 484. V. Eoyal, 461. 463, 464, 470, 471, 472, 473, 734. Mortimer v. Davies, 200. V. Ireland, 266. v. Watts, 386, 543. Mortlock V. Buller, 415, 418. Morton v. Tewart, 63, 64. Moseley v. Moseley, 696, 707. Moses V. Levi, 314, 315. Mosley v. Ward, 357, 361, 875, 878, 879. Mott V. Buxton, 247, 269, Mount, in re, 835. Mousley v. Carr, 362, 363, 876. Moyle V. Moyle, 232, 317, 336, 351. Moyse v. Gyles, 201. M'Queen v. Farquhar, 726. Muckleston v. Brown, 67, 68, 71, 72, 73, 138, 178, 182, 773. Mucklow V. Fuller, 240, 318. Mulcahy v. Kennedy, 734. Mulvany v. Dillon, 217, 220, 224, 461, 465. Mumma v. Mumma, 39, 209, 212. Munch V. Cockerell, 293, 362, 766, 778, 845, 848. Mnndy v. Mundy, 755. Murless v. Franklin, 200, 207, 209, 214, 215. Murphy, in re, 136. Murray v. Barlee, 634, 635, 636, 641. V. Palmer, 472. V. Pinkett, 756. Murrell v. Cox, 310, 315. Myler v. Fitzpatrick, 226, 561, 562. Nab V. Nab, 61, 63, 64, 71. Nail V. Punter, 774. Nairn v. Majoribanks, 514. Nantes v. Corrock, 629, 641, 642. Napier v. Napier, 369. Nash V. Coates, 253, 254. v. Dillon, 873. V. Preston, 9, 260. v. Smith, 179. Naylor v. Arnitt, 522. V. Winch, 460, 465. Neale v. Davies, 325. Neate v. Duke of Marlborough, 650, 652, 658, 662, 663. Needham, in re, 233, 237. Needler's case, 774. V. Bishop of Winchester, 34. Neeves v. Burrage, 524. Nelson v. Bridport, 54, 55. Nesbitt V. Tredennick, 217, 218, 222. Nettleton v. Stephenson, 118. Nevarre v. Button, 729. Nevil V. Saunders, 247. New V. Jones, 320, 546, 549, 550, 557. Newburgh v. Bickerstaffe, 753, 755. V. Newburgh, 71, 75. Newcastle (Duke of) v. Countess of Lin- coln, 146, 150. Newcomen v. Hassard, 639, 645, 646. Newlands v. Paynter, 44, 121, 125, 131. Newman v. Jones, 774. v. Warner, 533, 712. Newport's case, 828. Newton v. Askew, 92, 94, 599. V. Bennet, 359, 360, 488, 489, 876, 877. V. Chantler, 477, 480. v. Earl of Egmont, 852. v. Pelham, 74. V. Preston, 204. Charity, in re, 782. Nicholls, in re, 713. v. Crisp, 183. Nicholson v. Falkiner, 857, 858. V. Tutin, 483. Nickolson v. Knowles, 226. Nicloson V. Wordsworth, 233, 236, 237. Niel V. Morley, 27. Nightingale's Charity, 718. V. Earl Ferrers, 37. V. Lawson, 383, 384, 396. Noad V. Backhouse, 870. Noble V. Fry, 626. V. Meymott, 233, 567, 572, 851. Noel V. Lord Henley, 190, 813. V. Jevon, 11, 260, 279. Nokes V. Seppings, 867. Norbury v. Calbeck, 878. v. Norbury, 343. NorclifiF V. Worsley, 603. Norden v. James, 479, 497. Norfolk's case (Duke of), 104, 131, 132, 681, 751. Norfolk (Duke of) v. Browne, 177. TABLE OF CASES. Ixvii Norris v. Le Neve, 224, 225. V. Norris, 349, 873, 874. V. Wright, 340, 345,350, 356, 357, 853, 858. North V. Champernoon, G02, 603. V. Crorapton, 181. V. Williams, 602, 603, 604. Norton v. Frecker, 754. V. Pritchard, 580. V. Turvill, 37, 633, 642, 729. Norway v. Norway, 234, 874. Nowlan v. Nelligan, 168. Nugent V. GiflFord, 454, 455, 456, 457, 459. Nunn V. Wilsmore, 474, 475, 477, 487. Nurton v. Nurton, 454, 455. Oakes v. Strachey, 808, 811. Oakley v. Young, 252, Gates V. Cooke, 250. O'Brien v. O'Brien, 356, 357. O'Callaghan v. Cooper, 876. O'Connor v. Spaight, 753. Odell, in re, 568. O'Dowda V. O'Dowda, 659. O'Fallon v. Dillon, 658, 659. O'Ferrall v. O'Ferrall, 384. Oglander v. Oglander, 713. Ogle V. Cook, 183. O'Gorman v. Comyn, 658, 659, 660. O'Hara v. O'Neil, 63. O'Herlihy v. Hedges, 318. Oke V. Heath, 195, 197. O'Keefe v. Calthorpe, 712. O'Kelly V. Glenny, 734, 739. Oldham v. Hughes, 798, 816, 817. V. Litchford, 71. Oliver v. Court, 317, 415, 421, 424, 467, 470, 471. Omerod v. Hardman, 428. Ommaney, ex parte, 835, 901. O'Neill V. Lucas, 118. Onslow's (Speaker) case, 820. Onslow V. Lord Londesborough, 425. V. Wallis, 322, 323, 596. O'Reilly v. Alderson, 574, 710. Ord V. Noel, 414, 415, 422, 423, 424. V. White, 729. Orgill, ex parte, 715. Ormonde (Marquis of) v. Kynersley, 225. Ormsby, in re, 545, 546, 557. Orr V. Newton, 241, 330. Orrett v. Corser, 773. Orrok v. Binney, 458. Osborne ( v.) 373, 583. V. Fallows, 842. V. Foreman, 853. Osmond v. Fitzroy, 777. Oswald V. Thompson, 478. Ottley V. Browne, 139, 773. V. Gilby, 599, 873. Otway V. Hudson, 795. V. Wing, 633. Ousley V. Anstruther, 356. Overton v. Bannister, 39, 373. Owen V. Aprice, 755. V. Body, 476. V. Foulkes, 461. V. Williams, 217, 218, 220, 224. Owens V. Dickenson, 635, 638, 642. Oxenden v. Lord Compton, 798, 825, 826, 827, 828, 829, 830. Oxford (University of) v. Richardson, 753. Oxley, ex parte, 135. Packer v. Wyndham, 629, 631. Padbury v. Clark, 816, 823. Paddington Charities, in re, 106. Page, ex parte, 716. V. Adam, 435, 437, 440, 444. V. Broom, 425. V. Cooper, 416, 417. V. Leapingwell, 182, 183, 195. V. Way, 134. Paine v. Meller, 174, 175. Painter, ex parte, 715, 716. Palmer, ex parte, 715. V. Carlisle, (' '^-d'* V. Jones, 766. V. Mitchell, V. Simmonds, 168, 171. V. Young, 218. Palmes v. Danby, 830. Pannell v. Hurley, 226, 227, 459, 562. Panton v. Panton, 337. Papillon V. Voice, 144, 154, 562. Parke's Charity, 503, 781, 782. Parker v. Bloxam, 319. V. Brooke, 121, 643, 694, 727, 728. V. Carter, 586, 617, 622, 623. Parkes v. White, 120, 123, 124, 406, 460, 462, 470, 640, 643, 774. Parkinson's Trust, in re, 169. Parnham v. Hurst, 276. Parr v. Attorney-General, 31. Parrot v. Treby, 877. Parrott v. Palmer, 753. Parry's Trust, in re, 381. Parry, in re, 377. V.Warrington, 813. Parsons v. Baker, 168. V. Potter, 235. Partridge v. Pawlet, 201. Passingham v. Selby, 489. - — V. Sherborne, 505, 579. Pattinson, in re, 883, 906. Pattison v. Hawkesworth, 735. Paul V. Birch, 274. V. Compton, 167, 168, 172. Pawlett, ex parte, 348. V. Attorney-General, 11, 30, 103. 260, 279, 280, 284, 285, 677, 725. Payne, ex parte, 168, 169, 836. V. Barker, 595. V. Compton, 725. Peacham v. Daw, 867. Peachy v. Duke of Somerset, 283. Ixviii LEWIN ON THE LAW OF TRUSTS, ETC. Peacock v. Monk, 633, 643, 645. Peake v. Ledger, 851. V. Penlington, 164. Pearce v. Gardner, 416, 527. V. Newlyn, 725. V. Slocombe, 489, 490. Pearse v. Baron, 165. V. Green, 599. Pearson v. Belchier, 739. V. The Bank of England, 33. V. Lane, 598, 821. V. Pulley, 731, 734. Peart, ex parte, 381. Pease, ex parte, 278. Peat V. Crane, 351. Peatfield v. Benn, 582. Pechel V. Fowler, 415, 422, 723. Peers v. Ceeley, 366, 558. Pelly T. Maddin, 200. Penfold V. Bouch, 181, 595, 875. Penn v. Lord Baltimore, 10, 30, 31, 47, 50. Penne v. Peacock, 526. Pennell v. Deffell, 333, 760. V. Home, 742. Pennefather, in re, 713. Penny v. Pretor, 835. V. Turner, 703, 704. Pentland v. Stokes, 720. Pepper v. Tuckey, 712, 838. Peppercorn v. Wayman, 237. Perkins v. Baynton, 359, 361. V. Bradley, 28. Perrott v. Perrott, 408. Perry (in the goods of) 234. V. Knott, 10, 16, 17, 768, 845, 846, 850, 853, 854. V. Phelips, 762. Persse v. Persse, 94. Petit V. Smith, 20. Petre v. Bruin, 488. V. Petre, 745, 746. Pettiward v. Prescott, 752. Petty V. Styward, 201. Peyton v. Bury, 299, 536. V. M'Dermott, 835. Phayre v. Peree, 725. Phelps, ex parte, 711. Phene v. Gillan, 563. Philips V. Brydges,10, 16, 17, 600, 604, 615, 792. V. Bury, 492. V. Everard, 425. V. Philips, 373. Phillipott's Charity, 781. Phillippo V. Munnings, 243, 356, 729, 763, 867. Phillips's Charity, in re, 781. V.Buckingham, (Duke of) 850. exparte, 825, 826, 827, 829, 830. V. Brydges, 142. V. Eastwood, 516. v. Garth, 701, 7o7. V. Phillips, 181, 183. 197. Pbillipson v. Gatty, 345, 356, 357, 737, 849. Phillpotts V. Phillpotts, 138. Philpot, ex parte, 479. Phipps V. Lord Ennismore, 136. V. Kelynge, 111. Pickering V. Pickering, 353, 354, 811, 812 v. Lord Stamford, 734, 737, 739. V. Vowles, 217, 218, 222, 263, 386. Pickett V. Loggon, 752. Pickstock V. Lyster, 474, 475, 476. Pickup V. Atkinson, 810. Pierce v. Scott, 429, 458. Piercy v. Roberts, 133. Pierson v. Garnet, 167, 168, 169, 170, 696. V. Shore, 217, 831. Piety V. Stace, 357, 359, 361, 875. Pike V. White, 45. Pilkington v. Bayley, 57. V. Boughey, 168, 182. Pimm V. Insall, 285. Pink V. De Thuisey, 538. Pitt V. Bonner, 767, 768. Pitt or Pit V. Hunt, 12, 631, 648. Y. Pelham, 173, 694. Pitts V. Edelph, 726. Plasket V. Lord Dillon, 648, 650, 651. Platel T. Craddock, 326. Piatt V. Sprigg, 407. Playfair v. Cooper, 748. Playters v. Abbott, 390, 397, 403. Plenty v. West, 575. Plucknett v. Kirke, 650, 684. Plunket V. Penson, 488, 684, 685, 689, 690. Plunkett, ex parte, 713. Plyers Trust, in re, 885, 896. Plymouth v. Hickman, 64. Pocock V. Reddington, 338, 343, 357, 875. Podmore v. Gunning, 77. Poland V. Glyn, 480. Pole V. Pole, 207, 210, 211, 215. Pollard, exparte, 48. v. Downes, 562. Pollexfen v. Moore, 234. Polley V. Seymour, 806, 808. Pomfret (Earl of) v. Lord Windsor, 325, 729, 735, 739. Pool Bathurst's Estate, in re, 577. Poole V. Pass, 595, 596. T. Franks, 871. Pooley Y. Ray, 740. Poor v. Mial, 193. Pope Y. Gwyn, 488. Y. Pope, 170, 171. Y. Whitcombe, 701, 704, 706, 707. Porey v. Jiixon, 8. Porter's Trust, in re, 895. V. Watts, 583. Y. Walker, 477. Portington's (Lady) case, 58. TABLE OF CASES. Ixix Portlock V. Gardner, 226, 319, 562, 730. Portsmouth (Earl of) v. Fellows, 711. Potter V. Chapman, 22, 536, 538, 543. Poulson. ex parte^ 772, 773. Poulton, in re, 834. Povey V. Juxon, 59. Powdrell v. Jones, 627. Powel V. Price, 149, 725. Powell's case, 487. Powell V. Cleaver, 353, 808. V. Evans, 328, 351. V. Hankey, 643. V. Matthews, 882, 885. V. Merrett, 325. V. Wright, 851. Powerscourt v. Powerscourt, 542. Powles v. Page, 613. Powlett (Eari) v. Herbert, 317, 875. Powys v. Blagrave, 514. V. Mansfield, 216. Prankerd v. Prankerd, 199, 214. Pratt v. Colt, 12, 650, 682. . V. Sladden, 181. Prendergast v. Eyre, 835, 836, 839. Prentice v. Prentice, 856. Preston v. Grand Collier Dock Compa- ny, 851. Prevost V. Clarke, 167. Price V. Berrington, 27. • V. Blakeuiore, 759, 762, 763. V. Byrn, 460, 470. V. Dewhurst, 835. V. Loaden, 562. v. Oneby, 832. V. Price, 81, 84. Prichard V. Ames, 121, 122, 694. Priddy v. Rose, 771. Pride v. Fooks, 118, 318, 344, 764, 876. Prideaux, in re, 835. Primrose v. Bromley, 238. Prince v. Heylin, 735. Pring, ex parte, 183. V. Pring, 74, 76. Prior's (Lady) Charity, in re, 505. V. Horniblow, 744. V. Penpraze, 279. Pritchard v. Langher, 330. Propert's purchase, in re, 882. Projected Railway, exparte, 352. Prosser, exparte, 835. Proudfoot V. Hume, 866, 867. Prowse V. Abingdon, 489. Prytharch v. Havard, 839. Pugh, exparte, 370. in re, 634. V. Vaughan, 589. Puleston V. Puleston, 67. Pullen V. Middleton, 46. Pulling V. Tucker, 480. Pulteney v. Darlington, 758, 792, 796, 800, 802, 803, 805, 807, 821, 823, 824, 825. V. Warren, 751, 753, 754, 755. Pulvertoft V. Pulvertoft, 81, 84, 93, 94, 98. Purdew v. Jackson, 627, 629, 630. Purefoy v. Purefoy, 484. Pushman v. Filliter, 167, 168, 169, 171. Pybus V. Smith, 123, 766. Pye, exparte, 65, 82. V. Gorge, 405, 406, 724. Pyncent v. Pyncent, 849. Pym V. Lockyer, 130. Quarrell v. Beckford, 559. The Queen v. Abrahams, 19. V. Harrogate Commissioners, 272. T. Norfolk Commissioners of Se- wers, 516. V. Pitt, 836. V. Sterry, 271. V. Trustees of Orton Vicarage, 19. Queen's College, Cambridge, m re, 495. Quick V. Staines, 278. Raby v. Ridehalgh, 340, 344, 771. Rachfield v. Careless, 59, 69, 182, 262. Rackham v. Siddall, 245, 247, 258, 263, 765. Radclifife v. Eccles, 835. Radnor (Lady) v. Rotherham, 621. Raffety v. King, 733. Ramsden v. Langley, 558. Randal v. Hearle, 168. V. Randal, 94. Randall's Will, in re, 890. V. Bookey, 181, 183. V. Erring'ton, 460, 461, 463, 469, 470, 471 737, 778. V. Russell, 225. Raphael v. Bank of England, 758. V. Boehm, 356, 359, 364, 766, 877. Rashley v. Masters, 796, 872, 873. Rastel V. Hutchinson, 205. Ratcliff V. Graves, 360. RatclifiFe v. Winch, 521. Ravenscroft v. Frisby, 745. Ravenshaw v. Hollier, 174. Rawe V. Chichester, 218, 219, 220, 222, 224. Rawleigh's case, 214. Raworth v. Parker, 486, 487. Ray, exparte, 121, 122. V. Adams, 168, 696. Raymond v. Webb, 414. Rayner v. Mowbray, 701, 707. Rea V. Williams, 201. Reach v. Kennegall, 71, 877. Read v. Prest, 856. V. Snell, 144, 149, 155. V. Truelove, 290. Reade v. Reade, 751, 755, 756. v. Sparkes, 591, 857, 858. Reading Dispensary, in re, 782. Redington v. Redington, 200, 203, 207, 211, 212, 214, 215, 216. Reece v. Trve, 325. 721. Izz LEWIN ON THE LAW OF TRUSTS, ETC. Reech v. Kennegal, 71, 8 77. Reed v. O'Brien, 89, 848. Rees, ex parte, 781. V. Keith, 631. V. Williams, 341, 356. Reeve v. Attorney-General, 30, 31, C77. V. Parkins, 723. Reeves v. Creswick, 387, 393, 400. Regina v. Shee, 272. Reid V. Thompson, 596. Remington, in re, 715. Rendlesham v. Meux, 417. Renvoize v. Cooper, 265. Retford, West (Church lauds) in re, 781. Revell V. Hussey, 175. Rex V. Blunt, 673. V. Bulkeley, 673. V. Flockwood, 301. V. Lexdale, 575. V. Tippin, 287. Reynolds, ex parte, 465, 468, 469, 711. V. Jones, 288, 756. V. Messing, 621. Rice V. Rice, 606, 729. Rich V. Cockell, 694. Richard's Trust, 897. V. Perkins, 870. Richardson, ex parte, 278. V. Bank of England, 865, 866, 867, 868. V. Chapman, 168, 543, 708. V. Hoiton, 285. V. Hulbert, 234, 847. V. Jenkins, 239, 692, 767. V. Larpent, 852. V. Moore, 392. Riddle v. Emerson, 61. Rider v. Kidder, 33, 199, 200, 205, 207. 216. v. Rider, 207, 649. Ridgeway, ex parte, 343. Ridgway v. Woodhouse, 193. Ridout V. Lewis, 643. Rigby, ex parte, 297. Rigden v. Vallier, 152, 201, 202. Eiggs V. Sikes, 202, 833. Right V. Smith, 248. Ripley v. Waterworth, 33, 189. Rippon V. Norton, 134. Rivet's case, 272. Robarts ( v.) 544, 583. Roberdeau v. Rous, 47, 48, 753. Roberts v. Dixwell, 142, 144, 155, 157, 251, 623, 681. V. Kingsley, 148. V. Lloyd, 87, 605. V. Spicer, 122, 694. V. Tunstall, 470, 471, 473, 742. Robertson v. Skelton, 174. Robinson v. Comyns or Cumin"-. 247, 604. V. Grey, 246, 247, 254. V. Hedger, 657. r37, 16, Robinson v. Knight, 187, 805. V. Lowater, 435, 441, 445, 446, 447. V. Pett, 232, 318, 319, 545, 551, 553. V. Ridley, 466, 468. V. Robinson, 341, 346, 350, 355, 356, 361, 363. V. Smith, 168. V. Taylor, 179, 180, 183. V. Wheelwright, 121. V. Wood, 837. Rochard v. Fulton, 608. Rochdale Canal Co. v. King, 743. Roche, in re, 572, 573, 574, 711, 713. V. O'Brien, 471, 472, 473, 734, 737, 738, 778. V. Hart, 873. Rochford v. Fitzmaurice, 147, 148, 149, . 154, 156, 157, 164, 253. V. Hackman, 135, 873. Rocke V. Hart, 359, 361, 363. V. Rocke, 597. Rodgers v. Marshall, 97, 99. Roe V. Fludd, 195. V. Reade, 263, 591. Rogers v. Linton, 849. V. Rogers, 180, 181, 183, 184, 865. V. Skillicorne, 434, 435, 436. Rolle's Charity, in re, 718. Rolleston v. Morton, 662. Rollfe V. Budder, 121, 694. Rome V. Young, 485. Rook V. Worth, 823, 829, 830, 838. Roper V. Holland, 19. V. Radcliffe, 179. Rose, exparte, 613. V. Cunningham, 69. V. Haycock, 478. Ross's Trust, in re, 123, 124, 632. , in re, 381. V. Ross, 865. Rothwell V. Rothwell, 867. Round V. Byde, 480. Roupe V. Atkinson, 629. Routh V. Howell, 295. V. Kinder, 847. Rowe V. Almsmen of Tavistock, 506, 507, 508. v. Bant, 659. Rowel V. Walley, 395. Rowland v. Morgan, 163, 368. V. W'itherden, 306, 351, 357. Rowley v. Adams, 882, 888, 896, 903, 904. V. Unwin, 642, 778. Rowth V. Howell, 332. Roy V. Gibbon, 867, 869, Royds V. Royds, 876. Royston Free Grammar School, in re, 782, 783. Rumball v. Munt, 107. RumboU V. Rumboll, 303, 209, 210. Rumford Market case, 217. Rundle v. Rundle, 202, 207. TABLE OF CASES. Ixxi Rushworth's case, 218. Russell's case, 36, 39. , ex parte, 891, T. Clowes, 325. V. Dickson, 125. V. Jackson, Vl, 74, 169. V. M'Culloch, 657. • V. Plaice, 454. Rust V. Cooper, 47, 480. Rutherford v. Maule, 324. Ryall V. Rolle, 274, 275, 276, 650, 754, 758. V. Ryall, 63, 204, 206, 756, 762. Rycroft v. Christy, 91, 92, 122. Ryder v. Bickerton, 337, 338, 774. Ryland v. Smith, 369. Sadler v. Hobbs, 304, 305, 311, 312, 313, 314,318. V. Lee, 594. Saint John's Col.,'Cambridge, v. Tod- ington, 492. Saint John (Lord) v. Boughton, 485, 745. V. Turner, 739. Saint Wenn's Charity, in re, 781. Sale V. Kitson, 855. V. Moore, 168, 169, 170, 173. Saloway v. Strawbridge, 420, 530. Salsbury v. Baggott, 721, 726. Salt V. Chattaway, 183, 197. Salter v. Cavanagh, 181, 731, 745. iSaltoun V. Houston, 239. Salvin v. Thornton, 604. Salway v. Salway, 334, 357. Sammes v. Rickman, 873. Sampayo v. Gould, 164, 352. Sanders v. Page, 629, 631. V. Richards, 454. Sanderson v. Walker, 463, 470, 876. Sandford, in re, 835. V. Keech, 217. Sandon v. Hooper, 559. Sands v. Nugee, 533. Sandys v. Watson, 873, 878. Sanford v. Irby, 256. Saunders, ex parte, 715, 716. V. Dehew, 93, 724, 726. V. Neville, 595. T. Vautier, 597. Savage v. Carroll, 763. V. Foster, 39, 774. V. Taylor, 511. Saville v. Tancred, 226, 459. Savory v. Barber, 852. Snwley v. Gower, 684. Sawyer v. Birchmore, 375. Say v. Creed, 368. Sayers, ex parte, 276, 754, 758, 759. Scales v. Maude, 81, 88. Scammell v. Wilkinson, 261. Scarborough v. Borman, 125. (Eari of) V. Parker, 875. Scarisbrick v. Skelmersdale, 111. Scattergood v. Harrison, 319, 546. Scawen v. Scawen, 214, 215. Schroder v. Schroder, 752. Score V. Ford, 865, 869. Scott V. Becher, 867, 870. V. Davis, 124, 472, 473, 632. V. Nesbitt, 47, 471. V. Nicoll, 842. V. Scholey, 648, 665. V. Spashett, 370. V. Surman, 274, 276. V. Tyler, 453, 454, 455, 456, 458, 459. Scounden v. Ilawley, 31, 260. Scroope v. Scroope, 210. Scudamore, ex parte, 480. • V. Scudamore, 793, 797, 805. Scully V. Dc4aney, 239, 316. V. Scully, 848. Sculthorp V. Burgess, 177. Scurfield v. Howes, 305, 311, 312, 315, 316, 766. Scale V. Scale, 153. Sear v. Ashwell, 97. Searle v. Law, 82, 84. Seddon v. Connell, 846, 848. Seeley V. Jago, 98, 816, 819. Seers v. Hind, 359, 875, 878. Segrave v. Kirwan, 226. Selby V. Alston, 16, 792. ScUack V. Harris, 70. Selyard v. Harris, 847. Senhouse v. Earle, 727. Sergeson v. Sealey, 827, 828, 829. Sergison, ex parte, 263, 833. Sewell V. Denny, 118, 177. V. Musson, 476. Seys V. Price, 830. Shadbolt v. Thornton, 808. V. Woodfali, 426. Shaftesbury v. Duke of Marlborough, 387, 389, 391, 393, 395, 397, 398. Shakeshaft, ex parte, 356, 357,767, 768, 771, 772, 773. Shales v. Shales, 214. Shallcross v. Wright, 184. Shanley v. Baker, 197. Shannon v. Bradstrcet, 591. Shapland v. Smith, 247. Sharp v. Cossent, 135. V. Sharp, 233, 264, 570. Sharpe v. Earl of Scarborough, 650, 661, 688, 691. Sharpe's Trust, in re, 377, 380. Shaw, ex parte, 264, 479. V. Borrer, 414, 428, 429, 440, 441, 513. V. Bran, 29. V. Lawless, 102, 167. V. Rhodes, 114, 117, 119. V. Weigh, 250. Shee V. Hale, 135, 136. Sheldon v. Weldman, 729. Shelly's case, 827. Ixxii LEWIN ON THE LAW OF TKUSTS, ETC. Shepherd v. Mouls, 341, 355, 356. V. Shepherd, 621. Sheppard v. Smith, 875, 877. V. Woodford, 272. Sheridan v. Joyce, 366, 756. Sheriffv. Axe, 320, 546. Sherrard v. Lord Harboroiigh, 179, 318. Sherratt v. Bentley, 234, 874. Sherwood, in re, 320, 549. Shewell v. Shewell, 368. Shewen v. Vanderhorst, 524. Shields v. Atkins, 325. Shine V. Gough, 511, 591. Shipbroolc (Ld.) v. Lord Hinchinbrook, 305, 311, 312, 315, 316. Shiphard v. Lutwidge, 488. Shippardson v. Tower, 808. Shipton T. Rawlins, 845, 854. Shirley v. Ferrers, 489. V. Watts, 648, 649. Shore v. Collett, 227. Shorrocks, in re, 835. Short V. Wood. 820. Shrewsbury School, in re, 269, 318, 782. Sidebotham v. Barrington, 422. Sidmouth v. Sidmouth, 200, 207, 211, 214, 215, 216. Sidney v. Shelley, 182, 191, Siebert v. Spooner, 477. Sikes V. Lister, 832. Silk T. Prime, 489. Sillibourne v. Newport, 538. Simmonds v. Falles, 482, 483. Simes v. Eyre, 849. V. Naylor, 834. Simpson v. Morley, 668. V. Sikes, 477, 478, 479. T. Taylor, 648. Sims V. Marryatt, 249. Sish V. Hopkins, 660. Sisson V. Shaw, 517. Sitwell V. Bernard, 813. Skarflfv. Soulby, 93. Skeats v. Skeats, 209, 211, 215. Skeetes, in re, 785. Skett r. Whitmore, 61, 204. Skinner, ex parte, 505, 507, 781, 782 783. Slade V. Rigg, 848. Slater v. Wheeler, 300, 847. Slewringe's Charity, in re, 781, 783. Sloane v. Cadogan, 81, 89, 93. Sloman v. Bank of England, 372. Sloper, in re, 897. Small V. Attwood, 774, 777, 844. ' V. Marwood, 237. V. Dudley, 480. Smart v. Bradstock, 852. Smee v. Martin, 518. Smith, exparte, 298, 471, 771, 835. V. Adams, 621. V. Adkins, 106. V. Attersoll, 77. V. Baker, 199. Smith V. Boucher, 894. V. Camelford, 200, 643. V. Clay, 732. V. Claxton, 184, 185, 818. V. French, 774, 777. V. Garland, 93. V. Guyon, 435. V. Hibbard, 832. V. Hurst, 662, 663, 666. V. Jameson, 20. V. Keating, 481. V. King, 39, 180. V. Lyne, 99. V. Smith, 34, 605, 609, 612, 771, 870, 885, 896. V. Snow, 595, 850. V. Spencer, 626. V. Warde, 101. V. Wheeler, 236, 449, 585. V. Wilkinson, 63. Smyth's Settlement, 896, 897, 905. Snow V. Booth, 749. v. Hole, 875. Snowdon v. Dales, 132, 133. Sockett V. Wray, 35. Sombre Dyce, in re, 835. Somerset's case (Earl of), 676. Sonley v. Clockmakers' Company, 693. Southampton (Lord) v. Marquis of Hert- ford, 111, 161, 191. Southcomb v. Bishop of Exeter, 742. South Eastern Railway Company, ex parte, 342. Southouse V. Bate, 181. South Sea Company v. Wymondsell, 734, 735. Southwell V. Ward, 713. Sowarsby v. Lacy, 432. Sowerby's Charity, in re, 782. Spackman Y. Timbrell, 285. Spalding v. Shalmer, 304, 429, 435. Sparling v. Parker, 815. Spink V. Lewis, 182, 183. Spottiswoode v. Stockdale, 486. Sprange v. Barnard, 169, 171. Sprigg V. Sprigg, 190, 195. Spring V. Biles, 706. Spurgeon v. Collier, 284, 724. Spunner v. Walsh, 836. Spurrier v. Hancock, 175. Squire v. Dean, 643. V. Ford, 486. Stacey v. Elph, 233, 235, 242, 462. Stackhouse v. Barnston, 737, 751, 756. Stackpole v. Davoren, 751, 752. Stacpoole v. Stacpoole, 359, 875. Stahlsclimidt v. Lett, 520. Staines v. Morris, 425. Stair V. Macgill, 813. Stamford (Earl of) v. Sir John Hobart, 144, 156. Stamp V. Cooke, 707. Stamper v. Millar, 301. Standford v. Marshall, 634, 641. TABLE OF CASES. Isxiii Stanes v. Parker, 549, 550. Stanley, in re, 836. V. Bond, 670. V. Darington, 291. V. Leigh, 150. Stanley v. Lennard, 145, 247. Stansfield v. Hobson, 855. Stanton v. Hall, 121, 122, 135. Staple's Trust, in re, 381. Stapleton v. Stapleton, 82. Starkey v. Brooks, 180, 181, 183. Stead V. Nelson, 633, 635, 645. V. Newdigate, 792, 807, 818. Steele v. Philips, 650. Stent V. Bailis, 174. Stephens v. James, 135. V. Trueman, 94. Stevens v. Hotham, 425. V. South Devon Railway Com- pany, 516. Stermett v. Bainbridge, 468. Stewart v. Hoare, 556. v. Noble, 489. Stickland v. Aldridge, 67, 68, 70, 71. Stickney v. Sewell, 338, 345. Stiffe V. Everitt, 627. Stikeman v. Dawson, 39, Stile V. Tomson, 530. Stiles V. Guy, 239, 316, 329, 338, 661, 737. Stileman v. Ashdown, 210, 212, 650, 658, 659, 660. Stocken v. Dawson, 549. Stone V. Godfrey, 325, 737, 775, 778. V. Gratham, 476. V. Theed, 383, 384, 386, 388, 389, 395. V. Van Heythusen, 482, 490. V. Wythipole, 37. Stones V. Rowton, 578. Stonehewer v. Thompson, 660. Stonehouse v. Evelyn, 183. Stonor v. Curwen, 147, 155, 156. Storry v. Walsh, 441, 445, 446, 448. Story v. Tonge, 372. Stott v. Hollingworth, 813. Stow V. Drinkwater, 262. Stafford v. Powel, 146, 163. V. Twynam, 465. Streatfield v. Streatfield, 148. Stretton v. Ashmall, 345. Stright, ez parte, 612. Strode v. Russel, 262. V. Winchester, 71. Strong V. Strong, 853. Stroughill V. Anstey, 416, 417, 434, 436, 437, 439, 458. Stuart, ex parte, 425. V. Bruere, 813. V. Kirkwall, 634, 635, 639, 641. V. Stuart, 340, 348. Stuckey v. Drewe, 475. Stnltz's Trust, in re, 136. Stubbs, ex parte, 715. Stubbs V. Roth, 218, 223. V. Sargon, 181. Sturgis V. Champueys, 629, 630. V. Corp, 124. Sturt V. Mellish, 19, 20. Stutely, ex parte, 379, 772. Sty an, in re, 613. Suir Island Female Charity School, in re, 503, 782. Supple V. Lowson, 542, 705, 706, 782. Sutcliffe V. Cole, 190. Sutherland v. Cooke, 808, 810, 815. Sutton V. Jones, 319, 460. V. Sharp, 359, 361. Sutton Colefield case, 198, 726. Swan V. Swan, 511. Swayne v. Swayne, 613. Sweet V. Southcote, 726. Sweetapple v. Bindon, 153, 621, 622, 793. Swift, ex parte, 517. v. Davis, 211, 214. V. Gregson, 701, 706. V. Nash, 69. Swinnock v. Crisp, 518. Sykes v. Hastings, 319. Sylva V. Da Costa, 834. Sylvester v. Jarman, 263. v. Wilson, 247. Symance v. Tattam, 409. Symons v. Rutter, 807. Symson v. Turner, 247. Synge v. Hales, 141, 146, 164. Tabor v. Grover, 18. Taggart v. Taggart, 152, 153. Tait V. Jenkins, 871. V. Northwick, 482, 491. Talbot V. Earl of Radnor, 234, 367. V. Whitfield, 820. Taner v. Ivie, 455. Tanner v. Dancey, 873. V. El worthy, 218. Tappenden v. Burgess, 477, 478, 479. V. Walsh, 694. Tarback v. Marbury, 476. Tardiffv. Robinson, 392. Targus v. Puget, 153. Tarleton v. Hornby, 768, 845. Tasker v. Small, 175, 844. Taster V. Marriott, 218. Tatam v. Williams, 742. Taylor, ex parte, 477, 478. Taylor's Trust, in re, 807. v. Allen, 870. V. Alston, 214, 215. V. Clark, 815. V. Crompton, 753. V. George, 167, 168. V. Glanville, 367, 873, 875. V. Hawkins, 456. V. Haygarth, 198, 321, 324, 679. V. Hibbert, 813. V. Jones, 9^, 648. Ixxiv LEWIN ON THE LAW OF TRUSTS, ETC. Taylor v. Plumer, 274, 275, 754, 757, 758, 763. V. Salmon, 851. V. Stibbert, 725. V. Tabrum, 424, 767, 876. V. Taylor, 39, 184, 207, 212, 215, 633. V. Wheeler, 276. Tee V. Ferris, 71, 73. Tebbs V. Carpenter, 328, 358, 359, 361, 362, 364,365, 876, 879. Tenant v. Brown, 173. Tench v. Cheese, 116. Terry V. Terry, 337, 513. Theebridge v. Kilburne, 149. Thetford School case, 198, 199. Thicknesse v. Vernon, 201. Thomas, ex parte, 277. 278. V. Bennett, 643. V. Burne, 223. V. Bering, 538, 540, 541. V. Dunning, 842, 843. V. Gwynne, 834. T. Hole, 707. V. Thomas, 751, 756. Thomason v. Mackworth, 251. Thompson, in re, 836. V. Blackstone, 415. V. Grant, 264. v. Harrison, 777. V. Jackson, 476. V. Leach, 36. T. Simpson, 722, 728, 745, 775. Thompson v. Speirs, 613. Thorby v. Yeats, 595, 858, 875. Thornley v. Aspland, 137. Thornton v. Ellis, 813. V. Hawley, 800, 806, 807, 816. Thorp V. Thorp, 376, 377. Thorpe v. Jackson, 848. V. Owen, 61, 82, 172, 681. Thrupp V. Harman, 643, 644, 681. Thrustout V. Coppin, 262. Thruxton v. Attorney-General, 56. Thynn v. Thvnn, 71. Tibbits V. Tibbits, 168, 169, 171. Tickner v. Smith, 358. Tidd v. Lister, 370, 587, 870. Tierney v. Wood, 65. Tiffin V. Longman, 705. Tinstone's Trust, in re, 377. Tilly V. Bridges, 755. Timson v. Ramsbottom, 608, 610, 014. Tipping V. Piggott, 405, 406. V. Power, 873. Titley v. Wolstenholme, 265, 266. Todd T.Wilson, 549, 550. Toft V. Stephenson, 746. Toller V. Attwood, 256. V. Carteret, 48. Tooke V. HoUingsworth, 274. Tournay, in re, 37G. Townley V. Bedwell, 392, 808. V.Bond, 244, 390, 392. Townley v. Sherborne, 299, 302, 304. Townsend, ex parte, 29, 295. , in re, 883. V. Ash, 756. V. Barber, 314. V. Lawton, 409. V. Westacott, 93. V.Wilson, 301, 528. Townshend (Marquis of) v. Bishop of Norwich, 179. V. Townshend, 729, 730, 731. V. Windham, 643. Townson v. Tickell, 236, 237. Trafford v. Boehm, 341, 351, 768, 792, 820, 821, 823. V. Trafford, 160. Trash v. Wood, 45, 680. Travell v. Danvers, 710. Travers v. Townsend, 876. Tregonwell v. Sydenham, 181, 182, 189, 190, 191. Trench v. St. George, 384, 385. V. Harrison, 200, 206, 350, 756, 763. Trent v. Banning, 250. Treves v. Townsend, 359, 361, 362. Trevor v. Peryor, 682. V. Trevor, 147, 155, 156, 725, Trickey v. Trickey, 117. Trinity College v. Brown, 272. Triquet v. Thornton, 806. Trot V. Vernon, 167. Trott V. Dawson, 560. Trower v. Knightley, 531, 819. Trutch V. Lamprell, 291. Tryon, in re, 234. Tucker v. Boswell, 813. V. Thurstan, 284. Tudor V. Samyne, 631. Tuer V. Turner, 818. Tuffnell V. Page, 45, 616. Tullet V. Tullet, 830. Tullett V. Armstrong, 122, 128, 633, 634, 635. Tulloch V. Hartley, 50. Tunstall v. Trappes, 651, 661, 662, 672, 772. Tunstall's Will, 895. Turquand v. Knight, 875. Turner, ex parte, 435, 441, 442, 772. (Sir Edward's) case, 631. V. Buck, 288, 719, 751. V. Corney, 290, 599. V. Frampton, 368. V. Gwinn, 603. V. Harvey, 415. V. Hill, 217. V. Hind, 853. V. Mauley, 356, 366, 574. V. Sargent, 146, 164. v. Turner, 358. V. Wardle, 238. Turnley v. Kelly, 121. Turpin. ex parte, 771. TABLE OF CASES. Isxv Tutin, ex parte, 833. Twistleton v. Thelwel, 873. Twopeny v. Peyton, 133. Twyne's case, 416. Tylden v. Hyde, 445. Tylee y. Tylee, 869. Tyler V. Lake, 122. Tyler's Trust, in re, 895. Tyrrell v. Hope, 122, 217. Tyrrell's case (Lady,) 177. Underwood v. Hatton, 375, 487, 522, 765. T. Stevens, 315, 316, 774. Uaiacke, in re, 233, 237. University College, Oxford, in re, 495. of Oxford V. Richardson, 753. Upton Warren, in re, 781. UpfuU's Trust, in re, 376. Urch V. Walker, 233, 234, 240, 241, 366. Uvedale v. Ettrick, 712. V. Uvedale, 873. Van V. Barnett, 723, 806, 816, 823. Van Sandau v. Moore, 857. Vandebende v. Levingston, 752. Vanderstegen v. Witham, 19. Vaughan v. Buck, 369, 370, 810, 812. V. Burslem, 151, 162, 163. V. Farrer, 504. V. Vanderstegen, 639, 768. Venables v. Morris, 253. Verner, ex parte, 136. Verney v. Carding, 725, 758. v. Verney, 384, 386, 395. Vernon's case, 58. Vernon, ex parte, 200, 832. V. Blackerley, 844. V. Vawdry, 238, 764. V. Vernon, 94, 167, 830. Verulam (Earl of) v. Bathurst, 155. Vez V. Emery, 367. Vezey v. Jamson, 182. Vick V. Edwards, 252. Vickers v. Cowell, 201. V. Scott, 415, 813. Vigor V. Harwood, 813. Vigrass v. Binfield, 337, 867, 869. Villers v. Beaumont, 97. Villiers v. Villiers, 250. Vincent v. Godson, 239. V. Newcombe, 345, 810. Viner v. Cadell, 274, 278. Voyle V. Hughes, 91. Wackerbath, ex parte, 305. V. Powell, 294. Wade V. Paget, 16. Wadley v. Wadley, 392. Wagstaff V. Smith, 122, 124, 248. V. Wagstaff, 45, 615, 616. Wain V. Earl of Egmont, 487, 538, 541. Wainwright v. Bagshaw, 107. V. Elwell, 15. Wainwright V. Hardisty, 635, 645. V. Waterman, 696. Waite V. Whorwood, 754, 757. Waithman, ex parte, 612. Wake V. Wake, 893, 903. Wakeford, in re, 834, 883. Wakeman v. Duchess of Rutland, 427, 844. Walburn v. Ingilby, 846. Walford ( v.) 596. Waldo V. Caley, 542. V. Waldo, 515. Walker ( v.) 345. Walker, in re, 546, 818, 834, 883. V. Denne, 791, 795, 798, 805, 806, 819. V. Meager, 487, 643. V. Preswick, 725, 845. V. Shore, 415, 775, 816. . V. Smalwood, 429, 434, 524. V. Symonds, 290, 304, 307, 311, 312, 317, 337, 338, 357, 599,726, 767. 774, 775, 777, 778, 845. V. Walker, 538, 540. v.Wetherell, 518. V. Woodward, 363. Wall V. Bright, 175, 263, 268. Wallburn v. Ingilby, 846. Walley V. Whalley, 217, 222, 224, 725. 847. Wallgrave v. Tebbs, 73, 79. Wallwyn v. Coutts, 101, 476, 481. WalshV. Dillon, 858. V. Gladstone, 572. V. Wallinger, 701, 703, 704. Walter v. Maunde, 599, 707, 808. V. Saunders, 631. Walton, ex parte, 715. V. Merry, 839. V. Walton, 59, 69, 180, 182. Walworth v. Holt, 851. Wankford v. Wankford, 234. Warburton v. Hill, 608, 613, 614, 615. V. Sandys, 300, 301, 567, 581. V. Vaughan, 837, 839. Ward V. Arch, 729, 747. V. Audland, 88. V. Bassett, 853. V. Burbury, 253, 254. V. Butler, 239, 240. V. Lant, 177. Wardle v. Claxton, 122, 123. Ware v. Polhill, 829. Waring, in re, 376, 380. V. Coventry, 277. V. Waring, 326, 344, 345, 350, 358. Warman v. Seaman, 177. Warmstreyv. Tanfield, 12, 600. Warrick v. Warrick, 148, 727. Warter v. Hutchinson, 248, 251. 254, 257. Warwick Charities, in re, 718. Countess of, v. Edwards, 643. V. Richardson, 37, 581. Ixxvi LEW IN ON THE LAW OF TRUSTS, ETC. Washborn v. Downes, 602. Waterhouse v. Stanfield, 49. Waters v. Bailey, 218. V.Wood, 44. Watkins, ex parte, 612. V. Cheek, 434, 435, 456, 458. Watson, ex parte, 361, 772. V. Hayes, 183. y. Hinsworth Hospital, 507. V. Earl of Lincoln, 195. V. Marshall, 370. V. Pearson, 258, 300. V. Toone, 460, 465, 466, 471. Watts's settlement, in re, 574, 885, 896. V. Ball, 621, 625. V. Bullas, 99. V. Cresswell, 39. V. Girdlestone, 338, 341, 356, 418. V. Hyde, 472. V. Jeffereyes, 671. V. Kancie, 454, 455. V. Porter, 280, 671. V. Turner, 595. Waugh's Trust, in re, 883, 906. Way V. East, 132. Weale v. Olive, 84. Weatherby v. St. Giorgio, 430. Weaver v. Maule, 283, 284. Webb V. Ledsam, 305. V. Lugar, 218. V. Rorke, 470. V. Earl of Shaftesbury, 142, 318, 544, 559, 582, 723. V. Webb, 118, 857. V. Wools, 168, 171. Wedderburn v. Wedderburn, 319, 729, 730, 777, 778. Wedgwood v. Adams, 424. Weiss V. Dill, 557. Weld V. Bonham, 851. V. Tew, 827. Welford v. Liddle, 734. Wellesley v. Wellesley, 174. West V. Ayles, 834. V. Errissey, 148, 149, 727. V. Steward, 474. Westby v. Westby, 670. Westbrook, in re, 546, 556. V. Blythe, 668, 672. Westcott V. CuUiford, 368. Western v. Cartwright, 734. Westley v. Clarke, 304, 305, 310, 317. Weston V. Filer, 893, 903. Westover v. Chapman, 338. 363. Wetherell v. Collins, 842. V. Hall, 593. V. Langston, 237. V. Wilson, 596. West Ham Charities, in re, 782. Whale V. Booth, 278, 455, 456, 457. Whalley v. Whalley, 734, Whateley v. Kemp, 148. Whatton v. Toone, 4G0, 734. Wheate v. Hall, 164. Wheatley v. Purr, 81. Wheeler, in re, 883. Wheelwright v. Jackson, 480. Wheldale v. Partridge, 793, 799, 804, 806, 824. Whelpdale v. Cookson, 461, 464, 466, 473. Whetstone (Lady) v. Bury, 678. Whitchcotev. Lawrence, 461, 463, 469, 470,471,738. Whinchcombe v. PuUeston, 136. Whish, ex parte, 715. Whistler v. Newman, 634, 640, 775, 875. V. Webb, 842. Whiston V. Dean and Chapter of Ro- chester, 493. Whitacre, ex parte, 264. Whitaker v. Wisby, 28. Whitcomb v. Minchin, 462. White v. Barton, 241, 868. V. Baj-lor, 283, 693. V. Briggs, 168, 169, 170, 171. V. Carter, 155. V. Cuddon, 415. V. Evans, 59, 69, 182. V. Ewer, 731. V. Foljambe, 421, 425. V. Lincoln, 337, 599. V. Nutts, 175. V. Parker, 247, 248. V. Tommy, 465. V. White, 383, 384, 395, 396, 397, 398, 399, 402, 706, 713, 774. V. Williams, 59. Whitecomb v. Jacob, 756, 757. Whitfield V. Brand, 278. V. Prickett, 135. Whitley, ex parte, 713, 715, 716. Whitmarsh v. Robertson, 865. Whitmore v. Weld, 39. AVhittingham's case, 36, 37. Whittem v. Sawyer, 369. Whittle V. Halliday, 848. V. Henning, §72. Whitton, ex parte, 836. V. Lloyd, 488. Whitwich V. Jermin, 796. Whitworth v. Gaugain, 280, 672. Wichfield v. Baker, 808. Widdowson v. Duck, 343, 524. Widmore v. Woodroffe, 699. Wigg V. Wigg, 173, 725. Wlghtman v. Townroe, 272. Wiglesworth v. Wiglesworth, 357, 867. Wike's case, 30, 260, 280, 629, 677. Wileocks v. Hannygton, 83. Wild V. Wells, 755. Wildes V. Davies, 119. Wilding V. Bolder, 40, 579. V. Richards, 481, 482, 483. Wiles V. Cooper, 858. V. Gresham, 326, 340, 521, 756. Wilkes V. Steward, 337, 338. Wilkins v. Fry, 423, 426. TABLE OF CASES. Isxvii Wilkins v. Hunt, 873, V. Stevens, 205. Wilkinson, ex parte, 243, 715. V. Brayfield, 178. V. Malin, 298, 299, 501. V. Parry, 565, 577, 774, 777, 847. Wilks V. Groom, 885. V. Wilkinson, 131, 135, 139, 556, 559. Willan V. Lancaster, 617. Willand v. Fenn, 316. Willats V. Busby, 93, 849, 850. Willet V. Sandford, 8. Willett V. Blandford, 319. Williams' estate, in re, 881. in re, 836. V. Bird, 715. V. Carter, 167. V. Coade, 182, 183. v. Corbet, 101. V. Kershaw, 182. V. Lomas, 768. V. Lord Lonsdale, 324. V. Nixon, 240, 299, 310, 315, 316, 317, 318. V. Powell, 363, 364. T. Waters, 248. V. Williams, 169, 173. Williamson v. Codrington, 93, 94. V. Curtis, 435. V. Park, 659. V. Williamson, 93. Willis v. Childe, 543. T. Hiscox, 595, 878. V. Kibble, 551. V. Willis, 200, 204, 205. Wilmot V. Pike, 608. Willmott V. Jenkins, 243. Willoughby v. Willoughby, 131, 725. Wills V. Savers, 121, 122. Wilson, in re, 836. V. Beddard, 805. V. Bennett, 265, 267, 533. V. Bronghton. 845. V. Clapbam, 174. V. Day, 476, 477, 480. V. Dennison, 297. V. Dent, 45, 63, 616. V. Fielding, 686. V. Foreman, 756. V. Goodman, 768. V. Heaton, 564. V. Hoare, 272. V. Knubley, 239. V. Major, 169, 171, 183, 187. V. Moore, 729, 767. V. Oldham, 371. V. Wilson, 113, 875. Wilton V. Hill, 865. V. Jones, 842, 853. Wiltshire v. Rabbits, 608. Winch V. Brutton, 171. V. Keeley, 274, 275. Winchelsea v'. Norcliffe, 829, 830. January, 1857. — 6 Winchester (Bishop of) v. Knight, 753. Winged v. Lefebury, 725. Winn v. Fenwick, 705. Winnall, exparte, 291. Winnington v. Foley, 409. Winslow V. Tighe, 218, 223. Winter, ex parte, 838. V. Rudge, 572. Wise, in re, 882. V. Wise, 233, 609. Wiseman v. Roper, 94. Witham's case, 5, 9. Withers v. Allgood, 142. T. Withers, 60, 199, 202. Withington v. Withington, 574. Withey v. Mangles, 707. Witter V. Witter, 19, 829. Witts V. Bodington, V. Dawkins, 123. AYivelescom case, 495. Wolestoncroft v. Long, 487, 488. Wood V. Betlestone, 894, 898. V. Cox, 168. V. Dixie, 475. V. Downes, 473, 867. , V. Hardisty, 238. V. Harman, 434, 523. V. Nosworthy, 18. V. Richardson, 415. V. Stane, 710. V. White, 441, 532, 844. V. Williams, 842. V. Woods, 857. Wood's Trust, in re, 377. Woodcock V. Renneck, 700, 704. Woodhead v. Marriott, 358, 879. Woodin, ex parte, 226, 562. Woodhouse v. Hoskins, 144, 404, 408, 409, 410. Woodman v. Horslev, 122. V. Morrel, 178."200, 207, 214, 215, 216. Woodmeston v. Walker, 124. Woods V. Woods, 169, 596, 857. Woodyat v. Greslev, 771. Woollet V. Harris, ^80, 181. Woolmore v. Burrows, 154, 156, 157, 164, 404. Woolnough V. Woolnough, 603. Worley v. Frampton, 425. Worrall v. Harford, 101, 317, 557, 561. Worsley V. Deraattos, 476, 477, 478, 480. Wortham v. Pemberton, 629, 632. Worthington v. Evans, 533. Wrangham, exparte, 495. Way v. Smith, 815. Wray v. Steele, 200, 201. Wren v. Kirton, 295, 296, 333. Wright V. Atkyns, 168, 169, 170, 173. V. Hall, 195. Wright V. Maunder, 422. V. Newport Pond School, 506, 508. V. Pearson, 141, 142, 145, 247, 251, 256. Ixxviii LEW IX OX THE LAW OF TRUSTS, ETC. Wright V. Rose, 808. V. Row, 193, 194. V. Snowe, 39. V. Wright, 183, 184. Wright's settlement, in re, 376. will, m 7-e, 377. Wrigley v. Sylies, 441, 445, 446, 447. Wyatt V. Sharratt, 349, 867, 869. Wynch v. East India Company, 721, 734. V. Packington, 177, 179, 180. Wyche, m re, 550. Wykham v. Wykhnm, 253, 604. Wynch v. Grant, 239. Wynne v. Hawkins, 169, 171. V. Styan, 733. Wynter v. Bold, 420. Yallop, ex parte, 203. V. Holworthy, 735. Yarnold v. Moorbouse, 135, Yates V. Hambly, 842. Yervel (Poor of) v. Sutton, 506, 507, 508. York V. Brown, 320, 549, 874. York Buildings Company v. Mackenzie, 466, 467, 471. V. Eaton, 201, 202. Young r. Dennet, 488. V. Grove, 182. — V. Martin, 172. V. Peachy, 177, 178. V. Scott, 857. V. Waterpark, 729, 747. 748. Younge v. Combe, 359, 361. Younger v. Welham, 298. Younghusband v. Gisborne, 134, 598, 656. Zinck V. Walker, 275. Zoach V. Lloyd, 830. Zouch T. Parsons, 36, 37, 38. TABLE or STATUTES CITED. The pages referred to are those between brackets [ ]• EDWARD I. 11, (Statute Merchant), 21S. 13, St. 1, c. 1, (De Bonis), 601. St. 1, c. 18, (Elegit), 278. St. 1, c. 39, (Levari Facias), 647. St. 3, (Statute Merchant), 278. EDWARD II. 9, St. 2, (Sheriffs), 269. EDWARD III. 27, St. 2, c. 9, (Statute Staple), 278. RICHARD II. 15, c. 5, (Mortmain), 43. HENRY VI. 8, c. 7, (Right of voting for Members of Parliament), 270. RICHARD III. 1, c. 1, [Cestui que Use empowered to pass Legal Estate), 5, 601. HENRY VII. 4, c. 24, (Fines), 601. 19, c. 15, (Execution against Uses), 10. HENRY Vin. 21, c. 4, (Sales by Executors), 532. 26, c. 13, (Forfeiture), 9, 28, 674. 27, c. 10, (Statute of Uses), 7, 10. 33, c. 20, (Forfeiture), 674, 675, 676. ELIZABETH. 13, c. 4, (Extents), 673. c. 5, (Creditors), 93, 475, 476. 27, c. 4, (Purchasers), 92, 93. 43, c. 4, (Charitable Uses), 779. CHARLES II. 22&23, c. 25, (Game Act), 593. 29, c. 3, s. 5, (Devises of Land,) 65. s. 7, (Creations of Trust of Land), 60. s. 8, (Exception of Implied Trusts), 204, 228, 762. s. 9, (Assignments of Trusts), 600. s. 10, (Judgments against ces- tui que trust), 664, 690. s. 12, (Estates pur autre vie), 202. 4, c. 6, c. ^, c. 1, St 4, c. 8, c. 9, c. L4, c. WILLIAM AND MARY. 3, c. 14, (Action against Devisee), 239, 689, 690. 4, c. 3, s. 10, (Bequests of Stock), 32. 5, c. 20, s. 20, (Bank of England), 32. WILLIAM III. 7 & 8, c. 25, s. 7, (Right of voting for Members of Parliament), 270. ANNE. 16, s. 22, (Subpoena), 859. 35, (Yorkshire Registry), 596. 19, (Infant Trustees), 38, 832. GEORGE I. 2, c. 19, (Bequests of Stock), 32. GEORGE II. 10, (Lunatics, &c., Trustees of Lands), 833. 6, (Yorkshire Registry), 596. 6, (Mortmain), 44, 79, 132. 20, s. 9, (Estates pur autre vie), 202. 18, s. 1, (Right of voting for Members of Parliament), 271. 19, s. 49, (Bequests of stock), 32. GEORGE III. 35, (Extents), 673. 90, (Lunatic, &c., Trustees of Stock,) 833. 40, c. 36, (Bank of England), 33, 859. c. 56, (Disentailing money- land), 820, 821. c. 88, s. 10, (Will of the So- vereign), 25. c. 98, (Thellusson Act), 112. 47, c. 74, (Traders' Lands, Assets), 273. 52, c. 101, (Romilly's Act), 718, 779. 54, c. 145, (Corrup'tiou of Blood), 28. 56, c. 91, (Charity Commissioners), 783. 58, c. 95, s. 2, (Right of voting for Co- roners). 592. 18, c. 30, c. 25, c. 36, c. 39 & Ixsx LEWIN ON THE LAW OF T K U S T S, ETC. 50, c. 81, (Charity Commissioners), V83. GEORGE IV. I & 2, c. 19, (Lunatic Trustees), 834. 6, c. 74, (Trustee Act), 834. c. 16, (Bankruptcy Act), 479, 557. 7, c. 57, (Sales under Insolvent Debt- ors' Act), 422. WILLIAM IV. II G. 4, & 1 W. 4, c. 40, (Executor Trus- tee for next of kin), 59, 325. c. 47, (Action against Devisee, As- sets), 239, 273, 474. c. 60, (Lord St. Leonards' Trustee Act), 713, 834, 835, 836, 837, 838, 839. 1, c. 60, s. 23, (Charities), 716. 1 & 2, c. 32, (Game Act), 593. 2, c. 45, s. 23, (Reform Act, Right of Voting), 271. c. 57, (Charities), 716. 3 & 4, c. 27, (Limitation of Actions and Suits), 288, 484, 722, 743, 744, 745, 786. c. 74, (Fines and Recoveries), 16, 148, 156, 157, 236, 237, 411, 472, 604, 817, 822. c. 104, (Assets), 273, 285, 435, 474,688, 691, 692, 796. c. 105, (Dower), 621, 626, 794. c. 106, (Inheritance), 187, 618, 680. 4 & 5, c. 23 (Escheat), 836. c. 29 (Lynch's Act), 347, 348. c. 92, (Fines and Recoveries, Irish), 236. 5 & 6, c. 76, (Municipal Corporation Act), 25, 31, 716, 717. VICTORIA. 1, c. 2G, (Wills), 33, 45, 60, 65, 80, 118, 195,203,249, 259,617, 825, 831. 1 & 2, c. 110, (Insolvency, Judgments), 29, 136, 278, 350, 476, 658. 2 & 3, c. 11, (Judgments), 669. 3 & 4, c. 77, (Grammar-school Act), 500. 3 & 4, c. 82, (Judgments), 670. 5, c. 5, (Abolition of Equity Exche- quer Jurisdiction), 859. 5 & 6, c. 116, (Insolvent Act), 278. 6 & 7, c. 18, s. 74, (Right of Voting), 271, 593. c. 73, (Solicitors' Act), 561. 7 & 8, c. 45, s. 2, (Dissenters' Reli- gious Property Limitation Act), 497. c. 66, (Aliens), 39, 43. c. 76, (Real Property Amend- ment Act, now repealed), 156, 236, 412. c. 92, (Right of voting for Coro- ners), 593. c. 96, (Insolvency), 278. 8 & 9, c. 16, s. 20, (Companies' Clauses Act), 859. c. 106, (Real Property Amend- ment Act), 412, 424, 600, 817. 10 & 11, c. 96, (Trustee Relief Act), 375, et seq., 785. 12 & 13, c. 106, (Bankrupt Law Conso- lidation Act), 29, 273, 277, 287, 477,479, 714. 13 & 14, c. 35, (Sir G. Turner's Act), 368. c. 60, (Trustee Act, 1850), 283, 286, 714, 840, 847. 14 & 15, c. 83, (Court of Appeal in Chancery), 714. 15 & 16, c. 86, (Chancery Amendment Act), 854, 860, 866. 16 & 17, c. 137, (Charitable Trusts Act, 1853), 499, 717, 718, 184, et seq. 18 & 19, c. 15, (Judgments), 657, 669. c. 124, (Charitable Trusts' Amendment Act, 1855), 382, 504, 511, 785, 786. 19 & 20, c. 50, (Sale of Parish Advow- sons), 107. c. 94, (Uniform Administra- tion of Estates), 797. INTRODUCTORY VIEW OF THE RISE AND PROGRESS OF TRUSTS. The origin of trusts, or rather the adaptation of them to the English law, may be traced to the ingenuity of fraud. By the interposition of a trustee the debtor thought to withdraw his property out of the reach of his creditor, the freeholder to intercept the fruits of tenure from the lord of whom the lands were held, and the body ecclesiastic to evade the restrictions directed against the growing wealth of the church by the statutes of mortmain. Another inducement to the adoption of the new system was the natural anxiety of mankind to acquire that free power of alienation and settlement of their estates, which, by the narrow policy of the common law, they had hitherto been prevented from exercising. Originally, the only pledge for the due execution of the trust was the faith and integrity of the trustee ; but the mere feeling of honour proving, as was likely, when opposed to self-interest, an extremely precarious secu- rity, John Waltham, Bishop of Salisbury, a chancellor in the reign of Richard the Second, originated the writ of subjxxna, by which the trustee was liable to be summoned *into Chancery, and compellable to r- ^9 -i answer upon oath the allegations of his cestui que trust. No L "" J sooner was this protection extended, than half the lands in the kingdom became vested in feoffees to uses. Thus, in the words of an old coun- sellor, the Parents of the trust were Fraud and Fear, and a Court of Con- science was the Nurse. (a) Of trusts there were two kinds : the simple trust, and the special trust. The simple trust, which also passed by the name of a use, was defined in legal phraseology to be, " a confidence, not issuing out of the land, but as a thing collateral, annexed in privity to the estate of the land, and to the person touching the land, scilicet, that cestui que use should take the pi'ofit, and that the terre-tenant should execute an estate as he should direct."(t) In order rightly to understand what was meant by this rather technical description, we shall briefly consider the principles that were (a) Attorney-Geueral v. Sands. Hard. 491. (6) Co. Lit. 272, b. g2 LEWIN ON THE LAW OF TRUSTS, ETC. recognized by courts of equity (for these had the exclusive jurisdiction of trusts,) first, with reference to the terre-tenant or feoffee to uses, and secondly, with reference to the beneficial proprietor, or cestui que use. With respect to the feoffee to uses, it was held to be absolutely indis- pensable that there should be confidence in the person, and privity of estate. For want of the requisite of pergonal confidence it was ruled that a corporation could not stand seised to a use ; for how, it was said, could a corporation be capable of confidence when it had not a soul ? Nor was it competent for the king to sustain the character of trustee ; for it was thought inconsistent with his high prerogative that he should be made responsible to his own subject for the due administration of the estate. ^^o-\ *And originally the subpoena lay against the trustee himself only, L -I and could not have been sued against either his heir or assign j for the confidence was declared to be personal, and not to accompany the devolution of the property.(c) But the doctrine of the court in this respect was subsequently put on a more liberal footing, and it came to be held that both heir and assign should be liable to the execution of the use. An exception however was still made in favour of a purchaser for valuable consideration not affected by notice. (f/) The meaning of privity of estate may be best illustrated by an example. Had a feoffment been made to A. for life to his own use, with remainder to B. in fee to the use of C, and then A. had enfeoffed D. in fee, in this case, though D. had the land, yet, as he did not take the identical estate in the land to which the use in favour of C. was attached, he was not bound by C.'s equitable claim. And, by the same rule, neither tenant by the curtesy, nor tenant in dower, nor tennnth j elegit, was liable to the execution of the use, for their interests were new and original estates, and could not be said to have been impressed with the use. So the lord who was 171 by escheat, a disseisor, abator, and intruder, were not ame- nable to the subpoena ; for the first claimed by title paramount to the creation of the use ; and the three last were seised of a tortious estate, and held adversely to the feoffee to uses. With respect to the cestui que use, the principle upon which his whole estate depended was also what in legal language was denominated privity. Thus, on the death of the original cestui que use, the right to sue the sub- r*4.T P'^^^'^ was held to descend indeed to the heir on the ground of •- -■ *ha'rcs eadem persona cum antecessore ; but the wife of the cestui que use, or the husband of a feme cestiii que use, and a judgment credi- tor, were not admitted to the same privilege ; for their respective claims were founded not on privity with the person of the cestui que use, but on the course and operation of law. And for the like reason a use was not assets, was not subject to forfeiture, and on failure of heirs in the inheri- table line did not escheat to the lord. And as a use was regarded in the light of a chose in action, that is, a mere right to enforce a claim against another in a court of equity, the use was held not to be assignable. (e) The special trust (for hitherto we have spoken of the simple trust or use only) was where the conveyance to the trustee was to answer some (c) 8 E. 4, G ; 22 E. 4, 6. (d) Keilway, 42, b. (e) Finch s case. 4 Inst. 85. INTRODUCTION. §3 particular and spocific purpose, as upon trust to reconvey in order to change the line of descent, upon trust to sell for payment of debts, &c. In the special trust the duty of the trustee was not, as in the use, of a mere passive description, but imposed upon him the obligation of exert- ing himself in some active character for the accomplishment of the object for which the trust was created. In ease the trustee neglected his duty, the cestui que trust was entitled to file a bill in chancery, and compel him to proceed in the execution of his oflBice.(/) Both the use and the special trust were applicable to chattels real and personal, as well as to freeholds ; but trusts of chattels were for obvious reasons much less frequently in practice. The amount of the property was small ; the owner, even without the interposition of a trustee, had the fullest control and dominion over it ; and a chattel interest, p^--i *as it followed the person, was equally subject to forfeiture whether L -I in the custody of a trustee, or in the hands of the beneficial proprietor. ((7^ But to the extent, whatever it was, to which trusts of chattels were adopted, they were conducted upon the same principles, mutatis mutan- dis, as were trusts of freeholds ; the right to sue a suhpoeyia turned equally on privity, (^) and the interest of the cestui que trust was held not to be assignable. /ii Such was the nature of trusts as they stood at common laiv ; but the manifold frauds and mischiefs to which the new system gave occasion, particularly «< the great unsurety and trouble arising thereby to pur- chasers," called loudly from time to time for the enactment of remedial statutes. One of the most important of these was the 1 Hie. 3, c. 1, the substance of which may be well expressed in the terms of the preamble, viz., that " all acts made by or against a cestui que xise should be good as against him, his heirs, and feofi'ees in trust," in other words, that all dealings of the cestui que use with the trust property should have pre- cisely the same legal operation, as if the cestui que use had himself pos- sessed the legal ownership. To what interests the legislature intended this statute to apply has not on all hands been agreed. A feoftment in fee to uses was clearly the case primarily intended. Upon a feofi'ment in tail, it seems no use could have been declared, for a tenant in tail was incapacitated by the statute de donis from executing estates. (/.;) With respect to a feoifment for life to uses, there appears to be no rea- son upon principle (except so far as the language of the act may be thought to furnish any inference,) and certainly there is no objection on the *score of authority, why the cestui que use might not have p^p-i passed the legal estate by virtue of the statutory power. It has L J been contended by Mr. Sanders, that on a feofi'ment for life no use could have been declared, on the ground that, as the tenant for life held of the reversioner, the consideration of tenure would have conferred a title to the beneficial interest on the tenant for life himself. But this rea- soning can have no application where the estate for life was not created, (/) See the case in the reigu of Hen. 7, Append, to Treat, of Powers, No. 1. (g) 5 H. 5, 3, 6. (A) Witham's case, 4 Inst. 87. («■) Jenk. 244, c. 30. {k) Co. Lit. 19, b. (/) Sand, on Uses, c. 1, s. 6, div. 2. 84 LEVIN ON THE LAW OF TRUSTS, ETC. but was merely transferred, for then the assignment of the life estate was not distinguishable in this respect from a conveyance of the fee ; in each case there was no consideration of tenure as between the grantor and grantee, but in each case the services incident to tenure were due from the grantee to a third person. (1) It is clear that the statute embraced uses of lands only, and did not extend either to sj^cQial trusts, or to trusts of chattels : not to special trusts, because the trustee com- bined in himself both the legal estate and the use, though compellable in chancery to direct them to a particular purpose ; and not to trusts of chattels, because the preamble and the statute were addressed to cestui que use and his heirs, and to feoffees in trust. P^„-, *The mischiefs of the system increasing more and more, (the L ' J statute of Kichard occasioning still greater evils than it remedied, from the facility it gave to the cestui que use and his feoffee, who had now each the power of passing the legal estate, of defrauding by collusion the honafide purchaser,) the legislature again interposed its authority by the 27 Hen. 8, c. 10, and thereby annihilated uses as regarded their fiduciary character, by enacting, that " where any person stood seised of any hereditaments to the use, confidence, or trust of any other person, or of any body politic, such person or body politic as had any such use, confidence, or trust, should be deemed in lawful seisin of the heredita- ments in such like estates as they had in use, trust, or confidence. "(2) Vses by the operation of this statute became merged in the legal estate ; but special trusts and tj'usts of chattels were not within the pur- view of the act : the former, because the use, as well as the legal interest, (1) The state of the law upon this subject appears to have been as follows : — 1. On the creation of an estate for life, had no use been mentioned on the face of the instrument, the tenant for life had held for his own benefit in compensation of his services ; Perk. s. 535 ; B. N. C. 60 ; Br. FefF. al. Uses, 10 ; and no use could have been averred in contradiction to the use implied. See Gilb. on Uses, 57. 2. Had a use been expressly declared by the deed, the tenant had been bound by the terms on which he accepted the estate; Perk. s. 537; Br. Feff. al. Uses, 10, 40. 3. Unless a rent had been reserved, or consideration paid, in which case a court of equity would not have enforced the use against the purchaser for valuable consideration; B.N. C. 60; Br. FeflF. al. Uses, 40. 4. On the assignment of a life estate a use might have been declared, as on a conveyance in fee. (2) As this statute does operate on the use of a life estate, but does not apply to a seisin in tail, the doctrine of Mr. Sanders, that prior to the 27 Hen. 8, there was no use of a seisin either in tail or for life, seems open to the following objec- tions : — 1. That the statute in executing the use of a life estate, operates on an interest which at the time of the enactment had no existence ; and, 2ndly, That in not executing a use declared on a seisin in tail, it operates differently on two estates that fall within precisely the same principle. To meet the former objec- tion, Mr. Sanders holds the statute of Hen. 8, to be prospective, and distinguishes it from the statute of Richard, which he considers not to be prospective, by ob- serving that the latter employs the word " use" only, while the former has the additional term of "trust ;" but to this it may be answered, that although the sta- tute oi Richard does not contain the word trust, the preamhle does, and that the distinction contended for between use and trust had no existence until a compa- tively recent period. See Altham v. Anglesey, Gilb. Eq. Rep. 17. To obviate the latter objection, it is maintained by Mr. Sanders that tenant in tail is within the statute of Hen. 8 ; an opinion which, it is submitted, is directly opposed to the general stream of authority. Co. Lit. 19, b.; Shep. Touch. 509; Gilb. on Uses, 11, and Sir E. Sugden's note, ibid. INTRODUCTION. 85 was in the trustee ; the latter, because a termor is said to be possessed, and not to be seised of the property. *In the room of uses which were thus destroyed as they arose, r;i,Q-| the judges by their construction of the statute created a novel L J kind of interest, since distinguished by the name of Trust. Before the statute of Hen. 8, a person, to have had the complete ownership, must have united the possession of the land and the use of the profits. The possession and the use were even at common law recognised as distinct interests, though the cestui que use was left to chancery for his remedy. («i) On a feoffment to A. to the use of B. to the use of C, the possession was in A., the use in B., and the limitation over to C. was disregarded as surplusage. When the statute of Hen. 8, was passed, it executed the estate in B. by annexing the possession to the use ; but having thus hecome functtis officio it did not, as the act was construed, affect the use over to C. Howevei", chancery, now that uses were converted into estates, decreed C. to have a title in equity, and enforced the execution of it under the name of a trust, (n) " Interests in land," said Lord Hardwicke, " thus became of three kinds : first, the estate in the land itself, the ancient common-law fee ; secondly, the use which was originally a creature of equity, but since the statute of uses it drew the estate in the land to it, so that they were joined and made one legal estate; and, thirdly, the trtist, of which the common law takes no notice, but which carries the beneficial interest and profits in a court of equity, and is still a creature of that court, as the use was before the statute. "(o) This newly-created interest was held to be so perfectly ^distinct r^^-, from the ancient use, that the statutory provisions, by which many L J of the mischiefs of uses had been remedied, as the 19 Hen. 7, c. 15, by which uses had been made liable to writs of execution, and the 26 Hen. 8, c. 13, by which they had become forfeitable to the crown for treason, were decided to have no application. (1) However, the trust took the likeness of the use, conforming itself to the nature of special trusts and trusts of chattels, which had never been disturbed by any legislative enactment. To show how the principles of uses prevailed after the statute of Hen. 8, it was held in the reign of Elizabeth, (p) that the equitable term of a feme covert did not vest in the husband by survivorship, for a trust, it was said, was a thing in privity, and in nature of an action, and no remedy for it but by writ of sulpoena. And a few years after in the same reign {m) Lit. s. 462, 4G3; Co. Lit. 272, b ; and see Carter, 197; Porey v. Juxon. Nels. 135; Megod's case, Godb. 64. in) See Hopkins v. Hopkins, 1 Atk. 591. (0) Willet V. Sandford, 1 Ves. 186 ; Coryton v. Helyar, 2 Cox, 342. {p) Witham's case, 4 Inst. 87 ; S. C. Popham, 106, sub nomine Johnson's case. (1) As the statutes relating to uses have never been repealed, but are merely inoperative from the want of any subject-matter, the question suggests itself whe- ther they be not still applicable to a use created by a bargain and sale not by in- denture, or by indenture not duly enrolled; for as the 27 Hen. 8, c. 10, is pre- vented from transferring the possession, the old common-law use seems in this case to survive. See Shep. Touch. 508. S6 LEWIX ON THE LAW OF TRUSTS, ETC. it was resolved by all tlie judges that a trust was a matter of privity and in nature of a cliose in action, and therefore was not assignable. (5) And in the sixth year of King Charles the First it was decided by the judges, that as a feme was dowable by act or rule of law, and a Court of Equity had no jurisdiction where there was not fraud or covin, the widow of a trustee was entitled beneficially to her dower out of the trust estate. (r) _j^ „ -, But during the reigns of Charles the First and Charles *the t J Second, and particularly during the chancellorship of Lord Not- tingham, who, from the sound and comprehensive principles upon which he administered trusts, has been styled the father of equity,(s) the courts gradually threw off the fetters of uses, and disregarding the operation of mere technical rules, proceeded to establish trusts upon the broad foun- dation of conformity to the course of common law. " In my opinion," said Lord Mansfield, '< trusts were not on a true foundation till Lord Not- tingham held the great seal ; but by steadily pursuing from plain prin- ciples trusts in all their consequences, and by some assistance from the legislature, a noble, rational, and uniform system of law has since been raised ; so that trusts are now made to answer the exigencies of families and all purposes, without producing one inconvenience, fraud, or private mischief, which the statute of Hen. 8, meant to avoid. "(^) As to the changes that were successively introduced, it was held with reference to the trustee, that actual confidence in the person was no longer to be looked upon as essential. A body corporate therefore was not exempted from the writ of subpoena on the ground of incapacity ;(») and even the king, notwithstanding his high prerogative, was invested with the character of a royal trustee,(ij) though the precise mode of enforcing the trust against him was not exactly ascertained : to use the language of Lord Northington, " the arms of equity were very short against the r *n 1 pi'srogative.'Yw) The subtle distinctions which had ^formerly L J attended the notion oi. privity of estate were also gradually dis- carded. Thus it was laid down by Lord Hale, that tenant in dower should be bound by a trust as claiming in the per by the assignment of the heir ;(a:) and so it was afterwards determined by Lord Nottingham 5(3/) and when an old case to the contrary was cited before Lord Jeffries, it was unanimously declared both by the bench and the bar to be against equity and the constant practice of the court. (2) A tenant by statute merchant was held to be bound upon the same principle, for he took, it was said, by the act of the party, and the remedy which the law gave thereupon. (a) But as to tenant by the curtesy. Lord Hale gave his {q) Sir Moyl Finch's case, 4 Inst. 86. (r) Nash v. Preston, Cro. Car. 190. (s) Philips V. Brydges, 3 Ves. 12T ; Kemp v. Kemp, 5 Yes. 858. (0 Burgess v. Wheate, 1 Ed. 223. (m) See Green v. Rutherworth, 1 Ves. 468 ; Attorney-General v. Whorwood, 1 Ves. 536. ' > J {v) See Penn v. Lord Baltimore, 1 Ves. 453 ; Earl of Kildare v. Eustace, 1 Vern. -29- {iv) Burgess v. Wheate, 1 Ed. 256. {x) Pawlett T. Attorney-General, Hard. 469. {y) Noel v. Jevon,-Freem. 43. {z) MS. note by an old hand in the copy of Croke's Reports in Lincoln's Inn Library, Cro. Car. 191. (a) Pawlett v. Attorney-General, Hard. 467, per Lord Hale. I X T R D U C T I N. 87 opinion, that one in the posi should not be liable to a trust without express mention made hy the party xcho created it ; and therefore tenant by the curtesy should not be bound :(6) but his lordship's authority on this point was subsequently overruled, and curtesy as well as dower was made to follow the general principle. With respect to the cestui que trust, or the person entitled to the sub- poena, the narrow doctrine contained under the technical expression of privity began equally to be waived, or rather to be applied with conside- rable latitude of construction. " The equitable interest," said Justice Kolle, "is not a thing in action, but an inheritance or chattel, as the case may fall out;"(c) and when once the trust, instead of passing as a chose in action, came to be treated on the footing of an actual estate, it soon drew to *it all the rights and incidents that accompanied p^-.,^.. property at law; thus, the equity of the cestiii que trust, though L - J a bare contingency or possibility.^cZ] was admitted to be assignable ;(e] and Witham's case, that a husband who survived his wife could not, for want of privity, claim her equitable chattel, was declared by the court to be no longer an authority. (/) So a judgment creditor, it was held by Lord Nottingham, might prosecute an equitable fieri facias ;{()^ and though Lord Keeper Bridgman refused to allow an equitable elegit,{Ji^ it is probable, had the question arisen before Lord Nottingham, his lord- ship would in this, as in other cases, have acted on a more liberal prin- ciple ; at all events, the creditor's right to relief in this respect has since been established by the current of modern authority, (i) Again, a trust was decided by Lord Nottingham to be assets in the hands of the heir ;(^-) and though Lord Gruildford afterwards oveiTuled this decision, (?) yet Lord Nottingham's view of the subject appears to have been eventually esta- blished. (?h) Curtesy also was permitted of a trust estate, though the widow of cestui que trust could never make good her title to dower ;(?ij "not," said Lord Mansfield, "on reason or principle, but because wrong determinations had misled in too many instances to be then setright;"(o) or rather, as Lord Redesdale thought, because the admission of dower would *have occasioned great inconvenience to purchasers — a r ^i:-! o -i mischief that in the case of curtesy was not equally to be appro- L ' J hended.(p ) Lord Mansfield was for carrying the analogy of trusts to legal estates, beyond the legitimate boundary. " A use or trust," he said, " was heretofore understood to be merely as an agreement, by which the trus- tee and all claiming from him in privity were personally liable to the cestui que use, di\i(\. all claiming under him in like privity ; nobody in {b) S. C. lb. 469. (c) King V. Holland, Stvl. 21 ; see Casburne v. Casburne, 2 J. & W. 196. \d) Warmstrey v. Taufield, 1 Ch. Re. 29 ; Lord Cornburj v. M:iddleton, 1 Cb: Ca. 208 ; Goring v. Bickerstaff, 1 Ch. Ca. 8. («) Courthope v. Hevman, Cart. 25, per Lord Bridgman. (/) King V. Holland. Al. 15. \g) Anon. case, cited Balsh v. Wastall, 1 P. W. 445; Pit v. Hunt, 2 Ch. Ca. 73. (h) Pratt V. Colt. Freem. 139. (0 See infra. (k) Gre3' v. Colville. 2 Ch. Re. 143. (/) Creed v. CovUe, 1 Vern. 172. (m) See infra. ' («) Colt v. Colt, 1 Ch. Re. 254. (o) Burgess v. Wheate. 1 Ed. 224. {f) See infra. 8g LEWIN OX THE LAW OF T R T S T S, ETC. the post was entitled under or bound by tbe agreement ; but now the trust in this court is the same as the land, and the trustee is considered merely as an instrument of conveyance." (?) And in the apphcation of this principle his lordship argued, that the estate of the cestui que tritst was subject to escheat, and that, on failure of heirs of the trustee, the lord who took by escheat was bound by the trust. But to these propo- sitions the courts of equity have never yet assented. The hmit to which the analocry of trusts to legal estates ought properly to be allowed was well enunciated by Lord Northington in the case of Burgess v. Wheate. " It is true," he said, " this court has considered trusts as between the trustee, cestui que trust, and those claiviing under them, as imitating the possession ; but it would be a bold stride, and, in my opinion, a dangerous conclusion, to say therefore this court has considered the crea- tion^and instrument of trust as a mere nullity, and the estate in all re- spects the same as if it still continued in the seisin of the creator of the trust, or the person entitled to it: for my own part Ihnow no instance where this court has perynitted the creation of the trust to affect the bright of a third person ;"(r) that is, to illustrate the principle [ ""^^ J by instances, a tenant by the curtesy, or in dower, or by elegit, as claiming through the cestui (jue trust or trustee, though in the jwst, is bound by and may take advantage of the trust ; but, according to Lord Northington, the lord, who comes in by escheat is not in any sense a privy to the trust, and therefore can neither reap a benefit from it on failure of heirs of the cestui que trust, nor is bound by the equity on failure of heirs of the trustee. (s) [*1.5] CHAPTER L DEFINITION OF A TRUST. As the doctrines of trusts are equally applicable to real and 2>ersonal estate, and the principles that govern the one will be found, mutatis mutandis, to govern the other, we cannot better describe the nature of a trust generally, than by adopting Lord Coke's definition of a use, the term by which, before the Statute of Uses, a trust of lands was desig- nated. (o) A trust, in the words applied to the use, may be said to be " A confidence reposed in some other, not issuing out of the land, hut as a thing collateral, annexed in privity to the estate of the land, and to the person touching the land, for %chich cestui que trust has no remedij but by subpoena in Chancery." (b'j 1. It is a confidence ; not necessarily a confidence expressly reposed by (q) Burgess v. Wheate, 1 Ed. 226. (r) lb. 250, 251. [s) It is clear that the lord cannot acquire an equitable interest by escheat ; Burgess V. Wheate, I Ed. 177; Cox v. Parker, 2 Jur. N. S. 842; but whether a lord taking the legal estate by escheat shall or not be bound by the trust, has never been decided. See Evans v. Brown, 5 Beav. 114 ; Viscount Downe v. Mor- ris, 3 Hare, 409. (a) Burgess v. Wheate. 1 Ed. 248, per Lord Keeper Henley ; Lloyd v. Spillet, 2 Atk. 150, per Lord Harkwicke. ' (6) Co. Lit. 272, b. DEFINITION OF A TRUST. 89 one party in anotlier, for it may be raised by implication of law : and the trustee of the estate need not be actually capable of confidence, for the capacity itself may be supplied by legal fiction, as where the administra- tion of the trust is committed to a body corporate ; but a trust is a con- fidence, as distinguished from^^s in re andy»s ad rem, for it is neither a legal property, nor a legal right to property.(c) 2. It is a confidence reposed in some other ; not in some other than the author of the trust, for a person may convert himself into a trustee, but in some other than cestui que trust ; for as a man cannot sue a sub- poena against himself, he cannot be said to hold upon trust for himself. ((/) If the legal and *equitable interests happen to meet in the same r »:-i p -i person, the equitable is for ever absorbed in the legal ; as if A. be L -■ seised of the legal inheritance ex parte paterna, and of the equitable ex parte materna, upon the death of A. the heir of the maternal line has no equity against the heir of the paternal. (e) And the same rule prevails as to leaseholds for lives. (/) If, for instance, the legal estate in a free- hold lease be vested in a husband and his heirs, in trust for the wife and her heirS; the child who is the heir of both, and takes the legal estate ex parte paterna, and the equitable estate ex parte materna, will, by the merger of the equitable in the legal, become seised both at law and in equity ex parte paterna, and the subsequent devolution will be regulated accordingly. But this rule holds only where the legal and equitable estates are co- extensive and commensurate ; for if a person be seised of the legal estate in fee, and have only a partial equitable interest, to merge the one in the other might occasion an injurious disturbance of rights. Thus before the Fines and Recoveries Act,((7) if lands had been conveyed to A. and his heirs, in trust for B. in tail, with remained to A. in fee, had the equitable remainder limited to A. been converted into a legal estate, it would not have been barrable by B.'s equitable recovery.(/i) Lord Alvanley upon this case observed — " It was maintained, that where there is in the same person a legal and equitable interest, the former absorbs the latter. I admit that where he has the same interest in both, he ceases to have the equitable estate, and has the legal estate, upon which the court will not act, but leaves it to the rules of law ; but I do not by any means admit, that where he has the whole legal estate and a partial equitable estate, the latter sinks into the former. It has been very ably argued, that there seems an absurdity in saying he had an equitable remainder for himself, *where he had the whole legal j- ^y. -. fee ; but it is much more absurd to say he had a legal remainder. L J (c) Bacon on Uses, 5. See Wainewright v. Elwell, 1 Mad. 634. {d) Goodright v. Wells, Dougl. 747, per Lord Mansfield. (e) Selby v. Alston, 3 Ves. 339; Goodright v. Wells, Dougl. 747, per Lord Mans- field ; Wade v. Paget, 1 B. C. C. 363 ; S. G. 1 Cox, 74 ; Philips v. Brydges, 3 Ves. 126, per Lord Alvanley; Finch's case, 4 Inst. 85, 3rd resolution; Harmood v. Og- lander, 8 Ves. 127, per Lord Eldon. (/) Creagh v. Blood, 3 Jones & Lat. 133. (^) 3 & 4 W. 4, c. 74. {h) Philips V. Brydges, 3 Ves. 120 ; Robinson v. Cuming, Rep. t. Talb. 164 ; S. C. 1 Atk. 473 ; and see Boteler v. Allington, 1 B. C. C. 72 ; Merest v. James, 6 Mad. 118. 90 LEWIN ON THE LAW OF TRUSTS, ETC. It is impossible— it would be a solecism — to state to a lawyer that be could bave an estate in fee witb a remainder in tail expectant in law upon it ; but tbere is no sucb absurdity in saying be migbt bave the whole legal estate, and a limited interest in the beneficial interest of that estate. "When I am told that legal and equitable estates cannot subsist in the same person, it must be understood always witb this restriction — that it is the same estate in law and in equity : for then tbere is no person upon whom the court can act — the equitable estate is absorbed — the better phrase is, that it is no longer exists ; but when for the pur- poses of justice it is necessary it should exist, that circumstance shall not put a party entitled into a worse condition. (t)" Again, in Habergham v. Vincent,(A-) a testator devised copyhold lands to five trustees, upon trust to convey the estate to certain uses, which failed, with an ultimate limitation to the heirs of the surviving trustee. On a bill filed by the heir-at-law of the testator against the surviving trustee, Lord Loughborough observed — " It is impossible to contend that under the limitation to the right heir of the surviving trustee, the trustee can take the fee beneficially." But on a subsequent day, he added — "I am not so clear that if anything passed under the remainder to the right heir of the surviving trustee, it would not be the fee to the trustee him- self. Otherwise I must declare him a trustee for bis own right heir. I doubt whether a man having the legal estate himself could be a trustee of the equitable interest for his own right heir. I take it a man owes no duty to his own heir-at-law." But eventually the court arrived at a dif- ferent conclusion, and a settlement was directed, so as to give the ultimate remainder to the right heir of the trustee as a purchaser. In the case of a mortgage in fee it is said, a man and bis heirs are trustees for himself and his executors -Jl) the meaning is that, until a release, or foreclosure of the equity of redemption, the interest of the P ^, Q -. mortgagee is of the nature of ^personalty, and passes on his death L -I to his personal representative ; the heir, therefore, takes the estate upon trust for the executor. A release or foreclosure, unless it happen in the lifetime of the mortgagee, comes too late after his decease to alter the character of the property, for, as the tree falls, so it must lie.(^m'^(l) 3. A trust is not issuing out of the land, hut as a thing collateral to it. A legal charge, as a rent, issues directly out of the land itself, and therefore binds every person, whether in the per or post, whether a pur- chaser for valuable consideration or volunteer, whether witb notice or without ; but a trust is not part of the land, but an incident made to accompany it, and that not inseparably, but during the continuance only of certain indispensable adjuncts ; for — (0 Philips v. Brydges, 3 Yes. 125-12Y. {k) 2 Yes. jun. 204. {l) Kendal v. Micfield, Barn. 50, per Lord Hardwicke. [m) Canning v. Hicks, 2 Cb. Ca. 187: S. C. 1 Vern. 412; Tabor v. Grover, 2 Yern. 3G7 ; S. C. 1 Eq. Ca. Ab. 328 ; Clerkson v. Bowyer, 2 Yern. 66 ; Gobe v. Earl of Carlisle, cited ib. ; Wood v. Nosworthy, cited Awdley v. Awdley, 2 Vern. 193. (1) But if the heir foreclose, or obtain a release of the equity of redemption, it is said he may keep the estate, and pay the executor the debt only. Clerkson v. Bowyer, 2 Yern. 67, per Cur. But qusere. DEFINITION OF A TRUST. 91 4. A trust is annexed in ■privity to the estate, that is, must stand or fall with the interest of the person by whom the trust is created ; as, if the trustee die and leave no heir, it was the opinion of Lord Northington that the lord who takes by escheat is not a privy to the estate upon which the trust was ingrafted, and therefore will not be bound by it, but will hold beneficially. (?i) And upon the same principle, if the trustee be disseised, the tortious fee is adverse to that impressed with the trust, and therefore the equitable owner cannot sue the disseisor in Chancery, but must bring an action against him at law in the name of the trustee. (o) During the system of uses, and also while trusts were in their infancy, the notion of privity of estate was not extended to tenant by the curtesy, or in dower, or by deg!t, or in fact to any person claiming by operation of law, though through the trustee ; but in this respect the landmarks have since been *carried forward, and at the present day a trust r ;|c-|q -i follows the estate into the hands of every one claiming under the L J trustee, whether in the j^er or iwst. A lord by escheat, as Lord North- ington thought, would be still an exception ; and a disseisor is unques- tionably not bound, for he asserts a new and adverse estate. 5. A trust is annexed in privity to the person. To entitle the cestui que trust to relief in equity it is not only necessary he should prove the creation of the trust, and the continuance of the estate supporting it, but should also evince that the assign is personally privy to the equity, and therefore amenable to the suhj^oena. If it can be shown that the assign had actual notice, then, whether he paid a valuable consideration or not, he is plainly privy to the trust, and bound to give it effect ; but if actual notice cannot be proved, then, if he be a volunteer, the court will still affect him with notice by presumption of law ; but if he be a purchaser, the court must believe, that having paid the full value of the estate, he was ignorant, at the time he purchased, of another's equitable title. A purchaser for valuable consideration without notice is therefore the only assign against whom privity annexed to the person cannot at the present day be charged. 6. The cestui que trust has no remedy but hy suhpoena in Chancery : and by chancery must be understood, not exclusively the court of the lord chancellor, but any court invested with an equitable jurisdiction, as opposed to common law courts,(p) and spiritual courts,(5') neither of (w) See Viscount Downe v. Morris, 3 Hare, 394; Evans v. Brown, 5 Beav. 114. (o) Finch's case, 4 Inst. 85, 1st resolution; and see Gilbert on Uses, edited by Sir E. Sugden, p. 429, note 6. {p) Sturt V. Mellish, 2 Atk. 612, per Lord Hardwicke; Allen v. Imlett, F. L. Holt's Rep. 641 ; Holland's case, Styl. 41, per Rolle, J. ; Queen v. Trustees of Orton Vicarage, 14 Q. B. Re. 139 ; Vanderstegen v. Witham, 6 M. & W. 457; Bond v. Nurse, 10 Q. B. Re. 244. lu The Queen v. Abrahams, 4 Q. B. Re. 157, the court professed to proceed upon the legal right, so that the principle was not disturbed, though there may be a question how far the facts justified the assumption upon which the court acted. In Roper t. Holland, 3 Ad. & Ell. 99, a cestui que trust recovered upon an action of debt for money had and received on_ proof of the admission by the trustee that he had a balance in hand for the plaintiff. Sloper V. Cottrell, 2 Jur. N. S. 1046. {q) Miller's case, 1 Freem. 283 ; King v. Jenkins, 3 Dowl. & Ryl. 41 ; Farrington v. Knightly, 1 P. W. 549, per Lord Parker; Edwards v. Graves, Hob. 265 ; Witter V, Witter, 3 P. W. 102, per Lord King. 92 LE WIN ON THE LAW OF TRUSTS, ETC. which have any *cognizance in matters of trust. A common-law L "^ -1 court could never indeed, from the defective nature of its proceed- ings, have specifically enforced a trust; but at one time it affected to punish a trustee in damages for breach of the implied contract :(r) an exercise of authority, however, clearly extra-provincial, and long since abandoned. (s) Should a spiritual court attempt to meddle with a trust, the Court of Queen's Bench might be moved to issue a prohibition. ((!) [*21] *CH AFTER 11. CLASSIFICATION OF TRUSTS. The first and natural division of trusts is into simple and special. The simple trust is where property is vested in one person upon trust for another, and the nature of the trust, not being qualified by the settlor, is left to the construction of the law. In this case the cestui que trust has jus habendi, or the right to be put in actual possession of the pro- perty, and jus disponendi, or the right to call upon the trustee to execute conveyances of the legal estate as the cestui que trust directs. The sp>ecial trust is where the machinery of a trustee is introduced for the execution of some purpose particularly pointed out, and the trustee is not, as before, a mere passive depositary of the estate, but is called upon to exert himself actively in the execution of the settlor's intention ; as where a conveyance is to trustees upon trust to sell for payment of debts. Special trusts have again been subdivided into ministerial (or instru- mented) and discretionary. The former, such as demand no further exercise of reason or understanding than every intelligent agent must necessarily employ; the latter, such as cannot be duly administered with- out the application of a certain degree of prudence and judgment. A trust to convey an estate must be regarded as ministerial ; for, pro- vided the cestui que trust be put in possession of the estate, it is perfectly immaterial to him by whom the conveyance is executed. Mr. Fearne was of opinion, that even a trust for sale should be con- sidered as ministerial ; " for the price," he said, " is not arbitrary, or at the trustee's discretion, but to be the best that can be gotten for the r*22 "1 ®^*^*^' which is a fact to be ascertained *independently of any L J discretion in the trustee."(a) But there is much room for judg- ment in the manner of proceeding to a sale, and the precautions that are taken will have a material influence upon the price. (r) Megod's case, Godb. 64; Jevon v. Bush, 1 Vern. 344, per Lord Jeffries; bmith V. Jameson, 5 T. R. 603, per Buller, J. ; and see 1 Eq. Ca. Ab. 384, D. (a). («) Barnardiston v. Soame, 7 State Trials, 443, Harg. ed., per Chief Justice ^orth ; hturt v. Mellish, 2 Atk. 612, per Lord Hardwicke ; Holland's case. StyL 41, per Rolle, J. ; Allen v. Imlett, F. L. Holt's Rep. 14. T r\,^^D * ,''• ®™'^^' ^ P- ^- '^J Edwards v. Freeman, 2 P. W. 441, per Sir J. Jekyll ; Barker v. May, 4 M. & R. 386. («) Fearne's P. W. 313. CLASSIFICATION OF TRUSTS. 93 A fund in trustees upon trust to distribute among such charitable objects as the trustees shall think &t,(h) or an advowson conveyed to them upon trust to elect and present a proper preacher,(cy) is clearly a discretionary trust ; for the selection of the most deserving objects in the first instance, and the choice of the best candidate in the second, is a matter calling for serious deliberation, and not to be determined upon without due regard to the merits of the candidates, and all the particular circumstances of the case. A trust "to distribute at the discretion of the trustees" is frequently designated in the books as a mixture of trust and 2yoicer,{d'^ that is, a trust of which the outline only was sketched by the settlor, while the details were to be filled up by the good sense of the trustees. The exercise of such a power is imijerative, while the mode of its execution is matter of judgment and discretionary. A mixture of trust arid jioieer is not to be confounded with a common trust to which a power is annexed ; for, in the latter case, the trust itself is complete, and the power, being but an accessory, may be exercised or not, as the trustee may deem it expedient ; as where lands are limited to trustees with a power of varying the securities : for in such a case the power forms no integral part of the trust, but is merely collateral and subsidiary, and the execution of it, in the absence of fraud, cannot be compelled by application to the court. Again, trusts may be divided, with reference to the object in view, into lawful and unlawful. The former, such as are directed to some honest purpose, as a trust to pay debts, &c., which are called by Lord Bacon Intents or Confidences, and will be administered by the court. The latter are trusts ^created for the attainment of some end ^ ^,-,.3 -, contravening the policy of the law, and therefore not to be sane- L "' J tioned in a forum professing not only justice but equity, as a trust to defraud creditors or to defeat a statute. Such are designated by Lord Bacon as Frauds, Covins, or Collusions.(e\ Another divisions of trusts is into ji^Mic and private. By public must be understood such as are constituted for the benefit either of the public at large or of some considerable portion of it answering a pai'ticu- lar description. To this class belong all trusts for charitahle purposes, and indeed public trusts and charitable trusts may be considered as synonymous expressions. (/) In private trusts the beneficial interest is vested absolutely in one or more individuals vsho are, or within a cer- tain time may be definitely ascertained, and to whom, therefore, collec- tively, unless under some legal disability, it is competent to control, modify, or determine the trust; the duration of trusts of the latter kind cannot be extended by the will of the settlor beyond the limits of legal (6) Attorney-General v. Gleg, 1 Atk. 356; Hibbard v. Lambe, Amb. 309; Cole V. Wade, 16 Ves. 27; Gower v. Mainwaring, 2 Ves. 7. (c) Attorney-General v. Scott, 1 Ves. 413 ; Potter v. Chapman, Amb. 98. \d) Cole v. Wade, 16 Ves. 43 ; Gower v. Mainwaring, 2 Ves. 89. (e) Bac. on Uses, 9. (/) See Attorney-General v. Aspinall, 2 M. & Cr. 622 ; Attorney-General v. Heelis, 2 S. & S. 76 ; Attorney-General v. Corporation of Slire%y3bury, 6 Beav. 220. January, 1858. — 7 94 LEWIN ON THE LAW OF TRUSTS, ETC. limitations, viz., a life or lives in being with an ingraftment of twenty- one years. But tte objects of a public trust are an uncertain and fluc- tuating body, and the trust itself is of a permanent and lasting character, and is\ot confined within the limits prescribed to a settlement upon a private trust. (^) [*24] *CHAPTER III. OF THE PARTIES TO THE CREATIOX OF A TRUST. Now that we have defined and distributed trusts, we shall next enter upon the creation of them ; first, by the act of a party, and secondly, by operation of law. Upon the subject of the former class, we propose to treat, First, Of the necessary parties to the creation of a trust; Secondly, What property may be made the subject of a trust; Thirdly, With what formalities a trust may be created ; Fourthly, What may be the object or scope of a trust; and Fifthly, In what language a trust may be declared. In this chapter, we shall consider the necessary par- ties to a trust. SECTION I. OF THE SETTLOR. The creation of a trust implies the presence of three persons, or at leastof three characters, namely, — l,a settlor; 2, a trustee; and 8, a cestui qxie trust. As the creation of a trust is a modification of property in a particular form, it may be laid down as a general rule that whoever is competent to deal with the legal estate, may vest it in a trustee for the purpose of exe- cuting the settlor's intention. The sovereign, as to his private property, may, by letters patent, grant it to one person upon trust for another. (a) But the trust must appear upon the face of the letters patent ; for if the grant be expressed to be made to one person, a trust in favour of another cannot be proved by r*9f; n i'f'^''-'^ ill favour of *another, for this would contradict the nature L "^ J of the instrument which purports to be an act of bounty to the grantee. (6) However, if the grant be to A. and his heirs with the limita- tion of a beneficial interest to A. for life only, a trust of the remainder will not pass to the grantee, but will result to the crown, for the pre- sumption of bounty as to the whole is rebutted by the declared intention as to the part.(c) All prizes taken in war vest in the sovereign, and may by the royal warrant be granted to trustees upon trust to distribute in a prescribed form amongst the captors ; but an instrument of this kind is held not to (g) Christ's Hospital v. Grainger, 1 Mac. & Gord. 460. (a) Bac. on Uses, 66. (b) Fordyce v. Willis, 3 B. C. C. 511. (c) Bac. on Uses, 66. r ARTIES TO THE CREATION OF A TRUST. 95 vest an interest in tlie cesfuis que trust whicli they can enforce in equity, but to resemble a power of attorney for reducing the prizes into posses- sion, or a creditor's deed to which the creditors are not parties, and may at any time be revoked or varied at the pleasure of the sovereign before the general distribution. (cZ) The crown may by will bequeath its private personal property to one person in trust for another, but the will must be in writing and under the sign manual, (e) though the Ecclesiastical court has no jurisdiction to admit it to probate. (/) As to the power of Corporate Bodies to create a trust, it was compe- tent to them, before the late Municipal Corporations Act,((7) (subject as to ecclesiastical corporations to the restraining statutes of Elizabeth,) to alienate their property, and as a consequence to vest it in a trustee. (A) But now civil corporations are themselves trustees of their property, for the public purposes prescribed by the Municipal Corporations Act, and are debarred from alienating their real(;')or personal estate(A;) without the consent of the Lords of the Treasury. A Feme Covert may create a trust of real estate, but it must be with the consent of her husband, and there must be all the attendant formali- ties required by the Fines and Recoveries *Act. It is some- j- ^,->p -. what singular that by our law a married woman is under a total L " J disability as to her choses en action. The husband, however, may create a trust of them sub modo : that is, if they be reduced into possession during the coverture, the settlement will be unimpeachable, but if they remain choses en action at the death of the husband, the wife will be entitled to them by survivorship. And the husband may, subject to the wife's equity to a settlement,^?) create a trust of the wife's equitable chattel real,(wi) unless the chattel be of such a nature that it cannot pos- sibly fall into possession during the coverture. (») As regards property settled to the separate use of a feme covert, with- out a clause against anticipation, she is to all intents and purposes con- sidered a feme sole, as if real estate be conveyed to a trustee and his heirs, or if personal estate be vested in a trustee and his executors upon trust for the feme covert, for her sole and separate use, and to be at her sole disposal as to the fee simple in the one case and the absolute interest in the other, she has the entire control and may exer- cise her ownership or implied power of appointment by creating a trust, extending even beyond the coverture. If the feme covert be tenant for life only to her separate use without any clause against anticipation, she has full power to make a settlement of her life estate. Where the power of anticipation is restrained the feme covert of course can make no dis- position of the property, except as to the annual produce which has actually become due. {d) Alexander v. Duke of Wellington, 2 R. & M. 35. (e) 39 & 40 G. 3, c. 88, s. 10. (/) Williams on Executors, 13, 5th ed. (g) 5 & 6 W. 4, c. 76. (A) Colchester v. Lowten, 1 V. & B. 226. (i) 5 & 6 W. 4, c. 76, s. 94. \k) Attorney-General v. Aspinall, 2 M. & Cr. 613 ; Attorney-General v. Wilson, Cr. & Ph. 1. [l) Hanson v. Keating, 4 Hare, 1. {m) Donne v. Hart, 2 R. & My. 360. (w) Duberly v. Day, 16 Beav. 33. 96 LEWIX ox THE LAW OF TRUSTS, ETC. If an Infant before the Fines and Recoveries Act had levied a fine or suffered a recovery, he might also have declared the uses,(o) and unless the fine or recovery had been reversed by him during his nonage he had been bound by the declaration, (p) but deeds have now been substituted for fines and recoveries, and every deed of an infant, whether under the act or independent of it, either is void or may be avoided. An infant at the present day might make a feoffment and at the same time declare a use upon it, and both feoffment and use *would be voidable [ '^-' ] only and not void,(2) and by analogy it might be held that the infant can also engraft a trust upon the legal estate, but a court of equity would never allow any equitable interest to be enforced against the infant to his prejudice, but would give him the same power of avoidance over the equitable as he had over the legal estate, and if the infant has died without having avoided the trust, it is conceived that a court will still investigate the transaction, and see that no unfair advantage had been taken, (r) An infant may by the custom of Kent for valuable consideration cer- tainly, and according to the better opinion, without value,(s) make a feoffment at the age of fifteen, and upon such feoffment he may declare uses. (A But a court of equity would no doubt confine such a custom within its narrowest bounds, or as trusts have sprung into being since the statute of Hen. 8, might hold the custom to be void as of recent growth in respect of the equitable interest, and at all events would not allow the custom to be made an instrument of fraud. Before the late Wills Act^u) an infant of the age of fourteen years might have bequeathed his personal estate and have created a trust of it, but now, as regards personal as well as real estate, every testator must be of the age of twenty-one years. Lunatics or Idiots might, before the Fines and Becoveries Act, have levied a fine or suffered a recovery, and the uses declared would have been valid until the fine or recovery had been reversed. But now fines and recoveries have been abolished and the deed of a lunatic or idiot is ipso facto void.(v) The feoffment of a lunatic or idiot is voidable by the heir only.^i*) However, should a lunatic or idiot engraft a declara- tion of trust upon a feoffment a court of equity would have jurisdiction to set it aside -jix^ though generally it declines to interfere even in this case as against a purchaser for valuable consideration without notice of the lunacy or idiocy, (y) r*281 *^° Alien may acquire real e&id^iQhy purchase, though he L -J cannot take it by descent or operation of law, and if he purchase (o) Gilb. on Uses, 41, 245, 250. [p) lb. 246. \q) Bac. on Uses, 67 ; Bac. Ab. Uses, E. (r) See Cr. Dig. vol. iv. p. 130. (s) Robinson on Gavelkind. u) Gilb. on Uses, 250. («) 1 Vict. c. 26. {v) But as to the contracts of a lunatic, see Molton v. Camroux, 2 Exch. Rep. 487, 4 Exch. Rep. 1?. ' ^ (w) Co. Lit. 247, b. (X) See Cruise, vol. iv. p. 130, vol. v. p. 253 ; Niel v. Morley, 9 Ves. 478. 284 "^^ ^'' ^^"'"?^0"' 2 ^^^^^- ^ t'O^*^'- 486; Greenslade v. Dare, 20 Beav. PARTIES TO THE CREATION OF A TRUST. 97 it he may hold it until office found, but cannot give an alienee a better title than he had himself. An alien, therefore, can only create a trust of real estate until the crown steps in. As to personal estate an alien enemy cannot even hold it, but an sXiqu friend maybe the lawful owner of chattels personal, and may exercise the ordinary rights of proprietor- ship over them, and consequently may create a trust. With regard Traitors, Felons, and Outlaics, a distinction must be taken between real and personal estate. In high treason, lands, whether held in fee simple, or fee tail,(s) or for life, are upon attainder forfeited absolutely to the crown. (^s) In petty treason and murder,(a) lands in fee (subject to the year, day, and waste of the sovereign,) escheat to the lord of the fee, and lands in tail are forfeitable to the crown for the life of the offender, and on his death devolve on the issue in tail. Outlawry for treason, petty treason, or felony, is equivalent to attainder, and the lands of the outlaw are forfeited, or escheat, exactly in the same manner as if a judgment had been pronounced. (Z^) In treason, petty treason, and felony, or in outlawry for those crimes, the forfeiture works from the time of the offence, and therefore from that date no trust can be created as to lands : but the goods and chattels of traitors, felons, and outlaws, are forfeited only from the time of conviction, or declaration of outlawry, and therefore up to that period the traitor, felon, or outlaw, may vest his goods and chattels in a trustee upon trusts. However, the law will not allow this power of disposition to be exercised collusivcly for the purpose of defeating the just rights of the crown ;(l") but the traitor, felon, or outlaw may sell the goods for valuable consideration. ((/) And so he may assign the property upon trust to secure the hona fide debt of a creditor ;(e) but the existence of the debt must be actually ^proved, and the mere recital of it in the security will not be ^ ^^^^ -. sufficient. (/) An assignment upon a meritorious consideration, L ~" J as a bargain and sale to a trustee for the purpose of making provision for a son, will not support the deed.(^) " Though a sale," said Lord Holt, " hona fide, and for a valuable consideration, had been good, because the party had a property in the goods till conviction, and ought to be reasonably sustained out of them, yet such a conveyance as this could not be intended to any other purpose than to prevent a forfeiture and defraud the king ;" and added, '' that there was a fraud at common law in such a case."(/i) Outlawry in misdemeanors and civil actions is a contempt of court, and works a forfeiture of the profits of the offender's lands for his life, and of his goods and chattels, whether real or personal, absolutely. The person so outlawed, therefore, cannot from that time affect the pernancy (z) 26 Hen. 8, c. 13. See 2 Bac. Ab. 576, 580. \zz) Attainder is necessary to support the crown's right, even to the year, day, and waste. Rex v. Bridger, 1 M. & W. 145. la) See 54 G. 3, c. 145. (6) See Co. Lit. 390, b ; Holloway's case, 3 Mod. 42 ; King v. Ayloff, 3 Mod. 72. (c) See Anon. 2 Sim. N. S. 71. {d) Hawk. Pleas of the Cr., book 2, c. 49. (e) Perkins v. Bradley, 1 Ha. 219 ; Whitaker v. Wisbey, 12 C. B. R. 44. (/) Shaw V. Bran, 1 Stark. 320. {g) Jones v. Ashurst, Skinn. 357. (A) 4 Black. Comm, 387, 388. 98 LE^VIN ON THE LAW OF TRUSTS, ETC. of the profits of his real estate, nor make any settlement of his personal estate. If a man be declared a hanhrupt, all the real and personal estate to which he may acquire a title up to the time of obtaining his certificate, becomes vested in his assignees ;(«) but the surplus after payment of his debts still belongs to him, and of this interest he may create a trust. In the case of an insolvent, all the real and personal estate which may be vested in or may accrue to him up to the date of the final discharge, is transferred by the act to his assignees ;(/»:) and as to subsequently acquired property, the assignees may, by virtue of the judgment to be entered up against him, at any time divest it out of the insolvent by taking out execution, but they must first obtain the order of the court.(/) An insolvent, therefore, can make no settlement of property which he has acquired before the final discharge, and the claim of the assignees, should it be ever advanced, would by the lien of the judgment over-ride a trust of any real or leasehold estate to which he might have become entitled even subsequently to the final discharge. [ *30 ] *SECTIOX 11. WHO MAY BE A TRUSTEE. The Sovereign may sustain the character of a trustee, so far as regards the capacity to take the estate, and to execute the trust ; but great doubts have been entertained whether the subject can, by any legal process, enforce the performance of the trust. The right of the cestui que trust is sufficiently clear, but the defect lies in the rcviecly.i^a\ The Court of Chancery has no jurisdiction over the king's conscience, for that it is a power delegated by the king to the chancellor to exercise the king's equi- table authority betwixt subject and subject. (i) The Court of Exchequer has, in its character of a court of revenue, an especial superintendence over the royal property ; and it has been thought that through that chan- nel a ccstad que trust might indirectly obtain the relief to which, on the general principles of equity, he is confessedly entitled. Xo such juris- diction, however, appears to have been known when Lord Hale was chief baron. (c) Lord Hardwicke once observed in chancery, " I will not decree a trust against the crown in this court, but it is a notion esta- blished in courts of revenue by modern decisions that the king may be a royal trustee ;"(fZ) but the doctrine was still unsettled in the time of Lord Northington.(e) And in a recent case,(/) it was decided that though (i) 12 & 13 Vict. c. 106, ss. 141, 142. {k) 1 & 2 Vict. c. 110, s. 37. [I) i & 2 Vict. c. 110, s. 87. (a) Pawlett v. Attorney-General, Hard. 467, 469; Burgess v. Wheate, 1 Ed. 255; Kildare v. Eustace, 1 Vern. 439. (b) Said by counsel in Pawlett v. Attorney-General, Hard. 468. (c) See Pawlett v. Attorney-General, Hard. 467, 469; and see Wike's case, Lan. 54. ; i > {d) Penn v. Lord Baltimore, 1 Ves. 453; and see Reeve v. Attorney-General, 2 Atk. 224 ; Hovenden v. Lord Anneslev, 2 Sch. & Lef. 617. (e) See Burgess v. Wheate, 1 Ed. 2*55. (/) Hodge V. Attornev-GeneraL 3 Y. & C. 342. PARTIES TO THE CREATION OF A TRUST 99 the Court of Exchequer could decree the -possession of thq p'-operty according to the equitable title, it had no jurrsmction to direct the crown to convey the legal estate. The subject may undoubtedly appeal to "the sovereign by presenting a petition *of right, ((/) and it cannot be j- ,^0-1' -1 supposed that the fountain of justice would not do justipe.(A) L . ■ J A coi'poration could not have been seised to a use, fori {£s was gravety observed, it had no soul, and how then could any confident's be repoecd in it ? But the technical rules upon which this doctrine proeoedod, hav*^ long since ceased to operate in respect of trusts ; and at the pr'^sent day every body corporate is compellable in equity to carry the intention into execution. (A Indeed, every corporation since the Municipal Corpora- tions Act(^) has become a trustee, for a corporation has now no longer the power to alien and dispose of its property, except with the sanction of the lords of the treasury, but is bound to apply it to certain public purposes pointed out by the act; and if there be any misapplication of that fund, there lies a remedy in chancery by information. ^ But although the court has ample jurisdiction to oblige a corporation to the observance of good faith, and the property already vested in a corporate body will be administered upon the trust attached to it, yet by the statute of mortmain no real estate can now be conveyed to a corporation upon anj'^ trust without the license of the crown. However, there is no objection to an assignment or bequest of pure personal estate to a corporation upon a trust. The Bank of England cannot directly or indirectly be made a trustee of stock. The corporation manages the accounts of the public funds, and is charged with the care of paying the dividends ; but refuses, and can- not be compelled by law, to *uotice any rights but those of the j- ^q^, ., legal proprietors in whose names the stock is standing. L ■'J The company will not enter notice of instruments inter vivos upon their books ; and though they are obliged by certain Acts of Parliament to enter the wills, or at least extracts from the wills, of deceased proprietors of stock, the object of the legislature, as the court has now clearly deter- mined, was not to make the company responsible for the due administra- tion of the fund according to the equitable right, but to enable them to ascertain who under the will were the persons legally entitled. (m)(l) {g) As to the transfer of the equity jurisdiction of the Court of Exchequer to the Court of Chancery, see 5 Vict. c. 5, s. 1 ; and Attorney-General v. Corporation of London, 8 Beav. 270, 1 H. of L. Ca. 440. (A) Scounden v. Hawley, Comb. 172, per Dolben, J. ; Reeve v. Attorney-General, cited Penn v. Lord Baltimore, 1 Ves. 446. {i) See Attorney-General v. Lauderfield, 9 Mod. 286 ; Dummer y. Corporation of Chippenham, 14 Ves. 252 ; Green v. Rutherforth, 1 Ves. 468 ; Attorney-General v. Whorwood, 1 Ves. 536 ; Attorney-General v. Mayor of Stafford, Barn, 33 ; Attorney- General V. Foundling Hospital, 2 Ves. jun. 46 ; Attorney-General v. Earl of Claren- don, 17 Ves. 499; Attorney-General v. Caius College, 2 Keen, 165. {k) 5 & 6 W. 4, c. 76. {I) Attorney-General v. Aspinall, 1 Keen, 513, 2 M. & 0. 613 ; Attorney-General v. Borough of Poole, 4 M. & C. 17; Parr v. Attorney-General, 8 CI. & Finn. 409 : Attorney-General v. Corporation of Lichfield, 11 Beav. 120. {m) Hartga v. Bank of England, 3 Ves. 55; Bank of England v. Parsons, 5 Ves. (1) By an act of William & Mary (4 W. & M. c. 3, s. 10,) the will was directed 100 LEl^flX ON TIl^ LAW 01 TKU5T<, ETC. Were the /-onstruetion to' be dthenvise, the Bank of England Tvould be trustee for half the familirt in the kingdom. ^s-tne bank is not bound to recognize even the contents of the will beyord the lecjal devise, a fortiori it will not be converted into a trustee by fi'otiee of anv -^c'reement, by which the interests taken under the will hav\3 subsequefrtiy shifted from one person to another; as, if stock be "-. devised' to A. for life, *with remainder to B., and A. assign to ^'Tf^ ] JB.j'o? B. release to A., although in equity the whole beneficial 665'; Efank of England v. Lnnn, 15 Tes. 5S3, per Lord Eldon ; Humberstone v. eha.-e, 2 Y. & C. 209^ to be entered in the Eeceipt Office of the Exchequer, where the annuities were then payable : but br a subsequent act in the same reign {5 V> . & M c. 20, s. 2U,) the Bank was incorporated; and by statutes of George the First and George the Second (1 Geo. 1. st. ii. c. 19. s. 12 ; 30 Geo. 2, c. 19, s. 49.) it was enacted, that " a person possessed of stock might devise the same by will in writing, attested by two credible witnesses ; but that such devisee should receive no payment thereon, till so much of the will as related to the said stock should be entered in the office of the Bank ; and in default of such devise, the stock should go to the executors or administrators." Upon the effect of these provisions it has been held — 1st, That although stock be specifically devised, and the wiU be duly attested by two witnesses, yet, until the executor assent to the specific bequest, the legal property of the stock remains vested in the executor; and if it be necessary to make use of it as assets, he may bring an action at law against the bank for refusing to transfer in obedience to his directions. Franklin v. The Bank of England, 9 B. & C. 156. And of course the bank cannot obtain an injunction in equity against the legal proceedings; Bank of England v. Moffat, 3 B. C. C. 260 ; Bank of England r. Lunn, 15 Ves. 569; Bank of En°gland v. Parsons, 5 Yes. 665; for, as Lord Eldon observed, if the executor cannot maintain an action at law, the bank has no need of assistance from a court of equity; and if he can maintain his action, then he must be authorized to do so by the statute, and equity cannot interfere. Bank of England v. Lunn, 15 Yes. 583. Lord Thurlow once expressed an opinion that the devise of stock was in the nature of a parliamentary appointment, and did not require the executor's assent ; Pear- son T. Bank of England. 2 Cox, 178, 179 : but he afterwards changed his opinion, and conceived the executors assent to be necessary, as in a specific devise of lease- holds. Bank of England v. MofiFat, 3 B. C. C. 263* ; compare Bank of England v. Parsons, 5 Yes. 668. Lord Eldon said, that, as by a clause in the act, stock could not be attached, sequestered, or taken in execution, during the lifetime of the holder, he had always doubted whether the legislature did not intend to give it a peculiar value by enabling the party to devise it, like land, independently of the executor: but his lordship said, the construction adopted in practice was, that, though specifically bequeathed, it must have the executor's assent, and was liable, as assets, to the payment of debts: Bank of England v. Lunn, 15 Yes. 517. 518; and so the law is now clearly settled. 2ndly, There is no doubt, that, after the executors assent, the specific legatee, if the will was attested by two witnesses, becomes the perfect legal proprietor, and may bring an action at law against the bank for refusing to transfer into his name. See Bank of England v. Lunn, 15 Yes. 518, and following pages. 3rdly, If the stock be specifically bequeathed, but the will be not attested by two witnesses, then the legal property of the funds vests absolutely in the executor : but, as the act does not express how the executor shall apply it, the court considers him to hold it upon trust, subject to the payment of debts, for the person to whom it was informally devised. The legatee could of course have no legal interest in the stock until the executor had made an actual transfer to him. See Bank of England v . Lunn. 15 Yes. 578 ; Rider v. Kidder, 10 Yes. 369 ; Pvipley v. Waterworth, 7 Yes. 440, 452. Xow by the late Will Act (7 Gul. 4, « 1 Y. c. 26,) the gift of stock by will has been put on the same footing with the testamentary disposition of all other pro- perty. By the 8 & 9 Yict. cap. 97. the provisions of the former acts relating to registra- tion of testamentary instruments in the office of the bank, were repealed. PARTIES TO THE CREATION OF A T nU S T. 101 interest has thus become vested in A. or B., the bank will not transfer the stock during the life of A. to the one or the other; but, on A.'s decease, will transfer to B. or his personal representative. However, a suit may be instituted for the purpose of compelling the bank to give effect to the equitable title ; but, the refusal of the company to act with- out the order of the court, will be considered as justifiable and proper, and therefore the bank in such suits will be allowed their costs.(/*) *A/eme covert may be a trustee, but it would not be advisable ^ ^^^ -, to select a, feme covert.{o) There appears, indeed, to be no want of discretion for the due execu- tion of the trust, for a women has no less judgment after marriage than before ■,{p) nay, as was quaintly added by Sir John Trevor, she rather improves it by her husband's teaching.(j) The reasons upon which her disabilities are founded, are her own interest or her husband's, or both;(r) and, where these are not concerned, she possesses as much legal capacity as if she were perfectly sui Juris ; thus, she may execute powers simply collateral,(s) and (somewhat contrary to principle) even powers appendant, or in gross. (^) At law, the trustee is considered as the sole and absolute proprietor, and therefore he can have no power that does not flow from the legal ownership ; but in equity, the absolute interest is vested in the cestui que trvM, and, as the trustee is regarded in the light of a mere instrument, any authority communicated to a trustee must have the character of a power simply collateral. (w) It follows, that if a discretion- ary trust be committed to a feme covert, there is nothing to prevent her due administration of it, so far as relates to her legal judgment and capacity. At the same time it must be admitted that a woman's will is not her own, and that if a trust were confided to difemc covert, the hus- band would, in fact, exercise no little influence. Indeed, as the husband would be liable for her breaches of trust, he must, for his own protection, look to the manner in which she discharges the ofiice.(r) But further, the appointment of a feme covert is attended *with r ^35 -i inconvenience from her inability to join in the requisite assu- L ranees. At common law, if lands be vested in a feme covert upon con- dition to enfeoff another, she may execute the feoffment by her own act, without the intervention of her husband ;(2c) and hence it has been (n) Pearson v. Bank of England, 2 B. C. C. 529 ; Austin v. Bank of England 8 Yes. 522: Marrratt t. The Bank, and Aynsworth v. The Bank, cited lb. 524, note (b). As to making the bank parties, see 39 & 40 G. 3, c. 36. (0) Lake v. De Lambert, 4 Yes. 595. per Lord Loughborough. [p) Compton T. Collinson. 2 B. C. C. 38T, per Buller, J. ; Hearie v Greenbank, 1 Y^=. 305. per Lord Hardwicke: Bell r. Hyde, Pr. Ch. 330, per fcir John Trevor; and see marginal note to Moore v. Hussey, Hob. 95 ; and see Needier v. Bishop of Winchester. Hob. 225. Iq) Bell V. Hvde. Pr. Ch. 330. (>) Comptonv. Collinson, 2 B. C. C. 387, per Buller, J. (s) Co Lit. 112, a; ib. 187. b ; Lord Antrim t. Duke of Buckingham, 2 Freem. 168, per Lord Keeper Bridgnian : Blithe's case. ib. 91, vid. 2nd resolution; Godol- phin V. Godolphin. 1 Yes 23. per Lord Hardwicke. {t) See Sugden on Powers, c. 3, sect. 1. (") See infra. [v) See Sniith v. Smith, 21 Beav. 385. (if) Daniel v. Ubley, Sir W. Jones, 137. 102 LEWIN ON THE LAW OF TRUSTS, ETC. aroued, tliat, ia the case of a trust, she may, equally without her hus- dand's concurrence, convey the estate to the parties equitably entitled. (x) But between the two cases there is this clear and obvious distinction, that a condition is part and parcel of the common law, while a trust is only recognised in the /o?'Hm of a court of equity; except, therefore, the trust be so worded as to bear the construction of a legal condition, it seems impossible to contend that an instrument otherwise inoperative should, from the mere circumstance of the trust, which a court of law cannot no- tice, acquire a validity, (y) Mr. Fonblanque suggests the additional reason, that if a married woman were allowed to convey a trust estate without her husband's concurrence, she might convey it before the several objects of the trust were satisfied, for which he might, jointly with her, be respon- sible to the cestui que trust. {z^ It is almost equally undesirable to' appoint a feme who is single a trustee, for should she marry, the character of the trust is altered, and the husband, as liable for her breaches of trust, must have a control over her acts. On these grounds the court has refused to appoint a feme sole a trustee, as, in the event of her marriage, the inconveniences above suggested would arise. (a) An infant labours under still greater disability than a /ewe covert ; for, first, as regards judgment and discretion, a fane is admitted to have capacity, though she cannot in all cases freely exercise it; but an infant is said altogether to ivant capacity. (i) An infant cannot be steward of r >^op -X the court of a *manor,f c) or attorney for a person in a suit,(<;?) or L -J guardian to a minor,(e) or be a bailiff" or receiver ;(/) but can only discharge such acts as are merely ministerial, as to be an attorney to deliver seisin, () and the king, on inquest found, will be enti- tled to the trust by forfeiture, for the mischief is the same as if the alien had purchased the lands themselves. (j) But the forfeiture vests not in the king the legal estate, (?•) but merely transfers to him the right (A) Bcac. on Uses, 60 ; and see Gilb. on Uses, 44, 204. [i) Middleton v. Spicer, 1 B. C. C. 201 ; Brummell v. Macpherson, 5 Russ. 263. {k) 1 Ed. 188. \l) Burgess v. Wheate, 1 Ed. 187. (m) See Shep. Touch. 509 ; Sand, on Uses, 339, note E; 15 Ric. II. c. 5. [n) Dumoncel v. Dumonccl, 13 Ir. Eq. Rep. 92 ; and see Vin. ab. Alien, A. 8 ; Godfrey v. Dixon, Godb. 275. See Br. Feff. al. Uses, 389, a, pi. 29. (o) King V. Holland, Al. 16, per Bacon, J.; S. C. Styl. 21, per Rolle, J. See Burney v. Macdonald, 15 Sim. 6. But of course the special exceptions in the 7 & 8 Vict. G. 66, s. 5, would apply to the case of an equitable interest. [p) Gilb. on Uses, 43. (q) Attorney-General v. Sands, Hard. 495, per Lord Hale ; Fourdrin v. Gowdey, 3 M. & K. 383. See Burney v. Macdonald, 15 Sim. 6. (r) King v. Holland, Al. 14; Sir John Back's case, cited lb. 16; Attorney- General V. Sands, Hard. 495, per Lord Hale. 108 LEWIN ON THE LAW OF TRUSTS, ETC. of suing a subpoena against the trustee in equity, (s) A distinction has been taken, that although where a trust is perfected in favour of an alien the crown may be entitled, yet where a trust in favour of an alien is not in esse, but only m fieri and executory, the court will do no act to give it to an alien, who, by law, cannot hold. (if) In a recent case(«) it was decided, that where a testator directs an estate to be sold, and the proceeds divided amongst certain persons, some of whom are aliens ; there, as according to the intention which is supposed to be executed at the time of the death, the interest devised, is money, the crown is not entitled, for the mere purpose of working a forfeiture, to exercise an election by retaining the property as land ; and, therefore, that the aliens are not debarred from enjoying their L J *leo^acies in the pecuniary character which the testator stamped upon them. It may be remarked, that in certain cases persons are capable of ta- king an equitable interest, to whom the legal estate could not have been similarly limited. Thus, at common law, no property, real or personal, can be so limited to a married woman, as to exclude the legal rights of the husband during coverture ; but, by way of trust, the benefical inter- est can be placed entirely at the disposal of a married woman, so that she shall be regarded as a feme sole, and the husband shall not partici- pate in the enjoyment. And this may be effected even without the interposition of a special trustee ; the only distinction being that, where no trustee is interposed, the husband will, in respect of his legal rights, be held by a court of equity to be a trustee for his wife,(f) and would, it is conceived, be bound to deal with any legal interest vested in him according to his wife's direction ; while, in the case of the legal interest being vested in a trustee, the husband's concurrence in any act of alien- ation or other dealing of his wife is wholly unnecessary. So the legal estate cannot be limited to the objects of a charity, as to the poor of a parish, in perpetual succession ; but in a court of equity, where the feudal rules do not apply, the intention of the donor will be carried into effect,(?i") provided of course the requisitions of the 9th G. 2, c. 36, be complied with. It may here be observ'ed, that the act just referred to operates, not by producing any incapacity to take as cestui que trust, but by forbid- ding the alienation of land, or of property savouring of the realty, (ex- cept in the mode prescribed by the act,) for objects falling within the legal definition of charitable purposes. {s) King V. Holland, Al. 16, per Rolle, J. ; Roll. Ab. 194, pi. 8. See Burney V. Macdonald, 15 Sim. 6; Burgess v. Wheate, 1 Ed. 188. (t) See Burney v. Macdonald, 15 Sim. 14. (w) Du Hourmelin v. Sheldon, 1 Beav. 79, 4 Myl. & Cr. 525 ; and see Master v. De Croismar, 11 Beav. 184. (v) Newlands v. Paynter, 4 M. & Cr. 408 ; and compare Baggett v. Meux, 1 Coll- yer, 188 ; 1 Phil. 627 ; and Waters v. Wood, 14 M. & W. 166. (w) Gilb. on Uses, 204. WHAT PROPERTY MADE SUBJECT OF A TRUST. IQO ^CHAPTER IV. [=''-i5] "WHAT PROPERTY MAY BE MADE THE SUBJECT OF A TRUST. As a general rule, all property, wlietlier real or personal, may be made the subject of a trust, provided tlie policy of the law, or any statutory enactment, do not prevent the legal proprietor from parting with the beneficial interest in favour of another person. As to lands regulated by a local custom, as copyholds, trusts may also be created; thus, A., tenant of a manor, may surrender to the use of B. and his heirs, upon trust for C. and his heirs. And as equity follows the law, the trust in C. will devolve in the same manner as the legal estate. It will descend for instance not to the heir-at-law, but the custo- mary heir;(a;) and as the copyholder might, until the late act,(7/) have devised the legal estate in the copyhold by a will, neither signed nor attested, ih.^ cestui que trust might in like manner have passed the equit- able interest by a will equally informal. (.-.) The same principle would seem to require that where the legal estate in copyholds was not devisable at all, (a) the cestui que trust should have no power of intercepting by his will the descent of the equitable interest upon the customary heir. The courts, however, have leaned strongly iu favour of a power of testamentary disposition, notwithstanding the want of a custom in respect of the legal estate. Thus in "Wilson v. Dent,(Z*j A. surrendered to the use of B. in fee upon trust for A. for his life, and after his death upon the trusts of his will. The ^custom of the ^ ^ . p -. manor did not recognize any mode of passing the estate by will, L -^ but the court nevertheless decided that the will operated as a testifica- tion, for whose benefit the trustee was to hold the estate, and that the surrenderee was a trustee for the devisees. So in Lewis v. LanCj^c) a copyhold was granted by the lord to A., a purchaser for valuable consideration, for the successive lives of himself and B. A. in his lifetime could have passed the estate by surrender for both lives, but lands held of the manor were not devisable ; and on the death of A., without having surrendered, B., by the custom, could claim admittance for his life. As A. had paid the purchase-money, B. was held to be a trustee for him ; and as A. could not have devised the legal estate, the question was whether his will served to pass the result- ing trust. Lord Cottenham, then M. R., observed: "If there be an equitable interest, how can it be that the owner has not the power of devising it? Can it be said that if A. purchase in the name of B. and pay the purchase-money, the property shall belong to B. and not to A. ? (x) Trash v. Wood, 4 Myl. & Cr. 324. {y) 1 W. 4, & 1 Vict. c. 26. (z) Appleyard v. Wood, Select Ch. Cas. 42 ; Wagstaff v. Wagstaff, 2 P. Will. 258 ; Tufifuell v. Page, 2 Atk. 37. (a) As to the power of devising the legal estate, even before the late Wills Act. see Pike v. White, 3 B. C. C. 286 ; Doe v. Thompson, 7 Q. B. Rep. 887. (b) 3 Sim. 385. (c) 2 Mjl. & Keen, 449. January, 1858. — 8 110 LEWIN ON THE LAW OF TRUSTS, ETC. I cannot agree that this is a question of custom at all, or that, if it were, it would be reasonable." If the custom of the manor permit an entail of the legal estate, an entail may in like manner be created in the equitable ;((^) but if there be no such custom as to the legal estate, there can be no entail of the equitable. "The trust estate of a copyhold," said Lord Hardwicke, '< can in no case be capable of an entail when the legal estate is not, it being necessary that there should be the same rule concerning property in law and in equity."(e) Where, therefore, the equitable interest in lands held of a manor not permitting an entail is limited to A., and the heirs of his body, the estate is not construed as an entail but as a fee conditional, that is, on issue born the condition is fulfilled, and A. may alienate in fee. How far equitable interests may be engrafted on foreign property requires consideration. As regards j^er.sona? estate *there is no L J difficulty, for it follows the person, and if the settlor himself be domiciled within the jurisdiction of the court, all his personal estate, whether in the East or West Indies, or elsewhere, has no locality abroad, but is deemed to be at home, and governed by the law of this country. A trust, therefore, may freely be created of such interests, and would be enforced in equity. In certain cases, however, there might be practical obstructions in the way of executing the trust, from the circumstance of the property lying in fact beyond the reach of the court. As to lands lying in a foreign country, the court will unquestionably enforce natural equities, and compel the specific performance of contracts, provided the parties be within the jurisdiction, and there be no insuper- able obstacle to the execution of the decree. Thus in a West India estate, a tenant in common and consignee had expended various sums in the management of the property ; an inquiry was directed whether there was, by the local law or usage, a lien by a consignee or tenant in common for proper advances to the estate, and the master not finding any such lien for want of evidence before him. Lord Eldon said " that the estate could not be carried on without a con- signee, and that as the person intrusted had made no complaint, he should allow the lien upon the application of general principles to estates in the West Indies. (/) In the leading case of Penn v. Lord Baltimore, ((/) the court enforced certain articles between the parties, for ascertaining the boundaries of two provinces in America ; and Lord Hardwicke observed, that as to the courts not enforcing the execution of this judgment, if that were so, it would be in vain to make a decree ; but though the court could not enforce the decree in rem, it could in personam ; and though the decree could not be enforced by putting the party in possession, yet it could be by process of contempt, which had been originally the only jurisdiction {d) Pullen V. Middleton, 9 Mod. Rep. 484 ; 1 Preston, Conv. 152. (c) The opinion of Watkins, Treat, on Cop. p. 153, and following pages, that there may be an entail of copyholds without a special custom, cannot be main- tained. ' (/) Scott V. Nesbit, 14 Ves. 438. (^) 1 Ves. 444. WHAT PRorEr.TY made subject of a trust. Ill of the court, and known long before the writ of assistance to the sheriff; and his lordship cited several precedents of a similar decree. (A) *In other cases the court has directed an account of the rents ^ ^ , ^ .. and properties of lands abroad,(i) and has ordered an absolute L J sale,(7i) and foreclosure of a mortgage ■,(l) and has relieved against a fraudulent conveyance of an estate abroad ;(m) and has prevented a defendant by injunction from taking possession. (») In Ex parte Pollard, a person entitled to lands in Scotland deposited the deeds on a money advance. By the Scotch law the deposit did not create a lien upon the land, though the transaction carried no illegality with it. The bankruptcy judges held, that had the estate been in England the decree would not only have affected the person, but have bound the land; and as an estate in Scotland could not be affected by the order of the court, specific performance, which was discretionary, would not be decreed. (o) However, on appeal. Lord Cottenham over- ruled this decision, and he observed that though the deposit by the law of Scotland did not create any lien upon the estate, yet he did not find anything in the Scotch law contrary to the well-known rule that obliga- tions to convey perfected secundum legem domicilii, are binding against the person : that contracts as to lands in England were enforced here in personam and in rem, but as to contracts abroai in personam only, which did not interfere with the lex loci rei sitce:(^p) that if the law of the country where the land was situate would not permit or not enable the defendant to do what the court might decree, it would be useless and unjust to direct him to do the act ; but where there was no such impe- diment the courts of this country, in the exercise of the jurisdiction over contracts made here, or in administering equities between parties resid- ing here, acted upon their own rules, and were not influenced by any consideration of what the effect of such contracts might be in the country where the lands are situate, or of the manner in which the courts of such countries might deal with such equities. *Thus the general rule to be collected is that the power of the r*jq n court to administer equities or enforce contracts as to lands L J abroad, extends as far as the actual ability of the parties to carry the decree into effect. But should the foreign law pi*esent an insuperable obstacle, the court will not make a decree which must be nugatory for want of means to carry it out. The case of Waterhouse v. Stansfield(g') will illustrate this distinction. There Moody had contracted to purchase an estate in Demerara, and by an indenture dated the 10th of October, 1846, mortgaged the premises comprised in the contract to the plaintiffs, Waterhouse and Son, to secure 2000^. and interest : 1010/. was still due for the purchase-money, which (h) See 1 Ves. 454; and see Roberdeau v. Rous, 1 Atk. 543; Angus t. Angus, West's Rep. 23. {i) Roberdeau v. Rous, 1 Atk. 543. (k) Roberdeau v. Rous, 1 Atk. 544. (l) Toller V. Carteret, 2 Vern. 494. (m) Arglasse v. Muschamp, 1 Vern. 75. («) Cranstown v. Johnston, 5 Yes. 278. (o) Ex parte Pollard, 3 Mont. & Ayr. 340. {/}) Ex parte Pollard, Mont. & Chitt. 239. {(/) i) Uare, 234; 10 Hare, 254. 112 LEWi:; oy the law of trusts, etc. the plaintiffs, with Moody's consent, discharged, and thereupon the vendor authorized his agent in Demerara to pass the estate to Moody orhismort- gaf'ces. Before'this could be done, Moody, by an indenture of the 15th of ^January, 1847, mortgaged the same premises to Thompson Hankey and Co., to secure a debt owing to them, who sent instructions to their a^ent in Demerara to effectuate their mortgage. An interdict was obtained by him from the court of Demerara, to prevent the completion of the plaintiffs' mortgage. On the 12th of 3Iay, 1847, Moody became bankrupt, and his assignees sold the premises, and received the purchase- moneys, and the plaintiffs now filed their claim, alleging themselves to be equitable mortgagees of the premises, and to have a lien upon the pro- ceeds. It appeared upon the evidence that a mortgage in Demerara could only be by act of court, and that the intention of passing a mortgage must be advertised for three successive Saturdays in the official Gazette, and that every creditor had a right, by an interdict, to prevent his debtor, solvent or insolvent, from .giving a preference by mortgage to any other creditor. The Yice-Chancellor Turner held that the contract, indeed, might bind the bankrupt and the assignees, and yet, by the law of Deme- rara, might not be capable of being fulfilled ; that if it could be decided in favour of the plaintiffs, it must be upon the broad and general ground .^ -, that *the property having been sold, and the proceeds received [ "'■'^ J by the assignees, the rights of the parties were no longer governed by the law of Demerara, the lex loci ret sitm, but must be governed by the law of this country, the Ux loci contractus ; but the vice-chancellor was of opinion that the interest in the proceeds was in substance and effect an interest in the estate itself, and therefore he could not allow the lien upon the proceeds unless it existed by the law of Demerara; also that the lien alleged by the plaintiffs for the part of the purchase-money paid by them was equally a question of Demerara law ; and he therefore directed inquiries whether the plaintiffs had, by the law of Demerara, any lien upon the premises or the proceeds either under their mortgage or by payment of the purchase-money. To a similar principle may be referred the case of Carteret v. Petty. (r) The bill was by a tenant in common for a partition of lands in Ireland, and Lord Nottingham allowed a demurrer to the bill, on the ground that when a defendant could, by personal coercion be compelled to perform the act, the court would decree it, as the payment of money, making a con- veyance, or the like; but where no obedience of the person imprisoned could execute the decree, it was in vain to entertain the bill, and such was this case, for to a partition in chancery it was necessary to award a commission to some neighbouring justices to divide the lands, and if they refused, an attachment lay against them ; but if they executed the com- mission, the court decreed a conveyance, and the enjoyment of the lands in the interim; and on disobedience followed a sequestration and injunc- tion, and a writ of assistance to the sheriff", none of which could be awarded into Ireland, nor be supplied by the obedience of the person imprisoned here. The distinction between this case and Penn v. Lord (r) 2 Swans. 323, note (a,) and 2 Ch.Ca. 214: but see Penn v. Lord Baltimore, 1 Yes. 444, and Belt's Supplement, and TuUoeh v. Hartley, 1 Y. & C. Ch. Ca. 114. "WnAT PROPERTY MADE SUBJECT OF A TRUST. 113 Baltimore, therefore, was, that iu the former the court was called upon to make a, partition , a jurisdiction that could not be exercised, for the reasons stated in the judgment; while in the latter the court compelled the defendant to execute a contract, and do all ^necessary acts r:j:--| -i for that purpose, and if he failed to comply he became liable to L J a contempt. Martin v. Martin(s) was a singular case, and is frequently cited. Maria Martin, an infant, was entitled to considerable personal estate, and to a moiety of a plantation iu Demerara. A suit was instituted for the protection of her estate, and pending the suit, and during the infancy, she intermarried, without the consent of the court, with Anthony Martin. An order was made, referring it to the master to approve of a settlement of her real and personal estate, and by an indenture of the 27th of August, 1802, executed with the sanction of the court, Maria 3Iartin assigned her personal estate to trustees upon trust, after raising a certain sum therein mentioned, to lai/ out the trust estate in government or real securities for her separate use during the coverture, and if she survived her husband, upon trust as to one moiety for her absolutely ; and as to the other moiety, upon trust for the children of the marriage, and if no children, for her absolutely; but if she died in the life-time of her hus- band, upon trust, as to one moiety, for the husband for life, and subject thereto, upon trust as to the whole, for the children, and if no children, for the husband for life, and after his death upon trust as the wife should appoint, or for her next of kin. And as to the Demerara estate, the husband covenanted, and the wife agreed, that it should be conveyed to the trustees upon the like trusts as were before declared concerning the trust moneys, and the stocks, funds, and securities in which the same should be invested, and that the plantation should be considered as per- sonal estate, and that until the conveyance, the rents should be applied in like manner as if the assurance had been actually made. In 180G, A. Martin, and his wife who had now attained the age of twenty-one, pur- ported to convey the Demerara estate to the trustees of the settlement, iu pursuance of the articles. Subsequently, 3Iartin and his wife passed the estate, by an act of court in Demerara, to a mortgagee, for securing advances by him for the benefit of the wife and children, and supplies to the estate. Mrs. 3Iartin afterwards filed her bill to set aside the ^ ^.., -. *mortgage, and have the articles and settlement established. It •- " -■ was found by the master, that by the law of Demerara there was no mode of settling property upon the wife and children ; that the conveyance of 1806 was inoperative, inasmuch as lauds in Demerara could only be passed by an act of court, and that the legal estate was in the mortgagee; that, by the law of Demerara, there was besides a lien upon the property for moneys allowed to a wife and her children, and for supplies to the estate. For the plaintiff, it was argued that, under the articles, the Demerara estate ought to have been sold, and converted into money, and invested upon the trusts of the settlement, and that the mortgagee, having notice of the settlement, was bound by the equity. However, the court decided {s) 2 Russ. & Myl. 507. 114 LEWIN ON THE LAW OF TRUSTS, ETC. that the plaintiff had no equity against the mortgagee, though he had notice, for, assuming that the plaintiff could compel a sale, it must be subject to the prior lien found by the master for advances to the wife and children, and supplies to the estate. Had the lien not existed, the court thought the plaintiff might have compelled a sale as against the husband, but that such equity attached not to the estate, but to the per- son only : that after the institution of a suit, the equity would have bound the estate, but until bill filed, the husband could make a good title even to a purchaser with notice ; and the court instanced the case of a husband, the apparent owner of two estates of equal value, and that he made a settlement of estate A. under the direction of the court, and that the trustees were afterwards evicted by defect of the husband's title : in that case the court would oblige the husband to make a settlement of B., but that until the bill was on the file the husband remained the owner of estate B., and could effectually sell or charge it.((;) The decree in the above case may be supported on the single ground of the mortgagee's lien for advances and supplies, but the distinction taken by the court that the articles could have been enforced against the husband himself, but did not bind a purchaser from him with full notice, r *Kq -I appears to be a *somewhat refined and subtle distinction, and L -J scarcely in harmony with Ex parte Pollard and other cases. A question still remains how far trusts not constructively but properly such can be applied to lands abroad. Should the foreign law itself re- cognize the distinction between the legal and equitable estates, there could be no objection to the execution of trusts here corresponding to those allowed abroad. Should an equitable estate be not known to the foreign law, still should the lands be capable of settlement there, a trust might be legitimately created here, analogous to the limitations permitted by the foreign code. But should the lex loci neither permit an equita- ble estate, nor successive limitations of the legal estate, it could hardly be contended that an English settlement by way of trust could be ingrafted. The law applicable to lands in England has a local character, and the courts act upon the principle that land universally must be governed by the law of the country where it is situate. How then could a system adapted exclusively to lands in England be transplanted and affixed to lands abroad ? Could entails, for instance, be created where none are allowed, and if created, by what machinery could they be barred ? It has been seen that in the case of copyholds, when the cus- tom of the manor does not allow entails of the legal estate, none can be created of the equitable, and the same principle will apply to trusts of foreign lands. The few authorities upon the subject are in accordance with this view. In Martin v. Martin, (?<) cited above, it will be observed that though the court was of opinion that, under the marriage contract, the Demerara estate might have been sold and the trusts attached to the proceeds, it {t) As to personal equities, see further, Morse v. Faulkner, 1 Anst. 11. 3 Sw. 429 note (a ;) Averall v. Wade, LI. & Go. temp. Sugden. 261 ; Johnson v. Holds- worth, 1 Sim.N. S. 108. i & , ; (?«) 2 Russ. & Myl. 507. WHAT PROPERTY MADE SUBJECT OF A TRUST. 115 did not occur either to the bar or the bench that the legal estate could be held upon the trusts of the settlement without a conversion. Again, in Glover v. Strothoff,(i') a testatrix had taken a heritable bond charged upon lands in Scotland in the names of trustees upon trust for her, and by her will executed according to the Statute of Frauds, she devised the heritable bond, and the question was whether the will was not inoperative. *The heir insisted that by the law of Scotland ^ ^r. -, a heritable bond was not devisable. Lord Thurlow asked, <' Is L J not the bond on a trust ?" but it was answered that the trust was a scheme to get rid of the lex loci, and eventually the court directed an inquiry whether by the law of Scotland the heritable bond had passed by the will. In Nelson v. Bridport,(«5) Viscount Nelson, being entitled to the duchy and estate of Bronte, in Sicily, by his will appointed W. Nelson and W. Hazlewood to succeed to the duchy and estate, and devised the same to them accordingly, upon trust nevertheless to settle and convey the premises to the uses and upon the trusts thereinafter mentioned, if the law of Sicily would permit, and if not, then in such manner as in the discretion of his trustees would best correspond with the purposes thereinafter mentioned j that was to say, to the use of W. Nelson for life, with remainder to his first and other sons in tail, with remainder to Mrs. Bolton for life, with remainder to her first and other sons in tail, with remainders over, and the testator empowered his trustees, at their toill and pleasure, to sell the Bronte estate and invest the proceeds in the purchase of lands in England, Ireland, or Wales, to be settled to the like uses, and if the testator's iiitention could he better accomplisTiecl through the medium of a trust than an actual settlement, he authorized the trustees to retain the legal estate until the trusts could he performed, and to apply the rents accordingly. It appeared that the duchy had been granted to Viscount Nelson, so that he or the heirs lawfully descending of his body, or from the person whom he should nominate as after mentioned, should be Dukes of Bronte and hold the duchy accord- ing to the law of the Franks ; and the charter gave him a power to nominate whom he would, whether a relative or not, as a person to whom the like investiture should be granted. On the death of Viscount Nel- son, William Nelson, one of the trustees and tenant for life^ received in- vestiture as Duke of Bronte, and some years afterwards, a law having passed in Sicily enabling the alienation of entailed estates, William devised the property to his daughter. Lady Bridport, who, on his death, entered upon possession. ^Plaintiff" being the person entitled r^^^-i under the limitations in the will of Viscount Nelson, filed his L J bill against Lady Bridport for the recovery of the estate. There was great conflict of evidence as to the law of Sicily, but the court came to the conclusion that the trustees could not have settled the estate in strict accordance with the will, and that the investiture of William Nelson, the first tenant for life, was the nearest approach that could be made to the settlement, and that the absolute ownership conferred by the subse- {v) 2 B. C. C. 33. (w) 8 Beav. 547. 116 LEAVIN ON THE LAW OF TKUSTS, ETC. quent law did not vary the rights of the parties, and, therefore, that William Nelson, having lawfully received investiture in the first instance, could afterwards dispose absolutely of the estate in favour of his daughter. William Nelson was regarded as having acquired the legal estate under the will in execution of the power conferred by the charter, but the court apparently assumed throughout that English trust would have no effect upon a Sicilian estate ; and the Master of the Rolls observed, <' The incidents to real estate, the right of alienating or limiting it, and the course of succession to it, depend entirely on the law of the country where the estate is situated. Lord Nelson having accepted this Sicilian estate could deal with it only as the Sicilian law allowed ; he had a right to appoint a successor, but no right to modify the estate, interest, or or power of disposition to which the successor was entitled by the law of Sicily."(a;) [*56] *CHAPTEIl V. OF THE FORMALITIES REQUIRED FOR THE CREATION OF A TRUST. Upon this subject we propose to treat, First, Of declarations of trusts at common law. Secondly, Of the Statutes of Frauds. Thirdly, Of the Statutes of Wills. And Fourthly, Of transmutation of possession. SECTION I. OF TRUSTS AT COMMON LAW. Trusts like uses are of their own nature averrable, i. e., may be de- clared by word of mouth without writing ;(«) as, if before the Statute of Frauds an estate had been conveyed unto and to the use of A. and his heirs, a trust might have been raised by parol in favour of B.,(6) and since the statute, though in respect of lands a trust cannot be declared by mere parol, no other formality is requisite than a simple note in writing not under seal.(c) But the court, following the analogy of uses, will not permit the aver- ment of a trust in contradiction to any expression of intention on the face of the instrument itself. (c?) (x) 8 Beav. 570. (a) See Fordyce v. Willis, 3 B. C. C. 587 ; Benbow v. Townsend, 1 M. & K. 506; Bagley v. Boulcott, 4 Russ. 347; Crabb v. Crabb, 1 M. & K. 511; Kilpin v. Kilpin, Id. 520. (b) See Bellasis v. Compton, 2 Vern. 294; Fordvce v. Willis, 3 B. C. C. 587 ; Thruxton v. Attorney-General, 1 Vern. 341. (c) Adlington v. Cann, 3 Atk. 151, per Lord Hardwicke ; Boson v. Statham, I Ld. a 13, per Lord Keeper Henley. 3 bV^C^^^ ^" ^^^^^' ^ ^^" ^^^" '^^' ^'^^^^'^ '=^^^' ^ ^^s^- ^^> Fortlyce v. Willis, I FORMALITIES REQUIRED TO CREATE A TRUST. HJ Nor is it necessary in order to exclude averment that the beneficial ownership should be conferred upon the grantee of the legal estate expressly, for a trust cannot be raised by *parol, if, from the ^ ^ . nature of the instrument, or ani/ circumstance of evidence appear- L J ing on the face of it, an intention of making the legal holder the bene- ficiary also, can be clearly implied. Thus a trust cannot be averred, where a valuable consideration is paid •,[e\ and if a pension from the crown be granted to A., a trust cannot be raised by parol in favour of B. ; for a pension is conferred upon motives of honour, and the induce- ments to the bounty are the personal merits of the annuitant.(/) And it was a principle of uses, that, on di feoffment, which could be made by parol, a use might be declared by parol; but where a deed was necessary for passing the legal estate, there the use which was ingrafted could not be raised by averment.((7) As trusts have been modelled after the likeness of the use,(7A the distinction at the present day may deserve consideration. It is laid down by Duke expressly, that, where the things given may pass vnthoxit deed, there a charitable use may be averred by witnesses} but, where the ihin^?, cannot p)ass icithout deed, there charita- ble uses cannot be averred without a deed proving the use.(/) And Lord Thurlow, it is probable, alluded to the same distinction when he observed, " I have been accustomed to consider uses as averrable, but perhaps when looked into, the cases may relate io feoffment, not to con- veyances by bargain and sale, or lease and release. 'V") And in Adling- ton V. Cann,(A') where a testator devised the legal estate in lands to A. and B. and their heirs by a will duly executed, and left an unattested paper referring to trusts for a charity, Mr. Wilbraham in the argument observed, << If this were a voluntary deed, would a j^ciper, even declaring a trvTst, be sufficient to take it from the grantee? no, certainly ;"(/) and it is very observable that Lord Hardwicke, in *referring to this r >^rQ -■ observation, excludes the case of a deed, and lays it down that L -' " if the testator had made z feoffment to himself and his heirs, and left such di paper, this would have been a good declaration of trust."(w) The averment of a trust was never permitted as against a devisee. A devise, as was resolved in Vernon's case, implies a consideration, and therefore cannot be averred to the use of another ;(?)) for that, observes Lord Chief Baron Gilbert, were an averment contrary to the design of the will appearing in the words ;(o) and accordingly in Lady Portington's case,(2)) the Court of Queen's Bench refused to admit evidence against the devisees, both from the Statute of Frauds and aho from the nature of the thing. It is laid down, indeed, by Jenkins, that an averment (c) See Gilb. on Uses, 51, 57; Pilkington v. Bayley, 7 B. P. C. 526. (/■) Fordyce v. Willis, 3 B. C. C. 587. {g) Gilb. on Uses, 270. (X) See Fordyce v. Willis, 3 B. C. C. 587 ; Lloyd v. Spillet, 2 Atk. 150; Attor- ney-General V. Lockley, Append, to Vend. & Purch. No. 16, 11th ed.; Chaplin v. Chaplin, 3 P. W. 234; Attorney-General v. Scott, Rep. t. Talb. 139; Burgess v. Wheate, 1 Ed. 195, 217, 248 ; Geary v. Bearcroft, Sir 0. Bridg. 488. {i) Duke, 141. (/) Fordyce v. Willis, 3 B. C. C. 587. [k) 3 Atk. 141. (/) lb. 145. (m) 3 Atk. 151. (?i') 4 Rep. 4, a. (o) Gilb. on Uses, 162. [p) 1 Salk. 162. 118 LEWIN ON THE LAW OF T K U S T S, ETC. onight be at common law upon a will, though it was in writing ; but his only authority in support of this position is a case that has evidently been mistaken. "A devise," he says (by the custom of London before the Statute of Wills,) ''was to A., B., and C, and that A. should have all the profits during his life. Upon a suit in chancery by the heir of A., the trust of this land was averred to be reposed in the said A., B., and C, to the use of A. and his heirs; and it was so proved. The chancellor made a decree, by the advice of the judges, that A. being dead, his heir should have the \and."{q) But the case, as stated by ritzherbert,(r) from whom it is cited by Jenkins, involved a very different question. A citizen of London had devised to his son and three others, and his will was that one of the three should have the profits for life. The cestui que trust for life died, and the heir (viz. of the testator, and not of the cestui que trust) filed his bill in chancery as entitled to the resulting interest, and prayed a conveyance. It was argued for the trustees, that in a feoffment the use would have resulted ; but in a will the devisees were intended to take every beneficial interest, that was not expressly disposed of from them. But the court refused to recognize the distinction, and decreed a resulting trust to the testator's heir. r*p.O n Upon the same principle the averment of a trust was always L J ^inadmissible as against a legatee, and though the law for a long time fluctuated in respect of an executor claiming the surplus of the personal estate,(s) it was at length determined that even the executor's beneficial title could not be defeated by parol. Upon the latter point the following distinctions were observed : — 1st. Where a person was simply appointed executor, which conferred upon him a legal title to the surplus, averment was not admissible to make him a trustee for the next of kin.((') 2dly. If from any circumstance appearing on the face of the will, as the gift of a legacy to the executor, the law presumed he was not intended to take the surplus beneficially, the executor was at liberty to rebut that presumption by the production of parol evidence,(«) and of course the next of kin might then fortify the presumption by opposing parol evidence in contradiction. But, Sdly. Where the will itself invested the executor with the character of trustee, as by giving him a legacy "for his trouble," or by styling him a " trustee" expressly the prima facie title to the surplus was then in the next of kin, and parol evidence was not admissible to disprove the express intention. (r) By the late Act 11 G. 4, & 1 W. 4, c. 40, an executor \?, prima facie a trustee for the next of kin.(?/') But where there are no next of kin the title of the executor, as against the croicn, is not affected by the statute, but he may still take beneficially. (?) Jenk. 3 Cent. Ca. 26. (r) Fitzherb. Ab. Devise, 22. (s) See Povey v. Juxon, Nels. 135; Fane v. Fane, 1 Vern. 30. (<) Langham v. Sandford, 19 Ves. 644, per Lord Eldon : White v. Williams. 3 V. & B. •?2 ; S. C. Coop. 58. (m) Walton V. Walton, 14 Ves. 322, per Sir W. Grant. {v) Rachfield v. Careless, 2 P. W. 158 ; Langham v. Sandford. 17 Ves. 435 ; S. C. 19 Yes. 641 ; Golding v. Yapp, 5 Mad. 59 ; White v. Evans, 4 Ves. 21 : Walton Y. Walton, 14 Yes. 322, per Sir W. Grant. (w) See Love v. Gaze, 8 Beav. 472. FORMALITIES REQUIIIED TO CREATE A TRUST. 119 The declaratioa of a use by the Jcing must have been by letters- patent ;(x) and it seems the same doctrine is now applicable to trusts. (y) Nor could a use have been declared to the king in the ordinary mode. The king, says Chief Baron Gilbert, " cannot have a feoffee to his use, because he cannot take but by matter of record ; but, if the use he found hy office upon record, then he may take."(2;) However, Lord Bacon *seems to have thought, that the purpose of the inquest was not ^ ^-.^ -. to make, but to find the title ; for he says, " It behoveth both L J the declaration of the use, and the conveyance itself to be matter of record, because the king's title is compounded of both. "(a) SECTION II. OF THE STATUTE OP FRAUDS By the seventh section of the Statute of Frauds(Z>) it is enacted, that " all declarations or creations of trusts or confidences of any lands, tene- ments, or hereditaments, shall be manifested andprovedhj some loriling, signed by the party who is by law enabled to declare such trust, or by his last will in writing, or else they shall be utterly void and of none efi"ect." Upon the subject of this enactment we shall first briefly point out what interests are within the act, and, secondly, what formalities are required by it. 1. Of the interests loithin the act. Copyholds are to be deemed within the operation of the clause, for, as a trust is engrafted on the estate of the copyhold tenant, the rights of the lord, who claims by title paramount, cannot in any way be injuriously afieeted.(c) A trust, therefore, cannot be declared by parol so as to make the copyholder a trustee for another. Mr. Hargrave seems to have thought, that even the iises of a surrender were trusts within the intention of the act ; for, in a note to Coke on Littleton he observes, " A nuncupative will of copyholds was a valid declaration of the uses, where the surrender was silent as to the form, till the 29 Car. 2, required all declarations of trusts to be in writing."(l) But the surrender *of a copyhold to uses is merely a direction to j- 5,,^, -■ the lord in what manner to regrant the estate, and the surrenderee L J is a cestui que use by misnomer only, and not in fact; and indeed the Court of Queen's Bench has expressly decided that uses of copyholds (2) Bacon on Uses, 66. If) Fordjce v. Willis, 3 B. C. C. 577. (z) Gilb. on Uses, 44, 204. (a) Bacon on Uses, 60. (6) 29 Car. 2, c. 3. (c) See Withers v. Withers, Amb. 151 ; Goodright v. Hodges, 1 Watk. on Cop. 227 ; S. C. Lofft. 230; Acherley v. Acherley, 7 B. P. C. 273 ; but see Devenish v. Baines, Pr. Ch. 5. (1) Mr. Watkins argues, and apparently both on principle and authority (see Devenish v. Baines, Pr. Ch. 3,) that a nuncupative will of copyholds was effectual. 1 Wat. Cop. 130. Now by the late Will Act (1 Vict. c. 26,) copyholds have been put on the same footing with other property. 120 LEWIN ON THE LAW OF TRUSTS, ETC. are not within the Statute of Frauds, on the ground that a surrender to uses is not the creation of a trust or confidence apart from the legal estate, but a mode established by custom of transferring the legal estate itself.((/) Chattels real are within the purview of the act, and a trust of them must therefore be evidenced by writing as in the case of freeholds. (e) But chattels personal are not within the act, and a trust by averment will be supported. (/) It has even been held that a sum of money se- cured upon a mortgage of real estate, is not an interest within the act, and that a parol declaration is good.((7) And if a trust be once created by parol declaration, it cannot be affected by any subsequent parol de- clarations of the settlor.(/i) An attempt was formerly made to have a charitahle use excepted from the statute, but Lord Talbot decreed, (i) and Lord Hardwicke affirmed the decision, (y) and Lord Xorthington said every man of sense must subscribe to it, (A;) that a gift to a charity must be treated on the same footing with any other disposition. r*fi91 Lady Portington's case(/') it was held by the Court of L J Queen's Bench, that the crown was bound by the Statute of Frauds, and therefore was not at liberty to prove a superstitious use by parol ; but in the Court of Exchequer it was ruled, on the contrary, that the Statute of Frauds did not bind the crown, but took place only be- tween party and party. Lord Hardwicke expressed his doubts upon the latter doctrine, that the crown is not bound by a statute unless specially named; but at the same time mentioned a case in which that doctrine had been followed. (m) It seems the statute will not apply to lands situate in a colony planted before the Statute of Frauds was passed. (h) Planters carry out with them their own laws as they were subsisting at that time; but subsequent enactments at home will not follow them across the seas, unless it be so specially provided. A fortiori the Statute of Frauds will not affect foreign lands not subject to the crown of England. If a bill be filed to have the benefit of a parol trust of lands, is a de- fendant, who would rely on the Statute of Frauds as a bar, bound to {d) Doe V. Danvers, 7 East, 299. (e) Skett V. Whitmore, Freem. 280 ; Foster v. Hale, 3 Yes. 696 ; Riddle v. Emerson, 1 Vern. 108; and see Hutchins v. Lee, 1 Atk. 447: Bellasis v. Compton, 2 Vern. 294. (/) Bayley v. Boulcott, 4 Russ. 347, per Sir J. Leach ; M'Fadden t. Jenkyns, 1 Hare, 461, per Sir J. Wigram ; S. C. 1 Ph. 157, per Lord Lyndhurst ; Thorpe v. Owen, 5 Beav. 224 ; George v. Bank of England, 7 Price, 646 ; Hawkins v. Gar- dener, 2 Smale & Gif. 451, per V. C. Stuart ; Fordyce v. Willis, 3 B. C. C. 587, per Lord Thurlow; Benbow v. Towusend, 1 M. & K. 510, per Sir J. Leach; Fane V. Fane, 1 Vern. 31, per Lord Nottingham ; Nab v. Nab, 10 Mod. 404. But this case, as reported 1 Eq. Ca. Ab. 404, appears an authority the other way. {g) Benbow v. Townsend, 1 M. & K. 506; and see Bellasis v. Compton, 2 Vern. (A) Kilpin V. Kilpin, 1 M. & K. 520, see 539 ; Crabb x. Crabb, 1 M. & K. 511. («) Loyd V. Spillet, 3 P. W. 344. (y) S. C. 2 Atk. 148; S. C. Barn. 384; and see Adlington v. Cann, 3 Atk. 150. (A) Boson V. Statham, 1 Ed. 513. 1^\^!",^.'^- Poi'tingtoQ, 1 Salk. 162 ; and see Adlington v. Cann, 3 Atk. 146. {m) Adhugton v. Cann, 3 Atk. 154. («) See 2 P. W. 75 ; and see Gardiner v. Fall, 1 J. & W. 22. FORMALITIES REQUIRED TO CREATE A TRUST. 121 plead it ? The analogy of the section of the same statute relating to contracts touching interest in lands, would lead to the inference that to a bill for the execution of a parol trust, the defendant must plead the statute or he will be deemed to waive the bar. The point, however, remains to be decided. (o) 2. What formalities are required hy the statute. The principal point to be noticed is, that trusts are not necessarily to be declared in writing, but only to be manifested and proved hy writing ; for, if there be written evidence of the existence of such a trust, the danger of parol declarations, against which the statute was directed, is effectually removed. (p) It may be questioned whether the act did not intend that the ^declaration ;Vse{/' should be in writing ; for the ^^ ^g -, ninth section enacts, that " all grants and assignments of any trust L J or confidence shall likeicise he in writing, signed by the party granting or assigning the same, or by such last will or devise ;"(^) but, whatever may have been the actual intention of the legislatvire, the construction put upon the clause in practice is now firmly established. The statute will be satisfied, if the trust can be manifested by any subsequent acknowledgment of the trustee, as by an express declaration by him,(r) or any memorandum to that effect,(s) or by a letter under his hand,(f) by his answer in chancery,(ii) or by a recital in a bond,(«) or deed,(2f) &c. ; and the trust, however late the proof, takes effect from the creation of the trust. Even where a lease was granted to A., who afterwards became bankrupt, and then executed a declaration of trust in favour of B., a jury having found upon an issue directed from chan- cery that A.'s name was hona fide used in the lease in trust for B., it was held the assignees of A. had no title to the property. (.t) In another case, on the marriage of Lord Windsor with Miss Tovey, certain estates of his lordship, called Breedon and Redmarley, were omitted from the settlement with a view of selling them and purchasing others more con- venient, which when purchased were to be settled. About the same time Lord Windsor, by Emes, his agent, contracted for the purchase of the manor of Bromsgrove, and Lord Windsor and Emes bound them- selves to pay the purchase-money. The conveyance was made to Lord (o) See Cottington v. Fletcher, 2 Atk. 155 ; Wood v. Midgley, 5 De Gex. M. k G. 41. ^ ^ {p) Forster v. Hale, 3 Ves. T07, per Lord Alvanley ; S. C. 5 Yes. 315, per Lord Loughborough. {q) i. e. A will executed in conformity with section 5. Note that Crooke v. Brooking, 2 Yern. 50, 106, was before the Statute of Frauds. (r) Ambrose v. Ambrose, 1 P. W. 321 ; Crop v. Norton, 9 Mod. 233. (s) Bellamy v. Burrow, Rep. t. Talb. 97. (t) Forster v. Hale, 3 Yes. 696; S. C. 5 Ves. 308; Morton v. Tewart, 2 Y. & C. Ch. Ca. 67; Bentley v. Mackay, 15 Beav. 12; Smith t. Wilkinson, cited 3 Yes. 705 ; O'Hara v. O'Neill, 7 B. P. C. 227 ; and see Gardner v. Rowe, 2 S. & S. 354. (?/) Hampton v. Spencer, 2 Yern. 288 ; Nab v. Nab, 10 Mod. 404 ; Cottington v. Fletcher, 2 Atk. 155 ; Ryall v. Ryall, 1 Atk. 59, per Lord Hardwicke; Wilson v. Dent, 3 Sim. 385. A bill differs from an answer, as it is not sif/ned by the party. See, however, Butler v. Portarlington, 1 Conn. & Laws. 1. (v) Moorcroft v. Dowding, 2 P. W. 314. (iv) Deg V. Deg, 2 P. W. 412. (x) Gardner v. Rowe, 2 S. & S. 346; S. C. affirmed. 5 Russ. 258. 122 LEW IN ON THE LAW OF TRUSTS, ETC. Plymoutli, who *paid the purchase-money himself, and raised it [*^^] by a mortgage of his property. Two years afterwards, Lord Windsor raised the same sum by a mortgage of Breedon and Broms- grove, and paid it to Lord Plymouth, who signed a receipt for it. Lord Plymouth devised Bromsgrove for payment of his debts, but it was held that a trust for Lord Windsor was sufficiently proved within the Statute of Frauds. Creditors, the court said, are favourites, but we must not pay them out of other men's estates ; nor, as Justice Twisten was wont to say, steal leather to mahe poor men shoes. {>/) But with regard to letters and loose acknowledgments of that kind, the court expects demonstration that they relate to the subject-matter ;(s) nor will the trust be executed if the precise nature of the trust cannot be ascertained ;{a) and if the trust be established on the answer of the trustee, the terms of it must be regulated by the whole answer as it stands, and not be taken from one part of the answer to the rejection of another ■,[b) and the plaintiff, if he read the answer in proof of the trust, must at the same time read from it the particular terms of the trust.(c) When the trust is manifested and proved by letters, parol evi- dence may be admitted to show the position in which the writer then stood, the circumstances by which he was surrounded, and the degree of weight and credit to be attached to the letters, independently of any question of construction. (f?) It will be observed, that the words of the statute require the writing to be signed ;[e) and not only the fact of the trust, but also the terms of it, must be supported by evidence under signature ;(/) but, as in the analogous case of agreements under the fourth section of the act,((7) the terms of the trust may be collected from a paper not signed, provided r*PK-i such paper *can be clearly connected with and is referred to L J by, the writing that is singed. (A) The signature must be by the party "Vfho is by law enabled to declare such trust." It has been occasionally contended, that by this description is meant the person seised or possessed of the legal estate ; but it has been decided that whe- ther the property be real(i) or personal,(A-) the person enabled to declare the trust is the owner of the beneficial interest, and who has therefore the absolute control over the property, the holder of the legal estate being a mere instrument or conduit-pipe. (?) (y) Plymouth v. Hickman, 2 Vern. 167. (z) Forster v. Hale, 3 Ves. 708, per Lord Alvanley. (a) Forster v. Hale, 3 Ves. 707, per Lord Alvanley; Morton v. Tewart, 2 Y. & C. Ch. Ca. 80, per Sir J. L. K. Bruce. {h) Hampton v. Spencer, 2 Vern. 288 ; Nab v. Nab, 10 Mod. 404. (c) Freeman v. Tatham, 5 Hare, 329. id) Morton v. Tewart, 2 Y. & C. Ch. Ca. 67, see 77. \e) See Denton v. Davis, 18 Ves. 503. (/) Forster v. Hale, 3 Ves. 707, per Lord Alvanley. (^r) See Vend. & Purch. ch. 3, s. 2. (A) Forster v. Hale, 3 Ves. 696. (?) Tierney v. Wood, 19 Beav. 330. [k) Bridge v. Bridge, 16 Beav. 315; ex parte Pye, 18 Ves. 140, &c. (Zj See Donohoe v. Conrahy, 2 Jones & Lat. 688. FORMALITIES REQUIRED TO CREATE A TRUST. 123 SECTION III. OF THE STATUTES OP WILLS. By the fifth section of the Statute of Frauds(»i) all devises of lands are required to be in writing and signed by the testator, or by some person in his presence and by his direction, and to be attested or subscribed in his presence by three witnesses; and by the nineteenth section, all bequests of personal estate are required to be in writing, with the exception of certain specified cases in which nuncupative wills are allowed. To trace the operation of these enactments (») we must bear in mind that the absolute owner of property combines in himself both the legal and equitable interest, and when the legislature enacts that no devise or bequest of property shall be valid without certain ceremonies, a testator cannot by an informal instrument afi'ect the equitable, any more than the legal, estate, for the one is a constituent part of the ownership as much as the other. Thus a person cannot but by a will duly signed and attested, give a sum of money originally and primarily out of land, for the charge is a part of the land, and to be raised out of it by sale or mortgage ;(o) and if a testator by will duly signed and attested give lands to A. and his heirs *<' upon trust," but without specifying the r ^qq -i particular trust intended, and then by a paper, not duly signed and L J attested as a will or codicil, declare a trust in favour of B., the benefi- cial interest under the will is a part of the original ownership, and can- not be passed by the informal paper, but will descend to the heir-at- law.(p) Again, if a legacy be bequeathed by a will, in writing, to A. " upon trust," and the testator, by parol, express an intention that it shall be held by A. upon trust for B., such a direction is in fact a testa- mentary disposition of the equitable interest in the chattel, and therefore void by the statute, which imposes the necessity of a written will. If it be said that such expression of intention, though void as a devise or be- quest, may yet be good as a declaration of trust, and therefore that where the legal estate of a freehold is well devised, a trust may be engrafted upon it by a simple note in writing ; and where a chattel personal is well bequeathed, a trust of it, as accepted from the seventh section of the Statute of Frauds, may be raised by a mere parol declaration ; the an- swer is, that a wide distinction exists between testamentary dispositions and declarations of trust. The former are ambulatory until the death of the testator, but the latter take effect, if at all, at the time of the exe- cution. "The deed," observed Lord Loughborough, in a similar case, " is built on the will ; if the will was destroyed, the deed I should consider absolutely gone ; the will without the deed is incomplete, and the deed without the will is a nullity."(5) And Mr. Justice Buller observed, " A (w) 29 Car. 2, c. 3. (?i) The statute now in force is 1 Vict. c. 26, but the cases were decided on the Statute of Frauds. (o) See Brudenell v. Boughton, 2 Atk. 2T2. (p) See Adlington v. Cann, 3 Atk. 151. (y) Habergham v. Vincent, 2 Ves. jun. 209. 124 LEWIN ON THE LAW OF TRUSTS, ETC. deed must take place upon its execution, or not at all ; it is not necessary for a deed to convey an immediate interest in possession, but it must take place as passing the interest to be conveyed at tlie execution ; but a will is quite the reverse, and can only operate after death."(r) We may therefore safely assume, as an established rule, that if the intended disposition be of a testamentary character, and not to take effect in the testator's life- time, but ambulatory until his death, such disposition is inoperative un- ' -, less it be declared in writing in ^strict conformity with the sta- t **^' J tutory enactments regulating devises and bequests. (s) Lord Northington once enunciated the proposition, that a writing signed by a party who had power to make a trust, declaring the trust upon the will, is good though such writing be not attested by three wit- nessess according to the solemnities of the Statute of Frauds ;(;) but this is a solitary dictum, and has been long overruled by the highest autho- rities. (?() Inchiquin v. rrench(i') may be mentioned, as the case has been mis- taken. A testator devised all his real estate, charged with debts and legacies, in strict settlement, and gave a legacy of 20,000/. to Sir William Wyndham ; by a deed poll of even date with his will, the testator declared that the 20,000?. was given to Sir William Wyndham upon trust for Lord Clare. "The deed poll," adds Mr. Cox, the reporter, " does not appear to have been proved as a testamentary paper j" and according to the same report, Lord Hardwicke decreed that the legacy of 20,000?. given to Sir William Wyndham, and by the codicil declared to be in trust for Lord Clare, was a subsisting legacy. It might be inferred from this statement, that Lord Hardwicke admitted the deed poll as a declaration of trust; but it will be observed that he calls it a codicil, and from the report of the same case in Ambler(tc) we learn the facts, viz., that Lord Clare was out of the jurisdiction, and Lord Hardwicke declined to entertain the question as to Lord Clare's right in his absence ; but the counsel, for all parties, desiring his lordship to determine whether, r*PQ -1 assuming the legacy to be valid, it was to be paid out of *the L -I real or personal estate, his lordship held, that as the will con- tained a general charge of legacies and the gift by the codicil, though not attested by the Statute of Frauds, was a legacy, it was raisable pri- (r) Habergbam v. Vincent. 2 Yes. jun. 230. («) In Metbam v. Devon, 1 P. W. 529, a testator directed his executors to pay 3000Z. as be sbould by deed appoint, and subsequently the testator by a deed ap- pointed the 3000^. to the children of his son by Mrs. H., and the Court established the gift to the children on the ground that the deed referred to the will, and was part thereof and in the nature of a codicil. It does not appear in this case whe- ther the deed had been proved with the will, but undoubtedly it might have been, as, though a deed in form, it was of a testamentary character. If the deed was not proved, or assumed to have been proved, as part of the will, it is difficult to find any principle upon which the case can be supported from the brief statement of it in the report. {t) Boson V. Statham, 1 Ed. 514. (m) Adlington v. Cann, 3 Atk. 151 ; Muckleston v. Brown, 6 Ves. 67 ; Stickland T. Aldridge, 9 Ves. 519 : and see Puleston v. Puleston, Finch. 312, Jenk. 3 Cent. Ca. 26. {v) 1 Cox. 1. („,) Amb. p. 33. FORMALITIES REQUIRED TO CREATE A TRUST. 125 marily out of the personal estate, and then out of the real estate. This was the only point determined by him. If a testator, hy his will, devise an estate, and the devisee, so far as appears on the face of the will, is intended to take the beneficial interest, and the testator leave a declaration of trust not duly attested, and not communicated to the devisee and assented to by him in the testator's lifetime, the devisee is the party entitled both to the legal and beneficial interest; for the estate was well devised by the will, and the informal declaration of trust is not admissible in evidence. (x) This doctrine, of course, does not interfere with the known rule, that a testator may, hy his will, refer to and incorporate therein, any document which at the date of the will has an actual existence, and is thus made part of the will. Should the testator devise the estate in such language that the will passes the legal estate only to the devisee, and manifests an intention of not conferring the equitable, in short, stamjys the devisee with the charac- ter of trtistee, and yet does not define the particular trusts upon which he is to hold ; in this case, no paper not duly attested (except of course papers existing at the date of the will, and incorporated by reference) will be admissible to prove what were the trusts intended. Nor will the devisee be allowed to retain the beneficial interest himself; but while the legal estate passes to him, the equitable will result to the testator's heir-at-law. (y) And under the present Statute of Wills, the law is the same in reference to a bequest of personal estate. (2) And if it appear by the will that the devisee was meant to *be ^ ^^q -. a trustee, and not to take the beneficial interest, parol evidence l J cannot be received in support of a contrary intention, for this would be not to rebut an equitable presumption, but to act upon parol testimony in contradiction to a written instrument. (o) We now proceed to notice two exceptions to the general rule, that a trust cannot be created by devise or bequest, except with the formalities required by the enactments relating to wills. The first exception existing, however, in the case only of testamentary instruments executed before Jan. 1, 1838,(Z>) was, that a testator might, by a will duly attested, charge his real estates with debts and legacies ; and then a debt subsequently contracted, or a legacy given by a codicil, though not attested, would under the general charge contained in the (x) Adlington v. Cann, 3 Atk. 141 ; and see Stickland v. Aldridge, 9 Ves. 519 ; and observations of Sir J. L. K. Bruce, in Briggs v. Penny, 3 De Gex and Sm. p. 547. (y) Muckleston v. Brown, 6 Ves. 52. Bisliop v. Talbot, as cited ib. GO, was a devise to trustees in trust, but on consulting the Reg. Lib. it appears there was no notice of the trust upon the will, Reg. Lib. 1772, A. fol. 137. In Boson v. Statham, 1 Ed. 508, the devisees were described as trustees, but Ibis circumstance was not adverted to by the counsel or the court. (z) Johnson v. Ball, 5 De Gex & Sm. 85. (a) It should be borne in mind that the point may yet occur in practice in re- ference as well to testators dying after as those dving before 1838. (b) See Langham v. Sandford, 17 Ves. 442; S. C. 19 Ves. 643; Rachfield v. Careless, 2 P. W. 158 ; Golding v. Yapp, 5 Madd. 59; White v. Evans, 4 Ves. 21; Walton V. Walton, 14 Ves. 322. January, 1858.— 9 126 LEWIN ON THE LAW OF TRUSTS, ETC. formal instrument, be raisable out of tlie real estate. The reason is, that debts and legacies being primarily payable out of the personal estate, are a fluctuating charge upon the real estate. The lands only are affected to the extent of the deficiency of the personalty, and the amount of the latter must be uncertain up to the time of the testator's death. The testator, by contracting debts or giving legacies by an unattested codicil, exercised the power which the law allowed him of reducing the personal estate ; and as regards the Statute of Frauds, it was conceived to be immaterial whether the testator diminished the personal assets in this or any other manner.(c) But the exception does not extend to a will so worded as to amount to a reservation of a power to charge by unattested codicil j(c?) nor. it is conceived, to a charge by will of lands with debts and legacies, and a subsequent gift by unattested codicil of legacies to be raised exclusively/ out of the real estate ; this last amounting to the devise of a direct interest in land. r *~n 1 *Another exception to the rule, that parol trusts cannot be L J declared upon a will, is in the case of fraud. The court will never allow a man to take advantage of his own wrong, and therefore if an heir, or devisee, or legatee, or next of kin, contrive to secure to him- self the succession of the property through fraud, the person to whom, but for the intervention of fraud, the property would have passed, may affect the conscience of the legal holder, and convert him into a trustee, a»d compel him to execute the disappointed intention. Thus if the owner of an estate hold a conversation with the heir, and be led by him to believe that if the estate be suffered to descend, the heir will make a certain provision for the mother, wife, or child of the testator, a court of equity, notwithstanding the Statute of Wills, will oblige the heir to make a provision in conformity with the express or implied engagement; for the heir ought to have informed the testator that he, the heir, would not hold himself bound to give effect to the intention, and then the testator would have had the opportunity of inter- cepting the right of the heir by making a will.(e) So if a father devises to his youngest son, who promises that if the estate be given to him he will pay 10,000/. to the eldest son, the court, at the instance of the eldest son, will compel the youngest son to disclose what passed between him and the testator, and if he acknowledge the engagement, though he pray the benefit of the statute in bar, he will be a trustee for the eldest son to the extent of 10,000/. (/J And so, generally, if a testator devises an estate to A. the henejicial owner upon the face of the will, but upon the understanding between the testator and A. that the devisee will as to a part or even the entirety of the beneficial interest hold upon any trust which is lawful in itself, (c) Haberghani v. Vincent, 2 Ves. jun. 23G. S*^} J°,f !• Cunninghame, 12 Ves. 29 ; Swift v. Nasli, 2 Keen, 20. T ^\ ^, , J- ^^"''^' ^ ^''°- ^^- "'21 ; Stickland v. Aldridge. 9 Ves. 519, per Lord Elden ; Harris v. Horwell, Gilb. Eq. Rep. 11. As to tlie limits of the juris- aiciion ot courts of equity, in cases of devises or bequests obtained bv fraud, see Hindson V. Weatlierill, 5 De Gex, M. k G. 301, and the cases there collected. (/) btickland v. Aldridge, 9 Ves. 519. FORMALITIES REQUIRED TO CREATE A TRUST. 127 iu favour of B., the court, at the instance of B., will affect the con- science of A., and decree him to execute the testator's intention. (^) *It often happens that a proposed devisee enters into an r-^.^-,-, engagement with the testator in his lifetime to execute a secret •- -I trust of an unlawful character, one which the policy of the law does not allow to be created by will. In this case the court will not suffer the devisee to profit by his fraud, but on proof of the fact raises a resulting trust in favour of the testator's heir-at-law. If, therefore, a testator devise an estate in'words carrying upon the face of the will the beneficial interest, and obtain a promise from the devisee that he will hold the estate upon trust for a charitable purpose, the heir-at-law, as entitled to a resulting trust, may file a bill against the devisee, and compel him to answer whether there existed any such understanding between him and the testator ; and if the defendant acknowledge it, he will be decreed a trustee for the plaintiff, and to convey the estate to him accordingly. (A) " Surely," said Lord Eldou, " the law will not permit secret engage- ments to evade what, upon grounds of public policy, is established ? Is the court to feel for individuals, and to oblige persons to discover in particular instances, and not feel for the whole of its own system, and compel a discovery of frauds that go to the roots of that system ? There is surely a stronger call upon the justice of the court to say, upon u private bargain, between the testator and those who are to take appa- rently under the will, which is to defeat the whole of the provisions and policy of the law, that they shall be called on to say whether they took the estate, as they legally may not do, for charitable purposes."(») In Bishop v. Talbot,(y) a testator by will duly attested gave p^-o i *his real estate to A. and B. in fee, and by a memorandum L "^ J signed, but not attested, declared certain charitable trusts. A bill was filed by the heir-at-law against the devisees, who by their answer insisted that the devise was not upon any secret trust, nor for other purposes than what appeared on the will, but admitted they had the memorandum in their possession, and suhriiitted the effect thereof to the judgment of the court. Sir Thomas Sewell is reported to have said, " He did not think the principal matter would be the validity of the paper writing : the question was, what would be the effect of the answer, supposing (ff) Kingsman v. Kingsman, 2 Yern. 559; Drakeford v. Wilks, 3 Atk. 539; Barrow v. Green, 3 Yes. 152; Marriot v. Marriot, 1 Strange, G72, per Cur.; Sea- grave V. Kirwan, 1 Beatt. 164, per Sh- A. Hart; Leister v. Foxcroft, cited ib. : Chamberlaine v. Cliambcrlaine, 2 Eq. Ca. Ab. 43; ib. 465; Thynn v. Thjnn, 1 Yern. 296; Devenish v. Baines, Free, in Ch. p. 3: Oldham v. Litcliford, 2 Vera. 506; same case, Freem. 284; Reecli v. Kennigate. Amb. 67; S. C. 1 Yes. 123; Newburgh v. Newburgb, 5 Madd. 366, per Sir John Leach; Chamberlain v. Agar, 2 Yes. & B. 259; Nab v. Nab, 10 Mod. Rep. 404; Strode v. Winchester, 1 Dick! 397 ; S. C. stated from Reg. Lib. App. No. 1 ; and see Alison's case, 9 Mod. Rep. 62 ; Dixon v. Olmius, 1 Cox, 414. {h) Adlington v. Cann, Barn. 130 ; King v. Lady Portington, 1 Salk. 162 ; Muckleston v. Brown, 6 Yes. 52 ; Stickland v. Aldridge, 9 Yes. 516; and see At- torney-General V. Duplessis, Park. 144 ; Russell v. Jackson, 10 Hare, 204 ; Tee v. Ferris, 2 Kay & J. 357 ; Lomax v. Ripley, 3 Sm. & Gif. 48. (j) Muckleston v. Brown, 6 Yes. 69. (./) Cited Muckleston v. Brown, 6 Yes. 60, 67; Reg. Lib. A. 1772. fol. 137. A. 1773, fol. 686. 128 LEWIN ON THE LAW OF TKI'STS. ETC. there was no paper; admitting there was no trust for charitable purposes except what was mentioned in the answer, this was a sort of disclaimer upon their part, and the question was, who should have it V And his honor decreed the heir-at-law to be entitled to a resulting trust. " Sir Thomas Sewell," said Lord Eldon, " went a great length in that case. If he had said the law would authorize him to hold the memorandum a sufficient denotation of intention that the devisees should be trustees, the difficulty would be, how he came to read the momorandum. But he took it in another way, that as they set forth the memorandum, they admitted the purpose of the testator, and put it, not upon the effect of the memorandum, vi sua, if I may so expi-ess it, but as taken as their admission. I doubt whether that is quite correct reasoning; but though Sir Thomas Sewell might be wrong in the fact that that was an admission, his opinion is an authority in point of law, that if there was an admission he would execute the trust. Then it comes to this, that the doctrine of the court is, that the defendant shall answer in such a case ; and if he answers in the affirmative, there is a resulting trust for the heir."(^) In a recent case(A the court was much more favourable to the devisees in the construction put upon this act. A testator devised certain free- holds to four persons during the life of A. for their own use and benefit, and three of them at the same time signed and delivered to the testator letters of acknowledgment that, although the estate was expressed to be devised to them beneficially, they would hold the same upon trust for r*7m ^^'i^li^n. A bill was filed, by two of the trustees who had signed L -1 the letters, against the two other trustees, the alien and the crown, in the absence of the heir, to have the rights of all parties ascer- tained and declared. The trustee who had not signed an acknowledg- ment did not admit any trust, and was held to be clearly entitled to the beneficial interest; and even as to the three devisees who had signed the acknowledgment, the vice-chancellor was of opinion that the devisees had so signed under the impression that the trust for an alien was good, and that, acting under a misapprehension in that respect, they were not bound by the letters as an admission of trust. The court therefore declared that all four devisees was beneficially entitled. Where a devise is to several persons, as tenants in common, it may be void as to one to whom the testator's unlawful intention was communicated in his lifetime, and good as to the others who were not privies to the intention, ^m) And where no trust is imposed by the will, and no communication was made in the testator's lifetime, the devise will be good, although the devisee may, notwithstanding the absence of legal obligation, be disposed from the bent and impulse of his own mind, to carry out what he believes to have been the testator's wishes. («) Another case may occur, as follows ; — A devise may be a beneficial one upon the face of a will, but there may have existed an understanding (k) Muckleston v. Brown, 6 Ves. 68. (l) Burney v. Macdonald, 15 Sim. 6. (m) Tee v. Ferris, 2 Kay & J. 357. («) Wallgrave v. Tebbs', 2 Kay & J. 313 : Lomax v. Ripley, 3 Sm. & Gif. 48. FORMALITIES REQUIRED TO CREATE A TRUST. 129 between the testator in his lifetime and the devisee, that, without any particular part of the estate being specified, such portions of it as the devisee, in the exercise of his discretion, might think proper, should be applied to a charitable purpose. Under such circumstances the heir of the testator would have a right to interrogate the devisee whether he has exercised that discretion, and to call for a conveyance of so much as the devisee may have made subject to the unlawful purpose. fo) In the above cases it is not a sufficient answer to a bill for the defend- ant to say that the secret trust is not for the plaintiif, *for thus ^ ^_ . ., the devisee makes himself the judge of the title. The trust may L J be for a charity, and if so, the beneficial interest would result for want of a lawful intention, or the equitable interest may, on some other ground, enure to the heir as undisposed of.(j^) If the defendant deny the trust by his answer, the fact in this as in other cases of fraud may be esta- blished against him by the production of parol evidence. (5') It is clear that if a devisee enter into an engagement with the testator to execute an unlawful trust, the heir may file a bill, and claim the bene- ficial interest ; but suppose the devise is a beneficial one upon the face of it, and the testator communicates his will to the devisee, and requests him to be a trustee for such purposes as the testator shall declare, which the devisee undertakes to do, but the testator afterwards dies without having expressed any trust, it seems that in this case also the devisee will not be allowed to take the beneficial interest, but the heir-at-law will be entitled. Thus in Mucklestou v. Brown(r) the testator applied to three persons to act as trustees for the execution of certain trusts, which he intended to declare, and upon their undertaking the trust, the testator devised all his real estate to them, subject only to the payment of his debts and legacies. The testator died without having declared any trust as he had proposed. Upon a bill filed by the heir, Lord Eldon was of opinion, though very guardedly expressed, that the devisee was bound to answer. He observed, " I am not quite prepared to say it is clear that if the tes- tator made the devise, meaning, at the time, thereafter duly to declare trusts, and it happened that he did not declare any, that sort of case would not be within the equity of this court, and whether, if they admitted his will was made upon an undertaking that they would execute such trusts, the heir would not have a right to say no trust was duly declared, the purpose therefore failed, and the trust results by law to him, not upon the intention, but upon the ground that there is no inten- tion, and he is entitled to avail himself of that." * Another case, distinct from all the preceding, is where a tes- i- ^-r -1 tator devises an estate to persons as trustees, but no trusts are L J declared by ,the will, so that the equitable interest would, upon the face of the instrument, result to the heir-at-law, and the testator informs the (0) Muckleston v. Brown, 6 Ves. 69. Ip) Newton v. Pelham, citL'd Boson a". Statham, 1 Ed. 514. (q) Kingsman v. Kingsman, 2 Ver. 599 ; Pring v. Pring, 2 Ver. 99. (;•) 6 Ves. 52. See too the obseryatious of V. C. (now L. J.) Turner, in Rus- sell V. Jackson, 10 Hare, p. 214. 130 LEWIN ON THE LAW OF TRUSTS, ETC. devisees that his intention in making the devise was, that they should hold the estate in trust for certain persons, -wh^ch the devisees undertake to do. Will the court, under such circumstances, compel the devisee to execute the parol intention, or will the equitable interest result to the heir ? In favour of the parol trust, it will be argued that the testator left his will in the form in which it appears, under the impression that his object, verbally communicated, would be carried out, and that the trust can therefore be supported, on the ground of mistake in himself, or fraud in the devisee in not apprising the testator that the trust could not be executed. To this the answer is, that, upon the face of the will, the equitable interest results to the heir-at law, and that, if the testator had not disposed of the equitable interest, as required by the statute, the court cannot make a will for him, on the plea of mistake or fraud :(.s) that the court has interfered in the case of fraud in those instances only where the devisee, taking the beneficial interest under the will, was the contriver of the fraud, and, as no man may take advantage of his own wrong, the court compelled the devisee to execute the intention fraudu- lently intercepted] but in the case supposed, the legal estate only is in the devisee, while the beneficial interest is in the heir-at-law, who is wholly disconnected from the fraud. What jurisdiction, therefore, has the court to act upon the conscience of the heir, to deprive him of that estate which has not been devised away according to the Statute of Wills ? and how can the trustees for the heir be held to be trustees for another in the absence of all fraud on the part of the heir ? It would seem, upon principle, that where a trust results upon the face of the will, the circumstance of an express or implied promise on the part of the devisee to execute a certain trust is not a sufiicient ground for authorizing the court to execute the trust r ^-a -1 ^^ against the heir-at-law. *The point might have arisen in each L -I of the four following cases, but except in the latest of the four, it does not appear to have been taken. In Pring v. Pring,(i?) a man by his will appointed A., B., and C. his executors in trust, and gave them a legacy of 20/. apiece : the wife brought her bill against the executors, alleging that the defendants had been made executors in trust for her. Two of the defendants admitted the trust ; but the third denied it, and insisted that at all events, if the will stamped them as trustees, it must be taken to be a trust not only for the wife but also for the next of kin. The will declaring that the exe- cutors were only in trust, and not declaring for whom, the court held that the person might be averred; and two of the executors having, by their answer, confessed the trust, and it being likewise fully proved that it was the intent of the testator, and that he declared it a trust for his wife, the court decreed the trust for the plaintifi", with costs against the adversary defendant. It is presumed that in this case a communication had passed between the testator and the executors, and that if a trust had not resulted upon the face of the will, the court, on the ground of traud, might have compelled the executors to give the beneficial interest which they took under the will, to the person to whom they had promised (s) Newburgh v. Newburgh, 5 Madd. 364. It) 2 Vern. 99. FORMALITIES REQUIRED TO CREATE A TRUST. 131 it in the testator's lifetime. "Whether the court was right, as a trust appeared upon the will, in giving away the beneficial interest, not of the fraudulent executors, but of the innocent next of kin, appears open to question. In Crooke v. Brooking,(«) a testator by his will gave to his brothers Simon and Joseph, 1500?. /oy such uses as he had declared to them, and by them not to be disclosed ; charging them that they would perform the same, as they would answer it at God's tribunal. The money was paid to Simon and Joseph ; and Simon, in a letter to Joseph, acknow- ledged the trusts to have been for Ann Crew for life and then for her sister's children. Joseph died, and one of the children filed his bill against Simon for an execution of the trust, which the court decreed ; but the question argued appears to have been *not between the r :)=-■-- -i plaintiff and the next of kin whether a valid trust was created, L J but as the money had been actually paid to the trustees, what class of children were the cesfuis que trust, on the assumption that the trust itself was valid. And besides, this was a case before the Statute of Frauds. In the more recent case of Smith v. Attersoll(i;) a testator by his will gave fifty commercial dock shares to his two sons, Joseph and John, who were also his executors, in trust for certain jmrposcs which the will stated had been fully explained to them. On the same day on which the will was executed, Joseph and John signed an acknowledgment that they would hold the shares upon trust for the testator's six natural chil- dren. The acknowledgment was not proved as a testamentary paper. The bill was filed by one of the six children to have the trusts of the dock shares, as expressed in the acknowledgment, carried into execution. The executors by their answer admitted the trust. It does not appear that the testator's next of Mn were made p)ar ties. Lord Gifibrd decreed the execution of the trusts on the ground that the paper writing, though not testamentary, was an admission of the trust by the executors ; but the observation occurs that the executors had not the beneficial interest in themselves, and therefore no admission by them could give a title to another. Several cases were cited by the court in support of the deci- sion, but all of them, except Crooke v. Brooking, mentioned above, are distinguishable. (w) It is a very material circumstance that the question was litigated between the executors and a cestui que trust only in the absence of the next of kin, to whom, in fact, the equitable interest had resulted. In Podmore v. Gunning,(x) the principal question litigated was whether the testator had in fact stamped the devisee with *the r *y<;j -i character of a trustee, so that the equitable interest upon the L J face of the instrument resulted ; and, in the event of the court being of {u) 2 Vern. 50 and 107. (i') 1 Russ. 2C6. {iv) As Jones v. Habbs, Gilb. Eq. Rep. 146, but there the money passed, and the parol trust was declared in the life-time of the testator. Inchiquin v. French. 1 Cox, 1, but this case was mistaken, see Ambler's Rep. p. 33, and the observa- tions, ante, p. 67. Metham v. Devon, 1 P. W. 520, but the court treated the deed as testamentary and in the nature of a codicil; and no doubt it might have been proved as such, even if it had not been proved already. if) 7 Sim. 644. 132 LEAVIN ON THE LAW OF TRUSTS, ETC. that opinion^ a contest would have arisen between the heir and next of kin on the one hand, and the secret cestuis que trust on the other. In the case under consideration, Sir Thomas Staines devised his resi- duary estate to his wife, her heirs, administrators, and assigns, " having a perfect confidence that she would act up to the views which he had communicated to her in the ultimate disposal of his property after his decease." (y) A bill was filed by the two natural daughters of Sir Thomas, alleging that Sir Thomas, at the time of making his will had expressed to Lady Staines his desire of providing for the plain- tiffs, and that Lady Staines had promised that if the residuary estate were devised to her she would execute his intention in the plain- tiffs' favour. The vice-chancellor was of opinion that the language of the will did not declare Lady Staines to be a trustee ; that the words " having a perfect confidence that she would act up to the views which he had communicated to her," did not necessarily imply that any abso- lute direction had been given to her as to the disposition of the property, but were consistent with the testator having given to his wife either as absolute discretion, or, a general recomviendation leaving it to her dis- cretion to act upon it or not in such manner as she might think fit ; but the vice-chancellor admitted that if the plaintifis had proved that Lady Staines had undertaken to dispose of the estate in a given manner, she would have been bound by the engagement. The plaintiffs, therefore, failed in converting Lady Staines into a trustee for themselves, and as Lady Staines was not distinctly invested with the character of trustee upon the face of the will, no equitable interest resulted. We have stated the rule that if a testator make a devise carrying the beneficial interest on the face of the will, but it appears from the admis- sion of a devisee or by evidence that the devisee was pledged to the tes- tator to execute a charitable trust, the court will not allow the execution of such a trust, but will give the estate to the heir-at-law. The question r *79 1 ^®^® suggests *itself, whether the Statute of Mortmain,(z) which L -J declares a devise " in trust or for the benefit of" a charity to be absolutely void, applies to such a case, so as not only to defeat the equitable interest admitted or proved to have been intended for a charity, but also to make void the devise of the legal estate itself, so that by the efi"ect of the statute, when the fact has been established, the devisee takes no interest either at law or in equity. Lord Hardwicke determined in Adlington v. Cann,(a) that the Sta- tute of Mortmain did not extend to trusts by parol. " I am of opinion," he said, " that the Statute of Mortmain has not abrogated the Statute of Frauds, which, being made for the public good, ought normam imponere futuris. It is true the Statute of Frauds cannot govern the particular provisions of the Statute of Mortmain, but it must govern the construc- tion of subsequent acts ; for they must be construed by rules of law, and by what is laid down in precedent acts. If it should be admitted that the Statute of Mortmain took all these cases out of the Statute of Frauds, and was intended to introduce parol evidence, it would do more mischief, fe-* STI^^^ ^"^^' ''• ^^°°'''' 3 ^^ ^^^ ^ Sm. 525 ; 3 Mac. & Gord. 546. {z) 9 G. 2, c. 36. ^„3 3 ^t,, {^^_ FORMALITIES REQUIRED TO CREATE A TRUST. 133 by laying the foundation of a great deal of perjury, than it can possibly do good in any other respect whatsoever, (i) Besides, very little inconvenience can arise from my determination to this effect, for the instances of trus- tees abusing a trust for charity are so frequent, that they are a suflBcient warning to reasonable men not to leave their estates under such uncer- tainty, as to put them absolutely under a person's power, and then trust to his generosity for the disposing of them in charity.(cy' Thus, in Lord Hardwicke's view of the subject, a parol trust in mortmain, where the devisee entered into no engagement with the testator, could not be esta- blished against the devisee to deprive him of the beneficial interest ;(&?) and where the devisee did enter into such an engagement, and the fact was either admitted by the defendant, or established against him by evi- dence, the trust only was void upon principles of equity, and not the devise of the legal estate by force of the Statute of Mortmain. *Lord Northington, on the contrary, thought that secret trusts ^ ^qq -, were within the letter of the Statute of Mortmain ; and he there- L J fore decided, that whether the testator had held communication with the devisee(6) or not,(/) the intention of creating an honorary trust would, if established, avoid the devise of the legal estate itself. " What,'' he says, " stands in my way ? One objection is, that the beneficial devise to the trustees and their heirs by the will is not to be revoked or con- trolled by the second instrument, it not being executed according to the Statute of Frauds, and therefore it only can be taken as an honorary trust, and as such is not within the Statute of Mortmain. This is as much as to say, that, being a fraud within both acts, it is not within either. And the objection is, that it will be more inconvenient to let in fraud and perjury by opening the Statute of Frauds, than to let in devises to charities by opening the Statute of Mortmain. My opinion is, that the Statute of Mortmain meant to prevent honorary trusts or devises for charities quacunque a^'te vel ingenio ; and the honorary trust infects the will, as much as if it were declared in the most solemn manner."^,^) Sir Thomas Sewell, in the case of Bishop v. Talbot, before stated, where the fact of the trust was established on the admission of the devisee, con- sidered the heir as entitled to a resulting trust. His honor therefore was apparently of opinion with Lord Hardwicke, (as appears the more correct view) that, in the ease of a trust in mortmain not declared with the formalities required for a will, the devise of the legal estate was good, as not affected by the Statute of Mortmain, though equity where there was any mala Jides in the devisee would set it aside on the ground of fraud upon public policy. The provisions of the Statute of Frauds relating to wills have now been repealed, and the distinction whicli before existed between devises of real and bequests of personal estate has been abolished. (/<) The prin- ciples, however, established by the foregoing cases with reference to the (b) 3 Atk. 150. (c) Id. 153. {d) And this is now settled law. ^Yalgl•ave v. Tebbs, 2 Kay & J. 313; and cases cited supra. (e) Edwards v. Pike, 1 Ed. 2C7. (/) Boson v. Statham, 1 Edw. 503. Iff) Boson V. Statham, 1 Ed. 512, 514. (h) I Vict. c. 2G. 134 LEWIN ON THE LAW Of TRUSTS, ETC. Statute of Frauds still apply mutatis mutandis to the enactments of the statute at present in force. [*81] *SECTION IV. OF TRANSMUTATION OF POSSESSION Where there is valuable consideration, and a trust is intended to be created, formalities are of minor importance, since if the transaction cannot take effect by way of trust executed it may be enforced by a court of equity as a contract for value. Where there is no valuable considera- tion, it has been not unfrequently supposed that, in order to give the court jurisdiction, there must be a transmutation of possession, i. e., the legal interest must be divested from the settlor, and transferred to some third person. But upon a careful examination of the authorities the principle appears to be, that whether there was transmutation of pos- session or not, the trust will be supported — provided it was in the first instance 'perfectly created.{i^ To elucidate this subject it may be convenient to marshal the cases under the following heads. First. It is evident that a trust is not perfectly created where there is a mere intention or voluntary agreement to establish a trust, the set- tlor himself contemplating some further act for the purpose of giving it completion. Thus in Cotteen v. Missing, (A;) Ann Lee Missing was entitled to a residuary personal estate in the hands of the executors, and Charlotte Missing being in destitute circumstances, the executors applied to Ann Lee to make her some allowance. Ann Lee wrote in reply, " As to the money to be allowed to Charlotte, when you ascertain what the property is, whatever you and Mr. Missing think right that I should give, I shall abide by." The executors answered, that they thought 500/. r*89n *would be a proper sum ; and Ann Lee then replied. ''With L "-I respect to Charlotte, as you and Mr. Missing say she ought to be allowed 500/., I will readily consent to it. I am willing to do anything that is right." Under these circumstances Sir T. Plumer thought that the gift was still in fieri. " To make a complete gift there must not only be a clear intention, but the intention must be executed and carried into effect. At the date of the first letter to the executors the gift was inchoate, the quantum of property not having been ascertained. The second letter amounted to a declaration of the propriety of giving her 500?., and shows her approval of a gift to that amount, but does not give ^ («■) See Ellison v. Ellison, 6 Ves. 662 ; Pulvertoft v. Pulvertoft, 18 Ves. 99 ; Sloane v. Cadogan, Vend. & P. Append. No. 24 ; Edwards v. Jones, 1 M. & Cr. 226 ; Wheatley v. Purr, 1 Keen, 551 ; Garrard v. Lauderdale, 2 R. & M. 453 ; Col- linson v. Patrick, 2 Keen, 123 ; Dillon v. Coppin, 4 M. & Cr. 647 ; Meek v. Kettle- well, 1 Hare, 469 ; Fletcher v. Fletcher, 4 Hare, 74 ; Price v. Price, 14 Beav. 598 ; Bridge v. Bridge, 16 Beav. 315 ; Beech v. Keep, 18 Beav. 285 ; Donaldson v. Don- aldson, 1 Kay, 711 ; Scales v. Maude, 6 De Gex, M. & G. 43 ; Airey v. Hall, 2 Jur. N. S. 658. i^k) 1 Mad. 176. FORMALITIES REQUIRED TO CREATE A TRUST. 135 effect to tlie gift and carry it into execution. Nothing is said as to who is to pay the money, or when it is to be paid. The executors were not warranted in paying it out of the money in their hands. If they had done so, Mrs. Missing might have said, I meant to give the money on terms and conditions as to marriage and age. Nothing is said as to what part of her property this money was to be raised out of, Avhether out of the money in the funds, or out of the estate. Nothing is to be found in the letters but an intention to give, and therefore this case widely differs from the cases alluded to, where acts were done carrying the gift into execution. Here the gift was not completed. Supposing it were anything like an authority to an agent, the subsequent marriage of Mrs. Missing was a revocation of such authority, as was likewise her death. This was a mere inchoate imperfect gift not carried into execu- tion, and which has therefore failed." Secondly. If the settlor propose to convert liimself into a trustee, then the trust is perfectly created so soon as the settlor has executed an express declaration of trust, intending to be final and binding upon him, and in this case it is immaterial whether the nature of the property be legal or equitable. Thus in Ex parte Pye, or Ex parte Dubost,(?) J. M. had authorised C. D. to purchase an annuity for M. G. G. for life. *The annuity ^^ j,„ -. was purchased, but in the name of J. 31., who thereupon sent L J over a power of attorney to transfer the annuity into the name of M. G. G. Before the commission could be executed J. M. died, but Lord Eldon determined that a valid trust had been created. " The question," he said, " involves the point, whether the power of attorney amounts here to a declaration of trust. It is clear, that this court will not assist a volunteer; yet fthe act is completed, though voluntary, the court will act upon it. It has been decided that, upon an agreement to transfer stock, this court will not interpose; but if the party has declared him- self to he the trustee of the stock, if becomes the property of the cestui que trust without more, and the court will act upon it. From the documents before me it does appear, that though in one sense this may be represent- ed as the testator's personal estate, yet he has committed to writing what seems to me a sufficient declaration that he held this part of the estate in trust for the annuitant." In this case it will be observed, that the gift was perfected as soon as the agent had laid out the money in the purchase of the annuity. Had the purchase been made in the name of J. M. as beneficial owner, the execution of the power of attorney, as it failed to transfer the possession, would not have been a valid decla- ration of trust ; but the purchase was made in the name of J. M. as trustee for the annuitant, and the power of attorney and other documents were read, not as instruments originating the trust, but as proofs of the trust which had been previously created. (?) 18 Ves. 140 ; and see Thorpe v. Owen, 5 Beav. 224 : Stapleton v. Stapleton, 14 Sim. 186; Searle v. Law, 15 Sim. 99; Drosier v. Brereton, 15 Beav. 221 ; Bentley v. Mackay, 15 Beav. 12 ; Bridge v. Bridge, 16 Beav. 315 ; Gray v. Gray, 2 Sim. N. S. 273 ; Wilcocks v. Hannyngton, 5 Jr. Ch. Re. 38 ; Dipple v. Corles, 11 Hare, 183. 136 LEWIN ON THE LAW OF TRUSTS, ETC. In a late case(m) Sir J. Wigram expressed himself more cautiously than was necessary, as to the jurisdiction of the court in enforcing a trust against the settlor himself, and suggested several accompanying circumstances as material to the establishment of such a trust. "In the case,'^ he said, " of a formal declaration by the legal or even benefi- cial owner of property, declaring himself in terms the trustee of that . -^ property, *for a volunteer the court might not be bound to look L J beyond the mere declaration. If the owner of property having the legal interest in himself, were to execuet an instrument by which he declared himself a trustee for another, and had disclosed that instrument to the cestui qui trust, and afterwards acted upon it, that might perhaps be sufficient ; for a court of equity, adverting to what Lord Eldon said in Ex parte Dubost, might not be bound to inquire further into an equitable title so established in evidence." Thirdly. Where the settlor purposes to make a stranger the trustee, then to ascertain whether a trust has been perfectly created or not, we must take the following distinctions : — 1. If the subject of the trust be a legal interest, and one capable of legal transmutation, as land or chattels which pass by conveyance, as- signment, or delivery, or stock which passes by transfer, in this case the trust is not perfectly created unless the legal interest be actually vested in the trustee : it is not enough that the settlor executed a deed affecting to pass it, and that he believed nothing to be wanting to give effect to the transaction : the intention of divesting himself of the legal property must in fact have been executed, or the court will not recog- nize the trust.(H) "I take the distinction," said Lord Eldon, " to be, that if you want the assistance of the court to constitute you cestui que trust, and the instrument is voluntary, you shall not have that assistance for the purpose of constituting you cestui que trust, as upon a covenant to transfer stock, &c. : if it rests in covenant and is purely voluntary, this court will not execute that voluntary covenant ; but if the party has completely transferred stock, &c., though it is voluntary, yet the legal conveyance being effectually made, the equitable interest will be enforced by this court."(o) p-jjgK-. In Colman v. Sarel,(^) George Davy having 1000^. Bank *- -J *Anuuities standing in his name, assigned that sum by deed upon trust for Joan Sarel for life, with remainder to her children, and cove- nanted to pay the dividends accordingly, but no actual transfer of the stock was ever made. The children filed a bill for the execution of the trust, and Lord Thurlow, in dismissing the bill, observed, " When a deed is not sufficient in truth to pass the estate out of the hands of the settlor, but the party must come into equity, the court has never yet (m) Meek v. Kettlewell, 1 Hare, 4*70 ; and see Hughes v. Stubbs, 1 Hare, 4T8. (n) See Garrard v. Lauderdale, 2 Russ. & M. 452 ; Meek v. Kettlewell, 1 Hare, 469 ; Dillon v. Coppin, 4 M. & Cr. 647 ; Coningham v. Plunkett, 2 Y. & C. Ch. Ca. 245; Searle v. Law, 15 Sim. 95 ; Price v. Price, 14 Beav. 598 ; Bridge v. Bridge, 16 Beav. 315 ; Weale v. Ollive, 17 Beav. 252 ; Beech v. Keep, 18 Beav. 285 ; Airey ^' / r-i^^ '^^^' ^- ^- ^^^ ! ^'^'^ Kiddill t. Farnell, 5 Weekly Rep. 324. (o) Ellison V. Ellison, 6 Vcs. 662 ; and see Pulvertoft v. Pulvertoft, 18 Yes. 89. (P) 1 Yes.jun. 50; S. C. 3 B. C. C. 12. FORMALITIES REQUIRED TO CREATE A executed a voluntary agreement. To do so would be to make liim who does not sufficiently convey, and his executors after his death, trustees for the person to whom he has so defectively conveyed, and there is no case where a court of equity has ever done that." In Antrobus v. Smith,(2) a Mr. Crawfurd being entitled to ten shares of the Forth and Clyde Navigation, wrote, upon the receipt for one of the subscriptions, and signed the following indorsement, " I do hereby assign to my daughter, A. Crawfurd, all my right, title, and interest of and in the enclosed call, and all other calls of my subscription in the Clyde and Forth Navigation." After Mr. Crawfurd's death, the repre- sentative of A. Crawfurd filed a bill to have the shares transferred. Sir W. Grant dismissed the bill, and observed, ^) was the case of a bond from a hus- band to the wife, which is not an agreement to do a future act, but the perfect creation of a present debt. In Husband v. Pollard, (c) a lease was assigned to a volunteer, with a covenant to renew, and a court of equity compelled the execution of the covenant as incidental to the lease. In other cases the covenant has been enforced in order to avoid circuity, inasmuch as the trustees, with whom the covenant was entered into, ^ might have recovered at law, not merely nominal damages, but the full value of the estate. (tZ) At all events, it is well settled at the present day, that a voluntary covenant, notwithstanding the solemnity of the seal, will not be specifically executed. (e) It has also been sometimes supposed that where the trust is r^nr; -1 ^imperfectly created, the court, without proof of vahiahle con- L -I sideration, will act upon meritorious consideration, as payment of debts, or provision for a wife or child.(/) The covenant to stand seised to uses, and the jurisdiction of the court in suj)plying surrenders, and aiding the defective execution of poicers, have generally been referred to as establishing, or at least countenancing, this doctrine. As regards the covenant to stand seised to uses, it is evident that mere meritorious consideration was not a sufficient ground to attract the juris- (z) 1 Ch. Re. 158. (a) See Persse v. Persse, 7 CI. & Fin. 279 ; Heap v. Tonge, 9 Hare, 90 ; Dims- dale V. Dimsdale, 3 Drew, 556. (b) 1 Vern. 427. (c) Cited Randal v. Randal, 2 P. W. 467 ; and see Williamson v. Codrington, 1 Ves. 511 ; Harvey v. Audland, 14 Sim. 531. (d) Vernon Y. Vernon, 2 P. W. 594 ; Goring v. Nash, 3 Atk. 186; 2nd ground ; S. C. cited,l Ves. 513; Stephens v. Trueman, 1 Ves. 73. (e) Hale v. Lambe, 2 Ed. 294, per Lord Northington ; Fursaker v. Robinson. Pr. Ch. 475 ; Evelyn v. Templar, 2 B. C. C. 148; Colman v. Sarel, 3 B. C. C. 12 ; Jeffreys v. Jeffreys, Cr. & Phil. 138 ; Meek v. Kettlevvell, 1 Hare, 474, per Sir J. Wigram ; Fletcher v. Fletcher, 4 Hare, 74, per eundem ; Newton v. Askew, 1 1 BeaV. 145; Dillon v. Coppin, 4 Cr. & M. 647 ; Kekewich v. Manning, 1 De G. M. allowed to create a debt in favour of B. ; Fletcher v. Fletcher, 4 Hare, 67 ; and see & G. 188. But a voluntary covenant to pay a sum to A. in trust for B. has been Bridge v. Bridge, 16 Beav. 315. But as the ground of this is, that the covenant is perfect at law and the covenantee could recover upon it, it seems to follow that where only nominal damages would be given at law, a court of equity would not allow proof of the whole sum. See Pulvertoft v. Pulvertoft, 18 Ves. 93 ; Holloway V. Headington, 8 Sim. 324; Cox v. Barnard, 8 Hare, 310; Dening v. "Ware, 22 Beav. 184. (/) A child may plead meritorious consideration as against the parent, but of course a parent cannot plead it as against the child ; Downing v. Townsend, Amb. 592. 144 LEW IN ON THE LAW OF TRUSTS, ETC. diction of the court ; for no use would have arisen in favour of a wife or child, unless there had been a covenant. " There are several ways in the law," said Lord Chief Justice Holt, " for declaring of uses, whether upon transmutation of possession or without it. If a use be declared upon transmutation of possession, as in a fine or feoffment, it is sufficient for the party on the transmutation to declare that the use shall be to such a party, and of such an estate ; but if a use arise without transmu- tation of possession, the use then does not arise by virtue of any declara- tion or appointment, but there must be some precedent obligation to oblige the party declaring the use, which must be founded on some con- sideration ; for a use, having its foundation generally on grounds of equity, could not be relieved in chancery without transmutation of pos- session, or an agreement founded on a consideration ; and, therefore, if bargain and sale were made of a man's lands, on the payment of the money the use would have arisen without deed by parol ; hvt, if the use was in consideration ofhlood, then it could not arise hy parol agreement without a deed, because that agreement teas not an ohliging agreement — it icanted a consideration, and therefore, to make it an ohliging agree- ment, there was necessity of a deed."[) At law, except in executory devises, a freehold contingent limitation must be supported by a freehold particular estate, and if the contingent limitation do not vest at the determination of the particular estate it is extinguished ; but to trusts the rule is held not to be applicable, or, as the doctrine is expressed, the legal estate in the trustees is sufficient to support all the equitable interests.(c) At law a chattel real can by tvill only, and not by deed, and a chattel personal can neither by will nor deed, be limited to one person for life, with remainder to another; but in trusts a chattel interest, whether real or personal, can be subjected to any number of limitations, provided there be no perpetuity. " It is objected," said Lord Nottingham, '' that a lease for years, which is a chattel, will not bear a contingent limitation in regard of the poverty and meanness of the estate. Now, as to this point, (a) Attorney-General v. Sands, Hard. 494, per Lord Hale ; Pawlett v. Attorney- General, lb. 469; Bacon on Uses, 79; Burgess v. Wheats, 1 Ed. 195, per bir i. Clarke. (b) Duke of Norfolk's case, 3 Ch. Ca. 35. {c) Chapman v. Blisset, Cas. t. Talb. 145 : Hopkins v. Hopkins, lb. 43. 150 LEWIN ON THE LAW OF TRUSTS, ETC. the difference between a cliattel and an inheritance is a difference only in words, but not in substance or reason, or in the nature of the thing ; for the owner of a lease has as absolute a power over his lease, as he that hath an inheritance hath over that ; and therefore, when no perpe- tuity is introduced, nor any inconveniency doth appear, there no rule of law is broken. It hath happened sometimes, and doth frequently, that men have no estates at all, but what consist in leases for years ; now, it were, not only very severe, but, under favour, very absurd to say, that he who has no other estate, but what consists in leases for years, shall be incapable to provide for the contingencies of his own family."(f?) A testator had devised to one that served the cure of a church, and to all that should serve the cure after him, all the tithes, profits, &c. ; but, as the successive curates were not a body corporate, they were incapable of taking the legal estate : however, equity carried the intention into effect, and decreed the devisee and his heirs to be trustees for the persons ^^ -. intended *to benefited.(e) So on the erection of a chapel, the L J benefit of the endowment cannot, without an act of parliament, be transmitted at law to the successive preachers and their congregations, but the ordinary mode of accomplishing the object is by vesting the legal estate of the property in trustees (with a power of renewing their number on vacancies by death, &c.,) upon trust to permit the preacher and congregation for the time being to have the use and enjoyment of the chapel. The limitation of an estate to the poor of a 'parish, would at Jaio be void,(/) because the rules of pleading require the claimants to bring themselves under the gift, and no indefinite multitude, without public allowance, can take by a general name ; but by way of trust they are capable of purchasing, for they assert no title in themselves, but call upon the trustees to observe the dictates of good conscience. ((7) What persons are designated by the description of " poor of a parish" was at «)ne time matter of considerable doubt. Lord Eldon thought, that the fund should be administered without reference to parochial relief; for assistance might be given to a pauper without exonerating the rich from their usual contribution to the rates — to the relief, which the law had provided, further relief might be added, which the parish was not bound to afford. (/i) Besides, the appropriation of the fund to the poor not in receipt of parochial relief might still have the effect of conferring a bene- fit on the rich ; for persons who could not otherwise have maintained themselves might, by means of the charity, be prevented from seeking assistance from the rate.({) However, it has been determined in several cases, and seems, therefore to be now settled, that the charity must be confined to those not in the receipt of parochial relief. (^) {d) See Duke of Norfolk's case, 3 Ch. Ca. 32. (c) Anon, case, 2 Vent. 349. (/) Co. Lit. 3, a. {g) Gilb. on Uses, 44. {h) Attorney-General v. Corporation of Exeter, 2 Russ. 51-54. (!) See S. C. 3 Russ. 397. {k) Attorney-General v. Corporation of Exeter, 2 Russ. 47; S. C. 3 Russ. 395; Attorney-General v. Wilkinson, 1 Beav. 372 ; Attorney-General v. Bovill, M. R. 1 July, 1839. But see Attorney-General v. Bovill, 1 Phill. 768, where Lord Cot- OF THE OBJECT PROPOSED BY THE TRUST. ]51 *By the 59 Geo. 3, c. 12, s. 17, it is enacted, "That all r=^-,Qp-| buildings, lands, and hereditaments which shall be purchased, L J hired, or taken on lease by the churchwardens and overseers of the poor of any parish, by the authority or for any of the purposes of that act, shall be conveyed, demised and assured to the churchwardens and over- seers of the poor of every such parish respectively and their successors, in trust for the parish ; and such cliurcliwardens, and overseers, and their successors, shall and may, and they are hereby empowered, to ac- cept, take, and hold in the nature of a hody corporate, for and on hehalf of the said parish, all such buildings, lands, and hereditaments, and also cdl other buildings, lands, and hereditaments belonging to such parish." By virtue of this enactment, all hereditaments belonging to the parish at the time of the act, or subsequently acquired, whether for a chattehA or freehold interest; and though originally conveyed to express trustees for parish purposes, if it be unknown or uncertain in whom the legal estate is now vested ;(m) or generally where it is unascertained in whom the legal estate is outstanding, but the parish have exercised all the rights of ownership, and the property belongs to them in the popular sense ;(«) are now transferred to the churchwardens and overseers of the parish, not indeed as a corporation and having a common seal,(o) but as persons taking, by parliamentary succession, in the nature of a corporation. (p) The act does not extend to copyholds, (g') nor to freeholds of which the trusts are not exclusively for the parish, but also embrace other objects ;(?■) nor to lands vested in existing trustees, and who are actually in discharge of their duties in that *character.(s) However, though a// the r^-ir,>j-i trusts must be for the parish, they may be directed to some L J special trust, if exclusively parochial, as a trust for aiding the church- rates,(/) or furnishing a poor-house, (u) or for the relief of the poor of the parish, whether the objects of the charity be or not held to include those in the receipt of parochial relief; for if non-recipients only of parochial relief are to be admitted, the parish is still benefited by keep- ing that class of poor, by means of the charity, off the parish books, (y) tenham is reported to have said, " I am inclined to think that the right course is, to administer the charity, and leave to chance to what extent it may ojjerate to the relief of the poor-rates." The decree, however, seems in the main to be in ac- cordan9e with the previous decisions; and see Attorney-General v. Blizard, 21 Beav. 233. (l) Alderman v. Neate, 4 Mees. & Wei. 704. (m) Doe V. Hilej', 10 B. & Cr. 885 ; and see Churchwardens of Deptford v. Sketchley, 8 Q. B. Rep. 394. {n) Doe V. Terry, 4 Ad. & Ell. 274; Doe v. Cockell, lb. 478. (o) Ex parte Annesley, 2 Y. & C. 350. Xp) Smith v. Adkins, 8 Mees. & Wei. 362. {q) Attorney-General v. Lewin, 8 Sim. 3G6 ; In re Paddington Charities, lb. 629. (r) Allason v. Spark, 9 Ad. & Ell. 255 ; Attorney-General v. Lewin, 8 Sim. 366 ; In re Paddington Charities, lb. 629. (s) Churchwardens of Deptford v. Sketchley, 8 Q. B. Rep. 394, overruling Rum- ])all V. Munt, lb. 382 ; and see Gouldsworth v. Knight, 11 M. & W. 337. (?) Doe V. Hiley, 10 B. & Cr. 885 ; Doe v. Terrv, 4 Ad. & Ell. 274 ; and see Al- lason v. Stark, 9 Ad. & Ell. 266, 267 ; Doe v. Cockell, 4 Ad. & Ell. 478. {u) Alderman v. Xeate, 4 Mees. & Wei. 704. (r) Ex parte Annesley, 2 Y. & G. 350 ; Churchwardens of Deptford v. Sketch- ley, 8 Q. B. Rep. 394. 152 LEW IX ox THE LAW OF TKUSTS, ETC. Again, an advoioson may be vested in trustees, upon trust for the a parishioners and inhabitants,'' that is, the parishioners, being inhabi- tants(w) of a parish. A trust of this kind is not considered a charity, but is administered on the footing of any ordinary trust, and application must be made to the court not by way of information, but by bill. (a;) From the infinite mischiefs arising from popular election, (_y^ the court, where the settlement does not expressly give the election to the parishioners, or usage has not put such a construction upon the instrument, will infer the donor's intention to have been, that the trustees should themselves exercise their discretion in the election of a clerk for the benefit of the r*i OST P^ris^ j(~) ^^^ ^^ ^^^ language of the instrument, or the ^''evidence L J of common usage, prevent such a construction, then the parishion- ers, as the cestuis que trust and beneficial owners of the advowson, will be entitled to elect, and the trustees will be bound to present the per- son upon whom the choice of the electors shall fall.(«) Had the point been unprejudiced by decision. Lord Eldon doubted whether the court could execute such a trust, at least otherwise then cy pres ;(6) but, as authority has now clearly settled that the court must undertake the trust notwithstanding the difficulties attending it, the only subject for inquiry is, in what manner a trust of this kind shall be executed. The expression '< parishioners and inhabitants" is in itself extremely vague, and has never acquired any very exact and definite meaning ;(c) but, this doubt removed, another question to be asked is, are women, children, and servants, who are parishioners and inhabitants, to be allowed to vote ? It seems the extent of the terms must be taken secun- dum suhjeciam materiam, with reference to the nature of the privilege the cestuis que trust are to exercise,(^/) and, if so, none should be ad- mitted to vote, who, from poverty, infancy, or coverture, are presumed not to have a will of their own.(e) In a case, where the election was given to "the inhabitants and parishioners, or the major part of the chiefest, and discreetest of them," it was held that, by chic/est, was to be understood those who paid the church and poor rates, and by discreet- (w) Fearon v. Webb, 14 Ves. 24, per Chief Baron M'Donald ; lb. 26, per Baron Graham; Wainwright v. Bagshaw, Rep. t. Hardwicke, by Ridg. 56, per Lord Hardwicke. (x) Attorney-General v. Forster, 10 Ves. 344 ; Attorney General v. Newcombe, 14 Ves. 1 ; Fearon v. Webb, lb. 19. (y) See, in addition to the cases cited in the next note, the observations of Vice- Chancellor Knight Bruce, Attorney-General v. Cuming, 2 Y. & C. Ch. Ca. 158, and 19 k 20 Vict. cap. 50, authorizing the sale of advowsons held upon trust for parishioners. (z) See Edenborough v. Archbishop of Canterbury, 2 Russ. 106, 109 ; Attorney- General V. Scott, 1 Ves. 413 ; Attorney-General v. Foley, cited lb. 418. (a) Attorney-General v. Parker, 3 Atk. 577, per Lord Hardwicke ; Attorney- General V. Forster, 10 Ves. 338, 341, per Lord Eldon ; Attorney-General v. New- combe, 14 Ves. 6, 1,per eundem. (b) Attorney-General v. Forster, 10 Ves. 340, 342. (c) See Attorney-General v. Parker, 3 Atk. 577 ; Attorney-General v. Forster, 10 Ves. 339, 342 ; see further as to the ClerkenweU case, Carter v. Cropley, 26 L. J. N. S. (Ch.) 246. {d) See Attorney-General v. Forster, 10 Ves. 339. , (e) See Fearon v. Webb. 14 Ves. 27. OF THE OBJECT PROPOSED BY THE TRUST. 153 ci^t, those who had attained the age of twenty-one ;(/) But Lord Hard- wicke said, that, even where " parishioners and inhabitants" stood tcithout any restriction at all, it was a reasonable limitation to confine the meaning to those who paid scot and lot, that is, who paid to church and poor ; {(j) and so, in a previous case, it seems *his lordship pj^Qg-i had actually determined. (A) The Court of Exchequer adopted L J a similar construction in the Clerkemoell case,[i) though it does not appear how far the court was guided in its judgment by the evidence of the common usage •,(Jc) and Lord Eldon, in a subsequent ease, restrict- ed the election to the same class, but his lordship's decree was possibly founded on the circumstance, that those only who paid scot and lot were admitted to the vestry ;(m) (not that, for the purpose of election, the vestry is the representative of the parish,(?i) but in one of the oldest documents the trust was said to be for " the parishioners of the said parish at a vestry or vestries to he from time to time liolden for the said 2}arish."(o) ) But, where the instrument creating the trust contains merely the words " parishioners and inhabitants," the court will not confine the privilege of voting to those paying scot and lot, if it appears from constant usage that the terms are to be taken in a wider and more extensive signification, to include, for instance, all househeepers, whether paying to the church and poor or not.(p) By persons paying to the church and poor must be understood persons liahle to pay, though they may not have actually paid 5(5') but it seems to be a necessary qualifica- tion that they should have been rated,{r) unless, perhaps, the name has been omitted by mistake,(s) or there is the taint of fraud. («) With respect to the mode in which the votes are to be taken, it is clear that the election cannot be conducted by ballot, not only on the general principle that the ballot is a form of proceeding unknown to the common law of England,(w) but also *on the ground, that the trustees r*]^;^Q-| have a right to be satisfied, that the person they present to the L ^ bishop has been the successful competitor ; whereas in election by ballot there are no means of ascertaining for whom each particular elector voted. («) The choice of the candidate must therefore be determined by one of the modes known to the common law, viz. either by poll or a show of hands.(ic) However, the cestuis que trust may expresshj a^ree among (/) Fearon v. Webb, 14 Ves. 13. (g) Attorney-General v. Parker, 3 Atk. 5V7 ; S. C. 1 Ves. 43. (A) Attorney-General v. Davy, cited lb. ; S. 0. 2 Atk. 213. (j) Attorney-General v. Rutter, stated 2 Russ. 101, note. {k) See Attorney-General v. Forster, 10 Ves. 345. (l) Eslenborongh v. Archbishop of Canterbury, 2 Russ. 93. Im) See lb. 110. (n) Attorney-General v. Parker, 3 Atk. 578, per Lord Hardwicke ; Attorney- General V. Forster, 10 Ves. 340, 344, per Lord Eldon. (0) See Edenborough v. Archbishop of Canterbury, 2 Russ. 94. (p) Attorney-General v. Parker, 3 Atk. 576 ; S. C. 1 Ves. 43. (q) See Attorney-General v. Forster, 10 Ves. 339, 346. (r) Edenborough v. Archbishop of Canterbury, 2 Russ. 110. (s) Edenborough v. Archbishop of Canterbury, 2 Russ. 110. (t) S. C. lb. 111. (m) Faulkner v. Elger, 4 Barn. & Cress. 449. (v) Edenborough v. Archbishop of Canterbury, 2 Russ. 105, 108, 109, per Lord Eldon. («•) See lb. 106, 110. 154 LEWIN ON THE LAW OF TRUSTS, ETC. themselves that they will abide by the declaration of the result of the ballot, and will ask no questions how the individual votes were given ; or such a contract may be inferred from long and clear antecedent usage.(.r) But it is said an agreement of this kind can apply only to each particular election as it occurs, for any one parishioner has a right to insist that the coming election shall be conducted on a different principle ; it would be ■a bold thing to say, that the parish of to-day could bind the parish of to- morrow to deviate from the original and legitimate mode.(?/) A contract between the cestuis que trust in favour of the ballot is also open to the objection, that the right of voting in the election of a clerk is a privilege coupled with a puUic duty, and it may be doubtful whether a court of equity would enforce the result of an election, where it cannot be ascer- tained whether the voters, in the exercise of their right, have fairly and honestly discharged that duty. (2) Again, upon principles founded on the Law of Tenure, the freehold in jjrcesenti must be vested in some person m esse ; but under the system of trusts, which are wholly independent of feudal rules, a settlor may direct the accumulation of rents and profits, and it docs not vitiate the trust that there is no ascertained owner of the equitable freehold in posses- sion, (a) But trusts for accumulation must be confined within the limits esta- blished against perpetuities. A settlor is permitted (by analogy to the duration of a regular entail under a common law conveyance) to fetter l-jj,^ ^ ^ ^ the alienation of property for a life or *lives in being and twenty- «- -I one years ; and the power of preventing the enjoyment of property, by directing the accumulation of the annual proceeds, is restricted to the same period. If the trust exceed this boundary, it is void in toto, and cannot be cut down to the legitimate extent.(i) Thus, where an estate was limited to trustees for a term of 1000 years, and subject thereto in strict settlement, and the trusts of the term were, as often as any tenant for life or in tail should be a minor, to accumulate the rents, and apply them in discharge of incumbrances, and to pay the surplus to the first tenant for life, or in tail, who should attain twenty-one, the trust was declared void dh initio, as the minorities of the successive tenants for life and in tail might travel through a century. (c) But there is no accumulation, and therefore no danger of a perpetuity, where the rents are applicable as a vested interest dc anno in annum. Thus, where a testatrix devised a term which had 33 years to run, upon trust, from time to time, to lay out the profits in the purchase of lands to be settled on A. for life, remainder to B. in tail, remainders over, in- asmuch as the cestuis que trust could at anytime call for the investment of the rents in land; and when B. attained his age, and could suffer a {x) See supra, note (i'), 105, 106, 108, 109. (y) See lb. 106. (z) See lb. 109. (a) See Fearne's C. R. by Butler, 537, note {x). {b) Marshall v. Holloway, 2 Sw. 432 ; Lord Southampton v. Marquis of Hert- tord, 2 V. & B. 54 ; Curtis v. Lukin, 5 Beav. 147 ; Boughton v. James, 1 Coll. 26 ; oAn ■ ^'^ ^'^y^'^h ^ ^0"se of Lords Cases, p. 406 ; Browne v. Stoughton, 14 Sim. 369 ; Scarisbnck v. Skelmersdale, 17 Sim. 187 ; Turvin v. Newcome, 3 K. & J. 16. (c) Lord Southampton v. Marquis of Hertford, 2 V & B 54 OF THE OBJECT PROPOSED BY THE TRUST. I55 recovery, A. and B. were entitled to call for tlie assignment of the lease ; it was held the trust was good.(cZ) And, in another case, where the rents were directed to be accumulated, at compound interest, until they amounted to a sufficient sum to discharge two incumbrances on the estate, amounting to 2500/. each; and then to be further accumulated until they amounted to a sufficient sum to discharge two other incumbrances of 4000?. and 2000/. ; Baron Graham observed, " there was no accumu- lation for the purpose of suspension." (e) In *this case however, ^^-. , ^-, there seems to have been strictly and substantially an accumula- •- "'J tion. It is possible that the amount of the annual rents being ascertained, and the incumbrances known, it was found that the time required for discharging the incumbrances would not exceed the proper limits. In Curtis v. Lukin^/) a testator gave to the trustees certain lease- holds in Church-street, which had more than 60 years to run, upon trust for A. for life, with remainder to her children, and in default of children to B. He then gave other leaseholds to the same trustees upon trust to accumulate the rents until the lease in Church-street sliould he nearly expired, and then to apply a competent sum in the renewal of that lease for the benefit of the parties entitled thereto under the will, and the residue of the accumulations he gave to A., B., and C. The lessor of the premises in Church-street was under no obligation to renew, and therefore the sum to be paid if a renewal could be obtained was uncer- tain. It was argued, that all interests must be vested within a life in being and 21 years, so that there was no perpetuity ; but it was answered, that the amounts of the respective interests were uncertain until the renewal was effected ; and if all the parties could not agree in the distri- bution of the fund, the accumulation must proceed, and the court was of opinion that the trust was void. The 39 & 40 Geo. 8, c. 98, commonly called the Thellusson Act, or Lord Loughborough's Act, has now further restricted the period of accu- mulation, by declaring that " no person shall, by deed, surrender, will, codicil, or otherwise howsoever, settle or dispose of any real or personal property, so as that the rents, issues, profits, or produce thereof shall be wholly or partially accumulated for any longer period than the life or lives of any such grantor or grantors, settlor or settlors ; OR the term of 21 years from the death of any such grantor, settlor, devisor, or testa- tor ; OR during the minority, or resj^ective minorities, of any person or persons who shall be living, or in ventre sa mere, at ^the time ^^^^^^ of the death of such grantor, devisor, or testator ; OR during the L -• minority, or respective minorities, of any person or persons icho tinder the uses or trusts of the deed, surrender, will, codicil, or other assurance directing such accumulations, would, for the time heing, if of full age, {d) Phipps T. Kelynge, 2 V. & B. 57, note (b). [e) Bacon v. Proctor, 1 T. & R. 31 ; and see Bateman v. Hotchkin, 10 Beav. 426, where the trust was supported on the ground that there was no perpetuity, but that on the eldest son attaining twenty-one, he could dispose of the estate, and stop the accumulation ; and see Briggs v. Earl of Oxford, 1 De Gex, M. & G. 363. (/) 5 Beav. 147. 156 LEWIN ON THE LAW OF TRUSTS, ETC. he entitled unto the rents, issues, and profits, or the interest, dividends, or annual produce so directed to be accurmdated." The following points have been resolved upon the construction of this act : — 1. The statute embraces simple as well as compound accumula- tion. By the former is meant the collection of a principal sum by the mere addition of the annual proceeds, while the interest upon the accu- mulating fund either results undisposed of to the settlor or his represen- tative, or passes to the residuary devisee or legatee. Compound accu- mulation is, where not only the rents are added together, but the fund is further increased by the interest upon the rents. 2. The act applies, though the accumulating fund be from the first a vested interest, so that not the right to the enjoyment, but only the actual enjoyment, is suspended ; as where a settlor directs the rents to be accumulated for a life in being and twenty-one years, for raising a certain sum for A., to be paid to him on the completion of the accumulation ; so that A. has a vested interest in the rents as they arise, but the settlor having directed simple accu- mulation only, the interest, on the rents is applicable to other purposes, and A. cannot call for the transfer till the rents have amounted to the requisite sum. 3. An accumulation can be directed for one only of the periods allowed by the statute, and not for two of the periods com- bined. () But if on his marriage he receive a portion with his wife, he may settle a fund of his own to the extent of the wife's fortune, for, though apparently a settlement by the husband, it is in fact a settlement of the money advan- ced by the wife.(5') It is not unusual to find a clause in a will directory to trustees to purchase a presentation in favour of some particular object; but, it seems, if the purchase be made with the intention of presenting the cestui que trust, though the patron himself was ignorant of the purpose in view,(r) it falls within the statutes enacted for the prevention of simony, (s) A patron is forbidden to present for money, either directly or indirectly ; and, the object being determined upon at the time of the purchase, the construction put upon the transaction by the court is, that the patron presents indirectly by selling to a person who purchases with the sole intention of presenting. r*iq7T It has been ruled that the statute relating to insurances on L J *lives does not prohibit an insurance on the life of A. in the name of B., ^ipon trtistfor A., when both names appear upon the policy. (<) Fictitious, fraudulent, or collusive conveyances, for the purpose of splitting votes for members of parliament, as when the conveyances are in form only, and there is a private arrangement between the parties that no interest shall pass, are null and void; but if A. 6o?m^fZe and without any secret understanding in derogation of the deed, though for the pur- pose of multiplying votes, convey to B. in trust for a number of persons as tenants in common, that they may thereby acquire a qualification, the deed is unimpeachable. (?A income, it was held the assignment being confined to the arrears was valid ; Re Stulz's Trusts, 4 De Gex, Mac. & Gord. 404. (/) Dommett v. Bedford, 6 T. R. 684 ; Cooper v. Wyatt, 5 Mad. 482. (m) 1 & 2 Vict. c. 110, s. 36 ; see Pjm v. Lockyer, 12 Sim. 394. (n) Shee v. Hale, 13 Ves. 404 ; Brandon v. Aston, 2 Y. & G. Ch. Ca. 24 ; Church- ill V. Marks, 1 Colls. 441 ; Martin v. Margham, 14 Sim. 230. (o) Phipps V. Lord Ennismore, 4 Russ. 131. (p) Higginbotham v. Holme, 19 Ves. 88 ; Ex parte Hill, 1 Cooke's Bank. Law, 291 ; Ex parte Bennet, lb. 293 ; In re Murphv, 1 Sch. & Lef. 44 ; In re Meaghan, lb. 179 ; Ex parte Hodgson, 19 Ves. 206 ; Re Casey's Trust, 3 Ir. Ch. Rep. 419 : 4 Ir. Ch. Rep. 247. ^ (?) Ex parte Cooke, 8 Ves. 353 ; Higginson v. Kelly, 1 B. & B. 252 ; Ex parte Verner, lb. 260 ; In re Meaghan, 1 Sch. & Lef. 179; Ex parte Hodgson, 19 Ves. 206 ; but see Ex parte Hill, 1 Cooke's Bank. Law, 291, and compare Ex parte Hodgson, 19 Ves. 208. (^) King v. Trussel, 1 Sid. 329. («) Kitchen v. Calvert, Lane, 102, per Baron Snig; Whinchcombe v. Pulleston, ^oy, 25 per Lord Hobart; Godbolt, 390; and see Fearne's P. W. 404 ; but see J^ox V. Bishop of Chester, 6 Bing. 1. (i) CoUett V. Morrison, 9 Hare, 162. B Re ^'io™^^'^ ^* ^'^^P^'''^'^' ^ ^°'"- ^- ^^P- ^^^ > Alexander v. Newman, 2 Com. OF THE OBJECT PROPOSED EY THE TRUST. 173 Where a trust is created for au unlawful aud fraudulent purpose the court will neither enforce the trust in favour of the parties intended to be benefited, nor will assist the settlor to recover the estate. Thus in Cottington v. Fletcher,(i;) before Lord Hardwicke, a papist had assigned an advowson to A. B. for a term of ninety-nine years, for the purpose of evading the statutes which vested in the two universities presentations of livings in the gift of papists. The grantor afterwards conformed to the protestant religion, and filed a bill against A. B., pray- ing a discovery of the secret trust. The defendant pleaded the Statute of Frauds, by which all declarations of trust are required to be in writ- ing, but admitted by his answer for what purposes the assignment had been made. Lord Hardwicke held, that, if the plea had stood by itself, it might have been good enough, but, coupled with the answer which was a full admission of the facts, it ought to be overruled ; but his lordship added, 'j;-,qQn he observed, "is made to say, that, upon the admission of the L "^^J trust by the defendant, he would act. I do not know whether he did act upon it, but it is questionable whether he shoidd, for there is a great difi"erence between the case of an heir coming to be relieved against the act of his ancestor in fraud of the law, and of a man coming upon his own act under such circumstances. It is said it might be difi"ereut, if it had come on upon demurrer. Lord Hardwicke means to say, that, if the defendant admits the trust, though against the policy of the law, he would relieve; but if he does not admit the trust, then, the plaintiff stating he had been guilty of a fraud upon the law to evade the pro- vision of the legislature to which he was bound to submit, and coming to equity to be relieved against his own act, and the defence also being dishonest, the court, between the two species of dishonesty, would not act, but would say, "let the estate lie where it falls. "(«•) The distinction here taken by Lord Eldon between a bill filed by the author of the fraud himself, and by a person taking through him but not a party to the fraud, is supported by other authority,(a;j and may be illus- trated by the two following cases, both arising out of the same transaction, the one before Lord Redesdale, aud the other before Lord Mannei's : — John Brown, a trader in partnership with his brothers William and Thomas, resolved on commencing business as a banker; and, for the purpose of avoiding the penalties of the statute against a banker's trading, (v) 2 Atk. 155. (tv) Muckleston v. Brown, 6 Ves. 68 ; and see Chaplin v. Chaplin, 3 P. W. 233 ; Hamilton v. Ball, 2 Ir. Eq. Rep. 191 ; Groves v. Groves, 3 Y. & Jer. 163. (x) Matthew v. Hanbury, 2 Vern. 187 ; Brackenbiiry v. Brackeuburj', 2 J. & W. 391 ; Miles v. Durnford, 2 Mac. & Gord. 643 ; and see Phillpotts v. Phillpotts, 10 Com. B. Rep. 85 ; Groves v. Groves, 3 Y. & Jer. 163. See a classification of the cases in reference to cohabitation bonds, 3 Mac. & Gor. note (c), page 100 ; Chil- ders V. Childers, 3 Kay & Johns. 310 ; under appeal at the date of publication. February, 1858. — 12 174 LEWIN ON THE LAW 01 T R T S T S, ETC. he assigned all his interest in the mercantile concern to his brother William in trust for himself; and William executed a declaration of trust accordingly. Shortly afterwards, William also, intending to enter „-, into a banking-house, prevailed on Thomas to become trustee [ 13J] *|^Qj.jj fQj. iiimself and John, for their respective shares in the partnership. William Brovra died, and Thomas Brown, the trustee, became bankrupt. The legatees of William filed a bill against the assisnees and others to have the benefit of the secret trust, and Lord . Redesdale said, <' I will not enter into the question, whether William mio-ht not have compelled Thomas to account with him as trustee, if he had brought a bill in his lifetime ; but, as between the creditors and legatees of William (on the one side) and Thomas (on the other,) there is no doubt, in point of conscience, Thomas was bound to consider this a trust for them ; and accordingly he does, after the death of William, acknowledge himself to be a trustee. I remember a case, where a per- son, who was executor to a smuggler, on being called on to account for the estate of the testator, endeavoured to avoid a considerable part of the amount, by saying that they were smuggling transactions, on which the courts would not allow any action to be maintained. The answer was, all that died with the smuggler ; he could not have himself sued, but his executor shall not set up that as a defence against his creditors and legatees."(^) Afterwards, John Brown himself filed a bill in chancery to have the benefit of the trust ; but Lord 3Ianners said, " The bill in this case is brought by John Brown himself, and I am quite clear that he cannot recover; and, as he has endeavoured to make this court ancillary to his plan for evading the provisions of a positive law, I must dismiss the bill with costs."(s) Where, however, the trust, though unlawful, and therefore inoperative, is not tainted with fraud, the court may grant relief even to the settlor. Thus, A. settled personal property upon B. and C, and such other illegitimate children of D. as should be thereafter born, if they respec- tively attained the age of 25. B. and C. died under 25, but other children were born, and then A. filed a bill for the retransfer of the fund, and there being no fraud on the part of the settlor it was so directed, (o) [*140] ^CHAPTER VIL IN WHAT LANGUAGE A TRUST MAY BE DECLARED. A PERSON may declare a trust either directly or indirectly : the former, by creating a trust eo nomine in the form and terms of a trust; the latter, without aff'ecting to create a trust in words, by evincing an inten- {y) Joy V. Campbell, 1 Sch. & Lef. 328, see 335, 339. (z) Ottley V. Browne, 1 B. & B. 360 (a) Wilkinson v. Wilkinson, 1 Y. & C. Ch. Ca. 657. IN WHAT TERMS A TRUST MAY BE DECLARED. I75 tion, which the court will effectuate through the medium of au implied trust.(l) SECTION I. OF DIRECT OR EXPRESS DECLARATIONS OF TRUST. In creating a trust, a person need only make his meaning clear as to the interest he intends to give, without regarding the technical terms of the common law in the limitation of legal estates : an equitable fee may be created without the *word ''heirs," and an equitable entail |-:i:-|^-j-i without the words << heirs of the body;"(6) provided words L J which though not technical are yet popularly equivalent be used, or the intention otherwise sufficiently appear upon the face of the instrument. And if an estate be devised unto and to the use of A. and his heirs, upon trust for B., without any words of limitation, B. takes the equitable fee; for the whole estate passed to the trustees, and whatever interest they took was given in trust for B.(c) But if an estate be conveyed by deed unto and to the use of a trustee, and his heirs, in trust for the settlor for life, and after her death upon trust for her children, simply without the word heirs, the children by analogy to legal limitations take an estate for life only.(c?) But though technical terms be not absolutely necessary, yet no rule is better established than that where technical terms are employed, they shall be taken in their legal and technical sense.(e) Lord Hardwicke indeed said that, in limitations of a trust either of real or personal estate to be determined in that court, the construction ought to be the same as in limitations of the legal estate, with this distinction. {b) See Shep. Touch, by Preston, 106. (c) More v. Cleghorn, 10 Beav. 423 ; affirmed on appeal, 12 Juris. 591 ; Knight T. Selby, 3 Man. & Gran. 92 ; Doe v. Cafe, V Exch. Rep. 675. (d) Holliday v. Overton, 14 Beav. 467, 15 Beav. 480. (e) Wright v. Pearson, 1 Ed. 125, per Lord Henley; Austen v. Taylor, 1 Ed. 361, per eundem ; Synge v. Hales, 2 B. & B. 507, per Lord Manners ; Jervoise v. Duke of Northumberland, 1 J. & W. 571, per Lord Eldon ; Lord Glenorchy v. Bosville, Gas. t. Talb. 19, per Lord Talbot ; Bale v. Coleman, 8 Vin. 268, per Lord Harcourt. (1) The terms Implied Trusts, Trusts by Operation of Laic, and Constructive Trusts, appear from the books to be almost synonymous expressions ; but for the purposes of the present work the following distinctions, as considered the most accurate, will be observed -.—1. An implied trust is one declared by a party not directly, but onlv by implication ; as where a testator devises an estate to A. and his heirs, not doubtinrf that he will thereout pay an annuity of 20Z. per annum to B. for his life, in which case A. is a trustee for B. to the extent of the annuity. 2. Trusts by operation of law are such as are not declared by a party at all, either directly or "indirectly, but result from the effect of a rule of equity ; as where an estate is devised to A. and his heirs, upon trust to sell and pay the testator's debts, in -ivhich case the surplus of the beneficial interest results to the testator's heir. 3. Constructive trusts (which form one branch of trusts by operation of law, while resulting trusts constitute the other) are such trusts as the court elicits by a con- struction put upon certain acts of parties, as where a tenant for life of leaseholds renews the lease on his own account, in which case the law gives the benefit of the renewed lease to those who were interested in the old lease. 176 LEAVIN ON THE LAAV OF TRUSTS, ETC. unless the intention of the testator or author of the trust plainly appeared to the contrary. (f) But this position has since been repeatedly and expressly overruled. " I am of opinion/' said Lord Henley, <■'■ that a limitation in a trust, perfected and declared by a testator, must have the same construction as the devise of a legal estate executed ; and to hold the contrary would make property very precarious and uncertain ; the testator would mean one thing in this court, and the direct contrary on the other side of the hall."(^) And on another occasion he observed, " I am very clear that this *court cannot make a different con- [ -'■^-'J struction in the limitation of a trust, than courts of law could make on a limitation in a will, for in hoth cases the intention shall take place, "(/i) As the rule in Shelley's case is not one of construction, that is, of intention, but of law, and was established to remedy certain mischiefs, which, if heirs were allowed to take as purchasers, would be introduced into feudal tenures ; it may be thought, that, as trusts are wholly inde- pendent of tenure, they ought not to be affected by the operation of the rule; and the cases of Withers v. Allgood,(i) and Bagshaw v. Spencer,(/l-) seem to lend some countenance to the doctrine. But not to mention that Lord Hardwicke himself appears in Garth v. Baldwin^ to have doubted the position advanced by him in Bagshaw v. Spencer, other subsequent authorities have now perfectly established the principle, that although the rule may not be equally applkaUe to trusts, it shall be equally iipplied.{it%\ lu a recent case,(n') a testator by his will devised an estate to his eldest son, George Henry Arnold, for 99 years if he so long lived, and subject to the term to Henry Hoare and Thomas Gilbert, and their heirs, during the life of the termor to preserve contingent remainders, and after the determination of the said estates to the heirs of the hody of the said G. H. Arnold. Had the testator left the devise in this form, it is clear that the heirs of the body of G. H. Arnold would have taken as purchasers. The testator afterwards, by a codicil, confirmed the will, but devised all his estates to the use of H. J. Arnold, H. Peters, H. Hoare, and E. Mor- rison, and their heirs, upon trust to convey such parts thereof as they should think fit for securing a jointure of 1200A to his wife, the said H. J. Arnold. Thus, by the codicil, the legal fee simple became vested in r*14^1 ^^^^ ^^^^ trustees, and the limitations of the will *became equi- L J table, and it was contended that as the equitable estate for the life of G. H. Arnold resulted to him as the heir-at-law, it united with the limitation to the heirs of his body by the operation of the rule in Shelley's case, and that G. H. Arnold consequently became tenant in (/) Garth v. Baldwin, 2 Ves. 655. [y) Wright v, Pearson, 1 Ed. 125. [h) Austen v. Taylor, 1 Ed. 3GV ; and see Philips v. Brydges, 3 Ves. jun. 125 ; .Jeryoise v. Duke of Northumberland, 1 J. & W. 571. (i) Cited in Bagshaw v. Spencer, 1 "Ves. 150 ; 1 Coll. Jur. 403. (A;) 1 Ves. 142; 1 Coll. Jur. 378, {I) 2 Ves. 646. (m) Wright V. Pearson, 1 Ed. 128 ; Brydges v. Brydges, 3 Ves. 120 ; Jones v. Morgan, 1 B. C. C. 206 ; Webb v. Earl of Shaftesbury, 3 M. & K. 599 : Roberts v. Dixwell, 1 Atk. 610, West, 536 ; Britton v. Twinino-, 3 Mer 176 (n) Coape v. Arnold, 2 Sm. & Gif. 311. IN WHAT TEEMS A TRUST MAY BE DECLARED. I77 tail. It was decided, however, tliat under tlie circumstance.s tlielieirs of the body of Gr. H. Arnold took as purchasrrs. The cases of Adams v. Savage, 2 Salk. 679 ; and Rawley v. Holland, 22 Vin. Ab. 189, PI. 11, (in which it was held that where a term of years is expressly limited to the grantor, with a use after his death to the heirs of his body, no result- ing use to the grantor for his life can be implied, as it would be repugnant to the term expressly limited to him, and in fact destroy it,) were adverted to in the judgment of the vice-chancellor with seeming approbation ; though the decision was not rested upon them. The autho- rity of these cases, however, has been much disputed, the question being one, not of implied intention but of legal operation. (0) And with refe- rence to the decision itself it may be observed that the equitable freehold could not during the life of G. H. Arnold be in suspense, and could be vested in no one but G. H. Arnold, the heir-at-law ; and if so, the life- estate to G. H. Arnold, and the limitation to the heirs of his body, ought, according to the general acceptation of the rule in Shelley's case, as one not of intention but of legal operation, to have united and formed an estate tail. The true ground to which the decision should be referred appears to be this: the codicil was made for a particular purpose, viz., for securing the jointure, and as it confirmed the will in all other respects, the testator's intention evidently was, that after securing the jointure, the trustees of the codicil should convey the estate to the uses declared by the will. It was, therefore, an executory trust, and the question was not whether in mere equitable estates a life interest resulting to the heir-at- law would unite with a limitation to the heirs of his body, but whether according to the true construction of the will the settlement was not meant to be executed in such a form as to make the heirs of the body purchasers. In this light the question was one of *intention, r*-j^^j.-i and not of legal operation. The case was subsequently afiirmed L -• on appeal by Lord Cranworth, and it is conceived substantially, though not in terms, upon the ground above indicated as the true principle. (j)) We have said, that, if technical words be employed, they must be taken in their legal and technical sense ; but as to this, a distinction must be drawn between trusts executed, and trusts that are only executory : for to trusts executed the position is strictly applicable, but in the case of trusts that are executory it must be received with considerable allowance. A trust executed is where the limitations of the equitable interest are complete and final ; in the executory trust, the limitations of the equi- table interest are intended to serve merely as minutes or instructions for perfecting the settlement at some future period. The distinction we are considering was very early established, and was recognised successively by Lord Cowper,(r2) Lord King,(r) Lord Talbot,(.s) and by no one more frequently than by Lord Hardwicke himself ;(/) yet (0) See note hy Butler to Fearne's Contingent Remainders, p. 41. {p) Coape V. Arnold, 4 De Gex, Mac. & Gord. 5f4. Iq) Bale v. Coleman, 8 Vin. 267 ; Earl of Stamford v. Sir John Hobart, 3 B. P. C. 33. (r) Papillon v. Voice, 2 P. W. 471. (s) Lord Gleuorchy v. Bosville, Cas. t. Talbot, 3. (<) Gower v. Grosveuor, Barnard, 62 : Roberts v. Dixwell, 1 Atk. 607 ; Basker- J78 LEWIN OX THE LAAV OF TKUSTS, ETC. in Ba2;shaw v. Spencer(?/) Lord Hardwicke almost denied that any such distinction existed. " As to the difference," he said, " between trusts executed and trusts executory, no one is more unwilling than I am quieta movere ; but this distinction never has been established by any direct resolution, though said arguendo, and was it to be examined to the bot- tom, it might sound strange how it should be established. All trusts in notion of law are executory,(v) and to be carried into execution here by suhpoena. The first essential part of a trust is, that the trustee is to con- vey the estate some time or other, whether the testator has directed it or not, which every testator is presumed to know ; ^therefore a doubt L J may be reasonably made how there can be a difference, whether the testator has directed a conveyance or not." But in a subsequent case(!r) his lordship felt himself called upon to offer some explanation. " He did not mean," he said, <' in Bagshaw v. Spencer, that no weight was to be laid on the distinction, but that, if it had come recently before him, he should then have thought there was little weight in it, although he should have had that deference for his predecessors, as not to lay it out of the case, not intending to say that all which his predecessors did was wrong founded, which he desired might be remembered." But whatever doubts may formerly have existed upon the subject, they have long since been dispelled by the authority of succeeding judges. " The words executory trust," said Lord Xorthington, " seem to me to have no fixed signification. Lord King describes an executory trust to be, where the party must come to this court to have the benefit of the will. But that is the case of every trust ; and I am very clear, that this court cannot make a different construction on the limitation of a trust, than courts of law would make on a limitation in a will, for in both cases the intention shall take place. The true criterion is this : Wher- ever the assistance of this court is necessary to complete a limitation, in that case, the limitation in the will not being complete, that is sufficient evidence of the testator's intention that the court should model the limi- tations; but where the trusts and limitations are already expressly declared, the court has no authority to interfere, and make them different from what they would be at law."(x) And Lord Eldon observed, " Where there is an executory trust, that is, where the testator has directed some- thing to be done, and has not himself completed the devise, the court has been in the habit of looking to see what was his intention ; and if what he has done amounts to an imperfection with respect to the exeeu- r*146"l ^^^"^ °^ ^^^^ intention, the court inquires what it is itself to do, -• *and it will mould what remains to be done, so as to carry that intention into execution : I repeat, where there is a trust executory ; be- ville V, BaskerviUe, 2 Atk. 279 ; Marryatt v. Townlv, 1 Ves. 102 ; Read v. Snell, i Atk. 648 ; Woodhouse v. Hoskias, 3 Atk. 24. (m) 1 Ves. 152 ; and see Hopkias v. Hopkins, 1 Atk. 594. (w) bee Lord Eldon's observations, Jervoise v. Duke of Northumberland, 1 J. (\v'' ^^"^ ^°^*^ Henley's, Austen v. Taylor, 1 Ed. 366. {w) Exel V. Wallace, 2 Ves. 323. And Lord Henlev once said, he believed Lord narawicke had at last renounced his opinion, Barnard v. Proby, 2 Cox, 8. wifi. I'" ^- '^''y^°'' ^ ^^- ^^'^' 368 ; and see Stanley v. Lennard, 1 Ed. 95 ; Wright V. Pearson, 1 Ed. 125. IN WHAT TERMS A TRUST MAY BE DECLARED. IJQ cause one is a good deal confused by tlie inaccuracy of the expressions 'trust executory/ and 'trust executed.' The latter, no doubt, in one sense of the word is a trust executory, that is, if A. B. is a trustee for C. J)., or for C. D. and others, that in this sense is executory, that C. D., or C. D. and the other persons, may call upon A. B. to make a convey- ance,.and execute the trust. But these are cases where the testator has clearly decided what the trust is to be ; and, as equity follows the law, where the testator has left nothing to be done, but has himself expressed it, there the effect must be the same, whether the estate is equitable or legal. ' Yi/) We proceed to the inquiry to what extent in executory trusts a lati- tude of construction is admissible : and to draw the line correctly, we must again distinguish between executory trusts in marriage articles, where the court has a clue to the intention from the very nature of the contract, and executory trusts in ivills, where the court knows nothing of the object in view a priori, but in collecting the intention must be guided solely by the language of the instrument. This distinction was at first but very imperfectly understood. Because executory trusts under wills admitted a degree of latitude, it was held by some, they were to be treated precisely on the same footing as execu- tory trusts in marriage articles j while, because trusts under wills did not admit an equal latitude of construction, it was held by others they were not to be distinguished from trusts executed. (,?) Even Lord Eldon once observed, " There is no difference in the execution of an executory trust created by will, and of a covenant in marriage articles ; such a dis- tinction would shake to their foundation the rules of equity.'Ya) But Lord Manners said he could not assent to this doctrine jfi) and Lord Eldon some time after took an opportunity of correcting himself. (c) *The distinction we are considering has been put in a very r-:!;-i (--i clear light by Sir W. Grant. " I know of no difference/' he L * J said, "between an executory trust in marriage articles and in a will, except that the object and purpose of the former furnish an indication of intention which must be wanting in the latter. Where the object is to make a provision by the settlement of an estate for the issue of a mar- riage, it is not to be presumed that the parties meant to put it in the power of the father to defeat that purpose, and appropriate the estate to himself. If, therefore, the agreement be to limit an estate for life, with remainder to the heirs of the body, the court decrees a strict settlement in conformity to the presumable intention. But if a will directs a limi- tation for life, with remainder to the heirs of the body, the court has no such ground for decreeing a strict settlement. A testator gives arbitra- rily what estate he thinks fit; the subject being mere bounty, the intended extent of that bounty can be known only from the words in which it is given. But if it is clearly to be ascertained from any. thing {y) Jervoise v. Duke of Northumberland, 1 J. & W. 570 ; and see Coape v. Arnold, 4 De Gex M. & G. 585. (z) See Bale v. Coleman, 8 Vin. 267. \a) Countess of Lincoln v. Duke of Newcastle, 12 Yes. 227, 230 ; and see Tur- ner V. Sargent, IT Beav. 519. {h) StraflFord v. Powell, 1 B. & B. 25; Synge v. Hales, 2 B. & B. 508. (c) Jervoise v. Duke of Northumberland, 1 J. & W. 574. 180 LEWIN ON THE LAW OF TRUSTS, ETC. in the will, that the testator did not mean to use the expressions which he has employed, in their strict proper and technical sense, the court in decreeing such settlement as he has directed, will depart from his words in order to execute his intention."(i) To apply the foregoing distinction to the cases that have occurred : if in marriage artidrs the real estate of the husband or wife be so limited to the heirs of the hodi/, or the issue[c) of the contracting parties, or either of them, that heirs of the body, or issue, if taken in their ordinary legal sense, would enable one or other of the parents to defeat the provision intended for the children, these words will then be construed in equity to mean first and other sons ; and the settlement will be made upon them successively in tail, as purchasers. (fZ) *If the settlement has been already made, then, provided the [ -'^^^J execution of it was after the marriage, it will be rectified by the articles ;(e) but if the execution of it was prior to the marriage, the court will presume the parties to have entered into a different agreement,(/) unless the settlement expressly state itself to be made in pursuance of the articles, when that presumption will be rebutted, and the settlement will be rectified, (^) or unless it can be shown that the settlement was intended to be in conformity with the articles, and there is clear and satisfactory evidence that the discrepancy has arisen from mistake. (^) Under the law as it stood prior to the Fines and Recoveries Act(i) a strict settlement was not decreed, where the property of the husband was limited to the heirs of the body of the wife ; for this created an entail which neither husband nor wife could bar without the concurrence of the other, and the intent might have been, that the husband and the wife jointhj should have the power of destroying the entail ;(ji') but, it is con- ceived, that as to articles executed subsequently to the act referred to, the case would be otherwise. (Z-) Nor will the court read heirs of the body as first and other sons, where such a construction is negatived by any thing in the articles themselves : (6) Blackburn v. Stables, 2 V. & B. 369; and see Maguire v. Scully, 2 Hog. 113 ; Rockford v. Fitzmaurice, 1 Conn. & Laws. 173 ; 2 Drur. & War. 18 ; 4 Ir. Eq. Rep. 375. (c) Dod V. Dod, Amb. 274. {d) Handick v. Wilkes, 1 Eq. Ca. Ab. 393 ; Trevor v. Trevor, 1 P. W, 622 ; Jones V. Langton, 1 Eq. Ca. Ab. 392 ; Cusack v. Cusack, 5 B. P. C. 116 ; Griffith v. Buckle, 2 Vern. 13 ; Stonor v. Curwen, 5 Sim. 269, per Sir L. Shadwell ; Da- vies V. Davies, 4 Beav. 54 ; Rochford v. Fitzmaurice, ubi supra. (e) Streatfield v. Streatfield, Cas. t. Talb. 176 ; Warrick v. Warrick, 3 Atk. 293, per Lord Hardwicke ; Legg v. Goldwire, Cas. t. Talb. 20, per Lord Talbot ; Bur- ton V. Hastings, Gilb. Eq. Rep. 113 ; S. C. 1 Eq. Ca. Ab. 393, overruled. (/) Legg V. Goldwire, Cas. t. Talbot, 20 ; and see Warrick v. Warrick, 3 Atk. 291. i'j) Honor v. Honor, 1 P. W. 123 ; Roberts v. Kingsley, 1 Ves. 238 ; West v. Errissey, 2 P. W. 349 ; but not it seems against a purchaser, Warrick v. Warrick, 2 Atk. 291. to 1 ! (h) Bold V. Hutchinson, 5 De Gex, M. & G. 568. (0 See 3 & 4 W. 4. c. 74, s. 16, 17. 0) Howel V. Howel, 2 Ves. 358 ; Whately v. Kemp, cited ib. ; Honor v. Honor, , ;. ^J? ' GvQ^xv V. Ekins, 2 Atk. 477, per Lord Hardwicke: Highway V. Ban- ner, 1 B. C. C. 587, per Sir L. Kenyon. {k) Rocbfort v. Fitzmaurice, 2 Drur. & War. 19. IN WHAT TERMS A irvUST MAY BE DECLARED, jgl as if one part of an estate be limited to the husband for life, the remainder to the wife for life, remainder to the first and other sons in tail, and another part be given to the husband for life, remainder to the heirs male of his body ; for, as it appears the parties knew how a strict settlement *should be framed, the limitation of part of the estate in a r:i;i j^q-i diflferent mode could only have proceeded from a difierent in- L J tention.0 It was formerly argued, that daughters in marriage articles were not entitled to the same consideration as sons, on the ground that they do not, like sons, continue the name of the family, and are generally pro- vided for, not by the estate itself, but by portions out of the estate ; but it is now clearly settled, that, as they are purchasers under the marriage, and are entitled to some provision, the court will in their favour construe heirs female to mean daughters ;fm) and, except the articles themselves make an express provision for them by way of portion, kc.,{ii) will hold daughters, as well as sons, to be included under the general term of heirs of the body,(o) or issue. (p) And the settlement will be executed on the daughters, in default of sons, as tenants in common in tail gene- ral, with cross remainders between them. (5') If chattels be articled to be settled on the parents for life, and then on the heirs of the hody of either, or both, it seems the chattels will not vest absolutely in the parents, but in the eldest son as the heir, though taking by purchase, and if there be no son, in the daughters as co- heiresses ;(>•) and for the son or daughters to take, it is not necessary that they should survive the parents and become the actual heir,(s) unless there be words in the articles to give it to the heirs of the body living at the death of the surviving parent, as "if the parent die with- out leaving heirs of the body."(A Again, if in marriage articles a party covenant to settle goods and ^chattels upon the same trusts, and for the same intents and pur- ^^^ r^-. poses, as the freeholds are settled, the court will not apply the L J limitations to the personal estate literally, the effect of which would be to vest the absolute interest in remainder in the first son on his birth, but will insert a proviso that will have the effect at least to a certain extent, of making the personal estate follow the course of the real. Sir Joseph Jekyll said, the practice of conveyances was to insert a limitation over on " dying under 21 j"(«) but Lord Hardwicke conceived {I) Howel V. Howel, 2 Ves. 359 ; and see Powell v. Price, 2 P. W. 535 ; Cham- bers V. Chambers, Fitzgib. Rep. 127 ; S. C. 2 Eq. Ca. Ab. 35 ; Rochlbrd v. Fitz- maurice, 1 Conn. & Laws. 174. {m) West V. Errissey, 2 P. W. 349. (ra) Powel v. Price, 2 P. W. 535 ; and see Mr. Fearne's observations. Conting. Rem. 103. (0) Burton v. Hastings, Gilb. Eq. Rep. 113 ; S. C. 1 Eq. Ca. Ab. 393, per Lord Cowper. {p) Hart V. Middlehurst, 3 Atk. 371 ; and see Maguire v. Scully, 2 Hog. 113 ; S. C. 1 Beat. 370. {q) See Marryat v. Townly, 1 Ves. 105. (r) Hodgeson v. Bussey, 2 Atk. 89 ; S. C. Barn. 195. Sec Bartlett v. Green, 13 Sim. 218. (s) Theebridge v. Kilburne, 2 Ves. 233. {t) Read v. Snell, 2 Atk. 642. (m) Stanley v. Leigh, 2 P. AV. 690. 182 LEWIN ON THE LAW OF TRUSTS, ETC. tlie common limitation over to be on " dying under 21 without issue."(D) In The Duke of Newcastle v. The Countess of Lincoln, (?f) the chattels were articled to be settled to the same uses as the realty, viz. to A. for life, remainder to the first and other sons in tail male, remainder to B. for life, remainder to B.'s first and other sons in tail male, remainders over. A. died, having had a son who lived only nine months. Lord Loughborough said, « I perfectly agree that in wills you are not to do for the testator all that can be done by law ; you are to do for the testa- tator no more than what he has intended to be done, and according to the common acceptation of the words. But I put it to you whether in the nature of things there is not a radical and essential difi"erence between marriage-settlements and wills. The parties contract upon a settlement for all the remainders; they are not voluntary, but within the consideration ; the issue are all purchasers. Suppose then a settlement to be made of freehold estate, and as to the leasehold estate there is only this article, that the settlement shall be analogous to that of the free- hold : do I execute it, and make a like settlement, by giving an interest which cuts off all the issue ? Suppose a bill was brought to carry the settlement into effect after a child had lived a single day, should I per- mit the father to say it was his property ? It is utterly impossible to make the identical settlement of the leasehold estate as of the freehold ; but if I am to make it in analogy to the settlement of the freehold, shall P^l r-, n I not carry it on to all the *near events, or shall they fail because L -I I cannot embrace all the remote events ?(a;) My opinion de- cidedly is, that, in the case of marriage articles, the settlement should be such that no child born and not attaining 21 should, by his birth, attain a vested interest to transmit to his representatives, and thereby defeat the ulterior objects of the articles, which are not decidedly in favour of one son, but equally extended to every son ; and that I take to be the settled rule and established practice. 'Y^) His lordship therefore held that the leaseholds had not vested absolutely in the deceased son of A., and ordered a proviso to be inserted in the settlement, that they should not vest absolutely in any son of B, who should not attain 21, or die under that age leaving issue male. From this decision an appeal was carried to the house of the lords -Jz) but, before the cause could be heard, a son of B. having attained 21, the decree was, that the son of B. had become absolutely entitled. Thus the house of lords decided that the absolute interest had not vested in the first tenant in tail on his birth; but what proviso ought to have been inserted, whether a limita- tion over " on dying under 21," or "on dying under 21 without issue male," the house in event was not called upon to determine. The order of the house of lords in this case was made with the approbation of Lord EUenborough and Lord Erskine, who took part in the debate : and also of Lord Thurlow.(a) But Lord Eldon denied before the house that there was any distinction between articles and wills, and therefore rely- {v) Gower v. Grosvenor, Barn. 63 ; S. C. 5 Mad. 348. (w) 3 Ves. 387. (z) 3 Yes. 394. y) lb. 397. (^) 12 Ves. 218. (a) 12 Ves. 237. IN WHAT TERMS A TRUST MAY BE DECLARED. 1S3 ing upon Foley v. Burnell, and Vaughan v. Burslem, two cases upon wills decided by Lord Thurlow, he said had the cause come origi- nally before him, he should have decreed the absolute interest to have vested in the eldest child upon birth ; that, notwithstanding seve- ral dicta in favour of a limitation over, no case could be found in which articles had been actually so executed; that assignments had been made of leasehold property under the notion that a son when born would take an absolute interest ; and, were the house to sanction the decree of Lord Loughborough, it would shake a *very large property. (6) j-.^, _.^-. However, his lordship conceived that Lord Hardwicke's doctrine L ' ""J was originally the best, and therefore, recollecting the opinion of that great judge, the opinion of Sir Joseph Jekyll, and the decision of the court below, and knowing the concurrent opinions of Lord Ellenborough and Lord Erskine, and also the opinion of Lord Thurlow (whose present sentiments, however, he could not reconcile with the cases of Foley v. Burnell, and Vaughan v. Burslem, formerly decided by his lordship, )(r) he bowed to all these authorities ; and, though he was in some degree dissatisfied with the determination, he nevertheless would not move an amendment. ((Z) It must be observed, that a settlement of the personalty cannot be made exactly analogous to a settlement of the realty, whether the limi- tation adopted be " on dying under 21," or " on dying under 21 with- out issue." For if the former be supposed, then, the object of the articles being to knit the leasehold estate to the freehold, if the son die under age leaving issue who will succeed to the freehold, the two estates will go in different directions. But, if the limitation over be " on dying under 21 without issue," then, if the son die leaving issue, the grand- child may die under age and unmarried, when the leaseholds will go to the son's personal representative, while the freeholds will devolve on the second son.(e) The case of the Countess of Lincoln v. The Duke of Newcastle appears to be the only authority upon the subject, and that has sanctioned the insertion of the proviso, '' on dying under 21 without issue." Again, in marriar/e articles, ?l?> joint-tenancy is an inconvenient mode of settlement on the children of the marriage (for, during their minori- ties no use can be made of their portions, as the joint-tenancy cannot be severed,j(/) the court will rectify the articles by the presumed intent of the contract, and will permit *words that would be construed a |-^,_„-. joint-tenancy at law, to create in equity a tenancy in common. (7) L J In other cases the court has varied the literal construction by supply- ing words, as where the agreement was to lay out 200^ in the purchase of 30?. a-year, to be settled on the husband and wife for their lives, remainder to the heirs of their bodies, remainder to the husband in fee, (b) 12 Ves. 236, 237. (cj Lord Eldou could not reconcile Lord Thurlow's opinion with these cases, because his lordship refused to admit the distinction between articles and wills. {d) The Countess of Lincoln v. The Duke of Newcastle, 12 Yes. 237. (e) Countess of Lincoln v. Duke of Newcastle, 12 Yes. 228, 229. (/) Taggart v. Taggart, 1 Sch. & Lef. 88, per Lord Redesdale ; and see Rigden V. Yallier, 3 Atk. 734, and Marryat v. Townley, 1 Yes. 103. {9) Taggart v. Taggart, 1 Sch. & Lef. 84. 184 LEWIN ON THE LAW OF TRUSTS, ETC. and, until the settlement should be made, the 200^. was to be applied to the separate use of the wife ; and, if no settlement were executed during their joint lives, the 200^. was to go to the wife, if living; but, if she died before her husband, then to her brother and sister; and the wife died before her husband, but left issue ; it was held the brother and sister had no claim to the fund, the words "if she died before her husband" intending plainly if she so died " without leaving issue."(^) Next as to icilh; and here, as no presumption arises a priori, that " heirs of the hody," were intended as words of purchase, if the executory trust of real estate be to ''A. and the heirs of his body,"(i) or to "A. and the heirs of his body and their heirs,"(y) or to A. for life and after his decease to the heirs of his body,"(^) the legal and ordinary construc- tion will be adopted, and A. will be made tenant in tail. So where the estate was directed to be settled on the testator's " daughter and her children, and, if she died without issue," the remainder over, the court said, that, by an immediate devise of the land in the words of the will, the daughter would have been tenant in tail, and in the case of a volun- tary devise the court must take it as they found it, though upon the like words in marriage articles it might have been otherwise. (?) r*i ^4.-1 ^"^^ where a testator directed lands to be settled on his L -1 <' nephew *for life, remainder to the heirs male of his body, and the heirs male of the body of every such heir male, severally and suc- cessively one after another as they should be in seniority of age and priority of birth, every elder and the heirs male of his body to be pre- ferred before every younger," Lord Cowper said, the nephew took by a voluntary devise, and, although executory, it was to be taken in the very words of the will as a devise, and was not to be supported or carried further in a court of equity than the same words would operate at law in a voluntary conveyance.(7?i) The decision apparently went upon the ground that the words '< and the heirs male of the body of every such heir male, severally and successively," &c,, were all included in the notion of an entail, and expressio corum, qua: tacite insunt, nihil ojicratur. And in a more recent case, where the executory trust was for A. generally, with a direction, that the trustees should not give up their trust till " a proper entail was made to the heir male by him," it was determined that A. took an estate tail.(?2.) But, in another case, where the devise was extremely similar, viz., to A. with a direction that the estate should be entailed on his heir male. Lord Eldon, on the assump- tion that it was an executory trust, and not a legal devise, considered {h) Kentish v. Newman, 1 P. W. 234; and see Targus v. Puget, 2 Yes. 194 : Master v. De Croisraar, 11 Beav. 184; Martin v. Martin, 2 R. & M. 507. [i) Harrison v. Naylor, 2 Cox, 247 ; Bagshaw v. Spencer, 1 Yes. 151, per Lord Hardwiclie ; Marshall v. Bousfield, 2 Mad. 16G. 0") Marryat v. Townley, 1 Yes. 104, per Lord Hardwicke. {k) B ackburn v. Stables, 2 Y. & B. 370, per Sir W. Grant : Seale v. Seale, 1 /n o ' ^^'^'^^^ ^- '^^^"^^' 2 Atk. 266, per Sir J. Jekyll. {t) bweetapple v. Bindon, 2 Yern. 536. (to) Legattv. Sewell, 2 Yern. 551. \fi? n Pp'''''''Y° ""■ '^^^^^es, 2 Y. & B. 367 ; recognized in Marshall v. Bousfied, 2 Mad. 166 ; and see Dodson v. Hay, 3 B. C. C. 405. IN WHAT TERMS A TRUST MAY BE DECLARED. 185 the entail so doubtful that he would not compel a purchaser to accept a title under it.(oj But " heirs of the body" will in the case of executory trusts in wills as well as in articles be read first and other sons, provided the testator expressly manifest such an intention, as if he direct a settlement on A. for life ''without impeachment of waste,"(p) or with a limitation to pre- serve contingent remainders,(3') or if he desire that " care be taken in the settlement that the tenant for life shall not bar the entail ;"(r) and *in one case "■ heirs of the body" was so construed, where a ^^^ - r-i testator had devised to the separate use of a /erne cooert for life, L J so as she alone should receive the rent, and the husband should not intermeddle therewith, and after her decease in trust for the heirs of her body; for, from the limitation to the heirs immediately after the wife's decease, coupled with the direction that the husband should not inter- meddle with the estate, the court collected the intention of excluding the husband's curtesy, an object which could only be accomplished by giving to " heirs of the body" the construction of words of purchasers) And a direction to settle on A. and the heirs of his body ''as counsel shall advise,"(<) or « as the executors shall think fit,"(?t) is strong col- lateral evidence, that something more was intended than a simple estate tail. And Sir L. Shadwell thought that if a testator directed an estate to be settled on a. feme covert for life, for her separate use, and at her death on her issue, the feme would not be tenant in tail, for the separate use requiring the life estate to be vested in trustees, the equitable estate in the feme could not unite with the legal estate in the issue, and therefore the rule in Shelley's case would not apply.(y) And where the trust was to setttle on A. for life, icithout impeachment of waste, with remainder to his issue in strict settlement, the court directed the estates to be settled on A. for life, without impeachment of waste, with remainder to his sons successively in tail male, with remainder to the daughters, as tenants in common in tail male, with cross remainders in tail male, and the proper limitations to trustees were inserted to preserve contingent remainders. (zp) We may here remark that " lieirs of the body" and " issue" are far from being synonymous expressions. The former are properly words of limitation, whereas the latter term is in its *primary sense a p-i Kg-i word of purchase. In several cases the court appears to have L J ordered a strict settlement from the use of the term " issue," where, (o) Jervoise v. Duke of Northumberland, 1 J. & W. 559 ; and see Woolmore v. Burrows, 1 Sim. 512. {p) Glenorchy v. Bosville, Cas. t. Talbot, 3. \q) Papillon v. Voice, 2 P. W. 471 ; and see Rochford v. Fitzmaurice, 1 Conn. & Laws. 158. {r) Leonard v. Lord Sussex, 2 Vern. 526. (s) Roberts v. Dixwell, 1 Atk. 607 ; S. C. West's Rep. t. Lord Ilardwicke, 536. \t) White V. Carter, 2 Ed. 366; reheard, Amb. 670. (m) Read v. Snell, 2 Atk. 642. {v) See Stonor v. Curwen, 5 Sim. 268 ; Earl of Verulam v. Bathurst, 13 Sim. 386. [w) Trevor v. Trevor, 13 Sim. 108 ; affirmed on this point, 1 H. of L. Ca. 239 ; and see Coape v. Arnold, 2 Sm. & Gif. 311 ; 4 De Gex, Mac. & Gord. 574. X8G LEAVIX ON THE LAW OF TRUSTS, ETC. had the expression been "heirs of the body/' the estate would probably have been construed an estate tail. (as) Of course, daughters as well as sons will be included under " heirs of the body/'(3^) or <' issue /'(z) for they equally answer the description, and are equally objects of bounty; and the settlement will be made upon them in default of sons, as tenants in common in tail, with cross remainders between (or amongst) them. (a) In executing a strict settlement the court, before the 8 & 9 Yict. c. 106 always took care that proper limitations to trustees should be inserted after the life estates for the preservation of contingent remainders ;(6) and, although by the effect of the act last referred to, contingent remainders are no longer destructible by the forfeiture, merger, or sur- render of the previous life estate, the limitations to trustees to preserve ought still, it is conceived, to be interposed, as well with the view of affording a convenient means of protecting the interests of contingent remaindermen in the event of wilful waste or destruction being com- mitted by the tenant for life before any remainderman comes in e«.se,(c) as with the view of preserving the protectorship, under the Fines and Recoveries Act, in the event of the destruction of the previous life estate. In a case occurring before the Fines and Recoveries Act (3 & 4 W. P^-, r „-, 4, c, 74,) where the testator had shown an anxious *wish that L -1 the power of defeating the entail should be as much restricted as possible, the court, instead of giving the first freehold to the tenant for life, which would have enabled him to make a tenant to the praecipe, ordered the freehold during his life to be vested in trustees in trust for him.(fZ) However in a case occurring after the Fines and Recoveries Act where an estate was vested in a trustee upon trust to execute a strict settlement on Lady Le Despencer and her family, and the master, to whom a refer- ence was directed, approved of a settlement on Lady Le Despencer for life, &c., but refused to appoint a ^ro^ec^or under the 32nd section of the act, the court held that, though in certain cases it might be advisable to appoint a protector, there should be special circumstances to warrant it. That the trustee was the " settlor" within the meaning of the 32nd section, and had the power to appoint a protector; and as he did not desire it, the court, unless there were good reasons to the contrary, would not control his discretion ; that a protector under the act was an irres- {z) Ashton V. Ashton, cited in Bagshaw v. Spencer, 1 Coll. Jur. 402 ; Meure v. Meure, 2 Atk. 265 ; and see Home v. Barton, Coop. 25; Dodson v. Hay, 3 B. C. C. 405; Stonor v. Curwen, 5 Sim. 264; Crozier v. Crozier, 2 Conn. & Laws. 311 ; and see Rochford v. Fitzmaurice, 1 Conn. & Laws. 158; Bastard v. Probj, 2 Cox, 6. (y) Bastard v. Proby, 2 Cox, 6. (z) Meure v. Meure, 2 Atk. 265; Ashton v. Ashton, cited in Bagshaw v. Spen- cer, 1 Coll. Jur. 402 ; Trevor v. Trevor, 13 Sim. 108. (a) ileure v. Meure, Ashton v. Ashton, Bastard v. Proby, and Trevor v. Trevor, ubi supra ; Marryat v. Townley, 1 Ves. sen. 105. (6) Harrison v. Naylor, 2 Cox, 247; S. C. 3 B. C. C. 108 ; Woolmore v. Bur- rows, 1 Sim. 512; Baskerville v. Baskerville, 2 Atk. 279; Trevor v. Trevor, 13 Atk' 59^ ' ^^^""^^"^^ ^- Sob^^'t' 3 B. P. C. 31 ; and see Hopkins v. Hopkins, 1 (c) Garth v. Cotton, 1 Ves. 554. [d) Woolmore v. Burrows, 1 Sim. 512, see 527. IN WHAT TERMS A TRUST MAY BE DECLARED. 187 ponsible person, and was at liberty to act from caprice, ill-will, or any bad motive, and might even take a bribe for consenting to bar the entail, without being amenable to the court, and therefore, on the whole, it was better not to clog the settlement with a protector. (e) Where gavelkind lands are the subject of the executory trust, the circumstance of the custom will not prevent the settlement upon the first and other sons successively, for the heirs take not by custom, but under the construction of a court of equity, which must be guided by the rules of the common law.(/) In the foregoing cases the court has rectified the will on the ground of the limitations having been imperfectly declared ; but if a testator direct a settlement, and be his own conveyancer, that is, declare the limitations himself, intending them to be final, the hands of the court are bound, and the words must be taken in their natural sense. (^) Thus a testator ^devised to A. for life without impeachment of waste, ^^-. r q-. remainder to trustees to preserve contingent remainders, remain- L J der to the heirs of the body of A., remainders over, and then directed the residue of his personal estate to be laid out in a purchase of lands, and declared that the lands when purchased ''should remain and con- tinue to, for, and upon such and the like estate or estates, uses, trusts, intents, and purposes, and under and subject to the like charges, restric- tions, and limitations, as were by him before limited, and declared of and concerning his lands and premises thereinbefore devised, or as near thereto as might ba, and the deaths of parties would admit." Lord Northington observed, " It is said, that if the limitations had been repeat- ed, it would have been the same with Papillon v. Voice, (2 P. W. 471 ;) but I think not ; because the testator refers no settlement to his trustees to complete, but declares his own uses and trusts, which being declared, I know no instance where the court has proceeded so far as to alter or change them.'Y/t) However, the decision to which his lordship came seems not to have met with the entire approbation of Lord Eldon. {pj In the cases relating to executory trusts of chattels in wills, the be- quest, instead of being direct, has generally been by way of reference to a previous strict settlement of realty. The law upon this subject was for a long time in a very fluctuating state, as will appear from a review of the cases. In Grower v. (xrosvenor,(^) a testator devised his real estate to Sir Thomas Grosvenor for life, with remainder to his first and other sons in tail, and in default of issue to Robert Grosvenor for life, with remainder to his first and other sons in tail, and the testator then proceeded. '' My will and mind is, that my library of books, &c., shall go as heir-looms as far as they can hy law, to the heirs male of my family successively, (e) Bankes v. Le Despencer, 11 Sim. 508. {/) Roberts v. Dixwell, 1 Atk. 607. (g) Franks v. Price, 3 Beav. 182 ; and see Rocliford v. Fitzmaurice, 1 Conn. & Laws. 173; 2 Drur. & War. 21. ih) Austen v. Taylor, 1 Ed. 361. \i) See Green v. Stephens, 17 Ves. 76 ; Jervoise v. Duke of Northumberland, 1 J. & W. 572. (A) 5 Madd. 337; Barnardiston. 54. 1§8 LEWIN ON THE LAW OF TRUSTS, ETC. as my real estate is hereby settled." Sir Thomas died without issue, and the bill was filed by a legatee *of Sir Thomas against Robert [*159] Q^rosvenor, who was the executor of Sir Thomas, and the tenant in possession of the real estate, to have the books, &c., applied as part of Sir Thomas's personal estate. It was argued for the plaintiff that the chattels had vested absolutely in Sir Thomas, inasmuch as he had a son who, as tenant in tail of the real estate, might have claimed the chat- tels absolutely, and that the limitations after the entail, intended for the second son, were void for remoteness ', but Lord Hardwicke held the meanino' of the limitations as regards the chattels on the death of Sir Thomas to be in the alternative, that is, if Sir Thomas should have a son, then such son was to take, but if he should have no son, then to go to Robert for life, with remainder to his first and other sons, so that the limitation to Robert and his son was not in remainder after an entail, but a contingency to be determined on the death of Sir Thomas ; that as the heir-looms were to go as far as they could by law, the testator intended a settlement to be made by the court, and the trust being executory, the proper limitations would be to Sir Thomas for life, with remainder to his first son absolutely : but if he died under 21 without issue, then to the second son in like manner ; and if he had no such son, then to Robert Grosvenor for life, &c. The court, therefore, decided that the chattels had not vested absolutely in Sir Thomas, the tenant for life. The point actually determined, viz., that Sir Thomas did not take absolutely, was clearly right ; but the doctrine laid down by Lord Hard- wicke, that the trust was executory, and that the chattels would be settled in the manner suggested by him, has been much questioned. (?) The direction that chattels shall go along with strictly settled real estate, <'as far as the law will allow," may either mean that the chattels shall be held upon the same trusts as the real estate, so far as the different natures of the two properties will permit, in which case the first tenant in tail of the real estate will be entitled to the personal estate absolutely ; or it may intend, that the court shall make such a settlement of the r*l rm chattels, and insert in it such limitations as will carry *them in the L -I same channel with the real estate, for as long a period as by any device in the law can be effected. In the former construction the testa- tor is said to be his own conveyancer, that is, he has declared the limita- tions himself, and the legal consequence must follow, though it may disappoint the object, by giving the tenant in tail of the real estate the absolute interest in the personal. In the latter construction the ti'ust is executory ; that is, the testator has only expressed the general intention, and has committed to the trustees the duty of giving it effect by inserting the proper limitations in making the settlement. Lord Hardwicke enter- tained the first view, but the latter has been adopted in more recent decisions. In Trafford v. Trafford,(??)) a testator devised lands in trust for Sigis- mund for life, remainder to his first and other sons in tail male, remainder to Clement for life, remainder to his first and other sons in tail male, with (l) See Countess of Lincoln v. Duke of Newcastle. 12 Ves 228 [m) 3 Atk. 34'7. IN M'HAT TERMS A TRUST MAY BE DECLARED. 1:^,9 remainders over, and then bequeathed as follows : " 7 devise all my plate, &c., to such male person (when he shall attain the age of 21 years) who shall then be entitled to the trust in possession of the real estate ; and / direct that till such male person shall attain 21, the said plate, &c., shall be kept on D., and be used by such male person residing there : and / declare it to be my express wish and desire that the said plate, &c., may, in the nature of /teiV-fooms, go with the said estate, and be used therewith, as long as the law of the realm will permit." Sigis- mund died without issue. Clement died, and the bill was filed by his eldest son, then an infant, to have the heir-looms delivered to him, which the executrix of Sigismund resisted, on the ground that Sigismund, who was under 21 at the date of the will, had afterwards, on attaining that age, become absolutely entitled. Lord Hardwicke declared that the plaintiff, on attaining 21, would take the property of the heir- looms, and in the mean time was entitled to the use. The first observation that occurs is, that as the limitation of the heir-looms, was not to such son of the tenants for life, hut to such male person as should attain 21, a century might r:{:-|Q-i-i *occur, through successive infancies, before the heir-looms would L J be vested. The legality of the direction might therefore have been questioned in limine.{ii) However, to pass by this point, which was overlooked by the court, the case is remarkable, as the only instance in which, under a will, the court has inserted a limitation over on the death of the tenant in tail under 21. Possibly Lord Hardwicke might have executed the trust in this manner, in pursuance of the general principles laid down by him in Grower v. Glrosvenor ; but Lord Eldon has justly observed(o) that in Trafford v. TraflFord, the testator himself had express- ly said that the property should not vest until that age. The case, therefore, has been regarded by subsequent judges as resting upon its own special circumstances, and not as an authority for the insertion of such a limitation in ordinary cases. In Foley v. Burnell,(p) a testator bequeathed all the standards, fix- tures, &c., " to be held and enjoyed by the several persons who, from time to time, should respectively and successively be entitled to the use and possession of the houses before devised by him in strict settlement, as and in the nature of heir-looms, to be annexed to and go along with such houses respectively," and then added, " it is my will and intention, that one of the services of plate should go to and be enjoyed by the pos- sessor of W., and the other by the possessor of 8. for the time being." Edward Foley was first tenant for life of the real estate, and the heir- looms were taken by the sheriff" under an execution against E. Foley, and the bill was filed by the first remainderman in tail to have the heir-looms restored. Lord Thurlow,in looking over the evidence, discovered that a son had been born to E, Foley, which son had died a few days after birth, and so dismissed the bill, on the ground that the absolute interest had (h) See Lord Southampton v. Marquis of Hertford, 2 Yes. & Be. 54 ; The Coun- tess of Lincohi v. Duke of Newcastle, 12 Ves. 231 ; Ibbetson v. Ibbetson, 5 Myl. & Cr. 26. (o) See Countess of Lincoln v. Duke of Newcastle, 12 Ves. 231 ; and see ob- servations of Lord St. Leonards, in Potts v. Potts, 3 Jones & Lat. 353. (jo) 1 B. C. C. 214. Febru.ary, 1858.— 13 190 LEWIN ON THE LAW OF TRUSTS, ETC. vested in E. Foley, as administrator of his deceased cliild. From this decision the plaintiffs appealed to the lords commissioners, and the ques- tion was, whether the absolute interest had vested in the *child [*162] gjjjgQiujely, or whether the court ought not, as the trust was exe- cutory, to have inserted a limitation over to the remainderman on the death of the child under 21. Lord Loughborough said there was no rule of law against the latter construction, if the intention sufficiently appeared ; but that the court would not act upon mere conjecture. Lord Commissioner Ashurst was of opinion that the testator had been his own conveyancer, and had declared his own limitations. Lord Commissioner Hotham concurred, and the bill was dismissed. An appeal was carried to the house of lords,(^) when the decree of the lords commissioners was affirmed. This case, if it stood alone, might have been distinguished from Grower v. Grovesnor, as in the latter the will was merely directory, while in Foley v. Burnell there was a direct bequest of the heir-looms : so that in the former case the trust was executory, while in the latter it was a trust executed. However, this distinction has not been observed in more recent cases. In Vaughan v. Burslem,(;-) the testator said, " I direct that all my plate, &c., shall go as heir-looms, with my real estate, and be held and enjoyed by the person or persons that shall, for the time being, by virtue of my will, be entitled to my real estate, as far as the rules of laic and equiti/ will permit." Lord Thurlow considered the words ''as far as the rules of law and equity will permit" to refer only to the known rule that the personal property could not go as far as the real, and that there was no case where the settlement had been carried to the utmost extent of what the law might do. That the words were not sufficient to prevent the vesting of the absolute interest in the first tenant in tail, and the bill which was filed by a remainderman, on the supposition that the heir- looms had not vested absolutely in a prior tenant in tail who had died an infant, was dismissed. Here, if in any case, the trust was executory; and yet, notwithstanding the words, " that the plate, &c., should go as heir- looms," and "as far as the rules of law and equity would permit," the court held the property to vest absolutely in the first tenant in tail, though he did not attain 21. r*i po-i *Other decisions to the same efi"ect have since followed,(s) and L J Gower v. Grosvenor, and TrafFord v. Trafford, may be considered as overruled. The law at the present day appears to be, that where a testator devises lauds in strict settlement, and then bequeaths heir-looms to be held by or in trust for the parties entitled under the limitations of the real estate, or without making any bequest, directs or expresses a desire that the heir-looms shall be held upon the like trusts, even though the testator should add the words « as far as the rules of law and equity will permit," the use of the heir-looms will belong to the tenant for life of (9) 4 Brown's P. C. 328. (;•) 3 b. C. C. 101. (g) Carr v. Errol, 14 Ves. 478 ; Lord Deerhurst v. Duke of St. Albans. 5 Madd. 232; Stratford v. Powell, 1 B. & B. 1 ; Rowland v. Morgan, 6 Hare, 463 '; S. C. on appeal 2 Phill. 764; and see Countess of Lincoln v. Duke of Newcastle. 12 Ves. 21 < ; Doncaster v. Doncaster. 3 K. & J. 2G. IN WHAT TERMS A TRUST MAY BE DECLARED. 191 tlie real estate for his life only, and the property of the heir-looms will vest absolutely in the first tenant in tail immediately on hi« birth, though he afterwards die an infant. The court, in these cases, either regards the trust as executed, and not of a directory character, or if the trust be executory, the court considers it has no authority in making a settlement to insert a limitation over on the tenant in tail dying under 21. How- ever, there is no unlawfulness in such a limitation, so that if a bequest of heir-looms in a will be clearly executory, and the testator manifests a distinct and unequivocal intention that a settlement shall be made of the heir-looms, and that such clauses shall be inserted as will render them inalienable for as long a period as the law will permit, the court would probably execute the intention by settling the heir-looms, and inserting a limitation, by which the absolute interest in the first tenant in tail should, by his death under 21, be carried over, as in the Countess of Lincoln v. Duke of Newcastle, a case of marriage articles, to the persou next entitled in remainder.(?) Again, in wills, if the words taken in their usual sense would create a joint-tenancy, the court has no authority, as it has in articles, to execute the trust by giving a tenancy in common ; *but where the testator p^, p , -, has shown a desire of providing for his children, (i«) or putting L J himself in loco parentis for his grand-children, (r) the court has adopted the same construction, as in articles : however, in the cases which have occurred, there has always been some accompanying circumstance to de- note a tenancy in common, as the estate really intended. Executory trusts in j^ost-nvptial settlements, whether voluntary or founded on a valuable consideration-, will be construed in the same man- ner as executory trusts in wills. (ic) We shall conclude this branch of our subject with a few observations upon the powers to be introduced in the execution of settlements, where the trust is executory. If the testator or contracting parties give no directions as to the inser- tion of powers, the court cannot, upon the ground of implied intention, order a power to be introduced,(.r) except possibly a power of leasinr/, which differs from all other powers in being an almost necessary adjunct for the preservation of the estate itself.(^) If the authority be express- ed in general terms, as " to insert all usual powers,'' the trustees may then introduce powers of leasing for 21 years,(2) of sale and exchange,(a) of (t) See the observations of Lord Loughborough in Foley v. Burnell, 1 B. C. C. 284, and of Lord Thurlow in Vaughan v. Burslem, 3 B. C. C. p. 106. (m) Marryat v. Townley, 1 Ves. 102. (v) Synge v. Hales, 2 B. & B. 499. (w) Rochford v. Fitzmaurice, 1 Conn. & Laws. 158. (a;) Wheate v. Hall, 17 Ves. 80, see 85 ; and see Brewster v. Angell, 1 J. & "\V. 628. In a recent case, however, where a will had simply directed a settlement without authorizing any powers expressly, the M. B. held a tacit intention to be implied that powers of leasing, sale and exchange, and appointment of new trus- tees, and of signing receipts, with provisions for maintenance, education, and ad- vancement, should be inserted. Turner v. Sargent, 17 Beav. 515. (y) See Fearne's P. W. 310; Woolmore t. Burrows, 1 Sim. 518. (z) See Hill v. Hill, 6 Sim. 144 ; The Duke of Bedford v. The Marquis of Aber- corn, 1 Myl. & Cr. 312. (a) Hill V. Hill, 6 Sim. 136 ; Peake v. Penlington, 2 V. & B. 311 : and see Wil- liams V. Carter, Append, to Treat, of Powers, No. 5. 192 LEWIN ON THE LAW OF TRUSTS, ETC. varying securities by investing in government or real securities,(&) and of appointment of new trustees ;(c) and, it seems, where the property is joint, or contains mines, or is fit for building, they may also insert powers ^ of partition, of ^leasing mines, and of granting building leases. (c?) [*165] <<]3^^j. jj^gi-e is a palpable distinction," said Sir Launeelot Shad- well <' between powers for the management and better enjoyment of the settled estate, as powers of leasing, of sale and exchange, &c., which are beneficial to all parties, and powers which confer personal privileges on particular parties, such as powers to jointure, to charge portions to raise money for any particular purpose, &c."(e) The latter, therefore, may not be introduced under a direction to insert imial powers, for they have the effect of diminishing the corpus of the settled estate, and the court has no rule by which to determine the quantum of the charge. (/) And if the will or articles direct the insertion of some particular powers by name, then, as expressio unius excluaw alterius, the meaning of the words << usual powers" will be materially qualified. Thus where it was stipu- lated that the settlement should contain a power of leasing for 21 years in possession, a power of sale and exchange, of appointment of new trus- tees, and other tisual jwwers, it was held that a power of granting build- ing leases could not be inserted. (^) So, if the trustees be authorized to insert a power of sale and exchange of estates in the county of Hereford, and all other umal poivcrs, they would not be justified in extending the power of sale and exchange to estates lying in a different county. (7i) And where a testator directed that the settlement should contain all proper powers for making leases, and otlierioisc according to circumstances, and that provision should also be made for.the appointment of new trustees, and the court was asked to insert a power of sale and exchange, Lord Eldon said, " It was held by Sir W. Grant, that unless the insertion of a power were authorized by the direction to make a settlement, it could not be introduced 3 and if, where nothing is expressed, nothing can be implied, it is impossible, where something is expressed, I can imply more than is expressed ; and r*1fifin particularly where the will notices what powers are to be given. "(i) L J But *where a testator directed the insertion of powers of leasing, and sale or exchange, or partition, and then added, '< And my will is, that in such intended settlement shall be inserted all .such other proper and reasonable powers as are usually inserted in settlements of the like na- ture," and the question was raised, whether, under these words, a power of appointment of new trustees might be introduced, Lord Cottenham, then M. R., said, "He had referred to the will, and as he found that those general words were in a separate and distinct sentence, he was of opinion they would authorize the insertion of the power."(^) (6) Sampayo v. Gould, 12 Sim. 42G. (c) Lindow v. Fleetwood, 6 Sim. 152 ; Brewster v. Angell, 1 J. & W. 628, per Lord Eldon ; Sampayo v. Gould, 12 Sim. 426. {d) See Hill v. Hifl, 6 Sim. 145 ; The Duke of Bedford v. The Marquis of Aber- corn, 1 Myl. & Cr. 312. (g) HUl y. Hill, 6 Sim. 144. (/) Higgmson v. Barneby, 2 S. & S. 516, see 518. [g) Pearse v. Baron, Jac. 158. (h) Hill V. Hill, 6 Sim. 141, per Sir L. Shadwell. (0 Brewster v. Angell, 1 J. & W. 625 ; and see Home v. Barton, Jac. 439. (*j Lmdow T. Fleetwood, 6 Sim. 152. IN WHAT TERMS A TRUST MAY BE DECLARED. 193 A testator had directed the insertion of proper powers for making leases or otherwise to be reserved to the tenants for life, while qualified to exercise them, and, whenever disqualified, to the trusteea. In the execution of the settlement, a power of sale and exchange was introduced, and was limited to the trustees with the consent of the tenant for life ; but it was held by Lord Eldon, that the insertion of the power in that mode was not in conformity with the instructions. (/) It was afterwards debated before Sir T. Plumer, whether a power of sale and exchange could in any form, be admitted ; when his honor said, " The first point to be considered is, in whom the powers are to be vested ; and it is clear that they are to be given to the tenants for life, if qualified, and if they should not be able to act, to the trustees. — Now, if the power of sale and exchange is to be given to the tenant for life without check or control, I cannot say that it is a proper power ; on the contrary, it may be very dangerous, as the tenant for life may, for many reasons, be induced to sell, when it may not be for the benefit of the remaindermen ; nor is it usual to give him this power without the check of requiring the assent of the trustees. Take it the other way : if the tenant for life is disqualified, as by infancy, can the court say it is a proper power to be given exclusively to the trustees?" And therefore his honor thought the power of sale and exchange could not be introduced, (m) If a settlement of stock with a power of varying securities r:}:-i ey-i ^contain a covenant to settle real estate upon the like trusts, and L J with the like powers, a power of sale and exchange is implied as corre- sponding with the power of vari/ing securities. (ii') Trusts are often created by words of reference to other trusts, and where this is the case, care should be taken to insert a proviso where such is the intention, that charges on the estate shall not be increased or multiplied. Should the clause, however, be omitted, the court will exercise its judgment on the question whether the duplication of charges was or not intended by the parties, (o) SECTION II. OP IMPLIED TRUSTS. Wherever a person, having a power of disposition over property, manifests any intention with respect to it in favour of another, the court, lohere there is sufficient consideration, or in a will ivhere consideration is implied, will execute that intention, through the medium of a trust, however informal the language in which it happens to be expressed. A frequent case of implied trust arises where a testator employs words precatory, or recommendatory , or expressing a belief (^2^) Thus if he (I) Brewster v. Angell, 1 J. & W. 625. (in) Home v. Barton, Jac. 43T. (w) Williams v. Carter, 2 Sug. Pow. G35 ; and see Home v. Barton, Jac. 440. (o) Hindle v. Taylor, 5 De Gex, Mac. & Gord. 577. (p) Gary v. Gary, 2 Sch. & Lef. 189, per Lord Redesdale ; Paul v. Compton, 8 Yes. 380, per Lord Eldon. 194 LEW IN ON THE LAW OF TRUSTS, ETC. ^ '[x) "authorise and empower,"(^) "recommend," (2) :hope/'(a) "do not doubt,"(&) "be well assured,"(c) " confide," (cZ) "have the fullest confidence,"(e) "trust and confide,"(/) " have full assurance and confident hope,"(^) "well know,"(A) or use such expressions as " of course the legatee will give,"(i) " in consideration the legatee has promised to give,"(7i:) &c. In these and similar cases, the intention of the testator is considered imperative, and the devisee or legatee is bound, and may be compelled to give efi'ect to the injunction. But such a construction will not in general prevail where either the objects intended to be benefited are imperfectly described,(^) or the (q) Harding V. Glyn, 1 Atk. 469 ; Mason v. Lirabury, cited Vernon v. "Vernon, Amb. 4; Trot v. Vernon, 8 Vin. 72 ; Pushman v. Filliter, 3 Ves. 7 ; Brest v. Offley, 1 Ch Rep. 246 ; Gary v. Gary, 2 Sch. & Lef. 189 ; Cruwj-s v. Golman, 9 Ves. 319 ; and see Shaw v. Lawless, L. & G. 154; S. G. 5 CI. & Fin. 129; S. C. LI. & G. temp. Plunkett, 559. (r) Eales v. England, Pr. Ch. 200 ; Glowdsly v. Pellham, 1 Vern. 411. (s) Pierson v. Garnet, 2 B. C. G. 38 ; S. G. affirmed, Id. 226 ; Bade v. Bade, 5 Mad. 118 ; Moriarty v. Martin, 3 Ir. Ch. Rep. 26. (t) Birch V. Wade, 3 V. & B. 198 : Forbes v. Ball, 3 Mer. 437. (w) Foley v. Parry, 5 Sim. 138 ; affirmed, 2 M. & K. 138. (v) Prevost v. Clarke, 2 Mad. 458 ; Meredith v. Heneage, 1 Sim. 553, 555, per Chief Baron Wood; and see Taylor v. George, 2 V. & B. 378. (w) Meredith v. Heneage, 1 Sim. 553, per Chief Baron Wood. [x) Gary v. Gary, 2 Sch. & Lef. 189 ; White v. Briggs, 2 PhilL 583. (y) Brown v. Higgs, 4 Ves. 708 ; 5 id. 495 ; affirmed, 8 Ves. 561 ; and in D. P. 18 Ves. 192. (z) Tibbits v. Tibbits, Jac. 317 ; S. C. affirmed, 19 Ves. 656 ; Horwood v. West, 1 S. & S. 387 ; Paul v. Gompton, 8 Ves. 380, per Lord Eldon ; Malim v. Keighley, 2 Ves. jun. 333 ; S. G. lb. 529 ; Malim v. Barker, 3 Ves. 150 ; Meredith v. Heneage, 1 Sim. 553, per Chief Baron Wood; Kingston v. Lorton, 2 Hog. 16G; Gholmon- deley v. Gholmondeley, 14 Sim. 590 ; Hart v. Tribe, 18 Beav. 215 ; and see Meg- gison V. Moore, 2 Ves. jun. 630 ; Sale v. Moore, 1 Sim. 534 ; Ex parte Payne, 2 Y. & C. 636 ; Randal v. Hearle, 1 Anst. 124. As to Cunliffe v. CunliflFe (Amb. 686), see Pierson v. Garnet, 2 B. G. C. 46; Malim v. Keighley, 2 Ves. jun. 532; Push- man V. Filliter, 3 Ves. 9. (a) Harland v. Trigg, 1 B. C. G. 142 ; and see Paul v. Gompton, 8 Ves. 380. (b) Parsons v. Baker, 18 Ves. 476; Taylor v. George, 2 V. & B. 378 ; Malone V. O'Connor, Lloyd & Goold. temp. Plunkett, 4G5 ; and see Sale v. Moore, 1 Sim. 534. (c) Macey v. Shurmer, 1 A.tk. 389 ; S. G. Amb. 520. See Ray v. Adams, 3 M. & K. 237. (d) Griffiths v. Evans, 5 Beav. 241. (e) See Wright v. Atkyns, 17 Ves. 255, 19 Ves. 299, Coop. Ill, 1 T. & R. 143 ; Webb V. Wools, 2 Sim. N. S. 267 ; Palmer v. Simmonds, 2 Drewry, 225; Barnes V. Grant, 2 Jur. N. S. 1127. (/) Wood V. Cox, 1 Keen, 317 ; S. C. 2 M. & G. 684 ; Pilkington v. Boughey, 12 Sim. 114. (g) Macnab v. Whitbread, 17 Beav. 299. (h) Bardswell v. Bardswell, 9 Sim. 323 ; Nowlan v. Nelligan, 1 B. G. G. 489 ; Briggs V. Penny, 3 Mac. & Gord. 546, 3 De G. & Sm. 525. (i) Robinson v. Smith, 6 Mad. 194; but see Lechmere v. Lavie, 2 M. & K. 197; and see Leach v. Leach, 13 Sim. 304. (k) Clifton V. Lombe, Amb. 519. (0 Harland v. Trigg, 1 B. C. C. 142 ; Tibbitts v. Tibbitts, 19 Ves. 664, per Lord ^Idon ; Richardson v. Chapman, 1 Burn's Eccles. Law, 245 ; Pierson v. Garnet, 2 B. 0. C. 45, per Lord Kenyon, S. C. id. 230, per Lord Thurlow ; Knight v. Knight, 3 lieav. 173, per Lord Langdale ; Sale v. Moore, 1 Sim. 534; Gary v. Gary, 2 Sch. IN WHAT TERMS A TRUST MAY BE DECLARED. 195 amount of the property to whicli the trust *should attach is not p:^-.,.Q-, sufl&ciently defined ;(?«) for the difficulty that would attend the L J execution of such imperfect trusts is converted by the court into an argu- ment that no trust was really intended :(?i) but although vagueness in the object will unquestionably furnish reason for holding that no trust was intended, this may be countervailed by other considerations ; and if it appear clearly that a trust was intended, though the objects are not suffi- ciently defined, there will be a resulting trust for the benefit of the heir- at-law, or next of kin, according to the nature of the property.(o) The rule as laid down by Lord Alvanley and since recognised as the correct principle was this, "Wherever a testator points out the objects, the pro- perty, and the loay in whicli it shall go, that creates a trust unless there are plain express words or necessary implication that he does not mean to take away the discretion, but intends to leave it to be defeated. (p) The objects have been held to be uncertain where personal estate has been given to A., with a hope "that he would continue it in the family ;"{q) but, as regards personal estate, the word family has been sometimes construed as equivalent to relations, that is next of kin ;(r) and where freeholds were so devised, it was held that by " family" was to be understood *the worthiest member of it, viz. the heir-at- r^^i^A-, law.(.s) Even in freeholds, however, the designation was held to L J be too uncertain where the request was to distribute " amongst such members of the person's family" as he should think most deserving. (A In another case both real and personal estate were blended together, and given to A., in full confidence that she would devise the whole of the estate to " such of the heirs of the testator's father as she might think best deserved a preference," and the court could not determine whether heirs were intended, or next of kin, or both.(«J Again, a residuary & Lef. 189, per Lord Redesdale ; Meredith v. Heneage, 1 Sim. 542, see 558, 559, 565 ; Ex parte Payne, 2 Y. & C. 636. (m) Lechmere v. Lavie, 2 M. & K. 197 ; Knight v. Knight, 3 Beav. 148 ; Mere- dith V. Heneage, 1 Sim. 556 ; Buggins v. Yates, 9 Mod. 122 ; Sale v. Moore, 1 Sim. 534; Anon, case, 8 Vin. 72; Tibbits v. Tibbits, 19 Ves. 664, per Lord Eldon ; Wynne v. Hawkins, 1 B. 0. G. 179; Pierson v. Garnet, 2 B. G. G. 45, per Lord Kenyon ; S. G. lb. 230, per Lord Thurlow ; Bland v. Bland, 2 Cox, 349 ; Le Maitre v. Bannister, cited in note to Bales v. England, Pr. Gh. 200 ; Sprange v. Barnard, 2 B. C. G. 585 ; Pushman v. Filliter, 3 Ves. 7 ; Attorney-General v. Hall, Fitzg. 314 ; Wilson v. Major, 11 Ves. 205 ; Bade v. Bade, 5 Mad. 118 ; Gurtis v. Rippon, 5 Mad. 434 ; Russell v. Jackson, 10 Hare, 213. (n) Morice v. Bishop of Durham, 10 Ves. 536, per Lord Eldon. (0) Briggs V. Penny, 3 Mac. & Gor. 546. (jo) Malim v. Keighley, 2 Ves. jun. 335. See Knight v. Boughton, 11 CI. & Fin. 548, 551. (q) Harland v. Trigg, 1 B. G. C. 142. See Wright v. Atkyns, Coop. 121; Woods V. Woods, 1 M. & C. 401 ; Re Parkinson's Trust, 1 Sim. N. S. 242 ; Wil- liams V. Williams, 1 Sim. N. S. 321 ; but see White v. Briggs, 2 Phill. 583 ; and Liley v. Hey, 1 Hare, 580. (/•) Cruwys v. Colman, 9 Ves. 319. (s) Atkyns v. Wright, 17 Ves. 255; S. G. 19 Ves. 299; S. G. Coop. Ill ; and see S. C. 1 Turn. & Russ. 143 ; Malone v. O'Connor, Lloyd & Goold. temp. Plun- kett, 465 ; Griffiths v. Evans, 5 Beav. 241 ; White v. Briggs, 2 Phill. 583 ; Green V. Marsden, 1 Drewry, 646. (t) Green v. Marsden, 1 Drewry, 646. (u) Meredith v. Heneage, 1 Sim. 542, see 558, 559, 565 ; but see Wright v. At- kyns, Coop. 119. 196 LEWIN ON THE LAW OF TRUSTS, ETC. estate was bequeathed to A., with a recommendation that she would « consider the testator's relations." Sir A. Hart asked, "Who are the objects of the trust ? Did the testator mean relations at his own death, or at A's death ? Did he mean that she should have the liberty of exe- cuting the trust the day after his death V And his honor was of opinion that no trust could attach. (y) But there can be no uncertainty of the objects where such a trust is to be executed by will, for then those who answer the description at the death of the donee of the power must be the parties contemplated. (m^) The court has refused to establish the trust from the uncertainty of the snhject, that is, of the property intended to be bound by the trust, where the recommendation has been to << consider certain persons,"(x) '< to be kind to them,"(^_y) to "remember them, "(2) "to do justice to P^, ^,-, them,"(a) " to make *ample provision for them, "(6) " to use the L J property for herself and her children, and to remember the church of God, and the poor,'Vc) " to give what should remain at his death, or what he should die seised or possessed of," (fZ) " to finally appropriate as he pleases," with a recommendation to divide amongst certain persons,(e) to divide and dispose of the savings,(/) or the bulk of the property,((7) or wherever the donee of the property has had power to dispose of any part he pleased, whether expressly given him, or arising from implication, or from the nature of the subject. (A) But where the recommendation was, that the legatee, in ease she married again, should settle what she possessed under the testator's will to her separate use, and should bequeath what she should die possessed of under the will in favour of certain persons, it was held that the iclwle personal estate was overreached by the trust. Sir John Leach said, " the testator directs, that upon a marriage, whenever a second marriage may happen, the whole of the property shall be secured, and a power to dispose of any part of the property absolutely, at any time during her life, is not to be reconciled to that provision. I must there- fore consider that, when he recommends her to give what she shall die {v) Sale V. Moore, 1 Sim. 534, see 540 ; and see Macnab v. Whitbread, 17 Beav. 299; but see Wright v. Atkyns, Coop. 119-123. (w) Pierson v. Garnet, 2 B. C. C. 38; S. C. id. 226; Atkyns v. Wright, U Ves. 255; S. C. 19 Ves. 299; S. C. Coop. Ill; and see S. C. 1 Turn. & Russ. 162 ; Knight V. Knight, 3 Beav. 173 ; Meredith v. Heneage, 1 Sim. 558. (z) Sale V. Moore, 1 Sim. 534 ; and see Hoy v. Master, 6 Sim. 568. (y) Buggins v. Yates, 9 Mod. 122. [z) Bardswell v. Bardswell, 9 Sim. 319. (a) Le Maitre v. Bannister, Pr. Ch. 200, note (1) ; Pope v. Pope, 10 Sim. 1. (6) Winch v. Brutton, 14 Sim. 379. (c) Curtis V. Rippoc, 5 Mad. 434. (rf) Sprange v. Barnard, 2 B. C. C. 585 ; Green v. Marsden, 1 Drewry, 646; Pushman v. Pilliter, 3 Ves. 7; Wilson v. Major, 11 Ves. 205; Bade v. Bade, 5 Mad. 118 ; Wynne v. Hawkins, 1 B. C. C. 179; Lechmere v. Lavie, 2 M. & K. 197; Bland V. Bland, 2 Cox, 349 ; Attorney-General v. Hall, Fitzg. 314 ; and see Mere- dith V. Heneage, 1 Sim. 556 ; Tibbits v. Tibbits, 19 Ves. 664 ; Pope v. Pope, 10 Sim. 1. > ! I 1 . («) White V. Briggs, 15 Sim. 33. (/) Cowman v. Harrison, 10 Hare, 234. (,9) Palmer V. Simmonds, 2 Drewry, 221. (A) Malim v. Keighley, 2 Ves. jun. 531, per Lord Loughborough ; and see Knight v^ Knight, 3 Beav. 174 ; 11 CI. & Fin. 513 ; Huskisson v. Bridge, 4 De Gex & Sm. IN WHAT TERMS A TRUST MAY BE DECLARED. I97 possessed of, lie had in view tlie whole property whicli she should possess under his will."(t) And where both objects and property are certain, yet no trust will arise, if the testator expressly declares that the language is not to be deemed imperative, or the construing it a trust would be a contradiction to the terms in which the preceding bequest is given, (y) or if, all cir- cumstances considered, *it is more probable the testator meant ^^-. „p-, to communicate a mere discretion -Jk") as if he at the same time L "^J declare that the estate shall be "unfettered and uulimited,"(/) or if he "recommend but do not absolutely enjoin, "(m) or if the gift be abso- lutely to A., with words expressing merely the rea>ion or motive with which the gift is made, as " to enable him to assist such of the children of B. as he shall find deserving of encouragement.'7«) The construc- tion of the words we are considering never turns on their grammatical import, they may be imperative, but are not necessarily so.(o) In Shaw V. Lawless,(jj) the trustees were recommended to employ a receiver, and Lord Cottenham, alluding to that case, observed, "It was there laid down as a rule which I have since acted upon, that though ' recommen- dation' may in some other cases amount to a direction and create a trust, yet, that being 2, flexible term, if such a construction of it be incon- sistent with any positive provision in the will, it is to be considered as a recommendation and nothing more. In that case the interest supposed to be given to the party recommended wasinconsisteut with other powers which the trustees were to exercise, and those powers being given in unambiguous terms, it was held that as the two provisions could not stand together, the flexible term was to give way to the inflexible term. "(2) And if a trust be created, it does not follow that it shall be equally restrictive, as where the trust is properly such. Thus an estate was devised to A. and her heirs, " in the fullest confidence" that after her decease she would devise the property to the family of the testator ; and Lord Eldon asked, *" Is there any case in which the doctrine ^^^ -o-i has been carried so far, that the tenant in fee shall not be at L J liberty, with respect timber and mines, to treat the estate in the same husbandlike manner as another tenant in fee ?" and his lordship said he should hesitate a long time before he held that the person bound by the {i) Horwood v. West, 1 S. & S. 387. (/) Webb V. Wools, 2 Sim. N. S. 267 ; Huskisson v. Bridge, 4 De Gex & Sm. 245. {k) Bull V. Vardy, 1 Ves. juu. 270 ; Knott v. Cottee, 1 Pliill. 292 ; Knight v. Knight, 3 Bear. 148 ; Meggison v. Moore, 2 Ves. jun. 630 ; Hill \. Bishop of Lon- don, 1 Atk. 618 ; and see Paul v. Compton, 8 Ves. 380; Knight v. Knight, 3 Beav. 174, 11 CI. & Fin. 513 ; Lefroy v. Flood, 4 Ir. Ch. Rep. 1. {I) Meredith v. Heneage, 1 Sim. 542 ; S. C. 10 Price, 230 ; Hoy v. Master, 6 Sim. 568. (m) Young y. Martin, 2 Y. & C. Ch. Ca. 582. {n) Benson v. Whittam, 5 Sim. 30 ; Thorp v. Owen, 2 Hare, 611. (0) Meggison v. Moore, 2 Ves. jun. 632, per Lord Loughborough ; and see Johnston v. Rowlands, 2 De Gex & Sm. 358, per Vice-Chancellor Knight Bruce. [p) LL & Goold, t. Sugden, 154; 5 CI. & Fin. 129 ; Lloyd & Goold. t. Plun- kett, 559. {q) Knott V. Cottee, 2 Phill. 192. 198 LEWIN ON THE LAW OF TRUSTS, ETC. trust was not entitled to cut timber in the ordinary management of the property.(r) And so it was afterwards decided by the house of lords on appeal. (*•) . ■, j • n The current of decisions has of late years set against the doctrine ot converting the devisee or legatee into a trustee.(?) Of course, where the words are construed in equity to raise a partial trust, the devisee or legatee is deemed a trustee to the extent only of the charge, and the surplus will not result to the heir or next ofkin, but will belong to the devisee or legatee beneficially. (it) But if a trust be established as to the u-Jwh property given, and the objects of the trust for any reason fail, the ichole beneficial interest will be a resulting trust in favour of the testator's real or personal represen- tative, (v) Again (to proceed with the instances of implied trusts,) if a person by will direct his realty to be sold, or charge it with debts and legacies,(u-) or with any particular legacy,(a:) the legal estate may descend to the heir, or it may pass to a devisee ; but the court will view the direction as an implied declaration of trust, and will enforce the execution of it against the legal proprietor. Again, if a person agrees for valuable consideration to settle [ ■'•''*] *a specific estate, he thereby becomes a trustee of it for the in- tended objects, and all the consequences of a trust will follow;(y) and so if he covenant to charge all lands that he may possess at a particular time,(2) or at any time,(«) he will be a trustee of such lands to the extent of the charge. And even if a person engages on his marriage to settle all the personal estate that he may acquire during the coverture, the trusts upon which it is so agreed the personalty shall be settled will fasten upon the property as it falls into possession ; and if the money has been laid out in a purchase, may be followed into the land.(?/) Again, if a person contract to sell another an estate, the vendor has impliedly declared himself a trustee in fee for the purchaser, and is accountable to him for the rents and profits ;(c) and if the tenants have (r) See Wright v. Atkyns, Turn. & Russ. 157, 163. («) See Lawless v. Shaw, Lloyd & Goold, t. Sugden, 164. (t) Sale V. Moore, 1 Sim. 540 ; and see Meredith v. Heneage, id. 566 ; Lawless V. Shaw, 1 Lloyd & Goold, 164; Knight v. Knight, 3 Beav. 148; Williams v. Williams, 1 Sim. N. S. 358 ; Lefroy v. Flood, 4 Ir. Chan. Rep. 9. (m) Wood V. Cox, 1 Keen, 317 ; reversed, 2 M. & C. 684. (v) Briggs V. Penny, 3 Mac. & Gord. 546, 3 De G. & Sm. 525. {iv) Pitt V. Pelham, 2 Freem. 134 ; S. C. 1 Ch. Re. 283 ; Locton v. Locton, 2 Freem. 136; Asby v. Doyl, 1 Ch. Cas. 180; Tenant v. Brown, ib.; Garfoot v. Garfoot, 1 Ch. Ca. 35; S. C. 2 Freem. 176; Gwilliams v. Rowel, Hard. 204 ; Blatch V. Wilder, 1 Atk. 420 ; Carvill v. Carvill, 2 Ch. Re. 301 ; Cook v. Foun- tain, 3 Sw. 592 ; Bennet v. Davis, 2 P. W. 318, &c. (z) Wigg V. Wigg, 1 Atk. 382. (y) Finch V. Winchelsea, 1 P. W. 277 ; Freemoult v. Dedire, ib. 429 ; Kennedy V. Daly, 1 Sch. & Lef. 355 ; Legard v. Hodges, 1 Ves. jun. 477 ; S. C. 3 B. C. C. 531, 4 B. C. C. 421 ; Ravenshaw v. Hollier, 7 Sim. 3. (z) Wellesley v. Wellesley, 4 M. & C. 561. (a) Lyster v. Burroughs, 1 Drury & Walsh, 149. (b) Lewis v. Madocks, 8 Ves. 150 ; S. C. 17 Ves. 48. (c) See Acland v. Gaisford, 2 Mad. 32 ; Wilson v. Clapham, 1 J. & W. 38. ^ OF RESULTING TRUSTS. 199 been allowed improperly to run in arrear,(f?) or there lias been unhus- bandlike farming,(c) or any other injury done, either by the wilful waste or neglect of the vendor,(/) he is answerable to the purchaser as for a breach of trust. On the other hand, if any damage arise to the estate, not by the default of the vendor, as by fire,(^) or dilapidations, (A) the loss will fall on the purchaser ; and if the accident by which the damage arises brings with it legal obligations which must be immediately satisfied, and which the vendor satisfies, the expense thus incurred must be borne by the purchaser ;(/) and so, should the estate become by any accident more valuable, the purchaser will take the improvement.(^') It p^TSI *should be observed, however, that the vendor is, after all, a L J trustee sub moclo only, for he cannot be compelled to deliver up the possession until the purchase-money has been paid.(?) And so the piir- cliaser is only a cestui que trust sub moclo, and he cannot enforce any equitable rights attached to the estate until the contract has been com- pleted, (m) It would be endless to pursue implied trusts through all their ramifi- cations, but the general principles may be collected from the examples given. ♦CHAPTER VIII. [*176] OF RESULTING TRUSTS. Having discussed the various questions involved in the creation of trusts by the act of a party, we shall next direct our attention to the cre- ation of trusts by operation of law. Trusts of this kind may be regarded as twofold, viz. 1. Resulting, 2. Constructive. Resulting Trusts, the subject of the present chapter, may be subdi- vided into the two following classes : First, Where a person being him- self both legally and equitably entitled makes a conveyance, devise, or bequest of the legal estate, and there is no ground for the inference that he meant to dispose of the equitable ; and. Secondly, Where a purchaser of property takes a conveyance of the legal estate in the name of a third person, but there is nothing to indicate an intention of not appropriat- ing to himself the beneficial interest. (d) Acland v. Gaisford, 2 Mad. 28. (e) Ferguson v. Tadman, 1 Sim. 530 ; Foster v. Deacon, 3 Mad. 394. (/) Wilson V. Clapham, 1 J. & W. 39. (g) Paine v. Meller, 6 Ves. 349 ; Harford v. Furrier, 1 Mad. 539, per Sir T. Plumer ; Acland v. Gaisford, 2 Mad. 32, per eundem ; as to Stent v. Bailis, 2 P. W. 220, see Paine v. Meller, 6 Ves. 352. [h) Minchin v. Nance, 4 Beav. 332. («■) Robertson v. Skelton, 12 Beav. 280. {k) See Harford v. Furrier, 1 Mad. 539 ; Revell v. Hussey, 2 B. & B. 287 ; Paine v. Meller, 6 Ves. 352; Spurrier v. Hancock, 4 Ves. 667 ; White v. Nutts, 1 P. W. 61. {I) See Acland v. Gaisford, 2 Mad. 32 ; Wall v. Bright, 1 J. & W. 494. \m) See Tasker v. Small, 3 M. & Cr. 70. 200 LEW IN ON THE LAW OF TRUSTS, ETC. SECTION I. OF RESULTING TRUSTS WHERE THERE IS A DISPOSITION OF THE LEGAL AND NOT OF THE EQUITABLE INTEREST. The general rule is, that wherever, upon a conveyance, devise, or be- quest, it appears that the grantee, devisee, or legatee was intended to take the legal estate merely, the equitable interest, or so much of it as is left undisposed of, will result, if arising out of the settlor's realty, to himself, or his heir, or, if out of personal estate, to himself or his executor. Should the interest resulting as a remnant of the real estate to the r*l 771 ^^^'^^' ^^ ^^ ^ chattel nature, as a term of years, or a sum *of money, L J it will on the death of the Jieir, devolve on his personal repre- sentative, fa) And if real estate charged with debts be sold by the court in the lifetime of the heir, the surplus (as the exact amount required could not be raised) will, from the time of sale, be considered personal estate, and devolve on the heir's personal representative. (i) The intention of excluding the person invested with the legal estate from the usufructuary enjoyment, may either he presumed by the court, or be actually exjn-essed upon the instrument. Should an estate be granted either without consideration or for merely a nominal one,(c) and no trusts be declared of any part, then if the con- veyance be simply to a stranger "'n blood, and no intention appear of conferring the heneficiul interest, as the law will not suppose a person to part with property without some inducement thereto, it seems a trust of the wlwJe estate (as in the analogous case of uses before the statute of Henry) will result to the settlor.(rZ) If the conveyance be to a wife{e) or son{^f) it will be presumed an (a) Levet v. Needham, 2 Yern. 138 ; Wych v. Packington, 3 B. P. C. 44 : Se- well V. Denny, 10 Beav. 315 : Barrett v. Buck, 12 Jur. 771. See Halford v. Stains, 16 Sim. 288. (/;) Flanagan v. Flanagan, cited Fletcher v. Ashburner, 1 B. C. C. 500. (c) See Hayes v. Kingdorae, 1 Vern. 33 ; Sculthorpe v. Burgess, 1 Yes. jun. 92. {d) Duke of Norfolk v. Browne, Pr. Ch. 80 ; Warman v. Seaman, 2 Freem. 308, per Cur.; Hayes v. Kingdome, 1 Yern. 33 ; Grey v. Grey, 2 Sw. 598, per Lord Nottingham; Elliot v. Elliot, 2 Ch. Ca. 232, per eundem; Attorney- General v. "Wilson, 1 Cr. & Phil. 1 ; and see Sculthorpe v. Burgess, 1 Yes. jun. 92 ; Ladv Tyrrell's case, 2 Freem. 304; Ward v. Lant, Pr. Ch. 182 ; but in Lloyd v. Spillet. 2 Atk. 150, and Young v. Peachey, ib. 257, Lord Hardwicke was apparently of opmion that, since the Statute of Frauds, there are only two cases of resulting trust, viz.: 1st, Where an estate is purchased in the name of a stranger; and ^ndly, Where on a voluntary conveyance a trust is declared of part, in which case tlie residue results. It would seem to follow that, in his opinion, should a volun- tary conveyance be made and no trust at all be expressed, the grantee would take tue beneficial interest to his own use ; and see Hutchins v. Lee, 1 Atk. 447. W See Christ's Hosp. v. Budgin, 2 Yern. 683. (/) Jennings v. Sclleck, 1 Yern. 467 ; Grey v. Grey, 2 Sw. 598, per Lord Not- tmgbara ; Elhot v. Elliot, 2 Ch. Ca. 2Z2, per eundem ; and see Haves v. Kingdorae, i vern. 33; Baylis v. Newton, 2 Yern. 28; Cook v. Hutchinson,'l Keen. 42. OF RESULTING TRUSTS. 201 advancement, and the wife or son will be entitled *bcncficially. r^Kj^yg-. In a case where a son conveyed an estate to his father, as purchaser, L J for the sum of 400/., and then filed a bill against the devisees of the father for a re-conveyance, and it appeared from parol evidence which was read de bene esse that no money was ever paid, and that the intention of the parties was, that the son being in bad credit the father should be the ostensible owner of the estate, in order the more readily to rai^e money on mortgage, Sir J. Leach held, that since the Statute of Frauds, parol evidence was inadmissible to prove a trust, and that as there was no fraud or misapprehension, but the meaning was that the father should exercise towards the world at large the beneficial ownership, there was no result- ing or constructive trust, but that the devisees must keep the estate. The court, however, decreed the son as vendor upon the face of the deed to have a lien upon the property for the 400/'. as upon unpaid purchase- money. (^) In a similar case of absolute sale upon the face of the deed, but where the grantee afterwards admitted himself in writing to be a trustee, Lord Kenyon held that, the written evidence establishing facts inconsistent with the deed, further evidence by parol was admissible to prove the truth of the transaction. (/<) Of course the court will not permit the grantee to retain the beneficial interest if there was any mistake on the part of the granfor,{i) or any mala fides on the part of the granfee.(Jv) But if the grantor himself intended a fraud upon the law, the assurance, if the defendant demurs, will be made absolute against the grantor ■,[!) however, if the defendant admit the trust, it seems the court will relieve. («i) It was said in one case that if a man transfer stock or deliver money to another, r^Ki-rg-i *it must proceed from an intention to benefit that other person, L J and therefore, although he be a stranger, it shallbe^^rmia _/«c/(?agift,(?i) but if such an intention cannot be inferred consistently with the attend- ant circumstances, a trust will result, (o) If upon a conveyance, (p) devise,(2) or bequest,(r) a trust be declared {g) Leman v, Whitley, 4 Riiss. 423. {h) Cripps v. Jee, 4 B. C. C. 472. [i) Birch v. Blagrove, Amb. 264 ; Anon, cited Woodman v. Morrel, 2 Freem. 33 ; and see Attorney-General v. Boulden, 8 Sim. 472. {k) Lloyd V. Spillet, 2 Atk. 150 ; S. C. Barn. 388, per Lord Hardwicke ; Hutch- ins V. Lee, 1 Atk. 448, per eundem ; Young v. Peachy, 2 Atk. 254; Wilkinson v. Brayfield, cited ih. 257 ; S. C. reported 2 Vern. 307. (l) Cottington v. Fletcher, 2 Atk. 15(3, per Lord Hardwicke; and see Chaplin V. Chaplin, 3 P. W. 233 ; Muckleston v. Brown, 6 Yes. 68. {m) See Cottington v.' Fletcher, Muckleston v. Brown, ubi supra. (n) George v. Howard, 7 Price, 651-653. (o) See Custance v. Cunningham, 13 Beav. 363. (p) Cottington v. Fletcher, 2 Atk. 155; Culpepper v. Aston, 2 Ch. Ca. 115; Cook V. Gwavas, cited Roper v. RadclifFe, 9 Mod. 187; Lloyd v. Spillet, 2 Atk. 150; S. C. Barn. 388, per Lord Hardwicke. {q) Sherrard v. Lord Harborough, Amb. 165 ; Marquis of Townshend v. Bishop of Norwich, cited Saunders on Uses, C. 3, s. 7, div. 3 ; Hobart v. Countess of Sufifolk, 2 Yern. 644 ; Nash v. Smith, 17 Yes. 29; Wych v. Packington, cited Roper V. Radcliffe, 9 Mod. 187 ; Davidson v. Foley, 2 B. C. C. 203 ; Kiricke v. Bransbey, 2 Eq. Ca. Ab. 508 ; Levet v. Needham, 2 Yern. 138 ; Halliday v. Hudson, 3 Yes. 210 ; Killet v. Killet, 3 Dow. 248; &c. (?•) Robinson v. Taylor, 2 B. C. C. 589 ; Mapp v. Elcock, 2 Phill. 793 ; affirmed on appeal. 3 H. of L. Ca. 492 : and sec Dfiwson v. Clarke, 18 Yes. 254. 202 LEWIN ON THE LAW OF TRUSTS, ETC. of part of the estate, and nothing is said as to the residue, then, dearly. the creation of the partial trust is regarded as the sole object in view, and the equitable interest undisposed of by the settlor results to him or his representative. But upon this subject a distinction must be observed between a devise to a person for a particular purpose with no intention of conferring the beneficial interest, and a devise with the view of conferring the beneficial interest, but subject to a particular injunction. Thus, if lands be devised to A. and his heirs iipon trust to pay debts, this is simply the creation of a trust, and the residue will result to the heir ; but if the devise be to A. and his heirs, charged with debts, the intention of the testator is to devise beneficially subject to the charge, and then whatever remains, after the charge has been satisfied, will belong to the devisee. (s) No positive rule can be laid down to determine in what cases the devise will carry with it a beneficial character, and in what it will be construed a trust ; but on all occasions the court, refusing to be governed by the „-^ mere technical ^phraseology, extracts the probable intention of L -I the settlor from the general scope of the instrument. (A The recognition of the relationshijy of the parties has often materially influenced the court against the construction of a mere trust.(^f) Thus, where a testator gave 5?. to his brother, who was his heir-at-law, and <' made and constituted his dearly beloved xoife his sole heiress and exe- cutrix, to sell and dispose thereof at her pleasure, and to pay his debts and legacies ;" Lord King said, the devise that the wife should be sole heiress of the real estate did, in every respect, place her in the stead of the heir, and not as a trustee for him ; that it was plainer by reason of the language of tenderness and afi"ection, " his dearly beloved wife," which must intend to her something beneficial, and not what would be a trouble only; and what made it still stronger was, that the heir was not forgot, but had a legacy of bl. left him ; and so his lordship decreed the devisee to be beneficially entitled. (t) But any allusion of this kind is merely one circumstance of evidence, and therefore to be counteracted by the language of other parts of the instrument.(n') Although the introduction of the words "upon trust" may be strong evidence of the intention not to confer on the devisee a beneficial inte- rest,(a?) yet that construction may be negatived by the context, or the general scope of the instrument 3(3/) and, in like manner, the devisee may (s) King V. Denison, 1 V. & B. 272, per Lord Eldon. {t) Hill V. Bishop of London, 1 Atk. 620, per Lord Hardwicke ; Walton v. Wal- ton, 14 Ves. 322, per Sir W. Grant ; Starkey v. Brooks, 1 P. W. 391, per Lord Cowper; King v. Denison, 1 V. & B. 279, per Lord Eldon. Cm) Lloyd v. Spillet, cited Cook v. Duckenfield, 2 Atk. 566 ; Lloyd v. Went- wortb, cited Robinson v. Taylor, 2 B. C. C. 59-4 ; Smith v. King, 16 East, 283 ; Coningham v. Hellish, Pr. Ch. 31 ; Cook v. Hutchinson, 1 Keen, 42. (v) Rogers v. Rogers, 3 P. W. 193. [w) Buggins V. Yates, 9 Mod. 122 ; Wych v. Packington, 2 Eq. Ca. Ab. 507 : and see King v. Denison, 1 V. & B. 274. {x) See Hill v. Bishop of London, 1 Atk. 620 ; Woollett v. Harris, 5 Mad. 452. (y) Dawson v. Clarke, 15 Ves. 409; S. C. 18 Ves. 247, see 257 ; Coningham v. 496 ^^' ^^ ' ^^^'^ ^' ^^^^'^^^^o^' 1 ^een, 42 ; Hughes v. Evans, 13 Sim. OF RESULTING TRUSTS. 203 be designated as " trustee j" but if tbe term be used with reference to one only of two funds, he may still establish his title to the beneficial interest in the other.(z) *It must also be observed, that, as the heir is a person favoured r*-| o-i-i in law, he will not be excluded from the resulting trust on bare L J conjecture ;(«) and there must be positive evidence of a benefit intended to the devisee, and not merely negative evidence that no benefit was intended to the heir ; for the trust results to the real representative, not on the ground of intention, but because the ancestor has declared no intention. (i) Thus, a legacy to the heir will not prevent a trust from resulting ;(c) but, joined to other circumstances in favour of the devisee, it will not be without its eSect.(d'j It need scarcely be remarked, that, as the species of trust we are now considering results hy presu7nption of law, it may be rebutted by positive evidence by parol, that the testator's intention was to confer the surplus interest beneficially. (e) Next, a trust results by operation of law, where the intention not to benefit the grantee, devisee, or legatee, is expressed upon the instrument itself, as if the conveyance, devise, or bequest, be to a person «< upon trust," and no trust is declared,(/) or upon certain trusts that are too vague to be executed,((/) or *upon trusts to be thereafter declared, j-^-. 09-1 and no declaration ever made,(/i) or upon trusts that are void for L "'J unlawfulness,(A or that fail by lapse,(^) &c. ; for in such cases the trustee (z) Batteley v. Windle, 2 B. C. C. 31 ; Pratt v. Sladden, 14 Yes. 193 ; and see Gibbs V. Rumsey, 2 V. & B. 294. (a) Halliday v. Hudson, 3 Ves. 211, per Lord Loiighborovigh ; and see Kellett V. Kellett, 3 Dow. 248 ; Amphlett v. Parke, 2 R. & M. 227 ; Phillips v. Phillips, 1 M. & K. 661 ; Salter v. Cavanagh, 1 Dru. & Walsh, 668. (6) See Hopkins v. Hopkins, Gas. t. Talb. 44 ; Tregonwell v. Sydenham, 3 Dow. 211 ; Lloyd v. Spillet, 2 Atk. 151 ; Habergham v. Vincent, 2 Ves. jun. 225. (c) Randall v. Bookey, 2 Vern. 425 ; S. C. Pr. Ch. 162 ; Hopkins v. Hopkins, Cas. t. Talb. 44; Starkey v. Brooks, 1 P. W. 390, overruling North v. Crompton, 1 Ch. Ca. 196 ; Salter v. Cavanagh, 1 Dru. & Walsh, 668. {d) Rogers v. Rogers, 3 P. W. 193 ; S. C. Sel. Ch. Ca. 81 ; and see Docksey v. Docksey, 2 Eq. Ca. Ab. 506 ; King v. Denison, 1 V. & B. 274 ; Amphlett v Parke, 2 R. & M. 230 ; Mallabar v. Mallabar, Cas. t. Talb. 78. (e) Crompton v. North, as cited in Gainsborough v. Gainsborough, 2 Vern. 253 ; Docksey v. Docksey, 2 Eq. Ca. Ab. 506 ; Mallabar v. Mallabar, Cas. t. Talb. 78 ; Cook v. Hutchinson, 1 Keen, 50, per Lord Langdale. (/■) Dawson v. Clarke, 18 Yes. 254, per Lord Eldon ; see Southouse v. Bate, 2 V. & B. 396; Morice v. Bishop of Durham, 10 Yes. 537 ; Woollett v. Harris, 5 Mad. 452 ; Pratt v. Sladden, 14 Ves. 198 ; Dunnage v. White, 1 Jac. & Walk. 583 ; Goodere v. Lloyd, 3 Sim. 538 ; Anon, case, 1 Com. 345 ; Penfold v. Bouch, 4 Hare, 271. {g) Fowler v. Garlike, 1 R. & M. 232 ; Morice v. Bishop of Durham, 9 Yes. 399; S. C. 10 Ves. 522 ; Stubbs v. Sargon, 2 Keen, 255 ; S. C. 3 M. & C. 507; Kendall V. Granger, 5 Beav. 300 ; Leslie v. Devonshire, 2 B. C. C. 187 ; Yezey v. Jamson, 1 Sim. & Stu. 69 ; and see Ellis v. Selby, 7 Sim. 352 ; S. C. 1 M. & C. 286 ; Wil- liams V. Kershaw, 5 CI. & Fin. 111. {h) Emblyn v. Freeman, Pr. Ch. 541; City of London v. Garway, 2 Vern. 571; Collins V. Wakeman, 2 Ves. jun. 683; Fitch v. Weber, 6 Hare, 145; and see Brown v. Jones, 1 Atk. 188 ; Sidney v. Shelley, 19 Ves. 352 ; Brookman v. Hales, 2 V. & B. 45. (j) Carrick v. Errington, 2 P. W. 361 ; Arnold v. Chapman, 1 Yes. 108 ; Tre- gonwell T. Sydenham, 3 Dow. 194; Jones v. Mitchell, 1 S. & S. 290 ; Gibbs v. {k) For note [k), see next page. 204 LEAVIX ON THE LAW OF TRUSTS, ETC. can have no pretence for claiming the beneficial ownership, when, by the express language of the instrument, the whole property has been impressed with a trust. And where, as in these cases, a trust results to the settlor or his repre- sentative, not by presumption of law, but by force of the written instru- ment, the trustee is not at liberty to defeat the resulting trust by the production of extrinsic evidence by parol. Having distinguished between the two kinds of resulting trusts (a classification necessary to be made for the purpose of ascertaining the admissibility of parol evidence,) we proceed to introduce a few remarks applicable to resulting trusts generally, whether arising by presumption of law or from the language of the instrument. First, If real estate be devised upon trust to sell for a particular pur- pose, and that purpose either wholly fail or do not *exhaust the L J proceeds, the part that remains unapplied, whether the estate has been actually sold or not, will result to the testator's heir, and not to his next of kin. Cm) And the whole or surplus will result in this manner, though the proceeds of the realty be blended with personal estate in the formation of one common fund.(») And even an express declaration that the proceeds of the sale shall be considered as part of the testator's personal catate will not prevent the operation of the rule ;(o) for a direc- Rumsey, 2 V. & B. 294; Page v. Leapingwcll, 18 Ves. 463; Pilkington v. Boughey, 12 Sim. 114; and see Cooke v. The Stationers' Company, 3 M. & K. 2G2. If an estate was devised to A. and bis heirs, in trust to sell and pay part of the pro- ceeds to persons capable of taking, and other part to a charity, the statute of mortmain did not avoid the whole legal devise, but aflfects only the interest given to the charity; Young v. Grove, 4 Com. B. Re. 6G8 ; Doe v. Harris, 16 Mees. & W. 517. {k) Ackyrod v. Smithson, 1 B. C. C. 503 ; Spink v. Lewis, 3 B. C. C. 355; Wil- liams V. Coade, 10 Ves. 500 ; Digby v. Legard, cited Cruse v. Barley, 3 Cox's P.W. 22, note (1); Hutcheson v. Hanimond, 3 B. C. C. 128 ; Davenport v. Coltman, 12 Sim. 610 ; Muckleston v. Brown, 6 Ves. 63. {I) See Langham v. Sanford, IT Yes. 442; S. C. 19 Ves. 643; Rachfield v. Careless, 2 P. W. 158 ; Gladding v. Yapp, 5 Mad. 59 ; White v. Evans, 4 Ves. 21 ; Walton V. Walton, 14 Ves. 322. {m) Starkey v. Brooks, 1 P. W. 390; Randall v. Bookey, Pr. Ch. 162 ; Stone- house V. Evelyn, 3 P. W. 252 ; Robinson v. Taylor, 2 B. C. C. 589 ; Cruse v. Bar- ley, 3 P. W. 20 ; Buggins v. Yates, 2 Eq. Ca. Ab. 508 ; Hill v. Cock, 1 V. & B. 173 ; City of London v. Garway, 2 Vern. 571 ; Nicholls v. Crisp, cited Croft v. Slee, 4 Ves. 65; Digby v. Legard, 2 Dick. 500 ; Spink v. Lewis, 3 B. C. C. 355; Chitty V. Parker, 4 B. C. C. 411 ; Collins v. Wakeman, 2 Ves. jun. 683 ; Howse v. Chapman, 4 Ves. 542 ; Williams v. Coade, 10 Ves. 500 ; Berry v. Usher, 11 Ves. 87 ; Gibbs v. Rumsey, 2 V. & B. 294 ; Maugham v. Mason, 1 V. & B. 410 ; Wilson v. Major, 11 Ves. 205 ; Wright v. Wright, 16 Ves. 188 ; Hooper v. Goodwin, 18 Ves. 156; Jones v. Mitchell, 1 S. & S. 290; Page v. Leapingwell, 18 Ves. 463; Gibbs V. Ougier, 12 Ves. 416; M'Cleland v. Shaw, 2 Sch. & Lef. 545; Mogg v. Hodges, 2 Ves. 52 ; Eyre v. Marsden, 2 Keen, 564 ; Ex parte Pring, 4 Y. & C. 507 ; Watson v. Hayes, 5 M. & Cr. 125 ; Davenport v. Coltman, 12 Sim. 610 ; Bunnett V. Foster, 7 Beav. 540 ; Marriott v. Turner, 20 Beav. 557, &c. Note, Countess of Bristol V. Hungerford, 2 Vern. 645, is misreported— see Rogers v. Rogers, 3 P.W. 194, note (C). (n) Ackroyd v. Smithson, 1 B. C. C. 503; Jessopp v. Watson, 1 M. & K. 665; bait V. Chattaway, 3 Beav. 576. \r ^^) -^°^)'"s V. Wakeman, 2 Ves. jun. 683; and see Amphlett v. Parke, 2 R. & .M. 226. Ogle v. Cook, cited in Fletcher v. Ashburner, 1 B. C. C. 502, and in Ackroyd v. Smithson, id. 513, was for a long time considered contra ; but in Col- OF RESULTING TRUSTS. 205 tion of this kind is construed to extend to the purposes of the will only, and not to give a right to those who claim, as the next of kin, by opera- tion of law. In the case of Phillips v. Phillips(p) before Sir J Leach, the proceeds of the sale were directed to be taken as part of the testa- tor's personal estate, and were blended into one fund with the personalty, and a legacy which had lapsed was decreed in favour of the next of kin : but the opinion of the profession was always against the decision ; and it is observable, that Collins v. Wakeman,(5) the only authority precisely in point, was not once adverted to in *this case, either by the r*]^g4-i bar or the bench. The case has repeatedly received the express L -1 disapprobation of the court,(/') and has at length been overruled. (s) If a testator direct the proceeds of the sale to be taken as personal estate, and nothing more is said, then, as every part of the will ought, if possible, to have an operation, the meaning of the testator might be thought to be, that the realty should be converted into personalty for the benefit of the next of kin ; and in The ( -ountess of Bristol v. Hungerford,(^) where the testator directed the proceeds of the sale to be taken as personal estate, and go to his executors, to whom he gave 20/. a piece, it is said the next of kin were declared entitled. It appears, however, that the two next of kin were also the co-heirs, and therefore as utraque via data the same persons would claim, it was obviously unnecessary to determine the question. It has been decided in a late case that even if the testator say " nothing shall result to the heir-at-law," yet a bequest to the next of kin is not sufficiently implied, but the heir-at-law will take in spite of the intention to the contrary. («) If the execution of the trust require the estate to be sold, but the pur- poses of the trust do not exhaust the proceeds, the part that is undis- posed of will result to the heir in the character of personalty, and, though the sale was not actually effected in his lifetime, will devolve on his executor :(^v) but if the trusts declared by the testator do so entirely fail as not to call for a conversion, then the whole estate will result to the heir as realty, and descend upon his heir,(?i') though the estate may by the mistake of the trustees have been actually sold. (.7) The doctrines upon this subject have been very clearly stated r*;^g5-i *by Sir John Leach in the case of Smith v. Claxton.(j/) A tes- L J lins V. Wakeman, 2 Ves. jun. G86, Lord Loughborough had the Reg. Lib. searched, and it was found the point had been left undecided. (p) 1 M. & K. 649. (?) 2 Ves. jun. 683. (r) See Fitch v. Weber, 6 Hare, 145 ; Shallcross v. Wright, 12 Beav. 505 ; Flint V. Warren, 16 Sim. 124. ' (s) Taylor v. Taylor, 3 De G. Mac. & Gord. 190. (?) Pr.' Ch. 81 ; S. C. 2 Vern. 645 ; corrected from Reg. Lib., in Rogers v. Ro- gers, 3 P. W. 194, note (C) ; and see Sir W. Basset's case, cited Bayley v. Powell. 2 Vern. 361. (m) Fitch V. Weber, 6 Hare, 145, and compare Johnson v. Johnson, 4 Beav. 318. (i.) Hewitt V. Wright, 1 B. C. C. 86 ; Wright v. Wright, 16 Ves. 188 ; Smith v. Claxton, 4 Mad. 484 ; Dixon v. Dawson, 2 S. & St. 327 ; Jessopp v. Watson, 1 M. & K. 665 ; Hatfield v. Pryme, 2 Coll. 204. (w) Smith V. Claxton, ubi supra; Chitty v. Parker, 2 Ves. jun. 271. (z) Davenport V. Coltman, 12 Sim. 610. (y) 4 Mad. 484. February, 1858. — 14 206 LEWIN ON THE LAW OF TKUSTS, ETC. tator by one devise had given an estate to trustees and their heirs upon trust to sell, and out of the proceeds to pay his funeral expenses, debts, and leo'acies and subject thereto, upon trust to pay the surplus to his wife. By a second devise "he had given an estate to the same trustees and their heirs, upon trust to pay the rents to his wife for life, and after her death to Thomas for life, and after his death upon trust to sell and divide the proceeds amongst the children of Thomas, and, failing such children, between Joseph and Robert in equal shares. By a third devise he had ^nven an estate to the same trustees and their heirs, upon trust, subject to an annuity, for Robert for life, and after his decease upon trust to sell and apply the produce for the benefit of the children of Robert, and, failino- such children, upon trust for Thomas and Joseph in equal shares. The wife died in the lifetime of the testator ; Robert also died in the lifetime of the testator without issue; Thomas survived the testator, but died a few months after, having had an only child, who had died in the testator's lifetime. Sir John Leach said — " Where a devisor directs his real estate to be sold, and the produce to be applied to particular purposes and those purposes partially fail, the heir-at-law is entitled to that part of the produce which in the events is thus undisposed of. The heir-at-law is entitled to it because the real estate was land at the devisor's death, and this part of the produce is an interest in that land not effectually devised, and which therefore descends to the heir. A devisor may give to his devisee either land or the price of land at his pleasure, and the devisee must receive it in the quality in which it is given, and cannot intercept the purpose of the devisor. If it be the purpose of the testator to give land to the devisee, the land will descend to his heir ; if it be the pur- pose of the devisor to give the price of land to the devisee, it will, like other money, be part of his personal estate. Under every will, when the question is, whether the devisee, or the heir failing the devisee, takes an interest in land as land or money, the true inquiry is, whether r*1 sn *^® devisor has expressed a purpose, that, in the events *which L J have happened, the land shall be converted into money. Where a devisor directs his land to be sold and the produce divided between A. and B., the obvious purpose of the testator is, that there shall be a sale for the convenience of division, and A. and B. take their several interests as money, and not land ; and if A. die in the lifetime of the testator, and the heir stands in his place, the purpose of the devisor still applies to the case, and the heir shall take the share of A., as A. him- self would have taken it, as money, and not land : but if A. and B. loth die in the lifetime of the testator, and the wlioh interest in the land descends to the heir, the question would then be, whether the devisor can be considered as having expressed any purpose of sale applicable to that event, so as to give the interest of the heir the quality of money. The obvious purpose of the testator being that there should be a sale for the convenience of division between his devisees, that purpose could have no application to a case in which the devise wholly failed, and the heir would therefore take the whole interest as land. To apply these principles to the present case : under the first devise, the estate is directed to be sold, and the produce applied in aid of the personal estate OF RESULTING TRUSTS. 207 ia payment of debts and legacies, and the surplus is given to the wife. The debts and legacies are fully paid out of the personal estate, and the wife, dies iu th6 testator's lifetime. The whole interest thus resulted to the heir, and the devisor's purpose of sale, being plainly for a distribu- tion according to the will, has no application to the events which have happened, and the heir took the estate as land, which descends in that character to his heir. Under the second devise, there is an obvious purpose of sale for the convenience of division between the sons of Thomas, or, failing them, between Joseph and Kobert. The only sou of Thomas, and the devisor's son Robert, both die in the devisor's life- time, and the heir becomes entitled by lapse to the moiety of the pro- duce intended for Robert. The purpose of sale for convenience of divi- sion still applies to the events which have happened, and this moiety is not land, but personal estate of the heir. Under the third devise, there is the same obvious purpose of sale : first, for a division between the children of Robert, and, failing them, between the heir and Joseph. There *were no children of Robert, but the purpose of sale re- r*i 07-) mains, and this moiety also is not land, but personal estate of L -• the heir." Secondly. If a testator bequeath money to be laid out in a purchase of land, to be settled to uses which either wholly or partially fail to take effect, the undisposed of interest in the money, or estate if purchased, will result to the testator's executor, upon trust for his next of kin. Should the heir advance a claim, it must be either in his character of Jieir or as ptirchaser. It cannot for a moment be contended, that he can establish a claim in the character of heir, for, to assert such a title, he must prove himself to be the heir of the person last seised, and here by the terms of the question the testator had no seisin. (s) <^The conver- sion of the estate," said Lord Northington, <'is to be after the testator's death, and whoever takes under the settlement directed to be made will take a new-created interest, which never did, and never was intended to vest in the testator, and therefore he cannot take but as purchaser. "(a) But if the heir is to claim as purchaser, he must show that the will con- tains a bequest to him either expressly or hy implication. Now, he can- not maintain that any express gift was made in his favour, for the sup- position is, that the testator has declared no intention ; nor is it easy to discover upon what ground any implied gift can be supported, for, if im- plied at all, it must be so from something said in the will ] but if a tes- tator merely direct 1000^. to be laid out in lauds, to be settled on A. for life, the injunction plainly involves nothing more than what is actually expressed. To take the converse of this case, should a testator devise real estate to be sold, and direct the interest of the proceeds to be paid to A., for life, it is undoubted law, that the remainder of the stock would result to the heir, and is not by implication a bequest to the executor.(t) It may be said, that a testator is supposed so to favour the heir, that, (z) Under the late Inheritance Act, 3 & 4 W. IV. c. 106, the title is to be de- duced from the '-purchaser,'' but the argument in the text is equally applicable, (a) Robinson v. Knight. 2 Ed. 159. {b) Wilson v. Major, II Yes. 205. 208 LEWIN ON THE LAW OF TRUSTS, ETC. where money is to be *turned into land, a devise to the heir shall [*188J ^^ presumed. But whore is the maxim to be found, that a tes- tator shall be taken to favour his heir more than his executor ? That the law favours the heir is readily conceded, but it is only in the char- acter of Tieir; that is, the law, which invests the heir with the title by which he claims the land, will support him in the maintenance of that title, until it appears he has been disinherited, either expressly, or by necessary implication. It was never contended that favour was to be shown to him in the character of aj^urchaser. As the trust is executory, and therefore admits a greater latitude of construction, it maybe thought, perhaps, that the court would insert a limitation to the heir, on the ffround, that had the question been put to the testator himself, he would have o-iven a direction to that effect ; but as the heir, except as to lands of which the ancestor was seised, is regarded in the light of a stranger, there seems no more reason why the court should insert a limitation to the heir, than to any indifferent person. Besides, the argument would have no application to such cases as that of Leslie v. The Duke of Devon- shire, (c) where the uses of the remainder, though void, were actually expressed. But though the right of the heir may not appear to rest on any reasonable foundation, it may still be thought incongruous that land should go to the executor. However, this difficulty will, on examination, be found totally destitute of weight. The respective rights of the heir and executor are absolutely and immutably fixed at the moment of the intestate's decease : except so far as a person may have disposed of his property by will, what was then real estate will descend upon the heir, and what was then personal estate will devolve on the executor. The estate may, in the execution of some partial purpose expressed upon the will, have been converted into money, or a part of the personal estate may, with the same view, have been converted into realty ; but, in either case, the undisposed of interest will, notwithstanding the conversion, result to that representative from whom in fact it was never aliened. If a testator direct the sale of an estate, and give one-third of the proceeds to A., and another to B., the remaining third is, even after the actual r=*=lSQT *^^^^' ^ portion of the land of which the ancestor was seised, and L -I will therefore result to the heir ; and, on the same principle, if 1000?. be bequeathed to be laid out in lands to be settled, one-third on A. and his heirs, and another on B. and his heirs, the remaining one- third, even after the investment, must be part of the testator's personal estate, and, as such, result to the executor. " All the cases," said Lord Eldon, "establish this proposition, that where a person, dealing upon his own property, has directed a conversion for a imrtlcular purpose, or out and out, but the proceeds to be ap>plied to a particular purpose, when the purpose fails, the intention fails, and the court regards him as not having directed the conversion."(fZ) It may appear singular, that money should go to the heir, and land to the executor ; but it is needless to mention the numerous cases in which money at law is land in equity, and land at law is money in equity. (c) 2 B. C. C. 187. (f/j Ripley v. 'Waterworth. 7 Ves. 435. OF RESULTING TRUSTS. 209 The old authonties(e) upon the subject are somewhat conflicting; hut it will be unnecessary to enter upon a particular examination of them, as the case of Cogan v. Stevens,(/) before Lord Cottenham, while at the rolls, has decided the point in favour of the executor. Thirdly. It often happens, that the settlor makes a primary disposi- tion of the whole property to A. subject to a particular charge in favour of B., and the charge in event either wholly or partially fails so as either not to divest, or only ^^ro tanto divest the estate of A. The reader must distinguish the preceding cases of resulting trust from such a gift as this; for here, as the entirety is disposed of in the first instance to A., so far as the charge does not exhaust it, there can nothing result to the heir, even should the charge not take effect. The distinction was thus stated by Sir J. Leach -. — << If the devise/' he said, " to a particular person, or for a particular purpose, be intended by the testator to be an exception from the gift to the *residuary devisee, the heir takes the benefit r>ici nrn of the failure ; but if it be intended to be a charge only upon L -I the estate devised, and not an exception from the gift, the devisee will be entitled to the benefit of the failure. "(yec^ thereto and to the trust thereof had been actually expressed, (g') There has been much discussion as to the applicability to a charity legacy of the rule establishing a distinction between a charge tipon and exception from a devise. The question is one of difficulty, and before stating the apparent result of the cases, it may be useful to premise a few words as to the principle. If a testator devise an estate worth 10,000?. to trustees in trust to sell, and out of the proceeds to pay 1000?. to A., and the residue to B., and r*1921 '^' ^^^^ ^" ^^^ testator's lifetime, the *lapse enures to the benefit •- J not of the devisee but of the heir-at-law ; the reason is, that in real estate the word " residue" has not the same meaning as in personal estate, but each devise is considered a specific one, and the 1000?. and 9000?. are distinct fractions of the estate, so that if either fail in event, the undisposed of interest results to the heir-at-law. If, however, a testator devise an estate to A. and his heirs charged with a legacy of 1000?. to B., and B. dies in the testator's lifetime, then, as we have seen, A. takes the estate free from the legacy. The expla- nation is, not that the devisee was intended to take the legacy, qua legacy, but the testator has constituted a hceres f actus to the disinherison at all events of the heir-at-law, and as the legacy is given not directly to the (n) That the case was probably decided on this ground, see Observations of Richards, C. B., Dan. 235, and of Lord Eldon, ib. 338 (0) Davidson v. Foley, 2 B. C. C. 203; Marshall v. Holloway, 2 Sw. 432; Lord ^o^i n n'^?^''" ^- ^a^l^'S of Hertford, 2 V. & B. 54 ; and see Maundrell v. Maund- rell, 10 Ves. 259. {p) Re Cooper's Trusts, 4 De Gex, M. & G. 757. T orH n r^ T- ^^'"^' ^9 Ves. 352; S. C. Coop. 206; overruling the dictum of Lord Hardwicke, in Brown V. Jones. 1 Atk. 191 OF RESULTING TRUSTS. 211 legatee, in which case it would be an exception from the devise of the estate, but has been made a charge to be raised, so far as may be neces- sary, out of the estate previously devised, the legacy, as in event it is not required to be raised, sinks for the benefit of the devisee. Should an estate be devised to A., and his heirs, charged with a legacy to a charity, then these observations occur. On the one hand it may be said that in the case of an ordinary charge the lapse of the legacy was an incident to the bequest, which the testator may be taken to have contemplated, and he may have meant that on the occurrence of that event the devisee should be entitled ; but in the instance of a charity, the object of the legacy exists at the testator's death, and the event on which the money was payable has arisen ; he could not, therefore, have intended the devisee to take the legacy, which is bequeathed under the circumstances to the charity ; the legacy therefore, in this case, though in form a charge, is in fact an exception. On the other hand it may be argued that where the legacy is admitted to be a charge and not an ex- ception, the devisee does not take the legacy, hecause it was intended for him, since then in the case of a lapse the charge would not sink for the benefit of the devisee (for in real estate that only goes to the devisee which is not otherwise expressed to be disposed of, whether the bequest take effect or not, as in the case above noticed of a trust for sale, where the lapse of a legacy out of the proceeds enures to the bene- fit *of the heir,) but, nevertheless, in a charge the devisee does r^j^ggn take the legacy in case of lapse, from the form in which the L -* legacy is given ; a result which shows the true view to be that the testa- tor first constitutes the devisee the hceres factus of the whole estate, which disinherits the heir, and then as the legacy is made a graft upon that estate, and the legacy fails, the estate is exonerated from the burden. Lord Alvanley was of opinion that this was the true ground, and that it matters not in what way the failure of the legacy arises, whether by lapse, or the unlawfulness of the object : "It is now perfectly settled," said Lord Alvanley, <' that if an estate is devised charged with legacies, and the legacies fail, no matter how, the devisee shall have the benefit of it and take the estate."(r) The cases upon the subject are very conflicting, but the best results to be obtained from them appear to be these : 1. The first inquiry to be made is, whether upon the whole will the testator intended the legacy and the devise to be two distinct indepen- dent gifts, flowing directly from himself to the legatee and devisee, or whether he devised the whole estate in the first instance to the devisee to the disinherison of the heir, and then gave the legacy not as an original gift from the testator to the legatee, but by way of graft upon the estate previously given to the devisee ; in the former case the legacy would be an exception, (s) and in the latter, a charge. 2. Assuming the legacy to be, according to the true construction of the will, not an exception but a charge, then if the legacy be given by (r) Kennell v. Abbott, 4 Yes. 811. («) Cooper's Trusts, 4 De Gex, M. & G. V57. 212 LEW IN ON THE LAW OF TRUSTS, ETC. way of a condition imposed on the devisee, the legacy, as the condition is void, sinks for the devisee's benefit. (f) 3. If the estate be devised charged with a sum, say of 1000/., to be paid to the testator's executors and applied in discharge of his debts and legacies, including a legacy to a charity, in this case the charge is raisable as against the devisee, and *the charity legacy will be a L -1 resulting trust to the testator's heir-at-law. (w) 4. If the estate be simply devised to one, charged with or subject to a legacy in favour of another, and there is nothing on the face of the will to show that the legacy, though expressed in the form of of a charge, was meant to be an exception, then the leaning of the court at the present day would appear to be in favour of the devisee. (i^) 5. It may be doubted whether the circumstance of a direction for an intermediate payment to the testator's executors of the sum to be raised be a tenable ground of distinction, and should the court decide in favour of the devisee in a case under the fourth head, such decision would undoubtedly shake those in favour of the heir under the third. It would be a reasonable and intelligible rule to lay down that where the failure of the legacy arises from any event which the testator might reasonably have contemplated, as, the death of the legatee in his lifetime, then the legacy should sink for the benefit of the devisee ; but that where the legacy is raisable in the event which has happened, and the legacy is only not paid because the policy of the law, in spite of the intention, forbids it, as in the case of a legacy to a charity, there the legacy was in fact never given to the devisee, and a trust should result for the benefit of the heir. The subject, as the matter now stands, is in a very unsatisfactory state. Fourthly. It has been stated in general terms, that, in the cases we have mentioned, a trust will result to the settlor or his representatives, but the doctrine must be received with at least this qualification, that r*195n *^^ interest which would *have resulted be not otherwise dis- L -I posed of by the settlor himself. Any interest that would have resulted may of course be given away from the settlor's representative, by a particular and specific devise or bequest ; it remains only to inquire what is the efi'ect of certain general expressions. With respect to a testator's realty, the heir " shall sit in the seat of his (0 Poor V. Mial, 6 Madd. 32; Arnold v. Chapman, 1 Yes. 108; Ridgway v. Woodhouse, 7 Beav. 437. See contra, Bland v. Wilkins, cited Wright v. Row, 1 B. C. C. 61, note. In Cooke t. Stationers' Company, the M. R. said the condition made no difference, as it was no more than a charge, 3 M. & K. 266. (m) Arnold v. Chapman, 1 Ves. 108; Henchman y. Attorney-General, 3 M. k K. {v) Cooke V. Stationers' Company, 3 M. & K. 262; Baker v. Hall, 12 Ves. 497, (but the heir was not a party;) Barrington v. Hereford, cited Wright v. Row, 1 R A a'^^' •'^^^^soi ^- Hurlock, 2 Ed. 263; Amb. 487 ; and see remarks of Lord Keaesdale and Lord Eldon on this case in Tregonwell v. Sydenham, 3 Dow. 208- f«v f u assumed the power to be good, but that as it was exercised in lavour ot a chanty, the devisee was not affected bv a void execution of the power, ana was rightly allowed to retain the estate: in fact, there was no appointment Z^A ^"^"'y' for tbe letter, not being of a testamentary character, could not be read, bee contra, Gravenor v. Hallum, Amb. 643 OF RESULTING TRUSTS. 213 ancestor," unless the disinherison be expressed or clearly implied. The word " residue," therefore, has in devises received a strict and narrow construction, and is held to mean, not all that the testator has not actually disposed of, but only so much of which he has shown no intention of dis- posing. Thus, if, before the late Wills Act, lands had been devised upon trust to raise 5000A for a charity, the residue to A.,(?c) or upon trust to raise 5000/. for a charity, with a general devise ''of all the residue of the testator's real estate, whatsoever and wheresoever," (.i-) in either case the void legacy would have resulted to the heir, and not have been included in the residuary clause. But the law has now been altered in this respect by the late Wills Act, which makes a residuary devise sweep all interest undisposed of in real estate as a residuary bequest already did in respect of personal estate. (y) And if a testator direct his lands to be sold, and afterwards add a general bequest of all his personal estate,[z) or appoint a person residuary executor, {a) any part of the proceeds of the sale that is undisposed of will not form part of the residuary fund in the first case, or pass to the residuary executor in the ^second ; for nothing, properly speak- r^ic^OGI ing, is a testator's j^^rsonaZ estate, but what possesses that charac- L -I ter at the moment of his decease. (6) But the intention of converting the property absolutely by the sale, so as to make the proceeds undisposed of by the will pass by the description of the testator's "j>ersonaI estate," may be collected from a will specially worded j(c) and the blending of the real and personal estates into one fund will be regarded as a circumstance in some degree indicative of such an intention ;[d) and this of course will be the case, where the testator expressly directs the proceeds to be considered as part of his person- alty.(e) (w) Hutcheson v. Hammond, 3 B. C. C. 128; Page v. Leaping-\vell, 18 Yes. 463; Collins V. Wakeman, 2 Ves. jun. 683 ; Cruse v. Barlej", 3 P. W. 20 ; Jones v. Mitchell, 1 S. & S. 293; Sprigg v. Sprigg, 2 Tern. 394, per Cur.; Cooke v. Sta- tioners' Company, 3 M. & K. 264, per Cur.; Anon, case, 1 Com. 345. (x) Goodright v. Opie, 8 Mod. 123; Wright v. Hall, Fort. 182; S. C. 8 Mod. 222; Roe v. Fludd, Fort. 184; Watson v. Earl of Lincoln, Amb. 325; Oke v. Heath, 1 Ves. 141, per Lord Hardwicke ; Cambridge v. Rous, 8 Ves. 25, per Sir W. Grant; Doe v. Underdown, Willes, 293. But see Page v. Leapingwell, 18 Ves. 463 ; but it does not appear that the heir was a party, and the question was not discussed. (y) 1 Vict. c. 26, s. 25. (z) Maugham v. Mason, 1 V. k B. 410 ; and see Gibbs v. Rumsey, 2 V. & B. 294. (a) Berry v. Usher, 11 Ves. 87. (6) See Maugham v. Mason, 1 V. & B. 416. (c) Mallabar v. Mallabar, Rep. t. Talb. 78 ; Brown v. Bigg, 7 Ves. 279 ; Durour V. Motteux, 1 Ves. 321. (See Mocteux's will correctly stated, Jones y. Mitchell, 1 S. & S. 292, note (d)). See observations on Mallabar v. Mallabar, and Durour y. Motteux, in Maugham v. Mason, 1 V. & B. 416. (d) Compare Durour v. Motteux, 1 Ves. 321, with Maughan y. Mason, 1 V. & B. 417; Hutcheson y. Hammond, 3 B. C. C. 148, per Lord Thurlow ; but see Berry V. Usher, 11 Ves. 87. (e) Kidney v. Koussmaker, 1 Ves. jun. 436; see Lowes v. Hackward, 18 Ves. 171. In Collins v. Wakeman, 2 Ves. jun. 683, the sum undisposed of did not fall into the residue on the principle adopted in Dayers y. Dewes, 3 P. W. 40, and Attorney-General v. Johnstone, Amb. 577. 2U LEWIN ON THE LAW OF TRUSTS, ETC. The question has been much discussed, what expressions of a testator will amount to such an absolute conversion of real estate into personal, that a void or lapsed legacy given out of the proceeds of the sale shall, as if the property had been personal, fall into the residuary bequest, instead of resulting to the heir. " I agree," said Lord Brougham, " a testator may provide that lapsed and void legacies shall go in this manner, as if the testator say in express words, '' I give all lapsed and void lega- cies as parcel of my residue to the residuary legatee," and if he can do it by express words, he can do it by plain and obvious intention to be gathered from the whole instrument. (/) But what will amount to such an implication is a point that can with difficulty be brought under any very definite rule. r^-i^^n. Apparently the only principle to be extracted from the *autho- I- -I rities is, that a lapsed or void legacy will pass to the residuary legatee, if the testator expressly declare that the proceeds of the sale shall he considered as ^^ personal estate," or if the intention of an absolute conversion into personal estate for all the purposes of the will can, with- out the aid of any such express declaration, he gathered from the general structure of the willing) It was stated in a former page, that if a testator direct the proceeds of the sale to be taken as '^personal estate," a part of the proceeds undisposed of by him will nevertheless not result to the next of kin. The distinction between the next of kin and the residuary legatee is this : the former claim dehors the will, while the latter is a claimant under the will, and when the proceeds of the sale are directed to be taken as personalty, the testator must be understood to mean for the purposes of the will only, and not for any object beyond it. With respect to resulting trusts of p)ersonal estate,- the general residu- ary bequest sweeps every interest, whether undisposed of by the will, or undisposed of in event, and therefore it is only where the will contains no residuary clause that the next of kin can assert a claim to the benefit of the resulting interest. (/;) But if any part of the personal estate be expressly excepted from the residue, as if a testator reserve a sum to be disposed of by a codicil, and give the residue not disposed of or reserved to be disposed of to A., and no codicil is executed, the sum so specially excepted will then result to the next of kin.f A tfr It may happen that a cestui que trust has died intestate, without heir r*lQ9l ^^ D6xt of kin, and in that case the beneficial interest undisposed •- J of will, if the property be real estate (a *trust not being liable to (/) Amphlett v. Parke, 2 R. & M. 232 ; and see M'Cleland v. Shaw, 2 Sch. & Lef. 545. {g) Durour v. Motteux, 1 Ves. 321, (see the will stated from Reg. Lib. in Jones V. Mitchell, 1 S. & S. 292, note (d)) ; Kennell v. Abbott, 4 Ves. 802 ; Amphlett v. Parke, 1 Sim. 275 ; S. C. 2 R. & M. 221 ; Green v. Jackson, 5 Russ. 35; S. C. 2 R. & M. 238 ; Salt v. Chattaway, 3 Beav. 576. As to Mallabar v. Mallabar. Rep. t. Talb. 78, see Phillips v. Phillips, 1 M. & K. 660. {h) See Dawson v. Clarke, 15 Ves. 417; Brown v. Higgs, 4 Ves. 708 ; S. C. 8 Ves. 570; Shanley v. Baker, 4 Ves. 722; Jackson v. Kelly, 2 Ves. 285; Oke v. Heath, 1 Ves. 141 ; Cambridge v. Rous, 8 Ves. 25 ; Cooke v. Stationers' Company-, 3M. &K. 264. ' ° ' ' f •" (i) Davers v. Dewes, 3 P. W. 40: Attornev-General v. Johnstone. Amb. 577. OF KESULTING TRUSTS. 215 escheat,) sink into the land for the benefit of the legal tenant ;(^) but in the case of personalty the resulting interest, as bonum vacans, falls to the crown by the prerogative. (Z) Lastly, it may be noticed that settlements to cliaritalle purposes are an exception from the law of resulting trusts : for, upon the construction of instruments of this kind, the court has adopted the two following rules : — 1. Where a person makes a gift, whether by deed or will, and expresses a general intention of charity, but either particularizes no objects,(m) or such as do not exhaust the proceeds, («) the court will not sufi'er the property in the first case, or the surplus in the second, to result to the settlor or his representatives, but will take upon itself to execute the general intention, by declaring the particular purposes to which the fund shall be applied. 2. Where a person settles lands, or the rents and profits of lands to purposes which at the time exhaust the whole proceeds, but, in conse- quence of an increase in the value of the estate, an excess of income subsequently arises, the court will order the surplus, instead of resulting to the heir, to be applied in the same or a similar manner with the ori- ginal amount, ^o) *But even in the case of charity, if the settlor do not give the pj^gg-i land or the whole rents of the land, but, noticing the property L ^ -I to be of a certain value, appropriate part only to the charity, the residue will then follow the general rule, and result to the heir-at-law. (jj) The exceptions we have noticed were established at an early period, when the doctrine of resulting trusts was imperfectly understood.(2) The interest of the heir was shut entirely out of sight, and the question {k) Henchman v. Attorney-General, 3 M. & K. 485 ; Taylor v. Haygarth, 14 Sim. 8. (I) See S. C; and see Middleton v. Spicer, 1 B. C. C. 201 ; Barclay v. Russell, 3 Yes. 424 ; Taylor v. Haygarth, ubi supra. (m) Attorney-General v. Herrick, Amb. 1:12. \n) Attorney-General v. Haberdashers' Company, 4 B. C. C. 102 ; S. C. 2 Ves. jun. 1; Attorney-General v. Minshull, 4 Ves. 11; Attorney-General v. Arnold, Shower's P. C. 22 ; and see Attorney-General v. Sparks, Amb. 201 ; and see Lord Eldon's observations, Attorney-General v. Mayor of Bristol, 2 J. & W. 319. (o) Inhabitants of Eltham v. Warreyn, Duke, 67; Sutton Colefield case, second resolution. Id. 68 ; Hynshaw v. Morpeth Corporation, Id. 69 ; Thetford School case, 8 Re. 130 b ; Attorney-General v. Johnson, Amb. 190 ; Kensington Hastmgs' case, Duke, 71 ; Attorney-General v. Mayor of Coventry, 2 Vern. 397, reversed in D. P. 7 B. P. C. 236, (see the foregoing cases commented upon by Lord Eldon m Attorney-General V. Mayor of Bristol, 2 J. &W. 316 ;) Attorney-General v. Coopers' Company, 19 Ves. 189, per Lord Eldon; Attorney-General v. Wilson, 3 M. & K. 362 ; Lad v. London City, Mos. 99 ; Attorney-General v. Coopers' Company, 3 Beav. 29; Attorney-General v. Master of Catherine Hall, Cambridge, Jac. 381; Attorney-General T. Drapers' Company, 2 Beav. 508 ; 4 Beav. 67 ; Attorney-General V. Christ's Hospital, ib. 73; Attorney-General v. Merchants Venturers' Society, 5 Beav. 338 ; Attorney-General v. Corporation of Southmolton, 14 Beav. 357 ; Attorney-General v. Caius College, 2 Keen, 150 ; and see Attorney-General v. Smythies, 2 R. & M. 7l7 ; Attorney-General v. Drapers' Company, 6 Beav. 382. Ip) See Attorney-General v. Mayor of Bristol, 2 J. & W. 307 and 332 ; Attorney- General V. Gascoigne, 2 M. & K. 647. [q) Attorney-General v. Johnson, Amb. 190, per Lord Hardwicke ; Attorney- General V. Mayor of Bristol, 2 J. & W. 307, per Lord Eldon. LEWIN ON THE LAW OF TRUSTS, ETC. 216 was viewed as between the charity and the trustee.(r) Were the subject still unprejudiced by authority, there is little doubt but the court would, at the present day, be governed by the general principle, and hold a trust to result. (s) SECTION II. RESULTING TRUSTS UPON PURCHASES IN THE NAMES OF THIRD PERSONS. I. Where the purchase is in the name of a stranger. "The clear result," said Lord Chief Baron Eyre, "of all the cases, without a single exception, is that the trust of a legal estate, whether freehold, copyhold or leasehold, whether taken in the names of the pur- chaser and others jointly, or in the name of others without that of the pur- chaser; whether in one name or several, whether jointly(<) or sMccessive,(<^) results *to the man who advances the purchase-money (m) and it L •^'^^J goes on a strict analogy to the rule of the common law, that where a feoffment is made without consideration, the use results to the feoffor.(v) But no trust will result unless the person advance the money in the character of a purchaser; for if A. discharge the purchase-money by way of loan to B., in whose name the conveyance is taken, no trust will result in favour of A., who is merely a creditor of B.(?6-) And, on the other hand, should B. advance the purchase-money, but only on account of A., then A. is the owner in equity, and B. stands in the light of a creditor, (.r) And not only real estate but persowo% also is governed by these prin- ciples, as if a man take a bond,(^) or purchase an annuity,(s) stock, (a) or other chattel interest,(6) in the name of a stranger, the equitable ownership results to the person from whom the consideration moved. (r) See Thetford School case, 8 Re. 130. (s) See Attorney-General v. Mayor of Bristol, 2 J. & W. 307. {t) See Ex parte Houghton, 17 Ves. 251 ; Rider v. Kidder, 10 Ves. 367. [tt) Withers v. Withers, Amb. 151 ; Howe v. Howe, 1 Vern. 415 ; Goodright t, Hodges, 1 Watli. Cop. 227 ; S. C. Lofift, 230 ; Smith v. Baker, 1 Atk. 385 ; Clarke V. Danvers, 1 Ch. Ca. 310; Prankerd v. Prankerd, 1 S. & S. 1. [u) Redington v. Redington, 3 Ridg. 177, per Lord Loughborough; Hungate v. Hungate, Tothill, 120; Ex parte Vernon, 2 P. W. 549; Ambrose v. Ambrose, 1 P. W. 321 ; Willis v. Willis, 2 Atk. 71 ; Woodman v. Morrel, 2 Freem. 33, per Cur.; ib. 123 ; Finch v. Finch, 15 Ves. 50, per Lord Eldon; Grey v. Grey, 2 Sw. 597 ; S. C. Finch. 340, per Lord Nottingham ; Wray v. Steele, 2 V. & B. 390, per Sir T. Plumer ; Smith v. Camelford, 2 Ves. jun. 712, per Lord Loughborough ; Anon. 2 Vent. 361; Pelly v. Maddin, 21 Vin. Ab. 498; Lever v. Andrews, 7 B. P. C. 288; Lade v. Lade', 1 Wils. 21; Groves v. Groves, 3 Y. & J. 170, per Ch. Bar. Alexander; Murless v. Franklin, 1 Sw. 17, 18, per Lord Eldon; Crop v. Norton, 9 Mod. 235; S. C. Barn. 184; S. C. 2 Atk. 75, per Lord Hardwicke ; Trench v. Harrison, 17 Sim. 111. («) Dyer v. Dyer, 2 Cox, 93 ; S. C. 1 Watk. Cop. 218. {w) See Bartlett v. Pickersgill, 1 Ed. 516; Crop v. Norton, 9 Mod. 235. (x) See Aveling v. Knipe, 19 Ves. 441. {y) Ebrand v. Dancer, 2 Ch. Ca. 26. (z) Mortimer v. Davies, cited Rider v. Kidder, 10 Ves. 363, 366. {a) Rider v. Kidder, 10 Ves. 360 ; Lloyd v. Read, 1 P. W. 607; and see Sidmouth V. Sidmouth, 2 Beav. 447. [b) See Ex parte Houghton, 17 Ves. 253. OF RESULTING TRUSTS, 217 In Crop V. Norton(c) Lord Hardwicke doubted whether the rule was not confined to an individual purchaser. <' Suppose/' he said, " two per- sons purchase an estate, and club for the consideration-money ; suppose the conveyance is taken in the name of one of them only, and it recites that the whole of the *purchase-money was paid by the other. r^.;)o-i-i I do not know a case wherein it has ever been declared there ^ " J could be a resulting trust in part of the estate for the benefit of the other."^fZ) But in Wray v. Steel, (e) the point was expressly decided in conformity with the general principle, and Sir Thomas Plumer observed, that Lord Hardwicke could not have used the language ascribed to him; for what was there applicable to an advance by a single individual which was not equally applicable to a joint advance under similar circum- stances ? If two persons joining in a purchase, take the conveyance, not in the name of a stranger, or of one of themselves, but in the names of hoth of themselves as joint-tenants, then a distinction must be observed between an equal and an unequal contribution. In the former case there in no- thing on which to ground the presumption of a resulting trust, for per- sons making equal advances might very consistently take an estate in joint-tenancy, as each has it in his power to compel a partition, or by executing a conveyance to pass a moiety of the estate. (/) And so, if two persons contract for a purchase to them and their heirs, and one of them die, the court, if they paid equal proportions, will specifically perform the agreement, by ordering a conveyance, not to the heir of the deceased per- son and the survivor as tenants in common, but to the survivor alone. (^f) But even where equal contributors take a conveyance in joint- tenancy, collateral circumstances may induce a court of equity to construe it a tenancy in common, as if two people join in lending money upon mort- gage, equity says it could not have been the intention that the interest in that should survive j but though they took a joint security, each meant to lend his own, and take back his own.(/<) And so where two tenants in *common, of a mortgage term, purchase the equity of redemption |-^^„^-. to them and their heirs, it was held the nature of the inheritance L "" J should follow that of the term. (A And in all cases of a joint under- taking or partnership, by way of trade, or upon the hazard of profit and loss, the jus accrcscendi is excluded, and the survivors are trustees, in due proportions, for the representatives of those who are dead.(Z;) And (c) Barn. 179; S. C. 9 Mod. 233; S. C. 2 Atk. 74. (d) Barn. 184. (e) 2 V. & B. 388. (/) Rea T. Williams, Append, to Vend, and Purch. No. 24 ; Moyse v. Gyles, 2 Vern. 385 ; York v. Eaton, 2 Freem. 23 ; Rigden v. Vallier, 3 Atk. 735, per Lord Hardwicke; Hayes v. Kingdome, 1 Veru. 33; Aveling v. Knipe, 19 Ves. 444, per Sir W. Grant; Lake v. Gibson, 1 Eq. Ca. Ab. 291, per Sir Jos. Jekj-ll ; Anon. Cartli. 15; and see Thicknesse v. Vernon, 2 Freem. 84. {ff) Aveling v. Knipe, 19 Ves. 441. (h) Morley v. Bird, 3 Ves. 631, per Lord Alvanley; Rigden v. Vallier, 3 Atk. 734, per Lord Hardwicke; Anon, case. Garth. 16; Partridge v. Pawlet, 1 Atk. 467 ; Petty V. Styward, 1 Ch. Re. 57 ; Vickers v. Cowell, 1 Beav. 529. (i) Edwards v. Fashion, Pr. Ch. 332 ; and see Aveling v. Knipe, 19 Ves. 444. (k) Lake v. Gibson, 1 Eq. Ca. Ab. 290 ; S. C. (by name of Lake v. Craddock,) affirmed 3 P. W. 158: Jeffereys v. Small. 1 Vern. 217; Elliot v. Brown, cited 218 LEWIN OX THE LAW OF TRUSTS, ETC. where the purchasers pay equally, and take a joint estate, and one after- wards Improves the property at his own cost, he has a lien upon the land jtro tanto for the money he has expended. (?) Should the contribution of the parties be unequal, then in all cases a trust results to each of them in proportion to the amount originally subscribed. (?7^) If A. discharo-e the fine on a grant of copyholds to B., C, and D. suc- cessively for their lives, the equitable interest will result to A. ; but should A. die intestate, on whom will the remaining equity devolve ? Estates pur autre vie in copyholds were not within the Statute of Frauds,(«) nor the 1-4 G. 2 c. 20, s. 9,(o) and before the late Wills Act the questions were asked, can the heir take an estate which has no descendible pro- perty ? or can the executor claim as assets what is not of the nature of personalty ? or shall the tenants of the legal estate become the beneficial proprietors in the absence of any one to advance a better title? In Clark V. I)anvers(/>) the plaintifi" was both heir and executor of the equitable owner, and was decreed the benefit of the trust. In Howe v. Howe^jj the administratrix was held entitled, and so it was allowed in Rundle v. Ptundle,(r) and was determined in Withers v. Withers,(s) and was subse- quently sanctioned by the high authority of Lord *Mansfield. L " -1 (^ It is always presumed," said his lordship, " that whoever pays the fine takes for his own use and benefit, and does not mean to serve the others, who are mere nominees to give as large an estate as by the rules of the manor he can have ; and as his personal estate is diminished hy the payment of the fine-money his personal representative is entitled to the advantage remit ing from it."(t) Now by the late Wills Act (1 Y. c. 26, s. 6,) it is declared, that an estate ^wr autre vie in copyhold shall, if not disposed of by the will of the grantee, go to his personal representative. The court cannot imply a resulting trust in evasion of an act of parlia- ment, and therefore if A., on purchasing a ship, take the transfer in the name of B., the complete ownership, both legal and equitable, is in B.(«) In order to enforce the navigation laws, and secure to British subjects the exclusive enjoyment of British privileges, the Eegistry Acts require an exact history to be kept of every ship, how far throughout her exist- ence she has been British built and British owned, and if implied trusts were pei-mitted the whole intent of the legislature might be indirectly defeated. (r) It was at first contended that the acts were not meant to apply to transfers by operation of law ; nor are they to transfers by mere operation of law that could not be effected in the mode prescribed by Jackson v. Jackson, 9 Ves. 597 ; Lyster v. Dolland, 1 Yes. jun. 434, 435, per Lord Thurlow; and see York v. Eaton, 2 Freem. 23. (Z) Lake v. Gibson, 1 Eq. Ca. Ab. 291, per Sir J. JekylL (m) Lake v. Gibson, 1 Eq. Ca. Ab. 291, per Sir J. JekyH; Rigden v. Vallier, 3 Atk. 735. per Lord Hardwicke. (n) 29 Car. 2, c. 3, s. 12. (o) Rundle v. Rundle, Amb. 152. Ip) 1 Ch. Ca. 310. Ig) 1 Yern. 415. (r) 2 Yern. 252, 264; S. C. Amb. 152. (s) Amb. 151. (t) Goodright v. Hodges, 1 Watk. Cop. 228 ; and see RumboU v. Rumboll, 2 Ed. 15. (m) Ex parte Yallop, 15 Ves. 60 ; Ex parte Houghton, 17 Ves. 251 ; Camden v. Anderson, 5 T. R. 709. (y) See Ex parte Yallop. 15 Ves. 66, 69. OF RESULTING TRUSTS. 219 the statutes, as in the transfer to executors, to assignees of bankrupts, &e. ; but they do reach the case of transfers not by mere operation of law, but connected with the acts of parties, and arising ex contractu. iic\ Upon the same principle, while the papistry laws were in force, if A., a papist, had purchased an estate in the name of B., the court could not have presumed a resulting trust to A., which, as soon as raised, would have become forfeitable to the state. (j;) And so if a purchaser take a conveyance in the name of r:f:.7Aj^-| ^another, with the view of giving him a vote for a member of L *" J parliament, he cannot afterwards claim the beneficial ownership, for the operation of such a right would render the original purchase fraudulent, (y) As the Statute of rrauds(s) extends to creations or declarations of trusts by parties only, and does not affect, indeed expressly excepts, trusts arising by operation or construction of law, it is competent for the real purchaser to prove his payment of the purchase-money by pa/'o?, even though it be otherwise expressed in the deed. In Kirk v. Webb(o) it was argued '^ there could be no trust unless there were a declaration in the deed to that purpose, for by the statute there could be no trust unless it were declared in writing ; that if it were a resulting trust, it was made so by parol proof, which was directly con- trary to the statute, and would open a door to all the mischiefs it was intended to prevent; that it would introduce an utter uncertainty into all men's titles, for the best title might be spoiled by proving the pur- chase-money to be another person's ;" and the court refused to admit the evidence, and the decision was followed in subsequent cases ■,{h\ however, the doctrine, though supported by numerous precedents, has since been clearly overthrown by the concurrent authority of the most distinguished judges.(c) The rule as at present established will not warrant the admission of parol evidence, where an estate is purchased by an agent, and no part of the consideration is paid by the employer ; for though an agent is a trustee in equity, yet the *trust is one arising ex contractxi, i-jj^prv'-i and not resulting by operation of law.(f/) The agent may be L "^ J indicted for perjury in denying his character, and may be convicted, yet the court has no power to decree the trust, (c) The employer, therefore, [w) See Ex parte Yallop, 15 Ves. 68 : Ex parte Houghton, 17 Ves. 254. [x) See Redington v. Redington, 3 Ridg. 184. (y) Groves v. Groves, 3 Y. & J. 163, see 172, 173. (2) 29 Car. 2, c. 3. (a) Prec. Ch. 84. {b) Heron v. Heron, Pr. Ch. 163 ; S. C. Freem. 248 ; Skett v. Whitmore, Freem. 280; Kinder v. Miller, Pr. Ch. 172; and see Halcott v. Markant, Pr. Ch. 168; Hooper v. Eyles, 2 Vern. 480; Xewton v. Preston, Pr. Ch. 103 ; Cox v. Bateman, 2 Yes. 19; Ambrose v. Ambrose, 1 P. W. 321 ; Deg v. Deg, 2 P. W. 414. The earlier case of Gascoigne v. Thwing, 1 Yern. 366, accorded with the modern doctrine. (c) Ryall V. Ryall, 1 Atk. 59; S. C. Amb. 413; Willis v. Willis, 2 Atk. 71; Bartlett v. Pickersgill, 1 Ed. 515 ; Lane v. Dighton, Amb. 409 ; Knight v. Pechej, 1 Dick. 327 ; S. C. cited from MS. 3 Vend. & Purch. 258 ; Groves v. Groves, 3 Y. & J. 163; Lench v. Lench, 10 Yes. 517. (d) Bartlett v. Pickersgill, 1 Ed. 515 ; Rastel v. Hutchinson, 1 Dick. 44; Lamas V. Bayly, 2 Yern. 627 ; Atkins v. Rowe, Mose. 39 ; S. C. Cas. Dom. Proc. 1730. (e) Bartlett V. Pickersgill, 1 Ed. 517. 220 LEWIX ON THE LAW OF TRUSTS, ETC. as he cannot profit by the conviction, is not prevented by interest from beino" a witness against the agent.(/) And parol evidence, where admitted, must prove the fact very clearly ;{g) though no objection lies against the reception of mere cir- cumstantial evidence, as that the circumstances of the pretended pur- chaser were so mean as to make it impossible he should have paid the purchase-money himself.(A) Should the nominal purchaser deny the trust by his answer, there seems to be no reason why parol evidence should not be admitted to esta- blish the fact against him ; for, before the Statute of Frauds, parol evi- dence was undoubtedly admissible, and, as trusts by operation of law are expressly excepted from the statute, by what rule is parol evidence to be excluded ?(A But the solemnity of the defendant's oath will of course require a considerable weight of evidence to overcome its impression. (Z:) It is laid down by Mr. Sanders, that " if a person at his death leave any papers disclosing the real circumstances of the case, the court will raise the trust even against the express declaration of the purchase- deed. "(^ We have seen that, according to the latest authorities, parol evidence is in ordinary *cases admissible against the language L -1 of the purchase-deed ; but, if Mr. Sander's opinion to the con- trary(wi) were well founded, it does not appear how mere papers would satisfy the requisitions of the statute ; for, to have that effect, the writ- ings ought also to be signed hy the party. The cases of Ryall v. Ryall(tt) and Lane v. Dighton,(o) which are cited for the position, do not at all turn upon the distinction suggested. It is observed by the same writer, that, " after the death of the sup- posed nominal purcliaser, parol proof alone can in no instance be admitted against the express declaration of the deed;"(p) but the cases relied upon in support of this doctrine(^) do not distinguish between proofs in a person's lifetime and after his decease : they are certainly authorities for the exclusion of parol evidence universall}', but in this respect, as before noticed, they have been subsequently overruled. It would seem, upon principle, that the death of the nominal purchaser cannot affect (/) Kingv. Boston, 4 East, 5T2. (g) Gascoigne v. Thwing, 1 Vern. 306; Halcott v. Markant, Pr. Ch. 168; Willis V. Willis, 2 Atk. 71 ; Goodright v. Hodges, 1 Watk. Cop. 229, per Lord Mansfield; Groves v. Groves, 3 Y. & J. 163 ; and see Rider v. Kidder, 10 Ves. 364. (A) Willis V. Willis, 2 Atk. 71, per Lord Hardwicke ; and see Lench v. Lench, 10 Ves. 518 ; AVilkins v. Stevens, 1 Y. & C. Ch. Ca. 431. [i) In Bartlett v. Pickersgill, 1 Ed. 515, where the defendant denied the trust, Lord Henley said, if the plaintiff had paid any part of the purchase-money, be would have admitted the evidence ; and see Edwards v. Pike, 1 Ed. 267. Mr. Sanders, (Uses and Trusts, c. 3, s. 7, div. 2,) dissents from the doctrine ; but the authorities cited by him to the contrary do not appear to warrant his conclusion. [k) See Cooth v. Jackson, 6 Ves. 39. [1) Uses and Trusts, c. 3, s. 7, div. 2. (to) Uses and Trusts, c. 3, s. 7, div. 2. (n) Amb. 413. (o) Arab. 409. {p) Uses and Trusts, c. 3, s. 7, div. 2. (?) Kirk V. Webb, Pr. Ch. 84; S. C. Freem. 229; Heron v. Heron, Pr. Ch. 163; Halcott V. Markant. id. 168 ; Kinder v. Miller, id. 172; S. C. 2 Vern. 440; Deg v. Deg, 2 P. W. 414. per Lord King. OF RESULTING TRUSTS. 221 the admissihiltfy of parol testimony, whatever effect it may have in de- tracting from its loeight. In the question, whether a purchase in ^he name of a third person can be established by parol testimony is also involved the question, whether trust-money can be followed into land by parol. A purchase with trust-money is virtually a purchase paid for by the cestuis que trust; and on the ground that such a purchase is a trust resulting by operation of law, and not within the purview of the Statute of Frauds, it has been settled that parol evidence is clearly admissible. (?•) On the other hand, as the trust results to the real purchaser by pre- sumption of law, which is merely an arhitrary implication in the absence of reasonable jiroof to the contrary, the nominal purchaser is at liberty to rebut the presumption by *the production of parol evi- 1-^0^7-1 dence showing the intention of conferring the beneficial in- L J terest.(s) And as he may repel the presumption in toto, so may he in part ; as by proving the purchaser's intention to permit the legal tenant to enjoy beneficially for life.(^) And when it has been once ascertained what was the understanding of the parties at the time of the purchase, it is not competent to the real purchaser to put a diffierent construction upon the instrument at any subsequent period ;(?i) and even if under such circumstances the legal tenant agreed afterwards to execute a conveyance to the person who paid the money, the court would not enforce the contract, if merely volun- tary, (t;) The real purchaser may also be barred of his interest by laches, for the presumption of a resulting trust will not be raised, after a great length of time, in opposition to the evidence arising from actual enjoy- ment. (?f) II. Where the purchase is made hy a father in the name of his child. In this case, instead of a resulting trust, the presumption of law is, that a provision was intended. (.r) The grounds of this doctrine are thus stated by Lord Nottingham :(^) — 1. " The natural consideration of blood and affection is so apparently (r) Lench v. Lench, 10 Yes. 517, per Sir W. Grant ; Rjall v. Ryall, 1 Atk. 59 ; S. C. Amb. 413 ; Lane v. Dighton, Amb. 409 ; Balgnej- v. Hamilton, Amb. 414 ; Trench v. Harrison, 17 Sim. 111. (5) Goodright v. Hodges, 1 Watk. Cop. 227; S. C. Lofft, 230 ; Rider v. Kidder, 10 Ves. 364 ; Rundle v. Rundle, 2 Vern. 252, 264; Taylor v. Taylor, 1 Atk. 386 ; Redington v. Redington, 3 Ridg. 106; see 165, 177, 178. {t) Rider v. Rider, 10 Ves. 360 ; see 368 ; Benbow v. Townsend, 1 M. A; K. 506. lu\ Groves v. Groves, 3 Y. & J. 172, per Alexander, C. B. \v) Groves v. Groves, 3 Y. & J. 163. \iv) Delane v. Delane, 7 B. P. C. 279 ; and see Groves v. Groves, 3 Y. & J. 172. (z) Dyer v. Dyer, 2 Cox, 93 ; S. C. 1 Watk. Cop. 219, per Eyre, C. B.; Grey v. Grey, 2 Sw. 597 ; S. C. Finch. 340, per Lord Nottingham ; Sidmouth v. Sidmouth, 2 Beav. 454; per Lord Langdale ; Redington v. Redington, 3 Ridg. 176, per Lord Loughborough ; Christy v. Courteuay, 13 Beav. 96 ; Elliot v. Elliot, 2 Ch. Ca. 231, agreed; Bedvrell v. Froome, cited 2 Cox, 97, and 1 Watk. Cop. 224, per Sir T. Sewell ; Goodwright v. Hodges, 1 Watk. Cop. 228, per Lord Mansfield ; Pole v. Pole, 1 Ves. 76, per Lord Hardwicke ; Lamplugh v. Lamplugh, 1 P. W. Ill, 2d point; Woodman v. Morrel, 2 Freem. 33, per Cur.; Murless v. Franklin, 1 Sw. 17, 18, per Lord Eldon ; Finch v. Finch, 15 Ves. 50, joer eundcm ; Fearne's P. W. 327, &c. {y) Grey v. Grey, 2 Sw. 598. February, 1858. — 15 222 LEWIN ox THE LAW OF TRUSTS, ETC. r*onQ-i predominant, that those acts which would imply a *trust in a [ -'^^J strano-er will not do so in a son; and, ergo^ the father who would check and control the appearance of nature, ought to provide for himself by some instrument or some clear proof of a declaration of trust, and not depend upon an implication of law. 2. " All the books are agreed on this point, that a feoffment to a strano-er without a consideration raised a use to the feoffor, but a feoff- ment to the son without other consideration raised no use by implication to the father, for the consideration of blood settled the use in the son, and make it an advancement. How can this court justify itself to the world if it should be so arbitrary as to make the law of trusts differ from the law of uses in the same case ? 3. " Again, as land can never lineally ascend, so neither shall the trust of land lineally ascend where it is left to the presumption of law ]{z) for the reason why laud doth not lineally ascend is, not, as my Lord Coke says, from natural philosophy, qxiia gravia deorsum, but from moral philosophy, quia amor dtscevdit non ascend it, and from divinity, because fathers are bound to provide for their children, but children do not provide for their fathers : therefore, when a father, according to his duty, has provided for his son, it were hard to take away that provision by a constructive trust." "The circumstance," said Lord Chief Earon Eyre, "of one or more of the nominees being a child or children of the purchaser, is held to operate by rchiitting the resulting trust ; and it has been determined in so many cases that the nominee being a child shall have such operation as a circibmstance of evidence, that it would be disturbing land-marks if we suffered either of these propositions to be called in question; — namely. That such circumstance shall rebut the resulting trust; and, That it shall do so as a circumstance of evidence. I think it would have been a more simple doctrine, if the children had been considered as purchasers for valuable consideration. This way of considering it would have shut out all the circumstances of evidence which have found their r^-^OQI ^^y ^^^^ many of *the cases, and would have prevented some L '^ -I very nice distinctions, and not very easy to be understood. Con- sidering it as a circumstance of evidence, there must, of course, be evi- dence admitted on the other side. Thus it was resolved into a question of intent, which was getting into a very wide sea without very certain guides."(a) The difficulties arising from the light in which the question has been thus viewed will amply appear from the numerous refined distinctions upon which the court from time to time has been called upon to adjudi- cate. 1. A distinction was formerly taken where the child was an infant ;(h) for a parent, it was said, could scarcely have intended to bestow a sepa- rate and independent provision upon one utterly incapable of undertaking (2) This ground for the doctrine no longer exists — since the father, under the late Inheritance Act, takes next after brothers and sisters. (a) Dyer v. Dyer, 2 Cox, 94 ; S. C. 1 Walk. Cop. 218. (6) 2 Freem. 128, c. 151 ; and see Binion v. Stone, id. 169: S. C. Nels. 68. OF RESULTING TRUSTS. 223 the management of it. But still more improbable was the supposition that an infant should have been selected as a trustee,(f) and accordingly the notion has long since been overruled ;(t?) nay, the infancy of the child is now looked upon as a circumstance particularly favourable. (e) 2. It was objected, that a reversionary/ estate, from the uncertainty of the time when it would fall into possession, was not such a kind of inte- rest as a parent would prudently purchase by way of provision for a child; but mere proximity or remoteness of the enjoyment, whether the reversion be expectant on the decease of the parent or a stranger, has since been held clearly insufficient to countervail the general rule.(/) 3. A purchase in the Joint names of the father and son has met with objections ; " for this," observes Lord Hardwick, " does not answer the purpose of an advancement, as it entitles the father to the possession of the whole till a division, and to a moiety absolutely even after a division, besides the father's *taking a chance to himself of being a sur- p^^, „ vivor of the other moiety : nay, if the sou die during his minor- L " J ity, the father would be entitled to the whole by survivorship, and the son could not prevent it by severance, he being an infant."(^) But surely no improvidence can be justly charged on a parent who so settles his estate, that if the son die a minor it shall revert to himself; that until the marriage of the son or other pressing occasion, the father and son shall possess an equal interest during their joint lives, with the right of survivorship as to the whole ; that the son shall have the power, when necessary, of settling one moiety of the estate, but shall leave the other moiety to his parent. Whatever opinion may be entertained as to the principle, the doubts above expressed by Lord Hardwicke can scarcely be maintained in opposition to repeated decisions. (/i) A purchase in the joint names of the son and a stranger is less favorable to the supposition of an intended advancement ;(i) but even here the right of the child is now indisputably established.^^) However, the advancement cannot be more extensive than the legal estate in the child ^(Pj and therefore the stranger, quatemts the legal estate vested in him, must hold upon trust for the father. («i) 4. It is the custom, in many manors, to make grants for lives succes- sive. Should a father pay the fine upon a grant to himself and his two sons, shall this be held an advancement or a trust ? Upon the difficulty of this case. Lord Chief Baron Eyre has remarked, "When the lessees (c) See supra, p. 39. {d) Lamplugh v. LampluEch, 1 P. W. Ill ; Lady Gorge's case, cited 2 Sw. 600 ; Skeats v. Skeats, 2 Y. & C. Ch. Ca. 9 ; Christy v. Courtenay, 13 Beav. 96 ; Collin- son V. CoUinson, 3 De G. M. & G. 403 ; Mumma v. Mumrna, 2 Vera. 19 ; Finch V. Finch, 15 Ves. 43, &c. (e) Fearne's P. W. 327. (/) RumboU v. Rumboll, 2 Ed. 17, per Lord Henley; Finch v. Finch, 15 Ves. 43 ; Murless v. Franklin, 1 Sw. 13. {g) Stileman v. Ashdown, 2 Atk. 480 ; and see Pole v. Pole, 1 Ves. 76. {h) Scroope v. Scroope, 1 Ch. Ca. 27; Back v. Andrews, 2 Vern. 120; Grey v. Grey, 2 Sw. 599, and cases there cited. (i) See Hayes v. Kingdonie, 1 Vern. 34. {k) Lamplugh v. Lamplugh, 1 P. "W. Ill; Kingdome v. Bridges, 2 Vern. 67. (l) See Rumboll v. Rumboll, 1 Ed. 17. {m) See Kingdome v. Bridges, 2 Vern. 67; Lamplugh v. Lamplugh, 1 P. W. 112, 094 LEWIN OX THE LAW OF TKUSTS, ETC. are to take snccessivh, it is said, that as the father cannot take the whole in his name, but must insert other names in the lease, then the children shall be trustees for the father. And to be sure, if the circumstance of the child being the nominee is not decisive the other way, there is a great deal of weight in this observation. There may be many prudential rea- \-.-, sons for putting in the life *of a child in preference to any other L ^ J person ; and if in that case it is to be collected from circum- stances whether an advancement was meant, it will be difl&cult to find such as will support that idea. To be sure, taking the estate in the name of a child, which the father might have taken in his own, affords a strong ar<^umeDt of such an intent ; but where the estate must necessarily be taken to him in succession, the inference is very different. "(71) And in accordance with this reasoning was decided the case of Dickinson v. Shaw -Jo) but in Dyer v. Dyer(p) the notion was overruled, as savouring too much of refinement ; and so at the present day it must be considered as settled. (5) 5. It may happen, that the child in whose name the purchase is taken may have been already provided for, a circumstance of very considerable weight in rebutting the presumption of further advancement. "The rule of equity," said Lord Chief Baron Eyre, " as recognized in other cases, is, that the father is the only judge on the question of a son's pro- vision, and therefore the distinction of the son being provided for or not is not very solidly taken. "(/•) However, the distinction has been relied upon in several cases, fs) and has been repeatedly recognised by the high- est authorities. (?) At the same time, it must be noticed that the prior advancement of the child has always been accompanied with some addi- tional circumstance that tended to strengthen the presumption that no further provision was designed )(u\ and Lord Loughborough laid down the general rule to be, that a purchase made by a father in the name of a son, already fully advanced and established by him, not urns, but might be a trust for the father. (r) r*9191 ^^^ '^^ ^^^^ ^y Lord Chief Baron Gilbert, that "if a father '-"'"'-' purchase in the name of a son iclio is of full age, v:liich hy our law is an emancipation out of the pioxoer of the father there if the father take the profits, &c., the son is a trustee for the father."(?i') But for this opinion there appears to be not the slightest ground. (x) The provision must exist not by a fiction of law but hona fide and substantially; as, (n) Dyer v. Dyer, 2 Cox, 95 ; S. C. 1 Watk. Cop. 221. (0) Cited 2 Cox, 95 ; 1 Watk. Cop. 221. [p) 2 Cox, 92 ; 1 Watk. Cop. 216. [q) Swift T. Davis, 8 East, 354, note (a) ; Fearne's P. W. 327 ; Skeats v. Skeats, 2 Y. & C. Ch. Ca. 9. [r) Dyer v. Dyer, 2 Cox, 94 ; S. C. 1 Watk. Cop. 220. («) Elliot V. Elliot, 2 Ch. Ca. 231 ; Pole v. Pole, 1 Yes. 76. [t) See Grey v. Grey, 2 Sw. 600 ; S. C. Finch, 341 ; Lovd v. Read, 1 P. W. 608; Redington v. Redington, 3 Ridg. 190 ; Gilb. Lex Prat. 271. (m) Pole V. Pole, Elliot v. Elliot, ubi supra ; and see Grey v. Grey, 2 Sw. 600 ; Gilb. Lex Prfet. 271. {v) Redington v. Redington, 3 Ridg. 190 ; and see Sidmouth v. Sidmouth, 2 Beav. 456. (w) Lex Prset. 271. (x) In Grey v. Grey, (ubi supra), for instance, the son was of age. OF RESULTING TRUSTS. 225 said Lord Nottingham, " if the son be married in his father's lifetime, and with his father's consent, and a settlement be thereupon made, whereby the son appears to be fully advanced, and in a manner emanci- pated. "(y) A provision in part will not have the effect of rebutting the presumption of advancement ;{£) and the settlement of a reversionary estate upon the son will not be deemed a provision, for he might starve before it fell into possession. (a) 6. Suppose the father continues, after the purchase, in the perception of the rents and profits, and exerts other acts of ownership, then, if the son be an infant, it is said, as the parent is the natural guardian of the child, the perception of the profits or other exercise of dominion shall be referred to that ground, and the right of the son shall not be prejudiced, and so in numerous cases the point has been adjudged ;{h\ and it will not vary the ease if the son sign receipts in the name of the father, for during his minority he could give no other receipts that would discharge the tenants who hold by lease from the father. (c) Lord Chief Baron Eyre has expressed himself dissatisfied with this reasoning in reference to the guardianship, and puts the question, <' If the father take the rents as guardian of his son, would the court sustain a bill by the son against the father for these rents ? He should think it pretty difiicult to succeed in such a bill." (t?) Lord Nottingham has referred *the decisions r*9-|qn to a higher ground. " Some," he said, " have taken the differ- L "^ J ence, that where the fiither has colour to receive the rents as guardian, there perception of profits is no evidence of a trust : otherwise it would be if the perception of profits were without any such colour. Plainly the reason of the resolutions stands not upon the guardianship, but upon the presumptive advancement, for a purchase in the name of an infant stranger with perception of profits, &c., will be evidence of a trust. "(e) 7. Suppose the father purchases in the name of a son who is adult, and then, without contradiction from the son, takes the rents and profits, and exerts other acts of ownership ; even here it has been determined the right of the son will prevail. A stronger instance can hardly be con- ceived than occurred in the very leading case of Grey v. Grey,(/) before Lord Nottingham. We have his lordship's own manuscript of this case, and the circumstances are thus stated: — '^The evidence to prove this purchase in the name of the son to be a trust for the father consists of, 1st, father possessed the money; 2dly, received the profits twenty years; odly, made leases; 4thly, took fines; 5thly, enclosed part in a park; 6thly, built much ; 7thly, provided materials for more ; Sthly, directed Lord Chief Justice North to draw a settlement ; 9thly, treated about the (y) Grey v. Grey, 2 Sw. 600. {z) lb.; Redington v. Redington, 3 Ridg. 190. [a) Lamplugh v. Lamplugb, 1 P. "W. 111. \b) Gorge's case, cited Cro. Car. 550, and 2 Sw. 600 ; Mumma v. Mumma, 2 Vern. 19; Taylor v. Taylor, 2 Atk. 386; Lamplugh v. Lamplugh, 1 P. W. Ill; aud see Stileman v. Ashdown, 2 Atk. 480 ; Loyd v. Read, 1 P. W. 608 ; Christy V. Courtenay, 13 Bear. 96. (c) Taylor v. Taylor, 1 Atk. 336. {d) Dyer v. Dyer, 2 Cox, 94; S. C. 1 Watk. 220. (e) Grey v. Grey, 2 Sw. 600. (/) 2 Sw. 594; Finch, 333. 226 LEWIN ON THE LAW OF TRUSTS, ETC. sale of it :"((/) yet for all this, it was decided, after long and mature deliberation, that the consideration of blood and affection was so predo- minant, that the father's perception of rents and profits, or making leases, or the like acts, which the son, in good manners, did not contradict, could not countervail it.(7i)' The propriety of this decision, upon prin- ciple independently of authority, has been called into question. " Admit- ting,'' it is said, " that they are subsequent acts, whereas the intention of the father in taking the purchase in the son's name must be proved by concomitant acts, yet they are pretty strong acts of ownership, and assert the right, and coincide with the possession and enjoyment."(Q *It might perhaps be successfully contended, that Lord Notting- L "^ J ham's determination was founded upon the more enlarged view of the subject in respect even of j)rtnc*)j)?e; however, the point must at the present day be considered as settled at least upon authority, if any point can be considered as settled after repeated decisions. (Z:) The advancement of the son is a mere question of intention, and there- fore facts antecedent to or contemjxjraneous icith the purchase,(^) or so immediately/ afferii as to constitute part of the same transaction,(?rt) may properly be put in evidence for the purpose of rebutting the presumption. Thus it will not be held an advancement, if, on a grant of copyholds to a father and his son for their lives sxiccessive, the father at the same court surrender the copyholds to the use of his will,(«) or obtain a license from the lord to lease for years,(o) or take possession by some overt act immediately consequential upon the purchase. (7)) So the father may prove a parol declaration of trust by himself, either before or at the time of the purchase, not that it operates by way of de- claration of trust (for the Statute of Frauds would interfere to prevent it ;) but as the trust would result to the father, were it not rebutted by the sonship as a circumstance of evidence, the father may counteract that circumstance by the evidence arising from his parol declaration. l-^_^- *0f course the father cannot defeat the advancement by any L J subsequent declaration of his intention. (§') (g) 2 Sw. 596. (A) See 2 Sw. 599. (i) Dyer v. Dyer, 2 Cox, 95 ; S. C. 1 Walk. Cop. 220. (k) Woodman v. Morrel, 2 Freem. 32, reversed on the re-hearing (see note by Hoveuden) ; Shales v. Shales, ib 252 ; Sidmouth v. Sidmouth, 2 Beav. 447 ; and see Elliot v. Elliot, 231 ; but see Loyd v. Read, 1 P. W. 607 ; Redington v. Red- ington, 3Ridg. 190; Murless v. Franklin, 1 Sw. 17 ; Scawin v. Scawin, 1 Y. & C. Ch. Ca. 65. (l) See Collinson v. CoUinson, 3 De Gex, Mac. & Gord. 409 ; Murless v. Frank- lin, 1 Sw. 17, 19; Sidmouth v. Sidmouth, 2 Beav. 447 ; Loyd v. Read, 1 P. W. 607 ; Taylor v. Alston, cited 2 Cox, 96, 1 Watk. Cop. 223 ; Redington v. Reding- ton, 3 Ridg. 177; Grey v. Grey, 2 Sw. 594; Rawleigh's case, cited Hard. 497; Baylis v. Newton, 2 Vern. 28 ; Shales v. Shales, 2 Freem. 252 ; Scawin v. Scawin, 1 Y. & C. Ch. Ca. 65 ; Christy v. Courtenay, 13 Beav. 96. (m) Redington v. Redington, 3 Ridg. 196, per Lord Loughborough. (n) Prankerd v. Prankerd, 1 S. & S. 1. (0) Swift v. Davis, 8 East, 354, note {a). {p) Lord Eldon could scarcely have meant more than this, when he observed, "Possession taken by the father at the time would amount to such evidence." Murless v. Franklin, 1 Sw. 17. (y) See Elliot v. Elliot, 2 Ch. Ca. 231 ; Finch v. Finch, 15 Ves. 51 ; Woodman v. Morrell, 2 Freem. 33 ; Birch v. Blagrave, Amb. 266 ; Gilb. Lex Prait. 271 ; Sid- OF RESULTING TRUSTS. 227 On the other hand, the son may produce parol evidence to prove the intention of advancement,(r) and a fortiori such evidence is admissible on his side, as it tends to support both the legal operation and equitable presumption of the instrument. ^s) And it seems the subsequent acts and declarations of the father may be used against him by the son, though they cannot be used in his favour, {t^ but the subsequent acts or decla- rations of the son cannot be used against him by the father ; for the ques- tion is, what did the father mean by the purchase ? Nothing, there- fore, that the son could do or say (short of a disclaimer) can alFect his interest, except, indeed, he was a party to the purchase, and his con- struction of the transaction may be taken as an index to the intention cf the father, (w) From the manner in which the court has disposed of the several dis- tinctions we have been considering, one general principle is to be extracted applicable to every case. " We think," said Chief Baron Eyre, " that reasons which partake of too great a degree of refinement should not pre- vail against a rule of property, which is so well established as to become a land-mark, and which, whether right or wrong, should be carried throughout j'Vz;) and Lord Eldon to the same eifect observed, <^ that the court in Dyer v. Dyer meant to establish this principle, that the purchase is an advancement prima facie, and in this sense, that this principle of law and presumption is not to be frittered away by mere refinements. '7?6j *The doctrine of advancement has been applied to the case of ^^^^ p-. even an illegitimate son ;{x\ for it is said the principle is, that a L " J father is under a moral duty to provide for his child, and as the obliga- tion extends to the case of an illegitimate child, he is equally entitled to the benefit of the presumption. (y) It has been said that the presumption is not so strong in favour of a daughter as of a son, because daughters are not generally provided for by a settlement of real estate •,(z\ but the distinction has been contradicted by more than one decision, and does not now exist. («) Advancement will be presumed in the case of a wife,(b'j and the presumption will be mouth T. Sidmouth, 2 Beav. 456 ; Skeats v. Skeats, 2 Y. & C. Ch. Ca. 9 ; Christy V. Courtenay, 13 Beav. 96. (r) Taylor v. Alston, cited 2 Cox, 96, 1 Watk. Cop. 223 ; Beckford v. Beckford, Lofft, 490. (s) See Taylor v. Taylor, 1 Atk. 386; Lamplugh v. Lamplugh, 1 P. W. 113 ; Redington v. Redington, 3 Ridg. 182, 195. (t) See Redington v. Redington, 3 Ridg. 195, 197; Sidmouth v. Sidmouth, 2 Beav. 455. (u) See Murless v. Franklin, 1 Sw. 20 ; Pole v. Pole, 1 Ves. 76 ; but see Sid- mouth V. Sidmouth, 2 Beav. 455 ; Scawin v. Scawin, 1 Y. & C. Ch. Ca. 65. (v) 2 Cox, 98 ; 1 Watk. Cop. 226. (w) Finch t. Finch, 15 Ves. 50. (x) Beckford v. Beckford, Lofift, 490 ; Fearne's P. W. 327. (y) See Fonb. Eq. Tr. 123, note {i), 4th ed. (z) Gilb. Lex Prset. 272. (a) Lady Gorge's case, cited Cro. Car. 550, 2 Sw. 600 ; Jennings v. Selleck, 1 Vern. 467; and see Woodman v. Morrel, 2 Freem. 33; Clarke v. Danvers, 1 Ch. Ca. 310. (b) Kingdome v. Bridges, 2 Vern. 67 ; Christ's Hospital v. Budgin, id. 683 ; Back V. Andrews, id. 120 ; Glaister v. Hewer, 8 Ves. 199, per Sir W. Grant ; Rider V. Kidder, 10 Ves. 367, per Lord Eldon ; Gilb. Lex Pra?t. 272. 228 LEWIN 0^- THE LAW OF TRUSTS, ETC. tlie same where the purchase is made in the name of a grand-child,(c) of a nephew,(cZ) and, it is conceived, even of a stranger in blood,(e) towards whom the person purchasing has placed himself " i'/i loco parentis." Where the purchase is held to be an advancement, and the purchase- money has not been paid, it will be a charge on the father's assets as an ordinary debt.(/) Of course the doctrine of advancement applies to personal as well as real estate; as where a father purchases stock in the name of his son. ((7) In a recent case, where moneys were lent out in the name of a person who was both son and solicitor of the owner of the sums lent, it was held that the particular relation of solicitor prevented the application of the general rule. (A) [*217] *CHAPTER IX. OF CONSTRUCTIVE TRUSTS. A constructive trust is raised by a court of eqhity, wherever a person, clothed icith a fidxiciary character, gains some ^^ersonal advantage hy availing himself of his situation as trustee ;{^i^ for as it is impossible a trustee should be allowed to make a profit by his office, it follows, that so soon as the advantage in question is shown to have been acquired through the medium of the trust, the trustee, however good a legal title he may have, will be decreed in equity to hold for the benefit of his ces- tui que trust. The most common instance of a constructive trust occurs in the renewal of leases ; the rule beiijg, that if a trustee,(Z:) or executor,^ or even an executor de son tort,{ni\ renew a lease in his own name, he will (c) Ebrand v. Dancer, 2 Ch. Ca. 26 ; and see Lojd v. Read, 1 P. W. 607 ; Cur- rant V. Jago, 1 Coll. 2G5, note (c). (d) Currant v. Jago, 1 Coll. 261. (e) See the analogous class of cases in reference to double portions, Powys v. Mansfield, 3 M. & Cr. 359, &c. (/) Redington v. Redington, 3 Ridg. 106, see 200. {g) Sidmouth v. Sidmouth, 2 Beav. 447. \h) Garrett \. Wilkinson, 2 De Gex & Sm. 244. (j) As to the meaning of the term " constructive trust,"' and the branch of such trusts, reserved for description in a later chapter, see page 140, supra, and page 228, infra. [k) Griffin v. Griffin, 1 Sch. & Lef. 354, per Lord Redesdale ; Pickering v. Vowles, 1 B. C. C. 198, per Lord Thurlow; Pierson v. Shore, 1 Atk. 480, per Lord Hard- •wicke ; Nesbitt v. Trcdennick, 1 B. & B. 46, per Lord Manners ; Turner v. Hill, 11 Sim. 13, per Sir L. Shadwell. {I) Walley v. Whalley, 1 Vern. 484 ; Holt v. Holt, 1 Ch. Ca. 190 : Abney v. Miller, 2 Atk. 597, per Lord Hardwicke; Killick v. Flexney, 4 B. C. C. 161 ; Pickering v. Vowles, 1 B. C. C. 198, per Lord Thurlow; Luckin v. Rushworth, Finch. 392; Anon. 2 Ch. Ca. 207 ; and see Mulvany v. Dillon, 1 B. & B. 409 ; Fosbrooke v. Balguy, 1 M. & K. 226 ; Owen v. Williams, Amb. 734 ; Nesbitt v. Tredennick, 1 B. & B. 40, perXord Manners. (m) Mulvany v. Dillon, 1 B. & B. 409. OF CONSTRUCTIVE TRUSTS. 229 be deemed in equity to be a trustee for those interested in the original term. The leading authority upon this subject is Sandford v. Keech, com- monly called the Rumford Market Case.(?ft) A lessee of the profits of a market had devised to a trustee for an infant, and the trustee applied for a renewal on behalf of the infant, which was refused, on the ground that there could *be no distress of the profits of a market, but j-^.^.. o-j the remedy must rest singly in covenant, of which an infant was L " J incapable. Upon this the trustee took a lease for the benefit of himself; but Lord King said, " I must consider this a trust for the infant ; for I very well see, if a trustee, on the refusal to renew, might have a lease to himself, few trust estates would be renewed to cestui que use. Though I do not say there is fraud in this case, yet he should rather have let it run out than have had the lease to himself. This may seem hard, that the trustee is the only person of all mankind who might not have the lease, but it is very proper that rule should be strictly pursued, and not in the least relaxed ; for it is very obvious what would be the consequence of letting trustees have the lease on refusal to renew to ces- tui que use." And so decreed that the lease should be assigned to the infant. Upon the same principle, if a person possessing only a partial interest in a lease, as a tenant for life(?i) (though with an absolute power of appointment, but which he does not exercise,)^©^ a mortgagee, (p) de- visee subject to debts and Iegacies(2') or to an anuuity,^?-^ a joint- tenant,(s) or partner,(^) renew the term upon his own account, he shall hold for the benefit of all parties interested in the old lease ; for in con- sideration of equity the subject of the settlement is not only the lease, but also the right of renewal ; and no person taking only a limited interest can avail himself of the situation in *which the settle- p^.^,p-. ment has placed him to obtain a disproportionate advantage in L "^ J derogation of the rights of other equal claimants. Even where a testator was possessed of leaseholds, and devised all his interest therein to A. for life, remainder to B., and the lease having expired in the testator's lifetime, he was at his death a mere yearly tenant, it was held that A., having renewed the lease, must hold it upon (m) Sel. Ch. Ca. 61. (w) Eyre v. Dolphin, 2 B. & B. 290 ; Rawe v. Chichester, Amb. Ylo; Coppin v. Fernyhough, 2 B. C. C. 291; Pickering v. Vowles, 1 B. C. C. 197; Taster v. Mar- riott, Amb. 668; Owen v. Williams, id. T34; James v. Dean, 11 Ves. 383; S. C. 15 Ves. 236; Kempton v. Packman, cited 7 Ves. 176; Giddings v. Giddings, 3 Russ. 241 ; Nesbitt v. Tredennick, 1 B. & B. 46, per Lord Manners ; Crop v. Norton, 9 Mod. 233 ; Buckley v. Lananze. LI. & G. Rep. t. Plunket, 327 ; Tanner v. Elwor- thy, 4 Beav. 487 ; Waters v. Bailey, 2 Y. & C. Ch. Ca. 219. (o) Brookman v. Hales, 2 V. & B. 45. (p) Rushworth's case, Freem. 13; Nesbitt v. Tredennick, 1 B. & B. 4G, per Lord Manners. (g) Jackson t. Welsh, LI. & G. Rep. t. Plunket, 346. (r) Winslow v. Tighe, 2 B. & B. 195; Stubbs v. Roth, id. 548; and see Webb V. Lugar, 2 Y. & C. 247 ; Jones v. Kearney, 1 Conn. & Laws. 34. (s) Palmer v. Young, 1 Vern. 276. (t) Featherstonhaugh v. Fenwick, 17 Ves. 298; Ex parte Grace, 1 Bos. & Pul. 376. 230 LEWIN ON THE LAW OF TRUSTS, ETC. the limitations of the will, for the yearly tenancy was an interest capable of transmission by devise ; and the tenant for life could not, by acting upon the good-will that accompanied the possession, get the exclusive benefit of a more durable term,(M) But if a person devise a lease in strict settlement, and the lease expire in his lifetime, and at the time of his death he is merely tenant at will, or at sufferance, then, if the executor renew, he is not a trustee for the devisees, for as there was no interest upon which the will could operate, there was, in fact, no devise. (y) And so, where a testator possessed leaseholds for years, and was in possession of other lands without title under the mistaken impression that they were contained in the lease, and devised the lands he held upon lease to A., his executrix, for life, with remainder over, and A. obtained a lease of the lands not passed by the will; it was ruled that no trust attached upon the term in favour of the remainderman. (w) But although the devisees cannot claim in these cases, the executor himself will not be allowed to keep the beneficial interest. " The question," said Lord Eldon, '' is new, whether an exe- cutrix, dealing with the opportunities which she derives by her succes- sion, without title to the estate (which) a tenant by sufferance or at will had held, is a trustee, for the devisee, who cannot say he took an interest under the will, or whether it is to be said only that the advantage she made of those opportunities should be for the general estate. The result is this : I think it is impossible she could hold it for herself. Supposing r*2201 ^'^°*''^^^ person, not the executrix, was residuary legatee, the L """ J ^question I should think, would be in favour of that residuary legatee, (the renewal) being a casual advantage from the dealing of the executrix." (j:) Neither can an agent,(?/) or other person acting under the authority of a trustee, executor or tenant for life, renew for his own benefit ; for '' there is nothing," said Lord Hardwicke, " the court has more adhered to than that, if the tenant, or any person claiming from the tenant, apply to renew, whether the new lease be granted to the same person or any other, if the lessee in the new take in the right of him who ivas the oicner of the old lease, he must take subject to all the equity to which the ori- ginal lessee was liable."(^;) And if, instead of taking a renewal himself, the trustee, executor, or tenant for life, dispose of the right of renewal for a valuable considera- tion, the purchase-money will be subjected in equity to the trusts of the settlement; for if a person cannot appropriate the renewal to himself, the court will not suffer him to sell.fa) And in the preceding cases the rule of equity will not be varied, (m) James v. Dean, 11 Ves. 383 ; S. G. 15 Yes. 236. M See James v. Dean, 11 Ves. 391, 392. [w) Rawe v. Chichester, Amb. 715. {x) James v. Dean, 11 Ves. 392, per Lord Eldon. In Rawe v. Chichester, ubi supra, the executrix was also residuary legatee. Twiul ^"^'^■T; ^"'^''' ^ ^''^- ^ ^^^- ^^3 fand see Edwards v. Lewis, 3 Atk. 538 ; Mulvany v. Dillon, 1 B. & B. 417. [z) Edwards v. Lewis, 3 Atk. 538. (a) Owen v. Williams, Amb. 734. OF CONSTRrCTIVE TRUSTS. 231 because the lease bad not customarily been renewed,(Z/) or the period of the old lease had actually expired, (c) or the renewal was for a different term, or at a different rent,(f?) or instead of a chattel lease, was for lives, (e) or other lauds were demised not comprised in the original lease,(/) or the landlord refused to renew with the cestui qtie triist,((j) or the co-trustees refused to concur in a renewal for the cestui' s que trust benefit,(7i) *or the lessee, having purchased the immediate rever- r*221"| sion, took the renewal from the superior landlord. (j) L But where a lessee of lands in Ireland charged a lease with a jointure, and then mortgaged it to Newcomen, and again to Nesbitt, and after- ward the rent falling in arrear, the landlord recovered possession upon ejectment, and the lessee allowed six months, (the period of redemption by the lessee fixed by the statute) to pass without tendering the rent, fines, and costs, and Nesbitt (who, as mortgagee, had three months longer to redeem under the statute,) sent notice to the lessee that he would not redeem ; but that if the lessee himself did not proceed, he should make the best bargain he could with the landlord, and then offered to take a new lease, to commence from the expiration of the three months, with a proviso, that if any other of the parties interested should make a lodg- ment before that time, the agreement should be void ; it was decided by Lord Manners that the lease which was afterwards granted to the mort- gagee was not bound by any trust for the mortgagor. " The principle," said his lordship, " to be extracted from all the authorities amounts to this, — that whenever a mortgagee, executor, trustee, or tenant for life, gets an advantage, either by being in possession, or behind the back of the party mortgagor, cestui que trust, or remainderman, he shall not re- tain the same for his own benefit, but hold it in trust, — the new lease, in any of those cases, will be considered as a graft upon the old one. Here there is full notice given by the mortgagee that he will not redeem, and he gives his reasons for it; he does not go behind the back of the mortgagor, nor is he in possession, nor does he use any means of getting to himself an advantage which belongs to another; and he cannot, as I apprehend, be brought within the principles of those cases by which in taking a new lease he becomes clothed with a trust. In all the eases upon this subject, the party by being in possession obtained the renewal, or it was done behind the back, or by some contrivance, or in fraud, of those who were interested in the old lease, and there was either a rem- nant of the old lease, or a tenant-right of renewal, on which the new lease could be ^ingrafted. Here no part of Nesbitt's conduct p222"| shows a contrivance ; nor was he in possession. All that Nesbitt (b) See Featherstonhaugh v. Fenwick, 17 Ves. 298 ; Mulvauy v. Dillon, 1 B. & B. 409; Eyre v. Dolphin, 2 B. & B. 290 ; Killick v. Flexney, 4 B. C. G. 161. (c) Edwards v. Lewis, 2 Atk. 538, per Lord Hardwicke. (rf) Mulvany v. Dillon, 1 B. & B. 409; James v. Dean, 7 Ves. 383 ; S. C. 15 Ves. 236, &c. (e) Eyre v. Dolphin, 2 B. & B. 299. (/) Giddiugs v. Giddings, 3 Russ. 241. But the lease of the additional lands ■will not be a graft, Acheson v. Fair, 2 Conn. & Laws. 208. Iff) Keech v. Sandford, Sel. Ch. Ca. 61; Griffin r. Griffin. 1 Sch. & Lef. 353. (A) Blewett v. Millett, 7 B. P. C. 3G7. (i) Giddings v. Giddings, 3 Russ. 241. 232 LEWIN ON THE LAW OF TRUSTS, ETC. treated for was a new lease, giving, however, full opportunity to the lessee to dispose of his interest, or to renew, if he was enabled to do so. It was urged, that a court of equity will relieve against penalties and forfeitures ; but those are cases of contract and introduced by the acts of the parties themselves, not where a forfeiture arises under the provi- sion of an act of parliament, and where the lessee has so totally forfeited his interest as not to be relievable either in law or in equity." And his lordship appears to have determined the case upon the general princi- ple; for he observed, in conclusion, <^But I have no occasion to touch upon the act of parliament. "(A-) A trustee or executor who has renewed a lease has a lien upon the estate for the costs and expenses of the renewal, with interest ;[/) and where lands are taken under the new lease that were not comprised in the original lease^ the court will apportion the expenses according to the value of the respective lands. (??i) The trustee will also be allowed for money subsequently laid out in lasting improvements,(?i) though made duiiug the suit for recovering the lease. (o) In the case of a renewal by tenant for life, if he put in his own life, he of course can have no claim to reimbursement,(p) but if he put in the life of another, the expenses will be apportioned at the death of the tenant for life according to the time of his actual enjoyment of the re- newed interest ;((/) and he will be a creditor on the estate for the appor- tionment, though the remaindermen be his own children, who resist the claim on on the ground of advancement. (;•) r*99«n ^^ t^*^ ^^^^ of ^ testator devising all his interest in leaseholds L ■'"' J *subject to an annuity, the question of the annuitant's contribu- tion has been differently regarded by different judges. In Maxwell v. Ashe(s) Sir John Strange decided that the annuitant was 7iot bound to contribute. In Moody v. Matthews,(A where a feme sold an annuity to A. for his life, out of tithes held by her upon lease, and covenanted to pay the annuity, and that the tithes should continue subject to it during the life of A., and the feme married and died, and the husband, who took the term by survivorship, renewed at his own expense. Sir W. Grant determined that the annuitant was not to be called upon to contri- bute, for that would be to make him pay the consideration twice, and he said the case of Maxwell v. Ashe was decisive. On the other hand, it was ruled by Lord Manners, in the case of a will, that the annuitant must contribute in proportion to his interest in the property ; for though (k) Nesbitt T. Tredennick, 1 B. & B. 29. {I) Holt V. Holt, 1 Ch. Ca. 190; Rawe v. Chichester, Amb. 715, see T20; Coppin v. Fernyhough, 2 B. C. C. 291 ; Lawrence v. Maggs, 1 Ed. 453 ; Pickering v. Vowles, 1 B. C. C. 197 ; James v. Dean, 11 Yes. 383 ; Kempton v. Packman, cited 7 Ves. 176. ,11 {m) Giddings v. Giddings, 3 Russ. 241. («) Holt V. Holt, Lawrence v. Maggs, ubi supra, (o) Wallej V. Whalley, 1 Vern. 484. (;;) Lawrence v. Maggs, 1 Ed. 453. (q) See infra. (r) Lawrence v. Maggs, 1 Ed. 453. («) Maxwell v. Ashe, cited 7 Ves. 184. (0 7 Ves. 174; and see Jones v. Kearnev. 1 Conn. & Laws. 47; Thomas v. Burne, 1 Dru. cv- Walsh, 657. OF COX STRUG TIVE TRUSTS. 233 the testator had given no direction upon this point, it was incident to this sort of tenure. (?/) At the time of this decision his lordship was not aware of the cases before Sir J. Strange and Sir "W. Grant; but on a subsequent occasion, when the same point again rose before him, he ad- hered to the same opinion, notwithstanding the authority, for " all the legatees," he said, "appear to have been equally the objects of the testa- tor's favour. Could it have been his intention that one of them should alone bear the expense of the renewal, and that the others should receive the full amount of their annuities without any deduction ?"(w) In making the assignment to the cestui que trust the trustee will also be indemnified against the personal covenants which he entered into with ihe lessor ;(«') and on his own part must clear the lease of all incumbran- ces created by him, except under-leases at rack-rent Y.r) The trustee must also account to the cestui que trust for the j-^.^.^,., *mesne rents and profits which he has received from the estate,(^) L "' J and also for any sub-fines that may have been paid to him by under- lessees, (s) And the cestui, que trust, though the lease which was the ground of his equity has since actually expired, may still file a bill for an account of the rents and profits. (a) In the case of a renewal by tenant for life, the account will of course be restricted to the period since the tenant for life's decease. (i) The cestui que trxist may pursue his remedy not only against the original trustee, executor, or tenant for life, and volunteers claiming through them;(c) but also against a purchaser, with notice express or implied of the plaintiff's title •,{d\ and a purchaser will be deemed to have had notice if the lease assigned to him recited the surrender of a former lease which recited the surrender of a previous lease, in which mention was made of the settlement under which the cestui que trust claims ;(e) and the volunteer or purchaser with notice will not be helped by a fine levied, fy) or even by a release from the cestui que trust, if executed by him while in ignorance of the facts of the case.(^) However, a purcha- ser will stand in the place of his assignor in respect of any allowances for expenses incurred in the renewal. (A) A cestui que trust will be barred of his remedy if he be guilty of long acquiescence, as, it seems in one case, for a period of fifteen years. (/] {u) Winslow V. Tighe, 2 B. & B. 195. (r) Stubbs v. Roth, 2 B. & B. 548. {iv) Giddings v. Giddings, 3 Russ. 241 ; Keech v. Sandford, Sel. Ch. Ca. 61. {x) Bowles V. Stewart, 1 Sell. & Lef. 209, see 230. (y) Giddings v. Giddings, Keech y. Sandford, nbi supra ; Mulvany v. Dillon, 1 B. & B. 409; Walley v. Whalley, 1 Vern. 484; Lucken v. Rushworth, Finch, 392; Blewett V. Millett, 7 B. P. C. 367. {z) Rawe v. Chichester, Amb. 715, see 720. (a) Eyre v. Dolphin, 2 B. & B. 290. {b) James v. Dean, 11 Ves. 383, see 396 ; Giddings v. Giddings, 3 Russ. 241. (c) Bowles V. Stewart, 1 Sch. & Lef. 209 ; Eyre v. Dolphin, 2 B. & B. 290 ; Blewett V. Millett, 7 B. P. C. 367. {d) Coppin v. Fernyhough, 2 B. C. C. 291 ; Walley v. Whalloy, 1 Vern. 484 ; Eyre v. Dolphin, 2 B. & B. 290. (e) Coppin v. Fernyhough, ubi supra; Hodgkinson v. Cooper, 9 Beav. 304. (/) Bowles V. Stewart, 1 Sch. & Lef. 209. {g) S. C. {h) Coppin V. Fernyhough, 2 B. C. C. 291. (?) Isald V. Fitzgerald, cited Owen v. Williams, Amb. 735, 737; and see Norris V. Le Neve, 3 Atk. 38 ; Jackson v. Welsh, LI. & G. Rep. t. Plunket, 346. 234 LEWIN ON THE LAW OF TRUSTS, ETC. *If tlie trustee of a lease become the j^urcTiaser of the rever- [*225] ^^.^^^^ gjj. ^_ Qxant said, that, as he thereby intercepts and cuts off the chance of future renewals, and consequently makes use of his sit- uation to prejudice the interest of those who stand behind him, there mi"-ht be some sort of equity in a claim to have the reversion considered as a substitution for those interests, but his honor was not aware of any determination to that effect. (?) But where a lease had been held of a college, and, the corporation hav- ing- disposed of the reversion to a stranger, the trustee purchased of the alienee, his honor expressly decided that the parties interested in the original lease had no equity against the trustee, for the tenant-right of renewal with a public body was gone, and a lease at a rack-rent was all that could be expected from a private proprietor. (m) The principle upon which a court of equity establishes constructive trusts might be pursued into numerous other instances : as if a factor,(«) agent,(o) or other confidential person, acquire a pecuniary advantage to himself through the medium of his fiduciary character, he is accountable for those profits to his employer or other person whose interest he was bound to advance. So if a tenant for life commit equitable waste, he is a trustee of the proceeds for the benefit of the remainderman. (p) "The restraint upon the legal owner as to equitable waste," said Sir J. Leach, "is to be con- sidered as founded on a breach of that tnist and confidence which the devisor reposed in the tenant for life, that he would use his legal estate only for the purpose of fair enjoyment. It is a trust implied in equity from the subsequent limitations, and from the presumed intention of the testator that he meant an equal benefit to all in succession. "(5) r*-?9n *-A.gain, where A. contracted for the sale of^ja?'^ of his estate, L "^ J and the purchaser requiring a fine to be levied, B., who was A.'s attorney, and also his heir-apparent, advised a fine to be levied of the whole estate, whereby the will of the vendor was revoked, and the part not included in the sale descended to B. as heir-at-law, it was held that the devisee under the will could call upon B. as a trustee. (r) " Whether you meant fraud," said Lord Eldon, " whether you knew you were the heir-at-law of the testator or not, you have been wanting in what I conceive to be the duty of an attorney, if it happens that you get an advantage by that neglect, you shall not hold that advantage, but you shall be a trustee of the property for the benefit of that person who would have been entitled to it if you had known what as an attorney you ought (1) Randall v. Russell, 3 Mer. 197 ; and see Hardman v. Johnson, ib. 347 ; Nor- ris V. Le Meve, 2 Atk. 37 and 38 ; Lesley's case, 2 Freem. 52 ; Fosbrooke v. Bal- guy, 1 M. & K. 226 ; Giddings v. Giddings, 3 Russ. 241. (m) Randall v. Russell, 3 Mer. 190. (n) East India Company v. Henchman, 1 Ves. jun. 287 ; S. C. 8 B. P. C. 85. (0) Fawcett v. Whitehouse, 1 R. & M. 132; Hichens v. Congreve, ib. 150; Car- ter V. Home, 1 Eq. Ca. Ab. 7; Brookman v. Rothschild, 3 Simons, 153; Gillettv. Peppercorne, 3 Beav. 78 ; Bentley v. Craven, 18 Beav. 75. {p) Marquis of Ormonde v. Kynersley, 5 Mad. 369. (?) Ib. (r) Bulkly V. Wilford, 2 CI. & Fin. 177 ; S. C. 8 Bl. N. S. Ill ; and see Segrave V. Kirwan, Beat. 157. OF CONSTRUCTIVE TRUSTS. 235 to have known, and, not knowing it, you shall not take advantage of your own ignorance. It is too dangerous to the interests of mankind that those who are bound to advise, and who, being bound to advise, ought to be able to give sound and sufficient advice, to allow that they shall ever take advantage of their own ignorance, of their own professional ignorance, to the prejudice of others. "(s) An agent employed by a trustee is accountable to his principal only, and cannot as a constructive trustee be made responsible to the cesfuis que trust.{t\ But of course the rule does not apply where the agent has taken an actively fraiiduJent part, and so made himself a principal. (u) " It cannot be disputed," said Lord Langdale, <' that if the agent of a trustee, whether a corporate body or not, knowing that a breach of trust *is being committed, interferes and assists in that breach of trust, p:)-,-,.-,--, he is personably answerable, although he may be employed as the L "'" J agent of the person who directs him to commit that breach of trust. "(w) Thus, where a trust fund was lodged at a banker's and was headed as a trust account, and the surviving trustee became indebted to the bank, and with the concurrence of the bankers (who were cognizant of the trust, not only from the heading of the account, but also expressly, from cer- tain private transactions,) the trust fund was applied in discharge of the trustee's private debt ; the bankers could not protect themselves on the ground of mere agency, but were held responsible to the cestuisque trust for a breach of faith. (ti?) Under the head of constructive trusts may be mentioned the case of a settlement left in the hands of a person taking only a partial benefit under it as a tenant for life; where the other persons interested and claiming under the same title have a right to the fair use of the document, and the holder is deemed a trustee for them, and is bound to produce it at their request ;(x) and in one case it was ruled that if a person sell part of his estate and retain the title-deeds, though he may not have given a cove- nant for production, he is compellable to produce them as common pro- perty to the purchaser. (y) But in Barclay v. Kaine,(a.) Sir J. Leach seems to have doubted whether, if part be sold and the title-deeds be delivered to the purchaser, a future purchaser from him could be ordered, where there was no covenant for that purpose, to produce them to the (5) 2 CI. & Fin. 177. [t) Keane v. Robarts, 4 Mad. 332. see 356, 359 ; Davis v. Spurling, 1 R. & M. 64; S. C. Taml. 199; Crisp v. Sprauger, Nels. 109; Saville v. Tancred, 3 Sw. 141, note; Nickolsoa \. Kuowles, 5 Mad. 47; Myler v. Fitzpatrick, 6 Mad. 360; Fyler V. Fyler, 3 Beav. 550 ; Lockwood v. Abdy, 14 Sim. 437 ; and see Ex parte Burton, 3 Mont. D. & De Gex, 364 ; Re Bunting, 2 Ad. & Ell. 467. {u) See Fyler v. Fyler, 3 Beav. 550; Portlock v. Gardner, 1 Hare, 606; Ex parte Woodin, 3 Mont. D. & De G. 399 ; Attorney-General v. Corporation of Lei- cester, 7 Beav. 176; Paunell v. Hurley, 2 Coll. 241 ; Alleyne v. Darcy, 4 Ir. Ch. Rep. 199. {v) Attorney-General v. Corporation of Leicester, 7 Beav. 179. («;) Pannell v. Hurley, 2 Coll. 241 ; Bodenham v. Hoskyns, 2 De Gex, Mac. & Gord. 908. (x) Banbury v. Briscoe, 2 Ch. Ca. 42 ; Harrison v. Coppard, 2 Cox, 318 ; Shore v. CoUett, Coop. 234; Davis v. Dysart, 20 Beav. 405. {y) Fain v. Ayers, 2 S. & S. 533. \z) 1 S. & S. 449 ; see 7 Byth. by Jann. 375. 236 LEWIX ON THE LAVv' OF TRUSTS, ETC. owners of the other parts. The real property commissioners observe, that previously to this case it had been supposed, either that an original independent equity existed entitling any party interested in a deed to call for its production by any other person having the custody of it, or. at least that such an equity existed wherever the parties *requir- [*228] .^^ ^^g production claimed under a person who had taken the precaution^'to procure a covenant for that purpose, and the person hav- ing the actual custody of it derived that custody from or through a per- son who had entered into such a covenant ;(a) upon which Sir E. Sugden observes, that the rule in equity was never so universal as it is quoted in the first part of the above statement, but that the second branch, stating what at least the doctrine was, appears to be correct.(^) Constructive trusts are said also to arise where the trust estate is eon- verted by the trustee from one species of property into another ; and again, where the trust estate passes from the trustee into the hands of a volunteer, whether with or without notice, or of a purchaser for valuable consideration with notice ; but as these are cases rather of an existing trust continued and kept on foot than of a new trust created, the con- sideration of these topics will be reserved to a subsequent part of the treatise. In concluding the subject of trusts by operation of law, it may be pro- per to offer a few remarks on the wording of the Statute of Frauds. (c) By the eighth section it is enacted, that " where any convegance shall be made of any lands or tenements by which a trust or confidence shall or may arise or result hy the imjjUcation or ronsfniction of laic, or be trans- ferred or extinguished by an act or operation of law, then and in every such case such trust or confidence shall be of the like force and effect as the same would have been if that statute had not been made ; any thing thereinbefore contained to the contrary notwithstanding." Lord Hardwicke upon this clause observed, " I am now bound down by the Statute of Frauds to construe nothing a resulting trust but what are there called trusts by operation of law ; and what are those ? Why, First, when an estate is purchased in the name of one person but the money or consideration is given by another; or, Secondly, where a r*99qn *trust is declared only as to part, and nothing said as to the L "" J rest, in which case what remains undisposed of will result to the heir-at-law. I do not know any other instance besides these two, where the court has declared resulting trusts by operation of law, unless in cases of fraud, and where transactions have been carried on mala fide." {d^ But upon this opinion of Lord Hardwicke, Mr. Fonblanque has made the following just remarks : — '< This construction of the clause of the Statute of Frauds restrains it to such trusts as arise by operation of law, whereas it clearly extends to such as are raised by construction of courts of eqxdty ; as, in the case of an executor or guardian renewing a lease though with his own money, such renewal shall be deemed to be in trust for the person beneficially interested in the old lease. It is also observ- (a) 3rd Rep. (6) 2 Vend. & Purch. 11 Ed. 479, 480. (c) 29 Car. 2, c. 3. {d) Lloyd v. Spillet, 2 Atk. 150. OF CONSTRUCTIVE TRUSTS. 237 able, that the first instance stated by his lordship of a resulting trust is not so qualified as to let in the exceptions to which the general rule is subject, and the second instance is only applicable to a will, whereas the doctrine of resulting trusts is also applicable to conveyances." {e^ As to the latter part of this criticism it may be observed that while Atkyns makes Lord Hardwicke speak of a will only, Barnardiston, the other reporter, applies his lordship's observation to a convey ance.i^f^ It would thus appear that Lord Hardwicke in fact extended his remark to both a will and a conveyance. Both Lord Hardwicke and Mr. Fonblanque assume that the seventh or enacting clause embraces all trusts indiscriminately, and that such as arise by operation of law are only saved from the act by virtue of the subsequent exception contained in the eighth section ; but the language of the latter clause, that "where any conveyance shall be made of any lands or tenements by which a trust or confidence shall or may arise or result,^' &c. seems to have escaped observation ; for, unless conveyance be taken with great violence to the meaning of words to include a devise, it is clear that trusts resulting under a will are not reached by the terms of the saving. Nor is it easy to suppose that the legislature could mean to include a *devise ; for the fifth and sixth sections relate exclu- rs^^on-i sively to devises, and, had it fallen within the scope of the act to L *" J extend the eighth section to wills, it can scarcely be conceived that the proper and technical word should not necessarily have suggested itself. The question then arises, If resulting trusts upon a ^vill are not saved by the exception, how are they not aff"ected by force of the previous enact- ment? As the statute was directed against frauds and perjuries, it is obvious that resulting trusts were not within the mischief intended to be remedied. The aim of the legislature was, not to disturb such trusts as were raised by maxims of equity, and so could not open a door to fraud or perjury, but, by requiring the creation of trusts by jiarties to he mani- fested in writing, to prevent that fraud and perjury to which the admis- sion of parol testimony had hitherto given occasion. And the enactment itself is applicable only to this view of the subject; for the legislature could scarcely direct, that " all declarations or creations of trusts should be manifested and proved," &c., unless the trusts were in their nature capable of manifestation and proof; but, as resulting trusts are the eflfect of a rule of law, to prove them would be to instruct the court in its own principles, to certify to the judge how equity itself operates. The excep- tion could only have been inserted ex maj'ori cautela, that the extent of the enactment might not be left to implication. But why, it will be asked, are resulting trusts upon conveyances excepted, and not resulting trusts upon ^vills ? The only explanation that suggests itself is this : — The statute had spoken only of declarations or creations of trust, and by a will no resulting trust is or can be declared or created. If lands be devised to A. and his heirs upon trust to pay the testator's debts, the resulting trust of the surplus is no new declaration or creation ; the right construction is, that the testator has disposed of the legal estate to the (c) 2 Tr. Eq. IIG, note {a). (/) See Lloyd v. Spillet, Barn. 388. February, 1858. — 16 238 LEVriK ox TUE LAW OF TRUSTS, ETC. devisee, and of part of the equitable in favour of creditors ; but the resi- due of the equitable, tbousli said to result, lias in fact never been parted with but descends upon the heir-at-law as part of the original inheritance. In convei/anccs, however, this is not equally the case; for if a purchase be taken in the name of a third person, a trust which had no previous .. . ^^ existence arises upon the property in favour *of the real pur- [^-^^ chaser ; and so if a lease be renewed by a trustee, the equity which was annexed to the old term immediately fastens upon the new. Here, then, it is evident there is an actual creation of trust ; and, to obviate all doubts as to the operation of the enactment, resulting trusts arising out oi conveyances are expressly excepted. j-*232] *CH AFTER X. OP DISCLAIMER AND ACCEPTANCE OF THE TRUST. HA^^NCT treated of the creation of trusts, whether by the act of a party or by operation of law, we shall next direct our attention to the estate and office of the trustee, and, as a preliminary inquiry, we propose in the present chapter to offer a few remarks upon the subject of the trustee's disclaimer or acceptance of the trust. I . Of D iscla imer. It may be laid down as a clear and undisputed rule, that no one is com- pdlalle to undertake a trust.(a) " Though a person," said Lord Redes- dale, " may have agreed in the lifetime of a testator to accept the exe- cutorship, he is still at liberty to recede, except so far as his feelings may forbid it ; and it will be proper for him to do so, if he finds that his charge as executor is different from what he conceived it to be when he entered into the engagement. "(6) But there does not appear to be any instance in which, after accept- ance by the trustee, his Tieir has been allowed to disclaim ; and if the law permitted it, many instances would no doubt have occurred. The inconveniences of such a right of disclaimer would be great, as the legal estate would become vested in the crown. However, where the heir takes not strictly in that character, but as special occupant, he may exer- cise his discretion in accepting the estate or not.(c) P^gqq-i If the party named as trustee intend to decline the adminis- L -I tration *of the trust, he ought to execute a disclaimer without delay. There is no rule, however, that a trustee must execute a dis- claimer within any particular time : thus it will operate after an interval of sixteen years, if the interval can be so explained as to rebut the pre- fer) Robinson v. Pett, 3 P.TT. 251, per Lord Talbot ; Moyle v. Moyle, 2 R. & M. Tlo, per Lord Brougham ; Lowry v. Fulton, 9 Sim. 123. per Sir L. ShadweU. {b) Doyle v. Blake, 2 Sch. & Lef. 239. (c) Creagh v. Blood, 3 Jones & Lat. 170. OF DISCLAIMER AXD ACCEPTANCE OF TRUST. 239 sumption of bis having accepted the trust.^c/) But if he lie by for so long a time, it is for the jury to say whether it was not because he had assented to the devise ;(e) and where a trustee, knowing his appointment as trustee, has done nothing, but has not disclaimed, it will be presumed after a long lapse of time, as twenty years,(/) and a fortiori, after thirty- four years,(^) that he had accepted the trust ; and even where the deed was only four years old. Lord St. Leonards observed, '' that where an estate was vested in trustees who knew of their appointment and did not object at the time, they would not be allowed afterwards to say they did not assent to the conveyance, and it would require some strong act to induce the court to hold that in such a case the estate was divested. He spoke," he said, " with respect to the effect upon third parties ; ever^- court and every jury would presume an assent."(/i) The disclaimer should be by deed, for a deed is clear evidence and admits of no ambiguity ;(i) and the instrument should be a disclaimer and not a conveyance, for the latter, as it transmits the estate, has been held to imply a previous acceptance of the office ;(Z;) but Lord Eldon expressed his opinion, that, where the intention was disclaimer, the instrument ought to receive that construction, though it was a convey- ance in form.0 If an executor of an executor take upon him the administra- r:}:9q i-i tion *of the goods of the first testator, he cannot refuse the L ~ J administration of the goods of the latter ; for, it is only through the medium of the latter testator that he can reach the executorship of the former. And although it was formerly thought that an executor might renounce probate of the original testator, and at the same time or subse- quently prove the will of the immediate testator, fjji) yet the practice has now been settled to the conti'ary.(?i) Suppose a trustee of two distinct settlements created at different times and wholly independent of each other were to devise all his trust estates to the same person, could such person accept one estate, and disclaim the other ? It would probably be held, that he might ; but he should lose no time in manifesting his intention, for should he act as owner of one estate and not expressly disclaim the other, the law would presume him to have accepted both. If a person be nominated a trustee in a will and also take a benefit {d) Doe V. Harris, 16 M. & W. 517 ; and see Noble t. Meymott, 14 Bear. 471. (e) See Doe v. Harris, 16 M. & W. 522. (/) In re Uuiaeke, 1 Joues &Lat. 1. [g) In re Needbam, 1 Joues & Lat. 34. (A) Wise T. Wise, 2 Jones & Lat. 403 ; see 412. [i) Stacey v. Elpb, 1 M. k K. 199, per Sir J. Leach. (k) Crewe v. Dicken, 4 Yes. 97 ; and see Urcb v. Walker, 3 M. & C. 702. (Z) Nicloson v. Wordsworth, 2 Sw. 372. In Attorney-General v. Doyley, 2 Eq. Ca. Ab. 194, the trustee who declined to act was directed to convey, and the same decree was made in Hussey v. Markham, Rep. t. Finch, 258. In Sharp v. Sharp, 2 B. & A. 405, it was held the trustees had not acted, though they had conveyed the estate instead of disclaiming. See Urch v. Walker, 3 M. & C. 702 ; Richardson v. Hulbert, 1 Anst. 65. [m) Shepp. Touch, by Preston, 464 ; Wankford v. Wankford, Freem. 520 ; Hayton v. Wolfe, Cro. Jac. 614; S. C. Palmer, 156; Button, 30. (n) In the goods of Perry, 2 Curt. 655; and see In the goods of Beer, 15 Jar. 160. 240 LEAVIN ON THE LAW OF TRUSTS, ETC. under it, can he claim the testator's bounty, and at the same time dis- claim the onus of the trust ?(o) It would seem that he might, for an executor, who is also a legatee, may renounce probate and yet claim the legacy, and it is difficult to point out the distinction between the two cases. 1 • n 1 • If. -1 • If one be named as trustee without any authority from himself, he is justified in taking the opinion of counsel upon the propriety of executing a deed of disclaimer, and if a person agree to pay the costs of the disclaimer and the bill of costs be taxed, the item of counsel's opinion will be allowed. (^j) A trust may be disclaimed at the bar of the court,(5') or by answer in chancery, and the person named as trustee will be entitled to his costs,(r) but only as between party and party,(s) *though the bill be not L ■" J dismissed against him before the hearing ;(<) and if his answer be unnecessarily long, he will only be allowed what would have been the reasonable costs of a simple disclaimer. («) A trust may also be repudiated on the evidence of conduct without any express declaration of disclaimer ;(y) but a person would act very imprudently, who allowed so important a question as whether he is a trustee or not to remain matter of construction. After renunciation of the trust, whether by express disclaimer, or by conduct which is tantamount to it, a trustee may assist as agent, or act under a letter of attorney, in the management of the estate, without incurring responsibility ;(«?) but the caution need scarcely be suggested, that all such interference cannot be too scrupulously avoided before the fact of the renunciation of the trust has been most unquestionably esta- blished. The circumstance that the person named as trustee is to receive a profit from his agency, excites a suspicion in the mind of the court. (a;) What will amount to a disclaimer at Imo, so as to devest the estate, is a very distinct question from the disclaimer of the office in equity. It was formerly held (at least such was the clear opinion of Lord Coke,) that & freehold, whether vested in a person by feoffment, grant,(^) or devise,(5;) could not be disclaimed but by matter of record ; and the reason, upon which this maxim was founded, was, that the suitor might (o) See Talbot v. Radnor, 3 M. & K. 254; PoUexfen v. Moore, 3 Atk. 272; Andrew v. Trinity Hall, Camb. 9 Ves. 525. (p) In re Tryon, 7 Beav. 496. {q) Ladbrook v. Bleaden, M. R. 16 Jur. 630. [r] Hickson v. Fitzgerald, 1 Moll. 14. (s) Norway v. Norway, 2 M. & K. 278, overruling Sherratt v. Bentley, 1 R. & M. 655. {t) Bray v. West, 9 Sim. 429. (m) Martin v. Fersse, 1 Moll. 146 ; Parsons v. Potter, 2 Hog. 281. [v) Stacey v. Elph, 1 M. & K. 195. (w) Dove V. Everard, 1 R. & M. 231 ; Harrison v. Graham, 3 Hill's MSS. 239, cited 1 P. W. 241, Gth ed., note (y); Stacey v. Elph, 1 M. & K. 195 ; Lowry v. Fulton, 9 Sim. 104; Montgomery v. Johnson, 11 Ir. Eq. Rep. 480. (z) Montgomery v. Johnson, 11 Ir. Eq. Rep. 481. {y) Butler and Baker's case, 3 Re. 26, a. 27, a ; Anon, case, 4 Leon. 207 ; Shepp. Touch. 285. ' ; ; > ; , ff (z) Bonifant v. Greenfield, Godb. 79, per Lord Coke; but at the rehearing (Or. El. 80,) it was adjudged that three could pass the u-hole estate, the fourth having disclaimed by act in pais ; and see Shepp. Touch. 452. OF DISCLAIMER AND ACCEPTANCE OF TRUST. 241 be more certainly apprised wlio was the tenant to the|)m'Ci)je.(a) But tlie *doctrine of modern times is, that disclaimer by matter of pogg-i record is unnecessary ;(h) for, as Lord Tenterden observed, there L " J can be no disclaimer by a person in a court of record, unless some other person think fit to cite him there to receive his disclaimer, and if the estate be damnosa hcercditas, that is not very likely to happen. (c) Mr. Justice Holroyd laid it down, that even a deed might be dispensed with, and a party might disclaim a freehold hj jmrol ;{d) and the doctrine has been sanctioned by an actual decision of Sir A. Hart,(e) and by the apparent approbation of other judges. (/) It was laid down in Butler and Baker's case, that estates limited under the statute of uses were to be disclaimed with the same formalities as estates at common law •,{g) but Lord Eldon doubted whether a party coidd disclaim in the case of a conveyance to uses, except by release with intent of disclaimer : however, his lordship added, he was aware that such a doctrine would shake titles innumerable. (A) It seems to be clearly established, that a disclaimer, even by parol declaration, will suffice to devest the legal estate, when the trust pro- perty is a mere chattel interest. (i^ Whether a /erne covert could, under the Fines and Kecoveries Act, disclaim an interest in real estate, was by the terms of the statute, left doubtful; the act enabling her only to <' dispose of, release, surrender, or extinguish" any estate or power as if she were a feme soIe.{Jc) In the Irish Act, 4 & 5 W. 4, c. 92, s. 68, the word " disclaim" was expressly introduced ; and now, by 8 & 9 Vict. c. 106, s. 7, a married woman is enabled, in like manner, to '' disclaim" any estate or interest in lands in England. *The effect of disclaimer by a trustee is to vest the whole r*237'l legal estate in the co-trustee 3 (?) and, as regards the exercise of L "_ -• the office, even if the trust be accompanied with a power, as, of signing receipts, the continuing trustee may administer the trust without the concurrence of the trustee who has chosen to renounce, and without the appointment of a new trustee.(?Ji) The settlor, it is said, must be pre- (a) Butler and Baker's case, 3 Re. 26, b. (6) Townson v. Tickell, 3 B. & A. 31 ; Begbie v. Crook, 2 Bing. N. S. 70; b. C. 2 Scott, 128. (c) Townson v. Tickell, 3 B. & A. 36. o , .. {d) lb. 38, citing Bonifant v. Greenfield, Cr. El. 80 ; and see Doe v. Smyth, 9 '(e) Bingham v. Clanmorris, 2 Moll. 253. And see Creed v. Creed, 2 Hog. 215 ; Re Ellison's trust, 1 Jur. N. S. 62. , , ^ ^^ (/) See Doe v. Harris, 16 M. & W. 517. (s) 3 Re. 2(, a. (h) Nicloson V. Wordsworth, 2 Sw. 372. (i) Shepp. Touch. 285: Butler and Baker's case, 3 Re. 26, b, 27, a; bmith v. Wheeler, 1 Vent. 130 ; S. C. 2 Keb. 774 ; Doe v. Harris, 16 M. & W. 520, 521, per Parke, B. (k) 3 & 4 W. 4 c. 74 s. 77. (l) Bonifant T. Greenfield, Cr. El. 80; Crewe v. Dicken, 4 Yes. 100, per Lord Loughborough; Small v. Marwood, 9 B. & C. 299 ; Freem. 13, case 111 : Hawkins V. Kemp, 3 East, 410 ; Townson v. Tickell, 3 B. & A. 31 ; Browell v. Reed, 1 Hare, 435, per Sir J. Wigram ; and see Nicloson v. Wordsworth, 2 Sw. 369. (m) Adams v. Taunton, 5 Mad. 435 ; Cooke v. Crawford, 13 Sim. 96 ; Bayley v. Gumming, 10 Ir. Eq. Rep. 410 ; Hawkins v. Kemp, 3 East, 410. 242 LEWIX ON THE LAW OF TRUSTS, ETC. sumecl to know what the legal consequences of the death or disclaimer of some of the trustees would be ;(??) and when the disclaimer has been executed, it operates retrospectively, and makes the other trustee the sole trustee ah initio. (y) But in personal contracts the rule is different, for where A. covenants with B., C, and D. as trustees, and B. disclaims, C. and B. do not take the joint covenant, and cannot sue without B.(2>) If trustees are also appointed protectors of the settlement, and they intend to disclaim the protectorship, the deed of disclaimer must, by the Fines and Recoveries Act, be enrolled in chancery.(j) II. Of Acceptance. A trustee may accept the office either by signing the trust deed,(r) or by an express declaration of his assent, (.s) or by proceeding to act in the execution of the duties of the trust. If a person named as a trustee has, during a long period, done nothing at variance with the acceptance of the office, the court, until the contrary be shown, presumes that he has accepted it.(#) r*9^8i *^^ *^® trustee execute the deed, he should see that the recitals L J are correct. If it be stated, for instance, that stock has been transferred into the name of the trustee, he should ascertain that such is the truth, or the court may hold him liable for the consequences. How- ever, in a late case(?f) where, notwithstanding the recital to the contrary, it was suggested that no stock had ever been in existence, the master of the rolls observed, <'I cannot say that the trustees are bound by the re- cital of that fact contained in the deed. We have had so many instances of parties representing that they were entitled to particular property, and which representation has afterwards turned out to be wholly untrue, that it would be unjust and dangerous to bind third parties by such represen- tations ; and I am not aware that it has ever been held that trustees are bound by the representations of parties about to be married, of the state of their property. I do not, therefore, accede to the argument, that the recital alone binds the trustees." With respect to the liabilities of the trustee, it is perfectly immaterial to him whether he declare his acceptance of the office or his consent be implied, for in each case the obligations imposed upon him are precisely the same.(v) In the event of a breach of trust the consequences to the parties beneficially interested may admit of a slight variation. A breach of trust creates per se a simple contract debt only;(«6-) but, if the trustee (n) Browell v. Reed, 1 Hare, 435, per Sir. J. Wigram. (o) Peppercorn v. Wayman, 5 De Gex & Smale, 230. (p) Wetherell v. Langston, 1 Exch. G34. (^) 3 & 4 W. 4, c. 74, s, 32. (r) See Buckeridge v. Glasse, 1 Cr. & Ph. 131, 134. (s) See Doe v. Harris, 16 Mees. & W. 517. (t) In re Uniacke, 1 Jon. & Lat. 1 ; In re Needham, ib. 34 ; and see James v. Frearson, 1 Y. & C. Ch. Ca. 370; Doe v. Harris, 16 M. & W. 522. (?i) Bateman v. Hotchkin, 10 Beav. 418. I have been informed by one of the counsel in the cause that in Bliss v. Bridgwater, at the rolls, many years ago. Sir J. Leach held differently ; and see Gore v. Bowser, 3 Sm. & Gif. 6. (V) See Lord Montfort v. Lord Cadogan, 19 Ves 638. (w) Vernon v. Vawdry, 2 Atk. 119 ; S. C. Barn. 280 : Cox v. Bateman, 2 Yes. 1 J ; Kearnan v. Fitzsimon, 3 Ridg. P. C. 18. OF DISCLAIMER AND ACCEPTANCE OF TRUST. 243 has agreed, under liis hand and seal, to execute the trust, this amounts to a covenant even though the heirs be not named, and the breach of trust, thus becoming a specialty clcht, will, in legal assets, take precedence of simple contract debts. (a:) However the mere fact of a trustee being made a party to and executing a deed appointing him to that office, will not of itself amount *to a covenant on his part to execute the |-^_^„ -^ trusts, if the deed do not contain any words which can be con- L ~ J strued a covenant at law;(y) and if the deed do contain such words, yet the trustee cannot be sued upon covenant if he has not executed the deed ; though, of course, after accepting the trust he will be liable for a breach of contract, as for a simple contract debt.(i') Khe has executed the deed, it is not necessary, in order to make it a covenant, that there should be the words covenant ov agree,\)ui the word declare will suffice. (o) If the trustee has covenanted for himself and his heirs, a remedy then lies at common law against the heir in respect of estates descended ; and by 3 W. & M. c. 14, the like remedy was enacted against the devisees of the debtor ; but this was only where the specialty would have sup- ported an action of debt, as in the case of a bond, and did not apply to a covenant by which, not a debt was created, but damages were recover- able ;(i) but the 11 Gr. 4, and 1 Gul. 4, c. 47, has now perfected the re- medy by extending it to the case of a covenant. A still more recent statute(c) has declared that the lands of a debtor shall be liable to all his debts, whether on simple contract or on specialty; but specialties, where the heir is bound, are still made to take precedence of simple contract debts, and specialties where the heir is not bound. What acts of a person nominated as trustee will amount to a construc- tive acceptance of the office, is a question constantly arising, and not easily to be determined by any general rule. If a person named as executor take out in-obate of the will, he thereby constitutes himself executor, and incurs all the liabilities annexed to the office. (fZ) But it was held in one *case, that A. having after pro- r^.7 < n-i bate received part of the assets transmitted to him by the post, L " J and handed over the money to B., the acting executor, was not liable; the receipt by A., in the first instance, not being his own act, and the transmission to B. being merely consequent upon the receipt.(e) If the office of executor is, by the will, clothed with certain trusts, it is not competent to a person named as executor to prove the will and (z) Wood V. Hardisty, 2 Coll. 542; Gifford v. Manley, For. 109: Mavor \. Davenport, 2 Sim. 227 ; Benson v. Benson, 1 P. W. 131 ; Deg v. Deg, 2 P. W. 414: Turner v. Wardle, 7 Sim. 80 ; Primrose v. Bromley, 1 Atk. 89 ; Cummins v. Cum- mins, 3 Jones & Lat. 64; see Baily v. Ekins, 2 Dick. 632. {y) Adey v. Arnold, 2 De Gex, Mac. & Gord. 433; Wynch v. Grant, 2 Drewry, 312. It appears from the latter case, that in Adey v. Arnold, the trustee had executed the deed, a circumstance not mentioned in the report of Adey v. Arnold. (z) Richardson v. Jenkins, 1 Drewry, 477; Vincent v. Godson, 1 Sm. & Gif. 384. (a) Richardson v. Jenkins, ubi supra; and see Saltoun v. Houston, 1 Bing. N. C. 433 ; Cummins v. Cummins, 3 Jones & Lat. 64; 8 Jr. Eq. Rep. 723. {b) Wilson V. Knubley, 7 East, 127. (c) 3 & 4 W. 4, c. 104. [d) Booth v. Booth, 1 Beav. 125 ; Ward v. Butler, 2 Moll. 533, per Lord Man- ners ; Stiles V. Guy, 1 Mac. & Gord. 431, per Lord Cotteuham ; Scully v. Delany, 2 Ir. Eq. Re. 165. (e) Balchen v. Scott, 2 Ves. jun. 678. 244 LEWIX ON THE LAW OF TRUSTS, ETC. thereby make himself an executor, and then to reject the obligations that are knit to the office. Thus, if a testator direct that his " executors " shall get in certain outstanding effects to be applied to a particular pur- pose, a person cannot make himself executor by proving the will, and refuse the trusts. (/) And if an executor be also designated as trustee of the real estate, he cannot desert the situation of trustee, and accept only that of executor, for the acting as executor is an acceptance of the entire trusteeship. (^) And if a person, by the same instrument, be nominated trustee of two distinct trusts, he cannot divide them, but if he accept the one, he will be deemed to have accepted the other, (/i) And if an executor act in any part of the executorship, as by signing a power of attorney to get in part of the testator's estate,(<') he brings down the whole burden upon him, though at the time of acting he disclaim the intention of assuming the office generally. (/c) If A. be named as executor arid trustee, and he renounces probate and disclaims the trust, and B. takes out letters of administration with the will annexed ; B., though he thus becomes the personal representa- tive, is not also trustee in any other sense than as holding the surplus assets after the ordinary administration, with notice of a trust. A pro- ,^ per trustee can only be appointed by the institution of a suit for L "^ J *the purpose, unless such a case was specially provided for by the power of appointment contained in the will. If a person be named as trustee in a settlement, but he does not execute it and declines to act ; he, of course, will not be deemed to have accepted the trust by merely taking the settlement into his custody until a trustee can be found. (^) Any voluntanj interference xcith the assets, whether with or without probate, will stamp a person as acting executor. Thus, where of four executors one only proved, and the other three gave a letter of attorney describing themselves as executors to the fourth, described as acting executor, to receive a quantity of stock,, Lord Hardwicke ruled that the whole number, by this conduct, had drawn upon themselves the burden of the executorship. (m) So the joining in an assignment of the testator's lease,(n) or the bringing an action in the course of executing the trust, (o) is an accep- tance of the office, and an executor and trustee for sale will be deemed to have acted in the trust, if the property be sold by direction of the trustees, and he is present, and takes part, and exercises authority or ownership by giving orders respecting the sale, and afterwards calls on a co-executor to inquire into the state of the testator's accounts. (^) (/) Mucklow T. Fuller, Jac. 198; and see Booth v. Booth, 1 Beav. 125; "Williams V. Nixon, 2 Beav. 472. iC/) Ward V. Butler, 2 Moll. 533. (h) Urch v. Walker, 3 M. & C. 702. («) Cummins v. Cummings, 8 Ir. Eq. Rep. 723. (k) Doyle v. Blake, 2 Sch. & Lef. 231 ; but see Malzy v. Edge, 2 Jur. N. S. 80. {I) Evans v. John, 4 Beav. 35. (m) Harrison v. Graham, 3 Hill's MSS. 239 ; S. C. cited Churchill v. Lady Hobson, 1 P. W. 241, note (y), 6th ed.; White v. Barton, 18 Beav. 192. {71) Urch V. Walker, 3 M. & Cr. T02. (o) Montfort v. Cadogan, 17 Ves. 489. {}>) James v. Frearson, 1 Y. & C. Ch. Ca. 3T0 ; see 375, 377. OF DISCLAIMER AND ACCEPTANCE OF TRUST. 245 In Orr v. Newton/j) A., one of six executors, admitted in his answer that during the life of B., another of the executors, and who had alone taken out probate, he had assisted in writing letters to the co-executors towards collecting the testator's estate, and it was proved that A. had written on behalf of himself and his co-executors to a debtor of the testator requiring payment. Lord Camden, notwithstanding the circum- stances, observed in his argument, that " B. undertook to act solely, and did act soleli/ until he died," implying that A. had, by his conduct, not assumed the character of executor. But the case *was one of r*242-l ii cruel persecution" against A. ; and his lordship put the fairest L "^ --J possible construction upon all that A. had done : and besides. Lord Camden might only have meant that B. was suhstantially the sole acting executor, without adverting to the question, whether the interference of A. ought not, in strict legal construction, to be held an acceptance of the executorship. The rule, that every voluntary interference with the subject-matter will convert a person into a trustee, must be taken with this qualifica- tion, that the interference is not such as to he, plainly referrible to some other ground than the part execution of the trust. Thus A., B., and C. were named as executors and trustees, and A. alone proved the will and administered, and sold certain chattels to B., and afterwards applied to B. as the friend of the family for advice ; B. in consequence nego- tiated the sale of the testator's property, and became a purchaser of part himself, taking the conveyance from A. the tenant for life and the heir-at- law, under the impression that the devise to A., B., and C (as B. and C. did not act in the trust) had become inoperative. On A.'s death B. expressly renounced the executorship. A bill was filed under these cir- cumstances against B., as having acted in the trust, and misconducted himself in that character ; but Sir J. Leach was clearly of opinion, that " B. had never interfered with the property, except as the friend^ or agent of the widow. It was true he had never executed a deed disclaim- ing the trust, but his conduct had disclaimed the trust. In the purchase of "the small real estate made by him he had taken by feoffment from the widow and eldest son of the testator, in whom the estates could only have vested by the disclaimer of the trustee;" and his honor dismissed the bill with costs. (r) But if a trustee act ambiguously he cannot afterwards take advantage of the doubt, and say he acted not as trustee, but in some other charac- ter. Thus, a testator devised that the produce of a plantation should be consigned to A. and be employed by him upon certain trusts, and A. with full notice *of the will received the produce of the estate, |-*243-| and then pleaded that he had been acting merely as factor or L ^ agent ; but Lord Hardwicke said it was incumbent on the trustee if he would not have acted to have refused, and not, going on in that ambig- uous way, to leave himself at liberty to say he acted as trustee or not.(s) (q) 2 Cox, 274: see Lowry v. Fulton, 9 Sim. 122. (r) Stacey v. Elph, 1 M. & K. 195; and see Dove v. Everard, 1 Russ. & Myln. 231 ; S. C. Tanil. 376 : Lowry v. Fulton, 9 Sim. 115. (s) Conyngham v. Conyngham, 1 Yes. 522 ; Montgomery v. Johnson, 11 Ir. Eq. Rep. 476; see Lowry v. Fulton, 9 Sim. 115 ; Doe t. Harris, 16 M. & "W. 517. 246 LEWIN ON THE LAW OF TRUSTS, ETC. Upon the question of acceptance or non-acceptance of the office, of course parol evidence is admissible as on any other issue. (^) Where a fund is given to a person upon certain trusts, and he is ap- pointed executor, as soon as he has severed the legacy from the general assets, and appropriated it to the specific purpose, he dismisses the charac- ter of executor, and assumes that of trustee.(i<) Indeed the assent of the executor to the legacy, however proved, converts him into a trustee. (v) If a person be asked and consent to become a trustee of a marriage- settlement, and thereupon his name is introduced into articles as the basis of the settlement, he may sue the parties bound by the articles for specific performance, though he may not have executed any written instrument declaratory of his acceptance of the trust. (m-) As soon as a trustee has accepted the office, he must bear in mind that he is not to sleep upon it, but is required to take an active part in the execution of the trust. The law knows not such a person as u passive trustee. If, therefore, an unprofessional person be associated in the trust with a professional one, he must not argue, as is often done, that because the solicitor is better acquainted with business and with legal technicali- ties, the administration of the trust may be safely confided to him, and that the other need not interfere except by joining in what are called formal acts. *If he sign a power of attorney for sale of stock, L "" J or execute a deed of reconveyance on repayment of a mortgage sum, he is as answerable for the money as if he were himself the solici- tor and had the sole management of the transaction. Again, when a trustee has entered upon the trust, he is bound at once to acquaint himself with the nature and particular circumstances of the property, and to take such steps as may be necessary for the due protec- tion of it. Thus he is not liable for the defaults of any predecessor in the trust, but if the fund is in danger, and not in the state in which it ought to be, the court will presume him to have made proper inquiries, and will hold him responsible if he does not take such measures as may be called for. (a-) So a trustee of chattels personal for the separate use of a wife must take care, on accepting the trust, to have the efi"ects ascertained by a proper inventory, or in a suit for an account of the trust estate he may be deprived of his costs. (?/) If part of the original trust estate is supposed to be lost, or is not forth- coming, the court will not appoint new trustees of the residue, so as to make them partial trustees only, but will appoint them trustees generally, and if required will at the same time, for the protection of the trustees, direct an inquiry whether any part of the trust fund has been lost, and what steps should be taken for its recovery.(^) it) See James v. Frearson, 1 Y. & C. Ch. Ca. 370. («) PMllipo V. Miinnings, 2 M. & C. 309 ; Byrchall v. Bradford, 6 Mad. 13 ; S. C. ib. 235 ; Ex parte Dover, 5 Sim. 500 ; Ex parte Wilkinson, 3 Mont. & Ayr. 145; See Wilmott v. Jenkins, 1 Beav. 401. (y) Dix V. Burford, 19 Beav. 409. {lo) Cook v. Fryer, 1 Hare, 498. [x) See Townley v. Bond, 2 Conn. & Laws. 405 ; James v. Fearson, 1 Y. & C. Ch. Ca. 370 ; and see Malzy v. Edge, 2 Jur. N. S. 80; but quiere. {y) England v. Downs, 6 Beav. 269; see 279. (z) Bennett v. Burgis, 5 Hare, 295. OF THE LEGAL ESTATE IN THE TRUSTEE. 247 We may add in conclusion, that if a person by mistake or otlierwise assume tlie character of trustee, when it really does not belong to him, he may be called to account by the cestuts que trust, for the moneys he received under the colour of the trust. Thus, when a testator devised an estate to W. Thompson upon certain trusts, with a power of sale to him, his heirs and assigns, and the trustee devised all his real estates to his sister, Grace Thompson, charged with 50?. to his friend Watson, and died, leaving his brother Jonas Thompson his heir-at-law, and, on the death of the trustee, *Grace Thompson assuming to be devisee, r*245-i sold the estate and received the money and paid it wrongfully L J to the tenant for life ; in a suit against the representative of Grace Thompson, the court held, although she was neither heir nor devisee, yet as she had acted as trustee and received the money in that character, she was accountable for it to the cestuis que trust. (a) ^CHAPTER XL [*246] or THE LEGAL ESTATE IN THE TRUSTEE. Upon this subject we propose to treat. First. Of vesting the legal estate in the trustee ; Secondly. Of the properties and devolution of the legal estate ; and Thirdly. Of the question what persons taking the legal estate will be bound by the trust. SECTION I. OF VESTING THE LEGAL ESTATE IN THE TRUSTEE. I. Of the legal estate in the trustee with reference to the Statute of Uses. In the case of a simple trust, as the statute of Henry the Eighth operates upon the first use, whether designated in the instrument as a use or trust, if a conveyance or devise be to A. and his heirs " in trust" for B. and his heirs, the possession will be executed in B. •,{aa) and the statute must operate, notwithstanding the intention of the settlor to the contrary, for the will of the subject cannot control the express enact- ment of the legislature. (6) In order, therefore, to prevent the legal estate from being executed in the cestiii que trust, it is necessary to vest («) Rackham v. Siddall, 16 Sim. 297 ; affirmed by the lord chancellor on appeal as to the point under consideration, 1 Mac. & Gord. 607. ^^ ^ , , c? (aa) As in Austen v. Taylor, 1 Ed. 361 ; Robinson v. Grey, 9 East, 1, &c. bee Brouffhton v. Langley, 2 Sallt. 679 ; Chapman v. Blissett, Gas. t. Talb. 150. (b) See Carwardine v. Carwardine, 1 Ed. 36. In Gregory v. Henderson 4 Taunt. 772, Judges Chambre and Gibbs laid a stress on the testator s e«?fw<, but Judge Health referred the case to the true principle, viz. that the trustees having a duty to perform, it was a trust special, and so out of the statute. 248 LEWIN ON THE LAW OF TRUSTS, ETC. in tlie trustee not only the ancient common law fee, but also the primary use, as, by conveying or devising *" to the trustee and his heirs C*^"^"^] to the use of the trustee and his heirs," (c) or " unto and to the use of the trustee and his heirs -/'{d) for although by this form of limita- tion the trustee will be in by the common law, yet, as the use and the possession are both vested in the trustee, the trust over, as not being the primary use, will not be affected by the statute. But sjyecial trusts are not within the purview of the act ;(^) and there- fore, if any agency be imposed on the trustee, as by a limitation to A. and his heirs, upon trust topay the rents,(/) or to convei/ the estate,(r7) or if any control is to be exercised, or duty to be performed, as in the case of a trust to ajJj^Ii/ the rents to a person's maintcnance,{h) or in making repairsfi) to hold for the se2mrateuse of a feme covert,(^-) or to jyreserve contingent remaindcrs[l) and a fortiori if to raise a sum of monei/,{vi) or to disjyose ofhy sale,(^)i) in all these cases as the trust is of a special character, the" operation of the statute of uses is effectually excluded. But if an estate be released by deed to A. and his heirs " upon trust," after the marriage of relessor '- for her and her assigns for life, for her own sole and separate nse," but no active duty in respect of the separate .„-, use is expressed to be reposed in the trustee personally, a com- L -"^^J mon *law court rejects the sole and separate use as an estate known only in equity, and holds the legal estate for life to be executed in the relessor.(o) And if the trust be simply to "jyermit and suffer A. to receive the rents,"Qj) the legal estate is executed in A. However, if the lands be devised to three persons and their heirs in trust, to permit A. to receive the net rents for her life for her own use, and after her death to permit (c) Robinson v. Comyns, Rep. t. Talb. 154; Attorney-General v, Scott, id. 138 ; Hopkins v. Hopkins, 1 Alk. 589, per Lord Hardwicke. {d) Doe V. Passingham, 6 B. & C. 305; Doe v. Field, 2 B. & Ad. 564 ; Harris v. Pugh, 12 Moore, b11 ; S. C. 4 Bing. 335; Rackham v. Siddall, 1 Mac. & Gord. GOT. (e) See Introduction ; and see Wright v. Pearson, 1 Ed. 125 ; Mott v. Buxton, 7 Ves. 201. (/) Robinson v. Grey, 9 East, 1 ; Symson v. Turner, 1 Eq. Ca. Ab. 383, note, 3d resolution ; Garth v. Baldwin, 2 Yes. G46 ; Chapman v. Blissett, Cas. t. Talb. 145 ; Barker v. Greenwood, 4 M. & Wels. 429 ; Anthony v. Rees, 2 Cr. & Jer. 75 ; White V. Parker, 1 Bing. N. C. 5T3 ; and see Doe v. Homfray, 6 Ad. & Ell. 206 ; Kenrick t. Lord Beauclerk, 3 Bos. & Pull. 178 ; Nevil v. Saunders, 1 Vern. 415 ; Jones V. Say & Seal, 1 Eq. Ca. Ab. 383. {g) Garth v. Baldwin, 2 Ves. 646 ; Doe v. Field, 2 B. & Ad. 504 ; Doe r. Edlin, 4 Ad. & Ell. 582. [h) Sylvester v. Wilson, 2 T. R. 444 ; Doe v. Edlin, 4 Ad. & Ell. 582. {i) Shapland v. Smith, 1 B. C. C. 75. {k) Harton v. Harton, 7 T. R. 652; and see Nevil v. Saunders, 1 Yern. 415 ; Jones V. Lord Say & Seal, 1 Eq. Ca. Ab. 383 ; Doe T. Claridge, 6 Com. B. Re. 641. (0 Biscoe v. Perkins, 1 Y. & B. 485 ; and see Barker v. Greenwood, 4 M. & W. 431. im) Wright v. Pearson, 1 Ed. 110 ; Stanley v. Lennard. 1 Ed. 87. (n) Bagshaw v. Spencer, 1 Yes. 142. (o) Williams v. Waters, 14 M. & W. 166. [p) Boughton V. Langley, 1 Eq. Ca. Ab. 383; S. C. 2 Salk, 679; overruling Bur- chett v. Durdant, 2 Yent. 311 ; Right v. Smith, 12 East, 455 : Wagstaff v. Smith, 9 Yes. 524, per Sir W. Grant ; Gregory v. Henderson, 4 Taunt. 773, per Heath, J.; Warter v. Hutchinson, 5 Moor. 143; S. C. 1 B. & C. 721 : Barker v. Greenwood, 4 M. & W. 429, per Parke. B. OF THE LEGAL ESTATE IN THE TRUSTEE. 249 B. to receive the net rents for lierlife for her sole and separate use, with remainder over and a power of sale to the trustees, it has been held that the legal estate is in the trustees, for that they are to receive the rents, and thereout pay the land-tax and other charges on the estate, and hand over the net rents only to the tenant for life. (5) If the legal estate be limited to the trustees cliarged with dehts, and subject thereto in trust for A., but no direction to the trustees personally to pay the debts, (r) here as the trustees have no agency assigned to them, but merely stand seised in trust, the statute will operate, and exe- cute the possession in A. And where copyholds were devised to trustees during the minority of the testator's son, " the same to be transferred to him" when he attained twenty-one, and if he died under twenty-one the testator gave the estate over, it was held that the trustees took a chattel interest only, until the son attained twenty-one, and that the copyholds then vested in the son. It was said, that if the devise were to the son on attaining twenty-one without the intervention of trustees, the admission of the son as tenant on the rolls would operate as a transfer of the estate, and that the words " the same to be transferred" did not imply that the trustees were to transfer *the legal estate. (s) This construction appears some- 1-^9^01 what forced, as the estate is not transferred by the admission, L -" J but by the surrender. However, the estate remains in the surrenderor iintil the admission of the surrenderee, though it then operates retro- spectively from the date of the surrender. Where the trust was " to pay unto or permit and suffer a person to receive" the rents, as the former words would have created a special trust, and the latter would have been construed a use executed by the statute, the court determined, for want of a better reason, that the former or latter words should prevail, as the instrument^ in which they were found, happened to be a deed or a will.(i!) II. Of the legal estate in the trustee as governed by the object and scope of the trust. As legal limitations are properly cognisable by a common-law court, it might naturally be supposed that the construction put upon the instru- ment would stand wholly unaffected by the circumstance of the creation of the trust. But as the effect of a deed or will is to be ruled by the intention, and every person in limiting an estate to a trustee must be guided by the equity he proposes to raise upon it, the courts, as well of common law as of equity, were necessarily led to enter upon the conside- ration of the trust, in order to measure the extent of the legal interest by the scope and object of the equitable. (m) The following rules of construction have been adopted by the courts in reference to this branch of our subject, and, except so far as they are {q) Barker v. Greenwood, 4 M. & W. 421 ; White v. Parker, 1 Bing. N. C. 573. (r) Kenrick v. Lord Beauclerk, 3 B. & P. 175 ; Jones v. Lord Say & Seal, 8 Yin. 262. In this case the remainder was given to the trustees upon trust subject to the annuities, and was held to be executed. (s) Doe V. Nicholls, 2 B. & Cr. 336. (t) Doe v. Biggs, 2 Taunt. 109. (m) As to the cognisance of trusts by a court of law, see Sims v. Marryat, 17 Q. B. Rep. 292 ; May v. Taylor, 6 Mann, k Gr. 2(11. 250 LEWIX ox THE LAW OF TRUSTS, ETC. controlled by the positive enactments of tlie late Wills Act;(«) must still be resorted to for guidance. First, Wherever a trust is created, a legal estate sufficient for the exe- cution of the trust shall, if possible, be implied : Secondly, The legal estate limited to the trustee shall not be carried farther than the complete execution of the trust necessarily requires. 1. To illustrate the first of these rules, the court has in *some L "'J instances suj;>pUed tlie estate in toto ; as where a testator had devised to a feme covert the issues and profits of certain lands to he paid hy Ms exerAitors, it was held the land itself was devised to the executors in trust to receive the rents and profits to the use of the wife.(ic) If a testator simply appoint a person his executor and trustee, it seems the latter word is not so exclusively applied to real estate, as to carry by implication to the executor a devise of the testator's freeholds, but if the testator direct certain acts to be done by the trustee which belong to the owner of the freeholds, such a devise will be implied. (a;^ And so if the testator appoint a person his " trustee of inheritance," which is equiva- lent to making him the trustee of his inheritable property. (//) And if a testator constitute a trustee by will, and devise the legal estate to him, and then by a codicil " nominates and appoints another person to be trustee" in his place, the codicil not only confers the office of the trustee- ship, but also carries the legal estate with it. (2;) In other eases the court has extended the estate, as where the devise was to three trustees, and the survivor of them, and the executors and administrators of such survivor, upon trust to pay certain annuities for lives, it was ruled that the trustees took an estate for the several lives of the annuitants. {riS If land, said Lord Hardwick, be given to a man without the word heirs, and a trust be declared which can be satisfied in no other way but by the trustees taking an inheritance, it has been construed that a fee passes. (i) r*9'=in Thus a trust to sell,(c) *even on a contingency,((:Z) confers a fee L J simple as indispensable to the execution of the trust ; and the construction is the same in a sale implied, as where the devise is upon trust out of the rents and profits of an estate to discharge certain legacies {v) 1 Yict. c. 26, ss. 30, 31, {■w) Bush V. Allen, 5 Mod. 63 ; Doe v. Homfray, 6 Ad. & Ell. 206 ; and see Gates V. Cooke, 3 Bur. 1684 ; Sir W. Black. 543 ; Doe v. Woodhouse, 4 T. R. 89. ix) Gates v. Cooke, 3 Burr. 1684 ; Bush v. Allen, 5 Mod. 63 ; Anthony v. Rees, 2 Cr. & Jer. 75 ; Doe v. Shotter, 8 Ad. & Ell. 905. iy) Trent v. Hanning, 1 B. & P. New Rep. 116 ; 10 Yes. 495 ; 7 East, 95 ; 1 Dow. 102 ; Doe v. Pratt, 6 Ad. & Ell. 180. (z) Re Hough's Will, 4 De Gex & Sm. 371. (a) Doe V. Simpson, 5 East, 162 ; and see Atcherley v. Yernon, 10 Mod. 523 ; Gates V. Cooke, 3 Bur. 1684; Shaw v. Weigh, 2 Str. 798; Jenkins v. Jenkins, Willes, 650. In Doe v. Simpson a life estate only was implied, as the trustee was merely such ; but in Jenkins v. Jenkins, the trustee being also interested benefici- ally, the construction was more liberal, and it was thought the fee simple passed. (6) Villiers v. Yilliers, 2 Atk. 72. (c) Shaw V. Weigh, 2 Str. 798 ; Bagshaw v. Spencer, 1 Yes. 144, per Lord Hard- wicke ; and see Glover v. Monckton, 3 Bing. 13 ; 10 Moore, 453. As to Hawker v. Hawker, 3 B. & Aid. 537, and Warter v. Hutchinson, 5 Moore, 143, S. C. 1 B. & C. 721, see remarks infra, pp. 256, 257. ((f) Gibson v. Lord Montfort, 1 Yes. 485, see p. 491. OF THE LEGAL ESTATE IN THE TRUSTEE. 251 made payable at a day inconsistent witli tlie application of tlie annual profits only.((') But a power of selling will not be implied by a limitation to a trustee, or to a trustee his executors and administrators, upon trusts to pay debts and legacies generally,(/) or (seynhle) to raise a sum of money.(;7) In sucli cases, where nothing in the context implies the limitation of the fee, a chattel interest only will pass. But, if a greater estate be limited expressly, as by a devise to A. and his heirs upon trust to pay debts, the court has no jurisdiction to cut down the expression and reduce the estate to a chat- tel,(/i) though if a chattel interest be carved out of the fee and be so limited, the word "heirs" may be rejected as inconsistent with the estate, as where lands are devised to trustees and their heirs, until an infant attains twenty-one, and then to the infant in fee.(i) If an estate be granted to two, and the survivor of them, and the heirs of such survivor, they are not joint tenants in fee, but take a freehold for their joint lives, with a contingent remainder to the one that may happen to survive. The same construction will be put upon a devise expressed simply in the same terms without any trust annexed, or even if there be *a trust, provided the nature of it do not require the fee simple r^9r9-i to be vested in the trustees. (^-) But if such a devise, even to L "^ ""J beneficiaries, be coupled with words pointing to a joint tenancy, that construction will be adopted, as if the gift be to two and the survivor of them and their heirs,(Z) or to them as joint tenants, and the survivors and survivor of them, and the heirs and assigns of such survivor. (??^) And if the devise be to two and the survivor of them, and the heirs of such survivor, upon trusts that require the fee simple to be vested in the trustees, or upon trust for sale, the prevailing opinion is, that notwith- standing the old case of Vick v. Edwards(7i) to the contrary, the courts would compel a purchaser to accept a title on the assumption that the trustees took the fee simple.(o) "Whatever doubts," observes Butler, "were formerly entertained, it now appears to be the settled opinion of the profession that a devise to two and the survivor of them, and the heirs and assigns of such survivor, enables the trustees to vest the fee iu the purchaser, and that titles under such a devise are accepted with a conveyance from the trustees and without the concurrence of the heir."(^) 2. To illustrate the second rule, if an estate be devised to A. and his heirs upon trust io permit B. to receive the rents during his life, and on (e) Gibson v. Lord Montfort, 1 Ves. 485. (/) Co. Lit. 42 a; Cordal's case, Cr. El. 315; Carter v. Barnadiston, 1 P. W. 505; Hilchins v. Hilchins, 2 Vern. 403; Doe v. Simpson, 5 East, 171, per Lord Ellenborough, C. J. ; Roberts v. Diswell, 1 Atk. 609, per Lord Hardwicke. {g) Doe V. Simpson, 5 East, 162 ; and see Bosworth v. Forard, 0. Bridg. Rep. 167 ; Thomason v. Mackworth, id. 507; Co. Lit. 42 a, note (7), Butler's ed. (h) Wright V. Pearson, 1 Ed. 119, see p. 123. (?) Goodtitle v. Whitbv, 1 Burr. 228 ; Doe v. Lea, 3 T. R. 41 ; Warter v. Hutcli- inson, 1 B. & C. 721 ; and see Ackland v. Lutlej, 9 Ad. & Ell. 879; but see Le- thieullier v. Tracy, 3 Atk. 780, Fearne's C. R. 226, Butler's note. [k) Re Harrison, 3 Anst. 836. [I) Doe v. Sotheron, 2 Bar. & Ad. 628 ; Oakley v. Young, 2 Eq. Ca. Ab. 537. Im) Goodtitle v. Layman, Fearne's C. R. 358. («) 3 P. W. 372. (o) See Doe v. Ewart, 7 Ad. & Ell. 636 : Doe v. Sotheron, 2 Bar. & Ad. 628. i^p) Co. Lit. 191 a. note 1 ; and see Fearne's C. R. 358. 252 LEWIX ON THE LAW OF TRUSTS, ETC. his death to convey to C. in fee, here the legal estate for the life of A. is vested in B., and the remainder only in the trustee. (5) On the other hand, if an estate be devised to A. and his heirs in trust to pay the rents to B. for his life, and on his death the testator devises the estate to C. in fee, here the legal estate for the life of B. is in the trustee, and the legal estate in the remainder is vested in C.(>') So where a copyhold was devised to A. and his heirs upon trust for the separate use of a feme covert during her *life, and after her decease in trust as the feme L " -I should appoint, and in default of appointment to the testator's risht heirs, it was thought by Judge Heath that the trustee took a base fee determinable on the life of the feme, and by Judge Chambre, that the devise amounted only to an estate pur autre vie.(^s'^ But it seems that such a limitation in a deed, where the construction is narrower, would have conferred the fee simple. (/) So in a devise to A. for life, remainder to trustees and their heirs to preserve contingent remainders (the words " during the life of A." being omitted.) with remainders over, the trustees were construed to take not a fee simple, but an estate for the life of A.(u) And Sir W. Grant expressed himself in favour of a similar construction where the instrument was a deed :(i-) but it has since been decided that in the latter case a fee simple passes, (?r) unless it be quite clear upon the face of the deed itself that the words " during the life of A.," were meant to be in the deed, and are wanting through inadvertence. (a;) Of course there can be no such restriction of the estate by implication where the natural sense of the words admit of a fair and reasonable construction, as if before the late act the fee in the trustees would have supported any contin- gent limitations that would otherwise have been left at the mercy of the tenant for life.C_y) Upon the principle we are now considering, if the legal estate be given to trustees, and their heirs, upon a trust not executed by the sta- tute during the life of A., and after A.'s decease to uses in strict settle- r*9^41 ^^^^' *^® vesting of the estate *in the trustee during the life of '- "" J A. will not prevent the operation of the statute in executing the uses in remainder.(2;) (q) Doe v. Bolton, 11 Ad. & Ell. 188 ; Adams v. Adams, 6 Q. B. Rep. 860. (r) Adams v. Adams, 6 Q. B. Rep. 860 ; Cooke v, Blake, 1 Exch. Rep. 220. (s) Doe V. Barthrop, 5 Taunt. 382, and see Ward v. Burburj, 18 Beav. 190; Doe d. Players v. Nicholls, 1 B. & Cr. 342; Doe v. Cafe, 7 Exch. Rep. 615. {t} Wykham v. Wykham, 11 East, 458; see S. C. 18 Ves. 419, and following pages. (m) Doe V. Hicks, Y T. R. 433 ; as to Boteler v. Allington, 1 B. C. C. 72, see Doe T. Hicks, 7 T. R. 435, and Wykham v. Wvkham, 18 Ves. 418 ; and see Nash v. Coates, 3 B. & Ad. 839. (u) Curtis V. Price, 12 Ves. 89; but see Wykham v. Wykham, 18 Ves. 419, and follo'wing pages. (w) Colmore v. Tyndall, 2 Y. & J. 605. (z) Beaumont v. Marquis of Salisbury, 19 Beav. 198 ; Haddelsey v. Adams, 22 Beav. 266 ; Lewis v. Rees, 3 K. & J. 132. (y) Venables v. Morris, 7 T. R. 342, 438; and see Curtis v. Price, 12 Ves. 100; Doe V. Hicks, 7 T.R. 437 ; Rochford v. Fitzmaurice, 1 Conn. & LaW. 169 ; 2 Drur & Warr. 16. ' (2) Doe V. Simpson, 5 East, 171, per Lord Ellenborough : Robinson v. Grey, 9 OF THE LEGAL ESTATE IN THE TRUSTEE. 253 Thus, ia tlie much disputed, but, as it appears, rightly decided case of Jones V. Lord Say and Seal,(«) where a testatrix devised to trustees and their heirs upon trust to pay the legacies, devises, and bequests thereinafter mentioned (some life annuities only were given,) and to pay the residue of the rents and profits as her daughter should appoint for her life, and after her decease the trustees to <' stand seised" of the pre- mises to certain uses, '' subject to the payment of the several annui- ties ;" — it was held by the court that the legal estate during the life of the daughter was vested in the trustees, but that the remainder expect- ant upon her decease was executed to the cestuis que use : the trustees were not required to be agents after the death of the daughter, but were simply, subject to the payment of the annuities, which meant only, sub- ject to the annuities, to stand seised to uses. So, where a testator devised to three trustees and their heirs subject to the following uses and estates, viz. in trust to permit two persons to receive annuities, and, subject thereto, he devised the premises to the trustees and their heirs until A. attained twenty-one, upon certain trusts, and, when A. should attain twenty-one, he devised the premises to the trustees and their heirs to uses in strict settlement, it was held that the trustees took a chattel interest only, and that the uses in remainder were executed by the statute. (i) The testator prefacing each limitation with a devise to " the trustees and their heirs," the repetition of these words was probably regarded as surplusage, and the will was construed as follows : — " I devise the estate to the trustees and their heirs to the fol- lowing uses, to the use that A. and B. may receive annuities, and subject thereto to the use of the trustees until A. attain twenty-one and on A.'s attaining twenty-one *to uses in strict settlement." Indepen- ^^-..--. dently of this construction, it seems the devise to the trustees ^ ^ J and their heirs until A. attained twenty-one would only have the effect of communicating a chattel interest ;(r) for as every estate of a certain and definite duration, though determinable on a life, is a chattel in its nature, the limitation to the heirs would be rejected as repugnant. In Harton v. Harton^c;?) a testator devised to A. and B. and their heirs upon trust to permit C, Sk/eme covert, to receive the rents during her life for her separate use, and after her decease to the use of her first and other sons in tail ; and in default of such issue to the use of the daughters in tail as tenants in common ; and in default of such issue upon trust to permit D., a, feme covert, to take the rents during her life for her separate use, with remainder to the use of her first and other sons in tail, with remainder to her daughters in tail as tenants in com- mon ; and in default of such issue, upon trust to permit E., a spinster, East, 1 ; Adams v. Adams, 6 Q. B. Rep. 860 ; Doe v. Ironmonger, 3 East, 533 ; and see Nash v. Coates, 3 B. & Ad. 839. (a) 8 Yin. 262. {b) Warter v. Hutchinson, 5 Moor, 143 ; S. C. 1 B. & C. 721 ; and see Ward v. Burbury, 18 Bcav. J 90; Doe v. Cafe, 1 Exch. Rep. 675. (c) Goodtitle v. Whitby, 1 Bur. 228; Doe v. Lea, 3 T. R. 41 ; and see Ackland v. Lutley, 9 Ad. & Ell. 879 ;"but see Lethieullier v. Tracy, 3 Atk. 780 ; Fearne's Con- ting. Rem. 226, Butler's note. (d) 7 T. R. 652. February, 1858. — 17 254 LEW IN ox THE LAW OF TRUSTS, ETC. to receive the rents during her life for her separate use, with like remainder to the use of her first and other sons in tail, with remainder to her dau2:hters in tail; as tenants in common ; and it was determined that the fee simple was in the trustees ; but this decision can scarcely be reconciled with principle, and seems to have presented some difficultj to the mind of Lord Eldon. " The court," said his lordship, " held that the legal estate was in the trustees throughout, as it appears to me, for this reason, that there being various trusts for the separate use of married women after various trusts not for married women, those trusts could not subsist unless the legal estate was in the trustees from the beginning to the end, and they relied on the non-repetition of a legal estate. "(e) In a recent case, however before Yice-Chancellor Wigram, his honor appears to have considered himself bound by Harton v. Har- ^^ ton,(/) and in a still later case the Court of *Queen's Bench L "^ -I recognised its authority, at least to a limited extent. (^) But if a devise be to trustees and their heirs upon a trust that can- not be executed without an absolute control over the property, as upon trust to lease for an indefinite number of years,(/i) or to raise a sum of money by sale,(i) and subject thereto to uses in strict settlement, the trustees will not be held to take a mere power so as to let in the statute to execute the uses, but will be construed to take the legal estate in fee, and the uses that are limited will stand as equitable interests. It has been observed in the Treatise of Powers,"(/i) that this rule was not attended to in the case of Hawker v. Hawker. (/) The devise in that case was to three trustees and their heirs upon trust to sell the tes- tator's lands at H. for payment of his debts, and, in case the proceeds should be insuflScient, then as to his lands at F. upon trust to sell for the like purpose, and to dispose of the surplus moneys in manner therein- after directed, and, in case it should not be necessary to dispose of the said lands at F., then as to such his lands {^inter alia'j upon trust for the maintenance of his daughter till twenty-one, and, on her attaining twenty- one, to the use of the trustees during her life, and after her decease to the use of her children ; and the court certified as to the lands at F., that the trustees did not take a larger estate than for the life of the daughter. The devise was probably considered to be of a double aspect, viz. to the trustees and their heirs upon trust to sell, &c., if one event happened, and upon trust for the daughter, &c., if another event happened. The latter series of limitations took eflTect, and therefore, as no power of sale was to be exercised by the trustees, it was not necessary under the circumstances to arm them with the inheritance. (e) Hawkins v. Luscombe, 2 Sw. 391. (/) Brown v. Whiteway, 8 Hare, 145. (g) Toller v. Attwood, 15 Q. B. Rep. 951. [h) Doe V. Willan, 2 B. & Aid. 84 ; but see Heardson v. Williamson, 1 Keen. 3.J ; Ackland v. Lutley, 9 Ad. & Ell. 8T9. (i) Wright V. Pearson, 1 Ed. 123 : Bagshaw v. Spencer, 1 Yes. 142 ; Glover v. Monckton, 3 Bing. 13 ; Bale v. Coleman, 2 Eq. Ca. Ab. 309. note (e) ; Sanford v. Irby, 3 B. & Aid. 654 ; Jones v. Morgan, 1 B. C. C. 20G : for a correct report of the •will, see Fearne's C. R. Appendix. No. 3. {k) 1 S\ig. Pow. 127. 6th edit. ' {I) 3 B. & Aid. 537. OF THE LEGAL ESTATE IN THE TRUSTEE. 255 *The case of Warter v. Hutcliinson(?«) is more difficult to be p^nr-T reconciled with the rule we are discussing. The limitations so L "^ 'J far as they concern the present subject, were to trustees and their heirs to the following uses, viz. to the trustees, their heirs and assigns, until A. attained twenty-one, upon trust as soon as convenient after the testa- tor's decease to raise out of the rents and profits, or by sale or mort^ao'e thereof, a sum sufficient for the payment of debts, funeral expenses, and the costs of the trustees, and also the sum of 2000/. to be applied in man- ner therein directed, the residue of the rents and profits, after payment of debts, funeral expenses, and the sum of 2000/., to be paid to A. on his attaining twenty-one, and when A. shall attain twenty-one the testa- tor devised the premises to the trustees and their heirs to uses in strict settlement; and the court certified that the trustees took a chattel inter- est, and not the fee simple. The construction appears to have been, that, as the limitation to the trustees and their heirs was expressly limited to the period until A. attained ticenty-one, the estate was intended to be a chattel interest only, and the charges were to be raised either by sale or mortgage of that chattel interest, or out of the inheritance by virtue of an implied power. Recent cases have established the following important qualification of the rule now under consideration, viz., that where an estate is in the first instance given to trustees and their heirs upon trusts which do not ex- haust the equitable fee simple, and for which a particular estate short of the legal fee in the trustees would be sufficient, but discretionary powers are superadded, which cannot be exercised by the trustees without arm- ing them with the means of passing the fee simple, there the courts have held that the trustees do not take a particular estate by way of vested interest with a power under the statute of uses or by a common law au- thority of passing the fee, but that they retain the legal fee simple given to them in the first instance, on the footing that they were meant to exercise the discretion given to them by virtue of their ownership and not by the mere operation of a *power.(%) Baron Parke observed, r^c.^r-n-i in the leading case,(o) " It is certainly true that where the pur- L "^ J poses of the trusts on which an estate is devised to trustees are such as not to require a fee in them, as, for instance, where the trust is to pay annuities or to pay over rents and profits to a party for life, there, if, sub- ject to the specified trust, the estate is given over, the parties entitled under such devise over have been held to take legal estates, the gift to the trustees (even when given with words of inheritance) having been taken in such cases to have been meant to be co-extensive only with the trusts to be performed. This rule of construction has probably created much more difficulty than it has obviated. It is, however, now too well settled to be called in question. — But when an estate is given to trustees, (to) 5 Moore, 143 ; S. C. 1 B. & C. 721. («) Watson V. Pearson, 2 Exch. Rep. 581 ; Blagrave v. BlagraTe, 4 Exch. Rep. 550 ; Davies t. Davies, 1 Q. B. Rep. 430 ; Doe v. Cadogan, 7 Ad. & Ell. 636 ; Rack- ham V. Siddall, 1 Mac. & Gord. 607. (o) Watson v. Pearson, 2 Exch. Rep. 593. 256 LEWIN ON THE LAW OF TRUSTS, ETC. all the trusts whicli they are to perform must prima facie at least be performed by them by virtue and in respect of the estate vested in them. The fee is in terms devised to them, and it would be a very strained and artificial construction to hold first that the natural meaning of the words is to be cut down, because they would give an estate more exten- sive than the trust requires, and then, when the trust does in fact require the whole fee simple, to hold that that must be supplied by way of power defeating the estate to the subsequent devisees, and not out of the inter- est of the trustees.'^ The rule of construction laid down in this case has since been followed, even where the language of the subsequent limitations has been peculi- arly applicable to a devise of the legal estate, as where after the primary devise to the trustees and their heirs upon limited trusts with discretion- ary powers the estate was expressed to be limited in strict settlement, by a declaration of uses to that effect. (y>) But the principle does not apply where the devise is to trustees and their heirs upoQ trust for a person for life, and after her death upon cer- tain trusts during the minority of her *children, with a mere L "' J power of leasing, to be exercised during the continuance of the trust without any authority affecting the fee simple. (5') The law upon the subject has now undergone some alteration from the provisions of the late act (1 V. c. 26,] for the amendment of the law of wills. By the 30th section it is declared, « that where any real estate (other than or not being a presentation to a church) shall be devised to any trustee or executor, such devise shall be construed to pass) The chattel is of no value beneficially to the testator's estate ; but ecclesiastical courts do not take cognizance of trusts. And perhaps the better opinion is, that a chattel interest held upon trust may at law be taken in execution for the debt of the trustee ; for, so soon as the writ of execution reaches the sherifi''s oflSce, it binds the goods and chattels of which the debtor is then possessed, and a trust (r) 5 East, 162. (s) See the observations on the above clauses, H. Sugden on Wills, p. 119 ; 2 Jarm. on Wills, 263. (t) Bennet v. Davis, 2 P. W. 319. (m) Noel v. Jevon, Freem. 43 ; Nash v. Preston, Cr. Car. 190. (w) Hinton v. Hinton, 2 Ves. 631, 638; Bevant v. Pope, Freem. 11 ; and see Brown v. Raindle, 3 Ves. 256. (w) Pawlett V. Attorney-General, Hard. 4G6, per Lord Hale ; Geary v. Bear- croft, Cart. 67, per Cur. ; King v. Mildmay, 5 B. & Ad. 254. (x) Jenk. 190, c. 92. (y) See infra, pp. 285, 286, 287. (z) Pawlett V. Attorney-General, Hard. 466, per Lord Hale; Wikes's case. Lane, 54; Scounden v. Hawley, Comb. 172, per Dolben, J.; Jenk. 219, c. 66; lb. 245, c. 30. (a) Wikes's case, Lane, 54. (6) See Crosley V. Archdeacon of Sudbury, 3 Hagg. 201 ; 3 Vend. & Purch. 14. 258 LEW IN ON THE LAW OF TRUSTS, ETC. estate, as well as a beneficial ownership, must be subject to the lien, for the common law can scarcely operate differently where it recognizes no distinction. The sheriff is a mere instrument for the execution of the leo'al process, and property, which the common law holds liable, the sheriff can have no discretion to exempt upon grounds of equity. The mere officer of the court cannot have ligandict non ligandi potestafxm.{c^ It was said, however, by Mr. Justice Ashurst, " Suppose a person has "oods as a trustee for certain purposes, which was made known to the sheriff before the sale, if the sheriff persists in selling, it would in my opinion be a tortious act in him."(fZ) On the other hand, Lord Thurlow seems to acknowledge the legal right against the trustee, by observing, that, if a creditor of the trustee take the goods in execution, he will himself become a trustee by construction of equity.(e) Assets in the hands of an executor are regarded even by the common law as a species of trust property, and in respect of them has ingrafted upon itself a quasi equitable jurisdiction : thus, if an executrix marry, she may by will, without the consent of her husband, appoint an execu- tor in whom the assets will vest, and who will thus become the executor of the original testator ;(/) and though the husband during the cover- r*9R9"i ^^'^^ ^^^ power to dispose of the assets in the course *of adminis- L "^ -I tration,(7) he will not be entitled to them in his marital right by survivorship. ^/A Nor can the assets be taken in execution for the debt of the executor ;((') and, if he commit felony or treason, they are exempted from forfeiture to the king ;(/(;) and if the executor die intes- tate, instead of vesting in his administrator, they vest in the administra- tor de bonis non of the testator. (/) A trust estate, whether real or personal, may at law, be conveyed, assigned, or incumbered by the trustee like a beneficial estate; and, if there be co-trustees, each may exercise the like powers of ownership over his own proportion. And, as the trustee may dispose or the property in his lifetime, so he may devise or bequeath it at his death. But a trust estate will not in all cases pass hy the same xcords in a will as a beneficial ownership would, for wherever the estate does not pass by operation of law solely, but through the medium of the intention, it becomes necessary, in order to ascertain the effect of the instrument, to take into consideration the particular circumstances of the trust. Whether a trust estate shall pass inclusively in a general devise, is a question that has been frequently under discussion. The rule as origi- nally established was, that a general expression would carry a dry trust (c) Burdett v. Rockey, 1 Yern. 58, per Cur. id) Farr v. Newman, 4 T. R. 647. (e) Foley v. Burnell, 1 B. C. C. 278. (/) Scammell v. Wilkinson, 2 East, 552 ; Hodsden v. Lloyd, 2 B. C. C. 543, per Lord Thurlow. {g) Thrustout V. Coppin, 2 W. Black. Rep. 801. (A) Co. Lit. 351 a, 351 b; Stow v. Drinkwater, Lofft, 83. {i) Farr v. Newman, 4 T. R. 621. {k) Farr v. Newman, 4 T. R. 628, per Grose, J. [l] Ih.per eundera; Rachfield v. Careless, 2 P. W. 161, per Powis, J. OF THE LEGAL ESTATE IN THE TRUSTEE. 259 estate,(??i) but afterwards there were some misgivings upon the sub- ject ;(h) (1) and the court at last acceded to the proposition, that general words would not pass trust estates, unless there appeared a positive *intention that they should so pass.(o) The question was recon- ^^^ -, sidered before Lord Eldon, when the result of the cases, after a L ~ '''J careful examination of them, was declared to be, that, ichere the will contained loords large enough, and there was no expression authorising a narroioer construction, nor any such disposition of the estate as it U'lis unlikely a testator would make of property not his own (as complicated limitations, or any purpose inconsistent with as probable intention to devise as to let it descend,^ in such a case, the trust estate wotdd pass.(p) A charge of debts, legacies, annuities, &c., and a fortiori, a direction to sell, is considered a sufficient indication of an intention not to include a mere trust estate ;((y)and so where a testator gave, devised, and bequeathed to trustees all such real estates as were then vested in him by way of mort- gage, the better to enable his said trustees to recover, get in, and receive the principal moneys and interest which might be due thereon, it was ruled that the devise extended only to mortgages vested in the testator beneficially, and did not pass the legal estate of a mortgage in fee vested in him ujjon trust fov another.(r) Even where a testator, having a irut^t estate and also estates of his own, gave and devised " all his real estate, whatsoever and wheresoever, to Grace Thompson, her heirs and assigns, for ever, charged with 50Z. to his friend Watson,'^ it was held that the trust estate did not pass.(.s) *The expression " my real estates" will not restrict the mean- r^cpnA-i ing to those vested in the testator beneficially,^^ nor will a devise L J to A.; his heirs and assigns, " to and for his aud their own use and (m) Marlow v. Smith, 2 P. W. 198. (n) See Braybroke v. Inskii?, 8 Ves. 437. (0) Attorney-General v. Duller, 5 Ves. 340. Ip) Braybroke v. Inskip, 8 Ves. 436; see Roe v. Reade, 8 T. R. 118 ; Ex parte Morgan, 10 Ves. 101 ; Langford v. Auger, 4 Hare, 313. {q) Roe V. Reade, 8 T. R. 118; Duke of Leeds v. Munday, 3 Ves. 348 ; Attor- ney-General v. Duller, 5 Ves. 339 ; Ex parte Man hall, 9 Sim. 555 ; Ex parte Mor- gan, 10 Ves. 101 ; Sylvester v. Jarman, 10 Price, 78 ; Re Morley's Trust, 10 Hare, 293 ; see Wall v. Dright, 1 J. & W. 494. (r) Ex parte Morgan, 10 Ves. 101 ; and see Sylvester v. Jarman, 10 Price, 78 ; Ex parte Drettell, 6 Ves. 577. (s) Rackham v. Siddall, 16 Sim. 297, I Mac. & Gor. 607 : Hope v. Liddell, 21 Deav. 183. t (t) Draybroke v. Inskip, 8 Ves. 425. (1) The doubt appears to have originated in part. from an expression of Lord Hardwicke in Casborne v. Scarfe, 1 Atk. 605, that by a devise of all lands, tene- ments, and hereditaments, a mortgage in fee would not pass, unless the equity of redemption were foreclosed. Dut Lord Hardwicke was not speaking here of the legal estate, but of the beneficial interest in the mortgage. The same thing was said in the same sense in Strode v. Russel, 2 Veru. 625. Lord Hardwicke's au- thority has been cited on both sides of the question (compare Duke of Leeds v. Munday, 3 Ves. 348, with Ex parte Sergison, 4 Ves. 147) ; but that he approved of the old rule is evident from Ex parte Dowes, cited in Jlr. Sanders's note to Cas- borne v. Scarfe, 1 Atk. 605. Lord Northington and Lord Thurlow are said to have entertained the same opinion. (See Ex parte Sergison. 4 Ves. 147 ; but, as to Lord Thurlow, see an obiter dictum, Pickering v. Vowles, 1 B. C. C. 198.) 260 LEWIN ON THE LAAY OF TRUSTS, ETC. henefitj"{xi) nor a devise to A. and her heirs, to be disposed of by her by will or otherwise, as she may think ^t;{y) though under a devise to a woman for her separate iise, as the words import a beneficial enjoyment, a dry legal estate will not pass.(?r) Again, a devise to A. and B., "to be equally divided between them as tenants in common and to their respective heirs," will pass the trust estate. (.r) But where lands are limited in strict settlement, with a vast number of limitations, contingent remainders, executory devises, powers of jointuring, leasing, and raising sums of money, it cannot for an instant be supposed the testator meant to include any lands of which he had not the absolute disposition ;(_y) and the same construction will prevail even when the estate is devised to A. for life or in tail with remainder over.(2) The question whether the legal estate in a mortgage in fee passes, requires a separate consideration. The mortgagee has a beneficial inter- est in the property, as a security, a distinction not always sufficiently adverted to, but which is strongly in favour of the legal estate passing to the person who is to receive the mortgage money.(«) Hence the deci- sions establishing that the legal estate passes by a general devise of securi- ties for money, {l>\ and that in the case of such a bequest neither a r*9Rf^T *g6i^6ral trust to sell and convert,(c^ nor a charge of debts,(f7) will L J prevent it from passing; and it is conceived, notwithstanding a former decision of the court of exchequer,(^] that the case of a general devise and bequest of real and personal estate charged with debts admits of no substantial distinction. The rule that trust estates will pass under a general devise assumes that a testator by making such a devise does not commit a breach of trust, otherwise general words would not have been construed to carry the trust estate. However, it was observed in one case by the late vice- chancellor of England that in his opinion it was not lawful for a trustee to dispose of the estate, but that he ought to permit it to descend ; and that there was no substantial distinction between a conveyance Vn^er?;iros, and a devise, for the latter was nothing but a po.s'< mortem conveyance. (/) But Lord Langdale considered that there was a wide distinction between a conveyance in the trustee's lifetime and a devise by his will ; for dur- (m) Ex parte Shaw, 8 Sim. 159 ; Bainbridge v. Lord Ashburton, 2 Y. & C. 347; Sharpe v. Sharpe, 12 Jur. 598 ; and compare Ex parte Brettell, 6 Ves. 57/, with Braybroke v. Inskip, 8 Ves. 434. {v) Ex parte Shaw, 8 Sim. 159. (w) Liudsell v. Thacker, 12 Sim. 178. The marginal note of the Report is quite contrary to the decision. [x) Ex parte Whitacre, at the Rolls, July 22, 1807, cited 1 Sand. Uses & Trusts, 359, 4th ed. See Re Morley's Trust, 10 Hare, 293. (?/) Braybroke v. Inskip, 8 Ves. 434, per Lord Eldon. (z) Thompson v. Grant, 4 Madd. 438 ; overruling Ex parte Bowes, cited in Mr. Sanders's note to Casborne v. Scarfe, 1 Atk. 605 ; Re IIorsf\all, 1 Maclel. & Younge, 292 ; Galliers v. Moss, 9 B. & Cr. 267. (a) Doe V. Bennett, 6 Exch. 892 ; and comments of Vice-Chancellor Kindersley on this case, Re Cantley, 17 Jur. 124. (6) King's Mortgage, 5 De Gex & Sm. 644, and cases there reviewed. YJ ^ parte Barber, 5 Sim. 451 ; Mather v. Thomas, 6 Sim. 115. (rf) Field's Mortgage, 9 Hare, 414, overruling Renvoize v. Cooper, 10 Price, 78 ; Knight V. Robinson, 2 K. & J. 503. («) Doe V. Lightfoot, 8 M. & W. 553. (/) Cook v. Crawford, 13 Sim. 98. OF THE LEGAL ESTATE IN THE TRUSTEE. 261 iDO' his life he had a personal discretion confided to him, which he could not delegate, but the settlor could not have reposed any personal confi- dence in the trustee's heir, for it could not be known beforehand who such heir would be; and that if the estate were allowed to descend, it might become vested in married women, infants, or bankrupts, or persons out of the jurisdiction ; and he could not therefore hold it to be abroach of trust to transmit the estate by will to trustworthy devisees. (^) The propriety or impropriety of a devise of trust estates must evidently depend on all the circumstances of the case. If an estate be conveyed to A. and his heirs upon trust, that A. and his heirs shall execute the trust, it is considered that, in the absence of special circumstances, the trustee ought not to be break the natural devolution of the trust by passing the legal estate to a devisee, while the trust was confided to *the heir; and r*266-| in such a case, the assets of the trustee might perhaps be held L -• liable for the costs of restoring the trust to its proper channel. (A) But it is conceived that if the heir apparent or presumptive were an infant, bankrupt, insolvent, lunatic, feme covert, or out of the jurisdiction, it would be a proper act to transmit the estate to a devisee. How far a devisee of the trust estate can execute the trust, will, of course, depend on the intention of the settlor. Thus, real or personal estate may be vested in A. upon trust, that A., personally, shall execute the trust; and in this case, the heir or executor of A., though he take the legal estate, cannot act as trustee. ({) A fortiori in that case the devisee would be a mere depository of the legal estate, without any autho- rity to execute the trust. (Z:) So, if a settlor vest an estate in A. upon trust, that A. and his heir shall sell, &c. ; a devisee being the hceres factus only, and not the hceres natns, cannot exercise the power.(?) But it most frequently happens that an estate is vested in A. upon trust, that A., his heirs and assigns, shall hold upon the trusts : and the question then is, whether a devisee of A. may, as falling under the description of assigns, not only take the estate, but also execute the trust ? In a late case, where the settlement contained no power of appointment of neio trustees, it was held, that as a conveyance in the lifetime of the trustee to a stranger would have been a breach of trust, the word assign could mean only a devisee taking under a j^ost mortem conveyance, when the personal confidence in the trustee necessarily ceased ; and the court, on a bill filed by the cestuis que trust for the appointment of new trustees, refused the relief prayed on the ground that the devisees had not only the legal estate, but were properly trustees within the scope of the settlor's intention. (wi) (g) Titley v. Wolstenholme, 1 Beav. 435 ; and see Macdonald v. Walker, 14 Bear. 556; Wilson t. Bennett, 5 De Gex & Sm. 479. (h) See Cook v. Crawford, 13 Sim. 98. (i) See Mortimer v. Ireland, 11 Jur. 721. (yt) Mortimer V. Ireland, 11 Jur. 721; S. C. before Vice-Chancellor Wigram, 6 Hare. 196. . . . , {ij Cook V. Crawford, 13 Sim. 91 ; Beasley v. Wilkinson, 13 Jur. 649 ; m which case a devise by a sole surviving devisee in trust of all estates, M-hich at his decease might be vested in him as trustee, and which he could devise tcithout breach of trust, was held by the vice-chancellor of England to pass trust estates. (m) Titley v. Wolstenholme, 7 Beav. 425, referred to without disapprobation by Lord Cottenham in Mortimer v. Ireland, 11 Jur. 721. 2G2 LEWIN ON THE LAW OF TRUSTS, ETC. This case went to the utmost verge, and, indeed, cannot be L "'"'J *implicitly relied upon ; for even where there is no power of appointment, the word "assigns" may be satisfied by holding it to mean a dowress, tenant by the curtesy, or in a case prior to the act excepting trust estates from forfeiture, the lord taking by forfeiture, who are assigns in law. It is, however, at all events clear, that should the settlement contain a power of appointment of new trustees, the word assigns could then receive the construction of persons lawfully appointed under the power, and a devisee would be construed not to be a trustee. Thus, in Fordyce v. Willis(?t) a discretionary trust was limited to trustees, their heirs and assi(/ns ; but the court held, that trustees appointed by the court were not assigns within the contemplation of the power. In the recent case of Wilson v. Bennett,(c) the two devisees of the surviving trustee contracted to sell, and the title was held by Vice-Chan- cellor Knight Bruce to be too doubtful to be enforced. It was after- wards discovered that one of the devisees was also the heir of the sur- viving trustee ; but Sir James Parker still held the title to be too doubt- ful, on the ground that the testator had never contemplated such an event as that the estate should vest in the successor and the power go to another. He added, that it would often be the duty of a trustee to take care that the legal estate did not vest in a lunatic, or a person out of the jurisdiction, or otherwise unfit, and for that purpose to devise it 5 but in every case the question was, whether the devise was in accordance with the title under which the trustee held. It will be borne in mind, in explanation of this case, that if an estate be limited to A. and his heirs upon trust, and A. devises the estate, there is in fact no heir ; for the settlor must have meant the heir in respect of the trust estate, and by the devise the descent has been broken and there is no heir. In another case,(^)) where leaseholds were assigned to two trustees, their executors and administrators, upon trust; and the surviving trustee devised the leaseholds to A. and B. upon the same trusts, and appointed r*9pQ-i ■^^•' -^-J ^"^ ^- executors : on *a petition by A. and B. to the court L " J to have a trust fund, the proceeds of the leaseholds, paid out to them, Yice-Chancellor Kindcrsley refused, observing, that the surviving trustee had no authority to bequeath the execution of the trust, but could only pass the legal estate. The petition was then amended by joining C. as a co-petitioner, so that the petition was now that of the legatees, and also of the executors ; but the vice-chancellor still refused, on the ground that the testator had himself declared, that his executors as such should not be trustees, and, therefore, since by the bequest, he had taken the legal estate from those who ought to have been trustees, there must be an appointment of new trustees. A vendor, after the contract for sale, but before the completion of it, is a trustee for the purchaser sub modo only, and the estate will pass by a general devise in his will, where it would not have been included had the testator been a mere and express trustee. " A constructive and a naked trustee," said Sir T. Plumer, " for many purposes stand in diflfer- (n) 2 Phil. 497. (0) 5 Dc G. & Sm. 475. (p) Re Bum's Estate, 1 Drew. 319. OF THE LEGAL ESTATE IN THE TRUSTEE. 263 ent situations. A mere trustee is a person who not only has no beneficial ownership in the property, but never had any, and could therefore never have contemplated a disposition of it for his own purposes. A vendor was at one time both the legal and beneficial owner, and may again become so if anything should happen to prevent the execution of the contract. It may turn out the title is not good, or the purchaser may be unable to pay, or he may become bankrupt. The purchaser is not entitled to the possession unless stipulated for, and if he should take possession it would be a waiver of any objections to the title. If the purchase-money has not been paid, a court of equity would restrain him at the instance of the vendor." And upon these grounds his honor held in the case that elicited the above remarks, that an estate which was the subject of a contract was included in a general devise to trustee though upon trust to sell. (5) As the dry legal estate in the hands of the trustee is affected by the operation of law, and may be disposed of by the act of the trustee, pre- cisely in the same manner as if it were vested *in him benefi- p2691 cially, so it confers upon him all the legal privileges, and sub- L "" J jects him to all the legal burdens, that are incident to the usufructuary possession. (r) Thus the trustee can bring any action respecting the trust estate in a court of law, the cestui que trust, though the absolute owner in equity, being at law regarded, as a general rule, in the light of a stranger.(.s) So the trustee of a manor is the person to appoint the steward of it,(/) and the trustee of an advowson to present to the church, («) but in either case he has the mere legal right, and is bound in equity to observe the directions of his cesftii que trust.(^v^ So where a debtor to the trust estate becomes bankrupt, the trustee is the person to prove for the debt, and that without the concurrence of the cestid que frust,{u-) unless it be such a simple trust as where A. is trustee for B. absolutely, and then it rests in the discretion of the com- missioners to require the concurrence of the cestui que trust; for who knows but that B. may have already received the money ?(ic) And originally the trustee as the legal proprietor had the right of voting for coroners j(^)(l) but by the 58 G-. 3, c. 95, sect. 2, it was (q) Wall V. Bright, IJ. & W. 494. (r) Burgess v. Wbeate, 1 Ed. 251, per Lord Northington. (s) See Allen v. Imlett, Holt, 641 ; Gibson v. Winter, 5 B. & Ad. 96 ; May v. Taylor, 6 M. & Gr. 261. {() Mott V. Buxton, 7 Ves. 201 ; and see Gary, 14. («) See in Re Shrewsbury School, I M. & Cr. 6i1 ; Hill v. Bishop of London, 1 Atk. 618. (v) Attorney-General v. Parker, 3 Atk. 577, per Lord Hardwicke ; Attorney- General V. Forster, 10 Ves. 338, per Lord Eldon ; Attorney-General v. Newcombe, 14 Ves. 7, per eundcni ; Kensey v. Langham, Gas. t. Talb. 144, per Lord Talbot; Amhurst v. Bawling, 2 Vern. 401 ; Barrett v. Ghibb, W. Black. Rep. 1053, per De Grey, J. (w) Ex parte Green, 2 Deac. & Ghit. 116, per Cur. (x) Ex parte Dubois, 1 Gox, 310 ; and see Ex parte Battier, Buck, 426 ; Ex parte Gray, 4 D. & Gh. 778. {y) Burgess v. Wheate, 1 Ed. 251, as to the right of the cestui que tnist to vote for coroners, see pp. 592, 593, (1) And Lord Northington added for "sheriffs," (Burgess v. Wheate, 1 Ed. 26-i LEW IN ON THE LAW OF TRUSTS, ETC. enacted, ttat " no person should be allowed to have any vote for or by reason of any trust estate or mortgage, unless such trustee or mortgagee r*9-m should be in actual possession *or receipt of the rents and pro- L "^ J fits of the same estate, but that the mortgagor or cestui que trust in possession should vote for the same." So the trustee was the person entitled at common laic to vote for members of parliament ;[z) but by the 8 H. 6, c. 7, it was enacted that every elector should have " a freehold of the value of forty shillings a year at the least, ahove all charges," and the sheriff was authorised to " examine every elector upon oath how much he might expend by the year," and 'af he could not expend forty shillings ly the year," he was disabled from voting. It can scarcely be doubted that from the time of this enactment a trustee, had the sheriff questioned his qualifica- tion, could not have satisfied the requisitions of the act ; but the sheriff probably did not exercise this right of interrogation, and therefore the trustee, as he was i\\Q freeholder, though he could not expend the rents, was allowed to continue in the enjoyment of the franchise, particularly as the cestui que trust, who had not the freehold, was at all events excluded. The 7 & 8 Gul. 3, c. 25, s. 7, enacted, that " no person should vote for or by reason of any trust estate or mortgage, unless such trustee or mortgagee was in actual possession or receipt of the rents and profits of the same, but that the mortgagor or cestui que trust in posses- sion should vote for the same. By the effect of this clause, the cestui que trust, if in possession, was now for the first time entitled to a vote, and the trustee in that case was expressly excluded from the privilege ; if the trustee was in possession or in receipt of the rents and profits, the legislature, without any positive enactment, seems to have regarded the trustee as qualified by the trust estate to be an elector. The 10 Anne, c. 23, s. 2, declared, that " no person should vote who should not have received the rents or profits, or be entitled to have received the same to the full value of forty shillings or more to his oicn iise for one year before such election." The statute of 11. 6, had apparently excluded the trustee, the statute of William had expressly disabled him if not in actual possession or in receipt of the rents and profits ; and now by this |-^(^-.,-j last enactment of Anne he was incapacitated from *giving a vote L -'in any case. By the same statute, any candidate or voter was authorised to administer an oath to the elector at the time of polling, but, among the qualifications particularly enumerated in the oath, that of "receipt of the rents and profits to his own use for one year before the election" was by some oversight omitted. This defect was afterwards remedied by the 18 Gr. 2, c. 18, s. 1, which incorporated into the oath the declaration that the elector had been ^^ in the actual possession or receipt of the rents and prof Is to his own use for two calendar months" before the election. It must be observed that the words " actual posses- (z) Burgess v. Wheate, 1 Ed. 251, per Lord Northington. 251 ;) but the election of sheriffs had been transferred from the people to the chancellor, treasurer, and judges, by 9 E. 2, st. 2, before the establishment of trusts. OF THE LEGAL ESTATE IN THE TRUSTEE. 265 sion, or receipt of the rents and profits/' correspond to the expression in the statute of Anne, " who shall not have received the rents and profits to his own use/' and therefore the words " to his own use" in the sta- tute of George must be taken to have applied to '^ actual possession" as well as to " the receipt of the rents and profits." The Reform Act,(a) by the 23rd section, re-enacted the provision of the statute of William 3, before referred to ; and by the 26th section declared that, " notwith- standing anything thereinbefore contained, no person should be regis- tered in any year in respect of his estate or interest in any lands or tene- ments as a freeholder, copyholder, &c., unless he should have been in the actual possession thereof, or in receipt of the rents and profits thereof for his oum use, for six calendar months previous to the last day of July in such year /' thus, it would seem, leaving the law in respect of trus- tees precisely on the same footing as it stood before the act was passed. All doubt, however, was removed by the 6th Vict. c. 18, the 74th sec- tion of which enacts, that " no trustee of any lands or tenements shall in any case have a right to vote in any such election for or by reason of any trust estate therein, but that the cestui que trust in actual possession or in the receipt of the rents and profits thereof, though he may receive the same through the hands of the trustee, shall and may vote for the same notwithstanding such trust." Again, the trustees are liable to be rated for the property vested in them,(&) unless they are trustees exclusively for ^public pur- r*2721 poses without any profit to themselves or a particular class. (c) L "'J The trustee of a copyhold must pay a fine on his admission, (cZ) and on his decease a heriot becomes due to the lord.(<3) But, where two or more trustees have been admitted yoi"n%, on the decease of one neither fine nor heriot is due ; not a fine for admission, because, joint tenants being seised j)er my et per tout, the estate has vested in the survivors by the original grant, and not a heriot, because, however many in number the trustees may be, they u\\ form but one tenant to the lord, and there- fore no heriot is demandable until the death of the longest liver.(/) Where a number of trustees are admitted as the joint owners of the trust estate, the fine is to be assessed upon the following principle : for the first life is to be allowed the fine usually paid on the admission of a single tenant, on the second life one-half the sum taken for the first, and on the third one-half the sum taken for the second, &c. ; the result of which will be, that, however great the number of the trustees admitted, the amount of the whole fine will never be double of that paid upon the first life.ff/) And on every change of trustees the same fine is demand- able : even where some of the surrenderees are the survivors of the old (a) 2 Gul. 4, c. 45. {b) Queen v. Sterry, 12 Ad. & Ell. 84. (c) Regina v. Shee, 4 Q. B. Rep. 2 ; Mayor of Manchester v. Overseers of Man- chester, 17 Q. B. Rep. 859; Queen v. Harrogate Commissioners, 15 Q. B. Rep. 1012. {d) Earl of Bath v. Abney, 1 Dick. 260 ; S. C. 1 Bur. 206. (e) Trinity College v. Browne, 1 Vern. 441 ; see Car v. Ellison, 3 Atk. 77. (/) See 2 Watk. Cop. 147. (V) Wilson V. Hoare, 2 B. & Ad. 350, see 360 ; 10 Ad. & Ell. 236, and 1 Scnvcn, Copyh. 393, 394, 3rd edit. 2G6 LEWIN ON THE LAW 01 TRUSTS, ETC. trustees, for tbey take a new estate. (/«) Though the manorial burdens fiill upon the trustee personally at law, he is of course entitled in equity to reimburse himself the expenditure out of the profits of the estate. (/) If a trustee carry on a trade in the due execution of his trust, he makes himself amenable to the operation of the bankrupt law in the same manner as if he had traded for his own benefit,(A-) and on his decease his lands were liable under *Sir Samuel Romilly's Act(/) L J to the discharge of simple contract debts.(?>i) II. Of the legal estate in the trustee with reference to the construction of particular statutes. 1. By the 12 & 13 Vict. c. 106, ss. 141, 142, it is enacted, that " all the personal estate, present and future, of the bankrupt, whersoever the same may be found or known, and all property which he may purchase, or which may revert, descend, be devised or bequeathed, or come to him before he shall have obtained his certificate, and all lands, tenements, and hereditaments, except copyhold or customaryhold, to which the bankrupt is entitled, and all interest to which such bankrupt is entitled in any of such lands, tenements, or hereditaments, and of which he might have disposed, and all such lands, tenements, and heredita- ments as he shall purchase, or shall descend, be devised, revert to, or come to such bankrupt before he shall have obtained his certificate," shall vest in the assignees of such bankrupt. The operation of the bankruptcy acts was thus commented upon by Lord Chief Justice Willes : — " The assignees," he said, " under a com- mission of bankruptcy, are not to be considered as general assignees of all the real and personal estate of which the bankrupt was seised and possessed, as heirs and executors are of the estate of their ancestors and testators, for nothing vests in the assignees even at law but such real r*2741 ^^^ ^personal estate of the bankrupt in which he had the equita- L -I ble as well as legal interest, and which is to be applied to the payment of the bankrupt's debts."(7i) It is clear, therefore, that, in the case of a hare trust, the property, {h) Sheppard v. Woodford. 5 Mees. & Welsb. G08 ; but see Wilson v. Hoare, 10 Ad. & Ell. 236. {i) Rivet's case, Moore, 890. (k) Wigbtman v. Townroe, 1 M. & S. 412 ; Ex parte Garland, 10 Ves. 119, per Lord Eldon ; Hankey v. Han^mond, cited iu marginal note to 1 Cooke's Bank. Law, 84, 3d ed. {I) 47 G. 3, c. 74. Repealed, and re-enacted by 11 G. 4, and 1 Will. 4, c. 47. Now by 3 & 4 W. 4, c. 104, tbe lands of all persons, traders or otherwise, are lia- ble to their simple contract debts. (m) Longuet v. Hockley, Feb. 16, 1836, Exch. MS. Moss Levy, a trader in part- nership with his brother Lewis Levy, and his cousin Walter Levy, devised and be- queathed all his real and personal estate to Hockley, upon trust to convert the same into money, and to stand possessed of the proceeds upon certain trusts in the will mentioned. Hockley, in breach of his duty, continued the business with the two co-partners in the name of the testator, and died indebted to the trust estate in the sum of llOOZ., and without leaving sufficient personal assets. Baron Alderson held clearly, that Hockley was a trader within the meaning of the sta- tute, and that his lands were liable for the money due to the trust. (n) Scott V. Surman, Willes, 402. OF THE LEGAL ESTATE IN THE TRUSTEE. 2G7 whether real(o) or personal,(p) will not vest by the bankruptcy in the assignees, even at late And the proposition applies not only to the case of express trustees, but also oi trustees virtute ojiicii, as executors, adminis- trators, ((/) factors,(rj &c. And, where the trust estate or fund has been converted into property of a different character, the new acquisition will equally be protected against the effects of the bankruptcy; for the product or substitute of the original thing must follow the nature of the thing from which it proceeded. (.s) Thus, if goods consigned to a factor be sold by him and reduced into money, so long as the money can be identified, as, where it has been kept in bags, the employer, and not the creditors, will have the benefit of that specific sum.(/) When money is said to have no ear- mark, the meaning is no more than this, that, being the currency of the country, it cannot be followed when once it has passed in circulation. (w) So, if the factor sell the goods and take notes in payment, the value of the notes, notwithstanding the bankruptcy, may be recovered by action from the assignees ;(i') for, though *negotiable securities r^pyK-i are said, like money, to have no ear-mark, the expression does L "^ J not intend that such securities in the hands of a bankrupt have run into the general mass of his property, and pass to his assignees, but only that negotiable securities, as a circulating medium in lieu of money, cannot be recovered from a person to whom they have been legally negotiated ; and it is clear that notes, should they fall into possession otherwise than in a due course of circulation, do not become the proper- ty of the person into whose hands they come, but may be followed by the original possessor, (w) So, if a factor sell the goods of his employer for money payable at a future day, and become bankrupt, and the assignees receive the money, they will be answerable for it to the merchant by whom the factor was employed, (x) In another case the conversion had been in hreacJi of the factor's (o) Ex parte Gennys, 1 Mont. & Mac. 258 ; Houghton v. Kocnig, 18 Com. B. Re. 235. (p) See Winch v. Keeley, 1 T. R. 619 ; Carpenter v. Marnell, 3 B. & P. 40 ; Glad- stone V. Hawden, 1 M. & S. 517. (q) Howard v. Jemmet, 3 Bur. 1369, per Lord Mansfield; Ex parte Butler, 1 Atk. 213, per Lord Hardwicke ; Viner v. Cadell, 3 Espin. 88 ; Farr v. Newman, 4 T. R. 629, per Grose, J.; see Ex parte Ellis, 1 Atk. 101. (r) Godfrey v. Furzo, 3 P. W. 186, per Lord King; Tooke t. Hollingworth, 5 T. R. 226, per Lord Kenyon; L'Apostre v. Le Plaistrier, cited Copeman v. Gallant, 1 P. W. 318 ; Delauney v. Barker, 2 Stark. 539; Boddy y. Esdaile, 1 Car. & P. 62 ; see Ex parte Dumas, 2 Ves. 582 ; S. C. 1 Atk. 232 ; Paul v. Birch, 2 Atk. 623 ; Rvall V. Rolle, 1 Atk. 172; Ex parte Chion, note (A) to Godfrey v. Furzo, 3 P, W. 187. (s) See Taylor v. Plumer, 3 M. & S. 575 ; Scott v. Surman, Willcs, 404. [t) Tooke V. Hollingworth, 5 T. R. 227, per Lord Kenyon ; see Taylor v. Plu- mer, 3 M. & S. 571. (u) Miller v. Race, 1 Bur. 457, per Lord Mansfield; see Taylor v. Plumer, 3 M. &S. 571. (v) Anon, case, cited Ex parte Dumas, 2 Ves. 586. (w) Hartop v. Hoare, 3 Atk. 50, per Lee, C. J.; Miller v. Race, 1 Burr. 457. (x) Ryall V. Rolle, 1 Atk. 172, per Burnet, J.; Taylor v. Plumer, 3 M. & S. 577 ; Zlnck V. Walker, 2 W. Bl. 1154 : Garrat v. CuUum, BulL N. P. 42. 268 LEWIN ON THE LAAV OF TRUSTS, ETC. fjuty ;(y) and it was argued, that, as the principal would not have been bound to accept the property which the agent had wrongfully purchased, the court ought to give a lien to the principal upon the tortious acquisi- tion ; but the court said, it was impossible that an abuse of trust could confer any right on the person abusing it, or those claiming in privity with him.(2;) Where the legal property does not pass, any action against the assig- nees must be brought by the bankrupt himself, for he is the person possessed of the legal right 5(22) but, in the case of a factor, an action mav also be brought by the principal, for the absolute property remains with the employer, and a special property only vests in the agent.(a) But, if hills be remitted to a factor, and made payable to him or his order, it has been doubted whether the property does not so vest in the *factor that no action of trover can be maintained by the princi- L -^'^J pal.(i) If the property possessed by the bankrupt in his character of trustee has become so amalgamated with his general property that it can no longer be identified, the representative of the trust has then no other remedy but to come in as a general creditor, and prove for the amount of the loss.(o) But, in one case, though the trust money had got into the general fund, it was held, but under very particular circumstances, that it had subsequently got out again.(^d'^ As a general rule, where the bankrupt has a substantial beneficial interest, however small, in property legally vested in him, such property passes to the assignees, who take as trustees for the creditors and other parties interested. (e) It is conceived, however, that the rule would not apply to a case where a bankrupt is clearly and expressly a trustee, though he may himself have some partial beneficial interest, for his act ought not to work a prejudice to others. And there can be little doubt that the court would, in a case of express trust, appoint new trustees, either under the 130th section of the Bankrupt Consolidation Act^/) or its general jurisdiction. Where the trust is constructive and the equity doubtful the court has sometimes directed the assignees to concur in conveying. (y) And where the legal property passes, the cestuis que trust may have the same relief in equity against the asssignees, as they would have been entitled to against the bankrupt himself.(/i) (y) Taylor v. Plumer, 3 M. & S. 562 ; see Rvall v. Rolle, 1 Atk. 172. [z] Taylor v. Plumer, 3 M. & S. 574, per Lord Ellenborough. (zz) Winch v. Keeley, 1 T. R. 619; Carpenter v. Maruell, 3 B. & P. 40. (a) L'Apostre v. Le Plaistrier, cited Copeman v. Gallant, 1 P. W. 318; Dclau- ney v. Barker, 2 Stark. 539; Boddy v. Esdaile, 1 Car. 62. (b) Ex parte Dumas, 2 Ves. 583. (c) Ex parte Dumas, 1 Atk. 234, per Lord Hardwicke ; Ryall v. Rolle, 1 Atk. 172, per Burnet, J.; Scott v. Surman, Willes, 403, 404, per Willes, C. J. {d) Ex parte Sayers, 5 Ves. 169. (e) Carpenter v. Marnell, 3 Bos. & Pull. 40 ; Parnham v. Hurst, 8 M. & W. 743; Leslie V. Guthrie, 1 Bing. N. C. 697 ; D'Arnay v. Chesneau, 13 M. & W. 809. (/) Ex parte Cousen, 1 De Gex, 451 ; in which particular case, however, the wording of the section created a difficulty. iff) Bennet v. Davis, 2 P. W. 316 ; Ta'ylor v. Wheeler, 2 Vern. 564 ; Ex parte Gennys, Mont. & Mac. 258. (h) Bennet v. Davis, 2 P. W. 316; Taylor v. Wheeler. 2 Vern. 564; Mitford v. OF THE LEGAL ESTATE IN THE TRUSTEE. 209 *By the 12 & 13 V. c 106, s. 125, it is enacted, that '< if r^oy^-i any bankrupt, at the time he becomes bankrupt, shall by the L " J consent and permission of the true owner thereof ha-Ye in his possession, order, or disposition, any goods or chattels whereof he was reputed owner, or whereof he had taken upon him the sale, alteration, or dispo- sition as owner, the court shall have power to order the same to be sold and disposed of for the benefit of the creditors under the bankruptcy." It has been decided that this enactment does not apply where the possession of the goods by the bankrupt can be satisfoctorily accounted for by the circumstances of the title, as, if a trustee be in possession of effects upon trust for payment of debts, and become bankrupt,(i) or if goods be vested in A. upon trust to permit B. to have the enjoyment during his life, and B. becomes bankrupt while in possession under his equitable title ;[k) but if a residue be given to trustees upon trust to sell with all convenient speed, and to invest the proceeds in the purchase of an annuity for the lives of A. (one of the trustees) and her children, the amount to be paid to A. for the benefit of the children : if, instead of selling, the trustees permit A. to retain possession for a length of time, the goods are forfeited, such possession being contrary to the title. (/) The enactment does not extend to a lawful and necessary possession en aider droit, as that by executors and administrators 5 (m) but there will be no exemption from the forfeiture if the executor can be proved to have dismissed the character of personal representative, and to have assumed that of absolute owner. («) [*278] *Whether the permission of a bare trustee can be said to be that of the "true owner," to the prejudice of innocent cestnis que trvat, is a question of some difficulty, but which upon principle should, it is conceived, be answered in tlae negative. (0) It has been decided that a cestui que trust absolutely entitled is a true owner within the meaning of the clause. (^) Upon the same principle must be excepted from the operation of the clause the possession of goods by factors in the ordinary course of trade. (^) Mitford, 9Ves. 100, per Sir W. Grant; Ex parte Dumas, 2 Ves. 585, per Lord Hard- wicke; Hinton v. Hinton, 2 Ves. 633, per eundern ; Grant v. Mills, 2 V. & B. 309, per SirW. Grant; Tyrrell v. Hope, 2 Atk. 558; Bowles v. Rogers, 6 Ves. 95, note (a) ; Ex parte Hanson, 12 Ves. 349, per Lord Eldon ; Ex parte Coysegame, 1 Atk. 192; see Mestaer v. Gillespie, II Ves. 624; Ex parte Herbert, 13 Ves. 188 ; Waring v. Coventry, 2 M. & K. 406. (i) Copeman v. Gallant, 1 P. W. 314. (k) Ex parte Martin, 19 Ves. 491 ; S. C. 2 Rose, 331 ; see Ex parte Horwood, 1 Mont. & Mac. 169 ; Mont. 24; Jarman v. Wooloton, 3 T. R. 618 ; Ex parte Massey, 2 Mont. & Ayr. 173; Ex parte Elliston, 2 Mont. & Ayr. 365 ; Ex parte Greaves, 2 Jur. N. S. 651 ; Re Bankhead's Trust, 2 Kay & Johns. 560. {I) Ex parte Moore, 2 Mont. D. & De G. 616 ; and see Fox v. Fisher, 3 B. & A. 135; Ex parte Thomas, 3 Mont. D. & De G. 40. {m) Ex parte Marsh, 1 Atk. 158 ; Joy v. Campbell, 1 Sch. & Lef. 328. {n) Fox V. Fisher, 3 B. & A. 135 ; Ex parte Moore, 2 Mont. Deac. & De G. 616 ; Ex parte Thomas, 3 Mont. Deac. & De G. 40 ; see Quick v. Staines, 1 B. & P. 293 ; Whale V. Booth, cited Farr v. Newman, 4 T. R. 625, note [a). {0) Compare Ex parte Dale, Buck, 365 ; Ex parte Richardson, Buck, 480 ; Ex parte Ilorwood, 1 Mont. & Mac. 169, Mont. 24; Viner v. Cadell, 3 Esp. 88. (p) Ex parte Burbridge, 1 Deac. 131, 4 Deac. & Ch. 87. {q) Mace v. Cadell, Cowp. 232; Ex parte Pease, 19 Ves. 46, per Lord Eldon; February, 1858.— 18 270 LEWIN ON THE LAW OF TRUSTS, ETC. 2. By the Insolvent Act the real and personal estates of insolvents are made to vest in the assignees, and where goods or chattels are in the possession of an insolvent at the time of his arrest or other commence- ment of his imprisonment by the consent of the true owner, they are made to pass to the assignee as if they were the insolvent's own pro- perty.(r) Upon this enactment of the Insolvent Act we have only to remark, that, as it substantially follows the provisions of the Bankruptcy Act, it must in the analogous cases be governed by the same construction. 3. Judgments, at least so far as they affect lands {iox execution against goods and chattels is by common law,) derive their effect from certain statutory enactments. (s) Had trusts been established at the time these statutes were passed, the construction would probably have been the same as in the case of the bankruptcy and insolvency acts, that is, judgments would have been held to bind those lands only of which the conusee was seised beneficially, but trusts at the period of which we are speaking had not made their appearance, and therefore judgments have been held to bind all lands r*97on *°^ ^^^ conusee, whether vested in him beneficially, or in the L " J character of trustee. But of course the cestui que trust will be protected from the legal process by application to a court of equity.(^) SECTION III. WHAT PERSONS TAKING THE LEGAL ESTATE WILL BE BOUND BY THE TRUST. The universal rule, as trusts are now regulated, is, that all persons who take through or under the trustee shall be liable to the execution of the trust. On the death of the trustee, the heir, executor, or administrator, becomes the legal owner of the property ; but as he merely represents the ancestor, testator, or intestate, he takes it in the same character, and is therefore bound by the same equity. So, if a trustee devise the estate, the devisee takes the estate subject to the trust.(i<) So all assigns of the trustee by acts inter vivos (exceTpt purchase7-s for valuable consideration icithout notice,) will be bound by the trust.(r) During the system of uses, and even for a short time subsequently to L'Apostre v. Le Plaistrier, cited Copeman v. Gallant, 1 P. W. 318 ; Whitfield v. Brand, 16 M. &W. 282. (r) 1 & 2 Vict. c. 110, ss. 3T, 57 ; and see 5 & 6 Vict. c. 116, s. 1 ; 7 & 8 Vict. c. 96, ss. 4, 17. (s) 11 E. 1 ; 13 E. 1, St. 1, c. 18; 13 E. 1, st. 3 ; 27 E. 3, st. 2, c. 9 ; see Co. Lit. 289, b. ')!))) r>S^^ Z^^^^ ^' ^^^^ °^ Winchelsea, 1 P. W. 277 ; Burgh v. Francis, 1 Eq. Ca. Ab. 320; Medley V. Martin, Finch, 63 ; Prior v. Penpraze, 4 Price, 99; Langton v. Hor- ton, 1 Hare, 560, per Sir. J. Wigram. (m) Marlow v. Smith, 2 P. W.201, per Sir J. Jekyll ; Lord Grenville v. Blvth, 16 Ves. 231, per Sir W. Grant. (^) See infra. [*281] OF THE LEGAL ESTATE IN THE TRUSTEE. 271 the statute of H. 8, assigns of the trustee in the per only, that is, by the immediate act of the trustee, as by assignment, were made liable to the trust ; but now assigns in the post, or by operation of law, are also invested with the character of trustees ; as if a trustee marry, the wife is at laio entitled to her dower, and if a female trustee marry, the husband is at law entitled to his curtesy, but in equity both the doioress{iv) and tenant hy the curtesy{x) are compellable to recognise the right of the ces- tui que trust. So a creditor of the *trustee extending the trust r*2801 estate under an elegit,{ij) or taking a trust chattel by writ of exe- L J cution,(,i) and, by the same rule, the assignees of a bankrupt or insolvent(a) are made subject to the equity. And if the trustee commit a. forfeiture, the lord, as he succeeds to the identical estate of the forfeitor, must take the property with all the engagements and incumbrances attached to it, and is therefore liable to the trust.(6) In the case of a forfeiture to the king, it was formerly held there was no equity against the crown ;(c) but in modern times the equity has been fully admitted, though the precise nature of the remedy has never been distinctly ascertained. (cZ) A lord taking by escheat stands on a somewhat different footing, for he is not an assign of the trustee either in the per *or post ; nor does he, as in forfeiture, succeed to the place of the trustee, but claims by a title paramount of his own, by virtue of a condition originally annexed to the land, and wholly independent of the creation of the trust. (w) Pawlett V. Attorney-General, Hard. 469, per Lord Hale ; Noel v. Jevon, Freem. 43 ; Hinton v. Hinton, 2 Ves. 634, per Lord Hardwicke. (x) Bennet v. Davis, 2 P. W. 319. (y) Pawlett V. Attornej'-General, Hard. 467, per Lord Hale; Kennedy v. Daly. 1 Sch. & Lef. 373, per Lord Redesdale ; Finch v. Earl of Winchelsea, 1 P. W. 277 ; Burgh V. Burgh, Rep. t. Finch, 28. In the late case of Whitworth v. Gaugain, 1 Cr. & Phil. 325, where a person made a deposit of title deeds, and then a judgment was entered up against him, Lord Cottenham expressed a doubt whether the judgment creditor, if he had no notice, would be bound by the prior equity. How- ever, such a doctrine was not tenable, for a judgment creditor is 7iot a purchaser for valuable consideration. Brace v. Duchess of Marlborough, 2 P. W. 491. He advances money, but not on the security of this estate. He may take the person of his debtor, or his goods and chattels, and if he is put in possession of the lands, it is not as purchaser of them, but by course of law. The cause was afterwards heard, and Lord Cottenham's doubts were displaced by a decision the other way, 3 Hare, 416; 1 Phil. 728. In Watts v. Porter, Q. B. 1 Jur. N. S. 134, three of the four judges, while approving of Whitworth v. Gaugain, refused to apply the prin- ciple of ft to a case of stock. The remaining judge differed, and held that in per- sonal as in real estate, the specific incumbrancer, though he gives no notice to the trustee, prevails over the judgment creditor, though he has obtained a charg- ing order. It is conceived that the single judge took the clearer view. Those who determined the other way, seem to have assumed that notice was necessary for the transfer of an equitable interest, which is not true, as between assignor and assignee, but only as between two contending assignees. The case has since been disapproved by the highest authorities, Beavan v. Lord Oxford, 2 Jur. N. S. 12L (z) Foley v. Burnell, 1 B. C. C. 278, per Lord Thurlow. (a) See supra, p. 276. (b) Burgess v. Wheate, 1 Ed. 203, per Sir T. Clarke; ib. 252, per Lord Henley. (c) Wikes's case, Lane, 54, agreed. (d) Burgess v. Wheate, 1 Ed. 252 ; and see Pawlett v. Attorney-General, Hard. 467, which was a case of forfeiture, though treated by Lord Hale as a case of escheat. And see supra, p. 30. .>72 LEWIN ON THE LAW OF TRUSTS, ETC. Lord Mansfield was of opinion, in Burgess v. Wheate, that a trust ought to be binding on the lord ; whether the escheat was to be looked upon as a reversion, which it once was, or as a caducary possession ah intestato, which his lordship conceived it to be in his day.(e) Considering the escheat as a reversion, his lordship contended that every alienation for creatino- a trust supposed a concomitant investiture to which the assent of the lord was implied, and therefore it followed that, on failure of heirs of the alienee in trust; the lord could not claim to his own use against the terms of the grant. But to this it may be answered — first, that, since the Statute of Quia Emptores, it is doubtful, whether any such assent of the lord can be supposed ; for, should it be optional with the lord to accept the alienee as his tenant or not, it would abridge the subject of that free power of alienation which the statute was intended to confer upon him. On the execution of the conveyance the alienee holds of the lord above, not by the lord's consent, but by the operation of law. But even admitting the lord to have assented by implication to the transfer of the land, it scarcely seems to follow that he is bound by the terms of the trust ; for if A. convey to B. and his heirs in trust for C. and his heirs, the assent of the lord to the alienation appears to amount only to this — that B. and his heirs shall be tenants of the estate, and shall, as such tenants, hold in trust for C. and his heirs, not that the lord himself will execute the trust, should his own title commence by the determina- tion of B.'s estate. But even supposing the lord to have expreasJij agreed to execute the trust in the event of an escheat, still, as on failure of heirs of the trustee the legal estate of the property becomes vested in the lord, could equity, consistently with established principles, enforce a convey- ance against him on a mere voluntary contract ? The verbal agreement -^ of the lord could in no wise be construed a declaration of trust, L "'-' for, *by the Statute of Frauds, every such declaration must be in writing and signed. Considering the escheat in the light of a caducary possession ah intestato, his lordship's argument was, that, as the lord can only take the estate ah intestato ahsolutely, he cannot assert a claim so far as the tenant has aliened, and inasmuch as the trustee by a declara- tion of trust makes a valid disposition of the estate in equity, it follows that a court of equity cannot sufi"er the land to vest in the lord, as if no disposition had been made. But to this it may be answered, that a dis- position hy loay of trust is of a totally difterent character from a dispo- sition of the legal estate. The latter is binding upon all, whether in the 2)er ox post, whether with notice or without, whether the grantee be a purchaser or volunteer ; but the existence of a trust depends on the equity against the legal tenant personally ; as, if the estate be purchased for a valuable consideration without notice, the trust is determined, and the cestui que trust is without remedy. It follows that, as the lord claims by a title of his own paramount to the creation of the trust, the court cannot take from him a lawful possession upon the ground of a trust declared by a stranger, and that subsequent to the commencement of the lord's right. A trust is binding only as hetween the cestui que trust and {e) Burgess v. Wheate. 1 Ed. 229. OF THE LEGAL ESTATE IN THE TRUSTEE. 273 the trustee, and all claiming hy and imder them, and does not affect the interest of a third person. (/) If an estate were settled on A. and his heirs, with a springing use on a certain event to B. and his heirs, a declaration of trust in fee by A. could not possibly, on the determination of A.'s estate, bind the interest of B. ; yet such a limitation over is hardly to be distinguished from the case of the lord's title by escheat. The only authorities adduced by his lordship in support of his position were the opinions said to have been expressed by Lord Chief Justice Bridgman and Sir John Trevor :(r/) but the words attributed to the former appear, from his own note-book, never to have been spoken ;(/i) and the observa- tion of Sir John Trevor was at the utmost a mere obiter dictum. Sir Thomas *Clarke, who assisted with Lord Mansfield in the case of r*283'l Burgess v. Wheate, declared ihs^t cestui que trust was no more re- L "" J lievable against the lord by escheat, than against a sale by the trustee to a purchaser without notice ;(i) and Lord Northington's inclination was apparently the same way, though, as the point was not necessarily involved in the question before him, he refused to conclude himself by any express and direct opinion. (Z;) Trusts also are shaped after the pattern of uses, and it is clear that the lord was not bound by a use. On the other hand it may be said that, whatever may be right on dry technical reasoning, there is an old authority for holding that the lord taking by escheat is liable to the trust,(?) and that in modern times the courts have acted on more liberal principles, and have decided that, where the fee out of which a mortgage term had been carved escheated to the lord, he was allowed to redeem,(??i) and if the lord take a benefit through the tenant why shall he not sustain an onus ? Indeed an opinion to that effect has recently fallen from the bench in Ireland, (?i) and should the point, notwithstanding the 13 & 14 Vict. c. 60, to be noticed presently, ever call for a decision, it is not unlikely that the court may adopt that view. In copyholds there is, properly speaking, no such thing as escheat. The freehold and inheritance are vested in the lord of the manor, and the tenant has no claim but as the lord signifies his pleasure by the entry on the court roll. If the tenant be a trustee, and no trust appears on the roll, there can be no pretence for charging the lord with an equity to which he never assented ;{o) but if a surrender be made upon a trust either expressed or referred to on the roll, the lord is estopped by this evidence of his will, and cannot afterwards claim in contradiction to his grant, (p) (/) Burgess v. Wheate, 1 Ed. 251, per Lord Northington. See lutroductiou. pp. 12, 13. Ig) Burgess v. Wheate, 1 Ed. 230. . (h) See ib. 230, note (a) ; and see Sir T. Clarke's observations, ib. 202. \i) Burgess v. Wheate, 1 Ed. 203. {k) Burgess v. Wheate, 1 Ed. 24b. {I) Bales v. England, 1 Eq. Ca. Ab. 384. {m) Viscount Downe v. Morris, 3 Hare, 394. (n) White v. Baylor, 10 Ir. Eq. Rep. 54. :, t> i. (o) Attorney-General v. Duke of Leeds, 2 M. & K. 343 ; and see Peachey v. Duke of Somerset, 1 Str. 454; Burgess v. Wheate, 1 Ed. 231 ,, , „ „ (p) Burgess v. Wheate, 1 Ed. 231, per Lord Mansfield; Weaver v. Maule, 2 U. & M. 97. 274 LEW IN ON THE LAW OF TRUSTS, ETC. Customary freeJiolds have often been treated on the same [ ^o4J *fQQjijjg ^ith copyhoIdSj(2) but perhaps upon principle a clear distinction may be taken. In customary freeholds the tenure is copy- hold, but in respect of interest the freehold and inheritance are in the tenant, and, on failure of his heirs, the lord takes in the strict sense of the word by escheat. The lands are passed by the bargain and sale, and the subsequent surrender and admittance operate merely as notice to the lord of the transfer, and acceptance by him of the grantee as tenant.(>-) If a surrender therefore be made to A. and his heirs upon trust for B. and his heirs, and the trust be entered on the roll, the effect would be the same as on the alienation of a freehold ; the lord merely assents that A. shall be his tenant, and shall, as tenant, hold the land upon certain trusts, not that the lord himself will be a trustee, should his own title commence by escheat. And even should the construction be carried to that extent, the cestui que trust would still not be relievable in equity, the agreement being merely a voluntary one, and not in writing and signed as required by the Statute of Frauds. A distinction was taken by Lord Hale between a trust and an equity of redemption. " A trust," said his lordship, " is created by the con- tract of the party, and he may direct it as he pleaseth, and he may pro- vide for the execution of it, and therefore one that comes in in the post shall not be liable to it without express mention made by the party ; and the rules for executing a trust have often varied, and therefore they only are bound by it, who come in in privity of estate ; but a power of redemp- tion is an equitable right inherent in the land, and binds all persons in the |JOs^ or otherwise,(s) because it is an ancient right which the party is entitled to in equity.'Y/) But upon this distinction it must be observed, that even a trust will at the present day bind persons who take deriva- tively from the trustee, though in the 'post; and notwithstanding an equity of redemption amounts to what Lord Hale calls a title,(yj there r*'?fiSl *^^^^^ ^^ ^6 ^0 reason why in the case of escheat the lord, who L "^ -* takes by title paramount, should be bound by an equity of redemp- any more than by a simple- trust.(«) In a late case,(w) however, the distinction between an equity of redemption and a trust was observed upon, and the court manifested an opinion that a lord who was in by escheat would be bound by an equity of redemption, if not by a trust. And in the same case was decided the point before referred to, that a lord who is in by escheat is entitled to re- deem a mortgage term created by the party whose estate has .escheated. (x) [q) Weaver v. Maule, 2 R. & M. 100, per Sir John Leach. {r\ Bingham v. Woodgate, 1 R. & M. 32. («) Semble not a purchaser without notice; see Harding v. Hardrett, Rep. t. Finch, 9 ; Spurgeon v. Collier, 1 Ed. 55. (t) Pawlett V. Attorney-General, Hard. 469; and see Bacon v. Bacon, Tothill, 133; Burgess v. Wheate, 1 Ed. 206; Tucker v. Thurstan, 17 Yes. 133. M See Pawlett v. Attorney-General, Hard. 46V. (v) See Burgess v. Wheate, 1 Ed. 255; Attorney-General v. Duke of Leeds, 2 M. & K. 344. Pawlett v. Attorney-General, Hard. 465, in which Lord Hale and Baron Atkins thought the king was bound by an equity of redemption, was not a case of escheat, as called by Lord Hale, but of forfeiture. (w) Viscount Downe v. Morris, 3 Hare, 394. (z) Ibid. OF THE LEGAL ESTATE IN THE TRUSTEE. 275 According to the actual state of the decisions, the 3 & 4 W. 4, c. 104, (which subjects a person's real estate to the payment of his simple contract debts,) annexes the quality of assets to the estate itself, and, subject to the right of alienation in the heir or devisee,(^) creates a charge on the estate for the benefit of the creditors. (2) It has been held, therefore, that a debtor's estate is assets even in tne hands of the lord taking by escheat. (a) The law relating to the forfeiture and escheat of trust estates, except so far as it illustrates general principles, became, upon the passing of the 4 & 5 Will. 4, c. 23, of little importance. By sect. 2 of that act, it was enacted, that where any person seised of any lands upon any trust, or by way of mortgage, died loithout an heir, it should be lawful for the Court of Chancery (on application as directed by the act] to appoint a person to convey. And by the following section it was declared, that <' no land, chattels, or stock, vested in any person upon any trust or by way of mortgage, or any profits *thereof, should escheat or be r^.^op-i forfeited to his majesty, his heirs or successors, or to any corpora- L *" J tion, lord of a manor, or other person, by reason of the attainder or con- viction for any ofi"ence of such trustee or mortgagee, but should remain in such trustee or mortgagee, or survive to his co-trustee, or descend to or vest in his representative, as if no such attainder or conviction had taken place." And by the last section it was provided, that "where before the passing of the act any person possessed of land, chattels, or stock, as trustee thereof, should have died without an heir, or should have been convicted of any off'ence, whereby the said land, chattels, or stock, had escheated or been forfeited, the said land, chattels, or stock should be subject to the order of the Court of Chancery for the use of the party beneficially interested therein, the proviso not to affect any grant made subsequently to the escheat or forfeiture, and not to operate where more than twenty years have occurred since the escheat or for- feiture." This act was repealed by 13 & 14 Vict. c. 60, whereby it was enacted by the 15th sect, that « when any person seised of any lands upon any trust, should have died intestate as to such lands without an heir, or it should not be known who was his heir or devisee, it should be lawful for the Court of Chancery to make an order vesting such lands in such person or persons, in such manner and for such estate as the court should direct;" and by the 19th sect, it was enacted that, "when a mortgagee should have died without having entered into possession, and the mort- gage money should have been paid to a person entitled to receive the same, or such person should consent to the order, it should be lawful for the Court of Chancery to make an order vesting such lands in such person or persons, in such manner and for such estate as the court {y) Spackman v. Timbrell, 8 Sim. 253; Richardson v. Horton, 7 Beav. 112' Pimm V. Insall, 7 Hare, 193, 1 Mac. & Gor. 449. (z) Evans v. Brown, 5 Beav. 116. N. B. This case was appealed and com- promised. Hamer's Devisees, 2 De Gex, M. & G. 30G; Beale v. Symonds, 16 Beav. 406; Kinderley v. Jervis, 2 Jur. N. S. 602. (a) Evans v. Brown, 5 Beav. 116; and see Viscount Downe v. Morris, 3 Hare, 394. 27G LEWIN ON THE LAW OF TRUSTS, ETC. should direct, in any case where the mortgagee had died intestate as to such lands, and without an heir, or should have died and it should not be known who was his heir or devisee ;" and by the 46th sect, it was enacted that, " no lands, or stock, chose in action, vested in any person upon any trust, or by way of mortgage, or any profits thereof, should escheat or be forfeited to the crown, or to any corporation, lord of the manor or *any other person by reason of the attainder or convic- [*287] ^j^^ ^^^ ^jjy offence of such trustee or mortgagee." Thus of trust property in future there will be no forfeiture by the attainder or conviction of the trustee, and no escheat Uj his attainder; and in case of escheat for failure of heirs the court will have authority, upon summary application, to transfer the legal estate. If a trustee be outlaxved, and the outlawry be for treason or felony, it amounts to conviction,(6) and escheat and forfeiture of lands, and chattels, thou"-h held upon trust, would, until the above acts, have ensued, but is now expressly saved by it. If the outlawry be on an indictment for a misdemeanor or in a personal action, it is not a conviction, but merely a contempt of court,(c) and punishable with forfeiture of the profits of the outlaw's lands, and of his chattels, real and personal, absolutely. In this case, therefore, the statute not applying, the forfeiture remains the same as at common law. If the trustee become hanhriipt, and do not surrender himself, &c., he is guilty of felony, (c7) and the consequence is, that his lands and goods escheat and are forfeited as in felony generally. But he must first be convicted of the offence by a proper court, either in fact by verdict or in law by outlawry, and then the .above statute saves the for- feiture as regards trust estates. A disseisor is not an assign of the trustee either in the ^^f'' or the post, but holds by a wrongful title of his own, and adversely to the trust. The first resolution in Sir Moyle Finch's case, was, that <'a disseisor was subject to no trust, nor any subpoena was maintainable against him, not only because he was in the 2^osf, but because the right of inheritance or freehold was determinable at the common law, and not in chancery, neither had the cestui que use (while he had his being) any remedy in that case. "(e) And we may add the authority of Lord St. Leonards, who, in his edition of Gilbert on Uses, observes, <'At this day every one r*QQo-i is bound by a trust who obtains the *estate without a valuable L "^ J consideration, or even for a valuable consideration if with notice, unless perhaps the lord by escheat. But persons claiming the legal estate by an actual disseisin, without collusion with the trustee, will not be bound by the trust. Therefore, if I oust A., who is a trustee for B., and a claim is not made in due time, A. will be barred, and his cestui que trust with him, although I had notice of the trust ;"(/)(l) and the (b) Co. Lit. 390 b. ; Holloway's case, 3 Mod. 42 ; King v. Ayloff, ib. Y2. (c) Rex V. Tippin, Salk. 494. (d) 12 & 13 V. c. 106, s. 251. (e) Sir Moyle Finch's case, 4 Inst. 85. (/) Gilb. on Uses, Sugd. ed. 429. (1) And an outstanding term in a trustee will attend the inheritance gained by the disseisin. Reynolds v. Jones, 2 Sim. & Stu. 206: and see Turner v. Buck, 22 Yin. Ab. 21 : Doe v. Price, 16 M. & W. 603. GENERAL PROPERTIES OF OFFICE OF TRUSTEE. 277 same may be inferred from the terms of the section of the late Limitation Act relating to express trusts. (^) *CHAPTER XII. [*289] GENERAL PROPERTIES OF THE OFFICE OF TRUSTEE. From the estate of the trustee we pass to the consideration of his offi.ce, and upon this subject we may, in the first place, investigate the general properties annexed to the ofiice, as, First. A trustee having once accepted cannot afterwards renounce it. Secondly. He cannot delegate it. Thirdly. In the case of co-trustees the ofiice must be exercised by all the trustees jointly. Fourthly. On the death of one trustee the trust will pass to the survivors or survivor. Fifthly. One trustee shall not be liable for the acts of his co-trustee. Sixthly. A trustee shall derive no personal benefit from the trusteeship. I. It is a rule, without any exception, that a person who has once undertaken the office, either by actual or constructive acceptance, cannot discharge himself from liability by a subsequent renunciation. The only mode by which he can obtain a release is either under the sanction of a court of equity, or by virtue of a special power in the instrument creating the trust, or with the consent of all the parties interested in the estate. (a) Thus, where A. was named executor, and acted in behalf of some par- ticular legatees, but disclaimed the intention of interfering generally, and then renounced, and B. obtained letters of administration cum tcsta- mento annexo, and possessed himself of assets, and died insolvent, it was held thaf A. having acted, could not afterwards discharge himself, and was responsible for the devastavit committed by B.(6) *So, in another case, where A., having possessed himself of r^^o(\C)-\ assets, renounced the administration, and the same day B. proved L " J the will, and A. handed over part of the assets to him, and afterwards A., having received other assets by authority from B., handed them over in like manner. Sir Thomas Clarke delivered his opinion, that, as A. had adnjinistered, though without having proved the will, the attempt at renunciation was void, and he ought to be charged with all the subse- quent receipts. (c^ Though a trustee may have given a bond for the due execution of the trust, and the cestui que trust may have recovered upon the bond, and been paid the money, yet if the cestui que trust afterwards bring his bill to compel a conveyance, the trustee cannot divest himself of his fiduciary character by pleading that the penalty of the bond was a stated damage {g) 3 & 4 W. 4, c. 27, s. 25, compare subsequent observations at p. 722. (a) See Doyle v. Blake, 2 Sch. & Lef. 245 ; Chalmer v. Bradlej, 1 J. & W. 68. (6) Doyle v. Blake, 2 Sch. & Lef. 231; see Lowry v. Fulton, 9 Sim. 123. (c) Read v. Truelove, Amb. 41*7. 278 LEWIN ON THE LAW OF TRUSTS, ETC. for the breach of trust, and that on payment of the penalty the trustee was to be released. A conveyance, however, will not be decreed with- out an allowance to the trustee of the penalty recovered upon the bond, with interest at the usual rate.((Z) II. The office of trustee, being one of personal confidence, cannot be delegated. " Trustees," said Lord Langdale, " who take on themselves the management of property for the benefit of others, have no right to shift their duty on other persons ; and if they do so they remain subject to responsibility towards their cestuis que trust for whom they have under- taken the duty.'Ye) If a trustee, therefore, confide the application of the trust fund to the care of another, whether a stranger,(/) or his own attorney,(^) or even co-trustee or co-executor, (A) *he will be per- L J sonally responsible for any loss that may result. The case of Balchen v. Scott,(i) though the ultimate result arrived at is opposed to later decisions, the executor having in fact proved, is no exception to this rule ; for there an executor had received a bill of exchange by the post from a debtor to the estate, and transmitted it to his co-executor, and it was held, that by this proceeding the executor had not acted in the trust,(Z;) and therefore was no more answerable for the application of the money by the co-executor, than any stranger would have been under similar circumstances. In Churchill v. Hobson,(/) an executor had paid 500?. into the hands of his co-executor, who misapplied it, and it was ruled by the court that he was not bound to make it good ; but the decision is universally con- sidered as having turned upon the circumstance that the co-executor was a banker, and had been trusted by the testator in his lifetime, besides being made his executor at his death. (m) Lord Harcourt, in his judg- ment, observed, " The co-executor having been the cashier with whom the testator in his lifetime chose to intrust his money, the executor ought not to suffer for having trusted him whom the testator himself in his life trusted." But trustees cannot be answerable, if they merely follow the testator's directions. Thus a testator recommended his executors to employ A. (who had been in the employment of the testator himself,) as their clerk (d) Moorecroft v. Dowding, 2 P. W. 314. (e) Turner v. Corney, 5 Beav. 517. (/) Adams v. Clifton, 1 Russ. 297 ; Hardwick v. Mynd, 1 Anst. 109 ; case cited by Sir J. Jekyll, Walker v. Symonds, 3 Sw. 79, note (a) ; Char. Corp. v. Sutton, 2 Atk. 405; Kilbee v. Sneyd, 2 Moll. 199, per Sir A. Hart; Douglas v. Browne, Mont. 93 ; Ex parte Booth, id. 248; Turner v. Corney, 5 Beav. 515. (g) Chambers v. Minchin, 7 Ves. 196, per Lord Eldon; Ex parte Townsend, 1 Moll. 139 ; Ghost v. Waller, ^ Beav. 497. (h) Langford v. Gascoyne, 11 Ves. 333 ; Harrison v. Graham, 3 Hill's MSS. 239, cited 1 P. W. 241, note (ij), 6th ed. ; Davis v. Spurling, 1 R. & M. 66, per Sir J. Leach ; Kilbee v. Sneyd, 2 MoU. 200, 212, per Sir A. Hart; Lane v. Wroth, and Stanley v. Darington, cited in Anonymous case, Mos. 36 ; Marriott v. Kinnersley, Taml. 470 ; Ex parte Winnall, 3 D. & C. 22 ; Anon. Mos. 35 ; Clough v. Bond, 3 M. & Cr. 497, per Lord Cottenham ; Dines v. Scott, T. & R. 361, per Lord Eldon ; Trutch V. Lamprell, 20 Beav. 116; Thompson v. Finch, 22 Beav. 316. (i) 2 Ves. jun. 678, (k) See supra, p. 240. (l) 1 P. W. 241. ^ ^ ^ ^ (to) See Harrison v. Graham, 3 Hill's MSS., cited 1 P. W. 241, note (y), 6th ed. ; Chambers v. Minchin, 7 Ves. 198. GENERAL PROPERTIES OF OFFICE OF TRUSTEE. 279 or agent, which they did, and A. misapplied part of the assets. The ces- tuis que trust contended that executors were answerable for the default of their servant. Sir A. Hart said, " That is the rule. It is hard occa- sionally, where the executor has acted with good faith ; but it is esta- blished, *and it is beneficial in general. The rule, however, is r^c^Qcf-, governed by circumstances; andifii testator points out an agent L ■" ""J to be employed by the executor, I think if such employee received a sum of money, and immediately made default, the executor would clear himself by showing that the testator designated the person, and that he could not by the exercise of reasonable diligence recover the money. But the excuse of reasonable diligence is still required. The effect of a recommendation is to discharge executors to the extent of selecting, but still the person recommended is the agent of the executors, and they are bound to use diligence in looking after him : the question then becomes one of wilful default, not concluding the executor by the mere fact of loss arising from such employee : nor does the diligence which is required demand that he should institute a suit against the agent ; but only that he should have been vigilant, and have called upon him to account : he may be able to show some discreet and reasonable ground for not having sued him.'Yo) And an executor cannot be answerable for having handed over money which he had no legal right to retain. Thus, a testator appointed A., B., and C. his executors, and empowered A. to sell certain freehold pre- mises, and directed the proceeds of the sale to be applied and disposed of in the same manner as his personal estate. A. employed B. to make the sale, who, having disposed of the property, paid the proceeds to A., by .whom the money was misapplied. It was held that B. was not answerable for this, the money having come to his hands, not in the character of executor, but of agent. (^) And trustees and executors may justify their administration of the trust fund by the instrumentality of others, where there exists a moral necessity for it. " There are," said Lord Hardwicke in Ex imrte Bel- chier, " two sorts of necessity : first, legal necessity ; and, secondly, moral necessity. As to the first a distinction prevails. Where two executors join in *giving a discharge for money, and one of r*9nq-i them only receives it, they are both answerable for it; because L "" -i there is no necessity for both to join in the discharge, the receipt of either being sufficient : but if trustees join in giving a discharge, and one only receives, the other is not answerable, because his joining in the dis- charge was necessary. 3Ioral necessity is from the usage of mankind, if the trustee acts as prudently for the trust as he would have done for himself, and according to the usage of business ; as if a trustee appoint rents to be paid to a banker at that time in credit, but who afterwards breaks, the trustee is not answerable : so in the employment of stewards and agents ; for none of these cases are on account of necessity, but (o) Kilbee v. Sneyd, 2 Moll. 199, 200 ; and see Doyle v. Blake, 2 Sch. & Lef. 239, 245. {p) Davis V. Spurling, 1 R. & M. 64; S. C. Taml. 199; and see Crisp v. Spran- ger, Nels. 109; Keane v. Robarts, 4 Mad. 332, see 356, 359. 280 LEWIN ON THE LAW OF TRUSTS, ETC. because the persons acted in the usual method of business."(5) And Lord Loughborough in very similar terms observed, " If the business was transacted in the ordinary manner, unless there were some circum- stance to create suspicion, surely the allowance is fair."(r) " Necessity," said Lord Cottenhara, "which includes the regular course of business, will exonerate." (s) And Lord Redesdale, in the same spirit observed, " An executor living in London is to pay debts in Suffolk, and remits money to his co-executor to pay those debts : he is considered to do this of necessity : he could not transact business without trusting some person, and it would be impossible for him to discharge his duty, if he is made responsible where he remitted money to a person to whom he would himself have given credit, and would in his own business have remitted money in the same way. It would be the same were one executor in India and another in England, the assets being in India but to be applied in Eng- land : there the co-executor is appointed for the purpose of carrying on such transaction, and the executor is not responsible : for he must remit to somebody, and he cannot be wrong if he remits to the person in whom the testator himself reposed confidence. "(<) r*9Qi"l *Again, where A. and B. were assignees of a bankrupt, and L " -I A. signed the dividend cheques upon the bankers in favor of the creditors, and delivered them to B., who undertook to affix his signature, and deliver them to the creditors, ■ and B. accordingly signed the cheques, and placed them in his desk, whence they were stolen, and presented at the bank, and paid ; on an application to the court to make A. answerable. Sir J. Leach said, " It is true that assig- nees are trustees who have only a joint and not a separate authority, and if by the act of one assignee, out of the course of his duty, the trust property is placed within the single power of the other, both are liable. But here it was not to be expected that the assignees were to meet upon the application of every creditor, for the purpose of signing and deliver- ing his dividend cheque. Such a course of proceeding would have been highly inconvenient to the creditors themselves. It is not the practice of bankers to receive the dividend cheques from the assignees, and pay to each creditor upon his application ; the trouble is greater than they are willing to undertake. Of necessity, therefore, some single person is to be selected for the distribution of these cheques, and it is obvious that there is greater security if one of the assignees will undertake the office than if it be entrusted to an agent, because there may be cases in which circumstances of convenience would not require that the joint cheques should be signed by that assignee until the application of the creditor, and the time of delivering the cheques. Upon the whole, I am of opinion that the delivery of these cheques by A. to B. as his co-assignee, was an (?) Ex parte Belchier, Amb. 219. (r) Bacon v. Bacon, 5 Ves. 335. («) Clough V. Bond, 3 M. C. 49t. (0 Joy V. Campbell, 1 Sch. & Lef. 341 ; and see Bacon v. Bacon, 5 Ves. 331, and compare Chambers v. Minchin, 7 Ves. 193, and Langford v. Gascoyne, 1 1 Ves. 335 ; and see Davis v. Spurling, 1 R. & M. 66 ; Munch v. Cockerell. 5 M. & Or. 214. GENERAL PROPERTIES OF OFFICE OF TRUSTEE. 281 act done in the proper execution of his duty of a trustee, and that he is not responsible for the subsequent loss of these cheques.(?() But where the assignees of a bankrupt employed an attorney to recover debts due to the estate, and the attorney received the money, and abscon- ded. Sir A. Hart distinguished the case from Ex parte Belchier, on the ground that there was no necessity for permitting the attorney to receive one shilling of the money recovered further than his costs. <' The assignee," *he observed, ''has two modes of relieving himself p^^^^.--, from the responsibility. He may call a meeting of the creditors L "" ' -1 to approve of an agent, or he may petition the chancellor, and have an agent approved of by the master ; otherwise he acts suo periculo, and to this extent, that if the attorney whom he employs to recover debts receives the money one day and becomes insolvent the next, the assignee is liable, although there is hardly a shadow of negligence, much less of fraud." And his lordship said the same point had been decided in an unreported case before LordEldon.(w) Trustees, undoubtedly, must not let the money lie in the hands of the attorney, but that they must not suffer it to pass through his hands in the ordinary course of business, in the recovery of a debt by action, was beyond any previous decision ; it is probable that the case before Lord Eldon contained some particular and distinguishing circumstance. A trustee or executor is not called upon to take any security from the agent ; for to do that upon every occasion would tend greatly to the hin- drance of business. (i/j) Where trust money is to be transmitted to a distance, the trustee may do it most conveniently and securely through the medium of a responsi- ble bank, or he may take bills drawn by a person of undoubted credit, and payable at the place whither the money is to be sent. Thus in Knight V. The Earl of Plymouth, (x) a receiver, in order to bring money to London, took bills which at the time they were obtained there was no ground to suspect, but which, as it afterwards happened, were protested in London, and the money lost. Lord Hardwicke said, " The method the receiver took was highly prudent ; it was well intended, and the only way he could take, unless he had himself carried the money in ifpecie, the hazard of which would have been great; and if a loss had then incurred, in my opinion he would have been, if not answerable, highly blameable." *But the money must be paid in to the account of the trust r*9QQ-j estate, and the bills must be taken in favour of the trustee in that L "' J character, and if he neglect these precautions, then, if the bank break, or the bills be dishonoured, the trustee will be held responsible for the loss to the cesiuis que trust. (^t/^ The rule applied to executors in a court of law is somewhat different from that established in courts of equity. An executor once become (u) Ex parte Griffin, 2 Gl. & J. 114 ; and see Wackerbath v. Powell, Buck. 495; S. C. 2 Gl. & J. 151 ; Kilbee v. Sneyd, 2 Moll. 186. (v) Ex parte Townsend, 1 Moll. 139; see Anon, case, 12 Mod. 5G0. (w) Ex parte Belchier, Amb. 220, per Lord Hardwicke. (x) 1 Dick. 120; S. C. 3 Atk. 480 ; recognized Ex parte Belchier, Amb. 219, and Routh T. Howell, 3 Ves. 566; and see Wren v. Kirton, 11 Ves. 380, 385. (?/) See Wren v. Kirton, 11 Ves. 380, 381 : Ma?sey v. Banner, 1 J. & W. 247. 282 LEW IN ON THE LAW OF TKUSTS, ETC. responsible by actual receipt of any part of tlie assets, cannot at law found his discliarge in respect thereof as against a creditor, either by a plea of reasonable confidence disappointed, or a loss not occasioned by any neglio-ence or default ; as if an executor transmit a sum to his co-executor under circumstances that in equity would justify the confidence, a court of law would still hold him responsible for any misapplication by the co- executor, and could not allow him to plead ^/cne admin istravit.{z^ If the trust be of a discretionary character, not only is the trustee answerable for all the mischievous consequences of the delegation, but the exercise of the discretion by the substitute will be actually void, (a) Thus an advowson was vested in twenty-five of the principal inhabi- tants of a parish upon trust to elect and present a proper preacher, and, some of the trustees having deputed proxies to vote at the election, Lord Hardwicke said, " It is true a trustee who has a legal estate in him may make an attorney to do legal acts ; but here is a personal trust, and there is no instance where a trustee is allowed to make a proxy to vote in a personal trust of this kind. The trustees were themselves to judge of the qualifications of the candidates, and could not delegate that judg- ment to others^ but ought to exercise it themselves." And his lordship r*'>Q7T ^^^^7 ^^^^j ^^ *'^6 election *had been conducted in this manner, L "" -I it could not be supported. (i) And a discretionary trust can no more be delegated to a co-executor or co-trustee than to a stranger. (c) Thus, where a sum of money was given to three executors upon trust to distribute in charity at their dis- cretion, and the executors assumed each the independent control of one third. Lord Hardwicke said, " I am of opinion the executors could not divide the charity into three parts, and each executor nominate a third absolutely, because the determination of the property of cveri/ object was left by the testator to the direction of all the executors."(fZ) Of course, if a trustee convey the estate, the mere transfer of the estate will not have the effect of investing the grantee with the power. (e) And so if a trustee devise the estate, the devisee cannot administer a discretionary trust unless the original settlement contemplate such an event and annex the powers to the estate in the hands of the devisee. (/) It must be noticed that the appointment of an attorney or i^roxy is not in all cases a delegation of the trust. When the trustee has resolved in his own mind in what manner to exercise his discretion, he cannot be said to delegate any part of the confidence if he merely execute the deed by attorney, or signify his will by proxy. Thus, in the case before cited,(^) where the trust was to elect and present a proper clerk to a (z) Crosse v. Smith, 7 East, 246 ; and see Jones v. Lewis, 2 Ves. 241. {a) See Alexander v. Alexander, 2 Ves. 643 ; Bradford v. Belfield, 2 Sim. 264 ; Hitch V. Leworthy, 2 Hare, 200. (6) Attorney-General v. Scott, 1 Ves. 413, see 417: Wilson v. Dennison, Amb. 82; S. C. VB. P. G. 296. (c) Crewe v. Dicken, 4 Ves. 97. [d) Attorney-General v. Gleg, 1 Atk. 356, (e) Crewe v. Dicken, 4 Ves. 97, see 100 ; Dovley v. Attorney-General, 2 Eq. Ca. Ab. 194 ; Bradford v. Belfield, 2 Sim. 264 ; Cole v. Wade, 16 Ves. 47, per Sir W. Grant. (/) ReBurtt's Trust, 1 Drewry, 319; and see ante, pp. 266,267. {g) Attorney-General V. Scott, 1 Ves. 413 : and see Ex parte Rigby, 19 Ves. 463. GENERAL PROPERTIES OF OFFICE OF TRUSTEE. 283 benefice, Lord Hardwicke had no doubt tbat, so far as related to the mere act of presentation, the trustees, having themselves fixed upon the object, might have signed the presentation by proxy; a trustee who had a legal estate might make an attorney to do legal acts. III. Where the administration of the trust is vested in "^co- r*29g-] trustees, they all form as it were but one collective trustee, and L J therefore must execute the duties of the ofl&ce in their joint capacity, (/i) It is not uncommon to hear one of several trustees called the acting trustee, but the court knows no such distinction ; * all who accept the office are acting trustees. If any one refuse to join, it is not competent for the others to proceed without him, but the administration of the trust must in that case devolve upon the court, (i) Thus, a receipt for money must receive the joint authentication of the whole body, and not of the majority merely, or it will not be valid. (^) But where the trustees are numerous it is common in orders of the court to direct the payment of moneys to any two or more of them.(Z) Again, if a debtor to the trust become bankrupt, all the trustees must join in the proof,(m) unless under particular circumstances the court make an order for some of the trustees to prove, and even then the court has inserted the direction that the dividends should be made payable to all the trustees. (?i) But when there are several trustees, and the trust is of a public character, the act of the majority is held to be the act of the whole number.(o) In Wilkinson v. Malin, Lord Lyndhurst observed, "In this case there were seven trustees ; those seven met for the purpose of electing a schoolmaster; at that meeting five of the trustees concurred in the appointment, two dissented, but did nothing upon that dissent. We are of opinion that, in a case of this description, where all the trustees were assembled for the purpose of making the election, and the majority of them so assembled concurred in the appointment, the act of the majority in that respect is to be considered the act of the whole body. This is a trust of *a public nature, viz. to apply funds for the p2991 repair of the church and other objects in which the whole parish L -* J are interested; and we are of opinion that where trustees are appointed for the purpose of performing a trust of such a public and general nature, the act of the majority is the act of the whole. It was said at the bar that the principle only applies to cases where the trustees are appointed under some public authority as under an Act of Parliament, or some public body; but we are of opinion that it is not subject to that limita- tion. The objects of the trust would be defeated if one dissenting trustee could prevent the application of the funds in the manner directed. Con- sidering the nature of the trusts, we are of opinion it was the intention (h) See Ex parte Griffin, 2 Gl. & J. 116. (i) Doyley V. Sherratt, 2 Eq. Ca. Ab. 742, marginal note to (D). h) See infra. (l) See Attorney-General v. Brickdale, 8 Beav. 223. (m) Ex parte Smith, 1 Deac. 391, per Sir T. Erskine. (7i) Ex parte Smith, 1 Deac. 385. ^ , ou (o) Wilkinson v. Malin, 2 Tyr. 544 ; and see Attorney-General v. Shearman, 2 Beav. 104 ; Attorney-General v. Cuming, 2 Y. & C. Ch. Ca. 139; Youngerv. Wel- ham, 3 S^y. 180. 284 LEWIN ON THE LAW OF TRUSTS, ETC. of the founder, and fairly to be collected from the objects he had in view, that the act of the majority should bind the rest.(p) Where a numerous body are appointed trustees by the court, as in cases of charity, the court sometimes annexes to the order that a part of them shall form a quorum. Where stock is standing in the name of several co-trustees, any one of them may receive the dividends, though all must join in the sale of the corpus ; and where there are co-trustees of lands, any one of them may receive the rents, though all must concur in a conveyance. (§') IV. On the death of one trustee the joint office survives. It is a well-known maxim that a hare autlwrity committed to several persons is determined by the death of any one; but, if coupled with an interest, it passes to the survivors. (r) Thus, the committees of a lunatic's estate are regarded in the light of mere bailiffs without a spark of interest, and if one of them die, the office is immediately extinguished. (.s) An executorship *or administratorship survives ;(^) for <'if," says L ^^^J Lord Talbot, "a joint estate at law will survive, why shall not a joint administration, when they both have a joint estate in it?"(t<) So a testamentary guardianship vests in the survivors, for, as guardians may bring actions and avow in their own names, may grant leases during the minority of the ward, and demise copyholds even in reversion as lords pro tempore, it is evident they have an interest. («) It follows that as co-trustees have an authority coupled with an interest, their office also must be impressed with the quality of survivorship :(i/j) as if an estate be vested in two trustees upon trust to sell and one of them die, the other may sell;(x) and if an advowson be conveyed to trustees upon trust to present a proper clerk, the survivors or survivor may present.^?/) Other- wise, indeed, the more precaution a person took by increasing the number of the trustees, the greater would be the chance of the abrupt determina- tion of the trust by the death of any one. Even where the trust was to {p) Wilkinson v. Malin, 2 Tyr. 572. (q) See Townley v. Sherborne, Bridg. 35; Williams v. Nixon, 2 Beav. 472; Gouldsworth v. Knight, 11 M. & W. 337. (r) Co. Lit. 113 a, 181 b; Butler v. Bray, Dyer, 189 b; Attorney-General v. Gleg, 1 Atk. 356 ; S. C. Amb. 584 ; Goulds. 2, pi. 4 ; Peyton v. Bury, 2 P. W. 628 ; Mansell v. Vaughan, Wilm. 49 ; Eyre v. Countess of Shaftesbury, 2 P. W. 108, 121, 124. (s) Ex parte Lyne, Rep. t. Talb. 143. \t) Adams v. Buckland, 2 Vern. 514; Hudson v. Hudson, Rep. t. Talb. 127. (m) Hudson V. Hudson, Rep. t. Talb. 129. [v) Eyre v. Countess of Shaftesbury, 2 P. W. 102. But if joint guardians be appointed by the court, the ofiice, on the death of one, is at an end; Bradshaw v. Bradshaw, 1 Russ. 528; Hall v. Jones, 2 Sim. 41. {w) Hudson V. Hudson, Rept. t. Talb. 129, per Lord Talbot; Co. Lit. 113 a; Attorney-General v. Glegg, Amb. 585, per Lord Hardwicke ; Gwilliams v. Rowell, Hard. 204 ; Billingsley v. Mathew, Toth. 168. {x) See Co. Lit. 113 a ; Warburton v. Sandys, 14 Sim. 622 ; Watson v. Pearson, 2 Exch. Rep. 594. (y) See Attorney-General v. Bishop of Litchfield, 5 Ves. 825 ; Attorney-Gene- ral V. Cuming, 2 Y. & C. Ch. Ca. 139. If two trustees employ a solicitor, the surviving trustee may file a bill against the solicitor for an account, without mak- ing the representative of the deceased trustee a party ; Slater v. Wheeler, 9 Sim. inc. i- J : GENERAL PROPERTIES OF OFFICE OF TRUSTEE. 285 raise the sum of 2000?. out of the testator's estate "by sale or otherwise, at the discretion of his trustees, who should invest the same in the names of the said trustees upon trust," &c., and one of the two trustees died, and the survivor sold ; yice-Chancellor Wood decided that the survivor could make a good title. "1 find," he said, "a clear estate in the vendor, and a clear duty to perform. He has executed his duty, and I am asked to say that he has committed a breach of trust. Can I do that? He has a duty imposed upon him to raise the *money : pgQi-i he has the necessary estate given to him for that purpose. Is it L J to be said that this is a breach of trust because the co-trustee is dead ? If I were to lay down such a rule it would come to this, that wherever an estate was vested in two or more trustees to raise a sum by sale or mortgage, you must come to the court on the death of one of the trustees. "(2) The survivorship of the trust will not be defeated because the settle- ment contains a power for restoring the original number of trustees by new appointments ;(a) unless there be something in the instrument that specially manifests such an intention. (6) Even in an act of parliament, which declared in very strong terms that the survivors shouId,(c) and they were tlierely required to appoint new trustees, the court said the proviso was analogous to the common one in settlements, and expressed an opinion (for the decision was upon another point,) that the clause was not imperative, but merely of a directory character. (cZ) The case of Attorney-General v. The Bishop of Litchfield,(e) may be cited as touching upon this subject. A testator had devised to eight persons and their heirs the donation and parsonage of a rectory, and "desired their care to present from time to time a learned, iminfid preacher, honest in life and conversation, whereby souls might be gained to Christy" and directed that "the three last survivors should make choice of new trustees to be added to them successively to present." The representative of the last surviving trustee conveyed to one Hodgets and his heirs ; Eliza, the wife of Foley, was the heiress-at-law of Hodgets, and, the advowson *having descended upon her, Foley presented p3Q2-i a clerk. An injunction was applied for to stay the institution, L ^ ""J and Lord Eldon said, " Upon what ground am I to interfere to prevent the bishop from instituting upon a presentation under the legal title ? It is said with great foundation this trust ought to be filled up ; but, if an avoidance happens before the trust is filled up, the trustee executes the duty by presenting a proper person. If there is any objection to the clerk presented by him, as, if he presented for emolument to himself, the court should interfere ; but it would be very inconvenient if I were (z) Lane v. Debenham, IT Jur. 1005. (a) See Doe v. Godwin, 1 D. & R. 259; Warburton v. Sandys, 14 Sim. 622; compare Townsend v. Wilson, 1 B. & Aid. 608, with Hall v. Dewes, Jac. 193; and see Attorney-General v. Floyer, 2 Vern. '748 ; Jacob v. Lucas, 1 Bcav. 436 ; At- torney-General V. Cuming, 2 Y. & C. Ch. Ca. 139. (6) Foley v. Wontner, 2 Jac. & Walk. 245 ; and see Jacob v. Lucas, 1 Beav. 436. (c) As to the force of the words " shall and may" in the Act of Parliament, see Attorney-General v. Lock, 3 Atk. 166 ; Stamper v. Millar, id. 212 ; Rex v. Flock- wood, 2 Chit. Rep. 252. [d) Doe V. Godwin, 1 D. & R. 259. (f) 5 Ves. 825. February, 1858.— 19 og(5 LEWIN ON THE LAW OF TRUSTS, ETC. to hold that there can be no presentation till the number is filled up, when by negligence it has happened that the number is not filled up. If three trustees remained, I could not prevent their choice of new trus- tees to be added to them to present. The filling up the trustees might take a considerable time, and a lapse might incur ; but I agree this is not a proper act of Mr. Foley, when the trust is reduced to his wife." V. One trustee shall not be li able for the acts or defaults of Ms co- truHtee, whether a proviso to that effect be inserted in the original settle- ment or not.(/) This point appears to have been first clearly established bv the decision of Townley v. Sherborne(5') in the reign of Charles the First, and is ushered in by the reporter with no little solemnity. A., B., C, and D. were trustees of some leasehold premises. A. and B. collected the rents during the first year and a half, and signed acquit- tances; but from that period the rents were uniformly received by an assign of C. The liability of A. and B. during the first year and a half was undisputed, but the question was raised whether they were not also chargeable with the rents which had accrued subsequently, but had never come to their hands ? '< The Lord Keeper Coventry (says the reporter) considered the case to be of great consequence, and thought not to deter- r=Ho-»o-i iQine the same suddenly, but to advise *thereof, and desired the I- ^ "^J lords the judges assistant to take the same into their serious (;onsideration, whereby some course might be settled that parties trustees might not be too much punished, lest it should dishearten men to take any trust, which would be inconvenient on the one side, nor that too much liberty should be given to parties trustees, lest they should be em- boldened to break the trust imposed on them, and so be as much preju- dicial on the other side. And the lord keeper and the lords the judges assistant afterwards conferring together, and upon mature deliberation conceiving the case to be of great importance, his lordship was pleased to call unto him also Mr. Justice Crook, Mr. Justice Barcley, and Mr. Justice Crawley, for their assistance also in the same, and appointed pre- cedents to he looked over as well in the Court of Chancery as in other courts, if any could be found touching the point in question; whereupon several precedents were produced before them, some in the Court of (Jhancery and some in the Court of Wards, where parties trustees were chargeable only according to their several and respective receipts, and not one to answer for the other, but no precedent to the contrary was pro- duced to them. Whereupon his lordship, after long and mature delibera- tion on the case, and serious advice with all the said Judges, did this day in open court declare the resolution of his lordship and the said judges — That where lands or leases were conveyed to two or more upon trust, and one of them receives all or the most part of the profits, and after dyeth or decayeth in his estate, his co-trustee shall not be charged or be compelled in the Court of Chancery to answer for the receipts of him so dying or decayed, unless some practice, fraud, or evil dealing appear to have been in them to prejudice the trust; for, they being by laio joint tenants or tenants in common, every one by law may receive either all or if) Leigh V. Barry, 3 Atk. 584, per Lord Hardwicke ; Anon, case, 12 Mod. 560. (^)Bridg. 35. GENERAL PROPERTIES OF OFFICE OF TRUSTEE. 287 as much of the profits as he can come hrj. And it being the case of most men in these days that their personal estates do not suffice to pay their debts, prefer their children, and perform their wills, they are enforced to trust their friends with some part of their real estate to make up the same, either by the sale or the perception of the profits thereof; and if such of their friends who carry themselves without fraud should be *charge- i-*r>n n able out of their own estate for the faults and deficiencies of their L ^ J co-trustees who were not nominated by them, few men would undertake any such ti'ust. And if two executors be, and one of them wastes all or any part of the estate, the devastavit shall by law charge him only, and not the co-executor. And in that case cequitas sequitur legem, there being many precedents resolved in chancery, that one executor shall not answer nor be chargeable for the act or deftmlt of his companion. And it is no breach of trust to permit one of the trustees to receive all or the most part of the profits, it falling out many times that some of the trus- tees live far from the lands and are put in trust out of other respects than to be troubled with the receipt of the profits. And albeit, in all pre- sumption, this case had often happened, yet no precedent had been pro- duced to his lordship or the judges, that in any such case the co-trustee had been charged for the act or default of his companion ; and therefore it was to be presumed that the current and clear opinion had gone that he was not to be charged, it having not till of late been brought into question in a case that by all likelihood had often happened. But his lordship and the said judges did resolve, that if upon the proofs or cir- cumstances the court should be satisfied that there had been any dolus malus, or any evil practice, fraud, or ill intent in him that permitted his companion to receive the whole profits, he should be charged though he received nothing." Co-trustees,(/i) however, as was determined in Townley v. Sherborne, vreve forme rli/ considered responsible for money if they joined in signing the receipt for it; but in latter times the rule has been established, that a trustee who joins in a receipt for mere conformity's sake, shall not be answerable for a misapplication by the trustee who receives. (?) Where *the administration of the trust is vested in co-trustees, a receipt r^onc-. for money paid to the account of the trust must be authenticated L ' J by the signature of all the trustees in this their joint capacity; it would {h) Townley v. Sherborne, Bridg. 35 ; Spalding t. Sbalmer, 1 Vern. 303 ; Sadler T. Hobbs, 2 B. C. C. 114 ; and sec Bradwell v. Catchpole, cited Walker v. S3-nionds, 3 Sw. 78, note (a); but said by Lord Cowper, Fellowes v. Mitchell, 2 Yeru. 516, to be contrary to natural justice. (i) Brice v. Stokes, 11 Ves. 324, per Lord Eldon; Harden v. Parsons, 1 Ed. 147, per Lord Northington; Westley v. Clarke, 1 Ed. 359, per eundcm ; Heaton v. Mar- riot, cited Aplyn v. Brewer, Pr. Ch. 173; Ex parte Belchier, Amb. 219, per Lord Hardwicke ; Leigh v. Barry, 3 Atk. 584, per eundem ; Fellows v. Mitchell, 1 P. W. 81 ; Gregory v. Gregory, 2 Y. & C. 316, per Baron Alderson ; Sadler v. Hobbs, 2 B. C. C. 117, per Lord Thurlow ; Chambers v. Minchin, 7 Yes. 198, per Lord Eldon ; Lord Shipbrook t. Lord Iliuchinbrook, 16 Yes. 479, per eundem; Harrison v. Graham, 3 Hiirs MSS. 239, per Lord Hardwicke, cited 1 P. W. 241, 6th ed. note (ij) ; Carsey v. Barsham, cited Joy v. Campbell, 1 Sch. & Lef. 344, per eundcm ; Anon, case, Mose. 35 ; Ex parte Wackerbath, 2 G. & J. 151 ; Webb v. Ledsam, 1 Kay & Johns. 388, per Y. C. Wood. 288 LEWIN ON THE LAW OF TRUSTS, ETC. be tyranny, therefore, to punish a trustee for an act which the very nature of his office will not permit him to decline. But it lies upon the trustee who joins in the receipt for mere conform- ity, to prove that his co-trustee was the person by whom the money was actually received. In the absence of all evidence, the effect of a joint receipt is to charge each of the trustees in solido ;(^-) as if a mortgage be devised to three trustees, and the mortgagor with his witness meets them to pay it off, and the money is laid on the table, and the mortgagor having obtained a reconveyance and receipt for his money, withdraws, each of the trustees in this case will be answerable for the whole. (^ A joint receipt at law is conchisive evidence that the money came to the hands of both, but in equity, which rejects estoppels and pursues truth, the court will decree according to the justice and verity of the fact.(wt) "Where," said Lord Cowper, " it cannot be distinguished how much was received by one trustee and how much by the other, it is like throwing corn or money into another man's heap, where there is no reason that he who made this difficulty should have the whole ; on the contrary, because it cannot be distinguished he shall have no part."(?i) _„ „ Of course a trustee will not be exempt from liability if he L J *sign a receipt where the purposes of the trust do not require the money to be raised ; for there can be no legal necessity for his joining when the money itself ought never to have been called for. Thus in Hanbury v. Kirkland,(o) Kaye, one of three trustees of a marriage settle- ment with a power of varying the securities, applied to his co-trustees to sign a warrant of attorney for sale of the stock, on the ground that he had an opportunity of investing the trust fund upon good landed secu- rity at five per cent, interest. The co-trustees signed the warrant of attorney, and Kaye sold out the stock and misapplied the proceeds. The following year one of the co-trustees wrote to Kaye to inquire if he had procured an eligible mortgage, when Kaye replied, he had failed in obtaining the mortgage he had originally contemplated, but he was in hopes of investing the fund on another security equally desirable. Two years after, Kaye absconded, and the money was lost. It was held the co-trustees were responsible, and principally on the ground that, " it being their duty to inquire what was the security and who was the mortgagor, they had executed the power of attorney without exercising a single act of discretion, relying entirely upon the representation made to them by Kaye." And though a trustee joining in a receipt may be safe in merely per- mitting his co-trustee to be the receiver in the first instance, yet he will not be justified in allowing the money to remain in his hands for a longer period than the circumstances of the case may reasonably require. (jo) {k) Brice v. Stokes, 11 Yes. 234, per Lord Eldon; Scurfield v. Howes, 3 B. C. C. 95, per Lord Thurlow. {I) Westley v. Clarke, 1 Ed. 359, per Lord Henley. (to) Harden v. Parsons, 1 Ed. 14*7. per eundem. (n) Fellows v. Mitchell, 1 P. W. 83. (o) 3 Sim. 265, and see Marriott v. Kinnersley, TamL 470; Broadhurst v. Balguy, 1 Y. & C. Ch. Ca. 16 ; Rowland v. Witherden, 3 Mac. & Gord. 568. [p) Bone V. Cook, M'Clel. 168 ; Gregory v. Gregory, 2 Y. & C. 313 ; Lincoln v. GENERAL PROPERTIES OF OFFICE OF TRUSTEE. 289 Thus, in Brice v. Stokes,(5) the leading case upon this subject, Moor- ing and Fielder, two trustees with a power of sale, conveyed the estate in 1784 to a purchaser, and both signed the receipt, but Fielder alone actually received. In ITO-i Fielder died insolvent without having ac- counted for the money *paid to him, and it was proved in evi- r*3Q-T-| dence that Mooring was cognisant of the niisemployment of the ■- J fund, though he took no active measures for recovering it out of Fielder's hands. Lord Eldon said, " Though a trustee is safe if he does no more than authorise the receipt and retainer of the money so far as the act is within the due execution of the trust, yet if it is proved that a trustee, under a duty to say his co-trustee shall not retain the money beyond the time during which the transaction requires retainer, admits that, with his knowledge, and therefore with his consent, the co-trustee has not laid it out accord- ing to the trust, but has kept it or lent it in opposition to the trust, and the other trustee permits that for ten years together, the question then turns upon this, not whether the receipt of the money was right, but whether the use of it subsequent to that receipt was right, after the knowledge of the trustee that it had got into a course of abuse. As soon as a trustee is fixed with knowledge that his co-trustee is misapplying the money, a duty is imposed upon him to bring it back into the joint custody of those who ought to take better care of it." The conclusion was that Mooring was to be made answerable. Walker v. Symonds(r) involved great particularity of circumstances ; but. Lord Eldon having described it as a case of great importance to trustees in general,(s) it may be useful to present it to the reader so far as it bears upon the present subject. A sum of money secured by mortgage had been asssigned to Donny- thorne, Griffith, and Symonds, upon certain trusts. On the 12th of January, 1791, the mortgage was paid ofi" and the estate re-conveyed, and a joint receipt signed, and the money, with the approbation of the co-trustees, was put into the hands of Donnythorne. The money was shortly afterwards invested by Donnythorne, with the sanction of his co- trustees, in bills or notes of the East India Company payable at the end of two years. In 1795 the bills were paid off by the company, and the money received by Donnythorne. Intelligence to that effect having been transmitted to the co-trustees, Symonds *the same year wrote to r+gQg-i Donnythorne, requesting him to invest it in the public funds in L -• the joint names of the trustees. Donnythorne begged that the money might remain in his hands, and proposed to secure the repayment of it by a mortgage from himself and his son of their settled estates in Corn- wall, and until the mortgage could be prepared, to secure it by their joint bond. The co-trustees, conceiving the security would be ample, expressed their consent, and the joint bond was accordingly executed. Donnythorne not having sent the mortgage as he promised, Symonds made several applications to him upon the subject, earnestly desiring him Wright, 4 Beav. 427. This doctrine appears to have been very little regarv-led in the time of Lord Talbot. See Attorney-General v. Kandall, 21 Vin. Ab. 534. (q) 11 Ves. 319. (r) 3 Sw. 1. (*) Id. T4. 290 LEW IN ON THE LAW OF TRUSTS, ETC. either to invest the money in the funds, or to give them landed security. In September, 1796, Donnythorne died insolvent, and without having executed the mortgage. Sir W. Grant observed, " The money in 1791 was paid in without any act of the trustees : they were obliged to receive it : so far they were blameless. It came to Donnythorne's hands, and the trustees were not to blame in letting it come to his hands ; but they might have afterwards made themselves responsible by merely not doing what was incumbent on them ; by permitting the money to remain a considerable time in the hands of their co-trustee they might without any positive act on their part, have made themselves liable. That will depend on the degree and extent of their laches in suffering the money to remain in the hands of Donnythorne. The trustees being authorised to put the money out on mortgage, it would be rather hard to say that they were guilty of laches by giving Donnythorne a little time to find a mortgage, taking his bond in the meantime. What passed in the interval between to the death of Donnythorne does not appear. If it were neces- sary to decide the point, an inquiry before the master must be direet- ed.'VA Sir W. Grant dismissed the bill, which was one to set aside (as having been fraudulently obtained) a compromise of the alleged breach of trust, but did so on grounds foreign to the subject under discussion; Lord Eldon, however, before whom the cause was brought upon appeal, reversed Sir W. Grant's decree, and directed an inquiry by the master r*^nQi ^^ ^^ *^^ conduct *of the trustees from January, 1791, when the L J mortgage was paid off, to 1796, the time of Donnythorne's death. It then appeared by the master's report made in pursuance of the order, that the money had been invested by Donnythorne, soon after he had received it, in East India bills payahle to himself; that the money due on the bills had been discharged in 1793, and the money paid to Donny- thorne ; that the co-trustees had made no inquiry about the trust fund from January, 1791, till May, 1795, which was the time when Symonds wrote the letter and made the applications already stated. On the hear- ing of the cause upon further directions. Lord Eldon said, " The cause comes back with a report stating a clear breach of trust in leaving the trust fund in the situation represented from 1791 to 1793, and from 1793 to 1795. The money was laid out in 1791 with the consent of the trustees on India bills payable to Donnythorne, a palpable breach of trust by placing the fund under his control, secured by little more than a promissory note payable to himself. It was probable that in 1793 Don- nythorne would be paid the money due on the bills, and it would be lodged in his hands ; and although the court will proceed as favourably as it can to trustees who have laid out the money on a security from which they cannot with activity recover it, yet no judge can say they are not guilty of a breach of trust, if they suffer it to lie out on such a security during so long a tirae.(M) The trustees were guilty of a breach of trust in permitting the money to remain on bills payable to Donny- thorne alone, and in leaving the state of the funds unascertained for five years. (i)) I agree with the master of the rolls that inquiry might, on the (0 3 Sw. 41. (w) 3 Sw. 65. (,,) lb. 67. GENERAL PROPERTIES OF OFFICE OF TRUSTEE. 291 principles of tliis court, have discharged the trustees in given circum- stances from a breach of trust. If without previous participation, they, in June, 1795, had found that, being themselves implicated in no breach of trust, they had a co-trustee who had been guilty of a shameful violation of his duty, and immediately exerted themselves to obtain from him a mort- gage, which was their object at that time, and used their utmost eiforts instead of filing a bill in this court, which perhaps might have destroyed his means of giving security, *I should have hesitated long before rHcoiQl I charged then, if inquiry had satisfied me that for a simple con- L J tract debt due to them they had taken a bond and a mortgage instead of instituting a suit, with the rational hope that by means of the bond aud the mortgage they should obtain payment from their co-trustee."(?o) The result of his lordship's judgment was, that, under the circumstances dis- closed by the master's report, the trustees were clearly to be held respon- sible for the loss of the money. Co-executors also, like co-trustees, are generally answerable each for his own acts only and not for the acts of any co-executor. (.r) But in respect of receipts, the case of co-exectttors is materially different from that of co-trustees. An executor has, independently of his co-executor, a full and absolute control over the personal assets of the testator. If an executor join with a co-executor in a receipt, he does a wanton and unnecessary act; he interferes when the nature of the ofiice lays upon him no such obligation, and therefore it was a rule very early established, that, if executors joined in receipts, they should be answerable, each in solido, for the amount of the money received. (?/) In Westley v. Clarke(^;) Lord Northington expressed an opinion that aimed at breaking down the rule ; and by his decision of that case he succeeded in establishing a qualification of it. Thompson, one of three co-executors, had called in a sum of money secured by a mortgage for a term of years, and received *the r*oi i-i amount, and afterwards, but the same day, sent round his clerk L J to his co-executors with a particular request that they would execute thi^ assignment and sign the receipt, which they accordingly did. Thompson afterwards became bankrupt, and the money was lost, and thereupon a bill was filed to charge the co-executors. Lord Northington said, "The rule that executors joining in a receipt are all liable amounts to no more than this, that a joint receipt given by executors is a stronger proof that (w) 3 Sw. 71. (x) Hargthorpe v. Milforth, Cro. El. 318; Anon. Dyer, 210 a; Wentw. Off. Ex. 306, 14 Edn. ; Williams v. Nixon, 2 Beav. 472. {y) Aplyn v. Brewer, Pr. Ch. 173; Murrell v. Cox, 2 Vern. 5G0 ; Ex parte Belchier, Amb. 219, per Lord Hardwicke; Leigh v. Barry, 3 Atk. 584, per eunde-u ; Harrison v. Graham, 3 Hill's MSS. 239, per eundem, cited 1 P. W. 241, 6th eu. note {y) ; Darwell v. Darwell, 2 Eq. Ca. Ab. 456; Gregory v. Gregory, 2 Y. & C. 316, per Baron Alderson. (z) 1 Ed. 357 ; S. C. 1 Dick. 329 ; and see Harden v. Parsons, 1 Ed. 147, 148. Yet in Churchill v. Hobson, 1 P. W. 241, note (1) by Mr. Cox, his lordship is reported to have said, according to a note of the case by Sir L. Kenyon, that in Westley v. Clarke he should have thought the co-executors liable if they hadbfon present at the time the money was paid ; and Lord Redesdale, in Doyle v. Blake. 2 Sch. & Lef. 242, 243, seemed to think that Lord Northington had no intention of breaking down, but only of qualifying the rule. 292 LEWIN ON THE LAW OF TRUSTS, ETC. they actually joined in a receipt, because generally tliey have no occasion to join for conformity. But, if it appears plainly that one executor only received and discharged the estate indebted and assigned the security, and the others joined afterwards without any reason, and without being in a capacity to control the act of their co-executor either before or after that act was done, what grounds has any court in conscience to charge him ? Equity arises out of a modification of acts, where a very minute circumstance may make a case equitable or iniquitous : and though former authorities may and ought to bind the determination of subsequent cases with respect to rights, as in the right of curtesy or dower, yet there can be no rule for the future determination of this court concerning the acts of men. The only act that affected the assets was the first that dis- charged the debt, and, according to the sense of the bar, transferred the le"-al estate of the lands. Then that the co-executors are not to answer for, and the second is nugatory." His lordship was therefore of opinion that the co-executors were not liable for the misapplication by the co- executor. The doctrine propounded in this case, that the joint receipt of co- executors is merely a stronger proof of the actual receipt than in the instance of co-trustees, and that an executor as well as a trustee may rebut the presumption by positive evidence, has since been repeatedly contradicted both by dicta and deGisions.(a) The simple point deter- r*oi9-i ™i^^^j "^^2- *^^^ ^° *executor who signs shall not be answerable L "" ""-1 when the act of signature is nugatory, may be considered as now settled. Lord Thurlow, indeed, is reported to have questioned the decision iu Westleyv. Clarke :(7>) but Lord Alvanley said, "he must enter his dissent against the rule, that executors joining in a receipt were both liable, for he did not hold that an executor could not m aiii/ case be dis- charged from a receipt given for conformity : he did not find fault, for instance, with the case of Westley v. Clarke."(c) And, again, he said, "he perfectly concurred in the decision of that case; and the joining in a receipt, though not perhaps absolutely necessary, he would not con- sider conclusive.'" {cl) Lord Eldon, in evident allusion to the case of Westley v. Clarke, admitted the old rule had haen pared down, at the same time expressing his opinion that the notion upon which the later cases had proceeded, viz. that the old rule had a tendency to discourage executors from acting, was very ill-founded. A plain general rule, he thought, which once laid down was easily understood and might be generally known, was much more inviting to executors than a rule referring every thing to the particular circumstances. (e) (a) Scurfield v. Howes, 3 B. C. C. 90 ; Sadler v. Hobbs, 2 B. C. C. 114; Lang- ford V. Gascoyne, 11 Ves. 333 ; and see Doyle v. Blake, 2 Sch. & Lef. 243 ; Joy v. Campbell, 1 Sch. & Lef. 341 ; Chambers v. Minchin, 7 Ves. 198 ; Brice v. Stokes, 11 Ves. 325; Shipbrook v. Hinchinbrook, 16 Ves. 479; Walker v. Symonds, 3 Sw. 64; Re Fryer, 3 Jur. N. S. 485 ; decided by Vice-Chancellor Wood; which supports Lord Northington's view. (i) Sadler v. Hobbs, 2 B. C. C. 117. (c) Scurfield v. Howes, 3 B. C. C. 94. {d) Hovey v. Blakeman, 4 Ves. 608. («) See Chambers v. Minchin, 7 Ves. 198; Brice v. Stokes, 11 Ves. 325; Ship- brook V. Hinchinbrook, 16 Ves. 479, Walker v. Symonds, 3 Sw. 64. GENERAL PROPERTIES OF OFFICE OF TRUSTEE. 293 The present doctrine of the court was thus enunciated by Lord Eldon: — ''Though one executor has joined in a receipt, yet whether he is liable shall depend upon his acting. The former was a simple rule that Johmtg should be considered as acting, but now Joining alone does not impose responsibility/'(/) The same rule was laid down by Lord Kedesdale, and in his usual clear and forcible language. " The dis- tinction," he said, '' with respect to mere signing appears to be this ; that if a receipt be given for the purpose of form, then the signing will not charge the person not receiving; but if it be given under circum- stances purporting that the money, though not actually received by both executors, was under the ^control of both, such receipt shall r^g^g-i charge ; and the true question in all these cases seems to have L J been, whether the money was under the control of both executors : if it was so considered by the person paying the money, then the joining in the receipt by the person who did not actually receive amounted to a direction to pay to his co-executor (for it could have no other meaning,) and he became responsible for the money, just as if he had actually received it.(^g) Thus, where two executors join in a receipt to a debtor, though the receipt of one would have been a discharge to the debtor, yet, they joining in the discharge, the debtor is taken to have paid them to them both. His requiring the discharge of the executor who has not received the money amounts to saying, " I make this payment to you both, and not to him only who actually receives the money."(/i) In Churchill v. Hobson,(i) Lord Harcourt took a distinction between creditors and legatees ;(/c) that in the case of creditors, who were entitled to the utmost benefit of the law, the joining of the executors in the receipt might make each liable for the whole ; but when legatees were concerned, who had no remedy for their demand except in equity, it was altogether unequitable, that one executor should answer for the receipt of the other. But this refinement of Lord Harcourt has by sub- sequent authorities been clearly overruled. (7) The comment of Lord Northington, though it may not express faithfully the distinction intended by Lord Harcourt, is too ingenious not to be here mentioned. " At law," he said, " a joint receipt is conclusive evidence that the money came to them both, and is not to be contradicted ; but a court of equity, which rejects estoppels and pursues truth, will decree according to the justice and verity of the fact ; and what is said by Lord Harcourt as to the distinction between a receipt of this kind as to a legatee and a creditor seems to have this meaning — that a creditor may at law charge both executors on a joint receipt, but *that in a court of equity, r^gj^^-i where alone legacies are received, such receipt should not be L conclusive, but the court will see who actually received, and charge that person accordingly." (?)i) (/) Walker v. Symonds, 3 Sw. 64. (ff) Joy V. Campbell, 1 Sch. & Lef. 341. (h) Doyle v. Blake, 2 Sch. & Lef. 242. (0 1 ?• ^- 241. (k) See Gibbs v. Herrin?, Pr. Ch. 49. (/) See Sadler v. Hobbs, 2 B. C. C. 117 ; and see Doyle v. Blake, 2 Sch. & Lef. 239. (m) Harden v. Parsons, 1 Ed. 147. 294 LEWIN ON THE LAW OF TRUSTS, ETC. Lord Redesdale has rightly observed, that '<■ there may be a case, where executors would be charged as against creditors, though not as against legatees, for legatees are bound by the terms of the will, creditors are not; and therefore, if the testator direct the executors to collect the assets, and pay the proceeds into the hands of A., which is done accord- ingly, and A. fails, if a creditor remain unpaid, he may charge the executors; but, as regards a legatee, the executors may justify them- selves by the directions of the will."(«) On the same principle that an executor is liable for joining in a receipt he is responsible for any act by which he reduces any part of the testator's property into the possession of his co-executor,(o) as if an executor join in drawing,(p) or indorsing,(2') a bill, or invest a sum in the joint names of himself and his co-executors, so that on his own death the entire control of the fund devolves on the co-executor.(r) So it is laid down in an old case, that " if by agreement between the executors one be to receive and intermeddle with such a part of the estate, and the other with such a part, each of them will be chargeaMe for the whole, because the receipts of each are pursuant to the agreement made betwixt both."(s) So an executor is answerable, if he give a power of attorney, or other authority, to his co-executor to collect the assets. ((") But under particular circumstances the joining of an executor is as absolutely necessary as the joining of a trustee, and of course in such cases executors and trustees are put upon the same footing in respect of liability. r*m W\ *'^^i^^j ^^ ^ bi^^ 0^ exchange be remitted two agents payable L -J to them personally, who on the death of their principal are made his executors, the mere indorsement of one, after they are executors, in order to enable the other to receive the money, will not operate to charge him who does not actually receive, (w) And so where the joining of both executors is necessary to the trans- fer of stock.(;;) But even where the joining of an executor is absolutely indispensable, it is still incumbent on the executor to see that the act in which he joins is perfectly consistent with the due execution of the trust. (%') And the executor will not be excused if he rely on the mere repre- (n) Doyle v. Blake, 2 Sch. & Lef. 239, 245. (o) Townsend v. Barber, 1 Dick. 356; Moses v. Levi, 3 Y. & C. 359. \p) Sadler v. Hobbs, 2 B. C. C. 114. [q) Hovej v. Blakeman, 4 Ves. 608, per Lord Alvanley. (r) Clough V. Dixon, 8 Sim. 594; 3 M. & C. 490. (s) Gill V. Attorney-General, Hard. 314 ; see Moses v. Levi, 3 Y. & C. 359. [i) Doyle V. Blake, 2 Sch. & Lef. 231 ; Lees v. Sanderson, 4 Sim. 28 ; Kilbee v. Sneyd, 2 Moll. 200, per Sir A. Hart ; see Moses v. Levi, 3 Y. & C. 359. {u) Hovey v. Blakeman, 4 Ves. 608, per Lord Alvanley. {v) Chambers v. Minchin, T Ves. 197, per Lord Eldon ; Shipbrook v. Hinchin- brook, 11 Ves. 254; S. C. 16 Ves. 479, per eunckm. ; see Murrell v. Cox, 2 Vern. 570, and compare Scurfield v. Howes, 3 B. C. C. 94; (note, the doctrine at the period of the last case had not been settled ;) and see Moses v. Levi, 3 Y. & C. 359. ^ (w) Chambers v. Minchin, 7 Ves. 186; Shipbrook v. Hinchinbrook, 11 Ves. 252 ; Underwood v. Stevens, 1 Mer. 712 ; Bick v. Motley, 2 M. & K. 312 ; Williams v. JSixon, 2 Beav. 472 ; Hewett v. Foster, 6 Beav. 259. GENERAL PROPERTIES OF OFFICE OF TRUSTEE. 295 sentation of his co-executor as to the necessity or propriety of the act, for the executor has imposed upon him at least ordinary and reasonable diligence to inquire whether the representation is true.(a;) And if, at a period when in the ordinary course of administration the debts should long sinee have been discharged, an executor is applied to by his co-executor to join in a transfer of stock for the purpose of payment of debts, and the executor does inquire, and ascertains there are such debts, but afterwards it turns out that the co-executor had in his hands a fund sufficient for the payment of the debts, in such a case the executor who joins in the receipt is liable to the imputation of neg- ligence for not having acquainted himself how the co-executor had dealt with the assets during the preceding period, and is liable for the appli- cation of the money he enables the co-executor to receive. (y) *And the executor will be answerable if he leave the money, ^^^.-1^-. as for two years, in the hands of the co-executor, when by the L -^ terms of the trust it ought to have been invested on proper securities. (2) But, of course, an executor will not be called upon to replace so much of the fund as it can be proved the co-executor bona Jide expended toward the purposes of the trust. (a) A notion was very commonly entertained, until recent decisions, that if an executor merely proved the will and remained passive, he incurred no liability for a devastavit by the co-executors ; but the contrary has now been established. Thus, in Styles v. Guy,(6) a testator appointed three executors, all of whom proved the will ; but one of them, viz., Guy, was the acting executor. Guy, at the death of the testator, had large assets in his hands, with which he eventually absconded. The two co-executors were held responsible for the loss ; and though free from blame morally, had to pay upwards of 20,000/. out of their own pockets. They knew, or ought to have known, that Guy was a debtor to the estate ; and having by probate accepted the executorship, it was their duty to have recovered the debt from Guy as from any other debtor to the estate, and this they neglected to do for a period of six years. The rules respecting co-executors are equally applicable to co-admin- istrators. Lord Hardwicke once expressed an opinion, that joint admin- istrators resembled rather co-trustees, and that any one of them could not exercise the office without the concurrence of the rest ;(c] but it was afterwards determined in the Court of King's Bench, that joint admin- istrators and co-executors stood in this respect precisely on the same footing.^c?) (x) Shipbrook V. Hincliinbrook, 11 Ves. 252, see 254; Underwood v. Stevens, 1 Mer. "712 ; Hewett v. Foster, 6 Beav. 259. (ij) Shipbrook v. Hinchinbrook, 11 Ves. 254, per Lord Eldon ; Bick v. Motley, 2 M. & K. 312. (2) Scurfield v. Howes, 3 B. C. C. 91 ; and see Lincoln v. Wright, 4 Beav. 427. (a) Shipbrook v. Hinchinbrook, 11 Ves. 252; S. C. 16 Ves. 477; Williams v. Nixon, 2 Beav. 472 ; Kilbee v. Sneyd, 2 Moll. 213, per Sir A. Hart; Underwood v. Stevens, 1 Mer. 712 ; and see Brice v. Stokes, 11 Ves. 328 ; Hewett v. Foster, 6 Beav. 259. (b) I Mac. & Gor. 422 ; and see Scully v. Delanj-, 2 Ir. Eq. Rep. 165. (c) Hudson v. Hudson, 1 Atk. 460. (d) Willand v. Fenn, cited Jacomb v. Harwood, 2 Ves. 2G7. 296 LEWIN ON THE LAW OF TRUSTS, ETC. To return to tlie liabilities of co-trustees, if one trustee be [*317] *gognigant of a breach of trust committed by another, and either industriously conceal it,(e) or do not take active measures for the protec- tion of the cestui' s que trust interest,(/) he will himself become respon- sible for the mischievous consequences of the act. A trustee is called upon, if a breach of trust be threatened, to prevent it by obtaining an injunction, (^) and, if a breach of trust has been already committed, to file a bill for the restoration of the trust fund to its proper condition,(7!,) or, at least, to take such other active measures, as, with a due regard to all the circumstances of the case^ may be considered the most pruden- tial. («) An express clause is usually inserted in trust-deeds, that one trustee shall not be answerable for the receipts, acts, or defaults of his co-trus- tee. But the proviso, while it informs the trustee of the general doc- trine of the court, adds nothing to his security against the liabilities of the office. In Wesley v. Clarke(/t) Lord Northington was inclined to attach some importance to the clause. << The testator," he said, ^' might direct the condition of his executors so as not to be questioned by his volunteers. The proviso, therefore, that one executor should not be answerable for the acts of another, though not very frequent in wills, was a good proviso between executors and legatees who took under the will." But equity infuses such a proviso into every trust-deed, (/) and a party can have no better right from the expression of that which, if not expi'essed, had been virtually implied. (?n) It is clear, that, in later cases, the court has considered it an immaterial circumstance whether the instrument creating the trust contained such a proviso or not.(;i) |-^o-io-i *VI. It is a general rule established to keep trustees in the L -J line of their duty, that they shall not derive any personal advan- tage from the administration of the property committed to their charge. (o) It was upon this principle that Lord Eldon once directed an inquiry, whether the liberty of sporting over the trust estate could be let for the benefit of the cestuis que trust, and, if not, he thought the game should belong to the heir ; the trustee might appoint a gamekeeper, if necessary for the preservation of the game, but not to keep up a mere establish- (e) Boardman v. Mosman, 1 B. C. C. 68. (/) Brice v. Stokes, 11 Yes. 319; and see Walker v. Symonds, 3 Sw. 41; Oliver v. Court, 8 Price, IGG ; In re Chertsey Market, 6 Price, 279 ; Attorney- General V. Holland, 2 Y. k C. 699 ; Booth v. Booth, 1 Beav. 125; Williams v. Nixon, 2 Beav. 472; Blackwood v. Borrowes, 2 Conn. & Laws. 477. (ff) See In re Chertsey Market, 6 Price, 279. (A) Franco v. Franco, 3 Yes. 75 ; Earl Powlet v. Herbert, 1 Yes. jun. 297. (i) See Walker v. Symonds, 3 Sw. 71. (k) 1 Ed. 360. (l) See Dawson v. Clarke, 18 Yes. 254. (wi) Worrall v. Harford, 8 Yes. 8, (n) Brice v. Stokes, 11 Yes. 319; Bone v. Cook, M'Clel. 168; S. C. 13 Price, 332 ; Hanbury v. Kirkland, 3 Sim. 265; Moyle v. Moyle, 2 R. & M. 710 ; Sadler v.' Hobbs, 2 B. C. C. 114; Mucklow v. Fuller, Jac. 198 ; Pride v. Fooks, 2 Beav. 430; Williams v. Nivon, 2 Beav. 472. (o) Burgess v. Wheate, 1 Ed. 226, per Lord Mansfield; ib. 251, per Lord Henley; O'Herlihy v. Hedges, 1 Sch. & Lef. 126, per Lord Redesdale ; Ex parte Andrews, 2 Ptose, 412, per Sir T. Plumer; Middleton v. Spicer, 1 B. C. C. 205, per Lord Thurlow; Docker v. Somes, 2 M. & K. 664, per Lord Brougham ; Gubbins v. Creed, 2 Sch & Lef. 218, per Lord Redesdale; and see Hamilton v. Wright, 9 CI. & Fin. Ill ; Bentley v. Craven, 18 Beav. 75; Sugden v. Crossland, 3 Sm. & Giff. 192. GENERAL PROPERTIES OF OFFICE OF TRUSTEE. 297 ment of pleasure. (p) So, if an advowson be devised to trustees upon trust to sell, and, before the sale has been effected, a vacancy occurs, the right of presentation is not to be exercised by the trustee at his own pleasure, but he must adopt the nomination of the testator's heir at law. (5') So, if trustees or executors buy in any debt or incumbrance to which the trust estate is liable for a less sum than is actually due thereon, they will not be allowed to take the benefit to themselves, but the other cre- ditors or legatees shall have the advantage of it ; and if there be no such claimants, it shall go to the party who is entitled to the surplus. (r) Mortgagees are to some though not to all intents and purposes trustees, and in one case, the authority of which, however, *has been r^3]^9-| doubted, where a mortgagor in fee died, and the mortgagee L J bought in the mortgagor's wife's right of dower it was decreed that the heir of the mortgagor, on bringing his bill to redeem, might take the purchase at the price paid.(s^ Again, if trust money be laid out by a trustee in buying and selling land, and a profit be made by the transaction, that shall go, not to the trustee who has so applied the money, but to the cestui que trust whose money has been applied. (^) So where a trustee or executor has used the fund committed to his care in stock speculations, though any loss must fall exclusively upon himself, he must account to the trust estate for every farthing of profit. If he lay out the trust money in any commer- cial adventure, as in buying or fitting out a vessel for a voyage, or put it in the trade of another person from which he is to derive certain stip- ulated gains,(M) or if he employ it himself for the purposes of his own business, in all these cases he must account to the cestui que trust for the profits, (w) As the trustee of an estate cannot receive any advantage from it, he cannot be appointed the receiver at a salary ;(io) and even should he offer (p) "Webb V. Earl of Shaftesbury, 1 Ves. 480, see 488; and see Hutchinson v. Morritt, 3 Y. & C. 547. ,^ „ ^ (q) Hill V. Bishop of London, 1 Atk. 618; In re Shrewsbury School, 1 M. & Lr. 647; Martin v. Martin, 12 Sim. 579; Sherrard v. Lord Harborough, Arab. 165; Cooke V. Cholmondeley, 3 Drewry, 1 ; and see Hawkins v. Chappell, 1 Atk. 621; Gubbins V. Creed, 2 Sch. & Lef. 218. (r) Robinson v. Pett, 3 P. W. 251, note (A;) Darcy v. Hall, 1 Vern. 49; Ex parte Lacey, 6 Ves. 628, per Lord Eldon; Morrett v. Paske, 2 Atk. 54, per Lord Hardwicke; Anon. 1 Salk. 155 ; Carter v. Home, 1 Eq. Ca. Ab. 7; Dunch v. Kent, 1 Vern. 260 ; Fosbrooke v. Balguy, 1 M. & K. 226. (s) Baldwin v. Banister, cited Robinson v. Pett, 3 P. W. 251, note (A), and see comments thereon ; Dobson v. Land, 8 Hare, 220; and compare Arnold v. Garner, 2 Phil. 231; Mathison v. Clarke, 3 Drewry, 3. (t) Fosbrooke v. Balguy, 1 M. & K. 226. (u) Docker v. Somes, 2 M. & K. 664, per Lord Brougham. ., , n (v) S. C. id. 665; Wedderburn v. Wedderburn, 2 Keen, 722; S. C. 4 M. & Or. 41; but see S. C. 2 Jur. N. S. 674; Willett v. Blandford, 1 Hare, 253; and^see Portlock V. Gardner, 1 Hare, 603; Cummings v. Cummings, 8 Ir. Eq. Rep. 723; Parker v. Bloxam, 20 Beav. 295 ; Wedderburn v. Wedderburn, reported on the late hearing before the master of the rolls, 22 Beav. 84. It appears from a note by the reporter at page 124, that the decision was appealed from, but that the suit was compromised. («•) Sutton V. Jones, 15 Ves. 584 ; Sykes v. Hastings, 11 "\ es. 303 ; — - v. Hol- land, 8 Ves. 72; Anon. 3 Ves. 515; and see Morison v. Morisou, 4 M. & C. 215. 298 LEWIN ON THE LAW OF TRUSTS, ETC. his services gratuitously, lie would not be appointed except under parti- cular circumstances, for it is the duty of the trustee to superintend the receiver and check the accounts with an adverse eje;(x) but if a person be merely a trustee to preserve contingent remainders, the reasons for excluding him are held not to be applicable.(.y) So a trustee or executor who is a factor,(2;) broker,(a) *com- L J mission agent,(5) or auctioneer, (c) can make no profit from the trust estate in the way of his business. So a trustee who is a solicitor cannot charge the estate for his profes- sional labours, but will be allowed merely his costs out of pocket,((^) unless there be a special contract to that eflfectj^e) nor can the charge be made by a firm of which the trustee is a partner,(/) even though the business be done by one of the partners who is not a trustee ;(<7) but a country solicitor defending a suit in chancery as executor, through a town agent, will be allowed such proportion of the agent's bill in respect of the defence as such agent is entitled to receive. (A) In one case the principle of the rule was held not to apply where sev- eral co-trustees were made defendants to a suit, this being a matter thrust upon them and beyond their own control. One of the trustees, who was a solicitor, was allowed to act for himself and the others, and to receive the full costs, it not appearing that they had been increased through his conduct. (A But this decision is open to comment. If the distinction be made between costs out of court and costs in court, because, as regards the latter, the conduct of the trustee is under the cognisance of the court, and the costs are to be taxed, the rule would equally apply to the case of a single trustee defending himself; yet it is difficult to conceive any other ground for the distinction. (A-) The exception made appears to stand by itself, and is not likely to be extended. Indeed where a single trustee defended himself by his partner, the professional profits were disallowed. The foregoing principles affect not only express trustees, but also all such r*R911 ^^ ^^^ clothed with the same character by ^construction of law, L J as if a person purchase an estate with another's monei/, or invest another's projpertf/ in some trade or speculation. (m) So, an attorney, (z) Sykes v. Hastings, 11 Ves. 364, per Lord Eldon. (y) Sutton V. Jones, 15 Ves. 587, per Lord Eldon. (z) Scattergood v. Harrison, Moseley, 128. (a) Arnold v. Garner, 2 Phil. 231. (6) Sheriff V. Axe, 4 Russ. 33. (c) Mathison v. Clarke, 3 Drewry, 3. (d) New V. Jones, Exch. Aug. 9, 1833, 9 Bythew. by Jarm. 338 ; Moore v. Frowd, 3 M. & Cr. 46 ; Fraser v. Palmer, 4 Y. & C. 515 ; York v. Brown, 1 CqU. 260j Broughton v. Broughton, 5 De Gex, Mac. & Gor. 160. (c) In re Sherwood, 3 Beav. 338. (f) Collins V. Carey, 2 Beav. 128 ; Lincoln v. Windsor, 9 Hare, 158. h) Christophers v. White, 10 Beav. 523. (h) Burge V. Burton, 2 Hare, 373. (i) Cradock v. Piper, 1 Mac. & Gor. 664; S. C. 1 HalL & Tw. 617; overruling Bainbrigge v. Blair, 8 Beav. 588. {k) See Broughton v. Broughton, 2 Sim. & Gif. 422 ; 5 De Gex, Mac. & Gor, 160. (1) Lyon V. Baker, 5 De Gex & Sm. 622. (m) Docker v. Somes, 2 M. & K. 665 ; Crawshay v. Collins, 15 Ves. 218 ; S. C. 1 J. &W. 267; S. C. 2 Russ. 325. > J ' > GENERAL PROPERTIES OF OFFICE OF TRUSTEE. 299 » guardian, or other person invested with a fiduciary character, must ac- count for all profits to the client, or infant, or other party whose confi- dence he has abused. r?i) However, a trustee may hj possibiUfi/ derive a benefit from the trust estate, not from any positive right in himself, but from the want of right in any other; as if lands be vested in A. and his heirs upon trust for B, and his heirs, and B. die without an heir, the equitable interest in this case can neither escheat to the lord,(o) nor, if the trust was created by conveyance from B. whose seisin or title was ex parte paternd, can the lands, upon failure of heirs in that line, descend to the heir ex parte mate7'na ;[p) but the trustee, no person remaining to sue a subpoena, must as the legal proprietor, himself enter upon the beneficial enjoy- ment. Lord Hale was clearly of this opinion, and compared it to the case of the grantee of a rent charge in fee dying without heirs, when the tenant of the land should hold it discharged of the rent.(j) In Bur- gess V. Wheate, Sir Thomas Clarke said he would give no opmion on the right of the trustee, but at the same time admitted the trustee must hold until a better right appeared. (r) Lord Henley seemed to entertain no doubt upon the subject, and considered Lord Hale's illustration by the extinguishment of a rent as a suflScient answer to the objection of want of title in the trustee,(sj and the point must now be considered as clearly settled, (z') But if an estate be held by A. upon trust for B., and B. die without leaving an heir, but having devised the estate to C. and D. upon trust, which fail or do not exhaust the beneficial *interest ; A. cannot r^ooon insist on retaining the estate upon ofi"ering to satisfy the charges, L "'^J if any, but will be bound to convey the estate to C. and D. as the nom- inees in the will, and entitled as against A., the bare trustee, and the court as between those parties will not inquire into the nature of the trust or how far it can be executed. («) It seems to follow from the principles laid down in Burgess v. Wheate, that, where a purchaser has paid the consideration money, and then dies without an heir before the execution of the conveyance, the vendor must keep both the estate and the money. (lA In the same case, and in reference to the supposed event of a mortga- gor in fee dying and leaving no heir, the questions were asked : first, should the mortgagee hold the estate absolutely ? and, secondly, if the mortgagee demanded his debt of the personal representative, should he take to himself both the land and the debt? "If the mortgagor," ob- served Sir Thomas Clarke, " dies without heir or creditor, I see no in- convenience if the mortgagee do hold the estate absolutely ; and as to (n) See Docker v. Somes, 2 M. & K. 665. \o) Burgess \. Wheate, 1 Ed. IT 7. Ip) See id. 186, 216, 256. {g) Attorney-General v. Sands, Hard. 496 ; and see Carr, 14. (r) 1 Ed. 212, 213. (s) 1 Ed."253. Ijt) Taylor v. Haygarth, 14 Sim. 8 ; Davall v. New River Company, 3 De Gex & Sm. 394 ; Cox v. Parker, 2 Jnr. N. S. 842 ; now reported 22 Bear. 168. (m) Onslow V. Wallis, 1 Mac. & Gor. 506. \v) 1 Ed. 211, per Sir T. Clarke. 300 LEWIN ON THE LAW OF TRUSTS, ETC. the supposition that the mortgagee may demand his debt too, I think, if the mortgagee took his remedy against the personal representative, the court would compel him to reconvey, not to the loi'd by escheat, but to the personal representative, and would consider the estate reconveyed as coming in lieu of the personalty, and as assets to answer even simple contract creditors. "(w) Lord Mansfield said, " He could not state on any ground established what would be the determination in that case.(x) Lord Henley observed, <' The lord has his tenant and services in the morto'ao-ee, and he has no right to anything more. Perhaps it would not be difficult to answer what would be the justice of the case, but it is not to the business in hand.(^) A recent decision of the present master of the rolls establishes that the mortgagee holds absolutely, subject only to the qualification that the equity of redemption is assets for the payment of the mortgagor's debts. (s) *But a failure of inheritable blood may happen not only for L J want of an heir, (as in the case of an illegitimate person dying without issue,) but through the corruption of blood caused by attainder, under the old law for felony^ or now for i->€tit treason or murder ; and in the case of su^ch attainder, the question arises, shall the trustee hold against the person attainted if pardoned, or against his heir where attain- der is followed by execution ? Sir Thomas Clarke said, " The detain- ing the estate against the crown where the cestui que trust dies without leaving a relation is different from detaining it against the cestui que trust himself. The court would go as far as it could, and he thought the trustee would be estopped from settiugup such a claim. "(«) Lord Mansfield said, " He could not resolve the case upon principle, for he could find no clear and rertain rule to go hy."(^h\ But Lord Henley agreed with Sir Thomas Clarke, and asked, " If the king thinks proper to pardon the felon, what hinders him from suing his trustee? — what hinders him from instantly assigning his trust for the benefit of his family ?''(t) If trusts were to follow the analogy of uses, the Jieir of the attainted person could not sue his suhporyia by reason of the corruption of blood ;(c?) but trusts at the present day are administered on much more liberal principles than uses formerly were. A question was put by Lord Mansfield in Burgess v. Wheate, but was neither answered at the time, nor received any notice from the bench afterwards, viz. whether the right to the estate might not, in particular cases, result to the author of the trust. (f) As, if A. enfeoff B. and his heirs upon trust for C. and his heirs, and C. die without heirs, why may not the equitable interest result in favour of A. ? Such a case has never occurred, and there is no authority upon the subject; but the claim of A. appears at least to have some plausibility. As the trustee in these cases advances not a positive, but merely a (w) 1 Ed. 210. (x) Id. 236. (y) Id. 256 ; and see Viscount Downe v. Morris, 3 Hare, 394. U) Beale v. Symonds, 16 Beav. 406. (a) 1 Ed. 210. (6) Id. 236 ; and see id. 184. (c) Id. 255 ; as to the necessity for the pardon containing words of restitution. see Bullock v. Dodds, 2 B. & Aid. 277. ((/) Br. Feff. al. Us. 34; Gary, 14. (e) ] Ed. 185. GENERAL PROPERTIES OF OFFICE OF TRUSTEE. 301 negative claim, lie lias no ground for coming into a court of equity for the establishment of his right.(/) Thus *where A. devised a |-:^q9_i-i copyhold estate to JB. and his heirs in trust for C. and his heirs, L "• J and C. died without heirs, and then B. died, having entered upon the lands, and applied the rents to the trust, but never having been admitted, and the heir of B. filed a bill against the lord for compelling him to grant him admission, Lord Loughborough said, " The ground for the court's acting between the lord and tenant is, that the lord de jure may call upon the tenant to be admitted if he stands out, for he has a right to the fine and his services ; and the court would not let the parties stand in this situation, that the lord who had his remedy against the tenant should, by refusing to call upon him, prevent him from having evidence of his title under the lord upon the rolls, which are in the lord's keeping. The court acts in this case upon the ground of the tenant's having the beneficial interest in the land, but is there any instance of a bill sustained upon a mere legal title for an accessory to the legal estate ? If the admission be a legal duty, I do not know what I have to do with it. Burgess v. Wheate, supposing it well decided, established, that, if a man had got the legal estate, the court would not take it from him, except for some person who had a claim ; but does it follow that the court will give him the legal estate ?"(i/) As courts of law have no cognisance of any but legal rights, it should seem that a mandamus might be issued from the Queen's Bench for compelling the admission even of a bare trustee. (A) If the cestui quetrust of chattels, whether real or personal, die without leaving any next of kin, the beneficial interest will not, in this case, remain with the trustee, but like all other hona vacantia will vest in the king by his prerogative. However, this doctrine will only take eff"ect where the cestui que trust dies intestate, {^i'^ or has appointed an executor, who by the language of the will itself is excluded from any beneficial interest ;(A;) for an executor not expressly made a trustee by *the will, was before thelate act,(?) eniiiXQdi prima facie to the sur- r-^j^oQr-i plus for his own benefit, and that statute has now converted him into L ^" -I a trustee for the next of Mn only, and does not seem to have altered the old law, as between him and the crown, in case there be no next of kin. AVe may conclude this head with the general proposition, that a trus- tee is, under no circumstances, allowed to set up a title adverse to his cestui que trust. {in) But though he may not claim against his own (/) See 1 Ed. 212 ; and see Onslow v. Wallis, 1 Mac. & Gor. 506. (g) Williams v. Lord Lonsdale, 3 Ves. 752 ; see 756, 757. (A) See King v. Coggan, 6 East, 431 ; S. C. 2 Smith, 417 ; King v. Wilson, 10 B. & C. 80. (i) Jones v. Goodchild, 3 P. W. 33 ; Rutherford v. Maule, 4 Hagg. 213. {k) Middleton v. Spicer, 1 B. C. 0. 201 ; Taylor v. Haygarth, 14 Sim. 8 ; Rus- sell V. Clowes, 2 CoUyer, 648 ; Powell v. Merrett, 1 Sm. & Gif. 381 ; and see Bar- clay V. Russell, 3 Ves. 424 ; Henchman v. Attorney-General, 2 S. & S. 498 ; S. C. 3 M. & K. 485 ; Cave v. Roberts, 8 Sim. 214. {I) 11 G. 4 & 1 W. 4, c. 40. (m) See Attorney-General v. Munro, 2 De Gex & Smale, 163 ; Stone v. Godfrey, 5 De Gex, Mac. & Gor. 76; Ex parte Andrews, 2 Rose, 412 ; Kennedy v. Daly, 1 Sch. & Lef. 381 ; Shields v. Atkins, 3 Atk. 560 ; Pomfret v. AVindsor, 2 Yes. 476 ; February, 1858.— 20 302 LEWIN ON THE LAW OF TRUSTS, ETC. cestui que trust, yet lie is not bound to deliver over tlie property to his cestui que trust if he cannot safely do so by reason of notice of title in another which is paramount to the trust. (?i) r*326] ^CHAPTER XIII. THE DUTIES OF TRUSTEES OF CHATTELS PERSONAL. We next advance to the duties of trustees, and as trusts of chattels personal are of the most frequent occurrence, we may first advert to trustees of property of this description. We may consider this branch of our subject under five heads : — 1. The reduction of the chattel into the possession of the trustee. 2. The safe custody of it. 3. The proper investment of the trust fund. 4. The liability of trustees to payment of interest in cases of improper detainer : and, 5. The distribution of the trust fund. SECTION I. OF REDUCTION INTO POSSESSION. The first duty of trustees is to place the trust property in a state of security. Thus if the trust fund be an equitable interest of which the legal estate cannot be at present transferred to them, it is their duty to lose no time in giving notice of their own interest to the persons in whom the legal estate is vested ; for otherwise the party who created the trust might incumber the interest he has settled in favor of a purchaser without notice. (a) If the trust-fund be a cliose en action, which may be reduced into possession, it is the trustees' duty to be active in getting it in ; and any unnecessary delay in this respect will be at their own personal risk. r*907-i Thus, in CaflFrey v. Darby,(&) a woman, in contemplation of *a L "^ -I second marriage, had assigned a leasehold interest with stock in trade, household goods, &c., to trustees upon trust to raise 800^. to be applied to the purposes in the settlement mentioned, with a proviso that, so long as her intended husband should pay 100/. per annum until the whole 800?. should be discharged, the trustees should allow him to remain in possession of the premises. In the course of the first four years the trustees were paid to the amount of 250/., but by small instalments and at irregular periods, and received nothing afterwards. At the end of eight years the husband became bankrupt, and a great part of the 800/. Conry v. Caulfield, 2 B. & B. 272 ; Langley v. Fisher, 9 Beav. 90; Reece v. Trje, 1 De Gex& Sm. 279. (n) Neale v. Davies, 5 De Gex, M. & G. 258. {a\ See Jacob v. Lucas, 1 Beav. 436. [h) 6 Yes. 488 ; and see Platel v. Craddock, C. P. Cooper's Cases, 1837-8, 481 ; M'Gacheu v. Dew, 15 Beav. 84 j Wiles v. Gresham, 2 Drewrv, 258; Waring v. Waring, 3 Jr. Ch. Rep. 335. DUTIES OF TRUSTEES OF CHATTELS PERSONAL. 303 was lost. Sir W. Grant said, " This was money payable by instalments, not a sum to be paid at once as a mortgage is, and secured, too, partly upon an estate daily diminisbing in value, a sbort lease for twentj^-five years commencing three years before the settlement, and upon stock in trade, &c., a sort of property very uncertain in its nature. From these two considerations, the diminishing value of the property and the mode of payment by instalments, I am of opinion the trustees were not justi- fied in any great indulgence, for it was evident the debtor's inability would be constantly augmenting. If he was unable to pay the first in- stalment, he must be still less able to pay the sums accumulated from permitting them to run together. The cases of payment by instalments and at once are quite difi"erent. In the latter the debtor may be able to pay that sum to-morrow, or next year ; but the chance of receiving money by instalments depends upon its being regularly received. There- fore, even though the trustees might not have been under the necessity of exacting from the husband the money on the precise day, yet they ought not to have given great latitude. They were hardly justifiable in permitting two instalments to become due; still less three; still less four. But here they permit him to remain four years in possession without receiving a shilling. That is evidence he was not prosperous : it did not turn out as well as he expected. It might be supposed that he was running in debt with other people. The trustees might have ex- pected a controversy with the creditors. They ought therefore to liave taken some step for the security of the infant cestuis que trust, particu- larly when that is combined with the other circumstance *that the |-^.-.9n-, property was diminishing in value." And his honour decreed L "^ J the trustees to make good the deficiency. Again, a testator had directed the money arising from his rents to be invested by his executors in the 3 per cent, annuities for the purpose of accumulation. Arrears were allowed to run to the amount of 15U0/., and from the tenor of the master's report it was evident, that, by the employment of proper means, the whole of the arrears might have been recovered. The executors produced no evidence in justification of their conduct. Sir Thomas Plumer said, "I am anxious not to discourage persons from acting as executors by throwing difl&culties in their way, and I am willing to make every proper allowance ; but I must not forget the established doctrine of this court. If persons accept the trust of executors, tliey must perform it ; they must use due diligence, and not suffer in/ants to he injured hy their nerjligence. If there he CRASSA NEGLIGENTIA, and a loss sustained hy the estate, it falls upon the cxo.cii- tors. Here, for want of evidence, I cannot say that all this rent could not have been recovered ; and I am reluctantly obliged to assume that no exculpatory evidence could be produced, and therefore they must be charged with these arrears. Interest upon the arrears was but faintly pressed for, and ought not to be given. "(c) An executor is not to allow the assets of the testator to remain out- standing upon jjerso?ia? security,((?) though the debt was a loan by the (c) Tebbs v. Carpenter, 1 Mad. 290. (d) Lowson v. Copeland, 2 B. C. C. 156 ; Caney v. Bond, 6 Bear. 486; Bailey 304 LEWIN ON THE LAW OF TKUSTS, ETC. testator himself on wliat lie considered an eligible investment. (e) And it will not justify the executor, if he merely apply for payment through his attorney, but do not follow it up by instituting legal proceedings. (/) Personal security changes from day to day, by reason of the personal responsibility of the party giving the security ; and as a testator's means of judging of the value of that responsibility *are put an end to L J by his death, the executor who omits to get in the money within a reasonalDle time becomes himself the security. (5^) An executor will be equally liable, as has lately been decided, if he knows that a co-executor is a debtor to the testator's estate, and does not take the same active steps for recovery of the amount from the co-executor, as it would have been his duty to take against a stranger. And it does not vary the case that the testator himself was in the habit of leaving money in the hands of that co-executor, and treating him as a private banker. (A) Nor will an executor be excused for not calling in money on personal security by a clause in the will, that the executors are to call in " securities not approved by them ;" for such a direction is construed as referable to securities upon which a testator's property may allowably be invested, and not as authorising an investment which the court will not sanction. (A If, however, it appears, or there is reasonable ground for believing, that had legal steps been taken they would have produced no result, the exe- cutor or trustee is not liable. (A) But where a great part of the assets was outstanding on Mexican bonds, and the executors sold in the course of the second year from the testator's decease, it was held by Lord Cottenham, that, if executors were bound at once to convert the assets without considering how far it was for the interest of the persons beneficially entitled, there would of necessity be always an immediate sale, and often at a great sacrifice of property; that executors were entitled to exercise a reasonable discretion according to the circumstances of the particular case. The will bad directed the trustees to convert " with all convenient speed," but this, observed his lordship, was the ordinary duty implied in the office of every executor. TA Money outstanding upon good mortgage security an executor is not r:^ooQ-| called upon to realise until it be wanted in the course of '''admin- L ' -I istration.(m) " For what," said Lord Thurlow, " is the execu- tor to do ? Must the money lie dead in his hands, or must he put it out on fresh securities ? On the original securities he had the testator's con- fidence for his sanction, but on any new securities it will be at his own V. Gould, 4 Y. & C. 221 ; and see Attorney-General v. Higham, 2 Y. & C. Ch. Ca. 634. ^ ^ ' [e] Powell V. Evans, 5 Ves. 839; Bullock v. Wheatley, 1 Coll. 130; and see Tebbs v. Carpenter, 1 Mad. 298 ; Clough v. Bond, 3 M. & Cr. 496. (/) Lowson v. Copeland, supra. {g) Bailey v. Gould, 4 Y. & C. 226, per Baron Alderson. {h) Styles v. Guy, 1 Mac. &: Gor. 422. [i] Styles v. Guy, 1 Mac. & Gor. 428 ; and see Scully v. Delany, 2 Ir. Eq. Rep. 1G5. [k) Clack V. Holland, 19 Beav. 262 ; Maitland v. Bateman, 16 Sim. 233, note. (0 Buxton V. Buxton, 1 M. & C. 80; Hughes v. Empson, 22 Beav. 181. {m) Orr v. Newton, 2 Cox, 2T4 ; and see Howe v. Earl of Dartmouth, T Ves. 150. DUTIES OF TRUSTEES OF CHATTELS PERSOXAL. 305 peril."(?i) But the trustee is bound to ascertain that there is no reason to suspect the goodness of the security. (o) When the property is reduced into possession by actual payment, as both trustees cannot receive, but both must join in signing the receipt, the money may be paid to one without responsibility on the part of the other. But a trustee will not be justified in allowing the co-trustee to retain the money in his hands for a longer period than the particular circumstances of the case may necessarily require. And, indeed, the safer course, where practicable, is, that the money should not be handed to either of the trustees personally, but should, in the first instance, be paid into some bank of credit to their joint account. (p) The powers of trustees to sign receipts will be considered more at large hereafter, but we may here observe that if money be payable to A., who is simply a trustee for B., it would clearly be a breach of trust to pay it to the trustee against the wishes of the cestui que trust ;(n case would make such an engagement without extreme necessity '- -■ or ample equivalent ; and the least that can be required by the court of its ofiicers is that degree of diligence and care which any man would use in the conduct of his own affairs. "(^) In a case before Sir A. Hart, in Ireland, an executor was held to be justified, though he had placed the assets in a bank so as to be under the control of the co-executor. The money was entered in the books to the Joint account of the co-executors, but the bank was in the habit of answering the cheques of either co-executor singly. ''It is the custom of bankers," said Lord Chancellor Hart, "that what is deposited by one to the joint account may be withdrawn by the cheque of the other; and for convenience of business, it is necessary this risk should be incurred, for it would be veiy hard to transact business if every cheque should be signed by all the executors. The mode in which the account has been kept, brings it, in effect, I admit, almost to the same thing as paying it directly to the co-executor; but each executor has full dominion and may deal with the general fund as he thinks proper, without making his co-executor chargeable for a devastavit." (Ji^ However, his lordship admitted that " if there were any fraud or collusion, wilful default, or gross neglect, or if the executor had any reason to put a stop to the mis- management by the co-executor, the case would be altered." (?) But even with this qualification the doctrine is so contrary to the principle of other cases that no trustee or executor could be advised to rely upon it in practice. (/r) The trustee will also be answerable for the failure of the bank, if he deposited the money there for safe custody when it was his clear duty to have invested it in the funds for improvement,(/) or if when the pur- poses of the trust do not require a balance to be kept in hand he lend a sum to the bank at interest upon no other security than their notes, for *this in effect cannot be distinguished from an oi'dinary loan |-:i..oo— i on personal security, which the court never sanctions. (?«) •- -^ The trustee in the custody of the trust property, wherever it may be placed, must always be careful not to amalgamate it with his own, for, if he do, the cestui que trust vfiW be held entitled to every portion of the blended property which the trustee cannot prove to be his own.(«) (g) MS. (A) Kilbee v. Sneyd, 2 MoU. 1S6 ; see 200, 213. (0 Id. 203, 213. (k) See Cloush v. Dixon. 8 Sim. 594; 3 M. & Cr. 490. {I) Moyle V. Movie, 2 R. & M. 710 ; Johnston v. Newton, 17 Jur. 826. (»?i) Darke v. Martvn, 1 Beav. 525. {n) Lupton v. Whi'te, 15 Yes. 432; and Panton v. Panton, cited ib. 440: Ched- ■K-orth V. Edwards, 8 Yes. 46 : White v. Lincoln. S Yes. 363 : Fellowes t. Mitchell, 1 P. W. 83 ; Duke of Leeds v. Earl Amherst, 20 Beav. 239. 310 LEWIN ON THE LAW OF TRUSTS, ETC. SECTION III. OF INVESTMENT. Where the trust-money cannot be applied, either immediately or by a short day, to the purposes of the trust, it is the duty of the trustee to make the fund productive to the cestui que trust by the investment of it on some proper security. It was the opinion of Lord Northington that a trustee might be iustified in lending on personal credit. ^'The true touchstone," he said, " by which such cases are to be tried is, whether the trustee has been guilty of a breach of trust or not. If he has been guilty of a gross negligence, it is as bad in its consequences as a fraud, and is a breach of trust. The lending money on a note is not a breach of trust, without other circumstances crassce ncgligentice." (o^ But the case from which this dictum is taken has been called by Lord Eldon, from the extraordi- nary doctrines contained in it, " a curious document in the history of trusts ;"(p) and certainly it is now indisputably settled that a trustee cannot lend on personal security.(j) *Lord Hardwicke said, L J " a promissory note is evidence of a debt, but no scctirity for it ;"ir) and Baron Hotham observed, that '< lending on personal credit for the purpose of gaining a larger interest was a species oi gaming ;" {s) and Lord Kenyon said, that « no rule was better established than that a trustee could not lend on mere pei-sonal security, and it ought to be rung in the ears of every one who acted in the character of trustee. "(<) And it will not alter the case that the money is lent on the Joint security of several obligors, (?/) or to a person to whom the testator himself had been in the habit of advancing money on personal security . (t') Of course a trustee may lend on personal security, where he is expressly empowered to do so by the instrument creating the trust.(?(j) But no such authority is communicated by a direction to place out the money at interest at the trustee's discretionAx\ or on such good securitt/ as the trustee can procure, and may think sa/e.M And if joint trustees be empowered to lend on personal security, they may not lend to one of (o) Harden v. Parsons, 1 Ed. 148. (j>) Walker v. Sjmonds, 3 Sw. 62. (q) Adye v. Feuilleteau, 1 Cox, 24; Darke v. Martyn, 1 Beav. 525; Holmes v. Bring, 2 Cox, 1; Terry v. Terry, Pr. Ch. 2T3 ; Ryder' v. Bickerston, cited Harden v. Parsons, 1 Ed. 149, note (a), and more fully Walker v. Symonds, 3 Sw. 80 note (a) ; Vigrase v. Binfield. 3 Mad. 62 ; Walker v. Symonds, 3 Sw. 63 ; Anon case, Lofft. 492 ; Keble v. Thompson, 3 B. C. C. 112 ; Wilkes v. Steward, Coop. 6 Clough V. Bond, 3 M. & Cr. 496, per Cur.; and see Pocock v. Reddington, 5 Ves ■799 ; CoUis V. Collis, 2 Sim. 365 ; Blackwood v. Borrowes, 2 Conn. & Laws. 477 Watts V. Girdlestone, 6 Beav. 188. ()•) Ryder v. Bickerston, cited Walker v. Symonds, 3 Sw. 81, note (a). (s) Adye v. Feuilleteau, 1 Cox, 25. {t) Holmes v. Bring, 2 Cox, 1. (u) S. C. (v) Styles V. Guy, 1 Mac. & Gor. 423. (w) See Forbes v. Ross, 2 B. C. C. 430; S. C, 2 Cox, 113 (x) See Pocock v. Reddington, 5 Ves. 794. (y) Wilkes v. Steward, Coop. 6 ; Styles v. Guv, 1 Mac. & Gor. 422 ; Attorney- General V. Higham, 2 Y. & C. Ch. Ca. 634 ; and 'see Mills v. Osborne, 7 Sim. 30 ; Westover v. Chapman, 1 Coll. 177. DUTIES OF TRUSTEES OF CUATTELS PERSONAL. gH themselves, for the settlor must be taken to rely upon tlie united vigilance of all the trustees with respect to the solvency of the borrovjer.(^z^ And when the court has assumed the administration of the estate by the institution of a suit, it will not direct an investment on personal security, though there be a power to lay out on either personal or government security, but will order all future investments to be made on government security, (a) And where the trustees of a sum of money for A. for life, r:i;q9q-| ^remainder for her children, were authorized by the settlement L J to lend the trust fund upon real or personal security as should be thought good and sufficient, and the trustees lent it to a person in trade whom A. had married, and the money was lost, they wei-e made responsible for the amount. Sir William Grant said, ''The authority did not extend to an accommodation : it was evident the trustees had, upon the mar- riage, been induced to accommodate the husband with the sum, which they had no power to do." (6) In one 'case, where trustees were em- powered to lend money to the husband on his personal security, to be used by him in business, and the trustees advanced 600/. to the husband, and he became insolvent, and the trustees received a dividend of 70/., and they afterwards lent this sum to the husband on his recommencing business upon the security of his bond, and the money was lost, it was held that the trustees were not to be punished for the discretion they had exercised, for it did not follow, that, if a person once became insol- vent, he was never again to be trusted. (e) In another case, however, where a trustee was required at the request of the wife to advance money to the husband upon his bond, and the husband took the benefit of the Insolvent Act, and the wife requested the trustee to advance 80?. to the husband upon his bond, and the trustee refusing, the wife filed her bill to have the trustee removed, the court said, <' that so total a change had taken place in the circumstances and position of the husband that the clause in question became no longer applicable to him and ceased to have any eftect, and the trustee had done his duty when he refused to lend the money.'' (c?) No applications from cestuis qxie trust to their trustees are so frequent as for a more productive investment for the benefit of the tenant for life. In these cases the trustees must remember that the power was not given them for the purpose of favouring one party more than another, and that if they lend themselves improperly to the views of the tenant for life *at the expense of the remaindermen, they will be held per- r*3^Q-| sonally responsible. (e) And in particular where there is the ordinary power of varying secu- rities with the consent of the tenant for life, the trustees must consider the intention to be that as the control is given to the tenant for life for his (z) V. Walker, 5 Russ. 7 ; aud see Stickney v. Sewcll, 1 M. & C. 14 ; "Westover v. Chapman, 1 Coll. 111. (a) Holmes v. Moore, 2 Moll. 328. (6) Langston v. Ollivant, Coop. 33. (c) Burt V. Ingram, July 15, 1835, V. C. E. MSS. {d) Boss V. Godsall, 1 Y. & C. Ch. Ca. 617. Compare cases, p. 349, infranote (b). (e) Raby v. Ridehalgb, 1 Jur. N. S. 363 ; and see Stuart v. Stuart, 3 Beav. 430. 312 LEWIN ON THE LAW OP TRUSTS, ETC, protection, so the trustees have a discretion reposed in them for the pro- tection of the remaindermen. Thus the power would not authorise a conversion of the ti'ust fund from three per cent, consolidated bank annui- ties into long annuities, for though the tenant for life would improve his income the capital by the terminable nature of the security would be gradually deteriorating ;(/) nor even from three per cent, consolidated bank annuities into three and a quarter per cent, bank annuities, or any permanent annuities of a higher rate, for the latter annuities being more likely to be redeemed, and therefore less valuable, the gain, however small, of the tenant for life, would be at the expense of the remainder- men, (^r) All the conditions annexed to the power must be strictly observed, as if the authority be to lend to the husband icith the consent of the icife, the trustees cannot make the advance on their own discretion, and take the consent of the wife at a subsequent period. (/t) A power " to place out at interest, or other way of improvement," will not authorise an investment of the money in any trading concern ;(«') or in fact any other investment than a government or real security,(Z:) but otherwise it seems if the direction be not to " invest" but to " employ" the money, which has been thought to savour of a trading concern. [>^341] Upon a marriage the wife's portion was settled upon the in- tended husband and wife for their respective lives, remainder to the issue, and a power was given to the trustees to " call in and lay out the money at greater interest if they could." The trustees sold out stock to the amount of 400^., and laid it out in the purchase of an annuity iox one life, and had the life insured. Lord Manners said the purchase of the annuity was not a proper disposition of a trust-fund settled as this was.(7H) If trustees be authorised to invest in stock or real security , and they lend on personal security, and the money is lost, they shall be answera- ble, not for the amount of the stock which might have been purchased, but for the principal money lost, for if real security had been taken, the principal only would have been forthcoming to the trust, and the want of real security is all that is imputable to the trustees.(n) A trustee may not invest the trust-fund in the stock of any private if) Bate V. Hooper, 5 De Gex, Mac. & Gor. 338. {g) In reference to the new three per cent, annuities (formerly three and a quarter per cent.,) it is to be observed that, though specially exempt from further reduction until 1874, which the three per cent, consols are not, the latter are protected by a legislative provision requiring a year's notice to be given before redemption. (A) Bateman t. Davis, 3 Mad. 98 ; and see Cocker v. Quayle, 1 R. & M. 535 ; Norris v. Wright, 14 Beav. 303 ; "Wiles v. Gresham, 2 Drewry, 258 : 5 De Ges, Mac. & Gor. T70. j J) > > (0 Cock V. Goodfellow, 10 Mod. 489. [k] Dickenson v. Player, C. P. Cooper's Cases, 1837-8, 178. (I) S. C. [m) Fitzgerald v. Priugle, 2 Moll. 534. in) Marsh t. Hunter, 6 Mad. 295; Shepherd v. Mouls, 4 Hare, 500; Rees v. \MUiams, 1 De Gex & Sm. 314; Robinson v. Robinson, 1 De Gex, Mac. & Gor. i8«' °''^"'^^^°g Hockley V. Bantock, 1 Russ. 141; Watts V. Girdlestone, 6 Beav. 188, Ames V. Parkinson, 7 Beav. 379. DUTIES OF TRUSTEES OF CHATTELS PERSONAL. 313 company as South Sea stock, bank stock/o) &c., for the capital depends upon the management of the governors and directors, and is subject to losses. The South Sea company, for instance, might trade away their whole capital, provided they kept within the terms of their charter. (|)) " Bank stock," said Lord Eldon, " is as safe, I trust and believe, as any government security ; but it is not government security, and therefore this court does not lay out or leave property in bank stock ; and what this court will decree it expects from ^trustees and executors."(2') r-^o±(}-\ But if a trustee or executor make the mistake of investing in L "'J bank stock instead of bank annuities, he is not liable for the actual loss in sterling value, but only for the excess of the loss beyond that which would have resulted if the investment had been made in bank annui- ties. (?■) Where a trustee was authorised to invest in " the three per cent. consols, or three per cent, reduced, or any government securities," the court refused to allow an investment on exchequer bills as not within the power. (s) But where a trustee having engaged to lend a sum upon mortgage, which was authorised by the powers of the will, instead of leaving the money idle at his banker's, laid it out in exchequer bills as a temporary investment, and productive of interest with little fluctuation of value during the interval while the mortgage was in preparation, the court held that such a dealing with the fund was justifiable. (^) And it has since been expressly ruled that exchequer bills do fall within the description of government securites.^w) And where a testator directed all his property, except ready money or moneys in ihQ funds, to be converted, and the proceeds to be invested in three per cent, consols or othei' governvient securities in England, it was held, that Greek bonds, though guaranteed by this country, were not comprehended in the word ^' funds," and that they ought to be con- verted, though the court disavowed any intention of saying that bonds of that description might not, in other cases, be deemed government securities, (v^ With respect to investments upon mortgage Lord Harcourt said, (o) Hynes v. Redington, 1 Jones & Lat. 589 ; 7 Ir. Eq. Rep. 405. {p) Trafford v. Boehm, 3 Atk. 440, see 444 ; Mills v. Mills, 7 Sim. 501 ; Adie v. Fennilitteau, cited Hancom v. Allen, 2 Dick. 499, note ; Emelie v. Emelie, 7 B. P. C. 259. The reporter speaks in the last case of South Sea annuities; but no doubt the investment had been made in South Sea stock. In Trafford v. Boehm the investment had been in South Sea stock, but the reporter cites the case by a similar mistake as one of investment in South Sea annuities. For the difference between the two, see Trafford v. Boehm, 3 Atk. 444. Adie v. Fennilitteau, or more correctly, Feuilleteau, has been examined in the registrar's book, but the point does not appear. {q) Howe V. Earl of Dartmouth, 7 Yes. 150. (r) Hynes v. Redington, 7 Ir. Eq. Rep. 405; 1 Jones & Lat. 589. (.s) Ex parte Chaplin, 3 Y. & C. 397. (t) Matthews v. Brise, 6 Beav. 239. But the trustee having left the exchequer bills in the hands of the broker for more than a year, and without being earmarked, and the broker having disposed of the exchequer bills for his own purposes, and become bankrupt, the trustee was, on that ground, made responsible for the value of the bills at the date of the bankruptcy, with 4 per cent, interest. (w) Ex parte South Eastern Railway Company, 9 Jur. 650. (y) Burnie v. Getting, 2 Coll. 324. ' 314 LEW IN OX THE LAW OF TRUSTS, ETC. " The case of an executor's laying out money without the *in- [ ^"^ J demnity of a decree, if it were on a real security and one that there ivas no around at the time to suspect, had not been settled ; but it was his opinion the executor, under such circumstances, was not liable to account for the loss."(w) And Lord Hardwicke,(a^) and Lord Alvan- ley (v) appear likewise to have held that a trustee or executor would be iustified in laying out the trust-fund upon well secured real estates. But at the present day, when there is such a facility of investing upon o-overnment security through the medium of the public funds, a trustee or executor could scarcely be advised to make an investment upon mort- gao-e where no authority was expressly given him. The practice of the court, which ought to regulate the conduct of trustees, is now clearly established. Upon application to Lord Thurlow to have part of a luna- tic's estate invested upon landed security, his lordship said, " Though he felt perfectly convinced by what was stated to him, that the security was unexceptionable, yet he would not permit such a precedent to be made. In latter times the court had considered it as improper to invest any part of the lunatic's estate upon pra^a^c security."(2;) And Sir John Leach refused a similar application with reference to the money of infants, at the same time expressing his surprise that any precedent could have been produced to the contrary. (a) Where there was no power of invest- ing on mortgage, and the trustees intending to invest on government securities, afterwards, at the instance of the tenants for life, and to pro- cure a higher rate of interest, invested on mortgages which proved defi- cient, they were liable for the difference to the cestui que trust in remain- der. The ground of the decision was, that the trustees had consulted the benefit of the tenants for life at the expense of the remainderman. The r-KRlii *court gave no opinion upon the dry question, whether trustees L J without a power could safely invest on mortgage, but did not en- courage the idea that they could. (A) Of course trustees would not be justified in lending upon mortgage, when they are directed by the testator to invest exclusively in i\\Q funds. {c^ Trustees may be, as they generally are, expressly empowered to invest on real security. Where this is the case, the trustees may sell out three per cent, bank annuities, and invest the proceeds on a mortgage ; for, in this case, although the tenant for life may obtain a higher rate of inter- est, yet no injury is done to the remainderman, as the capital is a con- stant quantity, and if the tenant live long enough, he himself will have the benefit. Under the ordinary power of varying securities, a trustee would not be (w) Brown T. Litton, 1 P. W. 141 ; and see Lyse v. Kingdon, 1 ColL 188. {x) Knight V. Earl of Plymouth, 1 Dick. 126. {y) Pocock v. Reddington, 5 Ves. 800. (2) Ex parte Cathorpe, 1 Cox, 182 ; Ex parte Ellice, Jac. 234. (a) Norbury v. Norbury, 4 Mad. 191 ; and see Widdowson v. Duck, 2 Mer. 494 ; Ex parte Ellice, Jacob, 234 ; Ex parte Fust, 1 C. P. Cooper, T. Cott. 157, note (e) ; Ex parte Franklyn, 1 De Gex & Sm. 531; Barry v. Harriot, 2 De Gex & Sm. 491 ; Ex parte Johnson, 1 Moll. 128 ; Ex parte Ridgway, 1 Hog. 309. (h) Raby v. Ridehalgh, 1 Jur. N. S. 363. (c) Pride V. Fooks, 2 Bear. 430; Waring v. Waring, 3 Ir. Ch. Rep. 331. DUTIES OF TRUSTEES OF CHATTELS PERSONAL, 315 justified in lending a sum of stock upon a mortgage of real estate, con- ditioned for tlie replacing of the specific stock at a future day, and the payment of half-yearly sums equal to the dividends in the mean time. For the exercise of the power must be supposed to be beneficial to the parties interested, or some of them; whereas, in this case, it is diffi- cult to point out what possible advantage can accrue, though the divi- dends be repaid and the stock be replaced. Nothing more is secured to the trust than would have been by the effect of the original investment, had it remained in statu quo ; while a government security is changed for the risk of a private security, and perhaps some expenses may be in- curred and this for no purpose. In short, such an arrangement would look like an accommodation to some friend, rather than an investment in furtherance of the trust. The case is not so objectionable when the stock is to be replaced, and in the mean time interest is to be paid on the amount produced by the sale; for here one of the persons whose interest is to be consulted, viz., the tenant for life, does receive a benefit in pnesenti, and the remain- derman, if *he outlive the tenant for life and the mortgage con- r^o i r-i tinue so long, will derive the same advantage. L '^'^''J When trustees propose to lend upon mortgage, their attention should be directed to two leading topics of inquiry; viz., 1. The sufficiency of the value : and 2. The title of the borrower.(f?) They must be careful not to advance more than two-thirds of the actual value of the estate, if it he freeJioM land ;(e') or if the property consist oi freehold houses they should not lend so much as two-thirds,(/) but only half of the actual value. (r/) The rule, however, of two-thirds, or one- half, is only a general one ; and where trustees have lent on the security of property of less value, but have acted honestly, they have been pro- tected by the court, and have even been allowed their costs. (A) As to buildings used in trade, and the value of which must depend on external and uncertain circumstances, trustees would not be justified in lending so much as one-half. (A Trustees are also precluded from lending on mortgage to one of them- selves ;(yt) and a power to lend on real securities will not justify a loan upon railway mortgages, for how is the value to be ascertained ?(/) And where trustees are empowered to lend " on such securities as they should approve," they are still bound to make inquiries, and exercise a sound discretion whether the securities are of sufficient value ;(??<) and if trus- (d) See Waring v. Waring, 3 Ir. Ch. Rep. 336. (e) Sticknej^ v. Sewell, 1 M. & C. 8 ; Norris v. Weight, 14 Beav. 307 ; Macleod V, Annesley, 16 Beav. 600. (/) Stickney v. Sewell, Norris v. Wright, ubi supra ; Phillipson v. Gatty, 7 Hare, 516; Drosier v. Brereton, 15 Beav. 221. (ff) Stretton v. Ashmall, 3 Drew. 12 ; Macleod v. Annesley, 16 Beav. 600. (h) Jones v. Lewis, 3 De Gex & Sm. 471. Reversed on appeal, it is believed, by Lord Truro, on Feb. 26, 1852, but on what grounds not known. (i) Stickney v. Sewell, 1 M. & Cr. 8. {k) Stickney v. Sewell, ubi supra ; and see v. Walker, 5 Euss. 7 ; Francis v. Francis, 5 De Gex, Mac. & Gor. 108. (l) Mant V. Leith, 15 Beav. 525. (m) Stretton v. Ashmall, 3 Drewry, 10. 316 LEWIX ON TUE LAW OF TRUSTS, ETC. tees lend on any irregular securities^ the onus lies on the trustees to show the sufficiency of the security.(n) *0f course where trustees and executors are empowered by the L '^^"J ^iii to lay out the money upon real securities, they are authorized in continuing- it upon existing mortgages, (o) But the trustees should make inquiry as to the sufficiency of the security. If trustees have a power of lending to three, on a mortgage of their joint interest in a particular property, they cannot lend to two of them, thouo-h the two maybe able to pass the whole interest. Neither can the trustees lend to the three without taking any security at the time though after an interval of two years they succeed in obtaining the security. It is no excuse to say that the delay in taking the security did not occasion the loss. The answer is, that the terms of the power were not complied with.(p) Though trustees, having an express power, may without risk, if upon a proper motive, sell out bank annuities and invest the proceeds on mortgage; yet, where the court has had the administration of the trust, it has refused so to exercise the power, as a measure not for the benefit, except remotely, of those in remainder, and of questionable advantage to the tenant for life.(2') Road bonds, or mortgages of the tolls and toll-houses, are real secu- rities, though they may not be eligible real securities ; and if a testator, having road bonds, empower his executor to leave any part of his assets on existing " real securities," they are not bound to call in the road bonds, but may exercise a discretion. Trustees, however, might not be justified in lending trust money on road bonds as an original investment. (?•) Where trust-money is lent upon inortgage, it is desirable to keep the trust out of sight, that when the money is paid oif, the trust deed may not become an essential link in the mortgagor's title. It is usual, there- fore, to insert in the mortgage deed a declaration, that the money ad- vanced belongs to the trustees (not, however, described in that character, r*^i.7l ^^*' ^y *iiame,) on a joint account, and that the receipt of the L J survivors or survivor, his executors or administrators, shall be a sufficient discharge ; a practice which, asshming the principle deed to confer the power of executing the trust and of giving receipts on the survivors and survivor, his executors and administrators, does not seem open to much objection, and has received the sanction of frequent usage. Any declaration of trust that may be requisite is executed by a separate deed. By this method should the mortgage be called in before any change of trustees occurs, no inconvenience arises. Upon a change of trustees, however, the difficulty of so framing a transfer to them of the mortgage as not to disclose the trust is very great. Some conveyancers, indeed, treat the difficulty as insurmountable, and disclose the trust ; others recite in the transfer an actual payment of the mortgage money (n) Stretton v. Ashmall, 3 Drewry, 10. lo) Angersteia v. Martin, T. & R. 239 ; Ames V. Parkinson, V Beav, 379. {p) Fowler v. Reynal, 3 Mac. & Gor, 500 ; 2 De G. & Sm. 749. (g-) Barry v. Marriott, 2 De Gex & Sm. 241. (r) Robinson v. Robinson, 1 De Gex, Mac. & Gor. 447. DUTIES OF TRUSTEES OF CUATTELS PERSONAL. 317 by the new trustees to the old, a practice open to the objection that it involves a recital absolutely contrary to fact. A third and middle course, frequently adopted, is as follows : A. and B. being appointed new trustees in the room of C. and D., the recitals omit to notice the appointment of A. and B. as new trustees, and merely state that A. and B. ''have become entitled to the mortgage, and required C. and D. to convey and assign to them." But this last method is by no means free from diffi- culty. The degree of inaccuracy of statement is perhaps no greater than that involved in the original joint account clause; but the absence of consideration creates embarrassment, and there seems room for conten- tion by a future purchaser of the mortgaged estate that he has a right to know how A. and B. became entitled. Another mode is to recite that C and D. are possessed of the mortgage moneys and security in trust for A. and B. to whom the same belong on a joint account, and who are desirous of having the same vested in them ; a method affording greater prospect of success than that last mentioned, but involving at the same time somewhat more divergence from the real facts. Where trustees are expressly authorized to lend on real securities in England, Wales, or Great Britain, they are now empowered by the act of parliament, 4 & 5 Gul. 4, c. 29, to lend on real securities in Ireland. But the second section *enacts that all loans in which any mmor, pjj^oj^Q-i unborn child, ov person of unsound mind is interested, shall be L J made by the direction of the Court of Chancery or Exchequer, such direction to be obtained in any cause o\'{s\ upon petition in a summary way. And the fourth section provides, that every such loan shall be made with the consent of the person or persons, if any, whose consent may be required as to the investment of such money upon real securities in England, Wales, or Great Britain. And by the fifth section it is declared, that the provisions of the act shall not apply to any case in which the trust contains an express restriction against investment on securities in Ireland. Upon an application to the court under this act, for the investment of a fund in court upon an Irish security, the master of the rolls refused even a reference as to the propriety of such a step ; for though it would be beneficial to the tenant for life as increasing the annual produce, it was not so safe a security as regarded the remaindermen, and it was the duty of trustees to act impartially for the benefit of all parties alike. (?) And Lord Justice Knight Bruce, when vice-chancellor, appears to have enter- tained similar views. (m) But such an order had been made by the vice- chancellor of England ][v\ and a similar order was afterwards made by the lord chancellor, though his lordship's attention was called to the case at the rolls. His lordship observed, that since the act of parliament, Eng- land and Wales must, for the purpose, be taken to include Ireland ; and that the parties in remainder were interested, as well as the tenant for life, in investing the money upon a security which would yield a higher (s) Ex parte French, 7 Sim. 510. . [t) Stuart V. Stuart, 3 Bear. 430. (m) Kkkpatrick's Trust, 15 Jurist, 941. \v) Ex parte French, 7 Sim. 510. Februaky, 1858.— 21 318 LEW IN ON THE LAW OF TRUSTS, ETC. rate of interest, for if it remained there long enough they would have the benefit of it.[io) If the consent of a married woman be required by the trust, and the husband and wife present a petition, with her concurrence, under the act this does not fulfil the requisition of the wife's consent to the invest- ment ; for when the husband and wife join in any legal proceeding, it is not the act of the *wife ; and whenever she is to be bound, it is L ^ "^J necessary that she should appear distinctly and separately from the husband. (x) Trustees under a power to lend on mortgage, ought not to invest on security of leaseholds for lives, for there can be no security without resorting to a policy of insurance, and then, quafenus the policy, they rely upon the funds and credit of a private company.(?/) This remark, however, does not apply to leases for lives in Ireland renewable for ever, (where the power authorises an investment on real securities in Ireland;) but the trustees must not advance more than one-half the value of the property.(2;) In the case of leaseholds, the lessee generally does not know the lessor's title ; and where this is the case, it is an additional reason why trustees cannot accept the security. Where there is a power to lend on mortgage, there may be no objec- tion to an investment on long terms of years, at a pepper-corn rent ; but, as to leaseholds of short duration, and incumbered with covenants and clauses of forfeiture, without laying down the rule that a trustee would not be justified under any circumstances in lending on such a security, he would at least be treading on very delicate ground, and the onus would lie heavily upon him to make out the perfect property of the in- vestment. (o) If the trustees be authorised and required, at the instance of the tenant for life, to invest the trust fund in di purchase of leaseholds, they have no option if the tenant for life insist upon his right. (6) If a power be given to invest trust money in a purchase of lands, or other freehold hereditaments, a trustee may no doubt purchase an estate with a suitable house upon it; but it is conceived, that under such a power trustees ought not to purchase a house merely. This is a proper- ty of a wasting nature ; and although the tenant for life might be bound to keep it in ordinary repair, he could not be compelled to preserve it |-;;:r,/-n-i *against natural decay. It is clear that a power to invest in '- ^ government annuities would not justify the purchase of long annuities; and there is a similar diiference between land and houses, the former being worth about thirty years' purchase, but the latter much less, so that the tenant for life would be benefited at the expense of the re- mainderman. Trustees having a power to invest in a purchase of copyholds would not be justified in buying copyholds for lives only.(c) . (w) Ex parte Pawlett, 1 Phill. STO. {x) Norris v. Norris, 14 Beav. 291. {y) See Lander v. Weston, 3 Drew. 389. (z) Macleod v. Annesley, 16 Beav. 600. (a) See Wyatt v. Sharratt, 3 Beav. 498; Fuller v. Knight, 6 Beav. 209. {b) Cadogan v. Earl of Essex, 2 Drewr. 227 ; Beauclerk v. Ashburnhani, 8 Beav. (c) Trench v. Harrison, IT Sim. 111. N. B. The words, ^^ of inheritance;' in the marginal note, do not occur in the settlement itself. DUTIES OF TRUSTEES OF CHATTELS PERSONAL. 319 Trustees cannot be advised to make advances upon a second mortgage, not only because they bave neitber tbe legal estate nor tbe possession of tbe title deeds, but also because they may be placed under serious diffi- culties by tbe acts of the first mortgagee. If he file a bill of foreclosure, the trustees will forfeit their interest unless they redeem, •which they have no means of doing ; and if the first mortgage contain a power of sale, the mortgagee may sell the property at a great disadvantage, and the trustees cannot prevent it, unless by redemption, which the state of the trust fund may, very probably, not permit.(fZ) Of course, trustees may not join with others in a mortgage, so as to mix up the trust fund with the rights of strangers ; and still less could they take a joint mortgage in the name of a common trustee, for this would be also a delegation of their duty. There does not appear to be any absolute objection to a loan by trus- tees on the security of a reversion; but they should be careful, in such a case, not to advance more than the proper proportion, according to the nature of the property, of the present value of the reversion, and in taking a security of this kind a full power of sale would be an essential provision. Trustees who have a power to lend on real securities, may not lend on personal security with a judgment entered up against the borrower; though by the 1 & 2 Vict. c. 110, judgments are *made a charge r^oci-i on all the lands of the debtor, as if he had, by writing under his L '"*' J hand agreed to charge the same.(e) When trustees propose to lend on mortgage, they should be careful not to part with the money, except on delivery of the security ; for, of course they will be liable for all the consequences if they sell out stock, and allow their solicitor or agent to receive the money on his representa- tion that the mortgage is ready, and it afterwards turns out that the pro- posed security was a pure invention, and that the money has been mis- applied. (/) In the absence of any express power, the only unobjectionable invest- ment is in one of the government or bank annuities; for here, as the directors have no concern with the principal, but merely superintend the payment of the dividends and interest till such time as the govern- ment may pay off the capital, it is not in their power, by mismanagement or speculation, to hazard the property of the shareholder. (y) And of the government or bank annuities, the one which the court has thought proper to adopt is the three per cent, consolidated bank annuities, the fund, from its low rate of interest, the least likely to be determined by redemption. (7i) Let a trustee who has money in hand which he ought to render productive, invest it on this security, at the same time execut- {d) See Norris v. Wright, 14 Beav. 308; Robinson v. Robinson, IG Jur. 256; Drosier v. Brereton, 15 Beav. 226; Waring v. Waring, 3 Ir. Ch. Rep. 337. [e) Johnston v. Lloyd, 7 Ir. Eq. Rep. 252. Decided upon the corresponding enactment in the Irish Act, 3 & 4 Vict. c. 105. (/) Rowland v. Witherden, 3 Mac. & Gor. 568; Hanbury v. Kirkland, 3 Sim. 265. {g) TrafFord v. Boehm, 3 Atk. 444, per Lord Hardwicke. \h) See Howe v. Earl of Dartmouth, 7 Yes. 151. See too p. 340, supra note {g). 320 LEWIN ON THE LAW OF TRUSTS, ETC. in"' a declaration of trust, that in the event of his bankruptcy or insol- vency the fund may be identified, and he has done his duty, and will not be answerable for any subsequent depreciation. (Q In the report of Hancom v. Allen(Z;) it is said, "The trust L '^'^"'J money had been laid out by the trustees in funds which sunk in their value, without any mala fides ; but the same not being laid out in the fund in which the court directs trust money to be laid out, the trustees were ordered to account for the principal and pay it into the bank, and then that it should be laid out in bank three per cent, annui- ties." It might be inferred from this statement, that, if a trustee invest in any other government security than the three per cent, consols, the court would hold him accountable for any loss by a fall of the stock ; but such a doctrine would be extremely severe against trustees,(A and the case as extracted from the registrar's book is no authority for any such proposition. Thomas Phillips, a trustee of 1500/., instead of invest- ing the money in a purchase of land and in the mean time on some sufficient security, as required by the trust, had advanced it to his brother, John Phillips, a banker, without taking any other precaution than accepting a simple acknowledgment of the loan. John Phillips continued to pay interest upon the money for some time, but eventually became insolvent, and the fund was lost. The court under these cir- cumstances called upon the trustee to make good the amount. The decision was reversed in the house of lords, perhaps on the ground of the plaintiff's acquiescence. (m) A trustee, however, must confine him- self to government securities ; for he is not allowed to invest even on piMic securities, which are not government securities. («) Where .sMcccsstte estates are limited, the scale should of course be held evenly as between all parties, and the tenant for life should not be allowed, by an investment on a security less safe or less permanent than the usual one, and therefore yielding to the present holder an increased rate of interest, to advance himself at the expense of the remainderman. Upon this principle, if a testator's estate consist of bank stock, long annuities, or other fund either not a government security or not of the r;^or.3-i most permanent character, the court, as soon as its *observation L J is attracted to the circumstance, invariably directs a conversion of such estate into three per cent, bank annuities. (o) Even four per cent, and five per cent, bank annuities, as more liable to the chance of (t) Bird V. Lockey, 2 Vern. 744, 4tli point ; Ex parte Champion, cited Franklin T. Frith, 3 B. C. C. 434; Powell v. Evans, 5 Yes. 841, and Howe v. Earl of Dart- mouth, 7 Ves. 150 ; Knight v. Earl of Plymouth, 1 Dick. 126, per Lord Hardwicke; Peat V. Crane, cited Hancom v. Allen, 2 Dick. 499, note ; Clough v. Bond, 3 M. & C. R. 496, per Lord Cottenham; Holland v. Hughes, 16 Ves. 114, per Sir W. Grant; Moyle v. Moyle, 2 R. & M. 716, per Lord Brougham; and see Jackson v. Jackson, 1 Atk. 513. {k) 2 Dick. 498. [I) See Angell v. Dawson, 3 Y. & C. 316 ; Ex parte a projected Railway, 11 Jur. 160; Matthews v. Brise, 6 Beav. 239 ; Band v. Fardell, 1 Jur. N. S. 1214. (m) 7 B. P. C. 375. (n) Sampayo v. Gould, 12 Sim. 435, per Sir L. ShadweU. o) Howe>v. Earl of Dartmouth, 7 Yes. 137, and the cases cited, ib. ; Mills v. Mills, 7 Sim. 501 ; Bate v. Hooper, 5 De G. M. & G. 338. See Pickering v. Picker- ing, 4 M. & Cr. 289. DUTIES OF TRUSTEES OF CHATTELS PERSONAL. 321 redemption, are ordered to be similarly converted. (^) It follows that trustees, who must be guided by the conduct of the court, should, where successive interests are limited, invest in the three per cent, bank annuities, and in that fund exclusively. However, when the trustees were directed by the will to invest " on government or other gcod security," and part of the testator's estate consisted of navy five per cents., and the tenant for life continued to receive the dividends for more than thirty years, the court refused to hold the trustees liable, for not having converted the navy five per cents, into three per cent. consols.(5') Of course, where the fund is already invested in consols, it would be a gross breach of trust to sell out and invest the proceeds in an irregular fund, as, for instance, in long annuities. Tr) Where a tenant for life has been wrongly in possession of the dividends of a stock which ought to have been converted, he will be accountable to the remainderman for the excess of his receipts beyond the income he would have received had the fund been properly invested. (s) Should the tenant for life be insolvent, the executors of the testator would pro- hahly be decreed to make compensation to the sufi'ering party ; but Lord Eldon said, he would not state what the court would do in such a case, for it depended on many circumstances. (<) In the subsequent case of Dimes v. Scott,(?^) where the executors were expressly directed to convert the testator's personal *estate into money, and invest the pro- r-jjioc^-i ceeds in government or real securities in trust for A, for life, L J remainder to B., and the executors for eleven years permitted A. to receive 10 per cent, interest upon an Indian loan, it was held they were chargeable with, the difi'erence between the 10 per cent, interest they had wrongfully paid, and the interest that would have resulted from a conversion into three per cent, consols at the expiration of one year from the testator's decease. If any stock, other than three per cent, consols, be specifically bequeathed to A, for life, remainder to B., in that case the court has no power to direct a conversion into three per cent, consols ;(i') and a power of varying the securities expressly given to the executors will make no difi'erence in this respect, for the testator is held to have given them the authority, not with the intention of varying the relative rights of the legatees, but merely with the view of adding security to the property, (if) A testator gave his residuary estate to executors upon trust to pay {p) Howe V. Earl of Dartmouth, 7 Yes. 151, per Lord Eldon ; Powell v. Cleaver, and other cases, cited id. 142. {q) Band v. Fardell, 1 Jur. N. S. 1214. (r) Kellaway v. Johnson, 5 Beav. 319. {s) Howe V. Earl of Dartmouth, 7 Ves. 13Y, see 150, 151; Mills v. Mills, ubi supra ; and see Pickering v. Pickering, 4 M. & Cr. 289. {t) See Howe v. Earl of Dartmouth, 7 Ves. 150 ; Holland v. Hughes, 16 Ves. 114. (m) 4 Russ. 195 ; and see Mehrtens v. Andrews, 3 Beav. 72. (v) Lord V. Godfrey, 4 Mad. 455 ; Alcock v. Sloper, 2 M. & K. 699 ; Collins v. Collins, ib. 703; Bethune v. Kennedy, 1 M. & C. 114; Vincent v. Newcombe, 1 Younge, 599 ; and see Pickering v. Pickering, 4 M. & Cr. 289. [w) Lord V. Godfrey, 4 Mad. 455. 322 LEWIN ON THE LAW OF TRUSTS, ETC. the annual produce to A. for life in equal portions at Lady-day and Michaelmas-day, and after his decease in trust for other purposes. A motion was made that the executors might invest a sum in their hands in the three per cent, bank annuities, but it was objected that the dividends of this stock were payable in January and July, whereas, if the money were laid out in the three per cent, reduced annuities, the dividends would be payable at the time directed by the testator ; and Sir John Leach made the order accordingly. (.r) A mortgage may produce a higher rate of interest that an investment in the three per cent, consols ; but in this case the advantage does not arise from the inferior nature of the security as in the instance of bank stock, nor from any perishable or redeemable quality as in the instance of the long annuities or the four per cents. ; the court, therefore, will L J *not permit the mortgage to be called in without a previous inquiry by the master whether it will be for the benefit of all the parties interested, (y) And where a testator dies in India, and neither the fund nor the par- ties entitled to it are under the jurisdiction of the court of chancery, it is not the duty of the executor to transmit the assets to England to be invested in the three per cent, consols, but he may invest the property in the securities of the East India Company, and the tenant for life will be entitled to the dividends or interest, though to the amount of 10 or 12 per cent. If the parties return to England, and so come under the jurisdiction of the court, the fund may then be brought over at the instance of the remainderman, and the tenant for life must submit to the consequential reduction of his income. (z) If trustees are bound by the terms of their trust to invest in the^5Z(&- Uc funds, and instead of so doing they retain the money in their hands^ the cestuis que trust may clearly elect to charge them with the amount of the money or with the amount of the stock which they might have pur- chased with the money, (a) And as the court expects a trustee, where the trust is of a permanent character, to invest the fund in three per cent, bank annuities, even though the settlement contain no express direction to that effect, the trustee, if he improperly retained the money in his hands, would, it seems, in this case also be held liable at the option of the cestuis que trust for the principal sum or the amount of stock which it would have purchased. (6) But if trustees or executors be directed by the will to convert the testator's property and invest it in government or real securities, it was long a question whether they should be answerable for the principal money with interest, or the amount of stock which might have been PS'iri P^^*2^^^sed at the period when the conversion should have been '- -• made, and subsequent *dividends, at the option of the cestuis (a;) Caldecottv. Caldecott, 4 Mad. 189. [y) See Howe v. Earl of Dartmouth, 7 Ves. 150. {z) Holland v. Hughes, 16 Ves. Ill ; S. C. 3 Mer. 685. (a) Shepherd v. Mouls, 4 Hare, 504, per Sir J. Wigram ; Robinson v. Robinson, 1 De Gex, Mac. & Gord. 256, per Cur. {b) Robinson v. Robinson, 1 De Gex, Mac. & Gor. 256, per Cur. DUTIES OF TRUSTEES OF CHATTELS PERSONAL. 323 q^ie trust ;(c) or whether they should be charged with the amount of principal and interest only, without an option to the cestuis que trust of taking the stock and dividends. ((i?) It has now been decided that the trustee is answerable only for the principal money and interest, and that the cestuis que trust have no option of taking the stock and divi- dends. The principle upon which the court proceeded, was that the trustee could be held liable only for not having done what it was his duty to have done, and the measure of his responsibility was that which the cestuis que trust must have been entitled to in whatever mode that duty was perforoied ; that the trustee might have discharged his duty without purchasing three per cent, bank annuities ; that the trustee was not bound retrospectively to have exercised the discretion one way or the other, but was answerable only for the consequences of not having exercised the discretion ; that to compel the trustee to purchase a sum of stock because the price had since risen, was to regulate the liability by an accidental or subsequent occurrence, and not by the superiority of the stock over a mortgage at the time when the investment ought to have been made.(e) If the trust-fund be standing on a proper security, and the trustee call it in for no purpose connected with the trust, and therefore in dere- liction of his duty, or for a purpose not authorised by the terms of the trust, he will be compellable, at the option of the cestuis que trust, either to replace the specific stock, or the stock into which, if not sold out, it would have been converted by act of parliament, (/) with the interme- mediate dividends, ((/) or to account for the proceeds of the sale(/t) with '''interest at 5 per cent.(t) And the breach of trust will not be r:):qp;7-i cured by a subsequent reinvestment upon the trusts of the stock L J unless the reinvestment be the same in specie. (/.;) But in a case where the trustee did not seek to make any thing himself, but was honourably unfortunate in having yielded to the importunity of one of the cestuis que trust, it was held by Sir A. Hart, that, although the trustee was bound to replace the specific stock, the cestuis que trust should not have the option of taking the proceeds with interest. (^) If the trustee become bankrupt, the cestuis que trust may at their option prove for the proceeds (c) Hockley V. Bansock, 1 Russ. 141; Watts v. Girdlestone, 6 Beav. 188; Ames v. Parkinson, V Beav. 379 ; Ouseley v. Anstruther, 10 Beav. 456. {d) Marsh v. Hunter, 6 Mad. 295; Gale v. Pitt, M. R. 10 May, 1830: Sheplierd V. Mouls, 4 Hare, 500 ; Rees v. Williams, 1 De G. & Sm. 319. (e) Robinson v. Robinson, 1 De Gex, Mac. & Gor. 247. (/) Pbillipson v. Gatty, 7 Hare, 516; Norris v. Wright, 14 Beav. 304, 305; Phillipo V. Mannings, 2 M. & Cr. 309. {g) Davenport v. Staiford, 14 Beav. 335. (A) Bostock V. Blakeney, 2 B. C. C. 653; Ex parte Shakeshaft, 3 B. C. C. 197 ; O'Brien v. O'Brien, 1 Moll. 533, per Sir A. Hart; Raphael v. Boehm, 11 Ves. US, per Lord Eldon ; Harrison v. Harrison, 2 Atk. 121 ; Bate v. Scales, 12 Ves. 402 ; Phillipson v. Gatty, 7 Hare, 516; Norris v. Wright, 14 Beav. 305; Rowland v. Witherden, 3 Mac. & Gor. 568 ; Wiglesworth v. Wiglesvvorth, 16 Beav. 269. («') Crackelt v. Bethime, 1 J. & W. 586; Mosley v. Ward, 11 Ves. 581 ; Pocock V. Reddington, 5 Ves. 794; Piety v. Stace, 4 Ves. 620; Jones v. Foxall, 15 Beav. 392. (k) Lander v. Weston, 3 Drew. 389. {I) O'Brien v. O'Brien, 1 Moll. 533. 394 LEWIN ON THE LAW OF TRUSTS, ETC. with interest, or for the price of the specific stock at the date of the commission. (m) If trustees are under an obligation to invest in the funds, and they pay the money into a bank with a direction to lay it out in bank annui- ties, and the bankers neglect to do it, and the trustees make no inquiry for five months, and the bankers fail, the trustees are answerable for the money or the stock at the option of the cestuis que trust.(n) Trustees would not be justified in making any investment that would subject the trust-money to the power or control of any 07ie of the trustees sinsly ; they could not, for instance, lay out the fund upon India bills (supposing such a security were warranted by the settlement,) if made payable, not to all the trustees in their joint capacity, but to one of the trustees individually, (o) Attorneys and solicitors employed in negotiating a loan of trust-moneys, may not be liable for a breach of trust if they have no other privity with the transaction than what arises from their professional duties, but they will be deemed trustees *and be responsible as such if they L -I act professionally in carrying out a transaction which they know to be a breach of trust, and which is calculated to promote their own private ends.(jj) In laying out trust-moneys, trustees would do well not to employ the same solicitor who acts for the borrower. Besides the inconveniences that arise from the doctrine of implied notice, there is in this case such a conflict of duties on the part of the solicitor, that he cannot adequately represent the interests of both lender and borrower. (5) SECTION IV. LIABILITY OP TRUSTEES TO PAYMENT OP INTEREST. If the trustee be guilty of any unreasonable delay in investing the fund or transferring it to the hand destined to receive it, he will be answerable to the cestui que trust for interest during the period of his laches, and a trustee may be decreed to pay interest even though it be not prayed by the bill,(/-j and will be liable to pay personally the costs of the suit.M An executor should discharge the testator's liabilities as soon as he has collected assets sufficient for the purpose, and therefore if he keep money in his hands idle, when there is an outstanding debt upon which (m) Ex parte Shakeshaft, 3 B. C. C. 197 : Ex parte Gurner, 1 Mont. Deac. & De Gex, 49Y. (n) Challen t. Shippam, 4 Hare, 555. (o) Walker v. Symonds, 3 Sw. 1, see 66 ; and see Salway v. Salway, 2 R. & M. 218 ; Ex parte Griffin, 2 Gl. & J. 114 ; Clough v. Dixon, 8 Sim. 594; 3 M. & C. 490. (p) AUeyne v. Darcey, 4 Ir. Ch. Re. 199, see 204, 208 ; Fyler v. Fyler, 3 Beav. (?) See Waring v. Waring, 3 Ir. Ch. Re. 331. (4 Woodhead V. Marriott, C. P. Coop. Cases, 1837-38, 62 ; Turner v. Turner, 1 {s) Tickner v. Smith, 3 Sm. & Gif. 42. DUTIES OF TRUSTEES OF CHATTELS PERSONAL. 325 interest is running, lie will himself be charged -with interest on a sum equal in amount to the debt, and if the outstanding debt carry interest at 5 per cent., the executor -will be charged with interest at the same rate.(i) After payment of debts and legacies, if the executor or administrator be guilty of laches in accounting for the surplus ^estate to the r^g^g-i residuary legatee,(w) or next of kin,(i;) he will be charged by L J the court with interest for the balance improperly retained, whether the prayer of the bill extend to it or not. (it)) And, on the same principle, if the assignees of a bankrupt neglect to pay a dividend to the creditors, (x) or the receiver of an estate do not move the court in proper time to have the rents invested, (^) they will be ordered to account for the money with interest from the time the breach of duty commenced. And an executor or other person cannot excuse himself by saying that he made no actual use of the money, but lodged it at his banker's,(z) and to a separate account,(a) for it was a breach of trust to retain the money: he was bound to make lijiroductive to the cestui que trust. But, where an executor conceived he was himself entitled to the resi- due, and the court considered his claim to be just in itself, but was obliged from a particular circumstance in the case to give judgment against him, it was thought too severe to put him in the situation of one who had neg- lected his duty, and the demand against him for interest was consequently disallowed. (6) ^Formerly, indeed, it was held by the court, that an executor r^ogQ-i might employ the assets in his trade, or lend them upon security, L J and he should not be called upon to account for the profits or interest. (c) And such was the case even where money which had been lent by the {t) Dornford v. Dornford, as cited in Tebbs v. Carpenter, 1 Mad. 301 ; Hall v. Hallet, 1 Cox, 134; Turner v. Turner, 1 J. & W. 39. (m) Forbes v. Ross, 2 Cox, 113; Seers v. Hind, 1 Ves. jun. 294; Younge v. Combe, 4 Ves. 101; Longmore v. Broom, 7 Ves. 124; Rocke v. Hart, 11 Ves. 58; Piety V. Stace, 4 Ves. 620 ; Ashburnliam v. Thompson, 13 Ves. 402 ; Raphael v. Boehm, 11 Ves. 92; S. C. reheard, 13 Ves. 40T ; S. C. spoken to, 13 Ves. 590; Dornford v. Dornford, 12 Ves. 127 ; Franklin v. Frith, 3 B. C. C. 433 ; Littlehalves V Gascoyne, 3 B. C. C. V3 ; Newton v. Bennet, 1 B. C. C. 359; Lincoln v. Allen, 4 B. P. C. 553 ; Crackelt v. Bethune, 1 J. & W. 586 ; Tebbs v. Carpenter, 1 Mad. 290 (v) Hall V. Hallett, 1 Cox, 134 ; Perkins v. Baynton, 1 B. C. C. 315 ; Stackpoole V. Stackpoole, 4 Dow, 209, see 224; Heathcote v. Hulme, IJ. & W. 122; Holgate V. Haworth, 17 Beav. 259. (w) Hollingsworth v. Shakeshaft, 14 Beav. 492. (2-) Treves v. Townshend, 1 B. C. C. 384; In re Hilliard, 1 \es. jun. 89. (/) Foster v. Foster, 2 B. C. C. 616; Hicks v. Hicks, 3 Atk. 274; Hankey v. Garret, 1 Ves. jun. 236. ^ ^ „ „ (z) Younge v. Combe, 4 Ves. 101 ; Franklin v. Frith, 3 B. C. C. 433; Treves v. Townshend, 1 B. C. C. 384; In re Hilliard, 1 Ves. jun. 89; Dawson v. Massey, 1 B. k B. 230; Browne v. Southouse, 3 B. C. C. 107 ; and see Rocke v. Hart, 11 Ves. 60. (a) Ashburnham v. Thompson, 13 Ves. 402. (b) Bruere v. Pemberton, 12 Ves. 386. But see Sutton v. Sharp, 1 Russ. 146; and Turner v. Maule, 3 De G. & Sm. 497. (c) Grosvenor v. Cartwright, 2 Ch. Ca. 21 ; Linch v. Cappy, 2 Ch. Ca. 35; and see Brown v. Litton, 1 P. W. 140. 326 LEWIN ON THE LAW OF TRUSTS, ETC. testator on good security was called in by the executor for tlie express purpose of being re-lent by himself. The executor, it was argued, was not bound to lend the assets, and if he did so, it was at his peril, and he was answerable for losses, and, if accountable for any loss, he was surely entitled to any gains. («^) But Lord North overruled the doctrine in spite of the alleged practice of the court for the last twenty years, and the authority of above forty precedents. As to the argument, that, if the money should be lost, the executor would be personally responsible, his lordship said, it was very well known that a man might insure his money at the rate of 1 per cent.(e) A distinction was afterwards taken between a solvent and an insolvent executor; that the former, as he might suffer a loss, should take the gain, but as an executor who was insolvent at the time of the loan could incur no risk of a loss personally, he should not be allowed to take to himself any benefit. (/) And Lord Hardwicke drew another distinction ; that if an executor had -placed out assets that were specifically hequeathecl, he should be made to account for the interest, but the master was never directed to charge interest upon an executor who made use of general assets, come to his hands, in the v:ay of his trade.(g\ But all these refinements have long since been swept away;(^) and the rule is now universal, that, whether the executor was solvent or in- P^qp-i-i solvent, whether the money was part of *the general assets or •- J specifically bequeathed, whether lent upon security or employed in the way of trade, the executor shall account for the utmost actual pro- fits to the testator's estate. (i) And where the money has been employed in trade, the cestui que trust has the option of taking the actual profits or of charging the executor with interest.(y) And an executor who is a trader is considered to employ the money in trade, if he lodge it at his banker's, and place it in his own name, for a merchant must generally keep a balance at his banker's, and this answers the purpose of his credit as much as if the money were his own.^A:) The rate of interest with which an executor is usually charged is 4 per cent.;(/) but the rule holds only where it does not appear that the exe- {d) See Ratcliffe v. Graves, 2 Ch. Ca. 152. (e) Ratcliffe v. Graves, 1 Vern. 196 ; S. C. 2 Ch. Ca. 152. (/) Bromfield v. Wytherley, Pr. Ch. 505; Adams v. Gale, 2 Atk. 106. (g) Child V. Gibson!| 2 Atk. 603. [h) As to the former distinction, see Newton v. Bennet, 1 B. C. C. 361 ; Adye v. Feuilleteau, 1 Cox, 25 ; and as to the latter, see Newton v. Bennet, 1 B. C. C. 361. (i) Tebbs v. Carpenter, 1 Mad. 304, per Sir T. Plumer ; Lee v. Lee, 2 Vern. 548 ; Adye v. Feuilleteau, 1 Cox, 24 ; Piety v. Stace, 4 Ves. 622, per Lord Alvanley. (./) Heathcote v. Hulme, 1 J. & W. 122; Anon, case, 2 Ves. 630, per Sir T. Clarke ; Docker v. Somes, 2 M. & K. 655 ; Ex parte Watson, 2 V. & B. 414 ; Brown v. Sansome, 1 M'Clel. & Y. 427 ; Robinson v. Robinson, 1 De Gex, Mac. & Gor. 257. {k) Treves v. Townshend, ubi supra ; Moons v. De Bernales, 1 Russ. 301 ; In re Hilhard, 1 Ves. jun. 90 ; Sutton v. Sharp, 1 Russ. 146 ; Rocke v. Hart, 11 Ves. 61 ; but see Browne v. Southouse, 3 B. C. C. 107. (0 See Forbes v. Ross, 2 Cox, 116; Hall v. Hallet, 1 Cox, 138 ; Tebbs v. Car- penter, 1 Mad. 306 ; In re Hilliard, 1 Ves. jun. 90 ; Browne v. Southouse, 3 B. C. DUTIES or TRUSTEES OF CHATTELS PERSONAL. 327 cutor has made greater interest, for the court invariably compels the executor to account for every farthing he has actually received. (7?i) It is not easy to define the circumstances under which the court will charge executors and trustees with more than 4 per cent, interest, or with compound interest, and the principles by which the court is regulated in so doing are involved in much uncertainty. In a late case, the rule was thus laid down by the present master of the rolls : <'If an executor has retained *balances in his hands, which he ought to have invested, r^opQ-i the court will charge him with simple interest, at 4 per cent. L "J If, in addition to such retention, he has committed a direct breach of trust, or if the fund had been taken by him from a proper state of in- vestment, in which it was producing 5 per cent., he will be charged with interest after the rate of 5 per cent, per annum. If, in addition to this, he has employed the money so obtained by him in trade or speculation, for his own benefit or advantage, he will be charged either with the pro- fits actually obtained from the uses of the money, or with interest at 5 per cent, per annum, and also with yearly rests, that is, with compound interest. "(n) The previous dicta and decisions undoubtedly seem to establish, in accordance with the views just quoted, that an executor will be charged with interest at 5 per cent, where he is guilty, not merely of negligence, but of actual corruption or misfeasance, amounting to a wilful breach of trust. (o) But in a recent case before the present lord chancellor, his lord- ship expressed his disapprobation of charging the executor with a higher rate of interest by way oi penalty, and stated his own opinion as follows : " What the court ought to do, I think, is to charge him only with the interest which he has received, or which it is justly entitled to say he ought to have received, or which it is so fairly to be presumed that he did receive that he is estopped from saying that he did not receive it. I do not think there is any other intelligible ground for charging an executor with more interest than he has made, than one of those I have mentioned. Misconduct does not seem to me to warrant the conclusion that the exe- cutor did in point of fact receive, or is estopped from saying that he did not receive, the interest, or that he is to be charged with anything he did not receive, if it is not misconduct contributing to that r^ogg-i particular result."(jj>) The particular case *before his lordship L J C. 107 ; Mosley v. Ward, 11 Ves. 582 ; Perkins v. Baynton, 1 B. C. C. 375 ; Tre- ves V. Townshend, 1 B. C. C. 386 ; Hicks v. Hicks, 3 Atk. 274 ; Younge v. Combe, 4 Ves. 101 ; Rocke v. Hart, 11 Ves. 58 ; Hankey v. Garret, 1 Ves. jun. 236 ; but see Bird v. Lockey, 2 Vern. 744, 4th point; Carmichael v. Wilson, 3 Moll. 79; Attorney-General v. Alford, 4 De Gex, Mac. & Gor. 843. (m) Forbes v. Ross, 2 Cox, 116, per Lord Tliurlow; In re Hilliard, 1 Ves. jun. 90,j9er eitndem; Hankey v. Garret, 1 Ves. jun. 239, per eundem ; Brown v. Litton, 10 Mod. 21, per Lord Harcourt ; Hall v. Hallet, 1 Cox, 138, per Lord Thurlow. (n) Jones v. Foxall, 15 Beav. 392. (o) Tebbs v. Carpenter, 1 Mad. 306, per Sir T. Plumer; Bick v. Motly, 2 M. & K. 312; Mousley v. Carr, 4 Beav. 53, per Lord Langdale; and see Crackelt v. Be- thune, 1 J. & W. 588 ; Docker v. Somes, 2 M. & K. G70 ; Munch v. Cockerell, 5 M. & Cr. 220 ; but see Meader v. M'Cready, 1 Moll. 119. (p) Attorney-General v. Alford, 4 De Gex, Mac. & Gor. 851, 852. In Mayor of Berwick v. Murray, March 7, 1857, the lord chancellor explained that, what he thought in Attornev-General v. Alford was, "that, although there had been great 328 LEWIN ON THE LAW OF TRUSTS, ETC. was merely one of omission to invest, under circumstances of gross negli- gence; and it is conceived that, although his observations cast a certain degree of doubt over the class of authorities last referred to, they cannot be considered as overruled. Whether, where the money has been employed in trade, simj^le or compound interest shall, as a general rule, be charged, is a point upon which the decisions are at conflict, the older pointing invariably to sim- ple interest as the proper measure of liability, but some of the more recent to compound interest. Respecting the rate of interest there has been no conflict. It has been almost invariably held to be 5 per cent.,(5') the court presuming every business to yield a profit to that amount ; though Lord Thurlow, in one case, ofi'ered an inquiry whether, under the circumstances, such a rate of interest might not be too high ;{r) and in another, where an executor proved extenuating circumstances, 4 per cent, only was charged. (s) The first case in which a trustee appears to have been charged with compound interest, by reason only of his having used trust money in trade, appears to have been that of Walker v. Wood- ward. (<) There Lord Gifi"ord — the trustee acknowledging that he had made great profits, though he could not furnish the particulars, and the cestui que trust waiving the investigation of the actual gains — directed 5 per cent, interest to be charged unth annual rests. Subsequently the late vice-chancellor of England refused to charge a trustee of a charity estate, who had used the trust moneys in carrying on his trade, with compound interest ;(«) but in a later case. Sir John Leach charged an executor with compound interest under similar circumstances,(i) and in the two latest reported decisions on the subject, the present master of the rolls, in accordance *with the rule laid down by him (as be- L -I fore stated,) directed an account with rests. («?) Where a testator expressly directs an accumulation to be made, and the executor disregards the injunction, it seems compound interest will be decreed. (a;) "Where there is an express trust," said Lord Eldon, "to make improvement of the money, if he will not honestly endeavour to improve it, there is nothing wrong in considering him, as to the prin- misconduct on the part of Mr. A., in not communicating to the proper authorities the fact that trust moneys had come to his hands, yet that was not a sort of mis- conduct which enabled him (the Lord Chancellor) to charge Mr. A. with more than the ordinary rate of interest." Taken from short-hand writer's note of judgment. (?) Treves v. Townshend, 1 B. C. C. 384; Rocke v. Hart, 11 Yes, 61, per Sir W. Grant; Heathcote v. Hulme, 1 J. & W. 122, see 134; Attorney- General v. Solly, 2 Sim. 518 ; Mousley v. Carr, 4 Beav. 53, per Lord Langdale ; Westover v. Chapman, 1 Coll. 177 ; Williams v. Powell, 15 Beav. 4G1 ; Robinson v. Robinson, 1 De Gex, Mac. & Gor. 257. (r) Treves v. Townshend, 1 B. C. C. 384. Sed qusere. (s) Melland v. Gray, 2 Coll. 295. {t) 1 Russ. 107. [u) Attorney-General v. Solly, 2 Simons, 518. {v) Heighington v. Grant, 5 M. & Cr. 258 ; 2 Phil. 600. (w) Jones V. Foxall, 15 Beav. 388 ; Williams v. Powell, id. 461 : Penny v. Avi- son, 3 Jur. N. S. 62. (x) Raphael v. Boehm, 11 Ves. 92 ; 13 Ves. 407, 590 ; Dornford v. Dornford, 12 Ves. 127 ; Brown v. Sansome, 1 M'Clel. & Younge, 427 ; Knott v. Cottee, 16 Beav. 77; but see Tebbs v. Carpenter, 1 Mad. 290; Attorney-General v. Solly, 2 Sm. 518 ; Pride v. Fooks, 2 Beav. 430 ; Wilson v. Peake, 3 Jur. N. S. 155. 1 DUTIES OF TRUSTEES OF CHATTELS PERSONAL. 329 cipal, to have lent tlie money to himself, upon the same terms upon which he could have lent it to others, and as often as he ought to have lent it if it be principal, and as often as he ought to have received it, and lent it to others, if the demand be interest, and interest upon interest."(y) And Lord Erskine said he concurred in the same principle, viz. << that a trustee directed to do an act from which the cestui que trust would derive a particular advantage, and not performing that trust, shall be charged precisely in the same manner as if he had performed it."(2) An executor will not in general be charged with interest but from the end of a year from the time of the testator's decease. " The question," said Lord Thurlow, " whether an executor shall be charged with interest on the assets retained in his hands, turns upon this, viz. whether the fund has been so kept for any other purpose than that of discharging the growing claims upon it. It frequently may be necessary for an exe- cutor to keep large sums in his hands, especially in the course of the first year after the decease of the testator, in which case such necessity is so fully acknowledged, that, according to the constant course of the court, the fund, until that time, is not considered distributable. After that, if the court observes that an executor keeps money in his hands without any apparent reason, but merely for the purpose of using it, then it becomes negligence and a breach of trust, the consequence of which is, that the court will charge the *executor with interest."(a) r^or^-\ "With respect to the general question of charging executors L J with interest," observed Sir A. Hart, " there are two things to be kept in view, first, we are not to look so closely into the dates of a running account to calculate interest upon it, as to deter respectable men from undertaking the office of executor; and on the other hand we are not loosely to permit any man, however respectable, to retain the money of others in his hands without making it productive. An executor's duty in this respect is to deal with the trust estate as a provident man would deal with his own, and every provident person makes interest of his money when he has got together a sum which he thinks to be worth while to lay out at interest. "(6) It will be observed that, in the preceding cases, trustees and executors have been decreed to pay interest in respect only of moneys actually come to hand, and improperly retained ; for when a fund has never been received, but has been inexcusably left outstanding and lost, it seems the court contents itself with holding the trustees liable for the princi- pal, without enforcing against them the equity, that as the fund, if got in, would have become productive, the trustees ought further to be charged with interest, (c) SECTION V. OP THE DISTRIBUTION OF THE TRUST FUND. It is incumbent upon the trustee to satisfy himself beyond doubt, {y) Raphael v. Boehtn, 11 Ves. 107. {z) S. C. 13 Vcs. 411. (a) Forbes v. Ross, 2 Cox, 115. {h) Flanagan v. Nolan, 1 Moll. 85. (c) Tebbs v. Carpenter, 1 Mad. 290; and see Lowson v. Copeland, 2 B. C. C. 156. 330 LEWIN ON THE LAW OF TRUSTS, ETC. before he parts with the possession of the property, who are the parties legally entitled to it. And the necessity of seeing that the trust-money comes to the proper hand is obligatory, not only on trustees regularly invested with the character, but to all persons having notice of the equi- ties : as if A. lend a sum to B. and B. afterwards discovers that it is trust-money, he cannot pay it back to A. unless A. had a power of sign- ing *a receipt for it.[d) If through any misapprehension on L J the part of the trustee the trust money finds its way into a chan- nel not authorized by the terms of the trust, he will be held personally responsible for the misapplication to the parties who can establish a bet- ter claim. " I have no doubt," said Lord Redesdale upon one occasion, " the executors meant to act fairly and honestly, but they were misad- vised; and the court must proceed, not upon the improper advice under which an executor may have acted, but upon the acts he has done. If under the best advice he could procure he acts wrong, it is his mis- fortune ; but public policy requires that he should be the person to suflFer."(e) This must be considered as the general rule; but nnder partictdar circumstances the court might possibly hold an executor justified by having acted upon the advice of counsel. Thus, a testator had executed a promissory note in Switzerland for 600/., but by a counter-note exe- cuted shortly after, it was declared that 400?. only was due upon valu- able consideration. A Swiss court, upon proceedings taken there, had awarded the payment of the whole 6001. The executor in England, though by our law under the circumstances of the case but 400^. was demandable, had discharged the whole amount. Lord Alvanley said, " I very much wish, upon the rules of the court, I could hold the exe- cutor fully justified; but when I consider his neglect in making this payment of his own conjecture and to the wrong of the cestuis que trust, I must hold that the master was right in charging him. He certainly acted with a good intention, and imagined himself justified; but he thought fit to depend upon that which a prudent executor would not have relied on — this strange transaction in Switzerland. 1/ he had taken advice, and been advised hy any (jentleman of the law in this coun- try that he was bound to make this payment, I would not have held him P^qp-T-i liable, for I will ^ not permit a testator to lay a trap for his exe- L J cutor, by doing a foolish act which may mislead him."{^f\ Every executor is taken to know the law of this country, but otherwise as to foreign laws. Thus, where a legacy was given to a married woman domiciled in Scotland, and before payment of the legacy the husband died, and the executors of the testator paid the legacy to the wife, and {d) Sheridan v. Joyce, 1 Ir. Eq. Rep. 115. (e) Doyle v. Blake, 2 Sch. & Lef. 243; and see Urch v. Walker, 3 M. & C. 705, 706; Turner v. Maule, 3 De Gex & Sm. 497 ; Peers v. Ceeley, 15 Beav. 209. In Boulton V. Beard, 3 De Gex, Mac. & Gor. 608, the fact that the trustees had acted upon the advice of counsel was not in evidence, which accounts for the silence of the L. J. upon this point in their judgments. (/) Vez V. Emery, 5 Ves. 141. As to the effect of acting under advice of counsel in reference to costs, see Angier v. Stannard, 3 M. & K. 566 ; Devey v. Thornton, 9 Hare, 232 ; Field v. Donoughmore, 1 Dru. k War. 234 : Harper v. Munday, 2 Jur. N. S. 1197. DUTIES OF TRUSTEES OF CHATTELS PERSONAL. 331 the executors of the husband sued the executors of the testator for the same legacy on the ground that, by the law of Scotland where the wife was domiciled, the chose in action did not survive, as by the law of Eng- land, to the wife, but passed to the representatives of the husband, it was held, that the executors were not bound to know the law of Scotland, and as express notice of it was not proved against the executors, the prior payment was declared to be valid. (^) In cases where there exists a mere shadow of doubt as to the rights of the parties interested, and it is highly improbable that any adverse claim will in fact, be ever advanced, the protection of the trustee may be pro- vided for by a substantial bond of indemnity. In general, however, a bond of indemnity is a very unsatisfactory safeguard, for when the danger arises, the obligors are often found insolvent, or their assets have been distributed. And if the bond be to indemnify against a breach of trust, the court shows no mercy towards a trustee who admits himself to have wilfully erred by having endeavoured to arm himself against the conse- quences. A trustee cannot be expected to incur the least risk, and therefore if all the equities be not perfectly clear, he should decline to act without the sanction of the court, and he will be allowed all costs and expenses incurred by him in an application for that purpose. (A) And as the trustee is indemnified *by the decree of the court, he will appeal p^„^„^ from any decision to the court above at Jiis own risA-.(i) L -^ The proceeding may be instituted either by the trustee or the cestui que trust ; but in most cases a suit is sustained rather than originated by the trustee, but whether the trustee be plaintiff or defendant, he should take care before an order is made, that all parties who have any color of title are before the court, for if the trustee fail in his duty to point out the proper parties, it might be held that the order of the court under such circumstances did not indemnify him. Where the bill is filed by a cestui que trust and it is found at the hearing that upon the true construction of the instrument he has no interest in the fund, yet if the point was so doubtful that the trustees could not safely act without the opinion of the court, the plaintiff will have his costs, as the declaration of the rights of the parties was neces- sary to the administration of the trust. (7o) But the case of a plaintiff filing a bill on the ground of a contingent interest which fails stands on a different footing. (^) The court, according to the old practice, could not have made a mere declaratory order without consequential directions, (m) and could not {g) Leslie v. Baillie, 2 Y. & C. Ch. Ca. 91. (A) Talbot V. Earl of Radnor, 3 M. & K. 252 ; Goodson v. Ellisson, 3 Russ. 583 ; Curleis v. Candler, 6 Mad. 123 ; Knight v. Martin, 1 R. & M. 70 ; S. C. Taml. 237 ; Taylor v. Glanville, 3 Mad. 176; Angier v. Stannard, 3 M. & K. 566. And see Campbell v. Home, 1 Y. & C. Ch. Ca. 664. (i) Rowland v. Morgan, 13 Jur. 23. (/.) Westcott V. CuUiford, 3 Hare, 274, and cases there cited ; Turner v. Framp- ton, 2 Collver, 336; Boreham v. Bignall, 8 Hare, 134; Lee v. Delaue, 1 De Gex & Sm. 1. ' (l) Hay v. Boweu, 5 Beav. 610. (m) See Daniell v. Warren, 2 Y. & C. Ch. Ca. 292 ; Shewell v. Shewell, 2 Hare, 154; Gaskell v. Holmes, 3 Hare, 438 ; Say v. Creed, 3 Hare, 455. 332 LEWIN ON THE LAW OF TRUSTS, ETC. have administered the trust in the presence of some only of the parties interested, or as to a part only of the trust estate, or as to the rights of persons entitled under a will without taking preliminary accounts j but now by 15 & 16 Vic. c. 86, sects. 50 & 51, the court is authorized to make declaratory orders merely, as also to adjudicate on questions in the presence of some only of the persons interested, and as to part only of the trust estate, and without ascertaining the particulars or accounts of the property touching which the questions have arisen. The opinion of the court may also be now obtained upon a special case under the pro- visions of Sir Geo. Turner's Act, 13 & 14 Vic. c. 35. ^ *A not unfrequent difficulty with a trustee in the distribution L ^"'^J of a trust-fund is, that the cestui que trust is a, feme covert whose husband has become hankrupt or insolvent, or has assigned the wife's share of the trust fund, or has deserted the wife. In the case of bank- ruptcy or insolvency, it is competent to the trustee to agree with the assignees, as he might have done with the husband, to divide the fund,(H) and the payment of one half to the assignees, and the settlement of the other half on the wife and children, is, in the absence of special circum- stances, considered a reasonable apportionment. (o) As the moiety paid to the assignees represents the whole of the husband's interest, the en- tirety of the other moiety must be settled on the wife and children, to the utter exclusion of the husband, (p) except on failure of issue. (§) It would appear that in Lord Eldou's time a rule existed against giving the wife the whole fund.fr) More recently in a case(s) in the Exchequer, whei'e the husband was an insolvent, Baron Alderson directed a settle- ment of the v;liole fund. "The situation," he said, ''of an insolvent is very different from that of a hankrupt. The wife of an insolvent may be in the workhouse with her children, and yet if the insolvent after- wards acquires property, neither the wife nor the children will be bene- fitted by it, but the whole goes to the creditors. A bankrupt, on the other band, after he has obtained his certificate, is a free man. It appears to me, therefore, that the insolvent's wife and children are entitled to the whole fund, and if I am bound by the practice of the court to take away any portion of it, I will take away a shilling." At the present day, it is clear that no distinction exists between insolvency and bankruptcy, and that the court will, wherever the special circum- r*^7m '^^^^^^^^ warrant the step, settle *the whole on the wife and chil- ■- -J dren.(<) Indeed, in every case arising in reference to the wife's («) Ryland v. Smith, 1 M. & C. 56. (o) Napier v. Napier, 1 Dru. & War. 407; Vaughan v. Buck, 1 Sim. N. S. 28T ; Bagshaw v. Winter, 5 De Gex & Sm. 468. {p) Lloyd V. Williams, 1 Mad. 450 ; Barker v. Lea, 6 Mad. 330 ; Whittem v. Sawyer, 1 Beav. 593. (?) Carter v. Taggart, 5 De Gex & Smale, 49 ; Gent v. Harris, 10 Hare, 383 ; Bagshaw v. Winter, 5 De Gex & Sm. 408. {r\ Dunkley v. Dunkley, 2 De Gex, Mac. & Gor. 396. («) Brett V. Greenwell, 3 Y. & C. 230. {t) Gardner v. Marshall, 14 Sim. 575 ; and see Re Kincaid, 1 Drew. 326 ; Wat- son V. Marshall, 17 Beav. 363 ; Dunkley v. Dunkley, 2 De Gex, Mac. & Gor. 390 ; Carter v. Taggart, 5 De Gex & Smale, 49 ; Gent v. Harris, 10 Hare, 383 ; and see Bonner v. Bonner, 17 Beav. 86 ; Koeber v. Sturgis, 22 Beav. 588. DUTIES OF TRUSTEES OF CHATTELS PERSONAL. 333 equity to a settlement, the court exercises a discretion witli reference to the particular circumstances, namely, the conduct of the parties,(if) the wife's means of livelihood, (r) the settlement, if any, previously made upon her,(?<5) and the sums before received by the husband in respect of the wife's fortune. (,c) The trustee should of course endeavour to act as the court itself would direct. The wife's claim in equity to a settlement prevails even against the assignees of the husband for valuable consideration, except where the wife is tenant for life only, when the wife has no equity against the purchaser. (^) A case of perplexity to trustees which, until recent decisions had settled the law, arose not unfrequently, was as follows: — A fund was settled on A. for life, and after his decease on B., a married woman, absolutely; and, in order to reduce the wife's diose in action into posses- sion, the husband proposed to purchase the prior life-interest, and have it assigned to himself or his wife. In such case, it was asked, were the trustees justified in considering the fund as reduced into possession, and payable to the husband, or could the wife claim by survivorship, on the ground that her interest, notwithstanding the assignment of the life- estate, must still be regarded in equity as of a reversionary nature, and so incapable of reduction into possession ? If the assignment was made to the husband, it might be said, that, as the life-interest was possessed by him in his own right, and the reversionary interest in right of his icife, the two could not coalesce ; and if the assignment was made to the wife so that the husband *would have both interests in the same right, r^gyj^-i it might be said that the feme on the coverture ceasing might L J disclaim the accession of interest that caused the merger, and that, as the transaction on the face of it was a mere contrivance of the parties to defeat the right of the wife, she might hold the trustees answerable for the consequences. In a case where 10,000?. stock was settled in this manner, and it was proposed that the husband should purchase the life-interest for 3000/., and take an assignment of it to the wife, the opinion of the late Mr. Jacob was as follows : — " I understand that Mrs. B. has a vested inter- est in the 10,000/., subject only to the life-interest of A. her father; and if so, A. can assign his life-interest to Mrs. B., and the effect will be to convert her interest into an immediate right to the fund in posses- sion. And when a married woman has such an immediate right, the trustees in general may safely transfer to the husband. ]3ut I do not think it safe for the trustees to do this of their own authority when the interest was originally reversionary, and has by an assignment of this description been converted into a present interest. If the wife survived her husband, she might contend (and possibly with success) that the assignment was a contrivance to defeat her right by survivorship, and I (m) Gilchrist v. Cator, 1 De Gex & Sm. 188. {v) Bagshaw v. Winter, 5 De Gex & Sm. 467 ; Ex parte Pugb, 1 Drew. 202. {w) Scott V. Spashett, 3 Mac. & Gor. 599. {x) Gardner v. Marshall, 14 Sim. 575; Vaughan v. Buck. 1 Sim. N. S. 287. (?/) Tiild V. Lister, 10 Hare, 140. February, 1857.— 22 33-4 LEWIN ON THE LAW OF TRUSTS, ETC. do not think it quite clear that the court would hold her bound by it. But after the assignment has been made, Mr. and Mrs. B. may file an amicable bill against A. and the trustees praying a transfer to Mr. B., and I think there would be very little doubt of the court making the decree for a transfer as prayed, upon Mrs. B. being examined in court, and consenting, and upon an affidavit of their being no settlement affect- ing this fund. And I think that the decree of the court would fully in- demnify the trustees in making the transfer." A bill was accordingly filed by the husband and wife against A. and the trustees : and on the wife beino- examined in court, and waiving a settlement, the trustees were ordered to sell out the stock, pay the costs, and hand over the bal- ance to the husband. (2) A similar order was made by the vice-chancellor of ^England L "^'-"J iu several subsequent cases, (a) and Lord Cottenham, on being applied to under one of the orders, seems to have assented to the doc- trine. (&) But in a case before the master of the rolls, the question was considered to involve too much difficulty to be disposed of on petition, (c) and the case of Weittle v. Henning,(fZ) before Lord Cottenham, has now decided that a reversionary chose in action of the wife cannot by means of this machinery be reduced into possession so as to be made dis- posable. When the trustee is satisfied as to the parties rightfully entitled, he may pay the money either to the parties themselves, or to any agent em- powered by them to receive it ; and the authority need not be by power of attorney, or by deed, or even in tcriting. The trustee is safe if he can prove the authority, however communicated. But a trustee would not be acting J) rude7if/i/ if he parted with the fund to an agent without some document producible at any moment by which he could establish the fact of the agency. The trustee must look well to the genuineness of the authority, for if he pay a wrong party it will be at his own peril. Thus where A., pos- sessed of 1000/. million bank stock, employed B., a broker, to receive the dividends for her, and B. forged a letter of attorney authorizing him to sell the stock, and a sale was effected accordingly, it was decreed by Lord Xorthington that the company was bound to make good the loss; for "a trustee," he said, "whether a private person or body corporate, must see to the reality of the authority empowering him to dispose of the trust-money ; and if the transfer be made without the authority of the owner, the act is a nullity, and in consideration of law and equity the rights remain as before "(e) [*373] Where an infant cestui que trust represented himself to be *of age, and induced the trustee to pay him, it was held that as the iz) Wilson V. Oldham, V. C. March 5, 1841, MS. (a) Creed v. Perry, 14 Sim. 592 ; Bean v. Sykes, ib. 593 ; Lachton v. Adams, ib. 594 ; Hall v. Hugonin, ib. 595; Bishop v. Colebrook, 16 Sim. 39. (b) Lachton v. Adams, 14 Sim. 594. (c) Siory V. Tonge, 7 Beav. 91 ; and see Box v. Box, 2 Conn. & Laws, 605. {d) 2 Phill. 731. (e) Ashby v. Blackwell, 2 Ed. 299 ; Sloman v. Bank of England, 14 Sim. 475 ; and see Harrison v. Pryse, Barn. 324; Ex parte Joliffe, 8 Beav. 168. DUTIES OF TRUSTEES OF CHATTELS PERSONAL. 335 infant was old enough to commit a fraud, the trustee could not be liable to him over again when he came of age.(/) It is the practice of the court in administration suits, where a debt is owing to a firm jointly, to pay the amount to the surviving partners with- out the concurrence of the representatives of the deceased partners, and i^ prima facie'' a trustee would be justified in doing the same.(^) If a trustee or executor has made an overpayment to a cestui que trust or legatee, he has a right to recoup himself out of any other interest of that cestui que trust or legatee, and the court will even make an order on such cestui que trust or legatee, personally to repay the trustee or exe- cutor,(/4) but not after a lapse of thirty years. (i) On the final adjustment of the trust accounts it is usual for the trus- tee, on handing over the balance to the parties entitled, to require from them an acknowledgment that all claims and demands have been set- tled, (/c) It is reasonable, that when the trustee parts with the whole fund, and so denudes himself of the means of defence, he should be placed by the party receiving the benefit in the utmost security against future litigation. In practice it is usual to require a release under seal, for an acquittance of this kind maj/ be opened by the cestui que trust on showing fraud, concealment or. mistake; hnt prima facie it is a simple and valid defence, and throws on the releasor the onus of displacing it. In strict right, however, a trustee in the absence of special circum- stances cannot insist upon a release under seal. Thus, in Chadwick v. Heatley,(/) a residuary legatee who had become entitled in possession called for the transfer of a sum of stock representing the residue. The trustee insisted on a general release in respect of the testator's estate, and the residuary legatee offered only a receipt for the particular sum. A bill was filed by the *claimant against the trustee, and the Vice- r^;q74^-| Chancellor K. Bruce held that in strictness a release by deed could L J not be demanded, though he thought it was not out of the ordinary course of business or unreasonable ; that the plaintiff's refusal to execute a deed was justifiable, but that he was bound to have given an acquit- tance in writing in full of all demands. It seems also to have been de- cided in a case at the rolls,(m) that a trustee cannot as a matter of right insist on a release under seal. In King v. Mullius,(i() a sum of 174?. had been placed in the hands of a trustee upon trust by a parol declaration for ^Sarah for life, and ou her death to pay her funeral expenses, and subject thereto to divide the fund between John and William. The costs of the suit depended on the question whether the trustee ought, as required, to have transferred (/) Overton v. Banister, 3 Hare, 503. (ff) Philips V. Philips, 3 Hare, 289. (A) Livesey v. Livesey, 3 Russ. 287; Fordham v. Wallis, 10 Hare, 217; Dibbs V. Goren, 11 Beav. 483. (i) Bate v. Hooper, 5 ])e G. M. & G. 338. (A:) See v. Osborne, 6 Ves. 455 ; but the release here spoken of was ap- parently a conveyance. (l) 2 Coll. 137 ; Warter v. Anderson, 11 Hare, 301. (m) Fulton v. Giliuour, 15 February, 1845, Hill on Trustees, 604. (w) Vice-Chancellor Kindersley, 21st December, 1852, iMS.; I Dr( •ew. 308. 336 LEAVIX ON THE LAW OF TRUSTS, ETC. the sums on the joint receipt of Sarah, John, and William, or whether he was rio'ht in refusing, unless they executed a release under seal. The vice-chancellor decided that the trustee was entitled to a release on the ground, first, that the trust was by parol, and secondly, that the time of payment, according to the tenor of the deed, was anticipated, as the tenant for life was still living. These reasons cannot be regarded as satisfactory. The circumstance that the trust was by parol, and there- fore obscure, might have been ground for demanding an indemnity; but seems to afford no reason for requiring a release under seal as distin- guished from a simple receipt or acquittance in writing. Neither does the anticipation of the time appear to be material, for Sarah, John, and William were admitted to be the on] j cesfu is que trust, and their concur- rence in the receipt was equivalent to a reduction into possession. The trust fund is not unfrequently transferred from the trustees of an old settlement to the trustees of some new settlement, and the trustees of the old settlement insist on a general release before they will part with the fund, while, on the other hand, the trustees of the new feel a reluc- tance to *give more than a simple receipt. It is believed that L "^ J the requisition of the trustees of the old settlement has been generally complied with ; but of course the trustees of the new cannot be called upon to enter into any covenant of indemnity. As the party to benefit by a deed is, in general, the one to prepare it, the release will be drawn by the solicitor of the trustee. Another rea- son would be that the trustee has the necessary documents in his posses- sion. The expense must, of course, be paid out of the trust fund. When a trustee pays money under the direction of the court, he is indemnified by the order itself, and is not entitled to any release from the parties. (d) It would be impossible to hold a trustee answerable for an act not of himself but of the court. It is the duty, however, of the trustee to fully inform the court of all the material facts within his knowledge, and if he improperly withheld them he might be made re- sponsible for the deception practised on the court. Now by the 10th & 11th Vict. c. 96, entitled " An act for better securing trust funds and for the relief of trustees,^'(|>) after reciting that it is expedient to provide means for better securing trust funds, and for relieving trustees from the responsibility of administering trust funds in cases where they are desirous of being so relieved ; it is enacted : I. That all trustees, executors, administrators, or other persons having ill their hands any moneys belonging to any trxist whatever,U[\ or the (o) See Gillespie v. Alexander, 3 Russ. 137 ; Underwood v. Hatton, 5 Beav. 39; Fai-rell v. Smith, 2 B. & B. 33T ; Fletcher v. Stevenson, 3 Hare, 3T0 ; Knatcbbull V. Fearnhead, 3 M. & Cr. 126 ; David v. Frowd, 1 M. & K. 209 ; Sawyer v. Birch- more, 1 Keen, 401, &c. [p) See an Essay on this act by F. H. Appach, where all the cases up to the date of that of publication will be found carefully collected. (?) The owner of an estate charged with a sum in favour of another is not a trustee of that sum within the act, for he has not the moneys in his hands ; and if it were held otherwise, the money might be paid into court, and the incumbrancer would have to bear the costs of getting it out; whereas the nature of the charge is, that the beneficiary is entitled to have it raised out of the estate, together with the costs of raising it: Re Bucklev's Trust, 17 Beav. 110. DUTIES OF TRUSTEES OF CHATTELS PERSONAL. .337 major part of them shall be at *lihcrti/ ,{^r) on filing an affidavit p^o-^.-. shortly describing the instrument creating the trust, according to L J the best of their knowledge and belief,(s) to pay the same with the privity of the accountant-general of the Iligh Court of Chancery into the bank of England, (^) to the account of such accountant-general in the matter of the particular trust,{ii) (describing the same by the r+g— 1 *names of the parties as accurately as may be for the purpose of L J distinguishing it,) in trust to attend the orders of the court, and that all trustees or other persons having any annuities or stocks standing in their But it has been thought that where there is a power of sale without a power of signing receipts the purchaser may talce the estate under the power of sale, and pay the money into court under 'the Trustee Relief Act; Cox v. Cox, 1 Kay er se imply a right in the remainder- man to call upon the tenant for life to contribute to the fine;(a) and indeed Lord Thurlow, in the instance of a lease which had not previously been treated as renewable, observed, ''The cases in which the nature 0/ the estate or the will of the testator compels a renewal, appear not to apply to the present: where there is 710 such custom, or direction, it is in the dis- cretion of the tenant for life to renew or not. '76) However, it seems to (a) See White v. White, 4 Ves. 32. (i) Nightingale v. Lawson, 1 B. C. C. 443. 342 LEWIN ON THE LAW OF TRUSTS, ETC. be now established generally, that, in a devise of renewable leaseholds without the interposition of a trustee, the remainderman cannot oblige the tenant for life to contribute to the fine.(c') And so it was determined even where the devise was expressly made, "subject to the payment of aWJines, and as they became due yearly *and for every year."((Z) L ^""^J But as the interest given is in its nature capable of renewal, the court says, " If the tenant for life do renew, he shall not by converting the new acquisition to his own use derive an unconscientious benefit out of the estate,"(e) but, on the remainderman's contributing to the fine, shall be regarded as a trustee, and shall hold the renewed interest upon the trusts of the settlement.^/) Next, will the interposition of a trustee sufficiently indicate an inten- tion of obliging the tenant for life to renew ? " In a devise to trustees," said Lord Hardwicke, ''if cestui que trust for life be one of the lives, I should doubt whether such cestui que trust could be compellable to con- tribute; but here all these lives were strangers; the intent of the testator certainljj vkis, that the lease should continue, and he kept on foot, and something must he done for a renexocd, though nothing is m,entioned."[g) Lord Alvanley on one occasion alluded to the point, but said he was not called upon to decide it.(7i) In a late case where the devise was to trus- tees upon trust to permit one to receive the rents for life, with remain- ders over, "subject to the payment of the rents and performance of the covenants reserved and contained, or to he reserved and contained, in the present or future leases, whereby such premises were or should he held, and also all taxes, fines, and expenses attending the premises," it was held that the obligation of renewing the lease was imposed by the will.(i) In Lock v. LockfA;) a testator had devised a college lease of twenty-one years to his wife for life, remainder to her son, she paying lOZ. per annum to the sou during her life ; and it was held, that, as the testator contemplated the continuance of the lease during the life of the wife, she was bound to renew. It has now been decided by Lord Plun- kett, in Ireland, that a settlement with the mere interposition of a trustee does not impose an obligation to renew. (A r*^8'i"l *Where leaseholds of this kind are made the suhjecf of a mar- L -1 riage settlement, it may be argued, that, as all the parties who have any interest given them are purchasers, the enjoyment of the (c) White v. White, 4 Yes. 32, per Lord Alvanley; S. C. 9 Yes. 561, per Lord Eldon ; Stone v. Theed, 2 B. C. C. 248, per Lord Thurlow. {d) Capel V. "Wood, 4 Russ. 500. h) Stone v. Theed, 2 B. C. C. 248, per Lord Thurlow. (/) Nightingale v. Lawson, 1 B. C. C. 440 ; Stone v. Theed, 2 B. C. C. 248, per Lord Thurlow; Coppin v. Fernyhough, 2 B. C. C. 291 ; Fitzroy v. Howard, 3 Russ. 225. {g) Yerney v. Yerney, 1 Yes. 429. [h) White v. White, 4 Yes. 33. (i) Hulkes v. Barrow, Taml. 264. (k) 2 Yern. 666. {I) O'Ferrall v. O'Ferrall, Lloyd k Goold, Rep. temp. Plunket, TD. In Trench V. St. George, 1 Dru. & W^alsh, 417, before the same judge, it is not clear whether his lordship did or not consider the will as creating an obligation to renew, but it would rather appear that he did. The remainderman was held not liable to contribute towards the renewal fines in favour of the tenant for life, except as re- spected certain fines paid subsequently to 1819, as to which the remainderman submitted to contribute. See pp. 454-456. OF TRUSTEES OF RENEWABLE LEASEHOLDS. 343 tenant for life should be consistent with that of the other subsequent takers. In Lawrence v. Maggs,(wi) the case of a marriage settlement with trustees interposed, but without any mention of renewals, Lord North- ington said, " The husband renewed twice ; first, when he put in his own life, which was of no benefit to those in the settlement who were to take in remainder after his death. He renewed a second time, and put in his wife's life, and this he does voluntarily and loitliout there being any direction for it in the settlement. The renewing the lease with any other life than that of the tenant for life is for the benefit of the remainderman, and he is to be deemed a creditor, keeping down the interest during his enjoyment." The plain implication from which remark is, that in his lordship's opinion the tenant for life was considered not bound to renew. There appears to be no other authority upon the subject but what may be collected from Sir W. Grant's observations in Lord Montfort v. Lord Cadogan. " The proposition," he said, " that under the marriage settle- ment it was the duty of the trustees to renew does not admit a question. The lease being made the subject of a settlement, it was clearly meant that it should be kept on foot by renewals. The trustees were to apply so much of the rents and profits as would be necessary for that purpose. They are not in so many words directed to renew, but the means being given, and the purpose expressed, there is no doubt that they were to apply those means to that purpose. (h) But, if renewable leaseholds be articled to be settled on the r^ggg-i *husband for life, remainder to the wife for life, remainder to L J the children, the court will, in executing the settlement, insert the proper directions for renewals. This, it seems, was directly determined in Graham v. Lord Londonderry ;(o) and the case of Lawrence v. Maggs, before Lord Northington, was cited in Pickering v. Vowles, before Lord Thurlow,(p) as establishing the same doctrine; but it appears by the report taken from Lord Northington's own MS. that the bar were mis- taken in this.(^) However, Lord Thurlow himself seems to have enter- tained that opinion, for, in Pickering v. Yowles, where the property was articled to be settled, but there were no directions for renewals, his lord- ship said, " It was intended the lease should be fully estated, and that the husband and wife should have life estates, and that so fully estated it should go to the children." A direction for renewals is sometimes in the form of a discretionary power. The instrument may, indeed, be so specially worded, that the power should be perfectly arbitrary ; but, if the proviso be simply that " it shall be lawful for the trustees to renew, from time to time, as occa- sion may require, and as they may think proper," the clause will be con- strued, not as conferring an option upon the trustees of renewing or not, (m) 1 Ed. 453. Search has been made for this case in the R. L. through seve- ral years, but the decree has not been found. (n) 17 Ves. 488 ; and see S. C. 19 Ves. 638; and see Trench v. St. George, 1 Dru. & Walsh, 417. (o) Cited Stone v. Theed, 2 B. C. C. 246. {p) 1 B. C. C. 197. The cause does not appear in R. L. {q) 1 Ed. 453. 344 LEWIN ON THE LAW OF TRUSTS, ETC. but as a safeguard against any unreasonable demands on tbe part of the lessor. (/•) II. We next proceed to inquire in wliat manner tlie fines for renewals are to be levied by the trustees. Upon this subject we shall first advert to the cases where the settlor himself has specifically marked out the fund from which the fines are to be raised, and, secondly, we shall examine the rules adopted by the court, where the settlor himself has omitted to declare any intention. First, If there be an express trust to provide the fines for renewals out ^^ of the " rents, issues, and profits," and the leaseholds *are L J terms of years not determinable on lives, so that the times of re- newal can be certainly ascertained, it will be the duty of the trustees to lay by every year such a proportion of the annual income as against the period of renewal will constitute a fund sufficient for the purpose. (s) If the trust be to levy the fines for renewal out of the '< rents, issues, and profits, or by mortgage," it was held in a case before Sir J. Leach((!) that the annual rents only would in the first instance be applicable, for he considered the authority to mortgage not as making it optional with_ the trustees whether they should or not affect the interests of the remain- derman, by throwing the charge of the renewal upon the corpus of the property, but as given for the protection of the cestuis que trust in case the amount of the fine should not be otherwise forthcoming,(«) and inti- mated that should the trustees be under the necessity of mortgaging, the court would call back from the party in possession the amount of the incumbrance thus temporarily incurred. (^<) However, in the later case of Jones V. Jones,(v) where the trustees were empowered to levy the fines " by and out of the rents, issues, and profits, or by mortgage, or by such other ways and means as should be advisable," the court, after observing that to levy the fines from the rents would throw them on the tenant for life, while a mortgage would be oppressive to the remainder- man, declined to give any opinion whether the trustees might not, in the exercise of their discretion, have determined on whom the burden should fall ; but as the trustees had not exercised their discretion, it was open to the court to adjust the onus amongst the parties according to the equi- table rule, viz. in proportion to their actual enjoyment, as soon as it could be ascertained. (w) And in Grreenwood v. Evans,(.x) and Reeves v. Cres- wick,(j/) the fines were to be raised out of *the rents, issues, and L J profits, or by mortgage, and the court adopted the principle of throwing the onus on the successive tenants of the estate, in proportion to their actual or prospective enjoyment. The leaseholds were for lives, (r) Milsington v. Mulgrave, 3 Mad. 491, 5 Mad. 472 ; Mortimer v. Watts, 14 Beav. 616 ; and see Verney v. Verney, 1 Ves. 430 ; Harvey v. Harvey, 5 Beav. 134. (s) Lord Montfort v. Lord Cadogan, 17 Ves. 485; S. C. 19 Ves. 635 ; see Earl of Shaftesbury v. Duke of Marlborough, 2 M. & K. 121. (0 Milsintown v. Earl of Portmore, 5 Mad. 471 ; Milles v. Milles, 6 Ves. 761. (w) 5 Mad. 472, per Sir J. Leach ; and see Shaftesbury v. Marlborough, 2 M. & K. 121, 123. (v) 5 Hare, 440. (w) Jones v. Jones, 5 Hare, 440. (x) 4 Beav. 44. (y) 3 Y. & C. 715, as corrected from Reg. Lib. ; see post, p. 393. OF TRUSTEES OF RENEWABLE LEASEHOLDS. 345 but no distinction was taken on that account. The present leaning of the courts would appear, therefore, to "be, to consider the language of the instrument, as directing only the temporary mode of raising the fines, without prejudice to the ultimate equitable adjustment, according to the principles now acted upon in equity in ordinary cases. If the trust be to raise the fines for renewal out of the " rents, issues, and profits," and the leaseholds are either for lives or for years deter- minable on lives, the expenses of renewal must still be cast upon the annual rents, if it clearly appear that such were meant, though, from the uncertainty of the time, the trustees cannot be sure they shall have accu- mulated an adequate fund. But the expression " rents, issues, and profits" often stands by itself, without any sufficient indication aliunde that annual rents were intended, and then the question arises, and is attended with great difficulty, whether the fines shall be raised out of the annual rents or the corpus. In Stone v. Theed,(a;) where was a gift to trustees of freeholds and leaseholds and personal estate upon trust ^subject to annuities) for a per- son for life, with remainders over, and the testator <' directed that his trustees should from time to time renew the lease and add new lives, if they could obtain such lease, and empowered his said trustees to place out at interest the overplus of the rents of his real and leasehold estates in government or real secvirities," Lord Thurlow held that the annual rents only were to be so applied, observing, " He must consider the thing bequeathed to be the subsisting lease, subject to renewal. Suppose it were the case of an estate to which an embankment was necessary : there could be not doubt it was a clear indication of intention that the first trust was to keep the estate productive by embankment or other buildings, *or, in the present case, by a very strict analogy, by r^ooq-i keeping the leases renewed. It was objected, ' Could the testator L J be understood to make a provision which might exhaust the estate of the first taker V But the expressions were as strong as if he had said expressly he meant the lease to be kept up, and he must be understood to sacrifice the intent of a provision for the first taker to the original intent of keeping up the estate." In this case it will be observed that from the direction to accumulate the overplus of the rents, it appeared the testator meant the annual rents only to be applicable to the renewals. In Allan v. Backhouse(a) a testator devised leaseholds and freeholds to trustees, and directed the fines to be levied " out of the rents and profits of the leaseholds, or out of the rents and profits of the freeholds." There was nothing in the will from which it could be collected that annual rents and profits only were meant, and Sir T. Plumer considered that, as a gross sum might at any moment be demanded by the lessor, who was not bound to wait, the trustees, by the expression " rents and profits," were not confined to the annual rents, but were authorised to sell and mortgage ; and that the tenant for life and the remainderman should (z) 2 B. C. C. 243 ; see the case stated from Reg. Lib., with some remarks in Jones V. Jones, 5 Hare, 451, note (a), (a) 2 V. & B. 65. 34G LEWIN 0:s" THE LAW OF TRUSTS, ETC. afterwards contribute to the fine in the usual proportions. An appeal was presented to Lord Eldon, by whom the decree was afl&rmed.(i) In Shaftesbury v. Marlborough, (c) where there was a devise of renew- able leaseholds to trustees upon trust to raise the fines out of the rents, issues, and ijrofits, and subject thereto upon the same trusts as the tes- tator's freeholds, Sir J. Leach observed upon the discrepancy between Stone V. Theed, and Allan v. Backhouse, (f/) and, so far as the two cases were applicable to the question before him, followed the authority of the former. " The first trust," he said, "is, that the trustees by and out of the rents and profits shall from time to time renew the several leases as occasion may require : the trust as to the renewals overrides all beneficial interest in the lease, and such interest cannot take effect until this trust be performed." *Playters v. Abbott(e) was a special case. A testator devised L '^ J copyholds upon trust "out of the rents and profits, or by mort- gage, sale or other disposition" of the trust estate, to raise the fines of admission to the copyholds, make repairs, pay the land-tax and quit- rents, &c., and Sir J. Leach (considering the fine on admission to copy- holds to stand on the same footing with fines on renewal of leases,) deter- mined, that as no rents could have accrued before the fines were demand- able, viz., immediately on the testator's death, the meaning was referenda singula singidis, that the trustees should raise the fines by mortgage or sale, and should keep down the annual expenses as repairs, land-tax, and quit-rents out of the annual rents: that the tenant for life was only called upon to keep down the interest on the mortgage for raising the fines and not to contribute to the principal, for the trustees might clearly have sold, and it was not to be supposed that they were afterwards to impound the accruing rents from the tenant for life in order to purchase other lands of equal value. In Towuley v. Bond(/) there was a lease for lives at 4s. an acre rent, with a covenant by the lessor for renewal, on payment of an additional rent, by way of fine, and on the marriage of the lessee, the lease was vested in trustees " upon trust to pay and discharge the yearly rents reserved and payable upon any renewal," and subject thereto, upon trust for the husband for life, with remainders over, and the court apparently assumed that the fines were raisable out of the annual rents.(/) In Creswick v. Reeves,((7) the trustees were empowered to levy the fines from the rents, issues, and profits, or hi/ mortgage, and the court apportioned the burthen amongst the successive tenants, according to their prospective enjoyment. In Greenwood v. Evans,(/i) the trustees were directed to raise the fines out of the rents, issues, and ptrofits, or hy mortgage, and the court de- cided that the successive tenants ought to bear a proportionate part of {b) Jac. 631. (c) 2 M. & K. 111. [d) 2 M. & K. 121. (e) Id. 97 ; and see Greenwood v. Evans, 4 Beav. 44. (/) 2 Conn. & Laws, 393. [g) 3 Y. & C. "715, corrected from Reg. Book, post 393. [h) A Beav. 44. OF TRUSTEES OF RENEWABLE LEASEHOLDS. 347 the fine according to the benefit derived by them respectively from the renewal of the lease. *In Jones v. Jones/ A the trustees were directed to raise the (-:)cqni-i fines by and out of the rerits, issues, and j^rofits, or hy 'mortgage, L J or by such other ways and means as should be advisable, and the court apportioned the burthen amongst the parties according to the actual benefit derived by them. It thus appears that where the direction is to raise the fines out of the rents, issues, and profits, the court may be compelled, by the express language of the instrument, to throw the fines upon the annual rents, but that where the trustees are empowered to raise the fines out of the rents, issues, and profits, or by mortgage, or otherwise, the discretion to be exercised is held to apply only to the temporary means of raising the fund, and the court apportions the burthen according to the general rule. On a reference to the master by Sir J. Leach, how a fund for payment of fines on the renewals of leaseholds for lives, where the fines were to be paid from the rents, could best be secured, the master proposed in his report, that each of the lives, upon which the leases were held, should be insured against the life of the tenant for life in a sum suffi- cient to cover the amount of the fine, the premiums upon the policies to be paid out of the annual rents and profits. (/i;) Upon this arrangement we must remark, that the lives of the cestiiis que vie ought to have been insured unconditionalli/ and not against the life of the tenant for life, for the estate was continually deteriorating as the lives wore out, and the remainderman was entitled to have good lives or equivalent insurances. In leaseholds for years, the remainderman has right to a proportional accumulation towards the payment of the next fine, and why is not the same principle to prevail in the case of leasehold for lives? Subject to this observation, a more convenient mode of raising the fines could not perhaps be suggested, and a trustee under similar circumstances would scarcely incur a risk in following the precedent of the court. Where freeholds and leaseholds for lives are limited to the same uses, it is usual, from the difficulty of mortgaging leaseholds *vested p^^^.^-. in trustees (who will not covenant beyond their own acts,) to L ~J insert a power to charge the freeholds for raising the fines; and it would be well to provide that the freeholds and leaseholds might be joined together in the security, and that the loan should precede other charges, and that the corpus of the property should be subject to the mortgage, so as to shut out the question of apportionment between the tenant for life and the remainderman. If a portion of the amiual rents and profits be destined by the settlor to defray the expenses of renewals, then, should it happen from the un- willingness or incapacity of the lessor that no renewal can be obtained, the sums which would have been raised, will not, it seems, merge for the ' (i) 5 Hare, 440. {k) Earl of Shaftesbury v. Duke of Marlborough, 2 M. & K. 124; and see Greenwood v. Evans, 4 Beav. 44. 348 LEWIN ON THE LAW OF TRUSTS, ETC. benefit of the tenant for life, but will belong to the person who would have been the gainer by the renewal. If a trustee,(m) or tenant for life, in the situation of a trustee,(?i) fail in his duty to apply the given fund, the remainderman may call for a compensation from such trustee, or tenant for life, or their assets. But when, by the permission of the trustee, the tenant for life has been in the full enjoyment of the rents and profits without deduction for renew- als, though the trustee is primarily answerable to the remainderman, yet the tenant for life, who has had the actual pernancy, must make it good to the trustee, (o) And where the leaseholds were annually renewable for twenty-one years, and the custom had been for the lessee annually to grant under- leases for twenty years, the tenant for life, as bound to pay the fines to the lessor out of the annual rents and profits, was declared entitled to the fines paid annually by the under-lessees. (p) P^„„„ *Secondly. It often happens that renewable leaseholds are L -I devised to trustees with a direction, either expressed or implied, to keep the leases continually renewed, but without any declaration of intention from what fund the settlor meant the expenses should be levied. Where this is the case, the tenant for life and remainderman may pos- sibly agree to contribute toward the fine out of their own pockets, at the time of the renewal ; or if the tenant for life and remainderman cannot agree to join in raising the fine, one of them may be willing to advance the whole amount jjj-o tempore out of his own pocket, and then an appor- tionment on the principles adopted by the court may be compelled be- tween the tenant for life's estate and the remainderman at the tenant for life's decease, and either party advancing the fine will have a lien on the renewed lease for the amount expended beyond his proportional part. If tenant for life and remainderman will neither jointly nor either of them singly advance the fine, then it is said the trustees must raise the ex- penses out of the estate by way of mortgage -Aq) and at the tenant for life's decease the apportionment must be made in like manner. How- ever, a mortgage, where neither the tenant for life nor remainderman will make the advance, is more easily to be suggested than to be carried into effect, for few persons would be disposed to lend their money on such a security, in the absence of any express power to mortgage. r>|coq_i-i In such a case, therefore, it seems necessary to have recourse L J to the court. Thus, in a recent case,M where leaseholds *for [l) See Colegrave v. Manby, 6 Mad. 86, 87 ; S. C. 2 Russ. 252 ; Bennett v. Col- ley, 5 Sim. 181 ; 2 M. & K. 231; but see Richardson v. Moore, and Tardiff t. Robinson, cited Colegrave v. Manby, 6 Mad. 82, 83. (to) Lord Montfort v. Lord Cadogan, 17 Ves. 485; S. C. 19 Ves. 635; and see Wadley v. Wadley, 2 Coll. 11. (n) Colegrave v. Manby, 6 Mad. 72 ; S. C. 2 Russ. 238. (o) Lord Montfort v. Lord Cadogan, ubi supra ; Tovrnley y. Bond, 2 Conn. & Laws, 403, 406, per Sir E. Sugden ; and see Wadley v. Wadley, 2 Coll. 11. ip) Milles Y. Milles, 6 Ves. 761. (?) Bee Buckeridge y. Ingram, 2 Ves. jun. 666; Earl of Shaftesbury v. Duke of Marlborough, 2 M. & K. 121 ; Allan y. Backhouse, 2 V. & B. 72. (r) Reeves v. Creswick, 3 Y. & C. 715. It is stated in the report that "there OF TRUSTEES OF RENEWABLE LEASEHOLDS. 349 lives were devised to trustees upon trust for A. for life, -with remain- der to her children, and a bill was filed by the trustees for the purpose of having the expenses of renewal raised, the following scheme, which had been approved by the master, was directed to be carried into effect. The period of enjoyment of the property by the tenant for life under each of the old leases, being the joint duration of her own life, and that of the then surviving cestui que vie named in such lease, and the period of her enjoyment of the property under each corresponding renewed lease being in like manner the joint duration of her life and those of the new cestuis que vie, or the longest liver of them ; the diflFerence between the values of the estates of these two periods gave the benefit derived by the tenant for life from the renewals in question. The residue of the increased value of the property necessarily expressed the benefit derived from the renewals by the remainderman. Calculations were accordingly made by the actuary of an insurance ofiice, upon the above principles, of the benefit derived by the respective parties from the renewal of each lease, and the fines and expenses of renewal being divided in the propor- tions so ascertained, the total amount which thereupon appeared to fall to the share of the tenant for life, was directed to be insured upon her own life for the purpose of providing, upon her decease, for the payment of a corresponding part of the principal of the mortgage debt to be raised upon the property. The policy of insurance was oi'dered to be assigned to the mortgagee, and directions were given for paying the premiums on the policy, and for keeping down the interest on the entire mortgage- debt out of the annual rents and profits of the estates. The only obser- vation that occurs upon the propriety of this arrangement is, whether the tenant for life ought to have been directed to keep down the interest on the entire mortgage-debt out of the annual rents as between n>«oQc-| *him and the remainderman, or only of that part of the princi- L ' J pal which fell to the share of the tenant for life. It will be seen also from this statement, that the court made an apportionment according to the speculative benefit, a course which the court has since disclaimed, except for the purpose of raising the fine in prcesenti, without prejudice to the ultimate apportionment on the death of the tenant for life, when the relative benefits derived can be ascertained. It is possible, though it does not so appear from the report, that the decree was without preju- dice to an ultimate adjustment. were no funds provided for the purpose of renewal by the testator's will ;" from which it might be supposed that the will was altogether silent upon the subject, but Mr. Shapter, who had occasion to consult the Reg. Lib., has obligingly fur- nished me with the following extract from the will : " It shall be lawful for my said trustees, and the survivor of them, and the heirs, executors, administrators and assigns respectively of such survivor, to renew, or use their or his endeavours to renew, the leases for the time being of such part of my said estates as shall be accustomably renewable from time to time and as often as occasion shall require, and for that purpose to make such surrenders of the then leases, or any renewed leases, as shall be requisite and necessary in that behalf, and by and out of the rents, issues and profits of the premises, the leases whereof may be so renewed, or by mortgage tliereof, to raise so much moneys as shall be sufficient for paying the several renewal fines and other necessary charges for such renewals." March, 1858.— 23 350 LEWIN ox THE LAW OF TRUSTS, ETC. We proceed to inquire upon what principles the apportionment is reo-ulated upon the tenant for life's decease. The old rule of contribution was, that the tenant for life should advance one-third, and the remainderman two-thirds ;(s) but the ques- tion was put by Lord Thurlow, '' Is a tenant for life at the age of ninety- nine, whose title accrued in possession when he was ninety-eight, to pay one-third — a great deal more than any possible enjoyment ? According to that rule, a man of the age of ninety-nine, who has the enjoyment only of ten days, pays as much as a man of twenty-five. "(^) It might possibly be thought reasonable that the proportion of the expense to fall upon the tenant for life should be regulated by his actual age and probable duration of life ; but accident might render such a course unjust to the one party or the other, as the tenant for life hap- pened to live a longer or shorter period than was allowed by the calcula- tion,(M) and the courts, it was observed by Lord Brougham, have made it a maxim not to admit an estimate which the events may afterwards falsify, (y) *Lord Alvanley adopted the rule,(M5) and from the case of L J Lawrence V. Maggs it would seem that Lord Northington had before acted upon the same principle, (x) that the tenant for life should merely keep down the interest of the fine : but Lord Eldon said, " he could not agree to that. In the case of tenant for life and remainder- men in tail or in/ee, the inheritance being charged with the mortgage, it was fair the tenant for life should only keep down the interest, for the natural division was, that he who had the corjms should take the burden, and he who had only the fruit should pay to the extent of the fruit of the debt : but leases, whether for lives or years, were in their nature tempo- rary, and therefore the position that the tenant for life was bound to pay the interest was to be understood with this qualification, that he was further bound to contribute a due proportion of the principal according to the benefit he derived from the renewed interest."(^) The rule now in operation was first clearly laid down by Lord Thur- low in Nightingale v. Lawson,(2;) a case, said Lord Eldon who was one of the counsel in it, to which, from the intricacy of the subject, the reports have failed to do justice. (a) The circumstances may be very briefly stated as follows : — A widow, tenant for life of a term which had twelve years to run, renewed for a further term of twenty-eight years, to commence from the expiration of (s) Earl of Shaftesbury v. Duke of Marlborough, 2 M. & K. 118, per Sir J. Leach; Lock t. Lock, 2 Vern. 666, R. L. 1*710, B. fol. 120 ; Verney v. Verney, 1 Ves. 428 ; Limbroso v. Francia, cited ib. ; Graham v. Lord Londonderry, cited Stone T. Theed, 2 B. C. C. 246 ; and see Rowel v. Walley, 1 Ch. Rep. 218 ; Ballet v. Sprainger, Pr. Ch. 62 ; Cornish v. Mew, 1 Ch. Ca. 271. (t) See White v. White, 9 Ves. 555. (m) Earl of Shaftesbury v. Duke of Marlborough, 2 M. & K. 119, per Sir J. Leach. M Bennett v. Colley, 2 M. & K. 234. (w) Buckeridge v. Ingram, 2 Ves. jun. 652, see 666 ; White v. W^hite, 4 Ves. 24, see 33. (a;) i Ed. 453, see 455. (y) White V. White, 9 Ves. 560. (z) l B. C. C. 440. (a) White v. White, 9 Ves. 556. OF TRUSTEES OF RENEWABLE LEASEHOLDS. 351 the twelve years, and afterwards renewed for the additional term of fourteen years to commence from the expiration of the twenty-eight years. The widow lived through the original term of twelve years, and through nine of the renewed term of twenty-eight years. The question was raised after the death of the widow, in what proportions the tenant for life and the remainderman should contribute to the fines. The fol- lowing points were resolved by Lord Thurlow, after a very anxious, fre- quent, and grave consideration of the subject,(i) and have ever since been acquiesced in by the courts. *1. " That, as the widow had lived nine years after the expi- pony-i ration of the twelve leaving nineteen years to run of the twenty- L -J eight, the master ought to take the sum paid by her for the renewal of the lease as the value of the term purchased, that is, of the term of twenty-eight years, to commence at the expiration of the twelve years ; he should then consider the value of the term of nine years after the existing term, and what the term of nineteen years after the existing term and the nine years was worth, and the latter was the proportion to be paid by the remainderman. "(c) Upon which resolution Lord Eldon thus comments : — " It was first considered," he said, " what the interest of the tenant for life was in that term which had to run out at the time of the renewal, and then what benefit the tenant for life had received by the enjoyment of the renewed term from the period when the old term would have expired : and Lord Thurlow determined that the remainder- man took that interest in the renewed term which was ^dtra so much of the renewed term as expired in the lifetime of the person who renewed, and the value of that interest he made the remainderman pay."((:7) 2. " That as to the kind of interest to be allowed, smiple interest would not be a satisfaction, as the widow had laid out her money totally, and the value of the lease was calculated upon the ground of compound interest : compound interest was therefore to be computed upon the pro- portional value of the nineteen years' term to the whole expense of renewal." (e) 3. "That as to the rate of interest, in computing compound interest, you go upon the idea that the interest is paid upon the exact day and immediately laid out ; but as this was impossible, it would be sufiicient to compute interest at 4 per cent."(/) 4. '<■ That such interest was only to be paid till the widow's death, for after that her executors had the demand upon the *remainder- r^^ggg-. man, and it became a common debt, and must carry simple L -J interest only."((7) 5. " With respect to the second renewal, as the widow had not lived to enjoy any part of that term, her executors were entitled to the whole (6) See White v. White, 9 Ves. 560. (c) See Coppin v. Fernyhoiigh, 2 B. C. C. 291 ; Barnard v. Ilcaton, cited White V. White, 4 Ves. 29 ; Playters v. Abbott, 2 M. & K. 108 ; Earl of Shaftesbury v. Dulce of Marlborough, 2 M. & K. 118 ; Lanauze v. Malone, 3 Ir. Ch. Re. 354. (d) White V. White, 9 Ves. 558. (e) See White v. White, 4 Ves. 35, 36 ; S. C. 9 Ves. 557, 558. (/) See Giddings v. Giddiugs, 3 Russ. 260. [g) See Giddings v. Giddings, 3 Russ. 260. 352 LEWIN ON THE LAW OF TRUSTS, ETC. of the expenses, with interest to be computed on the same principle as before."(^') In this case it will be observed, the tenant for 7i/e had disbursed the fine, and, the payment being a charge upon the property, the widow was in no danger of eventually losing her demand. But where the tenant for life has not the means of renewing, but the remainderman comes forward with the money, if the contribution is to be suspended till the death of the tenant for life, it may happen, that, when the proportions can at last be ascertained, the estate of the tenant for life may be insolvent, and so the contribution be lost. " I admit," says Lord Eldon, " there is this difficulty in the case j but perhaps from the nature of the thing it cannot be helped : the utmost extent you can go is to make the tenant for life give security for the sum which may eventually be due."(i) There occurs, also, this other difficulty, viz. how to apply the principle to the case of leaseholds for lives. The new cestui que vie may die in the lifetime of the original cestui que vie, and then no actual benefit accrues either to the tenant for life or to the remainderman. If the tenant for life paid the fine, is the remainderman to contribute nothing, because he took no benefit ? If the remainderman paid the fine, is the tenant for life to contribute nothing, because he can excuse himself under the same plea ? From the nature of leaseholds for lives it seems difficult to discover any better principle than one of the following : — First, That the tenant for life and the remainderman should contribute according to their chance ofhenefit at the time of the renewal, in which case the proportions would be settled thus : — The chance of benefit to the tenant for life is the value of the new life commencing from the r*^QQT <^^^th of the last surviving *original cestiii que vie, and deter- L J mining on the death of the tenant for life. The chance of bone- fit to the remainderman is the value of the new life commencing on the death of the original cestuis que vie after the death of the tenant for life. In the proportion of these two values would be the respective contribu- tions. Secondly, That the remainderman's proportion should be regulated by the actual benefit derived. Thus, if the new cestui que vie die in the lifetime of any of the original cestuis que vie or of the tenant for life, the remainderman takes no benefit and has nothing to pay. In this case the tenant for life is the loser. Should the new cestui que vie survive the original cestuis que vie and also the tenant for life, the value of the new life should be taken at the tenant for life's death, and that interest be paid for by the remainderman. It might happen that the original cestuis que vie and the tenant for life might die soon after the renewal, and then the estimated value of the new life would be greater than the whole fine. In such a case the tenant for life would be a gainer. Thus the tenant for life might sometimes be a gainer, sometimes a loser : the [h) Coppin v. Fernyhough, 2 B. C. C. 291. («•) See White v. White, 9 Yes. 558, 559 ; Earl of Shaftesburv y. Duke of Marl- borough, 2 M. & K. 122. OF TRUSTEES OF RENEWABLE LEASEHOLDS. 353 remainderman would never either gain or lose, but would pay the exact value of the interest which he actually took. The authority of Lord Eldon upon the subject is so obscurely worded, that little light can be gained from it. "There is no difference," he said, "between a renewable term for years and a lease for lives renewable. In the former case the difficulty does not arise so much, upon the probable value of a term certain, as upon an estate for lives in estimating what is the value of that life which may survive the three cestnis que vie, and that interest to be paid for by the remainderman, as the case may happen that one, two, or three lives may determine in the life of the man entitled to the beneficial interest."(A;) In the recent case of Jones v. Jones,(^) before Yice-Chancellor Wig- ram, and involving leaseholds for lives as well as leaseholds for years, and where the fines were to be raised out of the rents or by mortgage, or by such other means as should be advisable, the mode of raising and ulti- mately apportioning the *fines was fully considered, and the im- r* < Qr|-i portance of the subject may justify a somewhat lengthened ex- *- -■ tract from the judgment. " The rule," said the vice-chancellor,(??i) "is that the parties are to pay in proportion to their enjoyment, by which I understand their actual enjoyment to be meant, and not an extent of en- joyment to be determined by mere speculation, or by a calculation of pro- babilities, and the question is, how that apportionment is to be effected. If the tenant for life is willing to take upon himself to renew, it appears to me according to the cases there is very little difficulty in carrying out the transaction. He will enjoy the estate during his own life, and when the actual period of his enjoyment is ascertained, his estate will have a lien upon the residue of the term for any overpayment which may have been made. The tenant for life having paid the whole, if he has not the whole enjoyment his estate will have a lien for whatever ought to be paid by the remainderman. The case is one of much greater difficulty where the renewal is made by the remainderman, or (which as to this difficulty is the same thing,) where the trustee is to raise the money and charge it on the corpus. In that case, unless some course be taken to protect the interest of the remainderman, the tenant for life may enjoy the estate during his whole life without bearing any greater charge than the interest on the debt created by the renewal, and he may leave no assets to pay his proportion of the principal money. That inconvenience may perhaps be avoided by requiring the tenant for life to give security. The late cases of Greenwood v. Evans,(») and Reeves v. Creswick,(o) are authorities which recognize the course of giving security as a course proper to be pursued where no other means are open for providing for a proper apportionment. It is not to be disputed that there is a practical difficulty even in this mode of proceeding ; the difficulty is in determin- ing for what sum the tenant for life is to give security. If he gives security for the whole amount of the fine, because by possibility he may enjoy the whole benefit resulting from the renewal, the difficulty is got {k) White V. White, 9 Yes. 559. (/) 5 Hare, 440. \m) Page 496. («) 4 Bear. 44. (o) 3 Y. & C. 715. 354 LEWIN ON THE LAW OF TRUSTS, ETC. over; but the tenant for life may not be able to give security for L -i *the whole although he might for a part, and how is the court in such a case to deal with the interests of the parties ? I do not mean to give any opinion as to the way in which the court would proceed in cases that might be suggested, but in considering what is proposed as a general rule, it is right not to disregard the inconvenience or difficulty which in some cases might arise in its application. I do not, however, think that the difficulty to which I have adverted is insuperable. The tenant for life may in the first instance be required to give security for an amount calculated upon the assumption that his life will last during a portion of the renewed lease. If he should die within the time during which it was assumed that his life would last, the security would of course be more than sufficient to satisfy his proportion of the fine, and it would be void for the excess. If he outlived that time he might, if necessary, be called upon to give a further security to cover the additional propor- tion then to be attributed to him. In the case of Allan v. Backhouse, (/>) and other cases, it would appear that the party was not called upon in the first instance to pay the whole, but it was apportioned, and I presume on the principle that he should be required to pay the apportioned sum in the first instance without prejudice to the question whether he might not ultimately be liable to pay more. It appears to me, being guided by the light which the cases afforded me, proper to declare that each party is to bear the burden of the renewal in the proportion of his actual enjoy- ment of the estate. There will be a direction for the tenant for life to keep down the interest, and a reference, as in Allan v. Backhouse, (p) to ascertain what proportion of the fine was properly payable by him. This inquiry is necessarily by anticipation. There will then be a refer- ence, as in Greenwood v. Evans,(5) for the master to approve of a se- curity, and these directions must be followed by a declaration that the reference and security are to be without prejudice to the question whether the tenant for life may or may not be liable to pay less or more than the sum for which the security is given." The doctrines enunciated in this r*4021 ^^^^ have been since *approved as sound law, and the tenant for '- -I life, where the fine has been paid out of the trust fund, has been ordered to give security for his contribution to the fine in proportion to the benefit which he should derive from the new life.(r) Where the legal estate of renewable leaseholds is devised without the interposition of a trustee, but the testator at the same time directs, either expressly or by implication, that the leases should be renewed, the tenant for life is then himself a trustee,(s) and as such is compellable to obtain renewals,(^) and ought before applying for a renewal to consult the re- mainderman, (m) It has been said, that if from the threats or acts of the tenant for life there appears the intention of suS"ering the lease to expire, the court (p) 2 Ves. & Be. 65. (q) 4 Beav, 44. {r) Huddlestone v. Whelpdale, 9 Hare, '775. W White V. White, 5 Ves. 554. (t) Lock V. Lock, 2 Vern. 666 ; and see "White v. White, 4 Yes. 24. (m) White V. White, 5 Ves. 554. OF CONTINGENT REMAINDERS. 355 would appoint a receiver of the estate to provide a fund for the re- newal ;(«) and that if the tenant for life has already allowed the period of renewal to pass, the rents and profits may be sequestered for either procuring a renewal,(w) or finding the remainderman a compensation. (x) But no suit /or damages can be efi"ectually prosecuted before the tenant for life's decease ; for so long as it remains uncertain how much of the renewed term will survive to the remainderman, the amount of the in- jury done to him cannot be ascertained. (^) It follows that the mere for- bearance of the remainderman to bring a suit during the continuance of the life estate cannot be construed into laches or acquiescence. (2) We may remark in conclusion, that the admission fines of trustees of copyholds are regulated by the same principles as fines on renewal of leaseholds. Thus a testator devises copyholds to A. and his trustees upon trust for B. for life, with remainder to C. in fee. A. pays a fine on his admission and dies. His *heir is admitted and pays a fine and r^,AM-i dies, and his heir again is admitted and pays a fine. Thus the L -• fine for the admission of the trustee is a kind of purchase-money for an estate for the life of that trustee. The burthen must of course be borne by the cestuis que trust of the estate, and they contribute to the fines in proportion to their actual enjoyment, as in the case of leaseholds. (<») These observations are on the assumption that the will or settlement contains no express directions how the fines are to be raised. *CHAPTER XV. [*404] DUTIES OF TRUSTEES TO PRESERVE CONTINGENT REMAINDERS. (a«) Settlements which embrace limitations to trustees to preserve con- tingent remainders are usually penned in one of the two following forms : either, First, the estate is limited to the use of the parent for 99 years if he should so long live, with remainder to the use of trustees and their heirs during the life of the parent upon trust to preserve contingent limitations with remainders over ; or to the use of trustees and their heirs during the life of the parent in trust for him with remainders over ; or, Secondly, it is settled to the use of the parent for life, with remainder to trustees and their heirs during the life of the parent upon trust to pre- serve contingent limitations, with remainders over. In the first form of settlement the object in view by the interposition of trustees is not merely to preserve the contingent estates from the (v) See Bennett v. Colley, 2 M. & K. 233. (w) See S. C. 5 Sim. 192. {x) S. C. 5 Sim. 181 ; 2 M. & K. 225 ; and see Lord Montfort v. Lord Cadogan, 17 Ves. 490. , , c r. (y) Bennett v. Colley, 5 Sim. 181 ; S. C. 2 M. & K. 225. {z) S. C. \a) See Playters v. Abbott, 2 M. & K. 108 ; Bull v. Birkbeck, 2 Y. & C. Ch. Ca. 447 ; Jones v. Jones, 5 Hare, 461. {aa) The law upon the subject has since been most materially altered by recent acts, as will be noticed at the end of the chapter. 356 LEWIN ON THE LAW OF TRUSTS, ETC. parent's legal power to destroy them, but also to prevent the exercise of any undue influence of the father over the son, which, if the father were tenant of the first freehold, he might be disposed to practise, in order to induce the son to join in barring the entail for purposes not authorised by the spirit of the settlement.(i) In the second form it is imposed upon the trustees, as before, to preserve the contingent limitations ; but as the freehold in possession is vested in the parent, the trustees can have no power to prevent a recovery by the father and son so *soon as the son has attained the age of twenty- L -I one; but should the tenant for life commit a forfeiture, and so the freehold in possession become vested in the trustees, it would then be their duty, though the settlor himself might not have contemplated such a purpose, not to allow the interests of the child to be prejudiced by any improper exercise of the authority of the parent. The duties of these trustees may be regarded, first as the case stands before the eldest son has attained twenty-one ; and, secondly, as the obligations of the trustees are varied by the occurrence of that event. I. Until the eldest son has attained ticenty-one the duty of the trustees not to join in any act to destroy the contingent remainders is express and imperative. i^A "When trustees," it was once observed by the court, "are appointed to preserve an estate in a family and for no other purpose, and they, instead of pursuing it, do a wilful act with an intent and in order to desti'oy it, how can this be otherwise than a plain breach of trust, or how can it be rendered clearer than by barely putting the case ? Should the court hold it no breach of trust, or pass it by with impunity, it would be making proclamation that the trustees in all the great settlements in England were at liberty to destroy what they had been entrusted only to preserve. Where an estate is limited to A. for life, remainder to his first and other sons in tail, though it be a plain wrong and tort in A. to do any act which will destroy those remainders before the birth of a son, notwithstanding his legal power of doing so, yet, as in this case there is no trustee, there can be no trust, nor conse- quently any breach of trust, and therefore a court of equity may have no cognisance of such a case nor handle for relief, the matter being left purely at the common law. To prevent this inconvenience, the remedy of appointing trustees was invented on purpose to disable the tenant for r*4nfil ^^^^ ^'(Q'iSL doing such an injury to his issue, which is not a very ■- -J *old invention. Now as it was a tort in the tenant for life where there were no trustees to destroy contingent remainders, so must it more plainly be one in trustees to join in the destruction of them being con- rary to their trust, upon which account only is such act of theirs punish- able in a court of equity." (cZ) It was formerly contended, that in settlements upon marriage, or for other valuable consideration, it would be a breach of duty to join in the (6) See Woodhouse v. Hoskias, 3 Atk. 24 ; Woolmore v. Burrows, 1 Sim. 527. (c) Mansell v. Mansell, 2 P. W. 678; Moody v. Walter, 16 Yes. 302 and 307, per Lord Eldon; Biscoe v. Perkins, 1 V. & B. 491, per eundem; Tipping v. Piggott, 1 iiq. Ca. Ab. 385, per Lord Harcourt ; Pye v. Gorge, 1 P. W. 128, per eundem; S. {d) Mansell v. Mansell, 2 P. W. 680. OF CONTINGENT REMAINDERS. 357 destruction of the remainders, but that in limitations created by will or other voluntary settlement the same doctrine was not applicable ; but in Mansell v. Mansell(e) the distinction was unhesitatingly over-ruled, for " whether the trustee did it on a voluntary conveyance or not was imma- terial, for still every trustee ought to be faithful to his trust." {/) If the trustees destroy the contingent remainders in favour of a volun- teer or purchaser with notice, the specific estate may be followed into the hands of such volunteer or purchaser ; but if the trustees pass the proper- ty into the hands of a purchaser without notice, then, as the identical estate cannot be recovered, the trustees will be decreed to buy other lands of equal value to be settled to the same uses.(r/) Where the ultimate limitation of a marriage settlement is to the heirs of the hushand, if the trustee join with the husband and wife in the destruction of that remainder, and there is no issue of the marriage, the heir of the husband is not entitled to come upon the trustee to compen- sate him for the loss of the estate : relief is extended to those only who come in and claim as purchasers, as first and other sons ; not to all the subsequent remaindermen, as the right heirs of the husband, who are regarded in the light of volunteers, and not to be aided in a court of equityi/i) And in a limitation to trustees and their heirs during *the life r^K^A-r-i of the husband, remainder to the heirs of the body of the husband, L J remainder to the husband in fee, the issue of the marriage cannot claim compensation for a breach of trust during the lifetime of the husband, for nemo est hceres viventis.{fj As any disturbance of the settlement before the eldest son has attained twenty-one is a clear breach of trust, it follows that even the court can- not sanction such a proceeding, though very particular circumstances may be alleged in support of the reasonableness of the demand. Thus, where the plaintiff and his wife had been married twelve years without issue, and the prayer of the bill was that part of the estate might be sold for payment of debts, and the trustees submitted to act as the court should direct, Lord North said ^'he could not justify to decree a breach of trust : he had known where people had been married near twenty years without issue, and afterwards had children. "(Z-) But two cases are to be noticed, in which the court did conceive itself justified, from the great particularity of the circumstances, in departing from this rule. The first is the case of Piatt v. Sprigg,(?) in which E. mortgaged lands to M. for 1000 years, to secure lOOOZ. and interest, and afterwards upon his marriage made a settlement, subject to the incumbrance, to the use of himself for life, remainder to trustees to preserve contingent remain- ders, remainder to the wife for life, remainder to the first and other sons. The mortgagee threatened to enter, and the lands were in consequence (e) 2 P. W. 678. (/) Id. 683. {g) Mansell v. Mansell, 2 P. W. 681, per Cur.; Parkes v. White, 11 Yes. 209, see 220, 236: Pye v. Gorge, Pr. Ch. 308 ; S. C. 1 P. W. 128. (/t) Tipping V. Piggott, 1 Eq. Ca. Ab. 385. (i) Else v. Osborn, 1 P. W. 387. {k) Davies v. Weld, 1 Vern. 181 ; S. C. 2 Ch. Ca. 144. {I) 2 Vern. 303. 358 LEWIN ON THE LAW OF TRUSTS, ETC. articled to be sold. The purchaser filed a bill praying specific perform- ance, and that the trustees might be directed to join in the conveyance, and so it was decreed by the court. But the ground of this decision was, that, as the mortgagee was not bound by the subsequent settlement, he might have foreclosed the estate, and so have precluded the parties entitled under the settlement from all interest in the property ; but if the lands were sold, the surplus proceeds, after discharging the mortgage, *would be so much gained to the uses of the settlement. Thus L "^ J the principle acted upon was not that trustees to preserve con- tingent remainders might join in the destruction of them, but that the best mode of executing the trust, under the circumstances, was to sub- stitute a sale for a foreclosure, and to lay out the surplus in lands to be settled to the same uses.(«i) In the case of Basset v. Clapham(H) A., after marriage, made a volun- tary settlement of lands to himself for life, remainder to trustees to pre- serve contingent remainders, remainder to the first and other sons in tail, remainder to himself in fee, and afterwards, becoming insolvent, executed a conveyance of the same premises to trustees for payment of his debts. The creditors filed a bill for the purpose of obtaining a sale, and prayed that the trustees might join in destroying the contingent remainders. Sir Joseph Jekyll at first refused the application, saying there was no precedent for such a direction ; but afterwards, a precedent being pro- duced to him, he granted the relief, " it being," he said, "at the suit of creditors, and for raising money iox payment of debts." It should also be mentioned as another duty of this class of trustees, that if an estate be limited to A. for life, remainder to trustees to pre- serve contingent remainders, remainder to the first and other sons of A. in tail, &c., should A. threaten to commit waste it would be the duty of the trustees to file a bill for an injunction for the benefit of the contin- gent remaindermen, (o) II. Of the duties of trustees to preserve contingent remainders after the eldest son has attained twenty-one. Upon the occurrence of this event the joining or not joining of the trustees in the destruction of the remainders ceases to be imperative, and becomes matter of discretion : they are said to be honorary trus- r*4.nQl ^^'^^){p) t^^^ is bound in honour only to *decide on the most pro- *- J per and prudential course. However, the court, where applica- tion was made to it, would always, as the general trustee in these cases, exercise the discretion vicariously for the trustees 5(5) and, where the trustees had abused the discretion, would, whatever might have been the ancient doctrine,(r) hold them responsible as for abroach of trust. (s) (m) See Barnard v. Large, 1 B. C. C. 536 ; Moody v. Walters, 16 Ves. 303. (n) 1 P.W. 358. (0) Perrot v. Perrot, 3 Atk. 95, per Lord Hardwicke ; Garth v. Cotton, 2 Ves. 555, jjer eundem. {j}) See Barnard v. Large, 1 B. C. C. 535 ; Biscoe v. Perkins, 1 V. & B. 492 ; Woodhouse v. Hoskins, 3 Atk. 24. (?) See Moody v. Walters, 16 Ves. 307 ; Biscoe v. Perkins, 1 V. & B. 492. (r) See Symance v. Tattan, 1 Atk. 614. (8) Barnard v. Large, 1 B. C. C. 535, per Sir T. Sewell. OF CONTINGENT REMAINDERS. 359 The only case in which the court has directed the contingent limita- tions to be destroyed, has been where the object of the parties was to re- settle the property upon the marriage of the eldest son.[t) Thus in Winnington v. Foley, it was reported by the master that the marriage of the eldest son was beneficial, and that it was necessary a new settlement should be made of the estate, and Lord Chancellor Parker said, " It would be greatly mischievous if the trustee should stand out, and not join with the father and son in cutting off the old settlement and making a new one : it was plainly for the benefit of the family; for by the in- tended settlement the son was to be but tenant for life, instead of tenant in tail;" and so decreed the trustee to join in the recovery. (w) Where the court has been called upon to disturb the settlement, and for no other purpose than merely to disturb it, the application has of course been refused. (y) And a fortiori the court would not lend its sanction if the object of the parties were such as the court ought positively to discourage, as where the intention of defeating the settlement was to pay off the father's incumbrances at the expense of the child. (ic) " The reason of making the father tenant for ninety-nine years only," said Lord Hardwicke, " is in order to preserve the estate : it may likewise be the design of such ^settlements to prevent the father's influence over the son when t^^^i^q-i of age, if the father was seised of the freehold, to get the son to L J destroy the settlement. Here the intention is to pay the debts of the father. It is the very case which was intended to be prevented by the trust."(a;) And Sir T. Sewell observed, " Trustees to preserve contin- gent remainders, who have the freehold in possession, are appointed for two purposes — one to preserve the estate against the father's power to destroy it, and the other to prevent the injury of any improper influence of the father over the son to induce him to join in destroying the entail created, in cases where he ought not to join.(y) From the conduct of the court on these occasions, may be inferred the duties imposed upon the trustees. However, should the trustees exer- cise their discretion where the court would not have interfered, it does not therefore follow that they are liable as for a breach of trust : it is one thing for the court to say the object of barring the entail is not so clearly beneficial as to justify the court in overturning the settlement ; it is another to hold the object so absolutely mischievous as to make the trus- tees responsible on the ground of a breach of duty.(2) The preceding remarks have been general, without distinguishing between marriage settlements and wills ; but upon principle, perhaps, (t) Frewia v. Charleton, 1 Eq. Ca. Ab. 386 ; Townsend v. Lawton, Sel. Ch. Ca. 71; Barnard v. Large, 1 B. C. C. 536, per Sir T. Sewell; and see Symance v. Tattam, 1 Atk. 614 ; Dormer v. Fortescue, 3 Atk. 129. (u) 1 P. W. 536 ; and see Townsend v. Lawton, 2 P. W. 380. (v) Barnard v. Large, 1 B. C. C. 534. (w) Townsend v. Lawton, 2 P. W. 379 ; Woodhouse v. Hoskins, 3 Atk. 22. (x) Woodhouse v. Hoskins, 3 Atk. 24. (y) Barnard v. Large, 1 B. C. C. 535. (z) See Biscoe r. Perkins, 1 V. & B. 491 ; Woodhouse v. Hoskins, 3 Atk. 24 ; Barnard v. Large, 1 B. C. C. 535 ; Moody v. Walters, 16 Ves. 309. 3G0 LEW IN ox THE LAW OF TKUSTS, ETC. the two instruments ought not to be confounded. The object of a mar- riao-e settlement is to preserve the estate in the family, and, were it not for the rule against perpetuities, the limitation to the eldest son would be not in tail; but for life, with remainder to his eldest son ; and if on the marriage of the eldest son, the trustee has joined in a new settlement for the purpose of further tying up the estate, he has undoubtedly acted in conformity with the original intention. But in a will, as all the devi- sees are volunteers, and the trustee does not hold upon trust for the first tenant in tail more than for the successive remaindermen, if the trustee j-jj, . - ^ ^ has *enabled an eldest son to get possession of the fee simple at L -I the expense of the remainderman's interest, it might be argued he has overstepped his duty, and ought to answer for it as for a breach of trust. The distinction was thus observed upon by Sir T. Sewell, in the case of Barnard v. Large. (a) " The trustee/' he said, '' though pro- perly appointed to preserve contingent remainders only, is, in effect, a trustee for all vested as well as contingent remainders, and has been so considered ; but with respect to vested remainders if they have been to remote relations upon settlements, where the persons to whom they are limited are not the immediate objects of the parties, or where they stand in opposition to the first tenant in tail desiring a reasonable benefit con- sistent with the intention of the creators of the limitations, their preten- sions have not been much considered : in a will all take as volunteers, and are equally to be considered." But this distinction, though supported by the authority we have men- tioned, was not noticed by Lord Eldon in the discussion of Biscoe v. Perkins, the case of a devise. ft) The law upon the duties of trustees to preserve contingent remainders has recently undergone great alterations. By the 15th section of the fines and recoveries actM it is declared, that every tenant in tail, whether m j^ossession , remainder, contingency, or otherwise, shall have power to dispose of the lands entailed for an estate in fee simple absolute ; but by the 40th and two following sections, the disposition must be by deed inrolled, and must be made with the consent of tlie protector of the settlement. Under the old law, the key of the settlement was in the hands of the person who was owner of the freehold in possession; but now, by the 32d section, any settlor entailing lands may appoint any number of per- sons in esse, not exceeding three and not being aliens, to be protector of the settlement during the period therein specified, and may perpetuate the protectorship by means of a power of appointment of new protectors. If the settlor has not taken advantage of this permission, then, by the r*4121 ^'^^ section, if there be subsisting *under the settlement any -J estate for years determinable on the dropping of a life or lives, or any greater estate (not being an estate for years) prior to t^e estate tail, the owner of such prior estate, or of the first of such prior estates if more than one, or the person who icould have been owner had he not disposed of his interest, is constituted the protector of the settlement ; (a) 1 B. C. C. 535. (i) i y. & B. 485. (c) 3 & 4 Will. 4, c. 74. OF CONTINGENT REMAINDERS. 361 but,^ by the 27th section, no dowress, hare trustee, heir, executor, or ad- ministrator shall be protector. However, by the 31st section, it is en- acted, that " where, ^lnder a settlement made before the passing of the act, the person, who under the old law should have made the tenant to the prcecipe, shall be a hare trustee, such trustee during the continuance of the estate conferring the right to make the tenant to the prcecipe shall be the protector ;" but, by the 36th section, the protector of a settlement shall not be deemed to be a trustee in respect of his power of consent, and a court of equity shall not control or interfere to restrain the exercise of his power of consent, nor treat his giving his consent as a breach of trust. Under the provisions, therefore, of this act, as regards settlements made since the passing of the act, a bare trustee cannot be protector in any case ; and as regards settlements made before the passing of the act, though the trustee may become protector by the operation of the 31st section, he is not accountable to a court of equity for the exercise of his discretion. By the 7 & 8 Vict. c. 76, s. 8, it was declared that no estate should be created by vfay of contingent remainder ; but that every estate which before that time would have taken eifect as a contingent remainder, should take effect as an executory devise, or if in a deed, as an estate having the same properties as an executory devise, and that contingent remainders already created should not be defeated by the destruction or merger of the preceding estate. But this sweeping clause was repealed by 8 & 9 Vict. c. 106, s. 1 ; and in lieu thereof it was enacted (s. 8,) that a contingent remainder should be deemed capable of taking effect, notwithstanding the determi- nation by forfeiture, surrender or merger of any preceding estate of free- hold, in *the same manner in all respects as if such determina- r^^A-,o-\ tion had not happened. L '*^'^J It is consequently now unnecessary to make use of any machinery for preserving contingent remainders from destruction by the forfeiture, sur- render, or merger of the preceding estate. But limitations to trustees, during the lives of the tenants for life, are still frequently introduced in settlements for the purpose of creating a check upon the tenants for life, as, in cases of waste by them, it would be the duty of the trustees to in- terfere as protectors of the remaindermen's interests. Moreover, in the absence of such limitations, questions of considerable difficulty would arise in reference to the right of protectorship of an en- tailed estate, in cases where the estate which would otherwise confer the protectorship became extinguished by forfeiture or othei'wise ; so that, on the whole, the insertion of such limitations is conceived to be the safer course. It must, of course, be borne in mind, in connection with this question, that contingent remainders are still liable to be defeated should the pre- ceding life estate determine, in due course, before they become vested. And, in this point of view, the limitation of life estates adequate to sup- port the contingent remainders is still a matter of considerable impor- tance. 362 LEWIN ON THE LAW OF TRUSTS, ETC. |-*414] ^CHAPTER XVI. DUTIES OP TRUSTEES FOR SALE. The subject of trusts for sale may be conveniently distributed into three branches : first, The general duties of trustees for sale ; secondly, The power of trustees to sign discharges for the purchase-money ; and, thirdly. The disability of trustees to become purchasers of the trust pro- perty. SECTION I. the general duties of trustees for sale. It need scarcely be observed that trustees for sale, whether expressly such, or only by implication, as persons enabled to sell by virtue of a charge, (a) are authorized to enter into contracts without the previous sanction of the court ;(i) but where a bill has been filed for the execu- tion of the trust, that attracts the jurisdiction of the court, and the trus- tee would not be justified in proceeding to a sale out of court.(c) The trustee will remember that he is bound by his ofl&ce to bring the estate to a sale under every possible advantage to his cestui que trusf,[d) and in the case of several cestuis que trust, with a fair and impartial attention to the interests of all the parties concerned. (e) If the trustee, . or those who act *by his authority, fail in reasonable diligence in L J the management of the sale, as if he contract under circum- stances of haste and improvidence, or contrive to advance the interests of one party at the expense of another, he will be personally responsible for the loss to the suffering party ;(/) and the court, however correct the conduct of the purchaser, will refuse at his instance to compel the specific performance of the agreement. (^) In no case will the court en- force the specific performance of a contract where a breach of trust is involved, (/i) A trustee who takes no active part in the business cannot excuse him- self by saying he had nothing to do with the conduct of the other to whom the management was confided ; for where several trustees commit (a) Shaw v. Borrer, 1 Keen, 559. (6) Earl of Bath v. Earl of Bradford, 2 Ves. 590, per Lord Hardwicke. (c) Walker v. Smalwood, Amb. 676; and see Raymond v. Webb, Lofft, 66; Drayson v. Pocock, 4 Sim. 283 ; Culpepper v. Aston, 2 Ch. Ca. 116, 223 ; and see further, infra, pp. 523, 524. {d) Downes v. Grazebrook, 3 Mer. 208, per Lord Eldon ; and see Matthie v. Edwards, 2 Coll. 480. (e) Ord v. Noel, 5 Mad. 440, per Sir J. Leach ; and see Anon, case, 6 Mad. 11. (/) See Pechel v. Fowler, 2 Anst. 550. [g) Ord V. Noel, 5 Mad. 440, per Sir J. Leach ; Turner v. Harvey, Jac. ITS, per Lord Eldon; Bridger v. Rice, 1 'Jac. & Walk. 74; Mortlock v. Buller, 10 Ves. 292 ; and see Hill v. Buckley, 17 Ves. 394 ; White v. Cuddon, 8 CI. & Fin. 766. {h) Wood V. Richardson, 4 Beav. 116, per Lord Langdale ; Fuller v. Knight, 6 Beav. 205 ; Thompson v. Blackstone, 6 Bear. 470. DUTIES OF TRUSTEES FOR SALE. 3(53 the entire administration of the trust to the hands of one, they are all equally responsible for the faithful discharge of their joint duty by that one whom they have substituted. (i) The trustees will be allowed a reasonable time for disposing of the estate, and though the instrument creating the trust direct them to sell "with all convenient speed," that is no more than is implied bylaw, and does not render an immediate sale imperative. (/i:) On the other hand, if the trust be to sell " at such time and in such manner as the trustees shall think fit," this will not authorize the trustees to postpone the sale arbitrarily to an indefinite period; at all events the trustees can- not by such postponement vary the relative rights of the tenant for life and remaindermen, and so interfere with the settlor's intention. (?) *If the trust be "with all convenient speed and within |-*j.ipT five years" to sell the estate and apply the funds in payment of L J debts, &c., the proviso as to the five years is considered as directory only, and the trustees can sell and make a good title after the lapse of that period. The court could scarcely impute to the settlor the intention that the sale at the end of the five years should be made by the court, which would be the case if the power in the trustees were extinguished. (?/i) In a case where the trustees had endeavoured for some time to sell, and not having succeeded, they agreed to execute a lease, the court, on a bill filed by the trustees to compel specific performance, refused to de- cree the lease, as the trust for sale did not j^rima facie imply a power to grant leases. (ji) And so executors, although quasi trustees for sale, may, under special circumstances, be justified in granting a lease ;(o) but such an act is not regularly within their province, and therefore it is incumbent on the persons taking a lease from them to show that it was called for by the interests of the parties entitled to the property.(p) A trust for sale, if there be nothing to negative the settlor's intention to convert the estate absolutely, will not authorize the trustees to execute a mortgage. (^q) But where an estate is devised to trustees, charged with debts, and subject thereto, upon trust for certain parties, so that a sale, though it may be required, is not the testator's object, the trustees may, for the purpose of paying the debts, more properly mortgage than sell.(>-) "A power of sale out and out," observed Lord St. Leonards, " for a pur- pose, or with an object beyond the raising of a particular charge, does not authorize a mortgage; but where it is for raising a particular charge, and the estate is settled subject to that charge, then it may be proper, under the circumstances, to raise the money by mortgage, and the court (i) Oliver t. Court, 8 Price, 166, per Lord Chief Baron Richards ; In re Chert- sey Market, 6 Price, 28o, per eundem. (k) Buxton V. Buxton, 1 M. & C. 80 ; Garrett v. Noble, 6 Sim. 504 ; and see Fitzgerald v. Jervoise, 5 Mad. 25 ; Vickers v. Scott, 3 M. & K. 500. (l) See Walker v. Shore, 19 Ves. 391 ; Hawkins v. Chappell, 1 Atk. 623. (??i) Pearce t. Gardner, 10 Hare, 287 ; and see CufiF v. Hall, 1 Jur. N. S. 973. (n) Evans v. Jackson, 8 Sim. 217. (0) Hackett v. M'Namara, LI. & G. Rep. t. Plunket, 283. (p) Keating v. Keating, LI. & G. Rep. t. Sugden, 133. (qj Haldenby v. Spafforth, 1 Beav. 390 ; Stroughill v. Anstey, 1 De G. M. & G. 635; Page v. Cooper, 16 Beav. 396; Devaynes v. Robinson, 5 Weekly Rep. 509. (r) Ball v. Harris, 4 M. & Cr. 264. 3G4 LEW IN ON THE LAW OF TRUSTS, ETC. will support it *as a conditional sale, as something within the L J power, and as a proper mode of raising the money.(s) A testator devised an estate to trustees upon trust to apply the rents for fifteen years in payment of incumbrances charged thereon, and if, by any reason whatever, in the opinion of the trustees a sale should become necessary, " they were authorized to sell." The purchaser objected that the amount of the incumbrances would not justify a sale of the whole estate, but it was held that the power of sale depended on the opinion of the trustees, and the fact that they thought it necessary would be evi- denced by the conveyance. (^) A trust to raise money by mortgage will not authorize a sale, though the latter may be more beneficial to the estate ; and the court itself has no jurisdiction to substitute a sale for a mortgage. («) A power to trustees to sell will not authorize a partition, though whether a power to sell and exchange will do so remains at present doubtful, (i;) In settlements of real estate a power of sale is usually given to trus- tees, to be exercised with the consent of the tenant for life, with a direc- tion to lay out the proceeds, with all convenient speed, in another pur- chase, and in the mean time to invest them upon some proper security. For determining upon what occasions the trustees would be justified in proceeding to a sale, it will be proper to notice, in the words of Lord Eldon, the intention of the settlement in so framing the power : " The most improvident course that could be adopted," he said, "would be to intrust the tenant for life with the execution of the power; for it is generally the interest of the tenant for life to convert the estate into money, either with a view to sell another estate to his family, or for the ordinary purpose of getting a better income during his life. The mode of settlement, therefore, in such a case, is, that the trustees are to sell, but not without calling to their aid all fair attention to the nature of the r*4.1Sl subject and the convenience of the *property; they are to sell, L J therefore, with the consent of the tenant for life; and as he is a purchaser for the future family, the providence of the settlement re- quires that the fact of such consent and approbation should be evidenced by deed, &c. With that consent and approbation necessary to protect the interest of the tenant for life, the trustees, bound to a due attention to the interest of the children, have a power of selling for such price as shall appear to them to be reasonable, that is, after they have with due diligence examined." His lordship then proceeds to lay down the rule that ought to regulate the conduct of trustees in the following terms : — '^ The object of the sale," he said, " must be to invest the money in the purchase of another estate, to be settled to the same uses, and they are not to be satisfied with probability upon that, but it ought to be with reference to an object at that time supposed practicable, or, at least, this (s) Stroughill v. Anstej, 1 De G. M. & G. 645 ; Page v. Cooper, 16 Beav. 400. (t) Rendlesham v. Meux, 14 Sim. 249. (m) Drake v. Whitmore, 5 De G. & Sm. 619. (y) Brassey v. Chalmers, 16 Beav. 223; 4 De G. M. & G. 528; Bradshaw v. Fane, 2 Jur. N. S. 247. DUTIES OF TRUSTEES FOR SALE. 365 court would expect some strong purpose of family prudence justifying the conversion, if it is likely to continue money."(?«) Sir W. Grant is said to have concurred in the same sentiments, (x) so that clearly the trustees would not be justified in selling to gratify the caprice or pro- mote the exclusive interest of the tenant for life. It might happen that particular circumstances might call for an immediate sale, as where an extremely advantageous offer is made, or there is a prospect of great de- terioration by abstaining from exercising the power ; but, generally speaking, the trustees ought not to convert the estate without having another specific purchase in view, and then not for the mere purpose of conversion, but in the honest exercise of their discretion, for the benefit of all parties claiming under the settlement. (y) The power of investing the proceeds upon some security in the mean time was not meant to au- thorize the continuance of the pi'operty as money, but only to meet the exigencies of particular circumstances, as where the trustees are disap- pointed of the contemplated new purchase, or the state of the title leads to necessary delay. *Trustees for sale at the request and by the direction of another ^^.^ (... party, to be testified by writing, &c., cannot obtain a decree for L J specific performance without first proving that the contract was entered into at such request and by such direction, and that such request and direction have, either before or since the contract, been testified by the requisite writing. (z) If an estate be vested in trustees upon trust for A. for life, and then to sell, the trustees have no power to sell during the life of A., however beneficial it may be to the parties interested in the trust. (a) Where an estate is vested in two or more trustees upon trust to raise a sum by sale or mortgage, and one of the trustees dies, the survivors or survivor may sell or mortgage, unless there be words in the settlement which expressly declare that the trust shall not be exercised by the sur- vivors or survivor, for the execution of a trust is not treated on the foot- ing of a power ; but the presumption is that, as the estate, so the discre- tionary part of the trust passes to the survivors or survivor. (6) The objection is sometimes taken that, where there is a power of ap- pointment of new trustees, and one of the trustees has died and a new trustee has not been substituted, the survivor is incompetent to execute a valid conveyance. But the legal estate passes to the surviving joint tenant at law,(c) and the trust, as we have seen, shifts to the survivor in equity -.(cl) and though a proviso for appointment of new trustees may certainly be so framed that the execution of the trust should, until a new trustee has been substituted, remain in suspense,(e) yet the clause, as (w) Mortlock T. Duller, 10 Ves. 308, 309. (z) Lord Mahon v. Earl Stanhope, cited 2 Sug. Pow. 512. (y) See Cowgill v. Lord Oxmantown, 3 Y. & C. 369 ; Watts v. Girdlestone, 6 Beav. 188 ; Marshall v. Sladden, 4 De Gex & Sm. 468. (z) Adams v. Broke, 1 Y. & C. Ch. Ca. 627 ; see the decree at the foot of the case, and see Blackwood v. Borrowes, 2 Conn. & Laws, 459. (a) Johnstone v. Baber, 8 Beav. 233. (6) Lane v. Debenham, 11 Jiir. 1004. (c) Doe V. Godwin, 1 D. & R. 259. (d) See supra, pp. 299, 300. (e) See Foley v. Wontner, 2 Jac. & Walk. 246. March, 1858.— 24 366 LEWIN ox THE LAW 01 TRUSTS, ETC. usually penned in settlements, is considered by the courts to be merely of a directory character. (/) In a mortgage to two persons where there is apovser of sah to " them, their heirs and assigns," and one dies, the survivor may *sell -.(g) L J and in a mortgage to A. in fee, with a power of sale to him, " his heirs, administrators, executors and assigns," the administrator of the assign of A., though the legal estate of the lands be not in himself, but in a trustee for him under a conveyance from the heir of the assign, is, too-ether with such trustee, an assign within the meaning of the power, and can, therefore, sell.(/i) lu respect of sales and mortgages for raising portions, if a specific sum be civen to A., payable on her age of twenty-one years, or day of mar- riao'e, the money cannot be raised until the interest has become vested ; for should the fund created by the money raised prove deficient, the por- tionist might still have recourse to the estate :(i\ and so where the trust of a term was to raise 3000^. for younger children, payable at their respec- tive ages of twenty-one years, or days of marriage, it was held the trustees were not authorized, "when one child had attained his age of twenty-one years, to raise the entire sum ; for the infant children could not be de- prived of the real security for their shares. (/r) But from the manifest convenience of raising the portions at once, it seems the court will lean to that construction where any thing appears upon the instrument to con- template such a course. Thus the trustees of a marriage settlement were directed, after the death of the husband, to levy and raise by mortgage, sale, or other disposition of the estate, if there should be more than three children, the sum of 10,000^. for their portions, the shares of the sons to be vested in, and payable to them at the age of twenty-one, and the shares of the daughters at twenty-one or marriage; and it was provided that no mortgage should he made until some one of the portions should become payable; and four of the children had attained twenty-one and three were under age ; the vice-chancellor said, ^' In this settlement there is a clause that no mortgage is to be made until some one of the portions shall become payable. The whole 10,000/. must therefore be raised at once. r*4.-'>n ^^ ^^ objected that some of the shares may become ^diminished L " J in amount : the answer to that is, that the court considers the in- vestment in the three per cent, consols as equivalent to payment. If there is any rise in the funds the children under ase will have the bene- fit of it. (/) A trustee for sale will of course inform himself of the real value of the property, and for that purpose, will, if it be necessary, employ some ex- perienced person to furnish him with an estimate, (m) And as a trustee, like any ordinary vendor, is bound to make the pur- (/) See supra, p. 301. [g) Hind v. Poole, 1 Kay & Johns. 383. {h) Saloway v. Strawbridge, 1 Kay & Johns. 371. (t) Dickenson v. Dickenson, 3 B. C. C. 19. [k) Wynter v. Bold, 1 S. & S. 507. [l) Gillibrand v. Goold, 5 Sim. 149. (m) See Oliver v. Court, 8 Price, 165: Campbell v. Walker, 5 Yes. G80: Conollv T. Parsons, 3 Ves. 628, note ; Sugd. Vend. & Purch. 55, 11th ed. DUTIES OF TRUSTEES FOR SALE. 3(37 chaser a good title,(n)it would be prudent, before proceeding to the exe- cution of the trust, to take the opinion of some professional person whether a good title can be deduced. Should the contract for sale be uncondi- tional and the title prove bad, the purchaser in a suit for specific per- formance would be allowed his costs against the trustee, (o) though the trustee, where his conduct was excusable, might charge them upon the trust estate under the head of expenses. If lands be devised to trustees in trust to sell for payment of debts, and subject to that charge be given to A. for life without impeachment of waste, with remainders over, the trustees must not raise the money by a sale of timber, which would be a hardship on the tenant for life, but by a sale of part of the estate itself; and should they have impro- perly resorted to a fall of timber, the tenant for life would have a charge upon the lands to the amount of the proceeds. (p) And, on the other hand, if there be a sum given to be laid out in the purchase of an estate to be settled on A. for life without impeachment of waste, with remain- ders over, the trustees would not be justified in purchasing a wood-estate, so that the tenant for life when put in possession could, by a fall of the timber, possess himself of a great part of the capital or corpus of the fund. But it is presumed that the trustees might purchase an estate where the timber standing formed no very considerable part *of r-if:iQo-, the value, for it cau hardly be supposed that the trustees were L -1 meant to purchase land without a tree upon it. The sale may be conducted by public auction or private contract, as the one or the other mode may be most advantageous, according to the circumstances of the case. (5) And it was held under the old Insolvent Debtors' Act, 7 Geo. 4, c. 57, s. 20, directing a sale by auction, that the assignees of an insolvent might sell a real estate by private contract, after an ineffectual attempt to dispose of it by auction. (/•) And so, under the subsequent Insolvent Debtors' Act (1 & 2 Yict. c. 110, s. 47, which di- rects the assignees of insolvents to sell "in such manner" as the major part, in value, of the creditors should direct,) in a case where the credi- tors resolved that there should be a reserved bidding of 325/., and the assignees sold by auction for 310?., the clause was held to be merely directory, and that the deviation from the resolution of the creditors did not, therefore, vitiate the sale.(.s) The trustee cannot without responsibility delegate the general trust for sale }(t) but there seems to be no objection to the employment of agents by him, where such a course is conformable to the common usage of busi- ness, and the trustee acts as prudently for the cestui que trust as he would (n) White v. Foljambe, 11 Yes. 343, 345, per Lord Eldon : and see M'DonaM v. Hanson, 12 Yes. 277 ; Yeud. & Purch. 61, 11th ed. (0) Edwards v. Harvey, Coop. 40. (p) Davies v. Westcomb, 2 Sim. 425. {q) See Ex parte Dunman, 2 Rose, 66 ; Ex parte Hurlj, 2 D. & G. 631 ; Ex parte Ladbroke, 1 Mont. & A. 384. (r) Mather v. Priestmau, 9 Sim. 352. (s) Wright V. Maunder, 4 Beav. 512 ; and see Sidebotham T. Barrington, 4 Beav. 110. (t) Hardwick t. Mynd, 1 Anst. 109. 368 LEWIN ON THE LAW OF TRUSTS,>ETC. have done for himself.(«) But an agent for sale must not be allowed to receive the purchase-money. If the trustee think a sale by auction the more eligible mode, he must see that all proper advertisements are made, and due notice given. It was ruled in aa old case,(z;) that a cestui que trust could not, by alleging the want of these preliminary steps, obtain an injunction against the sale ; for, the trustee being personally responsible to the cestui que trust for any consequential damage, the court could not regard it as a case of irreparable injury. But, in a more recent case, where a mortgage deed _ contained a power of sale, and the mortgagor, *alleging that due L "" J notice had not been given, applied for an injunction against the sale, though Sir John Leach in the first instance, on the assumption that the potcer was vested in the mortgagee, (^ic^ refused the motion, consider- ing that, as the plaintiff might give notice to the purchaser of the insti- tution of the suit, it was better there should be an additional party to the cause than a possible injury be risked to the mortgagee by the interrup- tion of the sale, yet it afterwards appearing that the power was limited to a trustee, and that the mortgagor had not been apprised of the intended sale, his honor granted the injunction. <' It was the duty," he said, " of the trustee to attend equally to the interests of both cestitis que trust, and to apprise both of the intention of selling, that each might take the means to procure an advantageous sale."(cc) A trustee may sell subject to any reasonable conditions of sale,(?/) but would not be justified in clogging the property with restrictions that were evidently uncalled for by the state of the title. (2) It is not unusual in penning a trust for sale to authorise the trustees expressly to insert special conditions of sale ; but still this would be no warrant for the introduction of stipulations plainly a breach of trust as not rendered necessary by the state of the title, and calculated to damp the success of the sale. There seems to be no rule to prevent trustees from selling in lots, should the auctioneer or other experienced person recommend it as the most advisable course. (a) It is certain that assignees of a hankrupt cannot buy in at the auction without the authority of the creditors. Where the assignees had put up the estate in two lots, and bought them in, and afterwards upon are-sale there was a gain upon one lot and a loss upon the other, the balance upon the whole being in favour of the estate, Lord Eldon compelled the assignees to account for the diminution of price on the one lot, and would not allow them to set off the increase of price on the other.(i) It {u\ Ex parte Bekhier, Amb. 218 ; and see Ord v. Noel, 5 Mad. 438. {v) Pechal v. Fowler, 2 Anst. 549. (w) As to restraining a mortgagee from selling, see Matthie v. Edwards, 2 Coll. 465, S. C. on appeal nomine Jones v. Matthie, 11 Jurist, 504. {x) Anon, case, 6 Mad. 10; Blennerbasset v. Day, 2 B. & B. 133. (2/) Hobson V. Bell, 2 Beav. 17. {2) Wilkins V. Fry, 2 Rose, 375 ; S. C. 1 Mer. 268. (a) See Co. Lit. 113 a ; Ord v. Noel, 5 Mad. 438 ; and see Ex parte Lewis, 1 Gl. & J. 69. > i' ) (i) Ex parte Lewis, 1 Gl. ro- perti/ by the governors can be shown to have a tendency to pervert the end of the institution, the court will immediately interpose, and put a stop to such wrongful application. (a;) *An estate newly bestowed upon an old corporation is not to [*494] ^^ regarded in the same light as property with which the charity was originally endowed. The visitatorial power is forum domesticum — the private jurisdiction of the founder; and the new gift will not be made subject to it, unless the will of the donor be either actually ex- pressed to that effect, or is to be collected by necessary implication.(?/) If a legal or equitable interest be given to a body corporate, and no spe- cial purpose be declared, the donor has plainly implied that the estate shall be under the general statutes and rules of the society, and be regu- lated in the same manner as the rest of their property :(.~) but if a par- ticular and special trust be annexed to the gift, that excludes the visi- tatorial power of the original founder; and the court, viewing the corporation in the light of an ordinary trustee, will determine all the same questions as would have fallen under its jurisdiction had the ad- ministration of the fund been intrusted to the hands of individuals. Thus, in Grreen v. Kutherforth,(a) an advowson was devised to St. John's College, Cambridge, upon trust, when the church should become void, to present "the senior divine then fellow of the College." A dis- pute arose as to the true interpretation of the words ; and had the direc- tion been contained in the statutes of the college, the construction would have fallen under the visitatorial province ; but as the property was a new donation, it was held the question was determinable in the forum of the Court of Chancery. " A private person," it was said, " would have been compellable to execute the will, and, considered as a trust, it made no difference who were the trustees. Though here they were a collegiate body whose founder had given a visitor to superintend his own lounty, yet, as regarded one claiming under a separate benefactor, the court would look on them as trustees, and would compel them to execute the intent under the direction of the court, (i) The visitor, whose judg- 2 P. W. 326 ; Attorney-General v. Dixie, 13 Yes. 533, 539 ; Attorney-General v. Corporation of Bedford, 2 Yes. 505 ; 5 Sim. 578 ; Attorney-General v. Browne's Hospital, 17 Sim. 137; Attorney-General v. Governors of Dedham Grammar School, 3 Jur. N. S. 325. (w) Attorney-General v. Earl of Clarendon, 17 Yes. 491, see 498; Whiston v. Dean & Chapter of Rochester, 7 Hare, 532 ; Attorney-General v. Dixie, 13 Yes. 519 ; Attorney-General v. Middleton, 2 Yes. 327, see 330 ; Attorney-General v. Dulwich College, 4 Beav. 255 ; Attorney-General v. JIagdalen College, Oxford, 10 Beav. 402 ; Attorney-General v. Corporation of Bedford, id. 505 ; In re Bedford Charity, 5 Sim. 578. (x) See Attorney-General v. St. Cross Hospital, 17 Beav. 435 ; Attorney-Gene- ral V. The Governors of the Foundling Hospital, 2 Yes. jun. 48 ; Attorney-General v. Earl of Clarendon, 17 Yes. 499. (y) Green v. Rutherforth, 1 Yes. 472, per Lord Hardwicke. (z) Id. 473, per eundem ; Ex parte Inge, 2 R. & M. 596, per Lord Brougham ; Attorney-General v. Clare Hall, 3 Atk. 675, per Lord Hardwicke. (a) 1 Yes. 462. (6) 1 Yes. 468, 473. DUTIES OF TRUSTEES OF CHARITIES. 419 ment must be founded on the statutes, could *not execute the (-:}:4ncn trusts of the will, for that would be departing from the statutes; >- ' -J and the adhering to the statutes would be adding further circumstances to the trust than the testator prescribed, and making it the founder's will, and not the testator's/ '(t) But even the visitatorial power may, under particular circumstances and in a special manner, be exercised by the lord chancellor ; for the crown may be visitor by the terms of the foundation, and if the heir of the founder cannot be discovered, (t?) or become lunatic,(e) the visitatorial power, rather than the corporation should not be visited at all, will result to the crown. In civil corporations the king is visitor through the Court of Queen's Bench ; for corporate bodies which respect the public police of the country and the administration of justice, are necessarily better regulated under the superintendence of a court of law : but as regards eleemosynary corporations the king's visitatorial power has been com- mitted to the lord chancellor, as in matters of charity the more appro- priate supervisor. (/) And the mode of application to the lord chan- cellor in these cases is by petition to the Great Seal.(y) We proceed to the consideration of the duties of trustees of charities. It is of course imposed upon the trustees whether individuals or a cor- poration, not to convert the charity fund to other uses than according to the intent of the founder or donor ; so long as those uses are capable of execution. (A) Thus if the gift be to find a preacher in Dale, it would be a breach of trust to provide one in Sale ; or if it be to find a preacher, and the trustees apply it to the poor or to some other purpose ;(Q r* (q,>-i *or if the trust be for the poor of 0., and the trustees extend it L ' J to other parishes; (A or if the trust be to repair a chapel, and the rents be mixed up with the poor-i'ate for parochial purposes ;(m) or if a fund be raised for erecting an hospital, and it be diverted to lighting, paving, and cleansing the town.(«) A chapel was granted to the trustees of a school for the use and benefit of the said school, and though the inhabitants of the hamlet had been long accustomed to attend divine service in the chapel, it was held that, as the chapel was for the exclusive benefit of the school, the trustees had (c) 1 Ves. 469. {d) Ex parte Wrangham, 2 Ves. jun. 609 ; Attorney-General v. Earl of Claren- don, IV Ves. 498, per Sir W. Grant; Attorney-General v. Black, 11 Ves. 191; Case of Queen's College, Cambridge, Jac. 1. (e) Attorney-General v. Dixie, 13 Ves. 519, see 533. (/) King V. St. Catharine's Hall, 4 T. R, 233, see 244 ; and see Ex parte Wrang- ham, 2 Ves. jun. 619. {g) See the cases cited in notes {d) and (j ^^^ nothing more be said, the court will execute the trust in favour of the established form of religion. But if it be clearly expressed upon the deed or will that the purpose of the settlor is to pro- mote the maintenance of dissenting doctrines, the court, provided such doctrines be not contrary to law, will execute the intention. (r) And where a fund is raised for the purpose of founding a chapel (or indeed any other charity,) and the contributors are so numerous as to preclude the possibility of their all concurring in any instrument declaring the trust, and such a declaration of trust is made by the persons in whom the property is vested at or about the time when the sums have been raised, that declaration may reasonably be taken prima /acie as the true exposition of the minds of the contributors. (s) Where an institution exists for the purpose of religious worship, and it cannot be discovered from the instrument declaring the trust what form or species of religious worship was in the intention of the settlors, the court will then inquire what has been the usage of the congregation ; and if such usage do not contravene public policy will be guided by it as evidence of the intention in the administration of the trust. And by a recent act, if the instrument of trust do not define the religious doctrines, twenty-five years' usage immediately preceding any suit is made conclu- sive evidence thereof/^) But if the purpose of the settlors appear clearly (0) Attorney-General v. Earl of Mansfield, 2 Russ. 501. Xp) Ex parte Greenhouse, 1 Mad. 92 ; reversed on technical ground, 1 Bl. N. R. 17. (g) Attorney-General y. Corporation of Exeter, 2 Russ. 45 ; S. C. 3 Russ. 395 ; and see Attorney-General v. Bovill, 1 Phil. T62 ; Attorney-General v. Blizard, 21 Beav. 233. (r) Attorney-General v. Pearson, 3 Mer. 409. per Lord Eldon ; see S. C. 7 Sim. 290. (s) Attorney-General v. Clapham, 4 De Gex, M. & G. 626. \t) Y & 8 Yict. c. 45, s. 2. DUTIES OF TRUSTEES OF CHARITIES. 421 upon the instrument, the court, in that case, though the usage of the cono'regation may have run in a different channel, cannot change the nature of the original institution : it is not competent for the majority of the congregation, or for the managers of the property, to say, " We have altered our opinions : the chapel in future shall be for the benefit of per- sons of the same persuasion as ourselves. "(m) *If the deed of endowment neither provide for the succession r^^gg-i of trustees nor the election of the minister, an inquiry will be L J directed, who, according to the nature of the establishment, are entitled to propose trustees, and to elect the minister ;(t') and if the election of the minister properly belong to the congregation, the majority is for that purpose the congregation. (it) The appointment of the minister cannot, in such a case, belong to the heir of the surviving trustee, who may not be of the same persuasion, but, it might happen, a Roman Catholic or Jew.(.):) A minister in possession of a meeting-house is tenant at will to the trustees, and his estate is determinable by demand of possession without any previous notice. (^) But this merely tries the legal right without affecting the question whether in equity the minister was properly de- prived,(,:;) and if the minister be in possession, and preaching the doc- trines that were intended by the founders, it is the practice of a court of equity to continue him until the case can be heard, whether he was duly elected or not (for the first point is to have the service performed) and the court will pay him his salary. (a) It is the policy of the established church by giving the minister an estate for life in his ofiice, to render him in some degree independent of the congregation ; but if it be the general usage amongst any particular class of dissenters to appoint their ministers for limited periods, or to make them removable at pleasure, though a court of equity might not struggle hard in support of such a plan, there is no principle upon which the court would not be bound to give it effect.(i) To every corporation there belongs of common right the power of establishing hyc-laws for the government of their own *body ; r^^gg-i but this privilege cannot authorize the enactment of any rules or L J regulations that would tend to pervert or destroy the directions of the original founder and the objects of the charity.(c) And so a clause in a deed investing the trustees, or the major part of them, with the power of making orders from time to time upon matters relating to a meeting- (m) S. C. 3 Mer. 400, per Lord Eldon ; Foley v. Wontner, 2 Jac. & Walk. 24T, per eundem ; Craigdiillie v. Aikman, 1 Dow's P. C. 1 ; Milligan v. Mitchell, 3 M. & C. 12 ; Broom v. Summers, 11 Sim. 353 ; Attorney-General v. Murdoch, 7 Hare, 445 ; 1 De Gex, M. & G. 86; Attorney-General v. Munro, 2 De Gex & Sm. 122. {v) Davis V. Jenkins, 3 V. & B. 151, see 159 ; and see Leslie v. Biniie, 2 Russ. 114. {w) Davis v. Jenkins, 3 V. & B. 155; and see Leslie v. Birnie, ubi supra. (x) Davis v. Jenkins, 3 V. & B. 154. [y] Doe v. Jones, 10 B. & Cr. 718 ; Doe v. M'Kaeg, 10 B. & Cr. 721 ; and seo Brown v. Dawson, 12 Ad. & Ell. 624. (z) See Doe v. Jones, 10 B. & Cr. 721. (a) Foley v. Wontner, 2 Jac. & Walk, 247, per Lord Eldon. (6) Attorney-General v. Pearson, 3 Mer. 402, 403, per Lord Eldon. (c) Eden v. Foster. 2 P. W. 327, resolved. 422 LEWIN ox THE LAW OF TRUSTS, ETC. house would uot enable tliem to convert tlie meeting-house, whenever they thought proper, into a meeting-house of a different description, and for teaching diflFerent doctrines from those of the persons who founded it, and by whom it was to be attended. (c/) The charity funds cannot be diverted into a different channel without the authority of an act of parliament ; and this may now be obtained through the intervention of the charity commissioners, who are em- powered to approve, provisionally, of a scheme varying from the original endowment and submit it to parliament. (e) Until the act referred to, trustees, before applying to the legislature, were in the habit of procur- ing the sanction of the Court of Chancery ; for if they took such a step upon the mere suggestion of their own minds, and failed in obtaining the contemplated act, they were not allowed the costs and expenses in- curred in the proceeding ;(/) but if the application to parliament was attended with success, the trustees were then allowed their costs, though the sanction of the lord chancellor had not been previously obtained ; for the court could not with propriety pronounce those measures t® be imprudent which the legislature itself had enacted as prudent. (t;') But the management of the trust may contravene the letter of the founder's will, and yet, on a favourable construction, be conformable to the real intention. P^.^^-, It was the opinion of Lord Eldon(7;) and Sir T. Plumer,(i') L'^^'^J *that if the wish of the founder were to establish a free er cent, consols ; and then, as that fund is considered by the court the most beneficial to the trust, he would hardly be justified in making a change not tending to ameliorate the estate. Should the trust authorize an investment upon real or government securities without any power of variation, and the trustee lend upon mortgage, of course he cannot prevent the mortgagor from paying oil the money, and therefore he may sign a discharge for it, and may then invest it upon another mortgage, or in the funds. (m) Where, however, the trustee was directed to invest upon security, but real security was not mentioned, and he lent upon a mortgage, the court did not think it so clear that the trustee could sign a receipt when the money was paid ofFas to compel a purchaser to take a title which depended on that question. (h) The power of signing a receipt in such cases de- (/) Balsh V. Plyham, 2 P. W. 453. {g) Underwood v. Hatton, 5 Beav. 36. (A) Naylor v. Arnit, 1 R. & M. 501 ; and see Bowes v. East Lond. Waterworks' Com., Jac. 324 ; Drohan v. Drohan, 1 B. & B. 185 ; Middleton v. Dodswell, 13 Ves. 268. ' (?) See Attorney-General v. Owen, 10 Ves. 560. {k) Evans v. Jackson, 8 Sim. 217. (Z) See Angell v. Dawson, 3 Y. & C. 316. (m) Wood V. Harman, 5 Mad. 368; Locke v. Lomas, 5 De G. & Sm. 326. (n) Hanson v. Beverley, Vend. & P. 848, 11th ed. THE POWERS OF TRUSTEES. 439 pends on the intention as collected from the instrument, and unless it contain authority to lend on a mortgage no power of signing a receipt when it is paid off is implied. The powers assigned in the proceeding pages to trustees must be taken subject to the qualification, that if a suit has been instituted for the exe- cution of the trust, (nid a decree *made, the powers of the trus- -^^.^ ... tees are thenceforth so far paralyzed that the authority of the L ~ J court must sanction every subsequent proceeding, (c) Thus the trustees cannot commence or defend any action or suit or inter- fere in any other legal proceeding without first consulting the court as to the propriety of so doing. (p) A trustee for sale cannot sell. (5') The committee of a lunatic cannot make repairs. (/•) An executor cannot pay debts, (s) nor deal with the assets for the purpose of investment.(/) A suit in which a bill merely has been filed is to be distinguished from one in which a decree has been made, for until a decree the plaintiff may dismiss his bill at any moment and should he do so, the progress of the trust may have been arrested for no purpose. (m) However, even in this case the trustees cannot be advised to act without first consulting the court, and if by acting independently of the court expenses be incurred which might have been avoided had the trustees applied to the court they may be made to bear them personally. Tv) SECTION n. THE SPECIAL POWERS OF TRUSTEES. Upon this branch of our subject we shall consider, First, The different kinds of powers ; Secondly, The construction of powers ; Thirdly, The effect of disclaimer, assignment of the estate, and survivorship among the trustees j and Fourthly, The control of the court over the exercise of powers. I. Of the different kinds of powers. In applying the doctrine of powers to the subject of trusts *it r^r.9P.-\ may be useful to regard powers as either legal or eqxdtable : the L " J former such as operate upon the legal estate, and so are matter of cogni- zance to courts of common law ; the latter, such as affect the equitable interest only, and so fall exclusively under the notice of courts of equity. Thus, if lands be limited to the use of A. for life, remainder to B. and his heirs, and a power operating under the statute of uses be given to C, the execution of the power works a conveyance of the legal estate : but if lands be limited to the use of A. and his heirs upon trust for B. for (0) Mitchelson t. Piper, 8 Sim. 64 ; Shewen v. Yanderhorst, 2 R. & M. 75 ; S. C. ailirmed, 1 R. & M. 347. {p) See Jones v. Powell, 4 Bear. 96. \q) Walker v. Smalwood, Amb. 67G ; Annesley v. Asburst, 3 P. W. 282. (r) Anon, case, 10 Ves. 104. (s) Mitcbelson v. Piper, 8 Sim. 64; and see Jackson v. Woollej-, 12 Sim. 13. {t) Widdowson v. Duck, 3 Mer. 494. (m) Cafe V. Bent, 3 flare, 249 ; Neeves v. Burrage, 14 Q. B. R. 504. {v) Attorney-General v. Clack, 1 Beav. 467 ; and see Cafe v. Bent, 3 Hare, 249. 440 LEWIN ON THE LAW OF TRUSTS, ETC. life, remainder upon trust for C. and his heirs, and a power not operating under the statute of uses be given either to the trustee or to the cestui que trust, the execution of such a power will have no effect at law, but will merely serve to transfer the beneficial interest in equity, and may therefore be designated by the name of an equitable power. An equitable, the same as a legal power, may be either annexed to the estate or be simply collateral; but whether it shall be taken as the one or the other will depend on the question, whether the donee of the power be possessed of the equitable, that is, of the heneficial interest, or not. Thus, where a testator devised to his sister and her heirs for ever, with a direction to settle the property on such of the descendants of the testa- tor's mother as his sister should think fit, and, the devisee having married, the question was raised whether the execution of the power by her, as she was under coverture at the time, was to be considered as valid. Lord Hardwicke said, "It is objected that z. feme covert cannot execute a power, and that there are no words in the will authorising her to do so ; but this is a power loithout an interest, and is improperly called a power, for, being a direction to a person who has the fee, it is rather a trust. "(?t') On the other hand, where the legal estate was devised to trustees upon trust for an infant feme covert for her sole and separate use during her life, and upon trust to permit her by deed or writing executed in the pre- sence of three or more witnesses, notwithstanding her coverture, to dis- pose of the estate as she should think fit, and the testator died leaving P^rpo-. the /erne covert his heir at law, and *she during the continuance L "^ -I of the coverture and infancy, exercised the power by will. Lord Hardwicke, upon the question whether the power had been duly executed, observed, " This is a power coupled witli an interest, which is always considered different from naked powers. It was admitted that if this execution was to operate on the estate of the infant, it might not be good : now this is clearly so, for she had the trust in equity for life, with the trust of the inheritance in her in the mean time, which would remain in herself, if undisposed of, and descend to her heir; so that this is directly a power over her own inheritance, which cannot be executed by an infant."(u:^) Again, powers, in the sense in which the term is commonly used, may be distributed into mere powers, and powers coupled with a trust.(y\ The former are powers in the proper sense of the word ; that is, not impera- tive, but purely discretionary ; powers which neither the trustee can be compelled to execute, nor, on failure of the trustee, can be executed vica- riously by the court. The latter, on the other hand, are not arbitrari/, but imp)erative, have all the nature and substance of a trust, and ought rather, as Lord Hardwicke observed, to be designated by the name of trusts. (2) '< It is perfectly clear," said Lord Eldon, " that where there is (w) Godolphin v. Godolphin, 1 Ves. 21. {x) Hearle v. Greenbank, 1 Ves. 298, see 306 ; and see Blithe's case, Freem. 91; Penne v. Peacock, For. 43. (y) See Gower v. Mainwaring, 2 Ves. 89; Cole v. Wade, IG Ves. 43; Hutchin- son V. Hutchinson, 13 Ir. Eq. Rep. 332. (z) Godolphin v. Godolphin, 1 Ves. 23. THE POWERS OF TRUSTEES, 441 a mere power, and that power is not executed, the court cannot execute it. It is equally clear, that wherever a trust is created, and the execu- tion of the trust fails by the death of the trustee or by accident, this court will execute the trust. But there are not only a mere trust and a mere power, but there is also known to this court a power tchich the part;!/ to lohom it ix (/iven is entrusted and required to executed; and, with regard to that species of power, the court considers it as partaking so much of the nature and qualities of a trust, that if the person who has the duty imposed upon him does not discharge it, the court will, to a certain extent, discharge the duty in his room and place. (a) Again, powers have been dealt with by the court as either of r*r97-i a strict or of a directory character : the former such as can only L ^ J arise under the exact circumstances prescribed by the settlement ; the latter, such as being merely monitory, may be taken with a degree of latitude. Thus, where an advowson was vested in trustees upon trust to elect and present a fit person loithin six months from the incumbent's decease, it was considered the clause was directory, and that the trustees might equally elect and present, although that period had elapsed. (Z/) So where six trustees were empowered u-'hen reduced to three to substi- tute others, and all died but one, it was held competent to the sole sur- vivor to fill up the number. (c) And where, in the case of twenty-five trustees, the direction was, that when reduced to fifteen the survivors should nominate, it was determined by the court that, although seven- teen remained, the survivors were at liberty to exercise their power, but that, when reduced to only fifteen, they were compcllahle to do so.(fZ) These were cases of charitable trusts, in which it seems a greater lati- tude of construction is allowed. But in another case, where the trusts were not charitable, estates were devised to trustees upon trust to sell " with all convenient speed, and -^'ithm five years," and it was held that these words were directory only, and that the trustees could sell and make a good title, although the five years had expired. (e) II. We proceed to consider the construction of powers. As the powers of trustees are regulated by the doctrines applicable to powers in general, we shall advert only to a few cases of most frequent occur- rence. If a power be given to "A. and B. and their heirs," it is perfectly clear that the words are not to be understood to this extent, that, as the limitation of an estate in such terms would so vest it in the grantees that they might convey it to a stranger, and the survivor devise it, the power is to be *construed as intended in like manner to be r*59g-| assignable and devisable. (/) ^ Upon the subject of such a power we have the following pointed (a) Brown v. Higgs, 8 Ves. 570. (b) Attorney-General v. Scott, 1 Ves. 413, see 415. (c) Attornej'-Gencral v. Flover, 2 Vern. 748 ; and see Attorney-General v. Bishop of Lichfield, 5 Ves. 825 ; Attorney-General v. Cuming, 2 Y. & C. Cli. Cn. 13» ; but see Foley v. Wontner, 2 Jac. & Walk. 245. {d) Doe V. Roe, 1 Anst. 86. (e) Pearce v. Gardner, 10 Hare, 287; and see Cuff v. Hall, 1 Jur. N. S. 973. (/) Cole V. Wade, 16 Ves. 46, per Sir W. Grant. 442 LEW IN ON THE LAW OF TRUSTS, ETC. remarks of Lord Chief Justice Wilmot : " It is asked/' he said, " what must become of the power upon the death of one of the trustees. It must be considered as a tenancy in common. Had the words been < their several and respective heirs/ it would have been clear ; and in common parlance, and according to the common apprehension of mankind, when an estate is given to two men and their heirs, no one not illumined with the legal nature of joint-tenancy could ever conceive the estate was to go to the heirs of the survivor. It is equivalent to saying, With consent of Loth loliile they live ; hut ivhen one dies, that consent shall devolve upon his heir; the heir of the dead trustee shall consent as toell as the surviving trustee. One may abuse the power ; I will supply the loss of one by his heir, and the loss of both by the heirs of both. {(j^ In Townsend v. Wilson(^j a power of sale was given to three trustees and their heirs ; and it was directed that the money to arise from the sale should be paid into the hands of the trustees, or the survivors or survivor of them, and the executors, administrator, or assigns of such survivor, and there was a power of appointment of new trustees, with a direction such appointment should take place as often as any one or more of the trustees should die, &c. One of the trustees died, and it was determined by the Court of Queen's Bench, that the survivors alone were incapable of exercising the power. Lord Eldon expressed himself dissatisfied with this decision, and asked, " Did the Court of Queen's Bench consider that the two surviving trustees and the heir of the deceased trustee were to act together ? for it was one thing to say that the survivors could not act until another ivas appointed ; and a diiferent thing to say, the heir of the deceased trustee ^ ^ ^ could act in the meantime. "(/) No reasons were given by the L " J *court for their judgment, and it is difficult to collect on what grounds it proceeded. (7^-) In Hewett v. Hewett,(Z) a testator devised his estate to four persons to uses in strict settlement, with a power to the tenants for life, when in actual possession, to cut such trees as the four devisees to uses, or the survivors or survivor of them (omitting the words " and the heirs of the survivor") should direct 5 and all the trustees being dead, the question was whether the power was gone. Lord Henley held, that upon the construc- tion of the will, the testator intended the power to be co-extensive with the life estates, and that the trustees were interposed, as supervisors only, to prevent destruction ; and that the ofiice of the trustees was not personal, but such as might be executed by the court. He, therefore, considered the power as subsisting, and referred it to the master to inquire what timber was fit to be cut. In this view of the case the court did not regard the authority to the trustees as a mere power, but as a trust. It still remains to be decided how powers, in the strict sense, limited " to trustees and their heirs" are to be construed. Though where a discretionary ler/cd power is expressly limited to " A. {g) Mansell v. Vtvughan, Wilm. 50, 51. {h) 1 B. & Aid. 608, 3 Mad. 261 ; and see Cooke v. Crawford, 13 Sim. 91. (j) Hall V. Dewes, Jac. 193 ; and see Jones v. Price, 11 Sim. 557. \lc) Sugd. Pow. 490, 6th ed. {I) 2 Edeu, 332, Amb. 508. THE POWERS or TRUSTEES. 443 and his assigns," the grantee or devisee of A., and even a claimant under him by operation of law as an heir or executor, may exercise the power ;(m) yet in a trust, if an estate be vested in a trustee upon trust that he, his heirs, executors, administrators or assigns shall sell, etc., the introduction of the word assigns will not authorise the trustee to assign the estate to a stranger,(?i) nor will the stranger be capable of exercising the power. (o) But in a mortgage, with a power of sale limited to the mortgagee, his heirs, executors, administrators and assigns, the intention is that the power should go along with and be annexed to the security : and, there- fore, if the mortgage be assigned to a stranger, and the legal estate be ' conveyed to the stranger or to a trustee for him, the stranger alone or with the ^concurrence of the trustee, can give a good legal and r*53Q-| equitable title -,{00) and even if a mortgage be made to A. and B. L -• to secure a joint advance, and the power of sale and signing receipts be limited to A. and B., their heirs and assigns, it has been held that as the power and the security were plainly meant to be coupled together, and the security enures to the benefit of the survivor, (the advance being a joint one,) the survivor may also sell.(25) If a, power indicating personal confidence be given to a " trustee and his executors," and the executor of the trustee die having appointed an executor, the latter executor, though by law the executor not only of his immediate testator but also of the trustee, will not, it has been thought. be so considered for the purposes of the power.(2) A matter of personal confidence is not extended beyond the express words and clear intention of the settlor; and in this case, the settlor may have meant the power to be exercised exclusively by the executors, whom the trustee should him- self name, and not by a person who is executor of the trustee by opera- tion of law only. A power limited to " executors" or " sons in law" may be exercised by the survivors so long as the plural number remains ;(?•) and if a power be limited to "trustees" we may reasonably conclude it may be exercised by the surviving trustees. And a power given to " executors" will, if annexed to the executorship, be continued to the single sur- vivor ;(s) and so a power given to "trustees" will, as annexed to the office, be exercisable by the survivor.(/) But, of course, not by one of the trustees in the lifetime of the other who has not efi'ectually dis- (m) How V. Whitfield, 1 Vent. 338, 339 ; 1 Freem. 4T6. (ft) The case of Hardwick v. Mynd, 1 Aust. 109, cannot in this respect be sup- ported. (0) See pp. 266, 267, supra. {00) Saloway v. Strawbridgc, 1 Kay & Johns. 371. (p) Hind V. Poole, 1 Kay & Johns. 383. (q) See Cole v. Wade, IG Ves. 44; Stile v. Tomson, Dyer, 210 a; Perk. sect. 552 ; and see 1 Sug Pow. 145, 6th Ed. (r) 1 Sug. Powers, 144, 6th Ed. (s) 1 Sug. Powers, 144, 6th Ed. Eouell v. Barnes, Cro. Car. 382 ; Brassey T. Chalmers, 4 De Gex, M. & G. 528, reversing the decision of the master of the rolls, 16 Beav. 231. [1) Lane v. Debcnham, 17 Jur. 1005. 444 LEWIN ON THE LAW OF TRUSTS, ETC. claimed. (tt) And if a power be communicated to " the trustees for the time being" of a will, it cannot be exercised by a single trustee. (z;) *A power to four trustees "and the survivors of them," can- L ' J not, it seems, be executed by the last survivor ;(i/;) for though a power to trustees may, in general, be held to survive, an intention to the contrary may here be fairly inferred : the settlor may be supposed to have said, " I repose a confidence in any two of the trustees jointly, but in neither of them individually." But if a power be limited to four trus- tees ''and the aurvivor of them/' it maybe argued, that on the death of one the power may still be exercised by the survivors ; for there can be no valid reason why a person who trusted the four jointly, and each of them individually, should refuse to repose a confidence in the survivors for the time being. (x) However, it is a question of intention upon the construction of the instrument, and a 'priori reasoning cannot be relied upon without a decision. In Trower v. Knightley(y) a testator devised an estate to trustees upon trust as to one moiety for A. for life, remainder to her children at twenty- one, and as to the other moiety for 13. for life, remainder to her children at twenty-one, and gave the trustees a power of sale " during the con- tinuance of the trust." A. died, and her children attained twenty-one, and the question was, whether the trustees could, under the power, sell the whole estate, the children of B. being infants. The vice-chancellor held, that if the children of A. could call for a present conveyance of their moiety it would have the effect of depriving B. and her children of the benefit of the power of sale, and also of the leasing power given to the trustees, for that an undivided moiety could not advaniageously be sold or leased, and that the testator must have meant to continue the powers of ownership to the trustees until there were owners competent to deal with the whole estate. But if a power be given to trustees to be exercised " during the con- tinuance of the trust," it cannot be exercised after the time when the j.^ron-1 trust oufjlit to have been completed, though, from *the delay of L -I the trustees, it happens that the trust has not in fact been exe- cuted. (;;) III. Of the effect of disclaimers assignment, and survivorship of the estate. First. If a power be given to co-trustees, and one of them disclaim, the power may be exercised by the continuing trustee or trustees. Jenkins observes, « If a testator devise that A. and B. shall sell, and near the end of the will he names them executors, if one refuses at (m) Lancashire v. Lancashire, 2 I'liill. 6C4. (v) Lancashire v. Lancashire, 2 PliilL 57G; 1 De 6. & Sm. 288. [w) ITiVjbard v. Larnbe, Amb. 309. Note, further directions were declared necessary on tlie death of cilhcr of the surviving executors. See Eaton v. Smith, 2 Beav. 23G. {%) See Crewe v. Dickcn, 4 Ves. 97 ; in which case it seems to have been as- sumed that the receipt of the survivors would have been a suflicient discharge. M Mad. 134. [z) Wood V. White, 2 Keen, 664. It was determined on appeal that the trusts in this case were still in being, 4 M. & Cr. 460. THE POWERS OF TRUSTEES. 445 common law,(o) or dies, the other may sell, for the potrer is anncjr^d to the ejcecutorship ;''{b) and in the instance of trustees, it may equally be arffued that although given to persons by uavie, the power is anuesed to the trusteeship. And of this opinion apparently was Lord Loughborough in the case of Crewe v. Pioken -Ac) for a power of signing receipt^: having been lim- ited to three trustees by name, and one of them being dead, his lordship remarked, <» If A. B. (one of the survivors.) had rtnounccd," (that is, had disclaimed instead of constructively accepting the trust by the exe- cution of a contci/anc(.\ "the whole estate would have been in the con- tinuins trustee exactly as if the two other trustees had died in the life of the testator;" and it is evident from the context that his lordship meant to extend the observation to the power of signing receipts. In Hawkins v. Kemp, ((f) a purchaser at first objected that the accept- ing trustees could not exercise the power, or not without the appoint- ment of a new trustee in the place of the trustee who had disclaimed, but the point was afterwards abandoned by the purchaser's counsel as untenable. *And Adams v. Tauutou((') is a direct decision by Sir J. Leach r*:^.-..^-i to the same effect. A testator had devised his estates to A. and L "^ ' "^ J B. upon trust to sell and apply the proceeds amongst his children, and declared that the receipts of the s;nd A. and B. should be sufficient dis- charges. A. renounced, and Sir J. Leach, after having taken time to consult the authorities, said. " It being now settled that a devise to A., B., and C, upon trust, is a good devise to such of the three as accept the trust, it follows by necessary construction that by the receipts of the trustees is to bo intended the receipt of those who accept the trust. '■(/■) If the power be not given to the trustees by name, but to the - trus- tees" or ''executors;" it is clear, a fortiori, that if one disclaim the acting trustees or executors may exercise the power. (7) Secondly. As to the eftect of assitjnment of the estate, it is certain that the power is not appendant to the estate, so as to follow along with it in every transfer by the party, or devolution by course of law. (A) But (a) That is, independeutly of 21 H. S, c. 4, which, upon a refusal by one exe- cutor, authorized a sale bv the co-executor. (6)Jenk. 44. " (r) 4 Yes. 07. ,^,^ (d) 3 East. 410. "I have always understood, said the late V. C. of England, ever since the point was decided in Hawkins v. Kemp, or rather was, as the judges said in that case, properly abandoned by the defendant's counsel as not capable of beinir contended for. that where two or more persons are appointed trustees, and all of them, except one, renounce, the trust may be executed by that one." Cooke v. Crawford. 13 Sim. 90. (c) 5 Mad. 435 ; and sec Bayly v. Cumming, 10 Ir. Eq. Re. 410 ; Cooke v. Craw- ford, 13 Sim. 96; Sands v, Ncgce, append. No. viii. S. C. 8 Sim. 130. (/) From his honour's words, •• the receipts of the trustees," it might be thought the power had been given, not to A. and B. by name, but to " the trustees :" the R. L. has been consulted, and it appears, as stated in the report, that the power was given to "the said A. and B." (g) Worthington v. Evans, 1 S. & S. 165;-Boyce v. Corbally, Rep. t. Plunket, 102; and see Clarke v. Parker. 19 Yes. 1. (h) Cole V. \Yado. IG Yes. 47, per Sir W. Grant; Crewe v. Dicken, 4 Ves. 97; March, 1858.-29 446 LEWIN ON THE LAW OF TRUSTS, ETC. where the estate is duly transferred to persons regularly appointed trus- tees under a power in the settlement creating the trust, the transferrees, of course, take the estate and the office together, and can exercise the powers. Where the settlement contains no such power, it seems that the appointment of new trustees by the court will not communicate spe- cial discretionary or arbitrary powers,(r) unless they be limited to the trustees for the time being,(A;) or be otherwise in fair construction an- nexed to the office. (^?) ^^ ^ *We have seen that if one trustee disclaim in the strict sense L '-"^ J of the word, the power will not be extinguished, but will sur- vive to the co-trustee ; but, according to the old doctrine, if a trustee, instead of disclaiming had released the estate, that was a virtual accept- ance of the trust, and then the conveyance of the retiring trustee did not pass the power into the hands of the continuing trustee ;(m) but at the present day it seems a release with the intention of disclaimer would have all the operation of a formal and actual disclaimer. (71) Though an assignment of the estate will not carry the power to the assignee, it does not follow that the power will remain in the assignor; for where it was the settlor's intention that the estate and power should be coupled together, the trustee, by severing the union through the alien- ation of the estate, ceases to be the person intended to execute the power. Thus, if an estate be limited to A. and his heirs upon a trust to be exe- cuted by A. and his heirs, and A., in his lifetime, conveys away the estate, or devises it by his will, A., the alienor or his heir, cannot now execute the power.(o) The heir, indeed, is no heir quateniis this estate; for it was not allowed to descend, but was devised away from the person who would have been heir. But compare the subsequent discussion, at page 567, upon the question how far a trustee becomes such before the transfer to him of the trust estate. Upon a similar principle, in Cole v. Wade,(j5) where the power was given to the trustees, and the heirs, executors, and administrators of the survivor, it was held, that on the death of the survivor the power was extinguished. The circumstances were these : A testator gave the residue of his real and personal estate to Piuddle and Wade (whom he appointed his executors,) their executors, administrators, and assigns, aud directed his said trustees and executors, after making certain pay- ments thereout, to convey and dispose of the said residue of his real and personal estate unto and amongst such of his relations and kindred in Re Burtt's Estate, 1 Drewry, 319 ; Wilson v. Bennett, 5 De Gex & Sm. 475. The case of Hardwick v. Mynd, 1 Anst. 109, is an anomaly. (i) Doyley v. Attorney-General, 2 Eq. Ca. Ab. 194 ; Fordyce v. Bridges, 2 Phill. 497 ; Newman v. Warner, 1 Sim. N. S. 457 ; and see Cole v. Wade, 16 Ves. 44, 47 ; Hibbard t. Lambe, Amb. 309. (k) Hartley v. Hartley, 3 Drew. 384 : Brassey v. Chalmers, 4 De Gex, M. & G. 528. {I) Byam v. Byam, 19 Beav. 66. (m) Doyley V. Attorney-General, 2 Eq. Ca. Ab. 194; Crewe v. Dicken, 4 Ves. 97. (n) Supra, p. 233. (0) Wilson V. Bennett, 5 De Gsx & Sm. 475 ; and see Re Burtt's Estate, 1 Drew. 319. (/>) 16 Ves. 27. THE POWERS OF TRUSTEES. 447 such proportions, manner, and form, as his said executors should think proper, his intention being that everything relating to that disposition should be entirely *in the discretion of (he said trustees and r*xQ;j-] executors, and the heirs, executors, and administrators of the "- -• survivor of them ; and the testator directed his said trustees and execu- tors and the survivor of them, and the heirs, executors, and administra- tors of the survivor of them to mortgage or sell the said residue, or such part thereof as they iu their discretion should think proper; the testator meaning to leave it in the discretion of his said trustees and executors to convey unto his relations the said residue in such manner and form as his said trustees should think proper ; and, lastly, he directed that the said Ruddle and Wade, or the survivor of them, or the heirs, executors, or administrators of such survivor, should make the division within fifteen years from the testator's decease. Wade, the survivor, devised and be({ueathed the real and personal estate of the testator to William and Edward Bray, their heirs, executors, administrators, and assigns, upon the trusts of the will, and named them his executors for that spe- cific purpose only, appointing his wife and another person executors as to his own estates. The question was agitated, whether William and Edward Bray could exercise the power of distribution among the rela- tions. Sir W. Grant said, 'i) the new trustee will be nominated by the donee of the power, the old uses of the settlement will be absolutely revoked (the proviso, it is said, imply- ing an authority for that purpose,) and the use will be appointed to A. and his heirs, and the estate and interest vested in the old trustee will be assured unto and to the use of A. and his heirs, by way of convey- ance. When this has been effected by one deed, and A. has become seised, or is supposed to have become seised, of the inheritance in fee- simple, he may then, by lease and release, which may be indorsed on the former release,(;i) reconvey the premises to the old and new trustee to the uses, trusts, &e., of the settlement, in the same manner as if the new trustee had been originally appointed. Thus, if the real intention was, r*'S7m ^^^^ *^° ^^^^ appointment of a new trustee a *seisin to serve the uses ■- J should be vested in the old and new trustee jointly, then a power of revocation was implied, and the direction has been complied with. If the settlor had no such intention, then there was no implied power of {i) See Appendix No. IV. [k) See Appendix No. VII. If the person to assign is not to be one of the trus- tees, as where the assignment is by an executor or administrator of a surviving trustee, of course only one deed is necessary. {I) See Append. No. VI. (m) See Appendix No. VII. [n) See Appendix No. VIII. now A TRUSTEE MAT OBTAIN HIS DISCHAIIGE. ^71 revocation, and tlie affected exercise of it is a nullity, and tlie conveyance hy the old trustee, and the reconveyance to the old and new trustee has served only to pass the actual and vested interest. It must of course be carefully ascertained by the trustee that the cir- cumstances under which he retires from the trust are precisely those which the settlor contemplated in the terms of the proviso; for if the case be not warranted by the power, the trustee who resigns will be made responsible for all the mischievous consequences, just as if he had dele- gated the oflBce. It is somewhat surprising, considering the frequency of this power, how few questions until lately arose upon its construction. In Sharp v. Sharp, (o) heard in the Court of Queen's Bench the terms in which the power was expressed were as follows : — " In case eitlier of the trustees the said A. and B. shall happen to die, or desire to be dis- charged from, or neglect, or refuse, or become incapable to act in, the trusts, it shall be lawful for the survivors or survivor of the trustees so acting in the trusts, or the executors or administrators of the last surviv- ing trustee, by any writing, &c., to nominate a new trustee." Neither of the trustees being willing to act in the trust, they executed a convey- ance to two other persons intended to be new trustees ; and the question was raised, whether the power of appointment had, under the circum- stances, been effectually exercised, and it was determined in the negative. Lord Tenterden said, "By the word 'survivor' I understand merely the trustee ' continuing to act / for it seems to have been throughout the intention of the testator, that, in case of the death or incapacity or refusal of some one of the trustees, the remaining trustee who had been named by him, and who had been the object of his confidence, should have the power of associating with himself some other person in the execution *of the trust : but it would be giving a much larger construction p-y;^-i to these words than they fairly import if we were to say, that the 1- ^ -• trustees, in the event of the whole class declining to act, might nominate such other persons as they might think fit to perform their duties." Mr. Justice Bayley observed, "The word ' either' is not uselessly intro- duced : it is in effect a proviso that if ciiher of the trustees named in the will should refuse to act, still that the testator should have the bene- fit of the judgment of the other, who would act in concurrence with such other individ'ual as he might nominate. The testator may have had good reason for confining the power to the care of one trustee, for he may have had special confidence in the trustees named by himself, and so long as either of those persons acted in the trust he might think his property safe. But if we were to read these words as if they were ' both or either,' the case would be different. If both the persons should decline to act, the testator might naturally object to their delegating their trust to other persons, and might then have thought it better that his property should be left to the care of a court of equity. And I apprehend that under the words of this power the testator meant by the word • actiug' to de- signate those who had taken upon themselves to perform some of the (o) 2 B. & A. 405 ; Pearce v. Pearce, 22 Breav. 248. 472 LEW IX ON THE LAW OF TRUSTS, ETC. trusts mentioned in the will, and that he did not contemplate one who in limine refused to act. And it seems to me, that a person who does so refuse cannot be considered as acting in any of the trusts. Then the word 'survivor' must mean the < continuing' trustee, as contradistin- guished both from those who might refuse to act and those who might be desirous to discontinue acting." In this case hotli the trustees disclaimed ', and it was decided that, under such circumstances, they had no power to appoint others. But supposing one trustee disclaims, may not the continuing trustee appoint another, or do the words of the power, "if any trustee shall refuse or decline" apply, not to the case of a disclaimer, but only to a refusal after having acted? Although the point decided in Sharp v. Sharp was as stated above, yet from the language of the judges it appears, that, had only one trustee disclaimed, the other might have exercised the P^. -. power; and such it is presumed is clearly the *rule when there L "^-1 is nothing to narrow the meaning of the words ''refusing or de- clining." There generally follows in the power a direction that the estate " vested in the trustee so refusing or declining" shall be trans- ferred to the new trustee ; and hence it has been argued, that as no estate vests in a disclaiming trustee, the power did not contemplate such a case. However, there seems to be but little weight in the argument ; for when it is said that the words " if any trustee shall refuse or decline" apply to disclaimer, it is not meant that they do not also apply to a sub- sequent refusal. At all events, therefore, the direction for the transfer of the estate is not nugatory, (p) It has sometimes been doubted whether the words "refusing" or "de- clining" do not refer exclusively to disclaimer, and have no application to the ease of a trustee refusing after having accepted the trust to act any longer in it. This proposition is also untenable, as it excludes the application of the power to the very case which was mainly contemp- lated. Q)p) In a late case a testator appointed three trustees with the usual power of appointment of new trustees, and two trustees having died in the tes- tator's lifetime, the late vice-chancellor of England adverting to the question whether the surviving trustee could appoint new trustees, ob- served that "it was very questionable at the least whether the survivor could appoint, for it seemed to be clear that the case which the testator contemplated was that of a vacancy in the trusteeship occasioned by death, refusing to act, &c., which was capable of being supplied by a continuing or acting trustee which was not the case that had hap- pened, ((^) and his honour in a subsequent case decided to that effect ;(?A but this was a narrow construction of the power, and it has since been ruled that a trustee who has survived the testator may appoint new trustees in the place of those who pre-deceased the testator, (x) (p) See In re Roche, 1 Conn. & Laws. 306 ; Walsh v. Gladstone, 14 Sim. 2 ; Mitchell V. Nixon, 1 Ir. Eq. Rep. 155 ; Crook v. Ingoldsby, 2 Ir. Eq. Rep. 375. (pp) See Re Armstrong's Settlement, 5 Weekly Rep. 448, and Re Woodgate's Settlement, ib., in reference to the question there adverted to. (?) W^alsh V. Gladstone, 14 Sim. 2. (r) Winter v. Rudge, 15 Sim. 596. (.?} Re Hadley, 5 De Gex & Sm. 67 ; and see Noble v. Mevmott, 14 Beav. 477. now A TRUSTEE MAY OBTAIN HIS DISCHARGE. 473 *In Morris v. Preston(<) tlie proviso was, that "in case of the p^.„„-. death of any or either of the two trustees during the lives of the L J husband and wife or the life of the survivor, the husband and wife or the survivor should, with the consent of the surviving co-trustee or co- trustees^ nominate and appoint a new trustee or trustees, and that upon such nomination or appointment the surviving co-trustee should convey and assign the trust estates in such manner as that the surviving trustee and trustees, and such person or persons so to be nominated and ap- pointed, should be jointly interested in the said trusts in the same man- ner as such surviving trustee and the person so dying would have been in case he were living." Both the trustees died, and the wife, who sur- vived her husband, executed an appointment of two new trustees in the place of the deceased trustees. A purchaser took the objection, that, as the proviso clearly contemplated the case of one trustee surviving, an appointment of new trustees after the decease of both the original trus- tees was not warranted by the power. The purchaser abandoned the objection at the hearing without argument — a circumstance much to be regretted, as a judgment from Lord Eldon would have thrown great light upon the subject. However, the case as it stands, has been said by the lord chancellor of Ireland to be of great authority, viz., in favour of the validity of the appointment. («) In another case, where two trustees had been appointed by the settle- ment, and the power was, that " if either of the trustees should die, or reside beyond seas, or become incapable or unjfit to act in the trusts, it should be lawful for the tenants for life, together with the surviving or co7itinuing or acting trustee for the time being, to nominate a new trus- tee, and that the trust estate should thereupon be vested in the newly ap- pointed trustee, jointly ivith the surviving or continuing trustee," upon the trusts of the settlement; and one trustee died and the other became bankrupt; on the suggestion by counsel that there was no surviving or continuing trustee, and therefore the power was gone, the lord chancel- lor of Ireland observed, ''That happens in many cases without the power beina: *aifected. The construction is not so straitlaced as all r-^-^,-, that.^'(^^) . ^''^^ It was ruled in the same case, that a trustee who became bankrupt was " unfit" within the words of the power. But if the power be worded " in case the trustee shall become incapable to act," without the addition of the words ''or unfit," a bankrupt trustee is not within the description, for by "incapable" is meant personal incapacity and not pecuniary em- barrassment, (w) If a power of appointing new trustees be given to a surviving trustee, and he goes abroad for permanent residence, he may be removed from the office as not in a situation to discharge the duties properly, but if not removed he may execute the power of appointing a new trustee, though, of course, he must do so in this as in every other case, with impartiality as regards the interests of the cestuis que trust.(xj (t) 1 Ves. 547. (u) lu re Roche, 1 Coiia. & Laws. 308. (y) In re Roche, 1 Conn. & Laws. 30G; 2 Drur. & War. 287. (w) Re Wutts's Settlement, 9 Hare, 106 ; Turner v. Maule, 15 Jur. VGl. (x) O'Reilly v. Alderson, 8 Hare, 101. 474 LEWIN ON THE LAW OF TRUSTS, ETC. The court held in one case that a trustee who went to reside perma- nently abroad, came within the description of a trustee ^^ incapable to act,' [y) but this seems scarcely in harmony with correct principle, resi- dence abroad being rather a question of unfitness than incapacity, and it cannot be reconciled with another decision. (2) If there be two trustees of a settlement, and both be anxious to retire from the trust at one and the same time, they would not be justified in putting the property under the control of a single trustee appointed in their joint places. («) And, vice versa, a single trustee should he wish to retire, cannot, unless expressly authorized by the power, appoint more than a single trustee in his place; for though, in the substitution of more trustees than one, he would be chargeable rather with too much than too little caution, yet, he ought not to clog the estate with any unnecessary machinery. The idea of the settlor may have been, that by increasing the number of the trustees the vigilance of each, individually, would be diminished. r*'7f^n ''A great number/' observed Lord ^Mansfield, in a case where L -I justices had appointed five overseers instead of four, " may not do business better than a smaller, and it would be attended with more expense. "(6) In a late case, a testator appointed two trustees, and directed " that if the trustees thereby appointed or to be appointed, as thereinafter men- tioned, should die, &c., it should be lawful for the surviving or continuing trustee or trustees for the time being, or the executors or administrators of the last surviving or continuing trustee, to appoint one or more per- son or persons to be a trustee or trustees in the room of the trustee or trustees so dying, &c., and thereupon the trust estates should be vested in the new trustee or trustees, jointly with the surviving or continuing trustee or trustees, or solely, as occasion should require." The surviving trustee appointed tioo trustees in the room of the deceased trustee, and the vice-chancellor expressed his opinion that such a case was immedi- ately contemplated by the proviso. (c) In another case, where the proviso was in the common form, and on the death of all three trustees, the donee of the power appointed four new trustees, the court held that such appointment could not be support- ed. One of the four trustees so appointed declined to act, but this circumstance did not vary the legal question. (tZ) Where however the court itself is appointing new trustees it does not at the present day, though doubts appear to have been formerly felt on the poiut,(c) consider itself bound to fill up only the precise number mentioned in the instrument of trust. It has appointed three trus- tees where the testator originally appointed two only,(/) two where the (y) Mennard v. Welford, 1 Sm. & Gif. 426. (z) Withington v. Withington, 16 Sim. 104. (a) Hulme v. Hulme, 2 M. & K. 682. (6) Rex v. Lexdale, 1 Burr. 448. (c) D'Almaine v. Anderson, V. C. Feb. 1, 1841, MS. {d) Ex parte Davis, 2 Y. & C. Ch. Ca. 468 ; S. C. 3 Mont. D. & De G. 304. (e) Devey v. Peace, Taml. 78. (/) Birch v. Cropper, 2 De Gex & Sm. 255. HOW A TRUSTEE MAY OBTAIN HIS DISCHARGE. 475 testator originally appointed one,(^) four where he originally appointed three. (/i) In another case, there were originally two trustees only, and the settlement declared that " in case the said A. B. and C. D. or any of them or any new trustee or trustees to be appointed under that provision, in their or either of their places should depart this life, &c., it should be lawful (in the event therein ^mentioned) for the acting trustee ^^.^^^-. or trustees for the time being, or the last acting trustee or the L J executors or administrators of the last acting trustee to nominate any person or jjersons to supply the place of the trustee or trustees respective- ly so dying, &c., and that immediately after such appointment the trust estate, &c., should be conveyed, assigned, and transferred, so and in such manner as the same might vest in such new trustee or trustees jointli/, with the surviving or continuing trustee or trustees, or solely as the case might require, and in his, her or their executors, administrators, or assigns, upon the trusts thereinbefore mentioned, and that every new trustee should have and might exercise the same powers and privileges whatsoever as if be had been appointed a trustee by those presents, and as if his name had been inserted in those presents instead of the name of the trustee or trustees, in or to whose place such new trustee or trustees respectively should come or succeed;" and a power of re- imbursement was given " to any one or more of the trustees," and also '' to allow to his and their co-trustee or co-trustees," the expenses which he or they might incur ; and the two trustees retired, and three trustees were appointed in their place, and Vice-Chancellor Knight Bruce observed, " Generally, it is true that there ought to be an adher- ence to the original number of trustees where new trustees are substituted. This is conformable to the presumed intention of the parties, where nothing to the contrary appears, though in the abstract it may be difficult to suggest much inconvenience from appointing three trustees to act in the place of two who are dead. If, however, the instrument is so worded as to authorize an appointment of three trustees to succeed two, of course such an intention appearing must have effect given to it," and his honor, considering that the instrument contained expressions which could not be interpreted consistently with the notion that two trustees only could be substituted, held the appointment to be valid, (i) In general the new trustees should be persons amenable to the juris- diction of the court, but where the personal property of a lady was settled on her marriage with a foreigner, whose ^domicile was in r^c-y-i America at the time of the marriage, the subsequent appointment L J of three Americans to be trustees was decided to be justifiable. (/.•) But though the parties who have a power of appointment may exercise it in this way, the court in substituting trustees by its own jurisdiction has refused to appoint new trustees who are out of the jurisdiction. (/) Should one of two trustees be desirous of retiring, of course he cannot do so without the substitution of another in his place,(m) and the power (ff) Plenty v. West, 16 Bear. 356. (/') lb. (i) Meiucrtzhagen v. Davis, 1 Coll. 335. {^) lb. (l) Guibert's Trust, 10 Jur. 852. (m) Adams v. Payuter, 1 Coll. 532. 476 LEW IN ON THE LAW OF TRUSTS, ETC. of appointmeut of new trustees would not authorize tlie appointment of the continuing trustee as sole administrator of the trust ;(«) for this would, in effect, amount to a relinquishment of the trust without the appointment of any successor.(o) A surviving trustee cannot be advised, (though it has been sometimes done,) to vest the trust estate in himself, and a new trustee appointed in the place of one of several deceased trustees, but should refuse to part with the property unless the original number of trustees be restored. Still less could the representative of the last surviving trustee be advised to vest the property in a single new trustee nominated in the place of one only of the deceased trustees. And where a settlement appoints three trustees for sale, with a power of appointment of new trustees in the usual form, and two die, and the survivor retires in favour of a single new trustee appointed in his place, it is conceived that as the original settlement constituted three trustees to execute the trust, the donee of the power ought not to have executed the power partially, but to have restored the original number, and in such a case a purchaser would object to the title on a sale by the new trustee. (p) The strongest ground for supporting the sale would be, thaL probably many titles depend on the validity of such an execution of the power, and in a similar case where forty-three years had elapsed since the exercise of the power, the ap- pointment was supported. (5') _g^ *If A. and B. be trustees, and A. dies, and then B. retires and L -I appoints C. a trustee in his oion place, and afterwards the donee of the power for the time being appoints C. and D. in the place of A. and B. the two new trustees are properly appointed and can sign receipts ; for cither the original appointment of C. was good, and the subsequent appointment of D. filled up the number, or the original appointment of C. was invalid, and then the appointment of both C. and D. by the donee of the power was effectual. (r) It sometimes happens where the power of appointment of new trustees is limited to the ^^ surviving or coji^mwiny trustee," that one trustee dies, and then the other wishing to retire proposes to appoint two new trustees at the same time in the place of himself and the deceased trus- tee. But the practice of the pi'ofession is understood to be not to consi- der such an appointment valid within the words of the power. The surviving trustee ought first to appoint a person in the room of the deceased trustee, and then the persons© substituted may, ?k&ih.e continuing trustee, appoint a new trustee in the place of the trustee desirous of retiring. So if there be two trustees, and a power of appointing new trustees be given to " the surviving or continuing trustees or trustee," they cannot both retire at the same time, but there must be two separate appointments. (s) (n) Wilkinson v. Parry, 4 Russ. 272. (0) Attoraey-General v. Pearson, 3 Mer. 412, per Lord Eldon. • [p) See Earl of Lonsdale v. Beckett, 4 De Gex & Sm. 73. {q) Re Pool Bathursl's Estate, 2 Sm. & Gif. 169; and see In re Fagg's Trust. 19 L. J. 175 ; Nicholson v. Smith, 3 Jur. N. S. 313. (r) Miller v. Priddon, 1 De Gex, Mac. & Gor. 335. [s] Stones v. Rowton, 17 Beav. 303 ; Nicholson v. Smith, 26 L. J. N. S. (Ch.) 312; 3 Jur. N. S. 313. nOV\- A TRUSTEE MAY OBTAIN HIS DISCHAllGE. 477 But where four trustees were appointed originally, and the power was to the surviving or continuing or otlicr trustee to appoint, it was held that the survivor of the four trustees who desired himself to be dis- charged, could, by force of the words " other trustee'^ appoint four new trustees in the place of himself and the three others. (<) Where persons are nominated as trustees in a will, and a power of appointing new trustees is given to the " acting" trustees, should all the trustees disclaim, the power of appointment is gone, and the hiatus in the trust can only be filled up by the court. It has, occasionally, been suggested that the trustees, instead of disclaiming, should accept the trust to the *extent of exercising the power only, and should, r^.^>rf^-\ by virtue of it, appoint new trustees ; but it is conceived that L J trustees who availed themselves of the office for the purpose only of introducing other parties into the trust would be rather '< refusing" than " acting" trustees, and the exercise of the power, under such circumstan- ces, would be fraudulent and nugatory, and might involve the outgoing trustees in serious liabilities. On a change of trustees it is not uncommonly proposed to appoint one of the cestuis que trust to that office, but such an arrangement is evi- dently irregular, as each cestui que trust has a right to insist that the administration of the property should be confided to the care of some third person whose interest would not tend to bias him from the line of his duty. Should a bill be filed for the removal of the cestui que trust, and the substitution of some indiff'erent person as trustee, the costs would probably be thrown upon the parties who had improperly filled up the trust.fw) But it is presumed that this rule affects the parties to the trust only, and that if a cestui que trust who has been appointed trustee sell real estate under a power of sale, he may sign a receipt, and that the purchaser is not bound to look to the proper exercise of the discretion in such a case. Cestuis que trust are not absolutely incapacitated from being trustees, as the court under special circumstances appoints a catui que trust a trustee. (v) The question is merely one of relative fitness. A fortiori, \hQ circumstance of near relationship to the cestui que trust creates no absolute disqualification for the office of trustee, though the present master of the rolls objects to appoint relatives to be trustees. (u-) Where estates of a diflerent description, or held under a difi'erent title, or limited upon difi'erent trusts, have been vested in the same trustees by the settlor, and there is a single power of appointment of new trustees in the usual form, it is conceived there is no authority for afterwards divid- ing the trust by the appointment of one set of new trustees to execute the trusts of *the one estate, and a distinct set of new trustees to r*cc.A-| execute the trusts of the other, (.r) L J The proviso is sometimes of such a directory character as to authorize the appointment of new trustees upon one event, without the intention of confining the exercise of the power to the occurrence of that event exclu- (() Lord Camoj's v. Rest, 19 Beav. 414. (m) See Passinghatu v. Sherborne, 9 Beav. 424. (i-) Ex parte Clutton, 1 7 Jur. 988. (w) Wilding v. Bolder, 21 Beav. 222. (x) See Cole v. Wade, 16 Ves. 27; In re Anderson, I Lloyd & Goold. 27. March, 1858.— 31 478 LEWIN OX THE LAW OF TRUSTS, ETC. sively. Thus, wtere six trustees were empowered, ichen reduced to three, to fill up the number, and all died but one, it was held competent to the sui-vivor to execute the appointment.(?/) So, where the original number of trustees was twenty-five, and they were directed, tchen rediiced to fifteen, to proceed to nominate others, it was determined that, when seventeen re- mained, the survivors viiglit elect, but when reduced to only fifteen they were compellahle to elect. (z) It should be observed that these were cases of charitable trusts, in which a degree of latitude is allowed. If a tenant for life has a power of appointing new trustees and sells his life interest, it seems the power is gone, for it is unreasonable that he should nominate a trustee to the prejudice of the person to whom he has aliened the beneficial interest. If he has only mortgaged his life interest he may not be able to appoint a trustee behind the back of the mortgagee, but there can be no objection to such an exercise of the power, if it be done with the consent of the mortgagee. Advantage cannot be taken of the power for the purposes of fraud ; and therefore if a trustee refuse, when solicited to commit a breach of duty himself, but declare his willingness to resign in favour of some other person less scrupulous, the court, acting upon the principle of qui facit per alium facit per se, would hold the trustee who retires responsible for the misbehaviour of the trustee he has substituted, (a) And upon principle it would seem that a bond of indemnity given to the retiring trustee would be a very doubtful security against the consequences of the act ; r*-oT-i foJ^ the bond itself if found *to have been infected with fraud ['^"■'■J could afl"ord no just ground of action.(Z>) However, in a recent case, it was held by the Court of Exchequer that the common law courts have no such cognisance of breaches of trust as to treat a bond of indem- nity against an act amounting in equity to a breach of trust as necessarily containing anything illegal. {c^ If a new trustee be irregularly appointed, the old trustees may exercise the powers given to them by the instrument of trust, notwithstanding the mere ineffectual attempt. ((Z) But if a trustee retire upon the appoint- ment of a new trustee, and from want of the proper formalities being observed the appointment be not legal, the old trustee cannot lie by for a long interval and then exercise a power by mere concurrence in a deed, without having bona fide exercised his own judgment and discretion. In Lancashire v. Lancashire(e) A. and B. were trustees of a will, and in 1831, A. professed to appoint C in the place of B., but the appointment was invalid. In 1842, a deed of settlement was prepared, by which, after reciting a doubt whether B. had been discharged, and that in order to [y) Attorney-General V. Floyer, 2 Vern. 748 ; and see Attorney-General v. Bishop of Lichfield, 5 Ves. 825 ; but see Foley v. Wontner, 2 Jac. & Walk. 245. (z) Doe V. Roe, 1 Anst. 86. (a) Norton v. Pritchard, Reg. Lib. B. 1844, T71: Sugden v. Crossland, 3 Sm. & Gif. 192, (6) See Shep. Touch. 132, 371. (c) Warwick v. Richardson, 10 Mees. & Wels. 284. (d) Warburton v. Sandys, 14 Sim. 622; Miller v. Priddon, 1 De Gex, Mac. & Gor. 335. (e) 2 PhiU. 657 ; 1 De G. k Sm. 288. HOW A TRUSTEE MAY OBTAIN HIS DISCHARGE. 479 obviate sucli doubt, B. had concurred in tlie propriety of the settlement; A., B., and C, in pursuance of a power contained in the will, conveyed the trust estate upon certain trusts within the purview of the power. B., who since 1831 had taken no part in the trust, at first refused to execute the deed, but afterwards complied upon an indemnity. Lord Cottenham held that the concurrence of B. in the deed was not, under the circumstances, an execution of the power, for B. had withdrawn from the trust in fact, and C had not been duly substituted ; and that the mere formal execution of a deed by B. with an indemnity, was not such an exercise of discretion as the will had contemplated. We may observe, that if B., on ascertaining that the substitution of C. was nugatory, had actively resumed his duties, and hona fide exercised the power, his lord- ship's decision would no doubt have been different. If the administration of the trust be in the hands of the *court, r^^-n^-. the donee of the power cannot exercise it without having first L "'-' obtained the court's approbation of the person proposed. (/) However, if the old trustees do appoint without the leave of the court, the act is not to be considered as altogether void in itself, but it puts the burden upon them of proving, and that by the strictest evidence, that what was done was perfectly right ; and also saddles them with the costs of that proof. If the act was not proper, of course the appointment cannot stand. ((7) On the appointment of a new trustee under a power, the costs fall properly on the corpus of the trust estate, for the benefit enures not onl}- to the tenant for life, but to all the cestuis que trust. This rule may be deduced from the practice of the court, for on the appointment of new trustees by the court, the costs are always thrown upon the estate. Where there is no available fund the costs are often paid by the tenant for life. III. The trustee may, as a general rule, although the contrary appears to have been at one time supposed, (/<) get himself discharged from the office by the substitution of a new trustee in his place on application to the court. A power of appointment of new trustees is very frequently omitted in settlements, and were there no means by which a trustee could ever denude himself of that character, it would operate as a great dis- couragement to mankind to undertake so arduous a task. Where no new trustee can be found willing to act, the trustee's right to be discharged must depend upon the circumstances of the case. " It is a mistake," observed Lord St. Leonards, " to suppose that a trustee who is entitled to be discharged is bound to show to the court that another person is ready to accept the office ] the court will at once refer it r:j:CQq-i to the *master to appoint a new trustee. But if no one can be L J (/) "Webb V. Earl of Shaftesbury, 7 Ves. 480; Attorney-General v. Clack, 1 Beav. 467; Peatfield v. Benn, 17 Beav. 522 ; Middleton v. Reay, 7 Hare, 106; Ken- nedy v. Turnley, 6 Jr. Eq. Rep. 399 ; Palmer's Settlement, cor. Vice-Chancellor Kin'dersley, April 18, 1857, costs of appointing new trustees ordered to be paid out of the corpus. (g) Attorney-General v. Clack, 1 Beav. 473, per Lord Langdale ; and see Cafe v. Bent, 3 Hare, 249. {h) Hamilton v. Fry, 2 Moll. 458. 480 LEWIN ON THE LAW OF TRUSTS, ETC, found who will accept the trust, the court may find itself obliged to keep the old trustee before the court, but will take care to protect him in the meantime."^ This was said in a case where the trustee, from the con- duct of the cestui que trust, could claim to be discharged, but if a trustee wish to retire from mere caprice, it is not clear that the court can or will discharge him, unless another trustee can be found in his place. (/c) It is certain that the court cannot divest him of the estate before some one can be found to take it, and even as to the office it is not unreasonable, that if a man once engages to undertake it, he shall not afterwards retire from it without any reason, and so leave the estate without a trustee. But every trustee may, of course, escape from the liabilities of the office by submitting the administration of the trusts to the jurisdiction of the court. (Z) The application to the court to be discharged from the trust should in general be made by bill or claim, in order to give the court an opportu- nity of examining into the merits of the case •,[m) but if a suit be already pending, the trustee may then solicit his dismissal by petition or motion. (/A It was formerly not the custom of the court to look through the proceedings, but a reference was ordered to the master. (o) Under the present practice the court, except in cases of special difficulty, usu- ally appoints a trustee without a reference to chambers. The costs where the trustee retires from caprice or without sufficient reason must be borne by himself ;(p) but where he retires from neces- sity, or on good and sufficient ground, they will be thrown upon the trust estate, (g-) *«If," said Lord Langdale, "a trustee undertakes the per- L "^^ J formance of a trust, he is not entitled, as against the estate he has undertaken to protect, to exercise a mere caprice, and without any assignable reason say that he will no longer continue a trustee. On the other hand, if the trustee finds the trust-estate involved in intricate and complicated questions, which were not and could not have been in con- templation at the time when the trust was undertaken, he has, in conse- quence of that change of circumstances, a right to come to the court to be relieved; and the court will judge whether the circumstances were such as to make it fair for him to decline acting longer upon his own responsibility ;"(/•) and to the same eff"ect, the present master of the rolls observed, "It is quite clear that any circumstances arising in the adminis- tration of the trust, which have altered the nature of his duties, justify (i) Courtenay v. Courtenay, 3 Jones & Lat. 533, per Lord St. Leonards; and see Forshaw v. Higginson, 20 Beav. 487. (k) Ardill v. Savage, 1 Ir. Eq. Rep. T9. (Z) See Forshaw v. Higginson, 20 Beav. 485. {m) See Ex parte Anderson, 5 Ves.243 ; In re Fitzgerald, Lloyd & Goold. 22 ; In re Anderson, Id. 29. (n) V. Osborne, 6 Yes. 455 ; v. Robarts, 1 J. & W. 251. (o) v. Osborne, ubi supra. (p) Howard v. Rhodes, 1 Keen. 581 ; Porter v. Watts, 16 Jur. 157 ; Hamilton V. Fry, 2 Moll. 458. {q) Greenwood v. "Wakeford, 1 Beav. 581 ; Forshaw v. Higginson, 20 Beav. 486; Courtenay v. Courtenay, 3 Jones & Lat. 529; Gardiner v. Downes, 22 Beav. 395. (r) Greenwood v. Wakeford, 1 Beav. 581. OF THE ESTATE OF THE CESTUI QUE TRUST. 481 a trustee in leaving it, and entitle him to receive his costs ; but the cir- cumstances must be such as arise out of the administration of the trust, and not those relating to himself individuallj."(s) A distinction was taken by Lord Langdale between the case where the same person who accepted the trust comes to be relieved from it, in whom it would be caprice to relinquish the trust without any sufficient reason, and the case where, on that person's death, the trust devolves on his representative by operation of law, and that representative applies to the court. (<) In a case, where the settlement contained a power of appointment of new trustees, and the tenant for life having incumbered his life-estate with annuities and other charges, the original trustees were desirous of relieving themselves from the difficulties of their situation by retiring from the trust, and the tenant for life who was the donee of the power could not find any person to undertake the trust, the costs of the suit which the trustees had instituted for their discharge were thrown exclu- sively upon the fund of the tenant for life.{yj *CHAPTEK XXII. [*585] IN WHAT THE ESTATE OF THE CESTUI QUE TRUST PRIMARILY CONSISTS. Having concluded the subject of the estate and office of the trustee, it follows next that we investigate the nature and properties of the estate of the cestui que trust; and in the present chapter we shall inquire in what the estate of the cestui que trust primarily consists, 1. In the simple trust; and 2. In the special trust. SECTION I. OF THE CESTUI'S QUE TRUST ESTATE IN THE SIMPLE TRUST. In the simple trust the equitable ownership is compounded of the pernancy of the profits and the disposition of the estate — t\\QJus hahendi andjMs disponendi.{v^ 1. The equitable owner is entitled to the pernancy of the profits. Thus in a trust of lands the cestui que trust may compel the trustee to put him in possession of the estate ;(w) and if the cestui que trust be ejected from the possession by the trustee, the cestid que trust may (s) Forshaw v. Higginson, 20 Beav. 486. (t) 1 Beav. 582 ; and see Aldridge v. Westbrooke, 4 Beav. 212. {u) Coventry v. Coventry, 1 Keen, "758. (v) Smith V. Wheeler, 1 Mod. 17, per Pemberton J. («•) Brown v. How, Barn. 354; Attorney-General v. Lord Gore, Id. 150, per Lord Hardwicke. 482 LEWIN ON THE LAAV OF TKUSTS, ETC. compel the trustee to account not only for the rents actually received, but for the amount reserved, and which but for accidental deficiencies ought to have been paid.(x) At the same time it must be borne in mind that the possession of the cestui que trust is regarded at law as the r*f;ftn *possession of the trustee, to whom he is tenant at will, and in L -I whom the legal "seisin still continues. (?/) But the tenancy of the cestui que trust is not determined until the trustee has demanded posses- ston.{z\ The rule which gives the cestui que trust the possession is only appli- cable to the simple trust in the strict sense, for where the cestui que trust is not exclusively interested, but other parties have also a claim, it rests in the discretion of the court whether the actual possession shall remain with the cestui que trust or the trustee, and if possession be given to the cestui que trust, whether he shall not hold it under certain con- ditions and restrictions. Thus, in Blake v. Bunbury,(rt) a testator devised all his real estate to trustees in fee, upon trust to convey the same for a term of 500 years (the trusts of which were to raise certain annuities and sums in gross,) and subject thereto to the use of A. for life with remainders over. A. filed a bill, praying to be let into possession. At the hearing of the cause a general account was directed of the testator's estates and of the charges upon them, and the plaintiff further desired that he might be let into immediate possession ; but Lord Thurlow said, " It is impossible for me to let him into possession till I have the accounts before me, and even till the trusts are executed, unless, as. he now offers, he pays into court a sum sufficient to answer all the purposes of the trust. The court, perhaps, has let tenant for life into possession, where it has seen that the best way of performing the trusts would be by letting him into possession, as where an annuity of 100/. a year is charged upon an estate of 5000/. a year; but till the account is taken I do not know but the purposes of the trust may take up the whole and if I was to do it now, perhaps I should only have to resume the estate." The accounts were afterwards taken^ and the plaintiff was let into possession on giving security to the amount of 10,000/. to abide the order of the court as to the annuities and other incumbrances. (6) p:}:-Q~-] *In the case of Tidd v. Lister(c) a testator devised and L -I bequeathed all his real and personal estate to trustees upon trust to pay his funeral expenses and debts, to keep the buildings upon the estate insured against fire, to satisfy the premiums upon two policies of insurance on the lives of his two sons, to allow his said sons an annuity of sixty guineas each, and subject thereto upon trust for his daughter for life, with remainders over ; and the personal estate having sufficed to discharge the funeral expenses, debts, and annuities, the daughter, who was then a, feme covert, filed a bill praying to be let into possession upon (z) Kaye v. Powel, 1 Yes. Jun. 408. (y) Parker v. Carter, 4 Hare, 400 ; Garrard v. Tuck, 8 Com. Bench Re. 231 ; Melling v. Leak, 1 Jur. N. S. 759. (2) Doev. Phillips, 10 Q. B. Rep. 130. («) 1 Ves. jun. 194. See the case more fully stated, lb. 514, 4 B. C. C. 21. (6) S. C. 4 B. C. C. 28. (c) 5 Mad. 429. OF THE ESTATE OF THE CESTUI QUE TRUST. 483 securing the amount of the premiums of the policies : but Sir J. Leach said, " It is perfectly plain from the continuing nature of this trust, that the testator intended the actual possession of the trust property should remain with the trustees; and it did appear to me a singular proposition, that if a testator, who gives in the first instance a beneficial interest for life only, thinks fit to place the direction of the property in other hands, which is an obvious means of securing the provident management of that property for the advantage of those who are to take in succession, it should be a principle in a court of equity to disappoint that intention, and to deliver over the estate to the cestui que trust for life, unprotected against that bias which he must naturally have to prefer his own interest to the fair right of those who are to take in remainder. Independently of the purpose of management of the property, a testator may be con- sidered in the case of a female cestui que trust for life as having a fur- ther view to her personal protection in the case of her marriage. There may be cases in which it may be plain from the expressions in the icill, that the testator did not intend the property should remain under the personal management of the trustees. There may be cases in which it may be plain from the nature of the projjerty, that the testator could not mean to exclude the cestui que trtcst for life from the personal possession of the property, as in the case of a family residence. There may be very special cases in which this court would deliver the possession of the pro- perty to the cestui que trust for life although the testator's ^inten- ^^-^^^^ tion appeared to he that it should remain with the trustees ; as, L 1 where the personal occupation of the trust property was beneficial to the cestui que trust, there the court, by taking means to secure the due protec- tion of the property for the benefit of those in remainder, would in sub- stance be performing the trust according to the intention of the testator." And his honor refused the application. In Jenkins v. Milford(fA A. granted certain annuities to B. with powers of distress and entry, and demised an estate for 200 years to C. upon trust, to permit A. to receive the rents until the annuities should be in arrear forty days, and, when in arrear for that period, out of the rents, issues, and profits, or by demising, assigning, or otherwise dis- posing of the term, or by bringing actions against the tenants, or by such other means as should seem meet, to raise the arrears of the annui- ties, and to pay the surplus, if any, to the grantor. The annuities fell in arrear, and the trustee gave notice to the tenants to pay the rents to himself, and appointed a receiver, to whom the rents were afterwards paid. A. discharged the arrears of the annuities, and then applied to the trustee to deliver up the possession, which was refused. The point was submitted to the judgment of the court, and Lord Eldon said, " If you look to the powers of distress and entry, you will not find in either of them that any thing is said respecting the grantor's being permitted to receive the rents, or what is to be done with the surplus. The first trust of the term is to permit the grantor to receive the rents, but that is difi"erent from a trust allowing him to continue in possession. Under this {d) 1 J. & W. C29. 484 LEWIN ON THE LAW OF TKUSTS, ETC. deed, though the trustee has the legal estate, he has no right to the use of it, until default has been made in payment of the annuities for forty days ; but then he becomes a trustee both for the grantor and the gran- tee — for the latter to raise the arrears, and, to do that, he is entitled to take the rents. If he takes more rents than are sufficient to satisfy the arrears, he is bound to pay the surplus to the grantor ; if he receives enough for that purpose, he is bound to permit and suffer the grantor of the annuities to receive the remainder ; and it is a very different thing r*^QQT ^^^ *the grantor to have that species of possession, and one which L J cannot be disturbed 'without another ejectment being brought. In this ease, therefore, I must either appoint a receiver, or compel the trustee so to authorize the grantor to receive the rents and profits, that he shall have the full benefit of them, short of obliging the trustee to bring an ejectment to remove him. An undertaking on the part of the grantor to deliver up possession when the annuities are in arrear for forty days is not sufficient, for the court may not be able to carry that into execution ; as, for instance, in the case of the grantor's going out of the jurisdiction. If the grantor is made to receive the rents m the name of the trustee, it will not signify what becomes of the grantor, as the trustee may in that case receive them as well as he." And on a subsequent day his lordship observed, " The grantor must receive the rents so as to preserve the possession of the trustee under the term. The rents must be received by him as the agent of the trustee, and the receipts must be given in his name." And the order was that the trus- tee should permit the grantor to receive the rents until the further order of the court ; but such rents were to be received by the grantor in the name of the trustee, and the receipts for the same were to be given accordingly ; and the grantor was to be at liberty to use the name of the trustee in making and supporting distresses for rent, the grantor indem- nifying the trustee from all costs and damages. In Baylies v. Baylies(i"] the testator devised his freehold, copyhold, and leasehold estates to two trustees, upon trust, to let and set the same, and receive the rents, issues, and profits thereof, and thereout to pay the expenses of renewals and repairs, and other outgoings ; and subject thereto, to pay the rents, issues, and profits to the testator's widow, for her life, for her sole and separate use, without power of anticipation. The trustees had improperly made an agreement for a lease, and the widow filed a bill to have the lease set aside, and that the plaintiff might be admitted tenant upon giving security for repairs and renewals, &c., r*590"l ^^^ ^^^ ^ receiver. The lease *was set aside, and the court con- L J sidered that the plaintiff, upon giving security for the due per- formance of the objects of the will, ought not to be disturbed in the pos- session, and for that purpose it was referred to the master to appoint a receiver without salary, and if the master should approve of a person proposed by the plaintiff, such person was to be appointed in preference, and possession delivered to him, and the plaintiff was to give security for the payment of the costs of renewals, repairs, and other outgoings, (e) 1 Coll. 537; and see Denton v. Denton. 7 Beav. 388 ; Pugh v. Vaiighan, 12 Beav. 517. ^ " ' OF THE ESTATE OF TUE CESTUI QUE TRUST. 485 until her death, or further order; and the receiver was to give the plain- tiff the option of being tenant, reserving to the receiver a power of inspecting the estate and condition of the property. In another case, a feme covert was entitled to her separate use for her life, and it was not thought incompatible with the nature of such an estate that she should be put in possession, though the claim was opposed by the trustees. (/) The cestui' s que trust right to the possession is recognised, we must remember, in a court of equity only ; for in a court of law the cestui que trust is merely tenant at will.(^) The doctrines advanced by Lord Mansfield in the last century have been long since overruled. It was maintained in his day, that a cestui que trust, a plaintiff in ejectment, could not be nonsuited by a term outstanding in his trustee ;(/(") and that a trustee, a plaintiff in ejectment, could not recover against his own ces- tui que trust. (i\ It was even decided, that, where a term had been created for securing an annuity, and subject thereto upon trust to attend the inheritance, the tenant of the freehold was entitled to recover the possession (provided he claimed subject to the charge,) notwithstanding the legal term was outstanding in a trustee upon trusts that were still unsatisfied. (^•) Such at least were the doctrines in cases oi clear trusts: for where the equity was at all doubtful, the rights *of the par- |-^.„-^ ties were even then referred to the proper tribunal. (?) L J " Lord Mansfield," as was observed on one occasion by Lord Redes- dale, "had on his mind prejudices derived from his familiarity with the Scotch law, where law and equity are administered in the same courts, and where the distinction between them which subsists with us is not known, and there are many things in his decisions which show that his mind had received a tinge on that subject not quite consistent with the constitution of England and Ireland in the administration of justice. "(m) The law has accordingly since retired into its regular channel, and at the present day we may regard it as established : — First, that a cestui que trust cannot recover in ejectment,(«) unless a surrender to him of the legal estate can be reasonably presumed,((>) (which of course cannot be where the circumstance of the outstanding legal estate appears on the (/) Horner v. Wheelwright, 2 Jur. N. S. 367. Iff) Garrard v. Tuck, 8 Com. B. Re. 231 ; Melling v. Leak, 1 Jur. N. S. 759 ; and see Geary v. Bearcroft, 0. Bridge. 48G-490 ; Bac. Us. 5 ; Doe v. Jones, 10 B. & Cr. 718 ; Doe v. M'Kaeg, 10 B. & Cr. 721. (h) Lade v. Halford, B. N. P. 110. The doctrine is said to have originated with Mr. Justice Gundy. (i) Armstrong V. Peirse, 3 Burr. 1901. (/c) Bristow v. Pegge, 1 T. R. 758, note (a) ; overruled by Doe v. Staple, 2 T. R. 684. (I) Doe V. Pott, Doug. 695, per Lord Mansfield; Goodright v. Wells, Id. 747, jper eundem. (to) Shannon v. Bradstreet, 1 Sch. & Lef. 6Q. [n) Doe V. Staple, ubi supra; see Barnes v. Crow, 4 B. C. C. 10 & 11 ; Doc v. Sybourn, 7 T. R. 3 ; Goodtitle v. Jones, 7 T. R. 45, and folloAving pages ; Doe v. Wroot, 5 East, 138. (o) Doe V. Sybourn, 7 T. R. 2 ; see Doe v. Staple, 2 T. R. GOG, Goodtitle v. Jones, 7 T. R. 45, and following pages: Roe v. Reade, 8 T. R. 122. 486 LEWIN ON THE LAW OF TRUSTS, ETC, declaration or special case,)(^j) and the cestui que trust has no alternative but to bring his action in the name of the trustee, who must be indem- nified against the costs :{q) Secondly, that the trustee, as the tenant of the legal estate, may recover in ejectment from his own cestui que trust ;{r) and the cestui que trust has no defence to the action at law, but must have recourse to an injunction in equity. (s) The title deeds of an estate form no part of the usufructuary enjoy- ment ; and therefore if an estate be vested in trustees upon strict settle- ment, and the deeds be delivered into their ^possession, thei/ L ^^'"J have a right to the custody of them for the benefit of all parties interested. (<) Should the tenant for life obtain them from the trustees, and thereby be enabled to deal with the estate as absolute owner, the trustees, if it appeared they had acted fraudulently, or under such gross negligence as amounted to constructive fraud, would be held personally responsible for the consequences. (m) In case the title deeds had come originally into the hands of the equitable tenant for life, it is conceived tha't the trustees, as the owners of the legal freehold, could recover them in an action of trover, and it is at least doubtful whether the tenant for life, if there were no special circumstances, could obtain an injunction to restrain it.(v) Upon the principle that the cestui que trust is foro conscientice entitled to the pernancy of the profits, he has been invested by the express lan- guage of some statutes, and by the equitable construction of others, with the various privileges conferred by the legislature upon the legal tenants of real estate. By the 6th Geo. 3, c. 50, s. 1, " Every man between the age of 21 and 60, residing in any county in England, who shall have in his own name or in trust for lihn within the same county 10/. by the year, above reprises, in real estate," &c., &c., is qualified to serve as a juror. The election of a coroner is a right vested in the freeholders of the county; and upon principle the privilege of voting must, it is conceived, have belonged originally to the legal freeholder. However, by the 58th Geo. 3, c. 95, s. 2, it was enacted that no person should be allowed to have any vote for or by reason of any trust estate or mortgage unless such trustee or mortgagee should be in actual possession or receipt of the rents and profits, but that the ccst^li que trust or mortgagor in posses- sion should vote for the same estate. It is somewhat singular that upon r*;;qy-i ^^^ re^Q2i\ of the 58 Geo. 3, c. 95, *bythe late Coroners Act,(2r) L "^"^"^J the provision referred to was not re-enacted, and although it is {p) Goodtitle v. Jones, '7 T. R. 43 ; see Doe v. Staple, 2 T. R. 696; Roe v.Reade, 8 T. R. 122. {q) Aunesley V. Simeon, 4 Mad. 390; and see Reade v. Sparkes, 1 Moll. 11; Jeukins v. Milford, 1 J. & W. 635 ; Ex parte Little, 3 Moll. 67. (/•) See Roe v. Reade. 8 T. R. 122, 123. (s) Shine v. Gough, 1 B. & B. 445. {t) See Duncombe v. Mayer, 8 Ves. 320. [ii) See Evans v. Bicknell, 6 Ves. 174, {v) See Denton v. Denton, 7 Beav. 388. Where the estates are legal, the person in possession of the deeds, whether tenant for life or remainderman, may hold them. The rule is, who first takes, he keeps. Foster v. Crabb, 12 Com. Ben. Re. 136. (w) 7 & 8 Vict. c. 92. Reference to this statute at p. 269, supra, has inadver- tently been omitted. OF THE ESTATE OF THE CESTUI QUE TRUST. 487 laid clown in a text book of high legal authority(a;) that tliere can he no doubt that at the common laio an equitable estate of freeliold confers the ■right of voting, the position thus asserted is not only opposed to princi- ple but to the express views of Lord Chancellor Northington,(?/) and in the absence of any more recent statutory enactment the right of voting is, it is conceived, now vested in the trustee. By the Game Act, 22 & 23 Car. 2, c. 25, s. 8, persons were disquali- fied from sporting unless they had lands and tenements, &c., &c., of the clear value of 100?. per annum; and it was decided that a cestui que trust of lands to that amount was within the intention of the act. Lord Mansfield observing, that " the privilege was given to property, and the cestui que trust was substantiaUy the owner, and the trustee only nonii- nalJy."(z) By the provisions of the late Game Act no qualification is now necessary, (o) By the 6th Vict. c. 18, s. 74, " no trustee of lands or tenements shall in any case have a right to vote in any such election {i. e., for a member of parliament,) for or by reason of any trust estate therein, but the cestui que trust in actual possession, or in the receipt of the rents and profits thereof, though he may receive the same through the hands of the trus- tee, shall and may vote for the same notwithstanding such trust."(i) Hitherto we have spoken of the cestid's que trust right to the profits and privileges proceeding from lands. In trusts of chattels personal, as where heirlooms are vested in a trustee upon trust for the persons suc- cessively entitled under the limitations of a strict settlement, the cestui que trust for the time being is equally entitled to the use and possession of the goods during the continuance of his interest; and upon the ground of this right the goods are not forfeited on the bankruptcy *or pKo^n insolvency of the tenant for life, though left in the possession of L J the bankrupt or insolvent by permission of the legal owner, for they are left with him according to the title. (^c'j Where the chattels are mere Jwusehold goods, it seems the cestui que trust may use them in his own or in any other person's house, and either alone or promiscuously with other goods, or may let them out to hire ;(<:?) but, where the chattels are heirlooms annexed to a, house, and their con- tinuance in the mansion is evidently a constituent part of the trust, they cannot be let to hire but together with the house itself (e) Of course the use of the chattels by the tenant for life does not enable him to pawn them beyond the extent of his own interest. (/) Where the trust fund consists of stock, the cestui que trust is usually put in possession of the dividends by a power of attorney from the trustee to the ccstui's que trust bankers, with a written authority from the trustee to the bankers to credit the cestui que trust with the dividends as and when received, by which arrangement the trustee is spared the trouble of repeated personal attendances at the Bank of England, and the entries (z) Jervis on Coroners, by "Welsby, 2nd Ed. p. 24. (y) Burgess v. Wheate, 1 Ed. 251. (z) Wethercll v. Hall, Cald. 230. (a) 1 & 2 W. 4, c. 32. (b) See the statutory changes on this subject traced, pp. 270, 271, supra. (c) See supra, p. 277. {d) Marshall v. Blew, 2 Atk. 217. (e) Cadogan v. Kennet, Cowp. 432. (/) Hoare v. Parker, 2 T. R. 376. 488 LEWIN ON THE LAW OF TRUSTS, ETC. in the books of the private bankers are sufficient evidence of the receipt. In cases where the cestui que trust is tenant for life, this course seems free from objection; but where his interest is one which may determine in his life-time some risk is incurred of the power of attorney and autho- rity being acted upon by the bankers after the determination of the cestui' s que trust estate; and it is conceived that the trustee would be liable to the other cestuis que trust for any misappropriation thus taking place, though after his own death. Of course the trustee will be careful to see that the power of attorney extends only to the receipt of the divi- dends, and not to the sale of the stock itself; otherwise, if the bankers sell out the stock and the proceeds be misapplied, the trustee will of course be answerable. (^) |-^p.qr-i *2. The cestui que trust has jus disponencli, that is, may call ■- -I upon the trustees to execute conveyances of the estate as the cestui que trust directs. (A) If the trustee refuse to comply, and the cestui que trust file a bill to compel him, the trustee will be visited with the costs, (<) unless there was some reasonable ground for his refusal,(A-) or he acted bo7ia fide under the advice of counsel,(A and the trustee will have to pay the costs, though the cestui que trust, instead of filing a hill, might have enforced a conveyance by the summary process of a pcti- tion.{in'^ But a trustee has a right to be satisfied by the fullest evidence that the party requiring the conveyance is the exclusive cestui que trust.(ii'^ Of course a cestui que trust cannot call for the conveyance of a larger legal estate than he has equitable : thus a tenant in tail of the trust cannot call for a conveyance of the legal fee simple. (o) And Lord Eldon was of opinion that a cestui que trust could not require the trustee to divest himself from time to time of different parcels of the trust estate ; for the trustee had a right to say, " If you mean to divest me of my trust, divest me of it altogether, and then make your conveyances as you think proper."(p) And a trustee, like a mortgagee, cannot be called upon to convey the estate by any other words or description than that by which the conveyance was made to himself.^j) r*5f)n ^■^'^ ^ conveyance by trustees the word "grant" used' fre- L -1 quently to be omitted, as supposed, though erroneously,(r) to (g) See Sadler v. Lee, 6 Beav. 324. (A) Payne v. Barker, Sir 0. Bridgm. Rep. 24. (i) Jones v. Lewis, 1 Cox, 199; Willis v. Hiscox, 4 M. & Cr. 197; Tbornby v. Yeats, 1 Y. & C. Cb. Ca. 438 ; Penfold v. Boucber, 4 Hare, 271 ; and see Campbell V. Home, 1 Y. & C. Cb. Ca. GG4. (k) Goodson v. Ellisson, 3 Russ. 583 ; Poole v. Pass, 1 Beav. 600. (l) Angier V. Stannard, 3 M. & K. 56G ; and see Devey v. Tboruton, 9' Hare, 232 ; Field V. Donougbmore, 1 Dru. & War. 234. (to) Watts V. Turner, 1 R. & M. 634. (n) Holford v. Pbipps, 3 Beav. 434. (o) Saunders v. Neville, 2 Vern. 428. But though this point may have been mooted in the case and ruled as reported, yet the question in the cause was a different one, viz., whether under the circumstances the plaintiff was entitled to call for a conveyance of the legal estate even to him, and "the heirs of his body." See note by Raithby, correcting the text from the Reg. Book. (p) Goodson V. Ellisson, 3 Russ. 594 ; and see Smith v. Snow, 3 Mad. 10. But if the cestuis que trust of a fund as tenant for life and remainderman assign part of the fund for valuable consideration, it is conceived that the trustee cannot refuse to transfer that part to the assignee. (q) Goodson v. Ellisson, ubi supra. (r) Co. Litt. 384 a ; the Yorkshire Registry Acts, however, 6 Anne, c. 35, and 8 OF THE ESTATE OF THE CESTUI QUE TRUST. 489 contain a warranty ; or the trustees were made '^ by way of conveyance, and not by way of warranty," to " grant;" or the conveyance was quali- fied by the insertion of the words " according to their estate and interest as such trustees." All doubt on the subject is now removed by the 4th section of the 8 & 9 Vict. c. 106, which enacts that the word " grant" shall not imply any covenant in law except so far as the same may, by force of any act of parliament, imply a covenant. A trustee to bar dower is or is not called upon to join in a conveyance, according to the circumstances of the case. The rule is understood to be, that where a power of appointment is exercised besides the common law conveyance, his joining is dispensed with ; but where, no power being exercised, the fee cannot be passed without his concurrence, he is made a party, (s) In general there are no intermediate steps of the equitable interest, so that if A. be trustee for B., who is trustee for C, A. holds in trust for C, and must convey the estate as C. directs.(<) But if any special con- fidence or discretionary power be reposed in B., which imposes the necessity of his taking the legal estate, he may then call upon the ori- ginal trustee to execute a transfer to himself (w) Where trustees hold a fund upon such trusts as a person by an instru- ment to be executed in a particular manner may appoint, they must be careful in transferring it to the appointees to see that all the formalities attending the power have been duly observed, for if the execution of it be not regular, the trustees, except in those cases where courts of equity aid a defective execution, will be personally liable for the fund to the parties claiming in default of the power, (zj) ^SECTION 11. [*597] OP THE cestui' S QUE TRUST ESTATE IN THE SPECIAL TRUST. This may be said to be. The right to enforce in equity the specific execution of the settlor's intention to the extent of that cestui' s que trust particular interest. The other parties entitled may express a desire that the trust should be differently administered ; but if such a divergence from the donor's will would prejudice or injuriously affect the rights of any one cestui que trust, that cestui que trust may compel the trustees to adhere strictly and literally to the line of duty prescribed to them.(»') If there be only one cestui que trust, or there be several cestuis que G. 2, c. 6, give the force of covenants for title to the Avords " grant, bargain, and sell." (s) See 1 Su|r. Pow. 245, et seq. {t) Head v. Lord Teynhara, 1 Cox, 57; and see \. Walford, 4 Russ. 372. (m) Wetherell v. Wilson, 1 Keen, 86 ; Cooper v. Thornton, 3 B. C. C. 96, 180 ; Woods V. Woods, 1 M. & C. 409 ; Angier v. Stannard, 3 M. & K. 571 ; Onslow v. Wallis, 10 Sim. 483, 1 Mac. & Gor. 506; v. Walford, 4 Russ. 372; Pool v. Sharp, 1 Beav. 600. {v) Hopkins v. Myall, 2 R. & M. 86 ; Cocker v. Quayle, 1 R. & M. 535 ; Reid v. Thompson, 2 Ir. Ch. Re. 26. (w) See Deeth v. Hale, 2 Moll. 317. 490 LEW IX ON THE LAW OF TRUSTS, ETC. trust and all of one mind (iu eacli case sui juris,) the specific execution may be stayed, and the special trust will then acquire the character of a simple trust ; for whatever modifications of the estate the settlor may have contemplated, through whatever channel he may have originally intended his bounty to flow, the cesfuis que trust, as the persons to be eventually benefited, are in equity, from the creation of the trust, and before the trustees have acted in the execution of it, the absolute bene- ficial proprietors. Thus if a fund be given to trustees upon trust to accumulate until A. attains twenty-four, and then to transfer the gross amount to him, A. on attaining twenty-one may, as the party exclusively interested, call for the immediate payment.(a;) So if a legacy be be- queathed to trustees upon trust to purchase an annuity, the intended annuitant, if sui juris, may claim the legacy.(3/) So if a fund be vested in trustees in trust for the personal support, clothing, and maintenance of A., an adult, A. is exclusively entitled to the benefit *of the L J fund, and if he take the benefit of the Insolvent Act it passes to his assignees in insolvency, (ri) In Pearson v. Lane,(a) before Sir W. Grant, a conveyance had been made to trustees upon trust to sell^ and with the proceeds to purchase other lands to be settled on the daughters of W. J. as tenants in common in tail, with remainder to them in fee. The daughters levied a fine of the laiids to he sold to the uses and upon the trusts of their respective marriage settlements. It was doubted whether the entail had been effectually barred ; but Sir W. Grant said, " It is clear, if the estate had been sold, and another estate purchased, the daughters would have been tenants in tail, with immediate remainders to themselves in fee. It is true in the lands to be sold they had no interest, legal or equitable, expressly limited to them : but the equitable interest in those lands must have resided somewhere : the trustees themselves could not be the bene- ficial owners; and if they were mere trustees, there must have been some cestuis que trust. In order to ascertain wJio they are, a court of equity inquires for whose benefit the trust was created, and determines that those who are the objects of the trust have the interest in the thing which is the subject of it. Where money is given to be laid out in land, which is to be conveyed to A., though there is no gift of the money to him, yet in equity it is his, and he may elect not to have it laid out : so, on the other hand, where land is given upon trust to sell, and pay the produce to A., though no interest in the land is expressly given to him, in equity he is the owner, and the trustee must convey as he shall direct : if there are also other purposes for which it is to be sold, still he is entitled to the surplus of the price, as the equitable owner sub- ject to those purposes ; and if he provides for them, he may keep the estate unsold. The daughters electing to keep this estate, they acquired the fee, and it was discharged of every trust to which it had been sub- ject." (z) Josselyn v. Josselyn, 9 Sim. 63 ; Saunders v. Vautier, 4 Beav. 115 ; Cr. & Ph. 240 ; see Curtis v. Lukin, 5 Beav. 147 ; Rocke v. Rocke, 9 Beav. 66. (y) Dawson v. Hearn, 1 R. & M. 606, and cases there cited, (z) Younghusband v. Gisborue, 1 Coll. 400. (a) 17 Ves. 101. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 491 But until the cestui que trust, or the joint cestuis que trust, counter- mand the specific execution, the special trust will *proceed ; as r:(.rQQ-. if lands be devised to trustees upon trust to sell, and pay the L J proceeds to A., the property will remain personal estate in A. until he discharge the character impressed upon it by electing to take it as land.(6) As an incident to the beneficial enjoyment of his interest by the cestui que trust, he has a right to call upon the trustee for accurate information as to the state of the trust. (cj Thus in a trust for sale for payment of debts, the party entitled, subject to the trust, may say to the trustee, what estates have you sold ? what is the amount of the moneys raised ? what debts have been paid ? &c.((7) It is therefore the boundeu duty of the trustee to keep clear and distinct accounts of the property he administers, and he exposes himself to great risks by the omission. (e) It is the Jirst duty, observed Sir T. Plumer, of an accounting party, whether an agent, a trustee, a receiver, or an executor Tfor in this respect they all stand in the same situation) to be constantly ready with his accounts. (/^ A legatee, who is a quasi cestui que trust, is entitled to have a satisfactory explanation of the state of the testator's assets, and an inspection of the accounts, but not to require a copy of the accounts at the expense of the estate. (^) When it is said that each cestui que trust may compel the specific per- formance of the trust to the extent of his own interest, it is of course understood that the trust is of such a lawful description, that the court will not on grounds of public policy, refuse to recognise its existence. (/i) *CHAPTEE XXIII. [*600] PROPERTIES OF THE CESTUI' S QUE TRUST ESTATE. We shall next enter upon the properties of the cestui' s que trust estate as affected by the acts of the cestui que trust, or by operation of law. SECTION I. OF ASSIGNMENT. An equitable interest may be assigned, though it be a mere possi- (b) See Walter v. Maunde, 19 Ves. 429. (c) Walker v. Symonds, 3 Sw. 58, per Lord Eldon ; Xewton t. Askew, 11 Beav. 152 ; Gray v. Haig, 20 Beav. 219 ; Burrows v. Walls, 5 De Gex, M. & G. 253. (d) Clare v. Ormond, Jac. 120, per Lord Eldon. (e) Freeman v. Fairlie, 3 Mer. 43, per Lord Eldon. (/) Pearso v. Green, 1 J. & W. 140 ; and see Hardwick v. Yernon, 14 Yes. 510 ; White T. Lincoln, 8 Ves. 363 ; Turner v. Corney, 5 Beav. 515. (y) Ottley V. Gilby, 8 Beav. 6o2. (A) See supra, ch. vi. 492 LEWIN ON THE LAW OF TRUSTS, ETC. bility,(«) and either with or without the intervention of the trustee 3(&) and tiie assignee of the cestui que trust may call upon the trustee to con- vey to him, and on his refusal may file a bill to compel a conveyance without making the assignor a party.(f) Before the Statute of Frauds,(rZ) the transfer might have been made hj parol; but now, by the ninth section of that act, all grants and assign- ments of any trust or confidence are required to be in icriting, signed hy the party granting or assigning the same, or else are declared utterly void. But though a deed be not absolutely necessary, it is the practice, ex maj'ori cauteld to employ the same species of instrument, and adopt the same form of words, in the transfer of an equitable as in the con- veyance of a legal estate. *The power of an equitable tenarit in tail to dispose of the equi- L J table fee has been differently modified at difi"erent periods, and some account of the fluctuation of the law in this respect may serve to illustrate the general principles upon which trusts have been administered. At common law all inheritable estates were in fee simple, and it was the statute de donis{e) that first gave rise to entails and expectant re- mainders. x\s this statute was long prior to the introduction of uses, had equity followed the analogy of the common laic only, a trust limited to A. and the heirs of his body, with remainder over, had been construed a fee simple conditional, and the remainder had been void; but the known legal estates of the day, whether parcel of the common law or in- grafted by statute, were copied without distinction into the system of trusts, and, equitable entails indisputably existing, the question in con- stant dispute was, by what process they should be barred. In legal entails the only modes of unfettering the estate were by fine or recovery. A fine was by statutory enactment conclusive on all privies, and therefore a cestui que trust, though he had not the freehold, could nevertheless have barred his issue, who were his privies in blood and estate. A recovery had no operation unless the tenant to the prcecipe was seised of the legal freehold in possession, and as the cestui que trust had merely a right, and not a freeliold, it followed he could not by recovery bar either his issue or the remaindermen. There were certainly some doubts upon the law in this particular ; but such was the conclusion drawn from the conflicting cases by Lord Chief Baron Gilbert. '< If cestid que use," he observes, " aliene by fine, that is good, and bars the entry of the feofi"ees(/) after his death by the statute 4 H. 7 ; but if he (a) Courthope v. Heyman, Cart. 25; Warmstrey v. Tanfield, 1 Cli. Re. 29; Goring V. Bickerstaff, 1 Ch. Ca. 8 ; Cornbury v. Middleton, ib. 211, per Judges Wyld and Rainsford ; Burgess v. Wheate, 1 Ed. 195, per Sir T. Clarke; 21 Vin. Ab. 516, pi. 1. (6) Philips V. Brydges, 3 Ves. 127, per Lord Alvanley. (c) Goodson v. Ellisson, 3 Russ. 583. \d) 29 Car. 2, c. 3. And by the 8th & 9th Vict. c. 106, s. 3, assignments of chattel interests in land other than copyhold are void at law unless made by deed. (e) 13 E. I, St. 1, c. 1. (/) By 1 R. 3, c. 1, the cestui que use in possession, though for life only, had authority to pass the legal fee ; but when his right to the possession had deter- mioed, the feoffees might re-enter, and hold to the uses in remainder. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 493 aliene by recoverjj it does not bind the issue, because be is not tenant to the prcccipe."((/'\ The statute of H. 8, merged the use in the possession, and p^i^pA.;,-, *when the trust succeeded to the use, and "appeared in its like- L ^J ness," the effect of a fine and I'ecovery was now to be settled by the court ab integro. It was agreed, as before, that define, concluding allprt'vies, would defeat the claim of the issue ;(A) but, the cestui que frKS^ having no seisin of the freehold, it was long disputed what should be the operation of a recovery. Lord Clarendon, assisted by Sir Harbottle Grimston and Justice Windham, held, that the recovery of a cestui que trust should bar and transfer the trust, as it should an estate at law, if it were uj^on con- sideration, but otherwise Justice Windham doubted of it.(/') But this was merely a resolution, and the nest year an opinion was expressed by Lord Keeper Bridgman, that a recovery should not bar.(Z;) The point afterwards came before the lord keeper a second time,(/) and it was ad- mitted a fine would bar the issue, though not the remainder over, but whether anything would be barred by the cestui' s que trust recovery the court doubted ; for " if tenant in tail at law suffer a recovery, legal ex- ceptions might be taken to it, but if a recovery might be suffered in equity, all those exceptions would be taken away." It was contended in the same case, that if cestui's que trust recovery was not allowed to bar, there would result a perpetuity : but a perpetuity was defined to be '< where, if all who had interest joined, they would not bar or pass the estate ; but if by the concurrence of all having interest the estate might be barred, it was no perpetuity;" and as cestui que trust could certainly estop his issue by fine, it was plain that with the concurrence of the re- mainderman the estate was disposable in fee. At length, Lord Notting- ham, the father of equity, decided that a recovery should bar the issue and all remainders over,(??i) "it being," he said, "a general rule, that any legal conveyance or assurance by a cestui que trust should have the same effect and operation upon the trust as it should have had upon the estate at law in case the trustees had executed their trust : otherwise trustees, *by refusing or not being capable to execute their trust, might p^pno-i hinder the tenant in tail of that liberty which the law gave him L -I to dispose of his estate, which would be manifestly inconvenient, and tend to the introduction of perpetuities. "(jA The stream now flowed in an opposite direction, and it was held by succeeding chancellors, (and Lord Nottingham himself appears to have countenanced the same doc- trine,(o) that cestui que trust might bar his issue and the remainders over by any conveyance, as by bargain and sale, or lease and release,(p) or {g) Gilb. Uses, 32. \h) Goodrick v. Brown, 1 Ch. Ca. 49 ; Washborn v. Downes, lb. 213. \i) Goodrick v. Brown, 1 Ch. Ca. 49. {k) Digby v. Langworth, 1 Ch. Ca. 68. \l) Washborn v. Downes, 1 Ch. Ca. 213. (m) North v. Williams, 2 Ch. Ca. 63 ; North v. Champernoon, lb. T8. {n) North v. Champernoon, 2 Ch. Ca. 78. (0) See North v. Williams, 2 Ch. Ca. 64; S. C. 1 Vern. 14. {p) Carpenter v. Carpenter, 1 Vern. 440; Beverley v. Beverley, 2 Vern. 131 ; Bowater v. Elly, lb. 344 ; and see Legate v. Sewell, 1 P. W. 91. March, 1858.— 32 494 LEWIN ON THE LAW OF TRUSTS, ETC. even by agreemeDt,(5) or will.(r) As a trust was not witliin the statute de donis, there could in strictness be no entail of it, and therefore it was thought that equity, which regarded the Statute of Westminster " as an ambitious act in favour of the lords against the king/'(s) and viewed the trust as its own creature, and to be governed according to conscience, might allow the quasi tenant in tail of a trust to bar the issue and re- mainders over by any expression of intention. (1) At length *one L J consistent principle was established by Lord Hardwicke, that as entails with expectant remainders had gained a footing in trust by ana- logy to the statute, a court of equity was bound to follow the analogy throughout, and therefore a tenant in tail of a trust ought not to be at liberty to bar his issue and the remaindermen except by a conveyance which would have barred them had the entail been of the legal estate. The doctrines of equity, as finally settled upon this principle, may be summed up as follows : — 1. For a good equitable recover!/ there must have been an equitable tenant to the prcccipe, that is, the owner of the first equitable freehold must necessarily have concurred. (<) 2. An equitable recovery was a bar to equitable only, and not to legal remainders.(«) 3. An equitable recovery was not vitiated by the circumstance that the equitahle tenant to ih.Q proicipe had also the legal freehold. (i;) 4. An equitable remainder was well barred, though it was vested in a person who had also the legal fee. (w^ At the present day, by the operation of the fines and recoveries act,(a:) {q) See Norcliff v. Worsley, 1 Ch. Ca. 236. {r) Woolnough v. Woolnough, Pr. Ch. 228 ; Turner v. Gwinn, 1 Vern. 41. (s) NorclifF v. Worslej, 1 Ch. Ca. 236, per Lord Nottingham. {t) North V. Williams, 2 Ch. Ca. 64, per Lord Nottingham ; Highway v. Banner, 1 B. C. C. 586; and see Wykham v. Wykham, 18 Ves. 418. (m) Philips V. Brydges, 3 Ves. 128, per Lord Alvanley ; Salvin v. Thornton, Amb. 545- S. C. 1 B. C. C. 73, note. {v) Philips V. Brydges, 3 Vejs. 126, per Lord Alvanley; Marwood v. Turner, 3 P. W. 171 ; Goodrick v. Brown, 2 Ch. Ca. 49 ; S. C. Freem. 180. [w) Philips V. Brydges, 3 Ves. 120; Robinson v. Comyns, Rep. t. Talb. 164 ; S. C. 1 Atk. 473. {x) 3 & 4 Will. 4, c. 74. (I) An estate pur autre vie is also not within the statute de donis, and the quasi tenant in tail, if in possession, may at any time by a simple conveyance, dispose of the absolute interest as against the issue, and the remainderman, and may even bind them in equity by his contract. But if the quasi tenant in tail be in remain- der after a prior estate under the same settlement, he must have the consent of the tenant for life or other precedent freeholder, otherwise though he may bind his issue, he cannot destroy the remainders. W^e may here observe that if lands pur^ autre vie be limited to A. and the heirs of his body, with remainders over, the entirety of the legal estate is vested in A. The issue and remaindermen stand in the light of mere special occupants, that is, they have no ixila jure suo to any pre- sent interest, but merely take the estate by devolution where the owner has made no disposition. A limitation pur autre vie has been commonly referred to the nature of a fee conditional : but the principles of the two estates are not to be confounded. The tenant of a fee conditional can only aliene after issue born, but tenant ^wr a^itre vie may dispose absolutely as above without reference to the fact of there being issue or not. See the whole law upon this subject collected by Lord St. Leonards in Allen v. Allen, 1 Conn, and Laws. 428. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 495 the equitable tenant in tail may dispose of the equitable fee by the same modes of assurance, and with the same formalities, as if he were tenant in tail of the legal estate. To proceed with the subject of assignment of equitable interests — the purchaser, in the transfer of an equity, must, for his security, never dis- pense with the two following precautions. First, he must make inqui- ries of the trustee whether the equity of the vendor has been subjected to any prior incumbrance ; for if the trustee be guilty of misrepresentation, or even of mis-statement from forgetfulness, the ^purchaser may i-*rnrn charge him personally with the amount of the consequent loss.(_y) L J Secondly, upon the execution of the conveyance, the purchaser should give notice of his own equitable title to the trustee, by which means he will gain precedence of all prior incumbrancers who have not been equally diligent, and will prevent his own postponement to subsequent incumbrancers more diligent than himself; and of course the trustee will be personally responsible, if, after such notice, he part with the fund to any person not having a prior claim. (s) That a purchaser's notice will secure to him this advantage of priority, has even in choses in action, been only recently settled. In Cooper v. rynmore,(a) Sir T. Plumer, vice-chancellor, decided that mere neglect to give notice would not postpone an incumbrancer, but that such laches ought to be shown as, in a court of equity would amount to fraud ; but in Dearie v. Hall,(i) and Loveridge v. Cooper,(c) nine years after, his honor, when master of the rolls, came to a contrary conclusion, and delivered a very elabox'ate argument that notice ivoulcl gain priority. His honor's judgments were affirmed on appeal, ((?j and the doctrine has been recognized in several subsequent cases. (cA The principles upon which Sir T. Plumer proceeded were these : — That " although the cestui que trust could not transfer the legal interest, which must remain with the executors, yet, wherever it was intended to complete the transfer of a chose in action, there was a mode of dealing which a court of equity considered tantamount to possession, viz., notice given to the legal depositary of the fund. By such notice the legal holder was converted into a trustee for the new purchaser, and the cestui que trust was deprived of the power of carrying the same security re- peatedly into the market. This precaution was always taken by diligent incumbrancers, and if it was not taken, there was neglect, and the solicitor who conducted the ^business was responsible for that r:}:^^^-, neglect. To give notice was a matter of no difficulty ; and wherever •- -I persons treating for a c7io.se in action did not give notice to the trustee or executor, they did not perfect their title, they did not do all that was necessary to make the thing belong to them in preference to all other persons, and they became responsible in some respects for the easily (y) Burrowes v. Lock, 10 Ves. 470. \z) Hodgson V. Hodgson, 2 Keen, "704; Roberts v. Lloyd, 2 Beav. 376; Andrews V. Buusfield, 10 Beav. 511. (a) o Russ. 60. (i) lb. 1. (c) 3 Russ. 30. {d) lb. 38, 48. (e) Huttou V. Sandys, 1 Younge, 602, see 607 ; Smith v. Smith, 2 Cr. & Mees. 231 ; Foster v. Blackstone, 1 M. & K. 297, see 307. 49G LEWIN ON THE LAW OF TRUSTS, ETC. forseen consequences of their negligence.(/) It was objected qm ■prior est tempore potior est jure; but it could not be contended that priority in time must decide where the legal estate was outstanding, for the maxim as an equitable rule admitted of exceptions, and gave way when the question did not lie between bare and equal equities. If there ap- peared to be, in respect of any circumstance independent of priority of time, a better title in the puisne purchaser to call for the legal estate than' in the purchaser who preceeded him in date, the case ceased to be a balance of equities, and the preference, which priority of time might otherwise have given, was done away with and counteracted.(^) What title had the prior incumbrancer to call on a court of justice to interpose iu his behalf, in order to obviate the consequences of his own miscon- duct ? He had omitted to perfect his security : a third party had inno- cently advanced his money, and had perfected his security as far as the nature of the subject permitted, and was that court to interfere to post- pone him to the other ? It was said notice did not form part of the necessary conveyance of an equitable interest. If a person meant to rely on the contract of the individual, there was certainly no need of notice, for from the moment of the contract he with whom the party was dealing was pjersonalhj bound ; but if it was meant to go farther, and attach a right upon the thing itself which was the subject of the contract, it was necessary to give notice; and if an individual who contracted with ano- ther did not by giving notice to the trustee divest the vendor or mortga- gor of the possession, "but permitted him to remain the ostensible owner as before, he must take the consequences which might ensue from such a mode of dealing."(/i) *In the case of clioses in action these principles are now clearly [^'*507] eg^-aiaiished, and the doctrine holds even against the assignees of a bankrupt or insolvent neglecting to give notice ; as, if A. be entitled to a clwse in action and become an insolvent, and then assign it to a purchaser for valuable consideration without notice of the insolvency, who serves notice on the trustee, he thus gains a priority over the assignees for nothing vests in the assignees but what the insolvent would have passed by an assignment, and if they neglect to complete their title by notice they must be postponed in equity. (?') But between clioses in action and real estate there is an observable dis- tinction. In personal estate the purchaser knows the legal title is out- standing in a third person, and is therefore bound to give notice of his incumbrance; but in lands it often happens that the vendor professes to have the legal ownership in himself, whereas it afterwards appears it was really vested in some stranger. If the purchaser be not cognizant of the outstanding legal estate, he cannot give notice of his interest, and therefore cannot be held to have forfeited his right by having neglected a precaution that was impossible. On the other hand, to hold that the (/•) SRuss. 12-14. {g) See observations of Vice-Chancellor Kindersley in Rice v. Rice, 2 DreAvry, pp. 77, 78. {h) 3 Russ. 20-22. {i) Re Atkinson, 4 De Gex & Sm. 548 : 2 De Gex, Mac. & Gor. 140, [*C08] PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 407 doctrine of notice does not apply at all to real estate, renders any deal- ings with ec^uitable interests therein extremely dangerous. Thus A. is entitled to an equitable interest, of which the legal estate is in B. upon trusts requiring B. to retain possession of the title-deeds, and not to part with the legal estate. A. conveys his interest to C, who makes no inquiries about incumbrances, and gives no notice to the trustee; A. afterwards, fraudulently concealing the previous assurance, conveys the same interest to D., who makes inquiries of the trustee respecting incum- brances, and gives him notice of his own charge. If, notwithstanding these precautions, D. should be postponed to C, who had priority in point of time, it is clear that no equitable interest can ever be purchased with safety. In Jones v. Jones(^) the point was not involved in the decision, but the vice-chancellor of England assumed that the principles of Dearie v. Hall, and Loveridge v. Cooper, "^^were inapplicable to real estate. In the subsequent case of Wiltshire v. Rabbits,(/) the vice-chancellor of England decided in conformity with the opinion expressed by him in Jones v. Jones ; and the same view has since been adopted by other judges.(m) The result is much to be lamented. A second incumbrancer on personal estate who gives notice, hut makes no inquiries as to j^^'ior charges, is preferred to a prior incumbrancer who neglected to give notice. (») This result appears at first open to observation, for an assignment of an equitable interest is perfectly valid, though without notice, as against the assignor, and all persons claiming under him who have no equity to postpone the first assignment. It is unimpeachable unless a subsequent purchaser can set it aside on the ground of fraud against himself; and if he made no inquiry, and there- fore was not defrauded, why should he, labouring under the demerit of making no inquiry, displace the person who had the natural priority. The answer, however, which has been made by Sir James Wigram is as follows :(o) <' If the puisne incumbrancer advances his money bona fde without inquiry, it must be presumed he would equally have advanced it after inquiry, the result of which would have negatived the existence of any prior incumbrance. The injury he sustains, and which gives him priority, is, ' ex post facto.' If, after advancing his money, he is informed that there is a prior incumbrance, he will immediately use dili- gence to get in or secure his property. If, on the other hand, he is not told when he gives the notice that there is a previous incumbrancer, he is led to suppose that his security is good, &c. The notice which, when it is given, has the eflfect of inquiry, is given either at the time the money is advanced or afterwards, and the only distinction between the two cases is a distinction ^between a party who advances money t^qq.-.-i at the time of taking a security, and a party who takes a security L J (A-) 8 Sim. pp. 642, 643. (f) H Sim. Y6. (m) Wilmot v. Pike, 5 Hare, 14; Bujrden v. Bignold, 2 Y. & C. Ch. Ca. 392 ; Rochard v. Fulton, 1 Ir. Eq. Rep. 131 ; Lee v. HowletJ, 2 Kay & J. 531. As to railway shares, see Dunster v. Glengal, 3 Ir. Ch. Re. 4V. (n) Foster v. Blackstone, 1 M. & K. 297 ; Foster v. Cockerell, 9 Bligh, N. S. 376 ; Timson v. Ramsbottom, 2 Kean, 49; and see Etty v. Bridges, 2 Y. & C. Ch. Ca. 494; Warburton v. Hill, 1 Kay, 470. (o) Meux V. Bell, 1 Hare, 86, 87 ; and see Warburton v. Hill, 1 Kay, 478. 498 LEWIN ON THE LAW OF TRUSTS, ETC. for an antecedent debt, &c. The credit which the puisne incumbrancer cave to the fund after the notice is as good a consideration as that of any other creditor who takes a security for an antecedent debt." The only portion of the vice-chancellor's argument which seems open to question is the assumption that notice is equivalent to inquiry. It could hardly be contended that a trustee, upon merely receiving notice of an incum- brance, is hound to reply that prior incumbrances have been created. It would, however, be a proper act on his part so to do, and almost a matter of course, should he (as is usual) be requested to acknowledge the receipt of the notice. In a large proportion of cases, therefore, the reasoning of Vice-Chancellor Wigram would be strictly correct ; but, however this may be, the point is now clearly concluded by authority. If notice be given to one of several co-trustees it is sufficient as against all subsequent incumbrancers during the lifetime of that trustee, for a prudent incumbrancer is called u^on to make inquiry of all the trustees, and if he did so in the supposed case, he would have come to a know- ledge of the prior charge. Thus, in Smith v. Smith, (p) one Maberley, being indebted to Smith, assigned to him, by way of security, his life- interest in certain funds under his marriage-settlement, and afterwards became bankrupt. The assignee having mentioned his security to one of the trustees before the bankruptcy occurred, the question was, whether after such notice the fund was at the time of the bankruptcy in the power and disposition of the bankrupt, and it was determined in the negative. Lord Lyndhurst, in delivering the judgment of the court, observed, << It was argued that notice to one only of three trustees is insufficient — that it should have been given to each of them, and that, this not having been done, the property remained in the order and dis- position of the bankrupt up to the time of his bankruptcy ; but we are r*n m °^ opinion that notice t» one of the *three trustees was suffi- L J cient : no valid assignment could have been made by the bank- rupt after the notice to the trustee : a second assignee, in order to have obtained apriority over the first, must have shown that he had exercised proper precaution in taking the assignment ; that he had applied to the trustees to know if any previous assignment had been made ; and unless he applied for this purpose to each of the trustees, he would not have exercised due caution, or done all that he ought to have done. But if he applied to each of the trustees, he would have been informed by one of them of the previous assignment to Smith, and he must then have taken the property, if at all, subject to the claim of Smith." But if a prior incumbrancer content himself with giving notice to one of the trustees, and that trustee dies, and a second incumbrancer gives notice of his own assignment, then, as the first incumbrancer did not do his utmost to guard against the fraud, and the second incumbrancer employed all the means in his power of detecting the fraud, the loss will fall on the person who had so far occasioned that he might have pre- vented \t.[q) (p) 2 Cr. & Mees. 231 ; and see Ex parte Hennessey, 1 Conn. & Laws. 562 ; and Bee Wise v. "Wise, 2 Jones & Lat. 412. (?) See Meux v. Bell, Hare, 73 ; Ex parte Hennessey, 1 Conn. & Laws. 562. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 499 The case of Timson v. Ramsbottom(?-) may be referred to this principle. A testator appointed Bacon the elder, Timson, Ramsbotton the elder, and Eamsbottom the younger, his executors. In 1816, llamsbottom the elder died. By indenture dated in 1819, and made between Bacon the younger of the one part, and Thomas Bacon (not the executor,) Langford, and Walford of the other part. Bacon the younger, who took an interest under the will, assigned it to trustees upon trust for securing the repayment to Bacon the elder of 5000^. and interest. In 1827, Bacon the elder died, without having communicated the charge to his co-executors. In 1828, a bill was filed, and the testator's estate was brought into court. By indenture, dated in 1832, Bacon the younger assigned the same interest to Corfield, who had no notice of the prior incumbrance and made no inquiries, for securing to Corfield the sum of 1000?. and interest. In 1833, a regular notice of *the assign- r*(^i n-i ment was sent by Corfield to the surviving executors. (s) Lord L -1 Langdale, in decreeing the priority of the second incumbrancer, observed, " None of the cases cited at the bar appear to me to be like the present — of a father and son having a transaction of this sort between themselves, the father being one of several executors — no allegation even that the other executors were informed before the notice was received from Corfield — no ground to presume that the transaction was communicated to the other executors, each of whom had separate authority to receive and pay on account of the estate, and who, if they had no notice of the assign ment, might have made payment to the assignee without incurring any liability whatever on that account. I think, therefore, after, I admit, a good deal of hesitation, that the knowledge of one of several executors who were interested, and who does not appear to have communicated that knowledge to his co-executor, is not sufficient to create a trust in which the assignee has done nothing but accepted the assignment." A petition of appeal was presented, and the pleadings were opened ) but the lord chancellor suggesting the necessity of some previous inquiries, the parties, rather than be involved in further litigation, agreed upon a compromise. As an incumbrancer may, by giving notice to one trustee, complete his title for the time, and yet may afterwards by the death of the trustee be displaced, it becomes a question whether, if notice be sent to all the trustees, and they all die, a second incumbrancer, who gives notice to the succeeding trustees, will not gain the priority. Notice properly given at the time may be thought not to make an absolute title, but one liable to be defeated by an alteration of circumstances ;(/) and an incum- brancer would do well not only to give notice to all the trustees in the first instance, but to watch as well as he can the changes in the state of the trust, and to take care, by repeating his notice, that there is never a (r) MS. ; S. C. 2 Keen, 35. (s) The master of the rolls in his judgment states that notice was given to Timson ; but his reasoning assumes, and I am informed the fact was, that notice was also given to Ramsbottom. {t) See Meux v. Bell, Hare, 97 ; but see Etty v. Bridges, 2 Y. & C. Ch. Ca. 493. 500 LEAYIN ON THE LAW OF TRUSTS, ETC. ^^ -. set of trustees *of wliom there is not at least one who has notice L "'J of his charge. Notice of an equitable incumbrance ought to be given to the trustees as early as possible, but if delayed for any length of time, it will be equally efficacious, provided no notice of any other charge has been served in the interval. (i«) Therefore, if the owner of an equitable inte- rest, but who has given no notice to the trustees, contract for the sale of it, the purchaser cannot object to the title on the ground of no notice having been given, unless he can show some intermediate incumbrance; but it is the vendor's duty, by pointing out who were the trustees from time to time, to furnish full means to the purchaser of inquiring whether or no any such charge has been created. (r) The notice, written or unwritten, (zr) but better written, may be given either to the trustees themselves or to their solicitors ;(a:) and where no- tice to one trustee would be sufficient, it may be given to one who is not the acting trustee, there being no such distinction known to the law be- tween an acting and a passive trustee. (y) It may even be communicated to the trustee incidentally in the way of conversation ; for the only point to be ascertained is, whether the existence of the charge has in fact come to the personal knowledge of the trustee. (;:) Where the trust fund con- sists of a share in a company, the notice may be sent to the secretary;(a) but notice to A., a director, and B., the actuary, has in one case been considered sufficient jfi) and in another notice to A., one of the direc- tors, and B., an auditor 3(c) and it was at one time held that, as notice to r*nm ^ partner is notice to the partnership, if by the *constitution of L J an assurance office the person insuring becomes a partner, the assignment of a policy by him is ipso facto notice of it to the society,((:?) but the point has since been ruled the other way.(e) Incidental mention of the charge to a clerh of the company, though in the office of business, will not be constructive notice to the company itself. (/) The notice served on the trustee should set forth the entire amount of the assignee's claim, for it has been held that the trustee is affected by notice only of the amount stated upon the face of the memorandum served, and not by notice of all the contents of the instrument to which the memorandum {u) Meux V. Bell, 1 Hare, 86, per Sir J. Wigram. {v) Hobson V. Bell, 2 Beav. 17. [iv) Smith V. Smith, 2 Cr. & Mees. 231; Ex parte Carbis, 4 D. & C. 357, per Sir G. Rose ; S. 0. 1 Mont. & Ayr. 695, note, per eundem. {x) Foster Y. Blackstone, 1 M. & K. 297. {y) Smith v. Smith, 2 Cr. & Mees. 233. {z) Smith V. Smith, 2 Cr. & Mees. 231, see 233. (a) Ex parte Stright, Mont. 502. (6) Ex parte Watkins, 1 Mont. & Ayr. 689; S. C. 4 Deac. k Chit. 87 ; but see Ex parte Hennessey, 1 Conn. & Laws. 559. (c) Ex parte Waithman, 4 Deac. & Chit. 412 ; but see Ex parte Hennessey, 1 Conn. & Laws. 559. {d) Duncan v. Chamberlayne, 11 Sim. 126; Ex parte Rose, 2 Mont. Deac. & De Gex, 131 ; and see Ex parte Cooper, ib. 1 ; Re Styan, ib. 219 ; and 1 Phil. 105. (fi) Ex parte Hennessey, 1 Conn. & Laws. 559 ; Thompson v. Spiers, 13 Sim. 469; Martin v. Sedgwick, 9 Beav. 333; and see Powles v. Page, 3 C. B. R. 16. (/) Ex parte Carbis, 4 Deac. & Chit. 354 ; S. C. 1 Mont. & Ayr. 693, note (a) ; Ex parte Boulton, 3 Jur. N. S. 425. PROPERTIES OF CESTUI'3 QUE TRUST ESTATE. 501 refers.(^) But notice of a cliarge in general terms without expressing any amount in particular will be sufficient, (/t) Where money has been paid into court by trustees, it would seem that they remain trustees for the purposes of notice until the fund has been dealt with by the court, and then the court becomes the trustee ;(?') and where the court is trustee the step equivalent to notice in the ordinary case is the obtaining of a stop-order to restrain the transfer of the fund, and as between two assignees, the one who first gets a stop-order will have priority. (/t) It may be difficult, however, in many cases to deter- mine whether the sole trusteeship resides in the court, and the point is one which requires further decisions to elucidate it. If, therefore, the trust fund be in court, the following course should be adopted. The intended assignee should inquire at the accountant's-general and regis- trar's offices whether any stop-order has been made, to restrain the transfer of the fund, and aUo of the trustees, whether notice has been given of any prior incumbrance; and, on the completion *of his r*g-[^^-| own assignment, he should give notice to the trustees personally, L J and obtain a stop-order himself, and leave it at the accountant's-general office to be entered. If the accountant's-general office is closed, the order should still be entered at the registrar's office.(/) The inquiry at the accountant's-general or registrar's offices is merely for the purchaser's greater satisfaction, and makes no part of his own title, for neither the accountant-general nor the registrar is the trustee, but the court is the trustee. The stop-order is the effective step, and whether previous in- quiry was or not made at the accountant's-general or registrar's offices, is immaterial. (m) Should an incumbrancer give notice to the trustees, but neglect to obtain a stop-order, he will still take precedence of a prior incumbrancer, who has neither obtained an order nor given notice, or who had given notice to one only of several trustees, and that trustee had died before the time of the second incumbrance. It is true the second incumbrancer did not adopt every precaution, but he resorted to one which the prior incumbrancer neglected, to the detriment of the second incumbrancer : while the first assignee either sent no notice, or one which, by the death of the trustee before the time of the second incumbrance, had become equivalent to no notice. (?;) It may happen that at the time of the incumbrance there is no repre- sentative of the trust on whom notice can be served, as if A. be trustee of stock for B., and A. dies intestate, or his executor declines to act. In such a case it has been held, that an incumbrancer gains priority by ig) Re Bright's Trust, 21 Beav. 430. (/') See same case. [i) Warburton v. Hill, 1 Kay, 4T7 ; Matthews v. Gabb, 15 Sim. 51. {k) Greening v. Beckford, 5 Sim. 195; Swajne v. Swajne, 11 Beav. 463; Elder V. Maclean, 3 Jur. N. S. 283. (I) The petition for the stop-order (viz., that the interest of the assignor may not be paid out of court without notice to the assignee) need not be served on any of the other parties to the suit, though the share of the assignor has not beea set apart to a separate account. See General Order, April 3, 1841, 2 Beav. xi. (m) See Warburton v. Hill, 1 Kay, 478. (n) Timson v. Ramsbottom, MS.; S. C. 2 Keen, 35, pp. 49 and 50; Matthews v. Gabb, 15 Sim. 51 ; Brearclifl' v. Dorrington, 4 De Gex & Sm. 122, 502 LEWIN ON THE LAW OF TRUSTS, ETC. taking all the precautions that under the circumstances are practicable, as if he serve a distringas on the bank where the stock is standing, (o) r^n ''1 ^^ course, a purchaser who gives notice, or obtains a stop- L "^J *order, can gain no priority over an incumbrance of which he has notice himself, at the time of his own purchase. (^j) » SECTION II. OF TESTAMENTARY DISPOSITION. An equitable interest is transmissible by devise,(g^) indeed the use in the laud was devisable before the statute of Henry Vlll.(r) But after the Statute of Frauds the courts held that a trust or equitable interest could only be passed by a will, executed and attested as required for the devise of the legal estate ; for otherwise a door would have been opened to all the mischiefs and inconveniences the statute was intended to prevent.(s) Whether trusts are within the letter of the act, or equity brought them under its operation by analogy, it is not easy to deter- mine ;(^) undoubtedly the word "lands" has often extended to include trusts,(H) and, if so, there seems to be little reason why trusts should not have fallen within the express terms of the statute. Coj^i/Jwlds, strictly speaking, are not at common law a devisable inte- rest. A surrender is made to the use of the will, and the gift contained in the will operates as a declaration of the use. The devisee does not come in by the will, but by the surrender and the will taken together, as if the name had been inserted in the surrender itself. (w) Thus copyholds at law were out of the Statute of Frauds, and might have been devised by a will neither signed nor attested ; and, as equity followed the law r*n ri *''^^^ ^^'^^^ ^^ ^ copyhold was devisable in the same manner.(?t') L J II Where," said Lord Hardwicke, " the legal estate is in trustees, the cestui que trust cannot, consequently, surrender, but the lands shall notwithstanding pass by this devise according to the general rule that equity follows the laio ; for there (i. e. at law) a copyhold will pass under the will without three witnesses, or, where there are no witnesses at all ; and if this nicety is not required in passing the legal estate, a fortiori, it is not in passing the equitable, and therefore the cestui que trust may (o) Etty V. Bridges, 2 Y. & C. Ch. Ca. 486. (p) Warburton v. Hill, 1 Kay, 470. (q) Cornbury v. Middleton, 1 Ch. Ca. 211, per Wjld, Just. ; Greenhill v. Green- hill, 2 Veni. G80, per Lord Harcourt ; Cole v. Moore, Mo. 806, per Cur. ; Philips V. Brydges, 3 Ves. 127, per Lord Alvanley. (r) See p. 5.37, note 1. (s) Wagstaff V. "WagstafF, 2 P. W. 259, per Lord Macclesfield; Adlington v. Cann, 3 Atk. 151, per Lord Hardwicke; Burgess v. Wheate, 1 Ed. 224, per Lord Mansfield. {t) See Burgess v. Wheate, ubi supra; WagstaflT v. WagstafiP, 2 P. W. 261. (m) See supra, p. 593. {v) Hussey v. Grills, Amb. 300, per Lord Hardwicke. («■) Appleyard v. Wood, Sel. Ch. Ca. 42 ; Wagstaft' v. Wagstaff, 2 P. W. 258 ; Tuti'nell V. Page, 2 Atk. 37; and see Attorney-General v. Andrews, 1 Ves. 225; but see Anon, case, cited Wagstaff v. Wagstaff, 2 P. W. 261. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 503 by the same kind of instrument dispose of the trust estate as if he had the legal estate in them."(a:) And the equitable interest might always have been passed by will, though not preceded by a surrender, which was required to pass the legal estate.(7/) But, by 55 Geo. 3, c. 192, a surrender was dispensed with even in respect of the legal estate. As equitable interests in copyholds were regulated by analogy to the custom alFecting the legal estate, one might have supposed, that where the legal estate could not have been devised, the equitable estate in like manner must have been left to descend. However, it was decided by the court, that notwithstanding the want of the custom, the owner of the equitable estate could always have passed it by will.(ri) Whether the will to have this effect must have been executed according to the Statute of Frauds, or whether any instrument sufficient for declaring the uses on a surrender would have been enough does not appear. The doctrines laid down as to copyholds were not extended to customary freeJiokls.[l) The determination as *to copyholds was grounded r^gj^-r-i on the circumstance that the interest passed, not by the will, but L J by the surrender; but customary freeholds are strictly and properly speaking devisable, the estate passing by the will. The legal estate of customary freeholds was, therefore, not excepted from the Statute of Frauds ;(a) and, of course, a devise of the eguitahle interest must have been attended with the same formalities as if it had been a devise of the legal. (Jj) Now, by the late Wills Act,(c) as to wills made on or after the 1st day of January, 1838, every devise or bequest of property, of whatever descrip- tion, whether real or personal, freehold or copyhold, legal or equitable, must be made by a will in writing, signed by the testator and attested by two witnesses. SECTION III. OF SEISIN AND DISSEISIN. The term seisin is properly applicable to legal estates ; but a court of equity regards actual receipt of the rents and profits under the equitable title as equivalent to seisin at law, and has often adjudicated upon the rights of parties with reference to that circumstance. Thus, in Casborne v. Scarfe,((/) it was disputed, whether, as curtesy (x) Tuffnell v. Page, 2 Atk. 38. (y) Greenhill v. Greenhill, 2 Vera. G79; Tuffnell v. Page, 2 Atk. 37 ; Gibson v. Rogers, Amb. 93. {z) Lewis V. Lane, 2 M. & K. 449; Wilson v. Dent, 3 Sim. 385; and see ante, pp. 45, 46, and p. 537, note 1. (a) Hussey v. Grills, Amb. 299; and see Doe v. Danvers, 7 East, 299. (b) Ilussey V. Grills, ubi supra ; Willan v. Lancaster, 3 Russ. 108. (c) 7 Gul. 4, & 1 Vic. c. 26. {d) 1 Atk. 603 ; Parker v. Gnrter, 4 Hare, 413. (1) A copyhold is where the freehold is in the lord, and the copyliolder's estate passes by surrender. A customary freehold is where the tenure is copyhold, but the freehold interest is in the tenant, and passes by deed. Bingham v. Woodgate, 1 R. & M. 32 ; S. C. Taml. 183. 504 LEWIN ON THE LAW OF TRUSTS, ETC. did not attach at law without a seisin in fact, the husband could claim his curtesy out of the wife's equity of redemption ; but Lord Hardwicke said, "It is objected there is no seisin whatever of the legal estate in the wife in the consideration of law. But that is not the present question : the true question is, if there was such a seisin or possession of the equi- table estate in the wife, as in this court is considered equivalent to an actual seism of a freehold estate at common law ; and I am of opinion there was. Actual possession, clothed with the receipt of the rents and profits, is the highest instance *of an equitable seisin, both of L -I which there were in this case." And so it was held that there was possessio frafris of a trust, in other words, that if a person inherited a trust and died befoi-e actual seisin of the estate, it should descend to the brother of the half blood, as heir to the father, in preference to the sister of the whole blood ; but if there had been such a receipt of the rents and profits as constituted equitable seisin, the sister of the whole blood, as heir to the brother, would exclude the brother of the half blood. (e) The doctrines of the court upon the subject of equitable disseisin cannot be better illustrated than by a statement of the well known case of The Marquis of Cholmondeley v. Lord Clinton. (/) The circumstances were briefly as follows : — George, Earl of Orford, conveyed certain manors and hereditaments to the use of himself for life, remainder to the heirs of his body, remainder as he should by deed or will appoint, remainder to the right heirs of Samuel RoUe, with a power reserved of revocation and new appointment. Some time after the earl executed a mortgage in fee, which operated in equity as a revocation of the settlement pro tanto. In 1791, the earl died without issue and intestate, and upon his death the ultimate remainder (which had been a vested interest in the earl himself, as the heir of Samuel Rolle at the date of the deed,) should have de- scended to the right heir of the earl, but, the parties mistaking the law, the person who was heir of Samuel Rolle at the death of the earl was allowed to enter on the premises, and continued in possession, subject to the mortgage, up to the commencement of the suit. The bill was filed in 1812, by the assign of the right heir of the earl against the mortgagee, and the assign of the right heir of Samuel Rolle, for redemption of the premises, and on account of the profits. It was debated whether, as the legal estate was vested in the mortgagee, and the heir of Samuel Rolle had held the possession subject to a subsisting mortgage, the assign of r*nQl ^^® ^ax\ of Orford's heir, to whom the equity of redemption *be- L J longed in point of right, had been disseised of his equitable inte- rest, and was now barred by the efi"ect of time. Sir W. Glrant argued, that " although there might be what was deemed a seisin of an equitable estate, there could be no disseisin, first, because the disseisin must be of the entire estate, and not of a limited and partial interest in it — the equi- table ownership could not possibly be the subject of disseisin ; and, secondly, because a tortious act could never be the foundation of an equi- table title : that an equitable title might undoubtedly be harred by length («) But see now 3 & 4 Gul. 4, c. 106. (/) 2 Mer. 171 ; 2 J. & W. 1. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 505 of time, but could not be shifted or tranferred.i^g) It was admitted in the present case the equity of redemption subsisted : it must therefore belong to some one and could only belong to the original cestui que trnstJji) That so long as the trust subsisted, so long it was impossible that the cestuis que trust could be barred. .The cestuis que trust could only be barred by barring and excluding the estate of the trustee."(t) Sir W. Grant did not then decide the point, but directed a case for the opinion of the Queen's Bench on a question of law, and retained the bill till the judge's certificate should be returned. The cause was afterwards reheard on the equity reserved before Sir T. Plumer, who determined that the original cestui que trust had been dis- seised, and was consequently barred. (Z^-) " The grounds," he said, ^) r*r99n ^^ Banks v. Sutton, () iM.ider V. Winle, 4 15. C. (.'. 521. (ry) 2 P. W. 700. PROPERTIES OF CESTUI'S QUE TRTST ESTATE. 507 for such a presumption, and therefore the title to dower should attach. His honor, however, did not rest his decision upon this distinction, (r) and in subsequent cases the refinement has been rejected. (s) With respect to curtesy, as at law the wife, to entitle her husband to curtesy, must have had seisin in deed of the freehgld, the question arises whether in the instance of a fru?t there must not have been such a seisin of the equitable estate in the wife, as is considered equivalent to legal seisin, as actual possession of the estate clothed with the receipt of the rents and profits. It seems to be admitted that if the equitable interest be in the possession of a stranger, adversely to the right of the wife, there is no such seisin in deed as to entitle the husband to his curtesy. (/) But if money be articled or directed by will to be laid out in a purchase of land to be settled on a married woman in fee or in tail, the husband is entitled to curtesy, though no rent or interest may have been actually paid during the coverture. (u) This proceeds on the principle that the laches of the trustees shall not prejudice the right of a third person, and, therefore, the claim to curtesy, arises in the same manner as if the trus- tees had actually laid out the money on land and completed the settle- ment, and put the parties in possession. However, it has been lately held, that in the case of an ordinary trust, any seisin of the wife, though she has not possession or receipt of rents, is sufficient to entitle the husband to curtesy. An estate had been vested in trustees upon trust for Carter, during the joint lives of himself and Mary his wife, and upon the death of either of them, and in default of appointment upon trust for the children in fee. There were *two ^^ ,.,.^^ children, a son and a daughter Elizabeth, and the daughter L ~^-l married Parker; Carter died in 1S17, and on his decease the widow, although she had no life estate, held possession of the estate until her own death in 1839. Elizabeth Parker died in 1836, and the question was. whether Parker the husband was tenant by the curtesy, although his wife had never been in receipt of rents. The vice-chancellor ruled, that the possession of Carter was the possession of his trustee, and gave to that trustee a seisin of the inheritance ; that the death of Carter did not interrupt that seisin, but the trustee was still in actual possession, not by a new title then for the first time accruing, but by continuance of the seisin acquired during the coverture ; that the trustee was in such possession for the benefit of the party lawfully entitled thereto, and that he continued in such possession until the entry of Mary, which might be supposed to be a month or more after the death of her husband, and that such interval, there being no adverse possession, would entitle the husband to his curtesy. ^r) If the trust be for the separate use of the wife, so that her seisin would not entitle her husband to the possession or profits, it was formerly doubted whether in this case curtesy was not excluded. Lord Hardwicke (r) 2 P. W. 715. (t) See Curtis v. Cnrtis. 2 B. C. C. 630 ; D'Arcv v. Blake. 2 Sch. & Lef. 391 ; Godwin t. Winsmore. 2 Atk. 526: Bursress v. "Wlieate, 1 Ed. 197. (t) Parker v. Carter. 4 Hare. 413. (m) Sw-eetapple t. Bindon, 2 Vern. 536; Dodson v. Har. 3 B. C. C. 405. (rj Parker v. Carter. 4 Hare, 400 : see Casborne v. Scarfe. 1 Alk. 606. 508 LEWIN ON THE LAW OF TRUSTS, ETC. was originally in favour of tlie curtesy ;(tt-) but in a subsequent case (without any allusion, however, to his former opinion,) he decided against the claim of the husband. (.r) It has since been determined that the husband is entitled.(y) It was observed by Sir John Leach, that " At Imo the husband could not be excluded from the enjoyment of property given to or settled upon the wife, but in equitij he might, and that not only partially, as by a direction to pay the rents and profits to the separate use of the wife during coverture, but wholly by a direction that upon the death of the wife, the inheritance should descend to the heir of the wife, and that the husband shoidd not he entitled to he tenant hy the curtesy ;"{£) but *this doctrine may admit of question, as there appears no reason L "' J why a person should be able to exempt an equitable any more than a legal estate from the ordinary incidents of property. A declara- tion, for instance, by a settlor, that a trust should be inalienable or not available to creditors would be absolutely void. In the case of Bennet V. Davis, (a) which is cited by Sir J. Leach for his position, the question discussed was not whether curtesy attached on an equitable estate, but whether any equitable estate arose. A testator had devised lands " to his daughter, the wife of Bennet, for her separate use, exclusive of her husband, to hold the same to her and her heirs, and that her husband should not be tenant by the curtesy, nor have the lands for his life in case he survived, but that they should upon the wife's death go to her heirs." It was contended that the wife could not be a trustee for her- self, and the husband could not be a trustee for the wife, they both being but one person, and, therefore, as there was no trustee the husband was entitled to the estate beneficially. But the court held clearly that the husband was a trustee for the wife, and observed, " though the husband might be tenant by the curtesy (viz., of the legal estate,) yet he should be but a trustee for the heirs of the wife." The remark certainly implies that on the death of the wife the husband would not be tenant by the curtesy of the equitable estate, but that question had not been adverted to at the bar, and apparently, from the context, was not under the con- sideration of the court. Even assuming the remark to have been made advisedly, the view of the court may have been that the curtesy of the husband was excluded on a ground now overruled, viz., that the trust being not simply for the wife and her heirs but during the coverture for the separate use of the wife, and after her death for her heirs, there was not a sufficient seisin as regarded the husband for the curtesy to attach upon.(&) It must be acknowledged on all hands, that, as dower and curtesy stand exactly on the same footing upon princiijle, either the rejection of P^pf,r-. dower, or the admission of curtesy, was *an anomaly. Some L "^ J high authorities, as Lord Talbot,(c) Sir T. Clarke,(£?) and Lord [iv) Roberts v. Dixwell, 1 Atk. 609. {x) Hearle v. Greenbank, 3 Atk. "715, 716; and see Bennet v. Davis, 2 P. "W. 316. (y) Morgan v. Morgan, 5 Mad. 408 ; Follett v. Tyrer, 14 Sim. 125. (z) Morgan v. Morgan, 5 Mad. 411. (a) 2 P. W. 316. {b) See Hearle v. Greenbank, 3 Atk. Y15, 716 ; Morgan v. Morgan, 5 Mad. 408. (c) Chaplin v. Chaplin, 3 P. W. 234 ; Attorney-General v. Scott, Rep. t. Talb. 139. {d) Burgess v. Wheate, 1 Ed. 196-198. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 509 Loughborough,(e) regarded curtesy as the exception ; and tlic ground upon which they proceeded was, that as trusts followed the likeness of the use, and there was no curtesy of the use, there could be none of the trust. On the other hand, Sir J. Jekyll,(/) Lord Hardwicke,(ryr) Lord Cowper,(/i) Lord Mansfield,(i) Lord Henley,(^) and Lord Iledesdale,(^) thought that consistency would be restored by the admission of the title to dower ; for, since the Statute of Frauds, they argued the system of trusts had undergone considerable alteration, and was conducted at pre- sent upon a much more liberal footing : the rule now was, that, as be- tween the cestui que trust and the trustee and all claiming by or under them, whoever would have a right against the legal estate had a like right against the equitable. Thus, either argument had a fair show of reason to support it ; but the latter view was, no doubt, more in harmony with the system of trusts as at present established. Why the courts should have been induced to leave dower an excep- tion, has been accounted for, not more ingeniously, than satisfactorily, by Lord Redesdale : — "The courts of equity," he said, "had assumed as a principle in acting upon trusts to follow the law; and, according to this principle, they ought in all cases where rights attached on legal estates to have attached the same rights upon trusts, and consequently to have given dower of an equitable estate. It was found, however, that in cases of dower, this principle, if pursued to the utmost, would affect the titles to a large proportion of the estates in the country ; for that parties had been acting on the footing of dower upon a contrary princi- ple — that by the creation of a trust the right of dower would be pre- vented from attaching. *Many persons had purchased under ^ _^ this idea ; and the country would have been thrown into the L " J utmost confusion, if courts of equity had followed their general rule with respect to trusts in cases of dower. But the same objection did not apply to tenancy by the curtesy ; for no person would purchase an estate subject to tenancy by the curtesy without the concurrence of the person in whom that right was vested. Pending the coverture, a woman could not aliene without her husband, and therefore nothing she could do would be un- derstood by a purchaser to affect his interest. But when the husband was seised or entitled in Ms oion right, he had full power of disposing, except so far as dower might attach ; and the general opinion having long been that dower was a mere legal right, and that, as the existence of a trust estate previously created prevented the right of dower from attaching at law, it would also prevent the property from all claim of dower in equity, and many titles depending on this opinion, it was found that it would be mischievous, in this instance, to act on the general prin- ciple. "(?n) Now, by a late act,(n) the widow is entitled to dower in equity where the husband shall die beneficially entitled to any interest (not conferring (e) Dixon v. Savilie, 1 B. C. C. 327. (/) Banks v. Sutton, 2 P. W. 713, 714. (y) Casburne v. Casburne, 2 J. & W. 200. {h) Watts v. Ball, 1 P. W. 109. (?) Burgess v. Whoate. 1 Ed. 224. {k) lb. 249-251. (Z) D'Arcy v. Blake, 2'Sch. & Lef. 388. (m) D'Arcj' v. Blake, 2 Sch. & Lef. 388. (n) 3 & 4 W. 4, c. 105. March, 1858.— 33 510 LEWIN OX THE LAW OF TKUSTS, ETC. a title to dower at law^) which, whether wholly equitable, or partly legal and partly equitable, shall be an estate of inheritance in possession, or equal to an estate of inheritance in possession, other than an estate in ioint tenancy. (o) But in either case the wife will not be entitled to dower out of any property absolutely disposed of by the husband in his lifetime or by will.(j^) Add by the act a widow is not entitled to dower out of any land, when in the deed of conveyance thereof to her husband, or in any deed executed by him, it shall be declared that his widow shall not be entitled to dower ^(j) and the widow's right of dower will also be barred by the husband's declaration of intention contained in his will.(r) f^pcyj-] The act does not extend to *the dower of any widow married on »- "^ -I or before the 1st day of January, 1834, and does not affect copy- holds, (s) SECTION V. OF THE ESTATE OF A FEME COVERT CESTUI QUE TRUST. Under the above title we shall first advert shortly to the effect of marriage upon property, held upon trust for a /erne covert simply, and not for her separate use; treating, in order, of pure personalty, chattels real, and real estate of freehold or inheritance ; and we shall then proceed to consider the nature of the wife's separate estate. 1. As respects pure personal estate, such as chattels personal, money, legacies, and choses in action not settled to the wife's separate use, the husband's power depends in cases of trust just as in cases where the title of the wife is legal, upon the fact of rechiction into 2^ossession.{t\ If the ■wife's equitable interest be possessory, and the trustee be willing to faci- litate the reduction into possession by payment, transfer, &c., to the hus- band, the /erne's rights are at an end. Nothing, however, short of an actual reduction into possession will sufl&ce ; and in the absence of reduc- tion by the husband during his life, the equitable interest goes to the wife by survivorship. It follows from what has been stated, that where the wife's interest remains reversionary until after the husband's death, and the wife survives, she necessarily takes by survivorship. («) And a similar principle applies, where the interest of the wife may be viewed as partly possessory and partly reversionary, — as where the wife is entitled during her own life ; in which case, the husband cannot bind the interest of the wife beyond the duration of the coverture. (i;) So, even if the husband assign the wife's reversionary interest, and it subsequently, during the husband's lifetime, become possessory, the wife's right by (o) Sect. 2 ; and see Smith v. Spencer, 2 Jur. N. S. T'ZS. (p) Sect. 4. iq) Sect. 6. This enactment operates prospectively only, and does not apply to a declaration against dower contained in a conveyance executed previously to the act. See Noble v. Fry, 20 Beav. 598, and sect. 14 of Act. (r) Sect. 7. (s) Powdrell v. Jones, 2 gm. & Gif. 407. [t) Purdew v. Jackson, 1 Rus3.45, 46. («) Purdew v. Jackson, 1 Russ. 1 ; Honner v. Morton, 3 Russ. 65. iy) Stiffe V. Everitt, ] M. & Cr. 37 ; Harley v. Harley, 10 Hare, 325. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 511 ^survivorship remains, unless reduction into possession be actually pp.^o-i effected by the husband in his lifetime. (!c) L - J So fiir the analogy between interests legally vested in the feme, and those which are held for her by a trustee, is perfect ; but in the case of the equitable interest, the husband's rights are further subject to the wife's equity to a settlement. This equity appears to have had its origin(x) in cases where the trustee, declining to pay, transfer, &c., the icife's possessor!/ interest to the husband, and the husband filing a bill against the trustee to compel ^ja^me/i^, transfer, &c., the court held that those who seek equity must do equity ; and declined to assist the husband in obtaining the wife's equitable interest, except upon the terms of some portion of it being settled for the benefit of the wife and her issue.(y) But whatever may have been the source of this equity, it is undoubt- edly one which the wife has a right, according to the now established practice of the court, to assert actively, either by bill,(?-) or, in the case of an already existing suit, by petition,(a) at any time before the husband has finally reduced the' equitable interest into possession. It is equally clear that the equity is one which the wife has a right to waive, by con- senting in open court to the receipt of the equitable interest by the husband. It must be remembered, that the wife's equity to a settlement, and her right by survivorship, are two entirely distinct things. The former arises only when the fund is ready for reduction into possession and may be waived by the wife in open court ; the latter the wife cannot, by any act during coverture, deprive herself of; and the court, as we have seen else- where,(i) treats as nugatory any act done by the husband, or by his pro- curement, for the purpose of rendering the wife's -^reversionary [-*p9q-i interest possessory, and thus diminishing her rights by survivor- L "'J ship. 2. The effect of marriage being, as a general rule, the same upon equi- table as upon legal interests, it follows that, as the husband may assign the chattels real of the wife at law, so he may assign her trust of a terux in equity,(c) though it be merely a contingent interest j(rZ) and, of course without the concurrence of either the wife or the trustee, and without consideration. And this doctrine has not been interfered with by the case of Purdew v. Jackson ;(e) for a trust of chattels real is not a chose in (w) Allison v. Elwin, 13 Sim. 309: Ashby v. Ashbj, 1 Coll. 553: Baldwin v. Baldwin, 5 De Ges & Sm. 319. (x) See Bosvil v. Brander, 1 P. W. 458 ; Browne v. Elton, 3 P. W. 202. (ij) As to the present practice of the court in settling the whole or part, see pp. 369, 370, supra, and cases there referred to. (2) Lady Elibank v. Montolieu, 5 Vesey, 737. (a) Greedy v. Lavender, 13 Beav. 62 ; Scott v. Spashett, 3 Mac. & Gor. 599. (6) Pages 371, 372, supra. (c) Roupe v. Atkinson, Bumb. 162 ; Mitford v. Mitford, 9 Yes. 99, per Sir W. Grant; Packer v. Wyndham, Pr. Ch. 418,419, per Lord Cowper; Franco v. Franco, 4 Ves. *528, per Lord Alvanley; Bullock v. Knight, 1 Ch. Ca. 266, per Lord Not- tingham ; Sanders v. Page, 3 Ch. Re. 223, per Cur.; Macaulay v. Phillips, 4 Ves. 19, per Lord Alvanley; Wikes's case, Lane, 54, per Barons Snig and Altham; S. C. Roll. Ab. 343 ; Jewson v. Moulson, 2 Atk. 421, per Lord Hardwicke ; lucledon V. Northcote, 3 Atk. i3o, per eundem; Clark v. Burgh, 2 Coll. 221. {d) Donne v. Hart, 2 R. & M. 360. (0 1 Kuss. 1. 512 LEWIN ON THE LAW OF TRUSTS, ETC. action, but a present interest — an estate in possession. (/) If, however, the equitable interest in the chattel be such that it could not by possi- bility vest in the wife during the coverture, then, inasmuch as a legal interest of a similar kind could not be disposed of by the husband, he cannot dispose of the equitable one.(^) Whether the doctrine regarding the wife's equity to a settlement ex- tends to the equitable chattels real of the wife, has been much doubted. It was held in a late case, by Vice-Chancellor Wigram, as a result of the principles laid down by Lord Cottenham, in Sturgis v. Champneys,(/t) that even where the husband could dispose of the equitable chattel, the wife was entitled to a provision out of the equitable interest as against the assignee of the husband, for valuable consideration. (i) The opinion of the vice-chancellor himself was the other way, but he considered him- self bound by the authority of the chancellor in the case referred to. r*fi^m *The result of these decisions is very remarkable. Thus, a L -I mortgage by the husband of the wife's legal term bars her of all right, except in the equity of redemption ;(A;) while under a similar mort- gage of the equitable term, she would have an equity to a settlement as against the mortgagee. Again, the legal reversionary term of the wife, provided it be such as may by possibility vest during the coverture, is capable of absolute assignment by the husband ; and the wife has no right by survivorship, such as exists in the case of her cliose in action, whereas as respects the assignment of a similar equitable interest, there would be an equity to a settlement in the wife. Supposing then the not improba- ble case to arise of an actual assignment by the husband of the wife's equitable term, and of his death before any question raised as to the rights of the parties, the court will have to decide, either that the wife's equity to a settlement may be asserted after the husband's death (an entirely new doctrine,) or that the death of the husband places the assignee in a better position than he was in so long as the husband lived. The diffi- culties, indeed, of applying the doctrine of the ivi/e's equity to the case of chattels real, must, undoubtedly, prove considerable ; but it can be hardly expected, that the steps of which Lord Cottenham, in Sturgis v. Champneys, took the first, will now be retraced. It is conceived that if the husband, or the assignee from him of the wife's equitable term, can procure an assignment of the legal estate from the trustee, the wife's equity to a settlement is at an end ; but the point is untouched by authority. If a judgment be acknowledged to A. in trust for 2, feme so?e, and she marries, and the conusee of the judgment sues an elegit, and possession of the lands is delivered to him in trust for the wife, the husband may assign the extended interest, as he might have assigned the trust of a term (/) See Mitford v. Mitford, 9 Ves. 98, 99; Holland's case, Style, 21 ; Burgess v. Wheate, 1 Ed. 223, 224; Box v. Jackson, 1 Drurj, 84. {(j) Duberly v. Day, 16 Beav. 33. (/i) 5 M. & Cr. 97 ; and see Wortham v. Pemberton, 1 De Gex & Sm. 644. (i) Hanson v. Keating, 4 Hare, 1. (;;) Hill V. Edmonds, 5 De Gex & Sm. 603 ; Clark v. Cook, 3 De Gex & Sm. 333. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 513 certain ;(?) and the law is the same where the feme is put in possession of lands by a decree of the Court of Chancery until a certain sum he raised by way of cquitcible eleQit.[m) But a mere judgment, recovered by the *wife before the coverture, is clearly a chose in action, and as pgg^^-i such cannot be disposed of by the husband, except by actual re- L J duction into possession. (n) And it has been held that a mortgage term in trust for the wife,(o) or a term in trustees for raising a portion for her, (^p) may be assigned by the husband so as to carry the beneficial interest. But in these cases a doubt arises whether the debt or portion may not be held to be the prin- cipal thing ] and as the doctrine that a cliose in action of the wife is not disposable by the husband is of far more recent date than the decisions referred to, the question cannot be considered as settled. The cases in which it has been held under the order and disposition clause in bank- ruptcy, that the land draws with it the debt, so as to exclude the opera- tion of the clause, tend strongly to support the old authorities, but are hardly decisive. ((^) A second husband may assign the trust of a term limited to the separate use of a/eme upon her first marriage, or during her first cover- ture, unless it appear that it was the intention to extend the separate use to a subsequent marriage.(r) It was held, indeed, by Lord Nottingham in Sir Edward Turner's case,(s) that a term thus limited could not be disposed of by the second husband; but the decree, it is said, originated in mistake ;(<) and was reversed in the house of lords on appeal. (ji) 3. The case of the wife's equitable estate in lands of freehold or of inheritance, presents in the main the same general similarity to that of her legal estate in like lands as has been noticed in the case of chattels real. Thus the husband without the wife can, in the case of the equitable as in that of the *legal interest, convey an estate r*(332-j for the joint lives of himself and his wife, or for his own life >- -• after issue born. So he and his wife conjointly can, by deed acknow- ledged by the latter under the Fines and Recoveries Act, dispose of the equitable as of the legal interest, and bar an equitable entail as they might a legal entail, by deed enrolled in chancery. But according to Lord Cottenham's decision in Sturgis v. Champnej-s, the sole acts of the husband cannot affect the wife's equity to a settlement ; and his power over the equitable interest is, in this respect, less extensive than that which he possesses over the legal. And it has been held, that the mere [l) Lord Corteret v. Paschal, 3 P. W. 201, per Lord King. But this was before the case of Purdew v. Jackson, 1 Russ. 1. (m) S. C. ib. 19T. {n) Fitzgerald v. Fitzgerald, 8 Com. B. R. 611. (o) Bates V. Dandy, 2 Atk. 207 : Packer v. Wyndham, Pr. Ch. 412, see 418. (p) Walter v. Saunders, 1 Eq. Ca. Ab. 58 ; Incledon v. Northcote, 3 Atk. 430, see 435 ; and see Mitford v. Mitford, 9 Yes. 99 ; Hore v. Becher, 12 Sim. 4G5. {q) Jones v. Gibbons, 9 Vesey, 407 ; and see Rees v. Keith, 11 Sim. 388. (r) Tudor v. Sarayne, 2 Vern. 270; Barton v. Briscoe, Jac. 603; Knight v. Knight, 6 Sim. 121 ; Benson v. Benson, ib. 126 ; and see Howard v. Hooker, 2 Ch. Re. 81 ; Edmonds v. Deunington, cited Carleton v. Earl of Dorset, 2 Vern. 17. (s) 1 Ch. Ca. 307. \t) See Sanders v. Page, 3 Ch. Re. 224 ; but see Pitt v. Hunt, 1 "^ ern. 18. \u) 1 Vern. 7. 514 LETVIN ON THE LAW OF TRUSTS, ETC. circumstance of the existence of a jointure-term preceding the estate of a, feme covert tenant in tail in possession subject to the term, sufficiently renders the wife's estate equitable to entitle her to a settlement on a bill filed by her.(i') The effect of the husband, or the husband's assignee, procuring a con- veyance of the legal estate so as to clothe his equitable interest therewith, must be the same as in the case of an equitable term of years adverted to above. 4. We now proceed to the consideration of the wife's separate estate. Where property is settled to the separate use of a feme covert, unques- tionably it is competent to her, unless her power of anticipation be restrained,(?«) and without the concurrence of her trustees, unless the terms of the settlement require it,(:x) to deal with the property directly and expressly, precisely in the same manner as if she were a feme sole. The general principle that governs the law of separate use was laid down by Lord Thurlow, and has been recognized by the highest authori- ties, viz., that a "feme covert, acting with respect to her separate pro- perty, is competent to act in all respects as if she were 2, feme sole!'' {if) P^pr,q-i *A feme covert, therefore, as regards her separate property, L J sues separately by her next friend, and may obtain an order to answer separately,(.~) and if out of the jurisdiction be served with pro- cess by leave of the court,(a) will be bound by a submission in her bil^Z*) or answer,(o) or by a contract for sale,(fZ) and her declarations may be read in evidence against her,(e) and she will be liable to an attachment for want of answer where she answers separately,(/) and similarly for disobeying the order of the court in a suit to which she is a party in re- (w) Worthara v. Peraberton, 1 De Gex & Sm. 644. [w) The words " without power of anticipation" are those most commonly used to deprive a feme of the power of forestalling the income, but this phraseology need not necessarily be adopted, as it is a question of intention upon the whole of the instrument whether her power of anticipation was or not to be restrained. See Ross's Trusts, 1 Sim. N. S. 199; Scott v. Davis, 4 M. & Cr. 89; Doolan v. Blake, 3 Ir. Ch. Re. 349, and cases cited ib. {x) Grigby v. Cox, 1 Ves. 518, per Lord Hardwicke ; Dowling v. Maguire, Rep. t. Plunket, 19, per Lord Plunket. {y) Hulme v. Tenant, 1 B. C. C. 20. (2) Jackson v. Haworth, 1 Sim. & St. 161. (a) Copperthwaite v. Tuite, 13 Ir. Eq. Re. 68. \h) Allen V. Papworth, 1 Ves. 163. (c) Clerk v. Miller, 2 Atk. 379; Bailey v. Jackson, C. P. Cooper's Rep. 183V-8, 495. Husband and wife put in a joint answer, and the wife admitted certain in- dentures to be in her possession and claimed the estates to which the indentures related to her separate use for her life. The plaintiff moved for production, but it was argued that the answer was the husband's and could not be read as an ad- mission by the wife. However, the court said though there was some logical dif- ficulty, there was none in substance. That if the wife claimed the benefit of the separate use she must take it with its disadvantages, and ordered the production by the wife, and that the husband should permit her to produce. Cowdery v. Way, V. C. Knight Bruce, 2d Nov. 1843; and see Callow v. Howie, 1 De Gex & Sm. 534; Darbishire v. Home, 3 De Gex, Mac. & Gor. 113. {d) Davidson v. Gardner, Vend. & Purch. 891, 11th ed. ; Stead v. Nelson, 2 Beav. 248 ; and see Harris v. Mott, 14 Beav. 169. (e) Peacock v. Monk, 2 Ves. 193, per Lord Hardwicke. {/) Graham v. Fitch, 2 De Gex & Sm. 246; Taylor v. Taylor, 12 Beav. 271. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 515 spect of her separate estate,(r/) or her separate property may be ordered to be sequestered. (A) The courts have further determined, that if, without any direct or express reference to her separate property, a /erne covert bind herself by any ivrttten instrument, the implication of law is, that she meant to charge her separate estate, for except with reference to that the instru- ment was without meaning and nugatory. Thus, if a /erne covert execute a bond,(/) even to her husband,(Z:) or join in a bond with ^another pgo^-i even with her husband,(?) or sign a promissory note,[7n) or bill L '^ -1 of exchange,(n) or agree to take a leasehold house for a terms of years,(o) though she is not personally bound, yet her separate estate is liable. So if she give a written retainer to a solicitor, it entitles him to have his costs out of her separate estate, (p) though the circumstance that the solicitor of a husband and wife has transacted business relating to the separate estate is not "jjc?- se" sufficient to make that estate directly liable for the amount of his costs ;{q) and if she contract for the purchase of an estate, she may enforce it against the vendor, as it creates a valid obligation in respect of her property.(/-) And it is immaterial whether the contract expressly refer to the separate property, or whether the vendor knew or not that purchaser was a married woman. (s) In one case a /erne executed a bond he/ore her marriage, and her property having been settled upon her marriage to her separate use, the obligee filed his bill against the husband and wife to have the debt paid out of her sep- arate estate, and the husband having absconded, the court made the order, (i!) It has been stated that a /c?»e covert makes her separate property liable by the execution of any written instrument : to that extent there can be no question ; but the principles upon which the liability was held to attach were until recently involved in much doubt. Thus it was con- sidered by Lord Loughborough, (?<) Sir J. Leach, (?:) and the late vice- (g) Otway v. Wing, 12 Sim. 90. (h) Keoo-h V. Cathcart, 11 Ir. Eq. Rep. 280 ; and see cases cited ib. (j) Lillia V. Airey, 1 Yes. jun. 277; Norton v. Turvill, 2 P. W. 144; Peacoclc v. Monk, 2 Ves. 193, per Lord Lougliborough ; Tullet v. Armstrong, 4 Beav. 323, per Lord Langdale. (k) Heatley v. Thomas, 15 Ves. 596. (l) Heatley V. Thomas, 15 Ves. 596; Stanford v. Marshall, 2 Atk. 68; Hulme v. Tenant, 1 B. C. C. 20. (m) Bullpin v. Clarke, 17 Ves. 365; Field v. Sowle, 4 Russ. 112; Tullett v. Armstrong, 4 Beav. 323, per Lord Langdale; Fitzgibbon v. Blake, 3 Ir. Ch. Re. 328. (n) Stuart v. Kirkwall, 3 Mad. 387; Coppin v. Gray, 1 Y. & C. Ch. Ca. 205 ; Tullett V. Armstrong, 4 Beav. 323, per Lord Langdale. But where there is iio separate use a married woman cannot contract under the Fines and Recoveries Act. Crofts V. Middleton, 2 Kay & J. 194. (o) Gaston v. Frankum, 2 De Gex & Sm. 561 ; S. C. on appeal, 16 Jur. 507. Ip) Murray v. Barlee, 4 Sim. 82 ; 3 M. & K. 209. (q) Callow V. Howie, 1 De Gex & Sm. 521 ; and see Re Pugh, IT Beav. 336. (r) Bowling v. Maguire, Rep. t. Plunket, 1 ; but see Chester v. Piatt, Vend. & Purch. 173, 13th edit. (s) Bowling v. Maguire, Rep. t. Plunket, 1. (t) Biscoe V. Kennedv, cited Hulme v. Tenant, 1 B. C. C. 17. (w) See Bolton v. Williams, 2 Ves. jun. 142, 150, 156; Whistler v. Newman, 4 Ves. 145. . ., (v) See Greatley v. Noble, 3 Mad. 94 ; Stuart v. Kirkwall, ib. 389 ; Aguilar v. 516 LEW IN ON THE LAW OF TRUSTS, ETC. ^ „^-, chancellor *of England, («•) that the separate estate of a feme [ '^^^J covert was not subject to her general engagements, and that upon the notion that a feme covert could not contract, but that every dealing in respect of her estate was in the nature either of an appointment or of a disposition. (x) However, it is clear that a /erne covert can, in respect of her separate use, contract,(?/) and that her written obligations are not to be viewed as appointments, and do not operate merely by way of dis- position. The principles that govern the liability of a feme's separate property have been very satisfactorily explained by Lord Brougham and Lord Cottenham. " The wife," said Lord Brougham, " has a separate estate subject to her own control, and exempt from all other interference or authority ; if she cannot affect it, no one can, and the very object of the settlement which vests it in her exclusively is to enable her to deal with it as if she were discovert. At first the court seems to have supposed that nothing could touch it but some real charge, as a mortgage, or an instru- ment amounting to an execution of a power (where that view was sup- ported by the nature of the settlement,) but afterwards her intention was more regarded, and the court only required to be satisfied that she intended to deal with her separate property. When she appeared to have done so, the court held her to have charged it, and made the trus- tees answer the demand thus created against it. A good deal of the nicety that attends the doctrine of powers thus came to be imported into this consideration of the subject. If the wife did any act directly charging the separate estate, no doubt could exist, just as an instrument j^ expressing to be in execution of a power was always of course L '^ J ^considered as made in execution of it ; but so if by any refer- ence to the estate it could be gathered that such was her intent, the same conclusion followed. Thus if she only executed a bond, or made a note, or accepted a bill, because those acts would have been nugatory if done by a feme covert without any reference to her separate estate, it was held that she must be intended to have designed a charge on that estate, since in no other way could the instruments thus made by her have any validity or operation, in the same manner as an instrument which can mean nothing if it means not to execute a power, has been held to be made in execution of that power, though no direct reference is made to the power. But doubts have been, in one or two instances, expressed as to the efi'eet of any dealing, whereby a general engagement only is raised, that is, where she becomes indebted without executing Aguilar, 5 Mad. 418 ; Field v. Sowle, 4 Russ. 114 ; Chester v. Piatt, V. & P. 173, 13th ed. {ic) See Murray v. Barlee, 4 Sim. 82 ; and see Digby v. Irvine, 6 Ir. Eq. Re. 149. {x) See Bolton v. Williams, 2 Ves. jun. 150; Greatley v. Noble, 3 Mad. 94; Stuart v. Kirkwall, ib. 389 ; Aguilar v. Aguilar, 5 Mad. 418 ; Field v. Sowle, 4 Russ. 114. {y) See Owens v. Dickenson, 1 Cr. & Ph. 53 ; Dowling v. Maguire, Rep. t. Plunket, 19; Master v. Fuller, 4 B. C. C. 19; Stead v. Nelson, 2 Beav. 245; Wainwright v. Hardisty, 2 Beav. 363 ; Bailey v. Jackson, C. P. Cooper's Rep. 1837-8, 495; Francis v. Wigzell, 1 Mad. 261; Crosby v. Church, 3 Beav. 489; Tullett V. Armstrong, 4 Beav. 319. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 517 any written instrument at all.(.t) / own lean perceive no reason for drawing any such distinction. If in respect of her separate estate the wife is in equity taken as a feme sole, and can charge it by instruments absolutely void at law, can there be any reason for holding that her lia- bility, or, more properly, her power of affecting the separate estate, shall only be exercised by a written instrument ? Are we entitled to invent a rule to add a new chapter to the Statute of Frauds, and to require writing where that act requires none ? Is there any equity reaching written dealings with the property, which extends not also to dealing in other ways, as by sale and delivery of goods ? Shall necessary supplies for her maintenance not touch the estate, and yet money furnished to squan- der away at play be a charge on it, if fortified by a scrap of writing ? No such distinction can be taken upon any conceivable principle."(o) "A writing," said Lord Cottenham, " is operative upon a /e7/?e's sepa- rate estate, not by way of the execution of a power, although that has been an expression sometimes used, but, as *I apprehend, very pgo--! inaccurately used in cases where the court has enforced the con- L -^ tracts of married women against their separate estate. It cannot be an execution of the power, because it neither refers to the power, nor to the subject-matter of the power, nor, indeed, in many of the cases has there been any power existing at all. Besides, as it was argued in the case of Murray v. Barlee, if a married woman enters into several agreements of this sort, and all the parties come to have satisfaction out of her separate estate, they are ^aid jxiri j^assu ; whereas, if the instruments took effect as appointments under a power, they would rank according to the priori- ties of their dates. It is quite clear, therefore, that there is nothing in such a transaction which has any resemblance to the execution of a power ; what it is, it is not easy to define. It has sometimes been treated as a disposing of the particular estate ; but the contract is silent as to the separate estate, for a promissory note is merely a contract to pay, not saying out of what it is to be paid, or by what means it is to be paid J and it is not correct, according to legal principles, to say that a contract to pay is to be construed into a contract to pay out of a particu- lar property, so as to constitute a lien on that property. Equity lays hold of the separate property, but not by virtue of anything expressed in the contract, and it is not very consistent with correct principles to add to the contract that which the party has not thought fit to introduce into it. The view taken of the matter by Lord Thurlow, in Hulme v. Tenant, 1 B. C. C. 16, is more correct. According to that view, the separate property of a married woman being a creature of equity, it follows that if she has a power to deal with it, she has the other power incident to property in general, namely, the power of contracting debts to be paid out of it ; and in as much as her creditors have not the means at law of compelling payment of those debts, a court of equity takes upon itself to (?) It may be observed that the hite Y. C. of England ^Yhile expressing his opinion upon the hearing below, that the general engagements of the feme covert did not affect the separate estate, does not appear to have conceived that any dis- tinction existed between a written and unwritten obligation ; see 4 Sim. 94. (a) Murray v. Barlee, 3 M. & K. 223. 518 LEWIN ON THE LAW OF TRUSTS, ETC. give effect to them, not as personal liabilities, but by laying hold of the separate property as the only means by which they can be satisfied. I observe that in Clinton v. Willes, 1 Sug. Pow. 208, n., Sir Thomas Plumer suggested a doubt whether it was necessary that the feme's P^poo-i engagement should be ^secured by writing : it certainly seems L J strange that there should be any difference between a contract in writing, when no statute requires it to be in writing, and a verbal pro- mise to pay. It is an artificial distinction not recognized in any other case. On that point, however, I give no opinion at present. 'YJ) The judgments of Lord Cottenham and Lord Brougham in the cases last referred to must be held to have clearly established that the deal- ings of the feme covert with her separate estate do not operate by way of appointment or disposition, and if this be so, it is difficult to see on what ground any valid distinction can be sustained between verhal and loritten engagements, the point which was left undecided by Lord Cot- tenham. If a written promise to pay, as a promissory note, referring neither to the instrument of trust nor to the property, be held to bind the separate estate, upon what ground can a verbal assumpsit be dis- tinguished ? So long as it could be maintained that the dealing of the married woman operated by way of disposition of the separate estate, there seemed room for contending that the disposition, as being an assignment of a trust, must have been in writing;(c) but so soon as it is admitted that the general engagement in writing binds, it seems impos- sible to resist the conclusion that a verhal general engagement must bind likewise. When it is attempted to imply a promise from mere acts of the feme, which may be construed as intended to bind either her husband or herself, there seems room for a distinction, but an express verbal promise, and an express written promise to pay must, it is con- ceived, stand on the same footing. The question, however, is one which still requires further elucidation by decision, and in a late case we find Vice-Chancellor Kindersley expressing himself in the following guarded language : ''It has not yet, indeed, been made the subject of positive decision, that the principle embraces a feme's verbal engagements or cases of common assumpsit. Considering, however, the opinions expressed and p^/^oq-i t^e reason of the thing, I think *it very probable that when that L -I question arises for decision it will be decided in the affirma- tive."(fZ) It may be suggested that there is still another distinction, viz., that allowing the general engagements of the wife, whether written or un- written, to bind her separate estate, yet, supposing the doctrine of these cases to be founded on the intention to charge the settled property as implied by the circumstance that otherwise the act would be nugatory, the same principle will not apply where it was clearly not the intention of the feme to create any charge, but, if any exist, it arises upon an assumpsit in law, wholly disconnected from the actual intention. In (6) Owens v. Dickenson, 1 Cr. & Ph. 53. (c) See page 600, supra. [d) Vaughan v. Vanderstegen, 2 Drew. 183 ; and see Newcomen v. Hassard, 4 Ir. Ch. Re. 274. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 519 accordance nvith this view it was held that where a feme covert granted an annuity which was void for want of a proper memorial, the annuitant had no remedy against the separate estate for the repayment of the purchase-money, as no implication of an assumpsit could be raised against her.(e) So where a feme covert misapplied some trust-money, and had she been ^feme sole would have been liable for the amount, the court thought the cestui que trust could not charge the separate estate, in the total absence of the /erne's intention to make her property lia- ble. (/) However, there appears to be but a thin partition between the general engagements of a, feme not in writing, and an assumpsit raised in law upon facts done alio intuitu ; and considering that recent deci- sions have rather regarded the /erne covert as in all respects ^fcme sole to the extent of her separate estate, it may not be safe to rely upon cases which have evidently proceeded upon principles that have since been abandoned. Where a feme covert was privy to a breach of trust affecting the fund of which she was tenant for life to her separate use, it was decided by Lord Loughborough that she could proceed against the trustee, and compel the replacement of the *fund.(^) It would seem difficult to sup- r*g^Q-| port this decision, even on the assumption that the wife's deal- L J ings operated by way of disposition. And in a case before Lord Langdale, where a married woman had concurred actively in dealings with the trust fund, amounting to a breach of trust, and she subsequently to her husband's decease filed a bill to have the trust fund replaced, his lord- ship treated the acts of the feme as an actual disposition of the fund to the extent of her separate estate therein, and made the separate estate available in partial exoneration of the trustee's liability, (/i) In a subsequent case before Lord St. Leonards, in Ireland, his lordship expressed himself thus : '' I hope that the court may feel itself at liberty to treat a woman entitled for her separate use in possession as sui Juris, so as to bind her interest where she prevails upon her trustees to commit a breach of trust." But his lordship in the same case in which the separate use of the /erne covert was to arise upon a contingency, viz., the insolvency of the husband, which had not yet occurred, held that the feme covert could not by any act bind her interest. (/) Supposing a person entitled to establish his claim against the separate estate, the limits of his remedy appear to be these. He cannot file a bill against the /erne covert as the sole defendant and personally liable. <' There is no case," said Sir T. Plumer, " in which this court has made (e) Jones v. Harris, 9 Ves. 486; Aguilar v. Ajruilar, 5 Mad. 414; Bolton v. Williams, 4 B. C. C. 297; S. C. 2 Yes. jun. 138; but in the latter case, when be- fore Lord Thurloxv, the point was not argued, and Lord Loughborough, on the rehearing, thought he had no jurisdiction to decide it. (/■) Greatley V. Noble, 3 Mad. 79; and see Nantes v. Corrock, 9 Yes. 182; Stuart V. Kirkwall, 3 Mad. 387. {g) Whistler v. Newman, 4 Yes. 129; see observations of Lord Eldon on this case; Parkes v. White, 11 Yes. 223. {h) Crosby v. Church, 3 Beav. 485 ; and see Brewer v. Swirlcs, 2 Sm. & Giff. 219; and the observations of L. J. (then Y. C.) Turner in Hughes v. Wells, 9 Hare, pp. 772, 773 ; Hanchett v. Briscoe, 22 Beav. 496. {i) Mara v. Manning, 2 Jones & Lat. 311. 520 LEWIN ox THE LAW OP TRUSTS, ETC. a persona? decree against a /t'?ne covert. She may pledge her separate property and make it answerable for her engagements ; but where her trustees are not made parties to a bill and no particular fund is sought to be charged, but only a personal decree against her, the bill cannot be sustained. 'Y/i;) But the party aggrieved may file a bill against her and her trustees, (and the death of the husband, which puts an end to the separate use, either after the filing of the bill,(Z) or even before r*rm i*'("0 ^^^^ ^^^ ^^^^at the *suit,) and may pray payment of his L -I demand out of vAX j)ersonal estate in the hands of the trustees to which she is entitled absolutely, (including arrears of rents,) and also out of the accruing interest or rents, if there be no clause against antici- pation, until the claim and costs have been satisfied. (w) "Determined cases," said Lord Thurlow, "seem to go thus far, that the general engagement of the wife shall operate upon \ieY personal pro- perty, shall apply to the rents andprofits of her real estate, and that her trustees shall be obliged to apply j^^rsojicd estate, and rents and ])7'oJits lohen they arise, to the satisfaction of such general engagement ; but this court has not used any direct process against the separate estate of the wife, and the manner of coming at the separate property of the wife has been by decree to bind the trustees as to personal estate in their hands, or rents and profits, according to the exigency of justice or of the engage- ment of the wife, to be carried into execution." His lordship then adds, " I know of no case where the general engagement of the wife has been carried to the extent of decreeing that the trustees of her real estate shall make conveyance of that real estate, and by sale, mortgage, or otherwise, raise the money to satisfy that general engagement on the part of the wife."(o) But it is conceived that if in any case the instru- ment were so specially worded as to place the corpus also at the disposal of the. feme covert as entitled to it for her separate use, the engagements of the wife would, upon principle, bind the whole interest settled to the the separate use, whether corpus or income. If there be a clause against anticipation, the court directs payment out of the /erne's separate estate, except that part of which she has no power of anticipation. (;:)) But where there is a restraint upon anticipation the r*64'?l 6°o^g^™^^ts oi tbe *wife will operate upon any arrears of the '- "'-' separate use that may have already accrued. (5) In one case the court refused to hold the bank annuities of a feme covert liable, as stock could not in the case of a person sui Juris be taken in execution ;(?•) but now that stock in available to the creditor,(s) the distinction may be considered as gone. (' (^ (k) Francis v. Wigzell, 1 Mad. 262. {1} Field v. Sowle, 4 Russ. 112. (m) Heatley V. Thomas, 15 Ves. 596; but see Keuare v. Delavall, 1 Vern. 326. (n) Hulme v. Tenant, 1 B. C. C. 20 : Standford v. Marshall, 2 Atk. 68 ; Murray V. Barlee, 4 Sim. 82 ; 3 M. & K. 209 ; Field v. Sowle, 4 Russ. 112 ; Nantes v. Cor- rock, 9 Ves. 182; Bullpin v. Clarke, 17 Ves. 365; Jones v. Harris, 9 Ves. 492, 493, 497; Stuart v. Kirkwall, 3 Mad. 387. (0) Hulme V. Tenant, 1 B. C. C. 20, 21 ; and see Broughton v. James, 1 Coll, 26. (p) Murray v. Barlee, 4 Sim. 95. (?) Fitzgibbon v. Blake, 3 Ir. Ch. Re. 328. (r) Nantes v. Corrock, 9 Ves. 182. («) 1 & 2 V.. c. 110, s. 11. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 521 After the death of the /erne covert the creditor may file a bill for pay- ment of his debt out of her separate estate, (?) and whei*e there are other creditors, specialties and simple contract debts will be paid pari passit, as the separate property is considered equitable assets. (w) A. feme covert has, as incident to her separate estate, a power to dis- pose of it, and of all accumulations therefrom, by testamentary instru- ment in the nature of a will.(y) And if a/emc leave a will and make bequests, the usual course of administration will be observed. Thus the undisposed of estate will be first applied, then, general legacies, and, if there still be a deficiency, the specific legacies. (?<;) If a feme having personal estate settled to her separate use die with- out disposing of it, the husband will be entitled to it; as to so much thereof as may consist of cash, furniture, or other personal chattels in his marital right, and as to so much as may consist of " choses in action," upon taking out administration to his wife. (a;) If the husband receive the wife's separate income, though there was a clause against anticipation, (^) and the wife survives, it is clear that she or her personal representative cannot claim against his estate more than one year's arrears, but it is still sub judice whether the wife or her repre- sentative *can claim even so much. Lord Macclesfield, (2) Lord j-^p ,0-1 Talbot,(a) Lord Loughborough,(&^ Sir "W. Grant,((?) and Lord L J Chancellor Brady((:Z) held that the wife or her representative could claim nothing. On the other hand, in the judgment of Sir T. Sewell,(e) Lord Camden,(/) Lord King,(^) Lord Hardwicke,(/i) Lord Eldon,((') Sir J. Leach,^^;) Sir J. Stuart,^/) and Lord St. Leonards,^??!,) the husband's estate is liable to an account for one year. The more commonly received opinion in the profession is thought to be that an account for one year should be given. (n) {t) See Owens v. Dickenson, 1 Cr. & Phil. 48 ; Gregory v. Lockyer, 6 Mad. 90. [u) Anon. 18 Ves. 258; Owens v. Dickenson, 1 Cr. & Ph. 53, per Lord Cot- tenham. [v) Fettiplace v. Gorges, 1 Ves. jun. 46; Humpherey v. Richards, 2 Jur.N. S. 432. \w) Norton v. Turvill, 2 P. W. 144. \z) Molonv V. Kennedy, 10 Sim. 254; Bird v. Peagrum, 13 Com. B. E. G39; Johnstone v.'Lumb, 15 Sim. 308 ; Drnry v. Scott, 4 Y. & C. 2G4. (.y) Rowley v. Unwin, 2 Kay & J. 138. (z) Powell v. Hankey, 2 P. W. 82. (a) Fowler v. Fowler, 3 P. W. 353. (N. B. A case of pin-money.) (6) Squire v. Dean, 4 B. C. C. 325 ; Smith v. Camelford, 2 Ves. jun. TIG. (c) Dalbiac v. Dalbiac, 16 Ves. 126. {d) Arthur v. Arthur, 1 1 Jr. Eq. Re. 511, (e) Burdon v. Burdon, 2 Mad. 286, note. (/) lb. p. 287, note. {g) Countess of Warwick v. Edwards, 1 Eq. Ca. Ab. 170. In Thomas v. Ben- net, 2 P. W. 341, his lordship probably held only that ten years' arrears could not be given. (h) Townshend v. Windham, 2 Ves. sen. 7 ; Peacock v. Monk, 2 Ves. sen. 190 ; Aston V. Aston, 1 Ves. sen. 267. (i) Parkes v. White, 11 Ves. 225; Brodie v. Barry, 2 Ves. & B. 36. (k) Thrupp V. Harman, 3 M. & K. 513. (/) Lea v. Grundy, 1 Jur. N. S. 953. (m) Property as administered, by D. P., p. 1G9. (w) In Howard v. Digby, 2 CI. & Fin. 643, 665, Lord Brougham thought that in separate rise, as distinguished from phi-moner/, the wife or her representatives could recover the whole arrears, but this is clearly untenable ; see Arthur v. Arthur, 11 Ir. Eq. Rep. 513. In the same case the V. C. of England, when the cause was before hira, hesitated whether the general rule gave an account for a year or none at all; see Digby v. Howard, 4 Sim. 601. 522 LEWIN ON THE LAW OF TRUSTS, ETC. Tlie principle upon wliich tlie relief is tlius limited is that tlie court presumes the acquiescence of the wife in the husband's receipt dc anno in annum. If, therefore, the wife did not in fact consent to the hus- band's receipt, but remonstrated and required that the separate income should be paid to herself, which was promised, the court will carry back the account of the arrears to the time of the wife's assertion of her claim. (o) But the court requires very clear evidence that the demand - . .-, was seriously pressed by the wife, and will not charge the *hus- L -I band's estate from any idle complaints against his receipt which the wife may have occasionally made.Q:>) As the court proceeds upon the notion of the wife's acquiescence, the question arises where she is non compos, and so incapable of waiving her right, whether the husband's estate shall not be liable for the entire arrears; and it would seem that in such a case the husband's estate must account for the whole, but that the husband's estate will be entitled to an allowance for payments made for the wife's benefit, and which ought properly to have fallen on her separate estate.(g') In Howard v. Digby(?-) a woman's pin-money was distinguished from ordinary separate use, and it was h'^ld as to pin-money that the wife's representatives{s^ could make no claim to any arrears. The ground upon which the house proceeded was, that pin-money was for the personal use and ornament of the wife, and the husband had a right to see the fund properly applied, and that if the husband himself found the necessaries for which the pin-money was intended, the wife or her representative could have no claim against the husband's estate when the requirements for her personal use and ornament had ceased, (i) Lord St. Leonards has justly questioned these principles,(ij) and it remains to be seen whether Howard v. Digby will be followed, except under exactly similar circum- stances. In the foregoing discussion of the "separate use," no distinction has been taken between real and personal estate. It must be observed, how- ever, that in the case of realty it was formerly held that the feme covert r*r4^n could not by virtue of *the separate use, if there were no express L J power, dispose of the freehold, at least not for any larger interest than during the coverture,(y) for between real and personal estate it was (o) Ridout T. Lewis, 1 Atk. 269 ; Moore v. Moore, 2 Atk. 272 ; see Moore v. Earl of Scarborough, 2 Eq. Ca. Ab. 156; Parker v. Brooke, 9 Ves. 583. {p) Thrupp V. Harman, 3 M. & K. 512. [q) Attorney-General v. Parnther, 3 B. C. C. 441, 4 B. C. C. 409; Howard v. Digby, 2 CI. & Fin. 671, 673. (r) 2 CI. & Fin. 634; 4 Sim. 588. («) Lord Brougham considered that the wife herself might in her lifetime have recovered one year's arrears; see 2 CI. & Fin. 643, 653, 659. {t) Pin-money, said Lord Hardwicke, shall not be allowed for more than one year, not merely on a supposal of her having given the arrears to her husband, but on this ; that having lived with the husband she is supposed to have received satis- faction that way; Aston v. Aston, 1 Ves. sen. 267 ; and see Fowler v. Fowler, 3 P. W. 355. (m) Law of Property as administered, by D. P., p. 162. \v) Churchill v. Dibben, 2 Lord Kenyon's Rep. 2d part, 68, p. 84 ; case cited in Peacock v. Monk, 2 Ves. 192 ; and see 2 Rop. Husb. and Wife, 182, 2d ed. ; 1 Sand, on Uses, 345, 4th ed. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 523 said tliere was this distinction, that on the death of the fejnc in her hus- band's lifetime, the absolute interest in the personal estate would devolve on the husband, but the inheritance of the real estate would descend upon the heir, who was not to be disinherited but in some formal mode. However, the favour shown anciently to the heir, has in later times been disregarded : and it is presumed that at the present day, if lands be con- veyed to a trustee and his heirs upon trust as to the fee simple for a feme covert " for her separate use," she may deal with the fee as if she were a feme sole.[ic) It is simply a question of intention. A married woman may have limited to her a power of disposition over a fee simple estate, and if the separate use be so worded as to show that the separate use was meant to extend not only to her life-interest but to the fee, she ought, upon principle, to be able to deal with the absolute property by virtue of the separate use, whether by act inter vivos, or by testamentary instrument, as fully as she might in the case of personal estate. It can- not, however, be said that the question is free from doubt. In a late case in Ireland,(a;) Sir T. B. C. Smith, master of the rolls, appears to have considered the freehold interests of the wife extending beyond her own life settled to her separate use as forming a special exception ; and where freehold and copyhold premises were devised to a feme covert for her separate use, and the wife entered into a contract for sale and died, having devised the property to her husband, who filed a bill against the purchaser for specific performance, the court considered the question of the wife's power to devise the estate as being too doubtful to r^g^g-i ^compel the defendant to take the title in the absence of the L J heir.(_y) It has been decided that where a feme is dealing with property by virtue of her separate use, the deed need not be acknowledged by her under the Fines and Kecoveries Act.(s) SECTION Yl. OF JUDGMENTS AGAINST THE CESTUI QUE TRUST. Before entering upon this topic, it may be useful to notice briefly how legal interests stand afi"ccted by judgments. At common lav: the plaintiff in the action had only two writs of exe- cution open to him against the property of the defendant: the fieri facias, to levy the debt de bonis et cataUis; and the levari facias, to levy \i dc terris ct cataUis.{a) The execution under the latter writ affected no in- terest in land of a higher description than a mere chattel interest, which last the sheriff might sell in like manner as a personal chattel, and affected not i\\Q possession of the lands,(Z^) but merely enabled the sheriff, (w) See Stead v. Nelsou, 2 Beav. 245 ; Wainwright v. Ilardisty, lb. 363; Crosby V. Church, 3 Beav. 485 ; Baggett v. Meux, 1 Coll. 138 ; 1 Phill. 62'? ; see p. 628 ; Major V. Lansley, 2 R. & M. 355. (z) Newcomen v. Hassard, 4 Ir. Ch. Rep. 274. (y) Harris v. Mott. 14 Beav. IGO. (2) Newcomen v. Hassard, 4 Ir. Ch. Rep. 268. (a) Finch's Law, 471. (6) Id. 471 ; Sir E. Coke's case, Godb. 290. 524 LEW IX ON THE LAW OF TRUSTS, ETC. besides taking the chattels, to levy the debt from the present profits, as from the rents payable by the tenantS;(c) and the emblements,((?) that is, the corn and other crops at the time growing on the lands. (e) If the sheriff, when he made his return, had not levied the full amount of the debt, a new levari facias might have issued, to be executed by the sheriff in like manner.(/)(l) ^^ *In order to provide for the creditor a more effectual remedy, L J the Statute of Westminster((/) introduced the writ of elegit, and enacted, that when debt was recovered or knowledged, or damages awarded, the suiter should at his cJioice(Ji) have a writ of Jieri facias(^i) from the debtor's lands and chattels, or that the sheriff should deliver to him all the chattels of the debtor, except his oxen and beasts of the plough, and one-half of his land, until the debt should be levied ujwn a reasonable price or extent. It was by virtue of this statute that judgment creditors were first enabled to sue execution of one moiety of the debtor's lands, whether vested in him at the time of the judgment or subsequently acquired. Chattel interest in lands were, even be/ore the Statute of Frauds, not bound until after execution awarded. And since the statute, according to the better opinion, they have, as falling within sect. 16, been bound only from the delivery of the writ to the sheriff; and it would seem that, by the 19 & 20 Vict. c. 97, s. 1, the protection conferred by the Statute of Frauds has, in favour of persons bona fide and for value acquiring a title without notice, been extended to the time of actual seizure. (7i) ._ *We now come to the inquiry, what is the effect of judgments L J upon interests in eqxdty ? (r) Finch's Law, 472; Davy v. Pepys, Plowd. 441. {d) 4 Com. Ab. 118. (e) Harbert's case, 3 Re. 11 b ; 2 Inst. 394 ; 2 Bac. Ab. Execution (C) 4, note (5). (/) F. N. B. 265. {g) 13 Ed. 1, st. 1, c. 18. \h) Whence the terra elegit. (i) In these words the legislature meant to include the two writs oi fieri facias and levari facias. 2 Inst. 395. {k) The word ''goods" used in the latter act is the same as that used in the Statute of Frauds. The only doubt would seem to be whether the words actual seizure can be held to apply to a chattel real. (1) There was also another species of levari facias, of which the plaintiff might under particular circumstances, have indirectly availed himself. In case the de- fendant was outlawed in the action, the sheriff, on the issuing of the capias utle- gatum, took an inquisition of the lands of the debtor, and extended their value, and made his return to the Exchequer. A levari facias from the crown then fol- lowed, commanding the sheriff to levy the extended value decxitibus, from ih&issues of the lands, till the plaintiff should be satisfied his debt. These issues were de- fined to be the "rents and revenues of the land, corn in the grange, and all move- ables, except horse, harness, and household stuff." 13 Ed. 1, c. 39, st. 1 ; 2 Inst. 453. The sheriff might have agisted or mown the grass. Britten v. Cole, 5 Mod. 118, per Lord Holt. But if at the date of the inquisition, the agistment was already let, the money agreed to be paid was a sum in gross, and was not subject to the levari facias. S. C. 1 Raym. 301, per eundem. The cattle of a stranger, if levant and couchant on the land, were seizable under the writ, as included in the word " issues." S. C. lb. 305. The lands were bound by the levari facias from. the date of the writ, so that any subsequent disposition, though it served to pass the freehold and possession, yet did not interrupt the king's title to the profits, lb. 307, per Lord Holt. PROTERTIES OF CESTUI'S QUE TRUST ESTATE. 525 First, with respect to i\iQ fieri facias, it is clear that under the system of uses no relief could have been granted ; for the creditor, coming in by operation of law, did not possess thatp/vY-i/y of estate which could alone confer upon him the right to sue a suhjioina. During the earlier period of trusts the same technical notions prevailed ; but Lord Nottingham introduced a more liberal principle, and established, what is now law, that a creditor who was prevented from executing the legal process by the interposition of a trust, might come into chancery, and prosecute an equitable fieri facias.{T) But as the analogy to law must be strictly pursued, the trust of a chattel cannot be attached in equity until the writ of execution has been actually sued out ; for till that time there is no Jien upon the debtor's effects, which is the very ground of the application. T/w.) And as equity only follows, and does not enlarge the law, the judg- ment creditor has no title to relief where the chattel of which the trust has been created, is not in itself amenable to any legal process. An opinion, indeed, is subjoined to the case of Horn v. Horn in Ambler,(?<) that a trust of stuck might, before the late act, have been taken by a judgment creditor in equitable execution ; and Taylor v. Jones,(o) before Sir W. Fortescue, M. R., was even a decision to. the same effect; but such a doctrine, inasmuch as stock could not have been reached at law, was clearly contrary to all principle, and afterwards incurred the express disapprobation of Lord Thurlow,(jj) Lord Planners, (g) Sir W. Mac- Mahon,^/-) Sir Archibald *Macdouald,(x) and Lord Eldon •,[t^ r^piQ-i Lord Thurlow observing, that the opinion in Horn v. Horn was L j so anomalous and unfounded, that forty such would not satisfy his mind.(jt) Now, however, by the late act for extending the remedies of creditors {1 k 2 Vict. c. 110, s. 14,) a judgment debtor's interest in stock, whether legal or equitable, is rendered available for the payment of debts.(i;) The judgment creditor is of course entitled to the same relief (subject to such restrictions as we have mentioned) against the equity of redemp- tion of a chattel. (i) where a person had mortgaged an estate in fee, and then contracted to sell, and afterwards, before the conveyance, acknowledged a judgment. Sir J. Leach said, " An assignee for valuable consideration is discharged of the claim of the judgment creditor, unless he had notice of it before the consideration jJaid. If A., before the actual conveyance to him, had received notice of the judgment, then, being a purchaser of an equitable interest in a freehold estate from the debtor, and not having paid his purchase-money, he would have been equally (/) Cited Forth v. Duke of Norfolk, 4 Mad. 506, note (a). (m) 4 Mad. 503. [*655] 530 LEWIX ON THE LAW OF TRUSTS, ETC. affected with the judgment as tlie debtor himself; and if he had after- wards paid the whole purchase-money to the debtor, he would have still remained hable to the judgment creditor." But in a subsequent case Sir L. Shadwell said, '•' he should not have o-iven the opinion which the learned Serjeant had done, for it appeared to him that from the time H. A. S. entered into binding contracts to sell the lands, he not having judgments against him at that time, the pur- chasers had a right to file a bill against him, and have the legal estate conveyed. "(?t) And it may be argued that if the vendor die after the contract, but before the conveyance, the purchase-money would go to the executor ;(o) and that if the contract work a notional conversion of the land into money in respect of the vendor's representatives, the same con- sequence ought to follow in respect of the vendor's judgment creditors. The case where A. conveys to trustees upon trust to sell for a limited r*R'Rn purpose, as payment of incumbrances, and to pay the *surplusto L -I himself, and where, before sale, a judgment is entered up against A., presents still more difficulty than that last discussed ; as does also the case of a mortgage by A. with power of sale to the mortgagee and of a judgment entered up before sale. It is of course clear that in either case the power of giving receipts binds as against the judgment creditor, so that a purchaser from the trustee or mortgagee is not concerned to see that the judgments are satisfied ;0j) but this still leaves open the question whether the judgment was, under the old law, a lien or charge on the pro- ceeds in the hands of the mortgagee or trustee, a point, however, which is now unimportant, save so far as it bears upon the present state of the law. How far the principles discussed in Foster v. Blackstone and the other cases referred to are applicable to the altered state of the law under the 1 & 2 Vict. c. 110, has not yet been settled. As between the purchaser and the judgment creditor, the power of the trustee or mortgagee to give receipts, remains, it is conceived, the same. But the large words of sec- tion 13 of the 1 & 2 Vict. c. 110, will, doubtless, in many cases, confer an equitable charge where, under the old law, the judgment would not have created a lien. Thus, where A. was entitled to an annuity secured by a covenant and an assignment of leaseholds in triist to sell, it was held that A.'s interest under the deed might, under the act, be made available for payment of a judgment debt due from her.(^q\ So where a testator gave real estate to trustees upon trust to levy and raise, during the life of A., an annuity of 400?., and directed the annuity to be held upon trust for the support, clothing, and maintenance of A., the court, having pre- viously decided that the trust was one for the benefit of A. generally,(r) held that a judgment creditor of A. was entitled to a charge on the annuity under the act.(s) Again, where a person covenanted to pay A. (n) Lodge v. Lyseley, 4 Sim. 75; and see Craddock v. Piper, 14 Sim. 310, -where, however, it does not appear whether the judgments were entered up before the actual sale or the decree for sale. (o) See Farar v. Winterton, 5 Beav. 1, and Curre v. Bowver, ib. 6, note. (p) Lodge V. Lyseley, 4 Sim. 75; Alexander v. Crosbie, 6 Ir. Eq. Rep. 513. (q) Harris v. Davidson, 15 Sim. 128. (r) Younghusband v. Gisborne, 1 Coll. 400. («) S. C. 1 De Gex & Sm. 209. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. ^Zl 5000?., and tliat the sum should be a charge on certain *land, it r:(./^F7T was held that a judgment creditor of A. was entitled to a charge L ' -■ on the land in respect of A.'s interest therein. (^) -^gainj where a mort- gage with power of sale was executed, and before sale a judgment was entered up against the mortgagor, who was subsequently discharged under the Insolvent Act, and after such discharge the mortgagee sold under the power of sale, it was held that the judgment creditor was entitled to the surplus proceeds of sale.^w) It is clear therefore that, in the actual state of the law and decisions, a vendor or mortgagee holding surplus proceeds of sale in his hands could not properly be advised to pay them to the settlor or mortgagor without the discharge or concurrence of the judgment creditor. Neither could a purchaser, where, as in the case before Serjeant Hill, judgments have been entered up against the vendor subsequently to the contract, safely complete without the discharge or concurrence of the judgment creditor. If, however, the owner of an estate contract to sell, and then judgments are entered up against him, it is clear that the judgments, though they may attach at law upon the land, yet cannot affect it in equity, and there- fore, if the purchase-money can be properly applied, the purchaser may compel the creditor to release the judgment, and if the legal estate at the time of the judgment was not in the vendor but in a trustee for him, the judgment cannot affect the land either at law or in equity, though it may affect the purchase-nionef/ ; and should there be any intervening incum- brances between the contract and the judgment which would exhaust the whole purchase-money, it is conceived that the purchaser might safely pay off the intervening incumbrances, and take the legal estate from the trustee. The judgment creditors in such a case, would have no legal lien, and the purchase-money has been properly applied. The question, hoiv/ar, under the old law, the lieu of the judgment creditor against the trust estate extended, was one *of conside- ^^^^^jn rable difl&culty, and the authorities could only be reconciled by L J the aid of a somewhat subtle distinction. A judgment creditor might have come into a court of equity upon two grounds. First, upon a ler/al title where he either sought to remove an impediment to the execution of his legal deyit, or, after the death of the conusor, sued for payment of his debt out of the conusor's personal assets, and, if they should be insufficient, then by sale(i) of the real estate : or, secondly, upon an cquitahle elegit, on the ground that he had no legal lien, and therefore could have no legal process. (?c) As the extent of relief ought in both these cases to be the same, and (0 Russell V. M'Culloch, 1 Kay & John. 313 : and see Clare v. Wood, 4 ITaro, 81. But by 18 & 19 Vict. c. 15, s. 11, when the mortgagee is paid off, the judg- ment against him ceases to bind the land. (w) Robinson v. Hedger, 13 Jur. 846 ; and 14 Jur. 784. (i') An elegit would at law give the possession of the lands till the satisfaction of the debt, but equity assumes the jurisdiction of facilitating the remedy bv a sale. See Barnwell v. Ba'rnwell, 3 Ridg. 61 ; O'Fallon v. Dillon, 2 Sch. & Lef lo"; O'Gor- man v. Comyn, lb. 139; Stileman v. Ashdown, 2 Atk. 610; but see Bedford v. Leigh, 2 Dick. 709 ; Neate v. Duke of Marlborough, 3 M. & C. 417. {id) These grounds of suit still subsist, in addition to that conferred by the ISih section of the 1 & 2 Vict. c. 110, giving the judgment creditor a charge in equity. 532 LEAYIN ON THE LAW OF TRUSTS, ETC. the court never attempted to take a difference, the authorities determined upon either head may be relied upon as applicable to the other. The result of the cases upon this principle, notwithstanding an early authority |.^ _ to the contrary,(a;) *was that a judgment creditor could sue an L J equitable elegit of a moiety only of a trust estate. (?/) The grounds of the doctrine was thus delivered by Lord Hardwicke in the leading case of Stileman v. Ashdown :(.~) << The judgment affects the laud," said his lordship, " as it is bound by the judgment. Equity follows the law in this case, and as the plaintiff can extend only a moiety there, he shall have no more here. Suppose it was the case of a hond creditor; he might have an action of debt against the heir, and judgment against him upon assets descended, and this he is entitled to at common law, for it is the debt of the heir, and the action is in the debet and detinet ; but if Vi judgment was obtained against the ancestor, a scire facias could not be brought against the heir at common law, because the heir was not bound. Before the Statute of Westminister, there was no remedy against the ancestor in his lifetime upon a judgment on his land ; and it is that statute which subjects one moiety thereof to the judgment. I'l what right then is the scire facias (x) Compton v. Corupton, cited in Stileman v. Ashdown, Amb. 15. The case as stated in the Kegistrar's Book, was this : Richard confessed a judgment, and died intestate. Henry, his son and heir, filed a bill against the administratrix of his father and the persons entitled to the benefit of the judgment, praying that the debt might be discharged out of his father's personal estate to the relief of the lands. Henry died, and the suit was revived by Hoby, his son and heir, and at the hearing it was decreed, somewhat unaccountably, that the plaintiff showl A pay the judgment. Upon this Pigott, the party interested in the judgment, filed a cross- bill against the plaintiff in the former suit to have the decree carried into execu- tion, and the court on the hearing made the order as before. Against this decree the plaintiff Hoby appealed, and Lord Keeper Harcourt then directed that the per- sonal estate of Richard should be applied in the first instance, and that Hoby should not h& personally charged with the judgment debt, but should make good the same so far only as any rents and profits of the real estate of Richard had come to his hands ; but in case such personal estate, rents, and profits should fall short of the judgment, then the deficiency should be made good "by sale of the whole real assets of Richard liable to the judgment." (Reg. Lib. A. 1711, f 134.) The authoritj' of this case cannot however have much weight, for, as was observed by Lord Hardwicke (Stileman v. Ashdown, Amb. 17,) the point whether the whole or a moiety should be sold appears not to have been discussed. (,y) Stileman v. Ashdown, 2 Atk. 477, 608 ; Rowe v. Bant, Dick. 150 (as cor- rected from Reg. Lib., the case was as follows : — Rowe, the conusee of a judgment confessed by one Dingle, deceased, filed a bill against Bant, the executor of Dingle and who was also in possession of Dingle's real estate by the double title of gran- tee in Dingle's lifetime and general devisee in his will, praying payment of the judgment out of the real and personal estate of the testator, and that the grant to Bant in Dingle's lifetime might be declared void, as against the judgment, for want of consideration. The personal estate proved insufficient, and thereupon the court ordered a sale oi one moiety of the real estate comprised in the grant. B. 1750, f. 427) ; Barnwell v. Barnwell, 3 Ridg. P. C. 24 ; O'Dowda v. O'Dowda, 2 Moll. 483; Anon, case, ib. ; O'Gorman v. Comyn, 2 Sch. and Lef 137 ; Burroughs v. Elton, 1 1 Ves. 33 ; Williamson v. Park, 2 Moll. 484 ; Armstrong v. Walker, ib. In O'Fal- lon V. Dillon, 2 Sch. and Lef. 13, the sale of the estate was not confined to a moiety ; but there the creditor had entered up two judgments the same tervi, and then as both judgments were of the same date, the creditor might at luu\ have taken both moieties in execution. See Attorney-General v. Andrew. Hard. 23. {z) 2 Atk. 608. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 533 brought against the heir or purchaser? Why. only as terre-tenant, [(i) and by virtue of the statute. I thought of the objection myself, that a bond creditor would be in a better situation than a judgment creditor; and so he is, for as soon as the bond debt is turned *into a judg- r*r>pQ-i ment, it is extinct against the ancestor, and the creditor cannot, L -I in the lifetime of the ancestor, bring any action upon the bond : can he then bring any action against the heir after it is entirely extinct 1{h) But still he obtains a great advantage by a judgment, as it gives him an opportunity of binding the land immediately, and likewise gives him a preference over all other bond creditors ; and therefore the creditor pre- fers this real advantage to a precarious one of assets descending upon the heir after the death of the ancestor. If this is the case at law, what is there in equity to better his case ? Why, nothing more than to accele- rate the payment by directing a sale of the moiety, and not let the judg- ment creditor wait till he has been paid out of the rents and profits ; but equity cannot change the rights of parties." An equitij of redemption was, however, governed by a very different rule. If A., seised of an estate, mortgaged it to B. in fee, and then con- fessed a judgment to C, it was clear C. had a lien which entitled him to redeem B. But should he redeem a whole or a moiety ? So far as the judgment creditor had any claim of his own, a moiety only ; but as B. could not be compelled to part with the smallest fraction of the estate until he had been satisfied his whole debt, C. was under the necessity of redeem- ing the entirety. Again, when C. had taken a transfer of the security, it followed, that as mortgagee with a judgment against the mortgagor he had a right to tack, and no one could redeem any part of the estate out of his hands until payment, not only of the original mortgage debt, but also of the judgment. Thus it arose from a kind of necessity, and not from any wanton violation of principle, that in the instance of an equity of redemption the judgment creditor was paid by a sale of the wlioh estate. (c) *Thus in Stileman v. Ashdown,((7) Lord Hardwicke, at the r*QQj-i same time that he gave the judgment creditor a moiety only of L -^ the trust estate, ordered a sale of the ivholc of the lands in mortgage.if) So, where there were several incumbrancers by judgment upon an equity of redemption, and the court decreed a sale, the first judgment creditor was not confined to a moiety of the estate, but the common decree was, that the {a) See Harbert's case, .3 Re. 12 b; Bowyer v. Eivitt, Sir W. Jono?. 87; Dyer, 271, a pi. 25. {b) Sir A. Hart, alluding to this point, said, " The courts have got rid of Stile- man V. Ashdown, as savouring too much of technicality." Loiihy v. Dancer, 1 Moll. 319. But Crispe v. Blake, 1 Ch. Ca. 2.3, had decided that the bond was ex- tinguished by the judgment, and accordingly in Barnwell v. Barnwell, 3 Ridg. P. C. 24, and O'Gorman v. Comyn, 2 Sch. k Lef. lot, though the judgments were jnccedcd hij bonds, a sale of ouh" a moiety was directed. {c) Stonehewer v. Thompson, 2 Atk. 440; Sish v. Hopkins. Blunt's Amb. 793. {d) 2 Atk. 477. (e) Sir A. Hart, not observing the ground of the di.-;tinrtion. has charged Lord Hardwicke with inconsistency, Leahy v. Dancer, 1 Moll. 322. 534 LEWIN ON TUE LAW OF TRUSTS, ETC. incumbrancers should be paid their full demands out of the proceeds of the sale, according to their priority. (/)(1) There is one species of interest which, though bordering closely upon the nature of an equity of redemption, yet ought perhaps to be distin- guished from it. In Tunstall v. Trappes,(^) before cited, Trappes, in 1811, appointed an estate to the use that Davis might receive an annuity, and, subject thereto, to the use of Withy in fee upon trust, in case the annuity should be in arrear for six months, to sell the premises, and out of the proceeds to purchase an annuity of the same amount for Davis, and pay the surplus, after discharging the existing incumbrances, to Trappes ; provided, that in case Trappes should be desirous of repur- chasing the annuity, and should pay the price to Davis, then the annuity should cease, and Withy, the trustee, should reconvey. In 1812, Trappes confessed a judgment, and the question was, whether it should affect the whole or only a moiety of the estate ; and Sir L. Shadwell, on the ground that a judgment creditor might redeem the entirety of lands in mortgage, held that the lien should extend to the whole. Now, there appears to be this distinction between an equity of redemption and the case just mentioned. In the former, the whole interest is in the mort- r*«r9n S^S^^ ^J non-fulfilment of the condition; and if the *judgment L J creditor redeem the mortgagee, and then the mortgagor come to be relieved against the forfeiture, the court will impose terms upon the mortgagor, and oblige him to discharge every lien upon the estate before he can be permitted to redeem the smallest part. But in Tunstall v. Trappes the whole interest was never in the annuitant either at law or in equity. The legal estate was limited to a third person in fee, and the equitahle interest to the extent of securing the annuity only was in trust for the annuitant, but as to all the residue was in trust for the grantor. There was nothing to be redeemed, but merely a trust to be executed. The judgment creditor might take an assignment of the annuity, but he had no right to tack the judgment : the grantor could call for a reconveyance from the trustee on payment of the price agreed upon for the annuity, and the court could impose no terms, for no favour was asked. Is the judgment creditor, when he comes into equity for a sale of the estate, either in the lifetime of the conusor, or after his death, obliged, before the jurisdiction of the court can attach, to sue out an actual elegit f If the judgment be a legal lien, and the creditor seek to remove some impediment to the legal execution of it, it is clear he must first lay a foundation for the interference of equity by suing out an elegit at law ;(A) and the same rule is now established even where the judgment (/) Sharpe v. Earl of Scarborough, 4 Ves. 538 ; the cases cited ib. 541 ; and see Berrington v. Evans, 3 Y. & C. 384. {g) 3 Sim. 286, see 300. (A) See Dillon v. Flasket, 2 Bligh, N. R. 239 ; Neate v. Duke of Marlborough, 3 M. & C. 407 ; Mitford on Plead. 126, 4th edit. (1) It has been ruled, upon a similar principle, that, where freeholds and copy- holds are blended in one mortgage, the equity of redemption of the whole is liable as assets to a bond creditor, though copyholds by themselves are not assets. Acton V. Peirce, 2 Vern. 480. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 535 is merely an equitable lien ;{i\ but the elegit need not be returned ;(/i:) and where the trust estates were in three counties an elegit in one only was held sufficient.^/) When, however, the interest sought to be aflfected is an equitable chattel real, it is sufficient to sue out a writ o? fieri *facias.{in) r^f^r-o-^ And when the assistance of the court is sought in favour of a L J county court judgment against an equitable chattel real, it is sufficient to pursue the analogous step of placing a writ of execution in the hands of the high bailiff, pursuant to the County Court x\ct.(«) Again, it seems that a judgment creditor may redeem a mortgage without suing out an elegit; for inasmuch as the court finds the creditor in a condition to acquire a power over the estate by suing out the writ, it does what it does in all similar cases, it gives to the party the right to come in and redeem other incumbrancers upon the property. (o) And so whether the judgment be legal or cquitahlr, if the creditor file his bill after the death of the conusor for satisfaction of his claim out of the personal assets, and, in case of their deficiency, by a sale of the real estate,(jj) it has been held that an actual elegit is not an essen- tial requisite. The observations of Lord Fitzgibbon upon this point appear worthy of attention : " An objection/' he said, " has been made at the bar, that the creditor's bill ought not to be entertained, because he did not revive the judgments and sue out elegits; and it has been asserted, that until the Judgment has heen revived against the heir and terre-tenants of the conusee, caul an elegit has been sued forth, a court of equity will not entertain a bill against the heir and executor to levy the debt. The equity upon which bills of this nature have been entertained, is founded on the Statute of Westminster, and has been adopted no less for the ease of the creditor in levying his debt with expedition, than in mercy to the representatives of the debtor, by relieving his estate from the ruinous expense of an extent at law, and of the suits which might arise in consequence of it. It is notorious to every man of the profes- sion, that if a scire facias to revive a judgment against the heir and terre-tenants of the conusor is put ioto the hands of a solicitor versed in the science of ^accumulating costs, he will be enabled to charge p^pp i-i the estate with costs equal to the debt, if it be not considerable. L J If the terre-tenants are charged unequally with payment of the debt, it lays a ground for fresh suits between them for contribution, and if the (i) Neate v. Duke of Marlborough, 9 Sim. 60 ; 3 M. & C. 407 ; but see Tunstall V. Trappes, 3 Sim. 280 ; RoUeston v. Morton, 1 Conn. & Laws. 257. But where the creditor sues upon the equitable charge created by sect. 13 of the 1 & 2 Vict, c. 110, an cleffit is not necessary, and the decree will be for sale. See Carlon v. Farlar, 8 Beav. 525 ; Footner v. Sturgis, 5 De G. & Sm. 736; Smith v. Hurst, 1 Coll. 705; 10 Hare, 30; Jones v. Bailey, 17 Beav. 582; but qua>re, rightly de- cided. (k) Dillon V. Plasket, 2 Bligh, N. S. 239 ; and see Campbel Iv. Farrell, Rep. t. Plunket, 388. (l) Dillon V. Plasket, 2 Bl. N. S. 239. (m) Gore v. Bowser, 3 Sm. & Giff. 1 ; Smith v. Hurst, 10 Hare, 30. (n) Bennett v. Powell, 3 Drewry, 326. (o) Neate v. Duke of Marlborough, 3 M. & C. 41C, per Lord Cottenham. (p) Barnwall v. Barnwall, 3 Ridg. P. C. 24 ; Neate v. Duke of Marlborough, 3 M. & C. 416, per Lord Cottenham. 536 LEWIX ON THE LAW OF TRUSTS, ETC. creditor levies the debt by extending the real estate of the debtor when there is a personal fund applicable to the payment of it, this lays a ground for a suit also by the heir against the executor to have the per- sonal estate applied to reimburse him ; and therefore it is that courts of equity have in this country, certainly for more than a century, enter- tained bills in the first instance after the death of the comisor for an account of his real and personal estate, and of the sum due for principal, interest, and costs on the foot of the judgment. "(g') Thus much concerning the judgment creditor's equitable remedy against a trust. We proceed now to the provision in the Statute of Frauds,(?-'] which enabled a judgment creditor in certain cases to sue a writ of execution against an equitable estate at Iau\ The 10th section enacted, that '< it should be lawful for the sheriff, or other oflBcer, to whom any writ or precept should be directed at the suit of any person upon any judgment statute or recognizance, to deliver exe- cution unto the party in that behalf suing of all such lands and here- ditaments as any other person or persons might be in any manner of wise seised or jiossessed in trust for the party against whom execution was so sued, like as the sheriff or other offcer might or ought to have done, if the said party against whom execution should be so sued had been seised of such lands and hereditaments of such estate as they were seised of in trust for him at the time of the said execution sued." Upon the construction of this enactment the following points were resolved : — 1. As the statute spoke only of lands, &c., of which other persons r*fir^n ^^^'^ seised{s^ in trust for the debtor, it did not extend *to trusts L -I of chattels real of which the legal proprietor was said not to be seised, hut possessed. (t\ 2. An equity of redemption was not within the terms of the act.T?/) 3. A hare and simple trust only was intended — not one of a compli- cated nature, where the interests of other parties are mixed up with the debtor's title. (r) 4. From the concluding words, " like as the sheriff might have done, if the cestui que trust had been seised of the estate whereof other per- sons be seised in trust for him at the time of the execiition sued," if, after the judgment was entered up, but before actual execution, the estate had been disposed of to a pui'chaser, so that when execution was sued there was no trust for the debtor in esse, in that case the words of the statute had failed to provide a remedy, and the judgment creditor could not be put in possession. (w) The question was much discussed whether in that case, though the (q) Barnwell V. Baruwell, 3 Ridg. P. C. 61. (r) 29 Car. 2, c. 3. (s) In the first part of the clause are the words " seised or possessed,'' but after- wards, in two places, there occurs the word "seised" only. (t) Lyster v. Dolland, 3 B. C. C. 478 ; S. C. 1 Yes. jun. 431 ; Scott v. Scholey, 8 East, 467 ; Metcalf v. Scholey, 2 B. & P. 461. (u) Lyster v. Dolland, Scott v. Scholey, Metcalf v. Scholey, ubi supra ; Burdon T. Kennedy, 3 Atk. 739. (v) Doe V. Greenhill, 4 B. & Aid. 684; Harris v. Booker. 4 Bing. 96 : Forth v. Duke of Norfolk, 4 Mad. 504, per Sir J. Leach. (w) Hunt V. Coles. Com. 226; Harris v. Pugh, 4 Bing. 335. PROPERTIES OP CESTUI'S QUE TRUST ESTATE. 537 judgment creditor could not prosecute a legal execution, he might not subject the purchaser, if affected with notice, to an equitable clcgit.{x) It was said, that as there was no execution at law and equity followed the law, the creditor was without redress; but in this argument the prin- ciple that equity follows the law seems to be wrongly applied. A judg- ment binds a legal estate, and, as equity follows the law, a judgment is therefore in equity a lien upon the trust. The Statute of Frauds intro- duced an additional remedy by enabling the judgment creditor, in cer- tain cases, to take legal execution of a trust. But affirmative statutes do not abridge the common law,(,y) and therefore the creation of a legal remedy in certain cases provided for by the act cannot preclude the judg- ment creditor from *prosecuting his equitable elegit in other cases r*pf»p-i for which the statute has made no provision. The enactment L J was clearly meant to be remedial, but the doctrine contended for would impress on it a restrictive character, and convert it into a disabling sta- tute. Lord St. Leonards observes, '< The difficulty in the way of the relief would be, that no instance of it can be found after the most dili- gent search." The reason probably is, that judgments have only in modern times been held to bind equitable interests at all : the doctrine was certainly not established before the Statute of Frauds. But the sys- tem of trusts has from that period downwards been gradually maturing, and the principles which governed uses, and were thence transferred into trusts, have since not indeed been abandoned, but received a much more enlarged and liberal application. Now that judgments are acknowledged to be liens upon equitable interests, the consequence must necessarily follow, that a purchaser must be bound by notice of a judgment, as he would be bound by notice of any other equitable incumbrance. By the late act for extending the remedies of creditors, (^) it is enacted 1. By sect. 11, That execution at laic maybe had under an elegit of the whole lands freehold and copyhold, of which the debtor was seised or possessed at law or in equity, or over which he had a disposing power,(a) at or subsequently to the entering up of the judgment. 2. By sect. 13, That in equity a judgment shall operate as a charge upon the whole of the lands freehold and copyhold of which the debtor was seised or pos- sessed at law or in equity, or over which he had a disposing power, at or subsequently to the entering up of the judgment, with a proviso that the creditor shall not sue until the expiration of a year from the date of the judgment,(i) and that the protection in equity of purchasers for valuable consideration without notice shall not be disturbed. 3. By sect. r*ggY-| 18, *That decrees and orders of courts of eijuity, rules of courts L J {x) See 2 Vend, and Purch. 38G. lOtli ed. ; Coote ou Mortg. p. 71 ; 2 Powel, Mortg. G20. (y) Attorney-General v. Andrew, Hard. 27; 2 lust. 472. (z) 1 & 2 V. c. 110. (a) A trust for the separate use of a married woman is not an estate over which she has a disposing power within the meaning of the act; Digb}' v. Irvine, G Ir. Eq. Rep. 149. Neither is the power of the settlor to defeat a voluntary settlement by means of the 27 Eliz. c. 4, a disposing power within the Act of Vict.; Beavan v. Earl of 0.\ford, 2 Jur. N. S. 121. (b) See Smith v. Hurst, 1 Coll. 705, and S. C. 10 Hare. 43 : Mackinnon v. Stew- art, 1 Sim. X. S. 7G, p. 91. 538 LEW IX ON THE LAW OF TKUSTS, ETC. of common law, kc, whereby any sum of money, or any costs, charges, or expenses shall be payable to any person, shall have the effect of judg- ments.(c) But, 4. By sect. 19, That no judgments, decrees, or orders, shall affect real estate iy virtue of the act, unless and until they have been refistered with the senior master of the Court of Common Pleas. It is observable upon these clauses, that an equitahle estate, whether of freehold or copyhold tenure, and whether of freehold or leasehold interest, and without any restriction to the time of execution sued, as in the 10th section of the Statute of Frauds, was subjected by the act to execution at law by writ of elegit (s. 11), and to quasi execution in equity by way of charge (s. 13). In the latter case purchasers without notice were expressly protected (s. 13), but in the former case not : a pur- chaser, therefore, even of an equitable interest, after the commencement of the act, was required by this statute to search the registry at the common pleas for judgments entered up against the vendor; and that whether before or subsequently to the act, for the time of entering up the judgments was immaterial, provided they had been registered. It may be thought anomalous and inconsistent that a purchaser should not be protected at law by want of notice, while he was in equity ; but the intention of the legislature probably was, in giving a remedy both at law and in equity, not to disturb the principles upon which the respective courts acted; and therefore if the trust was a^j?am one, and so amena- ble to a legal elegit, the judgment creditor might take the lands in exe- cution even against a purchaser without notice ; but if the trust was so complicated as to oblige him to apply to a court of equity, and treat the judgment as a charge, the court by the act was not to disregard its esta- blished rules, but, as in all other cases, was to protect a purchaser with- out notice. „„„ *Afterwards another statute was passed (2 & 3 V. c. 11,) by L ' -I which it was enacted, — 1. By section 2, that no judgment what- soever should affect any lands, tenements, or hereditaments as to purcha- sers, mortgagees, or creditors, unless previously registered at the common pleas, according to the provisions of the act 1 & 2 V. c. 110. 2. By section 4, that all judgments, decrees, rules, and orders, registered, or to be registered, at the common pleas according to the provisions of the act 1 & 2 V. c. 110, should at the expiration of five years, be null and void against lands, tenements, and hereditaments, as to purchasers, mortga- gees, or creditors,(d\ unless they should have again been registered in the common pleas within five years before the right, title, estate, or interest (c) A decree for an account merely is not within the section; Chadwick v. Holt, 2 Jur. N. S. 918. Neither is a rule of a court of common law which does not specify the sum to be paid; Jones v. Williams, 11 Ad. & Ell. 175 ; Doe v. Amey. 8 M. & W. 565 ; though, as respects costs, the case is different; Jones v. Williams, 8 M. & W. 349 ; Doe v. Barrell, 10 Q. B. Eep. 565. (d) These words mean purchasers, &c., becoming such after the omission to re- register, so that, if A. and B. be respectively first and second judgment creditors who both duly register, A. does not, by subsequently omitting to re-register, lose his priority over B.; Eeavan v. Lord Oxford, 1 Jur. N. S. 1121 ; and see Simpson V. Morley, 1 Kay & J. 71 ; Beavan v. Earl of Oxford, now reported, 6 De Gex, M. & G. 492.' PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 539 of such purchasers, mortgagees, or creditors accrued. (e) 3. By section 5, that as against purchasers and mortgagees iviihout notice, no judgment, decree, or order, should have a greater effect than a judgment would have had against such purchaser or mortgagee before the passing of 1 & 2 V. c. 110. By virtue of these clauses the execution that might under the former statute have been taken out at law against an equitable interest in the hands of a purchaser without notice was, in common with every other advantage given by the former statute against such purchaser, re- called,(/) and a purchaser was not required to carry his search back beyond the period of five years. A singular result of the 5th section is, that in the occasional, though rarely occurring cases of a purchase or mortgage without notice of a pre- viously registered judgment, the old law, as it existed before the 1 & 2 Yict. c. 110, must be resorted to for guidance. It is therefore impossi- ble to treat the old law respecting judgments as obsolete. This act, however, still left open the question whether by analogy to the cases under the registry acts a purchaser; mortgagee, or creditor, if he had actual notice of an unregistered *judgment, was not bound rji^p/^Qn by it ; and a subsequent act, 3 & 4 V. c. 82, was passed to obvi- L -■ ate this objection. It was thereby enacted, by the second section, that no judgment, decree, order, or rule should, hy virtue of the said act (1 & 2 V. c. 110,) affect any lands at law or in equity as to purchasers, mortgagees, or creditors, until registration^^) under the said act at the common pleas, any notice of such judgment, decree, order, or rule to any such purchaser, mortgagee, or creditor, in anywise notwithstanding. It being, however, doubted whether this act protected a purchaser, mortgagee, or creditor from the effect of notice as to any remedy against him which the judgment creditor had before, independently of the 1 & 2 Y. c. 110, or whether its effect was not limited to protection against the additional remedy given to the judgment creditor by that act,(7i) it was in order to obviate this inconvenience, enacted generally, by the 18 & 19 V. c. 15, s. 4, that no judgment, decree, &c., which might be registered under the 1 & 2 Vict. c. 110, should affect any lands, &c., at law or in equity, as to purchasers, mortgagees, or creditors, unless and until the memorandum, &c., should have been left with the proper officer, any notice of any such judgment, decree, &c., to any such purchaser, mortgagee, or creditor, in any wise notwithstanding. It has been held under the acts extending the remedies of the judg- ment creditor, that as to equitable interests they are to receive the same construction as the Statute of Frauds, and consequently that simple trusts only can be taken in execution at law.f/) The 14th section of the 1 & 2 Yict. introducing a new species of exe- (e) And see 18 & 19 Vic. c. 15, s. 6. (/) Westbrookv. Blythe, 3 Ell. & BI. 737 {g) The framer of this act appears either to have overlooked, or to have been ignorant of the intermediate act of 2 & 3 Yict. c. 11, and to have left it doubtful whether re-registration within five years was necessary to exclude the title of a purchaser with notice. This doubt is now set at rest by sect. 5 of the 18 & 19 Vict. c. 15. (h) See Beere v. Head, 3 Jo. & Lat. 340. (j) Digby V. Irvine, 6 Ir. Eq. Rep. 149. 540 LEWIN ON THE LAW OF TRUSTS, ETC. cution against stock and shares in public funds and public companies, deserves a separate consideration. By that section it was enacted that if any person against whom *any judgment^/,-) should have been L -I entered up in any of her majesty's superior courts at Westminster, should have any government stock, funds, or annuities, or any stock or shares of or in any company in England, standing in his name in his own right, or in the name of any lyet&on In trust for Mm,{J) it should be lawful for the judge of one of the superior courts, on the application of any judgment creditor, to order that such stock, &c., should stand charged with the payment of the amount for which judgment should have been recovered, and such order should entitle the judgment creditor to all such remedies as he would have been entitled to if such charges had been made in his favour by the judgment debtor, provided that no pro- ceedings should be taken to have the benefit of such charge until after the expiration of sis calendar months from the date of such order ; and by the next following section of the act it is provided that the order of the judge shall be ex parte in the first instance, and on notice to the bank or com- pany shall operate as a distrinyas, and that no disposition of the judgment debtor in the mean time shall be valid as against the judgment creditor. The leading points decided and discussed with reference to this new species of execution will be shortly adverted to. 1. In the ordinary case of a judgment at law, the application for the charging order must be made to one of the common law judges, even though the stock to be charged be standing in the name of the accountant-gene- ral of the Court of Chancery. (;?i) But where a charging order is to be made in furtherance of a decree of the Court of Chancery, it will properly be made by a judge of the Court of Chancery. (?A 2. Where stock or funds are vested in trustees, and a judgment debtor appears to be interested therein, the charging order will be made at law, so as to affect the interest of the judgment debtor, whatever it may be, r^p-i-i leaving it to the trustees, *if the precise amount of the debtor's L -I interest is not svifl&ciently defined, to say they will not act except under the direction of the Court of Chancery. (o) 3. Where a charging order is made upon the partial interest of a cestui que trust in stock or shares, the bank or public company whose stock or shares are affected by the charging order, is not concerned with questions arising between the judgment creditor and other persons in- terested in the trust fund, but is bound, in like manner as before the charging order, to pay the dividends to the trustees.(p) 4. The proviso at the end of the 14th section, forbidding proceedings until after six calendar months, applies only to proceedings for enforcing immediate payment of the debt by realizing the security, and does not (k) Extended to Decrees, &c., by sect. 18. (l) By the 3 & 4 Vict. c. 82, s. 1, the property intended to be embraced by this section is further defined. (m) Hulkes v. Day, 10 Sim. 41. («) Stanley v. Bond, 7 Beav. 386 ; Westby v. Westby, 5 De G. & Sm. 516 ; Wells V. Gibbs, 22 Beav. 204. (o) Fowler v. Churchill, 11 M. & W. 57. (j>) Churchill v. Bank of England, 11 M. & W^ 323. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 541 prevent the judgment creditor from taking steps to prevent the security given him by the statute from being in the mean time defeated or dimi- nished. Thus, where the funds are standing in the name of the account- ant-general, the judgment creditor may, within the six months, apply for a stop order to restrain the debtor from receiving dividends accruing within the six months. (5) 5. The question as to the precise effect of the charge obtained under a charging order, in reference to the claims of other incumbrancers on the trust fund, has been the subject of much difference of opinion. lu a late case, where stock was vested in trustees, and A., having a bene- ficial interest therein, charged that interest in favour of B., and subse- quently C. recovered judgment against A., obtained a charging order on A.'s interest, and, before any notice given by B., gave notice to the trustees of his having obtained the charging order, it was held by three judges of the Court of Queen's Bench, Lord Campbell, C. J., Wight- man & Crompton, J. J., (Erie, J., dissentiente,\ that C, the judgment creditor, was entitled to priority over B.(r) This decision has been much criticised. It is opposed to the analogous decisions on the r-^p.jn-, *llth and loth sections of the act,(s) and it may safely be said, L J in the words of high legal authority, that the opinion of the single judge seems to be the correct one.(^) The law as to priority of judgments in the case of lands lying in a register county is, by the combined effects of the County Registry Acts and of the Acts of the Queen before referred to, in a singular position. It is clearly settled that the County Register Acts are still in force, and consequently that, in order to give priority to a judgment creditor over a subsequent purchaser or mortgagee icithout notice, his judgment must be registered both in the county register and in the common pleas, before the completion of the purchase or mortgage. (?«) And as between two judgment creditors, having no notice of each other's claim, the one who first completes his registry in both the county registry and the com- mon pleas, obtains precedence. (i-) Where the subsequent purchaser or mortgagee lias notice of a prior judgment, the question will be, whether the judgment was registered at the common pleas before the completion of the purchase. or mortgage, since, as we have before seen, unless so registered it cannot bind, not- loithstandinrj the notice. But if duly registered in the common pleas, then, according to the old decisions, notice to the purchaser or mortgagee will, in equitij, though not at law, supply the want of registration in the county, (if;) It is difficult, however, to reconcile the expressions with reference to {q) Watts v. Jefferyes, 3 Mac. & Gor. 372; and see Bristed v. 'Wilkiiis, 3 Hare, 235 ; Wells v. Gibbs, 22 Beav. 204. (r) Watts V. Porter, 3 Ell. & Bl. 743. (s) Whitworth v. Gaugain. 3 Hare, 416, 1 Phil. 728; Beavan t. Earl of Oxford, 2 Jiir. N. S. 121 ; Kiuderley v. Jcrvis, 22 Beav. 1. (/) Vend, and Pur., 13th edit. p. 430, note (I). («) Westbrook v. Blythe, 3 Ell. & Bl. 737. \v) Hughes V. Lumley, 4 Ell. & Bl. 274. (?<-) Tunstall v. Trappcs, 3 Sim. 301 : Davis v. Earl of Strathmore, 16 Ves. 427. April, 1858.— 35 542 LEW IN ON THE LAAV OF TRUSTS, ETC. this subject contained in a late judgment of the present lord chancellor (when vice-chancellor) with the older cases. (;r) [*673] ^SECTION VII. OF EXTENTS FROM THE CROWN. A trust whether of a term or of a freehold, is liable to an extent from the crown ;(y) and this not by the effect of any legislative enactment, but per cursum scaccarii at common law.(2;) The words of the writ issued to the sheriff are to hold inquest of the lands whereof the debtor, not seisifus fuit, but haliiit vel seisitus fuit, and a person may be said to have lands, when by subpoena in chancery he may exercise any dominion over them. (a) At common law the extent of the crown did not authorize a sale of the lands, but only the perception of the rents and profits, until the amount of the debt was levied ;(i) this defect was supplied partially by a statute of Elizabeth,(c) and more effectually by the 25 G. 3, c. 35. It is by the latter statute enacted, that '' it shall be lawful for his majesty's court of exchequer, and the same court is thereby authorized, on the application of his majesty's attorney-general(«i) in a summary way by motion[e) to the same court, to order that the right, title, estate, and interest of any debtor to his majesty, his heirs and successors, and the right, title, estate, and interest of the heirs and assigns of such debtor, which have been or shall be extended under and by virtue of any extent or diem clausif extremum, shall be sold as the court shall direct, and the conveyance shall be made by his majesty's remembrancer in the said court of exche- quer or his deputy, *under the direction of the said court, by a L -» deed of bargain and sale to be inrolled in the said court." By the effect of this enactment, a trust or equity of redemption(/) of a crown debtor may now be sold upon summary application to the Court of Exchequer by motion. SECTION VIII. OF FORFEITURE. A trust of lands is not forfeitable at common law for attainder either of treason or felony 5(5') for forfeiture works only upon tenure, and a trust (x) Johnson v. Holdsworth, 1 Sim. N. S. 106. (y) King T. Lambe, M'Clel. 422, per Sir W. Alexander ; Chirton's case, Dyer, 160 a; S. C. cited Sir E. Coke's case, Godb. 293; the cases cited Id. 294 ; Id. 298 ; Babington's case, cited Id. 299; King v. Smith, Vend. & Purch. Append. No. xv ; 1 1th ed., per Ch. Baron Macdonald. (z) Attorney-General v. Sands, Hard. 495, per Lord Hale. (a) See Sir E. Coke's case, Godb. 294. (6) Rex T. Blunt, 2 Y. & J. 122, per Baron HuUock. (c) 13 Eliz. c. 4. {d) See Rex v. Bulkeley, 1 Y. & J. 256. (e) See Rex v. Blunt, 2 Y. & J. 120. (/) King v. De la Motte, Forr. 162. {g) Attorney-General v. Sands, Hard. 495, per Lord Hale ; 1 Hale's P. C. 247 ; Jeuk. 190. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 543 is holden of nobody. The ground of the forfeiture is, that all estates are upon condition of duty and fidelity to the lord, and upon breach of alle- giance they return to the king, from whom they originally proceeded. (/i) The exemption of the use from forfeiture was remedied in the ease of treason, by the 26 H. 8, c. 13, s. 5, whereby it was enacted, that "every offender convicted of high treason hj i:)rescntment, confession, or process of outlwwry, according to the due course and custom of the common laws of the realm, should forfeit to the king all such lands, &c., which such offender should have of any estate of inheritance in use m possession T The following year was passed the 27 H. 8, by which uses were abolished, and, as the trust which grew up in the place of the use was held to be an interest sxd generis, and not within reach of the statutes directed against uses, the legislature was again called upon to interpose some special enactment to remedy the defect. The 33 H. 8, c. 20, s. 2, declared, that "if any person or persons should be attainted of high treason by the course of the common laics or statutes of the realm, every such attainder *by the common law(^i\ r-^r^^r-, should be of as good strength, value, force, and effect, as if it L J had been done by authority of parliament; and that the king's majesty, his heirs and successors, should have as much benefit and advantage by such attainder, as well of itses, rights, entries, conditions, as possessions, reversions, remainders, and all other things, as if it had been done and declared by authority of parliament, and should be deemed and adjudged in actual and real possession of the lands, tenements, hereditaments, uses, goods, chattels, and all other things of the offenders so attainted, which his highness ought lawfully to have, and which they, so being attainted, ought or might lawfully lose and forfeit, if the attainder had been done by authority of parliament, without any office or inquisition to he found of the same." Notwithstanding this statute, it was held in King v. Daccombe,(^) and is said to have been also resolved in Abington's case that the trust of a freehold was not forfeited upon attainder of treason ; and it has been remarked, that this doctrine " may be thought to be founded on reason, because it is not pretended that the statute of 26 H. 8, can embrace trusts which have succeeded to uses, and it does not appear to have been the intention of the 33 H. 8, to create a forfeiture of any equitable estates which has sprung up since the former act. The statute had other ob- jects."(/) To understand the scope of the enactment it must be observed, — 1. That previously to the 33 H. 8, it was only in the case of a person attainted by act of parliament, and then by a special proviso, that the king was put in immediate possession of the offender's lands, for in attainders by ordinary course of law, whether by common law or under a statute, the (A) Gilb. on Uses, 38. (i) This includes the general statutes of the realm, as opposed to a special act attainting a particular individual. (k) Cro. Jac. 512. (l) Gilb. on Uses, by Lord St. Leonards, 78, note 9; and see Burgess r.Wheate, 1 Ed. 221. ' 544 LEWIX ON TUB LAW OF TRUSTS, ETC. king was not in possession until office found. 2. That the 26 H. 8, had extended the forfeiture to lands in use or possession, but not to rights, entries or conditions ; and now that the 27 H. 8, had passed, the 26 H. 8, was not even appUcable to uses, or, as they were henceforth to be called, trusts. 3. That the *26 H. 8, had embraced attainders hj2:>resent- L -I ment, confession, verdict, or process of outhncry, but had omitted other cases, as where the offender stood mute. The intention of the legis- lature then, in passing the 33 H. 8, was, as resolved in Dowtie's case,(m) — 1. To vest the actual possession in the king by the attainder icithout office ; 2. To extend the forfeiture to rights, entries, conditions, &c., which had hitherto not been affected by attainder; and, 3. To apply the statutory provisions to all cases of attainder, including those which the 26 H. 8, had accidentally omitted. Assuming the act to have had a remedial scope, can it be supposed, that, when "rights, entries, and conditions," were, for the first time, made forfeitable by virtue of this enactment, the word " uses," which occupies the first place in the series, should have been inserted as mere surplusage, remembering that uses, by having been turned into posses- sions by the 27 H. 8, had escaped the forfeiture imposed upon them by the 26 H. 8 ? The insertion of the word " uses" can be no argument that ''trusts" were not intended, for at that day "uses" and "trusts" were not as now contradistinguished, but were employed indifferently, as terms perfectly synonymous. In support of this reasoning may be cited the opinions expressed by Baron Turner and Lord Hale, in the well-considered case of Attorney- General V. Sands. (n) And Lord Hale afterwards recurs to the subject in his pleas of the crown, (o) and argues the point there with considerable strength of reasoning : — " By the statute of 27 H. 8," he says, " all uses were drowned in the land ; but there have succeeded certain equitable interests called trusts, which differ not in substance from uses; nay, by that very statute they come under the same name, viz., uses or trusts. By the statute 33 H. 8, there is a special clause that the person attainted shall forfeit all ' uses ;' and what other uses there could be at the making of the statute 33 H. 8, but only trusts such as are now in practice and retained in chancery, I know not. It was agreed in the Earl of Somer- P^^---, set's case, and so resolved *in Abington's case, that a trust of a L -I freehold was not forfeited by attainder of treason. But how this resolution in Abington's ease can stand with the statute of 33 H. 8, I see not ; for certainly the uses there mentioned could be no other than trusts; and therefore the equity or trust itself, in cases of attain- der of treason, seems forfeited by the statute, though possibly the land itself he not in the king."(jj) Equities of redemption appear to be forfeitable for attainder of treason (m) 3 Re. 9, b. («) Hard. 495 ; S. C. Nels. 131 ; S. C. Freem. 130. (o) 1 P. C. 248. {p) In Attorney-General v. Sands, it was laid down, according to Nelson's report (p. 131.) that the estate was executed in the king by force of the statute; but, according to Freeman (p. 130,) that the estate was to be executed in the king by a court of equity. Id. qu. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 545 under the 33 H. 8 -j^q) for the statute has enumerated conditlom, and the interest of the mortgagor is a condition which, though broken at law, is saved whole to him in a court of equity. A trust in favour of an alien is forfeitable to the crown without statute on the principle of public poUcT/ ; for at law an alien has no capacity to purchase lands, lest the realm should be impoverished, if the revenues might be transported into foreign countries, and put in subjection under a foreign prince ;(r) and if an alien were allowed to receive the rents and profits of lands in equity, the mischief would be the same. How- ever, the legal estate is not forfeited, but the king must prosecute his right by siihpa^na in the Court of Chancery •.{s\ and this he may do with- out any office found or inquisition taken. (/) Trusts of cJiatfels, whether real or personal, were always deemed for- feitable to the crown ;(«) and if a term be in trust for the wife of the felon, but not for her separate use, it seems the trust shall be affected by the forfeiture of the husband. (?') But in these cases the forfeiture reaches not to the chattel *itself, but merely entitles the king to sue a ^^^„„ suhjjoena in equity. («•) L J At law a tenant for life may, by certain tortious acts, as by a feoffment of the fee simple, forfeit his estate to the remainderman ;(x) but if an equitable tenant for life affect to dispose of the equitable fee, no for- feiture is incurred, for nothing passes beyond the grantor's actual inte- rest, (y) SECTION IX. OF ESCHEAT. A trust in fee of lands is not subject to escheat. (,t) This was deter- mined in the great ease of Burgess v. Wheate,(«) before Lord Northing- ton, assisted by Lord Mansfield and Sir T. Clarke. The arguments of these eminent judges, too long for insertion in this place, are replete with learning, and will amply repay a very careful perusal : it must be men- (q) Anon, case, cited Reeve v. Attorney-General, 2 Atk. 223. (r) See Holland's case, Styl. 21 ; Collingwood v. Pace, 0. Bridg. 431. (s) Attorney-General v. Sands, Hard. 495, per Lord Hale. (t) Burgess v. Wheate, 1 Ed. 187, per Sir T. Clarke. (u) Wikes's case. Lane, 54, agreed; King v. Daccombe, Cro. Jac. 512; Jenk. 190, case 92; Attorney-General v. Sands, Hard. 405 ; Pawlett v. Attorney-General, Hard. 467, per Lord Hale ; Sir J. Back's case cited Holland's case, Al. 16. Chattel interests accruing to a felon after conviction, but before restoration to civil rights, are forteited to the crown. Roberts v. Walker, 1 R. & M. 752. Secus as to chattels accruingsubscquently to such restoration. Stokes v. Holden, 1 Keen, 145; Gough V. Davies, 2 K. & J. 623 ; Thompson's Trusts, 22 Beav. 506. (v) Wikes's case. Lane, 54, per Barons Snig and Althara. (ic) Holland's case, Al. 14; Sir J. Back's case as cited by Rolle, J. Id. 16; Attorney-General v. Sands, Hard. 495, per Lord Hale ; and see Kildare v. Eustace, 2 Ch. Ca. 188 ; S. C. 1 Vern. 405, 419, 423, 428, 437. (z) See Co. Lit. 251 a. (ij) Lethieullier v. Tracy, 3 Atk. 728, 730 ; Lady Whetstone v. Bury, 2 P. W. 146. (z) Attorney-General v. Sands, Hard. 488 ; and see 1 Harg. Jurid. Exerc. 383. («} 1 Ed. 176 ; S. C. 1 W. Black. 123. 546 LEW IN ON THE LAW OF TRUSTS, ETC. tioned, liowever, that Sir. T. Clark and Lord Mansfield, while they pur- sued different lines of reasoning, carried their principles to too great an excess. Sir Thomas Clarke contended that trusts must be governed strictly by uses, and, therefore, as no escheat in equity was of a use, there could be none of a trust. But this position is too large ; for trusts do not follow absolutely the law of uses : for then no curtesy would be of a trust, the judgment creditor would have no lien, and equitable interests would not be assets. Lord Mansfield, on the other hand, advanced the doctrine, that, as lands escheat at law, so trusts must escheat in equity ; that trusts, since the statute of H. 8, are not regulated by uses, but the maxim is, " Equity follows law," — " The trust is the estate." But to this it must be answered, that a trust has always been recognised as a r*r7an *^i°& **'"^ generis, not as identical with the legal fee : it binds L J not, for instance, a purchaser for valuable consideration without notice. The intermediate opinions of Lord Northington are to be regarded as those most in accordance with the general system : trusts, he thought, were to be administered on the footing of uses ; but not, as Sir Thomas Clark maintained, to the exclusion of the improvements adopted subse- quently to the statute of H. 8 : he agreed with Lord Mansfield, that trusts imitated the legal possession ; but he added the qualification, as between the privies to the trust only, and not as respected strangers. " Equity," he said, '' follows the law ; and, as between the cestui que TRUST and those claiming by, from, and under him, it is equity that he should be considered as formally possessed of that estate of which he is and appears substantial owner. It is true this court has considered trusts, as betioeen the trustee, CESTUI QUE TRUST, and those claiming under them, as imitating the possession ; but it would be a bold stride, and, in my opinion, a dangerous conclusion, to say, therefore, this court has considered the creation of a trust as a mere nullity, and the estate in all respects the same as if it still continued in the seisin of the creator of the trust or the person entitled to it. My objection to the claim of the lord is, that it is for the execution of a trust that does not exist. Where there is a trust, it should be considered in this court as the real estate between the cestui que trust, and tlie trustee, and all claiming by or under them; and the trustee should take no beneficial interest that the cestui que trust can enjoy; but, for my own part, I know no instance where this court ever permitted the creation of a trust to affect the right of a third." (^b'j The determination in Burgess v. Wheate has been followed in more recent eases, (c) and the principles there laid down have been held by the present master of the rolls to apply to the case of a mortgage in fee, and the subsequent death of the mortgagor intestate, his honor deciding that in such case the equity of redemption does not escheat to the crown, but belongs to the mortgagee, subject to the debts. («^) (5) 1 Ed. 250. (c) Taylor v. Haygarth, 14 Sim. 16 ; Davall v. New River Company, 3 De 6. & Sm. 394; Cox v. Parker, 22 Beav. 168. (d) Beale v. Symonds, 16 Beav. 406. I PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 547 1 *SECTION X. [*680] THE DESCENT OF THE TRUST. A trust is governed by the same rules of descent as the legal estate is on which the trust is ingrafted, and that whether the legal estate descends according to the course of common law, or is subject to a lex loci. If one seised of land ex parte materna convey to a person upon ti'ust, and no trust is expressed, the resulting interest is part of the original estate, and will descend in the maternal line, and, failing the heirs ou the part of the mother, will rather absolutely determine, than pass into the paternal line.(e) But if one seised ex parte materna devise to A. and his heirs upon trust for a person for life, and then in trust to convey to the testator's heir at law, this breaks the descent, and the heir ex parte paterna is entitled to the equitable remainder.(/) If the land be subject to gavelkind, borough English, or other custom, the equitable interest will follow the same course of inheritance. (^) And a trust of copyholds as well as of freeholds is governed by the descent of the legal estate. (/;) The analogy to law is so strictly preserved, that if the last cestui que trust had no seisin of the equitable estate coiTesponding to possessio fratris at law, the trust will descend to the brother of the half blood, not to the sister of the whole blood. (i"i But, by the late act the half blood is now capable of inheriting estates, whether legal or equitable. (A) If a settlement contain a power of sale, with a trust to *rein- rj^^^o-i-i vest the proceeds in a purchase to the same uses, and the lands L -I be sold, but the proceeds be not reinvested, though the bulk of the estate sold was of gavelkind tenure, yet if one of the uses be to A. and his heirs, the proceeds of the sale will descend to the heirs of A. at common law, and not to the heirs by the custom of gavelkind. (?) And if gavelkind lands be limited to a person's heirs as p?(/-<:'7«as£rs the common law heirs and not the customary heirs are entitled ; as where a testator directed trustees to stand seised of gavelkind lands for the separate use of A. for life, and so as her husband should not inter- meddle therewith, and after her death upon trust to convey to the heirs of her body for ever. Lord Hardwicke held that the trust was executory, and that the court must therefore look to the intention, which was to give a life-estate to A., and the remainder to the heirs as purchasers ; for, as the husband was not to intermeddle therewith, his curtesy was (e) Burgess v. Wheate, 1 Ed. 177, see 186, 216, 256 ; Langley v. Sneyd, 1 Sim. & Stu. 45. (/) Davis V. Kirk, 2 Kay & John. 391, \g) Fawcett v. Lowther, 2 Ves. 304, per Lord Hardwicke ; Banks v. Sutton, 2 P. W. 713, per Sir J. Jekyll; Jones v. Reasbie, 22 Vin. Ab. 185, pi. 7. (A) Trash v. Wood, 4 M. & Cr. 324. \i) Banks v. Sutton, 2 P. W. 713, per Sir J. Jekyll; Cowper v. Earl Cowper, lb. 736, ^er eundem; Cunningham v. Moody, 1 Ves. 174; Co. Lit. 14 b ; and see the cases cited Casborne v. Scarfe, 1 Atk. 604. (k) 3 & 4 W. 4, c. 106, s. 9. (/) Hougham v. Sandys, 2 Sim. 95, see 153. 5i8 LEWIX ON THE LAW OF TRUSTS, ETC. to be excluded, wbicli would not be the case if A. were tenant in tail. A conveyance of tbe legal estate was therefore directed to the eldest son and tbe heirs of bis body, with remainder to tbe second son, and tbe heirs of his body, &c. " Not," added Lord Hardwicke, " according to tbe custom of gavelkind, because it must go according to tbe rule of common law, being not a trust executed, but executory."(w?) SECTION XI. OP ASSETS. The trust of a chattel was always accounted assets in equity.(7i) But whether the trust of a. freehold should be assets in tbe bands of the heir for payment of debts by specialty was for a long time vexata r*fi89T 9'^<^^f^o. On the one hand it was argued, *that the trust ought L "'-1 to follow tbe use, and that the use was not liable to a bond credi- tor ; on tbe other band it was said, that the trust since tbe Statute of Uses bad been conducted by tbe courts on more liberal principles, and, as tbe legal fee was available to tbe discbarge of specialty debts at law, so a court of equity ought to adopt the same rule in tbe administration of trusts. It was determined by Lord Hale, Chief Justice Hyde, and Justice Windham, in the case of Bennet v. Box, that a trust in fee should 7wt be assets j(o) and Lord Keeper Bridgman afterwards felt himself bound by the authority of this decision in respect of a trust,(^p\ though be doubted somewhat as to an equity of redemption ;{(j^ and so the law as to a trust was laid down b}'^ Lord Hale in Attorney-General v. Sands. (r) The question was renewed before Lord Nottingham in the case of Grrey v. Colvile.(i.) John Colvile gave a bond to Lady Grey for 1500/., aud died intestate. The obligor in his lifetime bad purchased lands in tbe names of himself and Wise, to hold to them for their lives, remainder to Sir John and his heirs, and other lands in the names of Morris and Saunders in trust for Sir John in fee. Lady Grey brought an action at law against the heir, who (the case occurring prior to the Statute of Frauds) pleaded riens per descent in prcesenti, but only tbe reversion of the lands expectant on tbe decease of Wise. Lady Grey then filed a bill in chancery to have the trust estates declared assets in equity, and Lord (m) Roberts v. Dixwell, 1 Atk. 607 ; and see Thorp v. Owen, 2 Sm. & GiflF. 90. {n) Attorney-General V. Sands, Freem. 131; Barthrop v. West, 2 Ch. Re. 62; Duke of Norfolk's case, 3 Ch. Ca. 10. (o) 1 Ch. Ca. 12. {p) Pratt v. Colt, 1 Ch. Ca. 128; S. C. Freem. 139. Iq) Trevor v. Perryor, 1 Ch. Ca. 148. (r) Hard. 490 ; S. C. Freem. 131 ; S. C. Nels. 134. (s) 2 Ch. Re. 143. This case has been the most unfortunately reported of any perhaps in the books. In p. 143, for " the defendant's wife," read " the defendant Wise;" and a few lines after, for " wife," read "Wise." In page 144, for " Colvile and his wife," read " Colvile and Wise ;" for "of one lease," read "of one Leke," and correct the passage thus : " The said Josia also insists, that the premises are incumbered by a former judgment of one Leke for 800Z., and that the plaintiff's creditors, and other the creditors, &c., insist they are creditors," &c. In page 145, for "the defendant's wife." read " the defendant Wise." PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 549 Nottingham, acting on the bvoad rule of analogy to law, decreed the debt to be paid. The case was afterwards reheard before Lord Guild- ford, and is reported by Yeruon under the title of Creed v. Covile.(^) *The plaintiff argued that Bennet v. Box was a precedent of the r^jj^no-i judges' making, who were for restraining the court of chancery L "^J to the strict rules of law ; that the trust of a term was assets, and why not the trust of a fee-simple ; an equity of redemption was assets, and why not a trust ? But Lord Guildford said, " I know the ease of Ben- net y. Box has had hard words given it, and been much railed at, but the decree in that cause was made upon great advice, and I do not know how I could be better advised now." And he said, '^ There was a differ- ence between the case of an heir and the case of an executor, and there- fore the trust of a term and the trust of an inheritance were not the same in this point ; for whatever money came to the hands of an executor, either by sale of the term, or if money was decreed to him in a court of equity, would be assets; but if an heir before action brought, sold and aliened the assets, the money was not liable in his hands, (?() unless the sale were with fraud and collusion ; as, if an heir sold and bought again, there the new-purchased lands would be assets. And as to an equity of redemption, if a man had a mortgage and a bond, before the mortgage should be redeemed by the heir the bond ought to be satisfied, but he did not know that an equity of redemption should be assets in equity to all creditors." And his lordship said, he " should be much governed by the case of Bennet v. Box, unless they could show that the latter pre- cedents had been otherwise," and directed them to attend him with pre- cedents towards the latter end of the term. The cause was brought on again the December following, and the court ordered that the parties should attend the two Chief Justices and the Lord Chief Baron, who were desired to certify their opinion on the question. (r) In Michaelmas term the next year, upon the motion of the defendants, it was ordered, that, unless plaintiffs, the creditors, procured the certificate of the Lord Chief Justices' and Lord Chief Baron's opinion by the first day of the next term, *^7ie hill should he dismissed without fm-ther mot ion. (tv) r-^nni-. No further proceedings appear in the cause ; and, therefore, it L J must be concluded. Lord Nottingham's decision was reversed. (.>;) Thus stood the law before the Statute of Frauds.(?/) By the 10th section of that act it was declared, that " if any cestui que trust should die, leaving a trust in fee simple to descend to his heir, then and in every such case such trust should be deemed and taken, and was there- by declared to be, assets by descent, and the heir should be liable to and chargeable with the obligation of his ancestor for and by reason of such assets, as fully and amply as he might or ought to have been, if the estate in law had descended to him in possession, in like manner as the trust descended." This enactment must be taken to embrace simple trusts only, and not (0 1 Vern. 1V2. {u) Since made liable bj 3 W. & M. c. 14. (yj R. L. 1683, A. fol. 166. {w) R. L. 1684. A. fol. 210. (2) But see Goffe v. Whalley, 1 Vera. 282. (y) 29 Car. 2, c. 3. 550 LEWIN ON THE LAW OF TRUSTS, ETC. complicated trusts,(2;) or equities of redemption. (a) But such interests as are without the statute may, upon the general principles of equity, be treated as assets by analogy to law. In Plucknet v. Kirk(Z-) it was expressly decided by Lord Jeffries, that an equity of redemption of a mortgage in fee *should be assets L "°^J jjj equity to the payment of bond debts, and so it was held in an anonymous case reported by Freeman ;(c) and the same law was recog- nized in Acton V. Peirce by Lord Keeper Wright,(fZ) and was admitted by Lord Hardwicke without observation in Plunket v. Penson.(c) The doctrine established by these authorities with respect to equities of redemption is directly at variance with the decision in Grey v. Colvile, relating to trusts. But the maxim is generally admitted, that, as between the trustee and cestui que trust and all claiming by or under them, the equitable ought to imitate the legal estate, and therefore, upon principle, the rule that governs equities of redemption ought equally to be applied to every other equitable interest. It would be a strong position to advance, that until the act of 3 & 4 W. 4, a trust was not assets unless the debtor had merely a plain and simple trust ; but such would be the result, were trusts only liable as assets by virtue of the Statute of Frauds. The question, as regards debtors who have died since the 29th of August, 1833, has now been rendered unimportant by the 3 & 4 W. 4, c. 104, which enacts, that all a person's "estate or m^eres^ (which must include a trust) in lands, tenements or hereditaments, corporeal, or incorporeal, or other real estate, whether freehold, customaryhold, or copyhold," shall be assets for the payment of debts as well on simple contract as on specialty. There remains to be considered the question, whether a trust shall be administered as legal or equitable assets; and upon this subject we shall first advert to the case of trusts of chattel interests, that is, to equitable assets in the hands of the executor. It may be remarked in limine, that if an executor recover money in that character upon a trust or other equitable right, the proceeds, wJieii actually come to his hands, will be legal assets, even in a court of {z) The former part of the clause, which enables the sheriff to take a trust in execution, was construed not to include a complicated trust, and therefore it is pre- sumed the latter part of the clause could not be differently interpreted. (a) Plunket v. Penson, 2 Atk. 293, per Lord Hardwicke; Sawley v. Gower, 2 Vern. 61, per Lord Jeffries. (6) 1 Vern. 411; and see Lord Jeffries's opinion in Sawley y. Gower, 2 Vern. 61. Plucknet v. Kirk, as stated in Reg. Lib., was this : — Kirk, seised of an estate in fee, mortgaged it to Sutton in fee for securing 1300Z. and interest, and afterwards confessed a judgment to Plucknet for securing a loan, and two judgments to Rogers for securing other loans, and became indebted to Wood and Dakins by bond. The two judgment creditors joined with the two bond creditors and others who were simple-contract creditors in filing a bill, by which they prayed that, in default of personal assets, they might redeem the mortgage, and Lord Jeffries decreed that the plaintiffs, the judgment and bond creditors, might redeem ; and as to the plaintiffs, the simple-contract creditors, his lordship said, " he would advise with the lords and the judges thereon, and after he had so advised would give such directions touching the said debts, whether they should be let into the redemption of the premises, as should be agreeable to equity." 1686, B. fol. 181, (c) P. 115. {d) 2 Vern. 480. (e) 2 Atk. 290. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 551 law :(/) is it not, then, an inconsistency to say, that if the property has been reduced into *possession, a court of equity shall administer it as r;)jf'op-i legal assets, but if it be still outstanding, it shall be administered L J as equitable assets ? Upon what principle can the court vary the rights of parties from an accidental circumstance arising out of the conduct of the executor ? In Morgan v. Sherrard(^) a person had mortgaged a term of years, and afterwards acknowledged a statute to Lord Sherrard, and then confessed a judgment to Morgan. The latter filed his bill against the executor to have the equity of redemption made legal assets (a judgment at law taking precedence of a statute,) and so Lord Guildford decreed it. Wilson V. rielding(7i) not only confirms this decision, but sets the principle in a clear light. An executor had exhausted the personal assets by part payment of a debt secured by a mortgage and the testator's bond, and the simple-contract creditors filed a bill against the heir to oblige him to refund what had been discharged of the mortgage debt out of the personal estate. The heir was decreed to make good the money, and the dispute was, whether the fund, which was called equita- ble assets because it could only be recovered in a court of equity, should be distributed among the creditors pari passu, or, one of the creditors having obtained a judgment against the executor, should be administered according to the legal priority. Lord Macclesfield said, '< The doctrine that seems to be laid down by the counsel for the simple-contract credi- tors, that there is this standing difi"erence between assets in law and assets in equity, that, though the former shall go according to the course of administration prescribed by law, yet the latter shall, without any regard to this, go among the creditors equally however difi'erent the nature of their debts, is a doctrine witliout any reason or foundation, and looidd establish a ride in equity directly contrary to the hnown rides of law as to the order in tchich debts are to be jmid. Indeed, as to the case put of land devised by a testator to be sold for the payment of his debts, it is so, and this court does always decree the profits arising from the sale equally among all the creditors ; but then *this r.tP07-i land may be considered as a gift of the testator among all his L J creditors, and as the testator, the donor, has not thought ft to make any distinction between his creditors, so this court, which is in nature of a trustee for the testator, icill make none either. But, generally speaking, there is no difference between assets in law and assets in equity, but both must be distributed by the executor in a course of administration." The next case is that of the creditors of Sir Charles Cox,(i) in which the property in question was the equity of redemption of a term. Sir J. Jekyll was of opinion it should be equitable assets, "it being," he said, " precarious and doubtful whether the mortgage would prove worth redeeming, and all debts being in a conscientious regard equal, and equality the highest equity;" but at the same time it was resolved (/) Hawkins v. Lawse, 1 Leon. 155, per Periam, J.: Anon, case, 1 Roll. Rep. 56 ; Harwood v. Wrayman, cited lb. ; S. C. reported Mo. 858. (^) 1 Vern. 293. (k) 10 Mod. 426 ; S. C. 2 Vern. 763. (0 3 P. "W. 341. 552 LEW IX ox THE LAW OF TRUSTS, ETC. by the court, tliat where a bond was due to A., but taken in tbe name of B., and A. died, that should be paid in a course of administration, for in such a case there could hardly be any dispute touching the quan- tum of the debt, seeing the principal, interest, and also the costs, must be paid to the obligee in the bond ; whereas, in the other case, the costs must be paid by the party coming to redeem : for the same reason, if a term of years were taken in the name of B. in trust for A., this on the death of A. would be legal assets, for here the right to the thing was plain; and if the trustee contested it, he m\x?,t prima facie do it on the peril of paying costs. Hartwell v. Chitters,(7i;) before Lord Hardwicke, was also the case of the equity of redemption of a term, and (the point apparently not un- dergoing much discussion,) was determined in conformity with Sir J. Jekyll's decision, and subsequently, in a case before the Queen's Bench, we find Mr. Justice Baj^ey referring to both Hartwell v. Chitters and the case of Sir Charles Cox's creditors with apparent approval.^ Mr. Cox, in his note to Peere Williams, disapproves of the doctrine held by Sir Joseph Jekyll, that an equity of redemption should be accounted equitable assets ; and observes, that, apon looking into the master's re- port made in pursuance of *the decree in Cox's case, it appeared L J the two only creditors were in equal degree, and the master there- fore declined to distinguish which were legal and which were equitable assets, so that the point in question was not in fact determined ; and he adds, that Hartwell v. Chitters rested entirely on the authority of Sir Charles Cox's case. At all events it must be remarked, that Sir Joseph Jekyll expressly approved the doctrine, that 2i plain trust should be legal assets, though he followed his bent of taking subtle and refined distinc- tions, by holding that a doubtful and j^recarioits equity should be admin- istered as equitable assets. A precarious trust ought upon principle to be governed by the same rules as a plain trust; and therefore his honor's distinction could scarcely be relied upon;(m) and it was said long since by Mitford, afterwards Lord Redesdale, arguendo, that Cox's case, and Hartwell v. Chitters, had been considered as overruled. (n) In a late case before Vice-Chancellor Kindersley, the distinction be- tween legal and equitable assets is thus laid down : Legal assets are such as are available to the creditor in a court of law, equitable assets such as the creditor can only reach through a court of equity. Whether the assets are such that the executor can recover them in a court of law or in a court of equity only, is immaterial. The true test is, whether he recovers them <' virtute officii.'^ If the assets come to his hands as exe- cutor, a court of law would treat them as assets, and they are to be ad- ministered as legal assets. fo) The eases of Cox's Creditors and Hartwell V. Chitters must now be treated as overruled. A trust in fee stands in a very difl"erent light from the trust of a chat- {k) Amb. 308. [1) Clay v. Willis, 1 Barn. & Cres. 3T2. {m) See Sharpe v. Eaii of Scarborough. 4 Ves. 541 : but see Clay v. Willis, 1 B. & C. 372 ; Barker v. May, 9 B. & C. 493. ' (n) Sharpe v. Earl of Scarborough, 4 Ves. 541. (o) Cook V. Gregson, 3 Drew. 547 ; and see Lovegrove \. Cooper, 2 Sm. & Gif. 271 : French r. French, 3 Jur. X. S. 428. PROPERTIES OF CESTUI'S QUE TRUST ESTATE. 553 tel in the hands of the executor. As regards the inheritance, until a late actQ:») it was only in respect of creditors by specialty in which the heirs were bound, that the question of legal or equitable assets could in fact have arisen, *for specialties in which the heirs were not r-^poQ-. bound, and simple-contract debts, were not payable out of real L *^J estate, and statutes and judgments were liais, to a partial extent, upon the equitable fee, and were payable not as debts, but as incumbrances. In respect, then, of specialties in which the heirs were bound, a plain and simple trust was made assets in a court of law in the hands of the lieir, by the Statute of Fravids, and therefoi'e was legal assets in equity ;(j) but complicated trusts, and equities of redemption, were not touched by the statute; and it would seem, upon principle, that as equity subjected the trust to specialty creditors by analogy only to law, the court ouo-ht, by observing the analogy throughout, to have adopted the legal course of administration. Lord Nottingham, than whom no chancellor had a more just concep- tion of the true nature of trusts, determined to this effect in the case of Grey v. Colvile.(r) The bond-creditors had, since the ancestor's de- cease, entered up judgments against the heir; and Lord Nottingham, following the analogy of law, decided that the creditors should be paid according to the priority of their judgments out of a trust in fee, thus treating the trust estate as legal assets in the hands of the JieirJs) Similarly, in the case of a devise of a trust in fee, the analogy pre- sented by the case of the devise of a legal fee ought, it is conceived, to be pursued. It must be borne in mind, that until the 3 & 4 W. & M. c. 14, a devise of the real estate absolutely deprived the specialty cre- ditors of all remedy against either heir or devisee, and that by this sta- tute a remedy was first given against the heir and devisee jointly, in respect of the property so devised. The statute, however, expressly ex- cepted from its operation those cases of devises for payment of debts, &c., in which, according to the doctrine of the courts of equity, real estate devised was administered as equitable assets, and it is conceived that the true test whether a trust in fee devised should be *ad- ^ . pQ„-, ministered as legal or equitable assets, was whether, if the estate L J devised had been a legal estate it would have constituted legal or equi- table assets. The decision in Plunket v. Penson, though the observations of Lord Hardwicke are somewhat sweeping, is not opposed to this view. In that case a testator, seised of the equity of redemption of a trnst estate in fee, devised it to his son, who was also his heir, subject to the testator's debts and some annuities and legacies, and died indebted by bond and simple contract. The point at issue was, whether both species of cre- ditors should be i[)SLid pari jiassu, or the legal priority should be observed. (p) 3 & 4 Will. 4, c. 104, which will be noticed presently. (q) Plunket V. Penson, 2 Atk. 293, per Lord Hardwicke; Kino- v. Ballett 2 Tern. 243. ' (r) 2 Ch. Re. 143. (s) See Morrice v. Bank of England, 3 Sw. 585 ; Dollond v. Johnson, 2 Sm & Gif. 301. 554 LEWIN ON THE LAW OF TRUSTS, ETC. The case of Massam v. Harding was cited ly counsel ; and it was said that Lord Chief Baron Comyns had there taken the distinction, that, if it was a mortgage for years, then the equity of redemption would be legal assets, because the whole interest was not gone from the mortgagor, the reversion in fee being left in him ; otherwise where it was a mortgage in iQQ-Jt) and Lord Hardwicke said, he thought the distinction was right; and in the principal case his lordship said, "I agree, that if a mere trust estate descends upon an heir-at-law, it will be considered as legal, and not as equitable assets ; and this is founded upon the third clause of the statute,(i/) which gives a specialty creditor his remedy at law by an action of debt against the heir of the obligor j but it has not made a mortgage in fee of a trust estate subject to the same thing; for if the specialty creditor should bring an action against the heir of the mortgagor, he might plead riens per descent. Therefore, if the plaintiff be under the necessity of coming here, this court will act according to its known rule of doing equal justice to all creditors without any distinction as to pri- ority." But whatever force may be attributed to these observations, it certainly was not decided by this case, that an equity of redemption in fee should be administered as equitable assets. Had the ancestor been seised of the legal fee, Lord Hardwicke held; that, as the legal descent r*rQl 1 "^o^^*! ^ot *have been broken by the equitable charge, the bond L -I creditor might at laio have recovered his debt against the heir ; and thus, having a claim deliors the will, would have been preferred to the simple-contract creditors, who had only a title under the will. But the ancestor was seised, not of the legal fee, but of an equity of redemji- tion; and against the heir of such an interest the bond creditor had no action at law, but only a remedy in chancery. Now the equitable right was to be made strictly analogous to the legal right; and as at law the bond creditor could only have sued the lieir, and not the devisee for pay- ment of dehts, the question for consideration was, whether the equitable interest had descended or been devised. The testator, by charging the land with his debts had certainly not broken the descent as to the sur- plus interest that might come to the heir; but, as the debts exceeded the value of the estate, he had disposed of the icliole beneficial interest, and the bond creditor could have no remedy against the heir, for there was riens per descent : he could only come into equity with the other cre- ditors under the equitable charge; and as an estate devised for payment of debts must be administered as equitable assets, the bond creditor had no claim to priority. The decision viewed in this light is not at variance with Lord Nottingham's decree in Grey v. Colvile. In Sharpe v. The Earl of Scarborough(i') a testator died seised of an equity of redemption in fee, and the dispute was between the cre- ditors who had obtained judgments in the lifetime of the testator, and the simple-contract creditors, who claimed under a charge in the will. Lord Loughborough held, that, as the judgment creditors might {t) This does not appear in the short note of the case in Bunb. 339. (m) Viz. of Fraudulent Devises, 3 W. & M. c. 14. But quaere, if the 10th section of the Statute of Frauds, 29 Car. 2, c. 3, was not meant. {v) 4 Yes. 538. PROPERTIES OF CESTUI'S QUE TRUST ESTATE, 555 have redeemed according to their priorities, they had liens upon the estate, and were therefore entitled to preference. This was the single point determined, though the case has often been cited in support of the doctrine just advocated that an equity of redemption in fee shall be administered as legal assets. Before concluding the subject under discussion, we must advert to the late statute for the more effectual payment of debts. (if) *The act is entitled " Kn act to render freehold and copyhold i-scpqqt estates assets for the payment of simple contract debts ;" and it L "'J is thereby declared that " when any person shall die seised of or entitled to any estate or interest in lands, tenements, or hereditaments, corporeal or incorporeal, or other real estate, whether freehold, customaryhold, or copyhold, which he shall not by his last will have charged with, or de- vised subject to the payment of his debts, the same shall be assets to he (ulministered in courts of equity for the payment of the just debts of such persons, as well debts due on simple contract as on specialty ; and that the heir or heirs at law, customary heir or heirs, devisee or devisees of such debtor, shall be liable to all the same suits in equity at the suit of any of the creditors of such debtor, whether creditors by simple contract or by specialty, as the heir or heirs at law, devisee or devisees of any person or persons, who died seised of freehold estates, was or were before the passing of that act liable to in respect of such freehold estates at the suit of creditors by specialty in which the heirs were bound : provided always, that in the administration of assets xinder and hy virtue of this act all creditors by specialty in which the heirs are bound shall be paid the full amount of the debts due to them before any of the creditors by simple contract, or by specialty in which the heirs are not bound, shall be paid any part of their demands." Upon the construction of this statute the following observations occur : — 1. It has been decided that the words " assets to be administered in equity" mean only that the creditor shall have his remedy in chancery, and not at law, and do not imply that the estate shall be taken as equi- table assets. The estate therefore is to be distributed as legal assets. (x) 2. The express terms of the act giving priority to creditors by spe- cialty in which the heirs are bound, over creditors by specialty in which the heirs are not bound, have, as a matter of course, had full effect given to ihem.(y\ (to) 3 & 4 W. 4, c. 104. {x) Foster v. Handlej, 1 Sim. N. S. 200; see the judgment more fully reported, 15 Jur. 73. (?/) Richardson v. Jenkins, 1 Drewry, 477. 556 LEWIN ON THE LAW OF TRUSTS, ETC. [*G93] *CH AFTER XXIV. RELIEF OF THE CESTUI QUE TRUST AGAINST THE FAILURE OF THE TRUSTEE. We have now pointed out in what the estate of the cestui que trust pri- marily consists. We have also examined what are the incidents and pro- perties of it by analogy to estates at law. It follows next that we speak of certain coUateral or suhsidiarij rights by which the cestui que trust is supported in the enjoyment of his equitable interest against the various accidents to which an estate, not direct, but transmitted through the instrumentality of another, must necessarily be exposed. In the present chapter we shall consider the force of the maxim, " A trust shall not fail for want of a trustee." It is a general rule that, wherever the intention of the settlor can be clearly collected, and there is no want of consideration, the court will follow the estate into the hands of the legal owner, not being a purcha- ser for value without notice, and compel him to give effect to the trust by the execution of the proper assurances. Thus, if a devisor or settlor appoint a trustee, who either dies in the testator's lifetime, (i;) or disclaims, (?c) or is incapable of taking the estate, (j-) or if the trustee otherwise fjiil,^^) the trust is not defeated, but fastens on the conscience of the person upon whom the legal estate has descended. '' I take it," said Lord Chief Justice Wilmot, «' to be a first r^ron ^°^ fundamental ^principle in equity, that the trust folloics the L J legal estate ivheresoever it goes, exce^^t it come into the hands of a purchaser for valuable consicleration without notice. I never heard any distinction made, nor has any case been cited to prove, that a trust, fit and proper to be executed against a trustee, should be suffered to fall to the ground, and remain unexecuted against an heir at law, where there was no trustee. The lapse of the legal estate never has the least influence upon the trusts to which it is subject. Trust estates do not depend upon the legal estate for an existence. A court of equity con- siders devises of trusts as distinct substantive devises, standing on their own basis, independent of the legal estate or of one another : and the legal estate is nothing but the shadow, which always follows the trust estate in the eye of a court of equity.''^,;) So, if a testator direct a sale of his lands for certain purposes, but omit to name a person to sell, the trust attaches upon the conscience of the heir, and he is as strictly bound to carry the intention into effect, as if he were a trustee regularly appointed. (a) {v) Moggridge v. Thackwell, 3 B. C. C. 528 ; S. C. 1 Ves. jun. 475, per Lord Thurlow ; Attorney-General v. Downing, Amb. 552, admitted. {w) Backhouse v. Backhouse, V. C. of Eng. 20 Dec. 1844. {x) Sonley v. Clockmakers' Company, 1 B. C. C. 81 ; Anon, case, 2 Vent. 349 ; White V. Baylor, 10 Ir. Eq. Re. 53, 54. (y) Attornej'-General v. Stephens, 3 M. & K. 347. (2) Attorney-General v. Lady Downing, Wilm. 21, 22. (a) First clearly settled in Pitt v. Pelham, Freem. 134. RELIEF OF THE CESTUI QUE TRUST. 557 So, if lauds be devisecl,(6) or a sum of money be bequeathed,(6') to a feme covert for her sole and separate use, but without the interposition of a trustee, the property vests at law in the husband, but in eq^uity he holds upon trust for the separate use of the wife. We have seen, in a former chapter, that powers are distributable into arhitvary and Imperative^ and that powers vmjjerative do in reality par- take of the nature of trusts. Upon this ground the court protects a ces- tui que trust from the failure of the donee of a power imperative, as it would do from the failure of any other trustee. " If," said Lord Eldon, "the *power be one which it is the duty of the party to exe- r^-por-i cute — made his duty by the requisition of the will — put upon L ' J him as such by the testator, who has given him an interest extensive enough to enable him to discharge it, he is a trustee for the exercise of the power, and not as having a discretion whether he will exercise it or not ; and the court adopts the principle as to trusts, and will not permit his negligence, accident, or other circumstance to disappoint the interests of those for whose benefit he is called upon to execute \t."((l\ " As to the objection," said Lord Chief Justice Wilmot, " that these powers are personal to the trustees, and by their deaths become unexecutable, they are not powers, but trusts, and there is a very essential difference between them. Poivers are never imperative — they leave the act to be done at the will of the party to whom they are given. Trusts are always impe- rative, and are obligatory upon the conscience of the party intrusted. This court supplies the defective execution of powers, but never the non- execution of them, for they are meant to be optional. But the person who creates a trust means it should at all events be executed. The indi- viduals named as trustees are only the nominal instruments to execute that intention, and if they fail, either by death, or by being under dis- ability, or by refusing to act, the constitution has provided a trustee. Where no trustees are appointed at all, this court assumes the office in the first instance, and in the event which hath happened it is the same as if no trustees had been appointed at all. There is some personality in every choice of trustees; but this personality is res unius cetatis, and, if the trust cannot be executed through the medium which was in the primary view of the testator, it must be executed through the medium which the constitution has substituted in its place. A college was to be founded under the eye of five trustees : that cannot be : the death of the trustees frustrates that medium. What then ? Must the end be lost because the means are by the act of God become impossible ? Suppose the question had been asked the testator, < If the trustees die or refuse to act, do you mean no college at all, and the heirs to take the estate V No : I *trust them to execute my intention : I do not put it into r^^pop-, their power whether my intention shall ever take place at all. "(e) L ' J (b) Bennet v. Davis, 2 P. W. 316 ; Major v. Lansley, 2 R. & M. 355. (c) RoUfe V. Budder, Bunb. 187 ; Tappenden v. Walsh, 1 Phillim. 352 ; Prit- chard v. Ames, 1 Turn. & Russ. 222 ; Parker v. Brooke, 9 Yes. 583 ; and see Roberts v. Spicer, 5 Mad. 491 ; Wills v. Sayers, 4 Mad. 409 ; Rich v. Cockell, 9 Ves. 375. At first there was some doubt: Harvey v. Harvey, 1 P. W. 125 ; Burton V. Pierpoint, 2 P. W. 78. {d) Brown v. Hlggs, 8 Ves. 574. (e) Attorney-General v. Lady Downing, Wilm. 23. April, 1858.— 3G 558 LEWIN ON THE LAW OF TKUSTS, ETC. If trustees, then, have such a discretion committed to them, and they either die ia the testator's lifetime, (/) or decline the office, (5') or disagree among themselves as to the mode of execution, (A) or do not declare them- selves before their death,(/) or if from any other circumstance,(/L-) the exercise of the power by the party intrusted with it become impossible, the court will substitute itself in the place of the trustees, and will exer- cise the power by the most reasonable rule. And the court will take up the trust, whatever difficulties or impracticabilities may stand in the way ',(1) for as Lord Kenyon laid down the rule strongly, if the trust can hy any iwssihiliti/ be exercised by the court, the non-execution by the trustee shall not prejudice the cestuis que trust. (mj In what mode the court will execute the power will vary according to the circumstances of the case. Where the discretion of the trustee is to be governed hy some ride, or to be measured by a state of/acts, which the court can inquire into as effectually as a private person, then the court can "look with the eyes of trustees," and will substitute its own judgment for that of the indi- vidual. Thus, in Hewett v. IIewett,(?z) a power was given to the successive tenants for life " to cut such trees and wood growing upon the premises as A., B., C, and D., or the survivors or survivor of them, should assign, allow, or direct by any writing under their hand." All the trustees died, and the difficulty was, whether the power to cut timber had not thus r*PQ71 ^6^^™^ *extinguished; but Lord Northington said, " The trustees L J were interposed as supervisors only : it is absurd to suppose the testator meant his trustees should have an arbitrary volition, whether the several tenants for life should have any benefit of the fall of timber. If a bill had been brought against the trustees to assign, allow, or direct timber, mature, and fit, to be cut, would it have been an answer, We do not think fit to allow it — stat p)T0 ratione voluntas ? I think the court would not have been satisfied with such an answer. It is the duty of this (iourt, and of all courts, to give devises, as far as their respective juris- dictions admit, their full and specific execution. The office of these trustees is not confined to any personal qucdification, hut such as is gene- ral and may he suhstituted, viz., to see what is fit and proper to be cut." His lordship therefore directed a reference, what timber and wood was mature and fit, and that such should be felled with the approbation of the master. In another case a power was given to trustees to apply, with the appro- (/) Attorney-General v. Lady Downing, Wilm. 1 ; S. C. Amb. 550 ; Attorney- General V. Hickman, 2 Eq. Ca. Ab. 193. [g) Doyley v. Attorney-General, 2 Eq. Ca. Ab. 194 ; Jude v. Worthington, 3 De Gex & Sm. 389. {h) Moseley v. Moseley, Rep. t. Finch, 53, and see Wainwright v. Waterman, 1 Ves. jun. 311. {i) Hewett v. Hewett, 2 Ed. 332; Flanders v. Clark, 1 Ves. 10, per Lord Hard- wicke ; Harding v. Glyn, 1 Atk. 469 ; Ray v. Adams, 3 M. & K. 243, per Lord Langdale ; Grieveson v. Kirsopp, 2 Keen, 653; Croft v. Adam, 12 Sim. 639. {k) Attorney-General v. Stephens, 3 M. & K. 347. {I) Pierson v. Garnet, 2 B. C. C. 46, per Lord Kenyon. (m) Brown v. Higgs, 5 Ves. 505. (w) 2 Ed. 332. RELIEF OF THE CESTUI QUE TRUST. 559 bation of the father and mother, the dividends of certain stock to the maintenance of the children. There was a failure of trustees. Lord Eldon said, '< the intention was that, if it should he j^roper the interest should be applied in maintenance, the trustees should have the power. In this instance there were no trustees, at least none who have been act- ing, and that circumstance imposes upon the court the necessity of examining strictly what the trustees ought to have done. I shall, there- fore direct a reference to the master, whether it would have been reason- able and proper for any trustee or trustees, acting in the execution of the will, to apply the interest towards the maintenance of the children. (o) But the principal authority upon this subject is the case of Gower v. Mainwaring.(/j) John Mainwaring executed a trust deed, by which the trustees were to give the residue of the real and personal estate among the settlor's relations where they should see most necessity, and as they shoidd think most equitable and just. Two of the trustees died, and, the third refusing to act, it was discussed, how far the discretion r^i^pnoT *of the trustees could be vicariously exercised by the court. L -i Lord Hardwicke said, " what differs it from the cases mentioned is this, that here is a i-ule laid down for the trust. Wherever there is a trust or power — for this is a mixture of both — I do not know the court can put itself in the place of those trustees, and exercise that discretion. Where trustees have power to distribute generally according to their discretion withotit any object pointed out or rule laid dow7i, the court interposes not ; unless in case of a charity, which is diiferent, the court exercising a discretion as having the general government and regulation of charity. But here is a rule laid down : the trustees are to judge on the necessity and occasions of the family : the court can{q\ judge of such necessity : that is a judgment to be made of facts existing, so that the court can make the judgment as well as the trustees , and lohen informed by evidence of the necessity, can judge what is equitable and just on this necessity." And his lordship decreed a division among the relations (such relations to be restricted to those within the Statute of Distributions) according to their necessities and circumstances, which the master should inquire into, and consider how it might be most equitably and justly divided. (?•)(!) (0) Maberley v. Turton, 14 Ves. 499. (j)) 2 Vcs. 87. (q) In Mr. Belt's edition of Vescy there is the strange misprint of " cannot judge.'' (r) 2 Ves. 110; and see Liley v. Hey, 1 Hare, 580. (1) The execution of the power in this case in favor of the settlor's relations within the Statute of Distributions, according to their necessities, leads us to observe upon the construction of a direct bequest to a person's "poor or necessitous relations." It is commonly thought that the epithet " poor," " necessitous," or the like, is merely nugatory ; but on consideration there will appear to be a prepon- derating weight of authority in favour of the contrary doctrine. It is perfectly settled, notwithstanding a case in which Lord Hardwicke is said to have held otherwise, (Attorney-General v. Buckland, cited 1 Ves. 231, Amb. 71,) that "rela- tions," though accompanied with the words " poor," " necessitous," or the like, will be restricted to those within the Statute of Distributions. The only question, therefore, is whether as among those within the statute expressions of tiiis kind will not be allowed their effect. In a case reported by Peere Williams (Anon case, 1 P. W. 327,) the bequest was to "jooor relations," and the Countess of Winchelsea, one of the next of kin, was allowed a share, in regard the word "poor" was fre- 560 LEWIN ON THE LAW OF TKUSTS, ETC. *Where the settlor lias given no rule or measiireh^ which the [*699] ,-ijggj.gfjoQ jg to be governed, the court cannot in that case act upon mere caprice, but will execute the power by the most reasonable and intelligible rule that the circumstances of the case will admit. Upon ordinary occasions the court proceeds upon the *maxim, \^'^^^ t}iat equality is equity. Thus in Doyley v. Attorney-General(s) a testator gave his real and personal estate to trustees upon trust to dis- pose thereof to such of his relations of his mother's side who were most deserving, and in such manner as they should think fit, and for such charitable uses aud purposes as they should also think most proper and convenient; and the power having devolved upon the court, Sir J. Jekyll directed, that one moiety of the personal estate should go to the relations of the testator on the mother's side, and the other moiety to (s) 2 Eq. Ca. Ab. 195. See Down v. TTorrall. 1 M. & K. 561 ; but the two sets of objects were connected not by " and," but by " or." It will be observed that Doyley v. Attorney-General, was not cited. quently used as a term of endearment r.nd compassion, rather than to signify indigence. It is evident that this case can have no application where the word •'poor" is not of doubtful meaning, but is clearly to be taken in the sense of poverty and necessity. In Widmore v. Woodroffe, Amb. 636, the testator had given a third of the residue to be distributed '-amongst the most necessitous of his relations." There was only one relation tvithin the Statute of Distributions, and it was held that such relation was exclusively entitled. The only point decided, therefore, was, that the addition of the term " necessitous" would not extend the construction of the word ••' relations" to those out of the statute, and to this single question were the observations of Lord Camden addressed. " Several cases," he said, " have been cited, all proceeding upon the same ground, making the Statute of Distributions the rule to prevent an inquiry which would be infinite, aud would extend to i-elations ad infinitum : the court cannot stop at any other line. Thus it would clearly stand on the word ' relations,' and the word ' poor' being added makes no difference. There is no distinguishing between the degrees of poverty, and therefore the court has, as was unanswerably argued,* construed the will as if the word 'poor' were not in it." Thus there appears to be no authority for holding the words to be nugatory as among the relations tvithin the statute, while on the contrary side of the question there are, as we shall see, two direct decisions. In Brunsden v. Woolredge, Amb. 507, a testator gave 5001. to be distributed amongst his mothers poor relations, and Sir T. Sewell directed the fund to be distributed amongst the poor relations of the mother within the statute zvho ivere objects of charity. In Mahon v. Savage, 1 Sch. & Lef. Ill, we have the authority of Lord Redesdale equally in point. A testator gave lOOOZ. to be distributed amongst his poor relations, or such other objects of charitj' as should be mentioned in his private instructions to his executors. No instructions were left, and Lord Redesdale held, that Lynam, one of the next of kin within the statute, was not entitled to a share, unless he was a poor person at the time of the payment of the legacy. We may also add the dictum of Lord Thurlow in Green v. Howard, 1 B. C. 0. 33 : — "The word 'relations,'" he said, "must be confined to the statute, but not always in the proportions of the statute: where the testator has said, to relations according to their greater need, the court has shown particular fiivour to one." The argument that the court cannot distinguish between the degrees of poverty as amongst the relations within the statute is also answered by the case of Gower v. Mainwaring, cited in the text, in which a direction for such a distinction was actually made. * By referring to the arguments of the counsel, it will clearly appear in what sense his lordship meant to employ the words " there is no distinguishing between the degrees of poverty," viz. as among the relations ad infinitum, not as among the relations within the statute. RELIEF OF THE CESTUI QUE TRUST. 561 charitable uses, the known rule that equality is equity being, he said, the best rule to go by. He said he had no rule of judging of the merits of the testator's relations, and could not enter into spirits, and therefore could not prefer the one to the other, but all should come in without dis- tinction. With respect to the subject under consideration, the cases in which the donor's intention is expressed in the words of a gift, may admit of distinction from those in which it is expressed in the words of aj^oicer. If a fund be limited " upon trust for the children of A. as B. shall appoint," the construction appears to be, that the children of A. take a vested interest by the ffi/f, subject to be divested by the exercise of the power. Therefore, on failure of the power, the children, who were the objects of the power, become absolutely entitled, just as if the discretion had never been annexed. (^) But if the power given to B. be testamen- tary only, that circumstance affords a ground for construing the gift to the children as a gift to those only who might be living at B.'s death. (w) Where, however, an estate is vested in trustees '' upon trust to dis- pose thereof among the children of A.," in this case the children take nothing by way of gi/f, but the transmission of their interest must be through the medium of the j)oice7\ *If the trust be to distribute i-^ya-i-i equally among the objects, the bequest, though in the form of a L J power, must be tantamount to a simple giftjfy) and if the trustees be at liberty to distribute imcqually , and make no distribution, the court, though this was long doubted, itself executes the power, and divides the fund equally amongst the objects of it.(ic) But further, a discretion may be given to the trustee, not only in respect of the proportions to be appointed, but also in respects of the objects to whom the appointment is to be made ; as where a fund is bequeathed to trustees with a discretionary power of distribution to suclc of a class as the trustees shall think fit. In cases of this description the question first to be resolved is, Did the settlor intend to communicate a mere power or to create a trust? In Harding v. Glyn(x) a testator gave to Elizabeth his wife a house and certain goods and chattels, but *' desired her at or before her death, to give the same unto and amongst such of the testator's relations as she should think most deserving and approve of." The wife died without having executed the appointment, and the court considered the discre- tion as imperative, and divided the estate equally amongst the testator's relations living at the time of the wife's death. In The Duke of Marlborough v. Lord Godolphin(_y) a testator by his {t) Davy V. Hooper, 2 Vern. 665 ; Fenwick v. Greenwell, 10 Beav. 412 ; Madoc v. Jackson, 2 B. C. C. 588; Hockley v. Mawbey, 1 Ves. jun. 143, see 149, 150; Jones V. Torin, 6 Sim. 255, &c.; Falkner v. Lord Wynford, 9 Jur. 1006. {u) Woodcock V. Renneck, 4 Beav. 196; 1 Phil. 72. (v) Phillips V. Garth, 3 B. C. 0. 64 ; Rayner v. Mowbray, lb. 234. {w) Hands v. Hands, cited Swift v. Gregson, 1 T. R. 437, note; Pope v. Whit- combe, 3 Mer. 689, corrected from Reg. Lib. 2 Sug. Powers, 650, 6th ed. ; Walsh V. Wallinger, 2 R. & M. 78 ; S. C. Taml. 425 ; Grieveson v. Kirsopp, 2 Keen, 653 ; Brown v. Pocock, 6 Sim. 257; Finch v. HoUingsworth, 21 Beav. 112. {x) 1 Atk. 469, stated from Reg. Lib.; Brown v. Higgs, 5 Ves. 501. [y) 2 Ves. 61. 562 LEWIN ON THE LAW OF TRUSTS, ETC. will gave 30,0007. to his wife, but by a codicil (without date) gave it to her for life only, and after her decease to be divided and distributed to and amongst such of his children, and in such manner and proportions, as she by deed or will should direct or appoint. The wife by will appointed 17,0007. between two of the children who died in her lifetime. The sum appointed having failed by lapse, it was questioned whether it should sink into the testator's estate, or belong to the children as cestuis que trust. Lord *Hardwicke considered, that as the gift in the L '^-'J loiU was an absolute legacy to the wife, the intention of the codicil was not to provide for the children, but to secure their respect and duty to the wife by investing her with a power : that no interest vested in the children independently of any appointment, and therefore the sum that lapsed should fall into the residue. These two cases were the subject of much discussion in Brown v. Higgs,(2;) in which a testator gave certain leaseholds to John Brown upon trust, (after payment of certain charges thereon,) " to employ the rents to such of the children of the testator's nephew Samuel Brown as the said John Brown should think most deserving, and that would make the best use of it, oi' to the childreu of the testator's nephew William xlugustus Brown, if any such there were or might be." John Brown died in the testator's lifetime. Lord Alvanley said, " The question is, whether the surplus rents are a gift to all the children, or to such of them only as the testator's nephew John Brown, who died in his life- time, should appoint. If the former can be collected as his intention, the death of the trustee will make no diiference : if that intention cannot be collected, the selection not having taken place, whatever the reason of its failing may be, the bequest must fail with it. Upon the true con- struction of this will, I am of opinion it is equivalent to saying he gives it to the children of Samuel Brown or of William Augustus Brown, with a power to John Brown to select any he thinks fit and to exclude the others." His lordship, therefore, declared the fund to have been well bequeathed in trust for all the children of Samuel Brown and William Augustus Brown. The cause was reheard before his lordship, who, .after grave consideration of the subject, decreed as before. (a) The decree was afterwards affirmed on appeal by Lord EIdon,ri) and again affirmed in the house of lords. (c) " The Duke of Marlborough v. Lord Godolphin," said Lord Eldon, r*7nm " ^^ certainly very difficult to reconcile with Harding v. *Glyn L J or Brown v. Higgs ; but the question is not, whether one case is to be reconciled with others, but whether all the cases have gone upon a principle which professes to save whole Harding v. Grlyn, Lord Hard- wicke, in The Duke of Marlborough v. Lord Godolphin does not say, that where there is a power, and it is made the duty of the party to exe- cute it, and he would not execute it, in such a case this court would not act, but he collected from the scope and object of the disposition taken altogether that it was a case, in which the person having a power to dis- pose of the sum of 30,0007. had a mere power, not clothed with any duty (2) 4 Ves. 708. (a) 5 Ves. 495. (i) 8 Ves. 561. (c) 18 Yes. 192. RELIEF OF THE CESTUI QUE TRUST. 563 requiring her to esecute it, and tlierefore, as to what was not disposed of, the court could not interfere." ((7) The doctrine of Harding v. Glyn, which has since been confirmed by other authorities,(<:) may now be considered as indisputably established. The rule, as laid down by Lord Cottenham, was thus expressed, that " when there appears a general intention in favour of individuals of a class to be selected by another person, and the particular intention fails from that selection not being made, the court will carry into effect the general intention in favour of the class."(/) The question in favour of what objects a power imperative, whether of distribution merely, or of selection, will be executed by the court, remains to be considered ; and it is conceived that, in reference to this question, each kind of power stands generally upon the same footing. The following results may be deduced from the authorities : First. Where a testator bequeaths property with a power imperative in favour of a class, whether of children, relations, or others, and it appears to be the intention that the distribution or selection should take place as soon as conveniently may be after the testator's death then the court will execute the power in favour of the class as existing at the date of the testator's death. (fc7AY-i was the sole foundation for appealing to the statute at all, it is L J evident the single inquiry for the court is, who would take a distributive share : in %ohat proportions they would take is wholly beside the ques- tion, and in fact beyond the court's jurisdiction ; for, when the class has been ascertained, the testator himself has determined the proportions by devising to the objects in words creating a joint tenancy. (r) No dis- tinction can be taken between real and personal estate ; yet it could scarcely be held, that if lands where devised to the testators " relations," the kindred within the statute would take in unequal proportions. The result of the authorities would seem to accord with what is correct upon principle, viz., that in a gift to ^^ relations " {whether the testator has added the words ^'equally to he divided," or not^ the distribution among the relations within the statute miist he made per capita, and not per stirpes, (.s) The question with respect to " next of kin" can no longer (n) Isaac v. De Friez, Amb. 595 ; but see the case stated from Reg. Lib., Attor- ney-General V. Price, 17 Ves. 373, note (a) ; Carr v. Bedford, 2 Ch. Re. 146 ; Pope V. Whitcombe, 3 Mer. G89. The last case, and Forbes v. Ball, 3 Mer. 437, were both decided by Sir W. Grant, but appear to be contradictory ; however, in the latter case the question raised was, not whether the donee had exceeded her power, but whether the discretion was apoicer or a trust ; for if a power, and it had not been executed by the will, the fund would have sunk into the residue, and the plaintiif have been entitled as residuary legatee. Note, a power of selection will be implied in the case of " relations," where it would not have been implied in the case of " children." Spring v. Biles, and Mahon v. Savage, supra. In the latter case the words were " amongst the relations," but see Pope v. Whitcombe, 3 Mer. 689, where the expression was similar. (o) See White v. White, 7 Ves. 423; Attorney-General v. Price, 17 Ves. 371; Isaac V. De Friez, lb. 373, note {a) ; and see Mahon v. Savage, 1 Sch. & Lef. 111. {p) Bennett v. Honywood, Amb. 708. (5') Thus in Bennett r. Honywood, ubi supra, 456 persons applied as relations within two years. (r) See Walter v. Maunde, 19 Ves. 427, 428. (s) See Thomas v. Hole, Cas. t. Talb. 251 ; Stamp v. Cooke, 1 Cox, 236 ; Phil- lips V. Gartli, 3 B. C. G. 64 ; Green v. Howard, 1 B. C. C. 33; Rayncr v. Mowbray, 3 B. G. C. 234, Reg. Lib. B. 1791, foL 183 ; Pope v. Whitcombe, 3 Mer. 689, Reg. Lib. B. 1809, fol. 1535 ; Hinckley v. Maclarens, 1 M. & K. 27 ; Withy v. Mangles, 4 Beav. 358 ; 10 CI. & Fin. 215. The above cases will be found discussed in Ap- pend. No. IX. 566 LEWIN ON THE LAW OP TRUSTS, ETC, arise : for by the decision of Elmsley v. Young, upon appeal from Sir J. Leacli to the late lords commissioners, (;;) tlie words " next of kin" must be construed to mean " nearest of kin," to tbe exclusion of those who would take under the statute by representation. We have stated that, as a general principle, the court will execute the power among the objects equally; but it sometimes happens that the subject of the gift is incapable of division, or the settlor has expressly directed the whole to be bestowed on one object to be selected bythe trustee. In such cases the court still acts upon the maxim, that, if hy any possibility the power can be executed, the court will do it. In Moseley v. Moseley,(i«) a very early case, an estate was devised to r*7nsn *^"stees upon trust to settle on such of the sons of *N. as the L J trustees should think fit. The trustees having neglected to com- ply with the direction, the sons of N. filed a bill to have the benefit of the trust, and the court decreed the trustees, within a fortnight next after the entry of the order, to nominate such one of the plaintiffs as they should think fit, upon whom to settle the lands of the testator ; and if the trustees should fail to nominate within that time, or there should be any difi'erence between them concerning such nomination, then the court would nominate one of the plaintiff's, it being the testator's intent that his estate should not be divided, but settled upon one person. In Richardson v. Chapman (w) Dr. Potter, Archbishop of Canterbury, gave all his options to trustees upon trust, that in disposing thereof " regard should be had according to their discretions to his eldest son, his sons in law, his present and former chaplains, and others his domes- tics, particularly Dr. T., his chaplain, and Dr. H., his librarian ; also to his worthy friends and acquaintances, particularly to Dr. Richardson." The trustee tried first to give the option in question to himself. He then fixed upon a person, with whom he appeared to have made an underhand bargain. When this failed, he, in breach of his duty, pre- sented a Mr. Venner. On a bill filed to set aside the presentation. Lord Northington considered the trust to be of a kind that the court could not execute, and dismissed the bill. Dr. Richardson appealed against this decision to the house of lords, and the other person, who stood prior to him, not appearing, the house reversed the decree, and ordered the pre- sentation to be made to the appellant. <' This case," says Lord uilvanley, , '' shows, that however difficult it may be to select the persons intended, and though it must depend from the nature of the trust upon the opinion of the trustees as to the merit of the persons who are the objects, yet the court will execute even a trust of that nature, if the trustee shall either neglect to execute, or be disabled from executing, or shows by his con- duct any intention not to execute it as the testator intended he should. When one reads the nature of this trust, how difficult it was to make the selection, it is decisive to show *the court must do it, though [*709] the trust is in its nature so discretionary." ^tc;) (0 2 M. & K. 780 ; and see Withy v. Mangles, 4 Beav. 358 ; 10 CI. & Fin. 215. (m) Rep. t. Finch, 53; S. C. cited Clarke v. Turner, Freem. 199. \v) 1 B. P. C. 318 ; S. C. cited Brown v. Higgs, 5 Ves. 504, 505. (w) Brown v. Higgs, 5 Ves. 504. RIGHTS OF THE CESTUI QUE TRUST. 567 In Brown v. Higgs(ic) an estate was devised " to one of the sons of Samuel Brown, as Jolin Brown should direct by a conveyance in his life- time, or by his last will and testament ;" and, John Brown not having executed the power, Lord Alvanley was inclined to think, though he would not decide the point, that the children of Samuel Brown could not establish a claim : but the ground of this opinion was not that a trust had been created which the court could not execute, but that the inten- tion -of the testator as collected from the will was to communicate a mere jjoioer. *CHAPTER XXV. [*710] THE RIGHTS OP THE CESTUI QUE TRUST IN PREVENTION OP A BREACH OP TRUST. As the estate of the cestui que trust depends for its continuance upon the faith and integrity of the trustee, it is reasonable that the cestui que trust, whose interest is thus materially concerned, should be allowed by all practicable means to secure himself against the occurrence of any act of misconduct. We shall, therefore next consider the rights of the cestui que trust that have a tendency to secure to him this protection. I. The cestui que trust is entitled to have the custody and administra- tion of the estate confided to the care both of proper persons and of a proper number of such persons. Thus if the trustee originally appointed by a will happen to die in the testator's lifetime, the cestid que trust, where such a course would be for his interest, may have the property better secured by a conveyance to an express trustee for himself. So, where the original number of trustees has become reduced by deaths, the cestui que trust may restore the property to its original secu- rity by calling for the appointment of new trustees in the place of the trustees deceased ;(a) and even a cestui que trust in remainder may file a bill to have the number of trustees filled up. (6) If a trustee refuse to act(c) or become so circumstanced that he cannot eflFectually execute the ofiice (as where a trustee goes abroad to reside permanently,((:/) or a */eme trustee marries,(e) or the trustees of r:i:7-|-|-] a chapel entertain opinions contrary to the founder's intention, (/) L J (x) 4 Yes. 708, see TlS, 719 ; 5 Ves. 495, see 508. (a) Buchanan v. Hamilton, 5 Ves. 722 ; Hibbard V. Lambe, Amb.309. (b) Finlay v. Howard, 2 Dru. & War. 490. (c) Maggeridge v. Grey, Nels. 42; Travell v. Danvers, Finch, 380; Wood v. Stane, 8 Price, 613. Anon. 4 Ir. Eq. Rep. 700. {d) O'Reilly v. Alderson, 8 Hare, 101 ; Re Ledwich, 6 Ir. Eq. Rep. 561 ; Com- missioners of Charitable Donations v. Archbold, 11 Ir. Eq. Rep. 187. (c) Lake v. De Lambert, 4 Ves. 592. (/) Attorney-General v. Pearson, 7 Sim. 290, see 309 : Attorney-General v. Shore, lb. 309, see 317. 568 LEWIN ON THE LAW OF TRUSTS, ETC. or if the trustee become bankrupt,(^) or misconduct liimself in any man- ner, (/i) (as by dealing with the trust property for his own personal advancement,(i) by suffering a co-trustee to commit a breach of trust,(7i-) or by absconding on a charge of forgery ;(/) in these and the like cases the cestui qtie trust may have the old trustee removed, and a new trustee appointed in his room. And in such a suit it will not be scandalous or impertinent to challenge a trustee for misconduct, or to impute to him any corrupt or improper motive in the execution of the trust, or to allege that his behaviour is the vindictive consequence of some act on the part of the cestui que trust, or of some change in his situation ; but it will be impertinent, and may be scandalous, to state circumstances of general malice or personal hostility.(m) And if the old trustee be removed on the ground of misconduct, he must bear the expense of the conveyance to the new trustee, as an act necessitated by himself. («) If the settlement require the trustees of a charity to be inhabitants of a particular place, it is improper to appoint persons trustees who do not answer that description, provided at the time of the election there were any inhabitants proper to be trustees. (o) But where it has been the custom to appoint trustees not being inhabitants, the court will not remove the existing trustees, though it will take care that the founder's directions are better observed for the future )[p) and generally, though r*-i 9-1 trustees may have been appointed irregularly in the *first instance, L "'J the cestui que trust cannot come for their removal after an ac- quiescence in the nomination for a great number of years. (j) The court will not dismiss a trustee for the mere caprice of the cestui que trust without any reasonable cause shown, (r) or because the trustee has refused from honest motives to invest the trust fund in a purchase of leasehold estate, where a power for the purpose was given to him with the consent of the tenant for life, and the tenant for life thought the purchase desirable,(s) nor even if the trustee have transgressed the strict line of his duty, provided there was no wilful default, but merely a mis- understanding. (<) Where, however, a trustee pertinaciously insisted on being continued in the office, though his co-trustees were unwilling to act with him. Lord Nottingham said, " He liked not that a man should {g) Bainbri^ge v. Blair, 1 Beav. 495 ; In re Roche, 1 Conn. & Laws. 306 : Com- missioners of Charitable Donations v. Archbold, 11 Ir. Eq. Rep. 187 ; and if the trustee compound with his creditors, it is presumed that he may equally be re- moved, for the cestuis que trust have a right to have the administration of the trust estate committed to responsible persons. ill) Mayor of Coventry T. Attorney-General, T B. P. C. 235 ; Buckridge v. Glasse, Cr. & Ph. 126, see 131.' (^) Ex parte Phelps, 9 Mod. 357. {k) Ex parte Reynolds, 5 Ves. 707. {}) Millard v. Eyre, 2 Ves. jun. 94. (m) Earl of Portsmouth t. Fellows, 5 Mad. 450. \n\ Ex parte Greenhouse, 1 Mad. 92. (0) Attorney-General v. Cowper, 1 B. C. C. 439. {p) Attorney-General v. Stamford, 1 Phill. 737. [q) Attorney-General v. Cuming, 2 Y. & C. Ch. Ca. 139, see 150. (r) O'Keeffe v. Calthorpe, 1 Atk. 18 ; and sec Pippin v. Tucking, 2 Jones and Lat. 95. («) Lee V. Young, 2 Y. & C. Ch. Ca. 532. (0 See Attorney-General v. Coopers' Company, 19 Ves. 192 ; Attorney-General V. Caius College, 2 Keen, 150. RIGHTS OF THE CESTUI QUE TRUST. 569 be ambitious of a trust when he could get nothing but trouble by it," and, without any reflection on the conduct of the trustee, declared he should meddle no further in the trust. (?/) If there be an arbitrary power, with which the original trustee was invested, it is not exercisable by the new trustee appointed by the court. (?;) And of course, a trustee appointed by the court cannot exer- cise a legal power which the original trustee could not have assigned; as if a power of sale be given to trustees to preserve contingent remainders, and to the survivors of them, and the executors or administrators of the survivors, new trustees appointed by the court cannot execute the power. («•) As the substitution of a trustee by the court proceeds upon a full consideration of the case, and is never made unless the court is satisfied as to the fitness of the person proposed, it *cannot be expected |-*--io-i that the court should authorize the insertion of a power in the con- L J veyance to the new trustees, enabling them to nominate other trustees in their stead as often as occasion may require : this would plainly be an abandonment by the court of its own jurisdiction — a delegation of it to the care and judgment of individuals. Accordingly, notwithstanding some previous fluctuation in the practice,(:c) it is now settled that, except in charity cases,(.?/) the court will not authorize the insertion of such a power in the deed of con veyance. (x) It was commonly, but erroneously, supposed, that by a clause in Sir Edward Sugden's Trustee Act,((T) (now repealed,) a new trustee might in all cases have been appointed by the summary process of ?i petition. However, the words of the enactment did not authorize a petition for the mere purpose of appointment of new trustees, but only tchere applica- tion was made under the act for a conveyance or transfer ivhich could not otherwise he ohtained,{l>) and the recent creation of the trust or other circumstances rendered it safe.(c^ The court had authority to appoint new trustees by way of secondary or collateral only, and not of original jurisdiction. The court might have appointed a new trustee, although the settle- (u) Uvedale v. Ettrick, 2 Ch. Ca. 130. (v) Doyley v. Attorney-General, 2 Eq. Ca. Ab. 194; Hibbard v. Lambe, Amb, 309 ; Fordyce v. Bridges, 2 Phill. 497 ; and see Cole v. Wade, 16 Ves. 44, 47 ; Drayson v. Pocock, 4 Sim. 283 ; Lord v. Bunn, 2 Y. & C. Ch. Ca. 98. (w) Newman v. Warner, 1 Sim. N. S. 457. (x) Joyce V. Joyce, 2 Moll. 27G; White v. White, 5 Beav. 221. (/) Attorney-General v. Hurst, M. R., Dec. 2, 1791, Reg. Lib. A. 1791, f. 487; see the decree, stated Seton's Dec. 130 ; In the matter of 52 G. 3, c. 101, 12 Sim. 262 ; Re Lovett's Exhibition, Sidn. Suss. Coll. Camb., cor. V. C. Knight Bruce, Dec. 20, 1849. (z) Bayley v. Mansell, 4 Madd. 226; Brown v. Brown, 3 Y. & C. 395; Southwell V. Ward, Taml. 314; Bowles v. Weeks, 14 Sim. 591; Oglander v. Oglander, 2 De Gex & Sm. 381 : Holder v. Durbin, 11 Beav. 594; in which last case LoVd Lang- dale, M. R., in deference to the views of the other judges, declined to follow his own previous decision in White v. White. (a) 11 G. 4, & 1 W. 4, c. 60, s. 22. (6) In re Fitzgerald, LI. & G. t. Sugd. 20 ; Ex parte Whitley, id. 23 ; In re An- derson, id. 27 ; Re Byrne, 1 Jones & Lat. 535 ; In re Pennefather, In re Hartford, Harte v. French, 2 Drur. & War. 292 ; but see Ex parte Pluuket, 8 Ir. Eq. Rep. 523. (c) la re NichoUs, LI. & G. t. Sugd. 17 ; Ex parte Whitley, id. 23, 570 LEAVIN ON THE LAW OF TRUSTS, ETC. ment contained a looicer of appointing new trustees, if under the circum- P^^^ ,-, stances the power could not be exercised,((Z) *but if the power L *^^\ ^as exercisable the donees of the power should have nominated a new trustee, and then a petition should have been presented, praying the necessary conveyance or transfer, (e) If the person in whom the lejral estate was vested could make the transfer without an order, there was no case for the jurisdiction of the court. By the larger provisions of the act now in force (13 & 14 Vict. c. 60, s. 32,) it is enacted that whenever it shall be expedient to appoint a new trustee or new trustees, and it shall be found inexpedient, difficidt, or imprcticahle so to do without the assistance of the court, the court may appoint a new trustee or trustees, either in substitution for or in addition to any existing trustee or trustees. The Banhriiptcy Act{^f) has also authorized the appointment of a new trustee on j^etition in the case of the trustee's bankruptcy. It declares that '' if any bankrupt shall, as trustee, be seised of or entitled to any real or personal estate, it shall be lawful for the lord chancellor^!;) on the petition of the person entitled in p)Ossession to the receipt of the rent, issues, and profits, dividends, interest and produce thereof,(/i) on due notice given to all other persons, if any, interested therein, to order the assignees and all persons, whose act or consent thereto is necessary, to convey, assign, or transfer the said estate to such person or persons as the lord chancellor shall think fit upon the same trusts as the said estate was subject to before the bankruptcy." • Upon this enactment the following points have been determined : — 1. The act requires that notice should be given to all 2)ersons inte- r-^^-, F-| rested. In one case where a conveyance was made *by A. to B. '- J upon trust by sale or other disposition to secure a mortgage sum advanced by C, and B. became bankrupt, the court refused to make an order on the petition of A. without notice to C.(^) But afterwards in a similar case notice to the mortgagor was dispensed with.(7,;) Where any doubt exists who are the cestuis que trust all must be served, for it was not meant that the court should decide upon the right. (A If the bank- rupt himself be served with the petition he will be allowed his costs. (??i) 2. The act directs the assignees and others to convey ; but where the trust is clear, the legal estate does not pass to the assignees, and there- (d) In re Fauntleroy, 10 Sim. 252; In re Foxall, 2 Phill. 281; and see In re Roche, 1 Conn. & Laws. 306. (e) In re Laffan, 1 Conn. & Laws. 395. (/) 12 & 13 Vict. c. 106, s. ]30, re-enacting 6 G. 4, c. 16, s. 19. (,:YQn-i demurrer."(a)(l) '- -^ 3. Though the plaintiff's demand cannot be met by an absolute bar, and no release of right can he presumed ; yet, thirdly, relief will not be granted where, if administered, it would lead to great jmbh'c or private inconvenience, {h^ Thus in a bill for an account against an executor or administrator, who is in equity a trustee, and not reached by any statute of limitation, though the presumption of a final settlement may be rebutted by positive evidence, the court will not open the account at any distance of time, when it is probable most of the parties are dead and the vouchers and receipts are lost.(c) Where a suit was prosecuted after a delay of threescore and two years. Lord Keeper Wright said, that " the cause being now within one year of the grand climacteric, it was fit it should be at rest."((Z) But bills have been dismissed at the end of twenty-seven years,(c) and a much shorter period would be a sufficient bar, should the court see a difiiculty in granting the relief: every case must be determined with reference to its own particular circumstances. (/) (2) Lord Thurlow evidently means here by this word, mere abstinence from suing, as to which see infra, p. 741. (a) See the argument stated in Mitford on Pleading, 212, 4th edit. \b) See Attorney-General v. Mayor of Exeter, Jac. 448. (c) Hnntou v. Davies, 2 Ch. Re. 44; Huet v. Fletcher, 1 Atk. 467; Pearson v. Belchier, 4 Ves. 627 ; Hercy v. Dinwoody, 2 Yes. jun. 87. {(l) St. John V. Turner, 2 Vern. 418. {e) Campbell v. Graham, 1 R. & M. 453. (/) See Hercy v. Dinwoody, 2 Ves. jun. 93 ; Earl of Pomfret v. Lord "Windsor, 2 Ves. 483. (1) Lord Thurlow considered the demurrer in this case to turn on presumption, and, on that supposition, it was rightly overruled ; but Lord Redesdale, whose profound knowledge of equity pleading cannot be disputed, afterwards declared his opinion that the defendant's demurrer was good, as stating not matter of f\ict, but what is matter of law, viz : the bar to the plaintiff's demand by analogy, or in obedience to the Statute of Limitations. Hovenden v. Lord Annesley, 2 Sch. & Lef. 637 ; and see Kelly v. Glenny, 9 Jr. Eq. Rep. 25. 588 LEWIN ON THE LA^ OF TRUSTS, ETC. In Piekerias v. Lord Stamford (.9) a testator gave the residue of his personal estate ^o a charity, and thirty-five years after his decease, the next of kin filed their bill for an account, *and prayed that such [*740] ^^^^ ^g consisted of money upon mortgage or other real securities, might be declared a void bequest, and distributable, subject to debts, kc, among the testator's next of kin. Lord Alvanley said : " I should be happy to dismiss the bill, if I were authorized by law to say this court would not entertain one after twenty years, every disability to sue being removed. I heartily wish it was so, and see no reason why it should not. It is a fn-ievous thing that the defendants should be disturbed after so Ion*' a lapse. At the same time, / knoic no rule that has established thatraere length of time wiUhar. Therefore, that being the case, I am to say whether, under the circumstances, a bar can be presumed. "(A) And for facilitating the question of presumption, his lordship directed certain previous inquiries by the master ; and it appearing from the re- port, that no release or assignment of their interest by the next of kin for the purposes of the charity could, under the circumstances, be pre- sumed, his lordship then had recourse to the ground of inconvenience. " It does not follow," he said, " that the bill may not be dismissed, though it cannot be pleaded to. The question in all these cases is, whe- ther there are motives of public policy or private inconvenience, to in- duce the court to say, under all the circumstances, the suit ought not to be entertained ; and if great public inconvenience would arise, and the stale demand would involve the parties in endless difficulties in clearing the accounts — difficulties arising from the negligence of the other par- ties in lying by, I very much concur with the principle Lord Cowper lays down in Pooley v. Iiay,(tj that a person, who willingly stands by while the executor pays away money, shall not oblige him to refund, for this would be drawing the executor into a snare. If from the plaintiif's lying by it is impossible for the defendants to render the accounts he calls for, or it will subject them to great inconvenience, he must suffer ; or the court will oppose, what I think the best ground, public conveni- ence. It might have happened, that the trustees, taking possession of the personal estate and not aware of the law, might in the course of so r*"!!! ™^°y years have conducted ^themselves so as not to be able to L -I prove of what the personal estate consisted at the death of the testator. They might have kept such accounts that it would have been impossible to determine whether the plaintiffs could have made any spe- cific demand upon any part of the personal estate. If so, I should have dismissed the bill. If the executors had lost the accounts, I should not have punished them ; for executors are not bound to keep accounts for thirty years. The plaintiffs are so conscious of this, that they do not call on the trustees to account for what has been disbursed before any demand made ; and therefore it is insisted no such inconvenience will arise, as they only desire such an account as can be given, and are willing to take that part of the personal estate that appears to have con- sisted of real securities, and demand no account of interest farther than ia) 2 Ves. jun. 272. (h) 2 Yes. jun. 283, (0 1 P. W. 355. REMEDIES OF THE CESTUI QUE TK UST. 589 from the time of filing the bill. It appears that the trustees, who by their conduct have done themselves great credit, have kept such accounts that there is no difficulty in finding the personal estate at the death of the testator. Then, the only inconvenience will be, that the charity will now cease to have so much. That is certainly to be lamented, but it will not involve any person in difficulties to be attributed to the neglect of the plaintiffs. Therefore, desiring to be understood by no means to give any countenance to these stale demands, but upon the circumstances that there is nothing inducing great public or private inconvenience, that the accounts are found, and that the trustees are not called on to account for what has been disbursed, I am bound to decide in favour of the plaintiffs. "(A-) The doctrine laid down by Lord Alvanley in the case referred to, that mere length of time will not bar, requires some cjualification. Lapse of time or delay in suing, unaccounted for by disability or other circum- stances, constitutes in the eye of a court of equity, laches disentitling the plaintiff, in certain classes of cases at least, to relief from the court. Thus where a plaintiflf cestui que t}'u,'it seeks to impeach a purchase by a trustee, a delay of less than twenty years will bar his title to relief. (A So where a plaintifi" seeks to set aside a purchase *from him of a (-^._ ..-,.. reversionary interest,(77i) or to fix a defendant with a constructive L ' "-I trust, (h) or comes to a court of equity alleginga case of fraud as a ground for avoiding the operation of the Statute of Limitations, (o) So where an account is sought by a surviving partner against the estate of a deceas- ed partner, the court, even assuming such case to fall within the excep- tion as to merchants' accounts in the Statute of Limitations, will not assist after a delay of thirteen years. (j)') And where the assistance of the court is sought in a suit for specific performance, (g^) or in one partaking of that character, (?•) the rule is extremely strict. It is difficult to refer the refusal of relief by the court in the instances mentioned, to any one general principle. In the cases of purchases by trustees, or of claims founded upon constructive trust the probability of alteration of circumstan- ces in regard to the property, and the unfairness of the plaintiff lying by, have weighed with the court. Perhaps, the nearest approach to general principle will be found under the head of <• Public Convenience;'' ^^ Expedit RepuhliccB ut sit Jinis litium." It has been pointed out that in certain cases a delay of less than twenty years operates as a bar ; and the court in these instances departs still further from the analogy offered by the Statute of Limitations, by taking into account partly time which may have elapsed while the plaintifTs interest was reversionary. (s) The question remains, whether laches can {k) 2 Yes. jun. 582, and following pages. (l) See the cases collected, pp. 470, 471, supra. {m) Roberts v. Tunstall, 4 Hare, 257. (n) Clegg V. Edmondson, 3 Jur. X. S. 299 ; and see Pennell v. Home, 3 Drewry 337. (o) Blair v. Ormond, 1 De Gex & Sm. 428. (p) Tatam v. Williams, 3 Hare, 347. (g) Southcomb v. Bishop of Exeter, 6 Hare, 213. (r) Hope V. Corporation of Gloucester, 1 Jur. N. S. 320. (s) Roberts v. Tunstall, 4 Hare, 266; and see Browne v. Cross, 14 Beav. 105 April, 1857.— 38 590 LEWIN ox THE LAAV OF TRUSTS, ETC. ia general be relied upon as a bar to a mere dry equitable demand falling within the purview of some or one or the Statutes of Limitations ; and if, as suggested, public convenience be the true ground for holding laches to be a bar, then it would seem that the legislature itself having prescribed a term of limitation which it deems sufficiently short, the court ought not further to abridge that term. Accordingly, we find the *present lord chancellor expressing himself to the effect, " that [*743J ^^^ simple abstaining from legal proceeding is unimportant, unless the party aggrieved continues inactive so long as to bring the case within the purview of the Statute of Limitations -"{t) and Lord Langdale,(zt) and Lord Cottenham,(v) appear to have entertained the same views. We may now introduce the late act for the limitation of actions and suits. (-^fj) By the 24th section it is declared, that " no person claiming any land or rent in equity shall bring any suit to recover the same, but within the period during which by virtue of the provisions thereinbefore contained he might have made an entry or distress, or brought an action to recover the same respectively, if he had been entitled at law to such estate, inte- rest, or right in or to the same as he shall claim therein in equity." The 25th section declares, that, " when any land or rent shall be vested in a trustee upon any express trust, the right of the cestui que trust, or any person claiming through him, to bring a suit against the trustee, or any person claiming through him, to recover such land or rent, shall be deemed to have first accrued, according to the meaning of the act, at, and 7iot before, the time at icliich such land or rent shall have Leen con- veyed to a purchaser /or valuable consideration, and shall then be deemed to have accrued only as against such purchaser, and any person claiming through him." The 26th section declares, that " in every case of a concealed fraud the right of any person to bring a suit in equity for the recovery of any laud or rent of which he, or any person through whom he claims, may have been deprived by such fraud, shall be deemed to have first accrued at, and not before, the time at which such fraud shall, or with reasonable diligence might, have been first known or discovered." By the 27th section it is provided, that " nothing in the act contained r*~4.4.1 ^^^^^ ^® deemed to interfere with any rule or jurisdiction *of L -I courts of equity in refusing relief on the ground of acquiescence or otherwise, to any person whose right to bring a suit might not be barred by virtue of that act." The 40th section declares that no action or suit or other proceeding shall be brought to recover any sum of money charged upon land at law or in equity or any legacy, (^x) but within twenty years from the accruer of the right, unless there has been part payment of principal or interest, or some acknowledgment. (t) Rochdale Canal Company v. King, 2 Sim. N. S. 89. [u) Mehrtens v. Andrews, 3 Beav. 16. [v) Duke of Leeds v. Earl of Amherst, 2 Phil. 126. («■) 3 & 4 W. 4, c. 27. (x) The word leffaci/ includes a residue or share of residue ; Prior v. Horniblow, 2 Y. & C. 201 ; Christian v. Devereux, 12 Sim. 264. REMEDIES OF THE CESTUI QUE TRUST. 591 And the 42nd section enacts, that no arrears of rent or of interest in respect of any sum of money charged vpon, or payable out of, any land or rent, shall be recovered by any action or suit, but within six years next after the same shall have become due, or after an acknowledgment of the same in writing shall have been given to the person entitled thereto or his agent, signed by the person by whom the same is payable or his agent. Thus twenty years' possession is now a statutory bar to suits in equity in respect of equitable interest, as well as to actions at law upon legal rights ; but in case of disability a term of ten years is allowed by the 16th section next after the cesser of the disability, but by the 17th sec- tion no suit can be brought after the lapse of forty years from the accruer of the right to sue, whatever disabilities may have existed. As it is the nature of a trust that the legal estate should be in one person and the equitable interest (which may or may not carry the right of possession) in another, it is obvious that mere possession would not be a fair criterion by which to regulate the equitable estate. On the one hand, the possession of the trustee may be according to the title and should not prejudice the cestui que trust; and on the other hand, the cestui que trust, when let into possession, is tenant at will to the trustee, who ought not, therefore, to be ousted by an act in the due execution of the trust. The statute, therefore, has declared by the 25th section that, as between the trustee and any person claiming through him, and the cestui que trust *and any person claiming through him, time shall r^-jtr-^ not run until there has been a conveyance to a purchaser for L J valuable consideration. The trust estate may, therefore, be followed by the cestui que trust, not only as against the trustee, but as against all volunteers claiming under him ;(^) but so soon as the estate is conveyed to a purchaser for valuable consideration, as if it be made the subject of a marriage settlement, the time begins to run. (2) No possession by a purchaser for valuable consideration, short of twenty years, will be a bar.(a) And if the cestui que trust be a remainderman, the time it seems will not run until the remainder falls into possession. (ij The 25th section applies only to express trusts ; it is, therefore, neces- sary to ascertain with precision what is meant by the phrase. Trusts, as regards the provisions of the statute, may be considered as divided into express trusts and constructive trusts ; the former arising upon the lan- guage of some written instrument, and the latter such as are elicited by the principles of a court of equity from the acts of parties. It is not necessary to use the word trust in order to create an express trust,(c) but any language that would in equity raise or imply a trust will be deemed an express trust. If, therefore, land be devised to a person (y) Heenan v. Berry, 2 Jon. & Lat. 303 ; Salter v. Cavanagh, 1 Dru. & Walsh, 668 ; Blair v. Nugent, 3 Jon. & Lat. 658 ; 9 Jr. Eq. Rep. 400 ; Ravenscroft v. Frisby, 2 Coll. 16; and see Dixon v. Gayfere, 17 Beav. 421 ; Hawksbee v. Hawksbee, 11 Hare, 230. (z) Petre v. Petre, 1 Drewry, 3'i'l. {a) Attorney-General v. Flint, 4 Hare, 147. (6) Thompson v. Simpson, 1 Dru. & War. 489 ; Attorney-General v. Magdalen College, 18 Beav. pp. 239, 250. (c) Charitable Donations v. Wybrants, 2 Jon. & Lat. 197. 592 LEWIN ON THE LAW OF TRUSTS, ETC. upon trust to receive the rents and thereout to pay certain arrears, the surplus rents result to the heir-at-law upon the face of the instrument, and this being an express trust, the heir-at-law is not barred by twenty years' possession by the trustee (d) p n • *But trusts arising by the construction of a court ot equity [*746] ^^^^ ^j^p j^^^ Qf parties, will not be saved by the clause relating to express trusts, as if the devisee for life of a leasehold estate renew in his own name, the statute will begin to run from the time of the re- newal. (e) , , - . . „ Mere charges might have been held to fall under the description ot express trusts, but that they are dealt with by the statute under a separate section, viz., the 40th ; a circumstance which shows that they were meant to be distinguished from express trusts. If, therefore, an estate be devised to A., charged with 1000?. in favour of B., or " X. paying 1000?. to B., although a bill will lie in equity to have the sum raised on the footing of a trust, yet it is not an express trust within the meaning of the statute, and would, therefore, be barred at the end of twenty years. (/) But a charge in form may be an express trust in fact, if the grantee or devisee be invested with any fiduciary character, as if an estate in Ireland be devised to A., subject to a rent-charge for the maintenance of a schoolmaster to be appointed ; here no trustee is interposed between the devisee and the intended recipient, and the trust, therefore, fastens itself on the conscience of the devisee. (,5^) So, if an estate be devised to trustees and their heirs, upon trust to convey to J. W. for life charged with annuities to certain corporations for charitable purposes. Here, although the corporations are interposed as trustees, yet, as the devisees are bound to execute a settlement, so as to secure the annuities and retain the legal estate in the meantime they are, until the settlement has been executed, trustees for the charity.(A) So, though a simple charge of the testator's debts falls within the 40th section, and the creditor is barred after twenty years, (i) yet, if the will be so worded as to impose on the devisees subject to *the charge the personal obligation of exert- L * J ing themselves actively in paying the debts, it becomes an express trust and falls within the exception of the 2.5th section. (/1-) A charge upon an estate may at the same time be a mere charge within the 40th section, as between some parties, while it is an express trust within the 25th section, as between other parties. If, for instance, an {(l) Salter v. Cavanagh, 1 Dru. & Walsh, 6G8 ; and see Charitable Donations v. Wybrants, 2 Jon. & Lat. 196, 7 Ir. Eq. Rep. 580. In Lord St. John v. Boughtou, 9 Sim. 223, where was an express trust to sell and pay debts, the V. C. of England held that as no part of the produce of the sale had been set apart for debts, the case was not within the exception of the 25th sect., but fell under the 40th sect. This, it is conceived, cannot be maintained. (e) Petre v. Petre, 1 Drewry, 371. (/) Knox V. Kelly, 6 Ir. Eq. Rep. 279 ; Toft v. Stephenson, 7 Hare, 1 ; Hodge V. Churchward, 16 Sim. 71 ; Francis v. Grover, 5 Hare, 39; Hughes v. Kelly, 3 Dru. & War. 482 ; and see Harrison v. Duignan, 2 Drur. & War. 295. (g) Attorney-General v. Persse, 2 Dru. & War. 67. {h) Charitable Donations v. Wybrants, 2 Jon. & Lat. 182, 7 Ir. Eq. Rep. 580. (i) Dundas v. Blake, 11 Ir. Eq. Rep. 138, and cases there cited. [k) Hunt V. Bateraan, 10 Ir. Eq. Rep. 360, and cases there cited. REMEDIES OF THE CESTUI QUE TRUST. 593 estate be devised to A. and liis heirs, subject to a charge of 500?. to B. and C. upon certain trusts, here, as between A. and the two trustees, it is a mere charge and will be barred in twenty years, but, as between the two trustees and their ccstnis; que trust, it is an express trust and the time of the bar as to them will be extended accordingly. And if a term be limited to trustees for the purpose of securing the charge, the rights of the cest%ds que trust will not be barred so long as the term vested in their trustees remains unbarred. (/) To make the 40th section operate as a bar there must be a hand to receive, and capable of signing a receipt, as if 400/. be charged on an estate, and by the same deed it is assigned to trustees upon trust for A. and B. for their lives, and after the death of the survivor for their chil- dren, but no power of signing receipts is given to the trustees, and, on the contrary the court collects the intention that the trustees were not to raise the money till after the death of the surviving tenant for life, the statute will not begin to run until the latter period. (??i) It will be observed that, by the 25th section, the cestui qtie trust and any person claiming through him maj' enforce the trust against the trus- tee and any person claiming through him, but both trustee and cestui que trust may be ousted by the intrusion of a third title, and if so, the statute will begin to run from the dispossession of the trustee and cestui que trust. Thus, in 1810, a legal estate was vested in trustees upon trust for five tenants in common, but from that time till the filing of the bill in 1842, four of the tenants in common received the rents to the ^exclusion of their co-tenant and of the trustees who never exe- r-i(yj\cr\ cuted their duty ; and it was held that there had been an ouster L J of both trustees and cestui que trust, and that the right of such cestui que trust was barred by the statute. (?«] But possession by one cestui que trust, where it is according to the title (even where a trustee might at any time, and in the strict discharge of his duty ought to, have taken possession,) will not give a title to the cestui que trust in possession to the ouster of the trustee and the other cestuis que trust who claim under him, otherwise the most mischievous consequences would follow from the statute. (0) In these cases the ces- tui que trust in possession is the tenant at will of the trustees, and until that will is determined, the possession of the cestiii que trust is the pos- session of the trustee. (^>) But the doctrine that a cestui que trust, who is in possession with the consent or acquiescence of the trustee, must be [l) Young V. Lord Waterpark, 13 Sim. 202, on appeal, 15 L. J. N. S. Ch. 63 ; and see Ward v. Arch, 12 Sim. 472. {m) M'Carthy v. Daunt, 11 Jr. Eq. Rep. 29. Assuming tliat the trustees could not sign a receipt, the decision was right ; but it was a bold step to say that the trustees had not such a power. [n) Burroughs v. M'Creight, 1 Jon. & Lat. 290, T Ir. Eq. Rep. 49; Charitable Donations v. Wybrants, 2 Jon. & Lat. 198 ; 7 Ir. Eq. Rep. 580 ; Law v. Bagwell, 4 Dru. & War. 409. (0) Young V. Lord Waterpark, 13 Sim. 202. On appeal, 15 L. J. N. S. Ch. 63; Cox V. Dolman, 2 De G. M. & G. 592. (p) Garrard v. Tuck, 8 Com. B. Rep. 231 ; 13 Jur. 871 ; and see Doe v. Phillips, 10 Q. B. Rep. 130, which is not at variance with Garrard v. Tuck, as in the former case the tenancy at will had not been determined. 594 LEWIN ON THE LAW OF TRUSTS, ETC. regarded as his tenant at will, does not prevent a third party who obtains possession from the ceshii qve trust, and holds for twenty years without payment of rent or acknowledgment of title to either cestui que trust or trustee, from setting up the statute as a bar ; or at all events, the third party may plead the statute where the cestui que trust was never in actual occupation. (g') The 42nd section of the act, limiting the recovery of arrears of rent or interest to the last sis years only, has no application to cases of ex- press trusts within the 25th section, but the cestui que trust may recover from his trustee the whole arrearages from the commencement of the title.(y) And under the 42nd section, as under the 40th, where there is a subsisting term not *barred, upon which the trustee may L' ''*'^J obtain possession, the whole arrearages may be recovered.(s) Thus, in Cox v. Dolman, (A a testator devised his lands to the use of trustees for ninety-nine years upon trust to pay certain annuities, and subject thereto to the use of J. Cox for life, with remainder over ; and after the death of S. Cox, one of the annuitants filed a bill to have the arrears of the annuity raised out of the estate. The executors of S. Cox pleaded the statute as a bar to more than six years' arrears, but the court held that it was the case of an express trust, and that the tenant for life had taken possession subject to the trust, and that the term was a subsisting one, upon which the trustees might at any time have recovered, and the plaintiff was declared entitled to the whole arrears, which were to be paid out of the assets of the tenant for life up to the day of his death, and since his death by the remainderman. The direct remedy was, no doubt, to have the whole arrears raised by sale or mort- sasie of the term, but as the remainderman would be entitled to recover the arrears that accrued in the lifetime of the tenant for life from his estate, the court, to avoid circuity, decreed payment at once out of the tenant for life's assets. The case of charities requires a separate consideration. It was at first doubted whether they were at all affected by the statute ;(?<) but it was afterwards held that they were within the operation of the act, though they would generally be protected by the 25th section, relating to express trusts. (2;) If, however, the principles for the first time laid down by the master of the rolls in Attorney-General v. Magdalen College, (u') be recognized by the other courts, it will be difficult to find a case in which the rights of the charity can be barred. The rents of certain premises in South wark had been applied for more than a year by the rector and churchwardens of St. Olave for the benefit r*7'sm ^^ ^^^ P°*^^ ^^ ^^^^ parish. In 1790, the *rector and church- ■- J wardens, and two inhabitants, by a feoffment with livery of seisin (3) Melling v. Leak, 16 Com. B. Rep. 652. M Playfair v. Cooper, 17 Beav. 187 ; Gough v. Bult, 16 Sim. 323. (s) Cox V. Dolman, 2 De Gex, Mac. & Gord. 592 ; Snow v. Booth,. 2 K. & J. 132 ; Earl of Mansfield v. Ogle, 1 Jur. N. S. 414. (t) 2 De G. M. & G. 592, (m) Incorporated Society v. Richards, 1 Dru. & War. 287, 288. (v) Charitable Donations v. Wybrants, 2 Jones and Lat. 182 ; 7 Ir. Eq. Rep. 580. (w) 18 Beav. 223; Attorney-General v. Magdalen College, has been reversed in REMEDIES OF THE CESTUI QUE TRUST. 595 and a fine, conveyed the premises to Morden College, in consideration ot a rent-charge reserved. In 1852, an information was filed by the attorney-general to set aside the conveyance, and the questions eventually resolved themselves into the eff'ect of the Statute of Limitations. Under these circumstances it was ruled by the master of the rolls : 1st, that as no legal estate appeared to have been vested in the rector and church- wardens and two inhabitants, the conveyance of 1790 was a disseisin, and not a conveyance by the trustees within the 25th section ; 2nd, that trustees of a charity who make a conveyance are barred after twenty years, but that the cestuis que trust have an independent right to sue, as to which, time does not begin to run until there is some cestui que trust who is capable of suing •,(x) Srdly, that the attorney-general, as he had no legal or beneficial interest in the property, was not such a person a< could sue, within the meaning of the 25th section ; 4thly, that the rector and churchwardens, who in this case had no legal or beneficial interest, were not such persons within the meaning of the act ; 5thly, that the poor of the parish were not such persons, inasmuch as they could not institute a suit on their own behalf, but an information must be filed in the name of the attorney-general ; and, under these circum- stances, the court set aside the conveyance, and directed it to be can- celled. The cestuis que trust of a charity are, from the nature of the case, not in a position to litigate with their wealthy neighbours, and as an infor- mation in the name of the attorney-general, who alone can sue, must in general be at the relation of other parties, who should be liable for costs, there can be no doubt that charities would greatly sufi'er if they were bound by the same lapse of time as in the case of private persons. It is not unlikely, therefore, that the doctrines thus broadly laid down by the master of the rolls may be followed by other judges. III. We shall briefly notice to what extent a court of equity, upon recovery of the estate, will direct an account against the defendant of the mesne rents and profits. *The general rule is, that a cestui que trust, by establishing r*Tr-|-i his claim to the land, has thereby established a right to the mesne L J rents and profits from the very commencement of his title ; for if the corpus of the estate was his, the rents and profits, which ought to follow the corpus, were tortiously intercepted by the wrongful possessor. (.y) But to the above rule several exceptions must be made : for, — 1. It would seem the cestui que trust cannot enforce an account beyond the period of the preceding six years ; provided, at least, the defendant has pleaded the Statute of Limitations in bar.(^) {x) Attorney-General v. Pearce, 2 Dru. & War. 57. {y) Dormer v. Fortescue, Ridg. Rep. t. Hardwicke, 183; S. C. 3 Atk. 130, per Lord Hardwicke ; Hobson v. Trevor, 2 P. W. 191 ; Coventry v. Hall, 2 Ch. Ca. 134 ; Attorney-General v. Floyer, 2 Vern. 748 ; Duke of Norfolk's case, 3 Ch. Ca. 52 ; Stackpole v. Davoren, 1 B. P. C. 9 ; and see Turner v. Buck, 22 Vin. Ab. 21. In Thomas v. Thomas, 2 K. & J. 70, Vice-Chancellor Wood appears to have considered the rule to be to give an account from the date only of tiling the bill. {z) Love v. Bade, Rep. t. Finch, 269; Reade v. Reade, 5 Ves. 749, 750; Har- mood V. Oglander, 6 Ves. 215; Drummond v. Duke of St. Albans, 5 Ves. 439 ; Hercy v. Ballard, 4 B. C. C. 4G8; Stackhouse v. Barnston, 10 Ves. 470 : Money- penny v. Bristow, 2 R. & M. 125. 596 LEWIN ON THE LAW OF TRUSTS, ETC. 2. If the defendant was a bona fide possessor, that is, if he had no notice of the plaintiff's title expressly given him, and had no deeds or writings in his custody which showed the title of the plaintiff or any stranger, in such case the account of the mesne rents and profits will be restricted to the time of filing the bill ;(o) and no further account will be o-ranted, though the plaintiff was an infant, and the defendant an express trustee, but ignorant of his own true character.(6) How- ever, such rents and profits as accrued before the filing of the bill, but never came to the hands of the defendant, as money paid into court, will follow the right to the land, and be decreed to the plaintiff. (c) 3. If the cestui que trust be guilty of laches, the account will not be P^-p.^, carried further back than to the filing of the bill, for it *was the L -I plaintiff's own fault that he did not institute his suit at an earlier period ;(<'Z) and if it be a case o? great laches, the court will show its dis- pleasure by not directing an account beyond the date of the decree. (e) In an old case, a cestui que trust had filed his bill for an estate upon the ground of an equitable title, and charged the defendant with the receipt of the mesne rents and profits, but prayed only for a conveyance of the lands, omitting to pray specially for any account of the rents. A conveyance was decreed, and no account ordered; but afterwards the cestui que trust filed a second bill for the exclusive purpose of obtaining an account of the mesne rents and profits, and the court so decreed it.(/) The order to account for mesne rents and profits will not, except in a case of gross fraud, (^) contain the words, " which, without neglect or default, the defendant might have received," and a direction to make all just allowances in taking the account will be inserted. (A) The assignee who has had the perception of the rents and profits, will, in the first instance, account for them, not, however, with interest. (<") But if the assignee be insolvent, the trustee who tortiously assigned will then be answerable for the mesne rents and profits personally. (/i;)(l) {a) Dormer v. Fortescue, Ridg. Rep. t. Hardwicke, 183 ; S. C. 3 Atk. 134, per Lord Hardwicke ; Pulteney v. Warren, 6 Ves. 93, per Lord Eldon ; Edwards v. Morgan, M'CleL 541, see 554, 555 ; Forder v. Wade, 4 B. C. C. 521. (6) Drummond v. Duke of St. Albans, 5 Ves. 433, see 439. (c) S. C. (d) Dormer v. Fortescue, Ridg. Rep. t. Hardwicke, 183; S. C. 3 Atk. 130, per Lord Hardwicke; Cook v. Arnham, 2 Eq. Ca. Ab. 235 ; Pettiward v. Prescott, 7 Ves. 541 ; Bowes v. East Loudon Waterworks' Company, 3 Mad. 375 ; and see Pickett V. Loggou, 14 Ves. 215 ; Kidney v. Coussmaker, 12 Ves; 158; Schroder v. Schroder, Kay, 591. (e) Acherley v. Roe, 5 Ves. 565. (/) Hall v. Coventry, 2 Ch. Ca. 134. {g) Stackpole v. Davoren, 1 B. P. C. 9. (/;) Howell v. Howell, 2 M. & C. 478. (i) Macartney v. Blackwood, Ridg. Lapp. & Sob. 602. [k) Vandebende v. Livingston, 3 Sw. 625. (1) As the subject of accounting for mesne rents and profits in equity is nowhere to be found in any systematic form, the following remarks may perhaps be found useful. An account of rents and profits may be sought, either independently of relief respecting the corpus of the land, or as incident or collateral to it. I. Where the account is sought independently of other relief, if it be directed against a person who is an express trustee, then, as the statutes of limitation do not run between trustee and cestui que trust, an account will be directed from the time REMEDIES OF THE CESTUI QUE TRUST. 597 *SECTION II. [*753] THE RIGHT OF ATTACHING THE PROPERTY INTO WHICH THE TRUST ESTATE HAS WRONGFULLY BEEN CONVERTED. If the trust estate has been tortiously disposed of by the trustee, the the rents were withdrawn. See Attorney-General v. Brewers' Company, I Met. 498; Mathew v. Brise, 14 Beav. 341. If the claim to the rents rest upon a legal title, the plaintifiF has then a legal re- medy, and cannot come into a court of equity at all ; Jesus College v. Bloom, 3 Atk. 262; and see Dinwiddle v. Bailey, G Yes. 136; Taylor v. Crompton, Bunb. 95; Lansdowne v. Lausdowne, 1 Mad. 137 ; except in cases where, from the com- plicated nature of the accounts, or other particular circumstances, a court of law would afford very inadequate relief; see O'Gonner v Spaight, I Sch. & Lef. 309 ; Corporation of Carlisle v. Wilson, 13 Ves. 2T6. But an infant may file a bill for an account upon a legal title ; Gardiner v. Fell, I J. & W. 22 ; Roberdeau v. Rous, 1 Atk. 543 ; Yallop v. Holworthy, I Eq. Ca. Ab. 7 ; Newburgh t. Bickerstaffe, I Yern. 295; Curtis v. Curtis, 2 B. C. C. 631, per Cur.; as every person entering upon an infant's lands is regarded in the light of a bailiff or receiver for the infant ; Dormer v. Fortescue, 3 Atk. 130, per Lord Hardwicke ; Pulteney v. W^arren, 6 Yes. 89, per Lord Eldon ; Morgan v. Morgan, 1 Atk. 489 ; Lord Falkland v. Bertie, 2 Yern. 342, per Cur. ; Doe v. Keen, 7 T. R. 390, per Lord Kenyon ; Hicks v. Sallitt, 3 De G. M. & G. 782. And the jurisdiction against a person entering during the infant's minority remains, though the bill be not filed until after the infant attains 21; Blomfield v. Eyre, 8 Beav. 250; Hicks v. Sallitt, ubi supra. And generally all persons may have an account upon a legal title in respect of mines, which are a species of trade; Bishop of Winchester v. Knight, 1 P. W. 406; and see Pul- teney v. Warren, 6 Yes. 89; Lansdowne v. Lansdowne, 1 Mad. 116; Parrott v. Palmer. 3 M. & K. 632; or of tithes, which when severed are property in trust; Collins v. Archer, 1 R. & M. 284, &c. ; but not it seems of tiviber, without praying an injunction ; Jesus College v. Bloom, 3 Atk. 262 ; and see Poulteney v. W^arren, 6 Yes. 89; University of Oxford v. Richardson, lb. 701 ; Grierson v. Eyre, 9 Yes. 346; but see Garth v. Cotton, 1 Dick. 211 ; Lee v. Alston, 1 B. C. C. 194. Although where a remedy lies at law an account cannot be had in equity against iht pernor of the profits himself, yet, perhaps, after his decease, if the action sur- vive at law against the executor, the party entitled to the profits may consider himself a creditor, and file a bill in equity for an account of the assets. Mony- penny v. Bristow, 2 R. & M. 117, (but the bill also prayed delivery of title deeds;) Gardiner v. Fell, 1 J. & W. 22, (but the plaintiff was also an infivnt.) Where, as in the preceding cases, a court of equity assumes a concurrent juris- diction with courts of law, the account will not be extended beyond the legal limit of six years, provided the statute be pleaded, Lockey v. Lockey, Pr. Ch. 518 : but if the defendant do not avail himself of the statute by demurrer, plea, or answer (see Monypenny v. Bristow, 2 R. & M. 125,) or if the plaintiff be an infant who is exempted from the Statute of Limitations, Hicks v. Sallitt, 3 De G. M. & G. 782, the account will be granted in equity, as at law from the time the title ac- crued. It often happens that a legal remedy did exist, but has since, by the death of a party, or the determination of the estate, become extinguished. In such a case, as the right was not, but only is, without a remedy at law, there seems no ground in general for the interference of a court of equity. Barnwall v. Barn wall, 3 Ridg. P. C. 71, per Lord Fitzgibbon ; Hutton v. Simpson, 2 Yern. 722 ; Norton v. Frecker, 1 Atk. 525, 526, per Lord Hardwicke ; and see Pulteney v. Warren, 6 Yes. 88. But if the remedy was lost through mistake, the court upon that principle will interpose: as where a lease was held for the lives of A. and his two daughters B. and C, and A. afterwards married again, and had another daughter, who was also named B., and the landlord on the expiration of the lease by the death of the real cestui que vie, did not enter, B. the daughter by the second marriage being mistaken for B. the life named in the lease. Lord Macclesfield said, " Where one has title of entry, and neglects to enter or to bring his ejectment, but sleeps upon it for several 598 LEWIN ON THE LAW OF TRUSTS, ETC. ceshii que trust may attach and follow, so long as it can be traced, the property that has been substituted in the place of the trust estate. years as he has no remedy at law for the mesne profits, so neither has he in equity, for it was his own fault he did not enter, and he shall never come into a court of equity for relief against his own negligence, or to make the tenant in possession who held over his lease to be but his bailifi" or steward, whether he will or not; but in the present case, by reason of the circumstance of both daughters being of the same name, and the mistake consequent thereon, the defendant must account for the mesne profits from the expiration of the lease." Duke of Bolton v. Deane, Pr. Ch. 516. (Note, in this case Lord Hardwicke thought a remedy still existed at law. Dormer v. For- tescue Ridg. Rep. t. Hardwicke : but Lord Macclesfield was evidently of a different opinion, and' so was Lord Fitzgibbon. Barnwall v. Barnwall, 3 Ridg. P. C. G8.) So equity will relieve where the remedy was prevented hj fraud: as where A. was entitled to a leasehold estate, but B., concealing the deeds, remained in pos- session until the term had expired, Lord King directed an account of the rents and profits from the time that A.'s title accrued, on the ground that A. had been kept in ignorance of his just rights through B.'s fraudulent concealment of the deed and counterpart. Bennet v. Whitehead, 2 P. W. 644 ; and see Duke of Bolton v. Deane, Pr. Ch. 516, and Barnwall v. Barnwall, 3 Ridg. P. C. 66. And generally the court will in all cases lend its aid where the legal process has been lost, not by any delay on the part of the plaintiff, but through some default of the defendant. Pulteney v. Warren, 6 Ves. 73. IL An account may be sought as incident or collateral to the relief. The doc- trines upon this subject have been very distinctly laid down by Lord Fitzgibbon, afterwards Lord Clare, in Barnwall v. Barnwall, 3 Ridg. P. C. 66. 1. "The general rule of equity," he said, "is, that if the suit for recovery of possession be properly cognizable in a court of equity, and the plaintiff obtain a decree, the court will direct an account of rents and profits, as incident to such relief." This rule has been treated of in the text, and requires no further observation. 2. " If a man have a mere legal title to the possession, he has no right to come into equity for the recovery of it; and if he has originally recovered the posses- sion at law, he has no manner of right to proceed by bill for an account of rents and profits: as his title to the possession was at law, he must proceed for the whole there." See also Dormer v. Fortescue, 3 Atk. 130 ; Tilly v. Bridges, Pr. Ch. 252 ; Owen v. Aprice, 1 Ch. Re. 32 ; Anon, case, 1 Vern. 105, contradicted 3 Atk. 129. Upon this rule it must be remarked, that a dotvress, (Mundy v. Mundy, 2 Ves. jun. 122 ; D'Arcy v. Blake, 2 Sch. & Lef. 387 ; Wild v. Wells, 1 Dick. 3 ; Meggot V. Meggot, 2 Id. 794; Goodenough v. Goodenough. 2 Id. 795; Curtis v. Curtis, 2 B. C. C. 620 ; Moor v. Black, Rep. t. Talbot, 126; and see Dormer v. Fortescue, 3 Atk. 130; Poulteney v. Warren, 6 Ves. 89 ; Agar v. Fairfax, 17 Ves. 552 ;) and infant (see Dormer v. Fortescue, 3 Atk. 130, 134 ; S. C. Ridg. Rep. t. Hardwicke, 183, 191 ; Pulteney v. Warren, 6 Ves. 89; Newburgh v. Bickerstafife, 1 Vern. 295 ;) are allowed to proceed in equity upon their legal title, and incidentally to the relief will be decreed an account of the mesne rents and profits. But by 3 & 4 W. 4, c. 27, s. 41, the arrears of dower are recoverable for six years only next preceding the commencement of the suit. And the account of an infant will be barred, if he do not bring his bill within six years after he has attained his majority. Lockey V. Lockey, Pr. Ch. 518. 3. " If a party be obliged to come into a court of equity for aid to enable him to prosecute his title at law," (as where he cannot recover in a legal action by reason of an outstanding term, or because the title deeds to the estate are in the hands of the defendent,) "after possession recovered at law, there may be cases in which he may come back for an account of rents and profits in the suit depend- ing in equity." And see Dormer v. Fortescue, 3 Atk. 124; S. C. Ridg. Rep. t. Hardwicke, 176; Reade v. Reade, 5 Ves. 744. Or the plaintiff being obliged to resort to equity on one ground, may, to prevent circuity, ask complete relief in the first instance in that court ; and if his title be established, either by the deter- mination of the court itself, or by an issue directed at law, an account of the rents and profits will be consequential upon the relief. Townsend v. Ash, 3 Atk. 336; Edwards v. Morgan, M'Clel. 541 ; Reynolds v. Jones, 2 Sim. & Stu. 206. REMEDIES OF THE CESTUI QUE TRUST. 599 It seems never to liave been doubted, thatwbere the *conver- p^-r ,-, sion was in pursuance of the trust, the newly acquired property L J would be bound by the original equity ;(^) but in the leading case of Taylor v. Plumer,(m) it was ^contended, that where the eonver- |-^_._ sion was tortious, then as the estate purchased was not in a form L J consistent with the trust, *and the cestui que trust would be under r-^^-r p-, no obligation to accept it in lieu of the rightful property, the L J cestui que trust should come in as a general creditor, and not be permit- ted to assert a specific lien. But this distinction was disallowed by the court, and indeed seems to have been viewed as not maintainable in the prior(rt) as well as in the subsequent(o) cases. Lord Ellenborough observed, " Upon a view of the authorities and consideration of the arguments, it should seem, that, if the property in its original state and form was covered with a trust, no change of that form can divest it of such trust, or give the trustee,, or those who represent him in right, any other more valid claim in respect to it than they respectively had before such change. An abuse of trust can confer no rights on the party abusing it, nor on those who claim in *privity with him.'Yp) p^^._-. But where a man borrows money for the purpose of purchasing an L -I estate, and afterwards misapplies a trust fund in discharge of the debt so contracted, the transaction cannot be treated as a purchase made with the trust money.r^'). It was said by Lord King that " money had no earmark, insomuch that if a receiver of rents should lay out all the money in the purchase (Z) Burdett v. Willet, 2 Vern. 638 ; Ryall v. Rolle, 1 Atk. 172 ; Ex parte Cliion, 3 P. W. 187, note (A) ; Waite v. Whorwood, 2 Atk. 159; Ex parte Sayers, 5 Ves. 169 ; Anon, case, Sel. Ch. Ca. 57. (to) 3 Maul. & Sel. 562. (n) Whitecomb v. Jacob, 1 Salk. 160 ; Lane v. Dighton, Amb. 409 ; Ryal v. Ryal, lb. 413; Balgney v. Hamilton, lb. 414; Wilson v. Foreman, 2 Dick. 593, is mis- reported: see Lench V. Lench, 10 Ves. 519. (0) Lord Chedworth v. Edwards, 8 Ves. 46; Greatley v. Noble, 3 Mad. 79; Buckeridge v. Glasse, Cr. & Ph. 126; Murray v. Pinkett, 12 CI. & Fin. 784; Sheridan v. Joyce, 1 Jones & Lat. 401 ; Trench v. Harrison, 17 Sim. Ill; Mayor of Berwick v. Murray, 3 Jur. N. S. 1 ; Harford v. Lloyd, 20 Beav. 310. (/j) Taylor v. Plumer, 3 M. & S. 574. {q) Denton v. Davies, 18 Ves. 499. In these cases the account will clearly be restricted to the period of six years ; for the plaintiff recovers upon a legal title, and the circumstance of his being obliged to sue in equity does not alter the nature of the action for inesne rents and profits. See Reade v. Reade, 5 Ves. 749, 750; Harmood v. Oglander, 6 Ves. 215; Drummond v. Duke of St. Albans, 5 Ves. 439 ; Hercy v. Ballard, 4 B. C. C. 468 ; Stackhouse v. Barnston, 10 Ves. 470; Monypenny v. Bristow, 2 R. & M. 125; and see Reynolds y. Jones, 2 Sim. & Stu. 206. In a late case, Thomas v. Thomas, 2 K. & J. 70, Vice-Chancellor Wood considered the rule to be, to give the account from the filing of the bill only. But if the plaintiff" has been kept out of the estate by the fraud, misrepresenta- lion, or concealment of the defendant, the court will suppose that, had the plaintiff" known his just rights, he would have commenced his action at law on the first accruer of his title, and will then decree an account of the mesne rents and profits against the defendant from that period. Dormer v. Fortescue, Ridg. Rep. t. Hard- wicke, 184, 185 ; S. 0. 3 Atk. 130. On the other hand, if the plaintiff" be in fault, as, if he be guilty of laches, the account will be restricted to the time of filing the bill. Edwards v. Morgan, M'Clel. 541, see 557. 600 LEWIN ON THE LAW OF TRUSTS, ETC. of land or if an executor should realize all his testator's estate, and after- wards die insolvent, yet a court of equity could not charge or follow the land ;"{)•) and bank-notes and ncffotiahle bills have been represented as possessing the same quality. But the notion seems to have originated from souae misconception, and cannot be supported. « 'Tis pity/' said Lord Mansfield, <' that reporters sometimes catch at quaint expressions that may happen to be dropped at the bar or bench, and mistake their meanino-. It has been quaintly said that the reason why money cannot be followed is because it has no earmark, but this is not true. The true reason is upon account of the currency of it — it cannot be recovered after it has passed in currency. Thus, in the case of money stolen, the true owner cannot recover it after it has been paid away fairly and honestly upon a valuable and bona fide consideration ; but before the money has passed in currency an action may be brought for the money itself. Apply this to the case of a bank-note — an action may lie against the finder, it is true, but not after it has been paid away in currency. A bank-note is constantly and universally, both at home and abroad, treated as money, as cash, and paid and received as cash, and it is necessary for the purposes of commerce, that their currency should be established and secured. No dispute ought to be made with the bearer of a cash-note, in regard to commerce and for the sake of the credit of these notes. "(s) And r-!.-rr,-i Lord Ellenboroush observed, « The product *of or substitute for L -1 the original thing still follows the nature of the thing itself as long as it can be ascertained to be such, and the right only ceases when the means of ascertainment fjxil, which is the case when the subject is turned into money, and mixed and confounded in a general mass of the same description. The difficulty which arises in such a case is a difficulty oifact and not of law, and the dictum that money lias no earmark must be understood in the same way, ^. e., as predicated only of an undivided and undistinguish- able mass of current money ; but money kept in a bag, or otherwise kept apart from other money, guineas, or other coin marked (if the fact were so) for the purpose of being distinguished, are so far earmarked as to fall within the rule which applies to every other description of personal pro- perty, whilst it remains in the hands of the factor or his general legal representatives. "(/) The only distinction, then, between money, notes, and bills, and other chattels, appears to be this — that the former, for the protection of commerce, cannot be pursued into the hands of a bona fide holder, to whom they have passed in circulation, whilst other chattels can be recovered even from a purchaser for valuable consideration, pro- vided he did not buy them in market overt. 3Ioney,(i<) notes, (<;) and bills,(?c) may be followed by the rightful owner, where they have not (r) Deg V. Deg, 2 P. "W. 414 ; and so his lordship seems to have decided in Cox V. Bateman, 2 Ves. 19 ; and see Waite v. Whorwood, 2 Atk. 159; Whitecomb v. Jacob, 1 Salk. 160. («) Miller v. Race, 1 Burr. 457, 459. {t) Taylor v. Plumer, 3 M. & S. 575. (m) See Taylor v. Plumer, 3 M. & S. 575 ; Miller v. Race, 1 Burr. 457 ; Howard V. Jemmet, 3 Burr. 1369; King t. Egginton, 1 T.R. 370; Ryall v. Rolle, 1 Atk. 172. («) Anon, case, 1 Salk. 126 ; S. G. 1 Raym. 738 ; Miller v. Race, 1 Burr. 457 ; Taylor v. Plumer, 3 M. & S. 562. (w) Bennet v. Mayhew, cited Pulteney v. Darlington, 1 B. C. C. 232, and Cator REMEDIES OF THE CESTUI QUE TRUST. GOl been circuU^ted or negotiated, or the person to whom they so passed had express notice of the trust. (.x) And the only difference to be taken between money and notes, on the one hand, and bills on the other, is that money is not earmarked, and therefore cannot be traced except under particular circumstances, but notes and bills, from carrying a number or date, can in general be identified by the owner without difficulty.(y) *We may here put the case of trust money mixed in the same heap with the trustee's money. It may be said that the trust [*759] money has, like water, run into the general mass, and become amalga- mated, and therefore the cestui que trust has no lien. But clearly this cannot be maintained, for suppose a trustee, partly with his own money and partly out of the trust fund, to have purchased an estate. It cannot be predicated of any particular part of the estate, that it was purchased with the cestui s que trust money, and yet the cestui que trust has a lien upon the whole for the amount that was misemployed. (2;) And it follows in the other case, that though the identical pieces of coin cannot be ascer- tained, yet, as there is so much belonging to the trust in the general heap, the cestui que trust is entitled to take so much out. The doctrine of following trust money was carried to a great length in Ex parte Sayers :(a) — A. who resided in Dominica, wrote to his agents in London to procure and send him half-joes and dollars, directing them to send to the amount of 6000^. at one time, 5000Z. at another, and 5000?. every succeeding opportunity ; and remitted two bills of 10,000?. and 6000?. to be placed to his credit. The agents discounted the bills, and remitted 5600?. to Peter and Co., at Lisbon, with directions to purchase joes, and, if they could not procure them, to return the money in good bills. Another remittance was afterwards made, to the same amount, with similar directions. The answer from Lisbon was, that joes could not be procured, and soon afterwards good bills were sent to near the amount of the remittance. In the intei'val the London agents had become bankrupts, and the bills got into the hands of the assignees. A. peti- tioned for the bills as his specific property, and Lord Loughborough made the order, observing, " It is admitted, very properly, that if joes had been returned, the petitioner would have a right to them, as purchased by his order with money remitted by him for that purpose, and it would be a narrow rule to hold, that, the commission being in train to be executed, the property being separated and severed ^property, by the acci- ^^^^„^ dent that the joes were not bought, should be lost to the owner. L J If the money got into the general fund, it got out again." Upon a similar principle, if an executor of a deceased partner continue the testator's capital in the trade, though the capital may consist only of the stock and debts of the partnership, and these may undergo a con- tinual course of change and fluctuation, yet the court follows the trust V. Earl of Pembroke, 2 B. C. C. 287 ; and see Ex parte Sayers, 5 Yes. 169; Lord Chedworth v. Edwards, 8 Ves. 46; Ryall v. Rolle, 1 Atk. 'l72 ; Raphael v. Bank of England, 17 Com. Bench Re. 161. (x) Verney v. Carding, cited Joy v. Campbell, 1 Sch. & Lef. 345. {y) See Ford v. Hopkins, 1 Salk. 283. (z) Lane v. Dighton, Arab. 409; Lewis v. Madocks, 17 Ves. 57, 58; Price v. Blakemore, 6 Beav. 507. (a) 5 Ves. 169. 602 LEAVIN ON THE LAW OF TRUSTS, ETC. capital throughout all its ramifications, and gives to the beneficiaries of the deceased partner's estate the fruits derived from that capital so con- tinually altered and changed. (6) And so if a trustee pay trust-money into a bank to a simple account with himself, not in any way earmarked with the trust, and also keep private moneys of his own to the same account, the court will disentangle the account, and separate the trust from the private moneys, and award the former specifically to the cestui que trust.{c) Lord Justice Knight Bruce observed,(c?) '' Let me suppose that the very coins and the very notes received by the trustee on account of the trust, had been placed by him together in a particular repository, such as a chest, mixed confusedly together as among themselves, but in a state of clear and distinct sepa- ration from every thing else, and that they had so remained at his death, it is, I apprehend, certain that after his death, the coins and notes thus circumstanced would not have formed part of his general assets, but would have been specifically applicable to the purposes of the trust. Suppose this case to be varied by the fact that in the same chest with these coins and notes the trustee had placed money of his own of a known amount, had never taken it out again, but had so mixed and blended it with the rest of the contents of the chest, that the particular coins or notes of which this money of his own consisted could not be identified. What difi'erence would that make ? None, as I apprehend, except — if it be an exception — that his executors would possibly be entitled to receive from the contents of the repository an amount equal to the ascertained amount r^'zn T ^^ ^'^^ money in every sense *his own, so mixed by himself with L -I the other money ; but not in either case, as I conceive, would the blending together of the trust-moneys, however confusedly, be of any moment as between the various cestuis que trust on the one hand, and the executors as representing the general creditors on the other. Ldt it be imagined that in the second case supposed, the trustee after mixing the known amount of money of his own with the trust-moneys, had taken from the repository a sum for his own private purposes, and it could not be ascertained whether in fact the specific coins and notes forming it included or consisted of those or any of those which were in every sense his own specifically, what would be the consequence ? I apprehend that in equity, at least, if not at law also, what he so took would be solely or primarily ascribed to those contents of the repository which were in evei*y sense his own ; he would, in the absence of evidence that he intended a wrong, be deemed to have intended and done what was right ; and if the act could not in that way be wholly justified, it would be deemed to have been just to the utmost amount possible." And having laid down these principles, the lord justice proceeded : " When a trustee pays trust- money into a bank to his credit, the account being a simple account of himself not marked or distinguished in any other manner, the debt thus constituted from the bank to him, is one which as long as it remains due belongs specifically to the trust, as much and as efi'ectually as the money so paid would have done had it been specifically placed by the trustees (6) See Pennell v. Deffell, 4 De G. M. & G. 389: and see pp. 319 & 321, supra, (c) Pennell v. Deffell, 4 De G. M. & G. 3T2. ' (d) lb. p. 381. REMEDIES OF THE CESTUI QUE TRUST. 603 ia a particular repository and so remained ; that is to say, if the specific debt shall be claimed on behalf of the ccstuis que trust, it must be deemed specifically theirs as between the trustee and his executors and the general creditors after his death on the one hand, and the trust on the other. Whether the cestuis que trust are bound to take to the debt, whether the deposit was a breach of trust, is a difi"erent question. This state of things would not, I apprehend, be varied by the circumstance of the bank hold- ing also for the trustee, or owing also to him money in every sense his own." For the mode in which the court dealt with the subsequent items on the debit and credit side of such an account, the reader is referred to the case itself. *In tracing money into land, the principal difiiculty has arisen r^-rpo-i from the Statute of Frauds, (c) the seventh section enacting that L "J all declarations of trusts of lands shall be manifested and proved by some writing. It was formerly held that parol evidence, to prove a state of circumstances from which a court of equity would elicit a constructive trust, was inadmissible ;(/) but Lord Hardwicke, on the ground that constructive trusts were excepted out of the Statute of Frauds(^) ruled that parol evidence might be given ;(/t) and Sir T. Clarke, in the leading case of Lane v. Dightou,(/) (though, had the point been res Integra, he should have thought the evidence not admissible within the statute,) yet followed the authority of Lord Hardwicke ; and Sir "\V. Grant has since declared that, whatever doubts might formerly have been entertained upon the subject, the law is now settled. (A-) If a trustee be under an obligation to lay out money on land, and purchase an estate at a price corresponding with the sum to be invested, the court independently of positive evidence, may presume the trust money to have been so applied. (i?) But no such presumption can be raised where it can be shown that the trustee, though under such an obligation, was mistaken in the nature of the trust, and acted under a different impression. (m) And where a tenant for life with power to sell and invest in the purchase of other land, purchased lands with borrowed moneys, and many years after- wards sold the settled estates, and applied the purchase-money partly in discharge of the debts thus contracted by him, it was held that the pur- chased lands could not be treated as liable to the trusts of the settled estates.(«) In Lewis v. Madocks,(o) no evidence to connect any particular fund with the estate was necessary, for a person having covenanted on his marriage to settle all the personalty he *should acquire upon cer- [-^ygQ-i tain trusts, and having afterwards invested parts of his personalty L J on land, it was clear that the money expended upon the estate was bound by the trust, and could therefore be followed into the purchase. (e) 29 Car. 2, c. 3. (/) See supra, Ch. VIII. s. 2, p. 204. (ff) By the 8th section. (A) Ryal v. Ryal, Amb. 413; and see Anon, case, Sel. Ch. Ca. 57. (0 Arab. 409. (k) Lench v. Lench, 10 Ves. 517. (I) See iVnon. case, Sel. Ch. Ca. 57; Price v. Blakemore, 6 Bcav. 507 : Matthias Matthias, 3 Jur. N. S. 429. (wi) Perry v. Philips, 4 Ves. 108, see 116, 117. («) Denton v. Davies, 18 Ves. 499. (o) 8 Ves. 150 ; S. C. 17 Ves. 48. G04 LEWIN ON THE LAW OF TRUSTS, ETC. Where a trust fund is traced into land, and the fund constitutes a part only of the money laid out in the purchase, the court has usually given a lien merely on the land for the trust money and interest ;(i>) but where the entire land is clearly the fruit of the trust fund, the cestms que trust must, upon principle, have a right to take the land itself, whether the purchase be or not of a description authorized by the trust.(2) SECTION III. OF THE REMEDY FOR A BREACH OF TRUST AGAINST THE TRUSTEE PERSONALLY. In the event of a breach of trust, the cestui que trust is entitled to file a bill against the trustee (a right which is not affected by the Statute of Limitat1ons,)(r) to compel from him personally a compensation for the loss the trust estate has sustained. The same rule applies where a cor- poration is trustee ; and a corporation, since the Municipal Corporation Act, is liable for a breach of trust committed before the act.(s) If the trustee dispose of the trust estate to a purchaser for valuable consideration without notice, the cestui que trust may compel the trustee to purchase other lands of equal A'alue to be ^settled upon the [*764] j.j^^ trust,((;) or the cestiii que trust may at his option take the proceeds of the sale, with interest, or the present estimated value of the lands sold, after deducting any increase of price caused by subsequent improvements. («) So where a testator gave a legacy of 1200/., and directed the executor to invest it in the funds, and the estate was wound up, but the executor neglected to invest, and the price of stock rose ; it was held, that retainer by the executor, after accounting for the residuary estate, was equivalent to payment to a trustee; that if the cestui que trust sustained a loss by the trustee neglecting his duty, the cestui que trust had a right to charge the trustee with the amount of the loss ; that the executor was therefore bound to purchase so much stock as the legacy would have produced had it been invested at the proper period. (c) And, in another case, where a (p) Lane v. Dighton, Arab. 409; Lewis v. Madocks, 8 Ves. 150; 17 Ves. 48, see 57 ; Price v. Blakemore, 6 Beav. 507. (q) Trench v. Harrison, 17 Sim. 111. Lord Manners, in Savage v. Carroll, 1 B. & B. 265, see 284, seems to have thought otherwise ; but this was before Tay- lor V. Plumer. (?•) Phillipo V. Munnings, 2 M. & C. 309 ; Milnes v. Cowley, 4 Price, 103; Cator V. Croydon Railway Company, 4 Y. & C. 405. (s) Attorney-General v. Corporation of Leicester, 9 Beav. 546. A solicitor who wilfully advises a breach of trust, is liable to be struck off the roll ; Goodwin v. Gosnell, 2 Coll. 457, see p. 462. And so a fortiori a solicitor, who, being a trustee himself, commits a wilful breach of trust ; In re Chandler, 2 Jur. N. S. 366; In re Hall, 2 Jur. N. S. 633. (t) See Mansell v. Mansell, 2 P. W. 681 ; Vernon v. Vaudry, Barn. 303. [u) See Attorney-General v. East Retford, 2 M. & K. 35 ; but see Denton v. Davies, 18 Ves. 504. {v) Byrchall v. Bradford, 6 Mad. 13 ; S. C. Id. 235 : and see Pride v. Fooks, 2 Beav. 430. REMEDIES OF THE CESTUI QUE TRUST. 605 testator bad directed an investment in the funds and an accumulation of the dividends, the trustee was decreed to purchase the sum of stock which the fund, if regularly invested, would have produced, and to make good the amount due in respect of subsequent accumulation. (lo) But if the trustee have a discretion of investing on guvernment or real securi- ties, the trustee is answerable for the money only with interest, and not in the alternative for the money with interest on the stock with dividends at the option of the cestui que trust. (x^ So if a trustee suffer a policy of insurance to become forfeited through neglect to pay the premiums, he is bound to make compensation to the cestui que tr^ist for the consequential damage to the estate ;(^) that is, if he have funds in hand for payment of the premiums ; but if he have none and can procure none, he would be exempt from liability. He may, however, either advance money himself, or borrow it from another on the security of the policy, and the lien on the policy will be allowed. Tz) So if a settlement contain a covenant for the ^transfer of stock pj^-rpr-i and the trustees neglect to enforce the ti'ansfer, they are liable L J for all the consequences. (a) If a trustee has assumed to act as trustee and received money in that character, he is accountable for the proceeds to the cestui que trust, and cannot defend himself by showing that in fact he was not legally a trus- tee.(i) If a bill be filed fcft* an account with an allegation of wilful default and a prayer for consequential relief, and the common accounts only are directed, it is too late to ask relief on further directions against any wilful act that has transpired accidentally from the other inquiries, (c) If the trustee himself be dead, the bill may be filed against the repre- sentative ; and an executor or administrator will be answerable for the damage, though he may have distributed the assets amongst the legatees or next of kin, without previous notice of the breach of trust (except it was done under the sanction of the court,(fZ) or the cestui que trust may recover the assets from the legatees or next of kin amongst whom they have been distributed. (e) But the claim of the cestui que trust is a simple contract debt only, and therefore, until the late act, making all a person's real and personal estate liable to his simple contract debts, it was recoverable not from the real but only from the personal estate. However, if the trustee signs the trust deed and engages under his hand and seal by words that would {w) Pride v. Fooks, 2 Beav. 430. {x) See ante, pp. 355, 356. [y) Marriott v. Kinnersley, Taml. 470. {z) Clack V. Holland, 19 Beav. 273, 276, per Cur. [a) Fenwick v. Greenwell, 10 Beav. 412. {b) Rackham v. Siddall, 16 Sim. 297 ; affirmed on appeal to the extent of the interest of the plaintiff, the tenant for life ; 1 Mac. & Gor. 607 ; and see Derby- shire V. Home, 3 De Gex, Mac. & Gor. 80 ; Hope v. Liddell, 21 Beav. 183. (c) Coope V. Carter, 2 De Gex, Mac. & Gor. 292. (d) Knatchbull v. Fearnhead, 3 M. & C. 122 ; March v. Russell, 3 M. & C. 31 ; Low V. Carter, 1 Beav. 426 ; Hill v. Gomme, lb. 540 ; Underwood v. Hatton, 5 Beav. 39. (e) March v. Russell, 3 M. & Cr. 31 ; Knatchbull v. Fearnhead, 3 M. & Cr. 126 j Underwood v. Hatton, 5 Beav. 38. April, 1858.— 39 606 LEWIN ON THE LAW OF TRUSTS, ETC. amount to a covenant at law, to execute the trust, then the breach of trust becomes a specialty. (/) In awardino- compensation to the cestui que trust against the trustee, the court pays no regard to the circumstance whether the trustee derived any actual advantage or not, but proceeds *upon the principle, L J that a trustee, who deviates from the line of his duty, is under an oblio-ation to make good the loss to the cestui que trust :[g) and if a trustee be guilty of misconduct, and a loss follow, the court does not acquit him, because the loss was more immediately caused by some event wholly beyond the control of the trustee, such as fire, lightning, or other accidcnt.(/i) " Although," said Lord Cottenham, " a personal represen. tative acting strictly within the line of his duty, and exercising reason- able care and diligence, will not be responsible for the failure or depre- ciation of the fund in which any part of the estate may be invested, or for the insolvency or misconduct of any person who may have possessed it, yet, if that line of duty be not strictly pursued, and any part of the property be invested by such personal representative in funds, or upon securities, not authorized, or be put within the control of persons who ought not to be intrusted with it, and a loss be thereby eventually sus- tained, such personal representative will be liable to make it good, how- ever unexpected the result, however little likely to arise from the course adopted, and however free such conduct may have been from any impro- per motive. "(r) And a trustee who has been wilTully the cause of loss to one trust-fund, cannot set off against it an improvement made in another fund held in trust for the same parties. (^-^ But a trustee will not be charged with imaginary values ;(?) and, . being regarded as a mere stakeholder, he will not be liable for more than he has actually received, (m) except in cases of very supine negligence, or wilful default. (h) r*7ft7T *Where co-trustees are Jointly implicated in a breach of trust, L J the cestui que trust, though he obtain a decree against the trus- tees jointly, may have process of execution against any one of them separately •,(o'\ for as regards the remedy of the cestui que tintst there is no primary liability, but each trustee is responsible for the entirety of (/) See supra, pp. 238, 239. {g) See Dornford v. Doruford, 12 Ves. 129; Raphael v. Boehm, 13 Ves. 411 ; S. C. lb. 490, 491; Moons v. De Bernales, 1 Russ. 305; Adair v. Shaw, 1 Sch. & Lef. 272 ; Lord Montfort v. Lord Cadogan, 17 Ves. 489 ; Scurfield v. Howes, 3 B. 0. C. 90, but see Attorney- General v. Greenhouse, 1 Bligh, X. R. 57-59. (A) See Caflfrey v. Darby, 6 Ves. 496 ; Cocker v. Quayle, 1 R. & M. 535 ; Fyler V. Fyler, 3 Beav. 568 ; Kellaway v. Johnson, 5 Beav. 324; Munch v. Cockerell, 5 M. & Or. 212. {i) Clough V. Bond, 3 M. & Cr. 496 ; Gibbins v. Taylor, 22 Beav. 344. {k) Wiles V. Gresham, 2 Drewry, 258, see p. 271. [l) Palmer v. Jones, 1 Vern. 144. (?«) Harnard v. Webster, Sel. Ch. Ca. 53. (n) Pybus v. Smith, 1 Ves. jun. 193, per Lord Thurlow; Palmer v. Jones, 1 Vern. 144, per Lord Nottingham. (o) Ex parte Shakeshaft, 3 B. C. G. 197 ; Walker v. Symonds, 3 Sw. 74, 75 ; Attorney-General v. Wilson, 1 Cr. & Phil. 28, per Lord Cottenham; and see Ex parte Angle, Barn. 425 ; but see In re Chertsey Market, 6 Price, 278, 279 ; Taylor V. Tabrum, 6 Sim. 281. REMEDIES OF THE CESTUI QUE TRUST. G07 the loss incurred. (jj) However, where a trustee had refused to accept the office unless another should be named with him, and the trust money be divided between them, so that each might be responsible for a moiety only, and this was accordingly done, but the trust deed was drawn in the usual form as if they were joint trustees of the whole sum, it was held, upon the insolvency of one of the trustees, that the co-trustee should not be answerable for more than the moiety paid to himself, the division of the trust money being Sir J. Leach observed, " a term in the creation of the trust."(5') Where several defendants are involved in a breach of trust, the court decrees costs against them jointly for the plaintiff's greater security, and does not distinguish between the relative culpabilities of the defendants. (?•) But in an analogous case where one defendant was called upon to pay all the costs, he obtained an order in the same cause upon a motion (which however was not opposed) for con- tribution by the other defendants. (.s) A corporation filed a bill against five of the corporators who were regarded as its agents and trustees, to make them liable for the conse- quences of certain acts done by them, with the view of illegally aliening the corporation property, and it was held to be unnecessary to make all the corporators parties who in any way had participated in the acts, for the defendants were wrong doers, and the case against each was distinct, depending upon its own evidence. (^) *Though, as, respects the remedy of the cestui que trust, each i-^rypoT trustee is individually responsible for the whole amount of the L J loss, whether he was the principal in the breach of trust, or was merely a consenting party, yet, as between the trustee, themselves, (unless the transaction was vitiated not only by constructive but actual fraud, when the court will hold itself entirely aloof,(it)) it seems an apportionment, or contribution amongst the trustees, may be compelled on a bill filed for the purpose ;(y) and so, as between the trustees and a third person who has reaped the benefit of the breach of trust, though the trustees must make the disbursement in the first instance to the injured party, the loss may eventually be cast on the person who was the gainer by the breach of trust. (w) (p) See WilsoQ V. Moore, 1 M. & K. 146 ; Lyse v. Kingdoa, 1 Coll. 188 ; Rich- ardson V. Jenkins, 1 Drewry, 477 ; AUeyne v. Darcy, 4 Ir. Ch. Re. 206. (q) Birls v. Betty, 6 Mad. 90. (?•) L.iwrence v. Bowie, 2 Phill. 140 ; 1 C. P. Coop. temp. Cott. 241. (s) Pitt V. Bonner, 1 Y. & C. Cli. Ca. G70. {() Attorney-General v. Wilson, 1 Cr. & Phil. 1, see 28; and see London Gas- Light Company v. Spottiswoode, 14 Beav. 272, 273. (u) See Lingard v. Bromley, 1 Ves. & B. 114; Tarleton v. Hornby, 1 Y. & C. 336; Attorney-General v. Wilson, 1 Cr. & Phil. 28. (y) Ex parte Shakeshaft, 3 B. C. C. 198, per Lord Thurlow ; Lingard v. Brom- ley, 1 V. & B. 114; Perry r. Knott, 4 Beav. 180, per Lord Langdale ; and see KnatchbuU v. Fearnhead, 3 M. & C. 122: Pitt v. Bonner, 1 Y. & C. Ch. Ca. 670; Ex parte Burton, 3 Mont. D. & De Gex, 373 ; Baynard v. Wolley, 20 Beav. 583 ; and see Wilson v. Goodman, 4 Hare, 54. («') Tratford v. Boehm, 3 Atk. 440 ; Greenwood v. Wakeford, 1 Beav. 576 ; Booth V. Booth, 1 Beav. 125; Lord Montfort v. Lord Cadogan, 17 Ves. 485; 19 Ves. 635 ; S. C. 2 Mer. 3; and see Howe v. Earl of Montfort, 7 Ves. 150, 151 ; Jacob v. Lucas, 1 Beav. 436 ; Lincoln v. Wright, 4 Beav. 432. But if a tenant for life have a general power of appointment, a person taking under the power 608 LEWIN ON THE LAW OF TRUSTS, ETC. In TrafFovd v. Boehm,(;«) Henry Heathcote and Charles Boehm were the trustees of Mr. Trafford's marriage settlement, and the fortune of the lady was placed in their hands, to be laid out in a purchase of lands as soon as one could conveniently be found. No suitable purchase offer- ino- the money was invested hy the direction of the husband in South Sell Stock, and a loss was incurred. Lord Hardwicke said, '< There is no doubt this court will endeavour to deliver a trustee from any mischief that may happen from a misapplication of trust money, and in the pre- sent instance the *loss must first come out of the estate of [-■'•769] ^^^ husband, because done with his concurrence or subsequent assent, for he has passed the account with the trustees, and constantly received the dividends of the stock. The rule of the court is, that if a trustee err in the management of the trust with approbation of the cestui que trust, it must be made good first out of the estate of the per- son who consented to it." And the same principle was acted upon in the case of Lord Montfort V. Lord Cadogan.(y) By indenture bearing date in 1772, certain lease- holds were vested in trustees upon trust in the first place to renew the leases out of the rents and jjrofits, and then upon trust for Lord Mont- fort for life, remainder to Lady Montfort for life, remainder to the issue. The first period of renewal occurred in 1786, and the second in 1800, and Lord Montfort died in 1799. The trustees, instead of renewing as they should have done, permitted Lord Montfort during his life and Lady Montfort after his decease, to receive the whole rents of the estate. Lord Montfort, the son and only issue, renewed the lease at his own expense in 1S08, during the lifetime of the Dowager Lady Montfort, and then filed a bill against her, the executors of Lord Montfort his father, and the ti'ustees, to be repaid the money he had advanced for the renewal. Sir W. Grant said, <' Though my opinion is that these trustees are answerable, they are not alone answerable. The tenants for life have acquiesced in the breach of trust, and profited by it by receiving the ii-hole rents and profits, ajKirt of which was applicable to the renewals. AU these j^arties are anstverable to the plaintiff ; hut as hetioeen the tenants for life and the trustees, if Lord Montfort has left assets, they will in the first p>lace be applicable to make good so much of the fine as corresponds with the period of his enjoyment. Lady Montfort is in like manner answerable for the period of her possession, and the accruing rents during her life are liable to be impounded to make good the demand against her. What- ever can be got from these funds will go in ease of the trustees." And the decree was, that the renewal fine ought to be paid to the plaintiff by the trustees, but that the same ought to be paid to them out of the es- j--^--^, tates of Lord Montfort deceased, and *of the Dowager Lady Mont- •- J fort, according to the times they had respectively been in posses- cannot come upon the estate of the tenant for life, the donee of the power, for a breach of trust by him, for the estate so appointed is part of the tenant for life's assets. Williams v. Lomas, 16 Beav. 1. Secus where the decree of the power is ».feme covert, except in a case of actual fraud by her; Vaughan v. Vanderstegen, 2 Drewry, 1G5, 3G3. {x) 3 Atk. 440. (y) 17 Ves. 485. REMEDIES OF THE CESTUI QUE TRUST. 609 sion. From tlais decree some of the parties appealed, (2) and Lord Eldon, before whom the case was now argued, said, " One question is, whether Lord Montfort's estate, if sufficient, and that of Lady Montfort should have been resorted to for payment of the plaintiff's demand before the trustees were called upon, and many cases have established, that a tenant for life joining in a breach of trust shall he ansiverahle in the first in- stance ; but the cestui que trust is not bound to wait while inquiries as to assets, or what proportion Lady Montfort is to pay, are depending. My opinion therefore is, that the master of the rolls was perfectly right in charging the trustees in the first instance, and also in deciding, that they have a remedy over against those who took the rents and profits which ought to have paid the fine." His lordship then proceeded to consider the proportion in which the estate of Lord Montfort deceased, and the Dowager Lady Montfort, ought to contribute. '^Itis a little difficult," he said, " to determine the meaning of these terms in which the tenants for life are charged according to the times they have respec- tively been in possession. In 1799 (when Lord 31ontfort died,) Lady Montfort was entitled by the settlement to possession of the leasehold es- tate, under a lease renewed in 1786, for fourteen years, with a fund ac- cumulating for the fine, to be paid on the nest renewal in 1800. If there- fore the decree is to be understood, that, as Lord Montfort enjoyed from 1772 to 1799, and Lady Montfort from 1799 to 1808, when the fine in question was paid, that sum is to be reimbursed as between his and her estates in this proportion, that his estate is to be charged according to the account of the rents between 1772 and 1799, and she is to pay according to the rents from 1799 to 1808, she appears to me to be charged in a way in which she is not chargeable. My opinion is, that the estate of the late Lord iMontfort is to be made answerable to the trustees after they have paid the plaintiff; and Lady Montfort is also answerable, but only for the pro- portion for which she ought to be called upon, with a due regard to the obligation of the trustees to put *her in possession of the estate r;;;--r-i-| fully renewed in 1786, and with an accumulating fund to be L J applied to another renewal in 1800. Lord Montfort having received the rents from 1772 to 1799, and not having renewed, and a much larger fine of course being required at the end of twenty-eight years than four- teen years, his estate must be answerable for the increase ; but if the trus- teess hould not find his estate sufficient to answer that, I cannot, as between them and Lady Montfort, throw any part of the increase upon her. That must therefore fall upon the trustees personally." If a tenant for life, or other person having a partial interest, be an actor in a breach of trust, all the benefit that would have accrued to him, either from that trust fund, or any other estate comprised in the same settlement(n) may be retained as against him, his assignees in baukrupt- cy,(Z^) or (except where the defence of purchase for value without notice {z) 19 Ves. 635 ; S. C. 2 Mer. 3. («) Woodyatt v. Gresley, 8 Sim. 180; Ex parte Mitford, 1 B. C. C. 398; see Priddy v. Rose, 3 Mer. 105 ; Burridge v. Row, 1 Y. & C. Ch. Ca. 183, 583 ; Lin- coln V. Wright, 4 Beav. 432, per Lord Langdale ; Fuller v. Knight, 6 Beav. 205 ; M'Gachen v. Dew, 15 Beav. 84. {b) Ex parte Turpin, 1 D. & C. 120 ; Ex parte Smith, 1 Deac. 143 ; Woodyatt 610 LEWIN ON THE LAW OF TRUSTS, ETC. is applicable) those claiming under bim,(c) until the amount retained, with the accumulations thereon, (cZ) have compensated the trust estate for the loss it had sustained. It was contended in one case, that on a simi- lar principle, where an estate was devised to a person who was a debtor to the testator, the debt was a lien on the devised estate, but the court not finding any precedent did not allow the claim. (e) If the trustee become hanknijit, the loss may be proved against his estate,(/) and if interest would have been decreed in equity against the trustee himself, it will constitute part of *the debt in the proof [*' ''^^l against the estate in the hands of the assign ees,(5r) and if the breach of trust was a sale of stock and misemployment of the money, the ceshd que trust may, at his option, elect to prove for the proceeds of the sale, or for the price of the stock at the date of the commission of bank- rupt. (/«) If the bankrupt trustee was one of a firm, and the trust money had been lent to the firm, with notice of the equity attached to it then, inas- much as a breach of trust creates a joint and several liability, proof may be made either against the joint estate of the partners or the separate estate of the bankrupt trustee, at the option of the cestui que trust ;(i) and if the bankrupt has laid out the trust money on a mortgage, the cestui que trust is not put to his election whether he will prove for the debt, and abandon the mortgage, or take the mortgage and abandon the debt, but may pi'ove for the debt, and have the benefit of the mortgage also ;[k) and if the trust money has been invested, though improperly, the cestui que trust has a right to elect to prove for the money and interest, or for the value of the securities and profits.(/) But if the bankrupt in whose hands the trust fund was, be one of the trustees, and indebted to the trust estate, and also in part beneficially interested in the trust, proof cannot be made for the whole amount, but only for the balance after setting off the bank- rupt's beneficial interest against the debt due from him.^m) The original trust debt itself will be barred by the certificate of the bankrupt, though no proof was made, and the cestui que trust did not know of the misapplication of the trust fund.(7i) But it is the duty of V. Gresley, 8 Sim. 185, per Cur.; Ex parte King, 2 M. & A. 410; see Smith v. Smith, 1 Y. & C. 338 ; Burridge v. Row, 1 Y. & C. Ch. Ca. 183, 583 ; Raby v. Ridehalgh, 1 Jur. N. S. 363. (c) Woodyatt v. Gresley, 8 Sim. 180 ; Priddy v. Rose, 3 Mer. 86 ; Cole v. Mud- dle, 10 Hare, 186; and see Morris v. Lavie, 1 Y. & C. Ch. Ca. 380; Egbert v. But- ter, 21 Beav. 560. {d) Ex parte King, 2 M. & A. 410. (e) Ex parte Barff, 1 De Gex, 613. (/) Keble v. Thompson, 3 B. C. C. 112 ; Moons v. De Bernales, 1 Russ. 301 ; Dornford v. Dornford, 12 Ves. 127 ; Ex parte Shakeshaft, 3 B. C. C. 197 ; Bick v. Motly, 2 M. & K. 312 ; Lincoln v. Wright, 4 Beav. 427. (g) Dornford v. Dornford, Bick v. Motly, Moons v. De Bernales, iibi supra. (A) Ex parte Shakeshaft, 3 B. C. C. 197 ; Ex parte Gurner, 1 Mont. Deac. & De Gex, 497 ; and see Ex parte Moody, 2 Rose, 413 ; Ex parte Stutely, 1 Mont. Deac. & De Gex, 643. (i) Ex parte Heaton, Buck. 368 ; Ex parte Watson, 2 V. & B. 414; see Ex parte Poulson, 1 De Gex, 79. {k) Ex parte Biddulph, 3 De G. & Sm. 587 ; Ex parte Geaves, 2 Jur. N. S. 651. (l) In re Montefiore, 9 Jur. 562. (m) Ex parte Turner, 2 De Gex, Mac. & Gor. 927. («) Ex parte Holt, 1 Deac. 248. As to the discharge of a debt created by a REMEDIES OF THE CESTUI QUE TRUST, Gil the trustee to make sure that wme person prove on behalf of the trust, and if he do *not, he is liable in equity for this neglect of duty ; r^Y^on and though he has obtained his certificate he will remain respon- L -I sible personally for the amount that might have been received by way of dividend. (o) If the bankrupt was one of several co-trustees, who were jointly implicated in a breach of trust, then proof may be made against the bankrupt's estate for the whole money lost, though he was not the party benefited by the breach of trust ;(j^) and though the other trustee be living and solvent.(5) And the proof against the bankrupt, will not be precluded by a bond given not to sue the other trustee reserving the rights against all other parties,(r) though a release to the other trustee, being an extinguishment of the debt, would prevent any subsequent proof (.s) So if two co-trustees be bankrupts, proof may be made against the estates of both ;(/) but of course more than 20s. in the pound cannot be received in the whole. Or at the same time that proof is made against the estate of one who is a bankrupt, legal proceedings may be taken against the solvent trustee; for proof under a bankruptcy is not pay- ment. ((A But where the whole debt is proved against the estate of the bankrupt trustee, the assignees may afterwards file a bill, and compel contribution from the other trustee, (v) even where the bankrupt trustee himself could not, from his fraudulent conduct, have obtained such relief. (i6') In assigning to the cestui que trust the foregoing remedies against the trustee, it must of course be understood that the cestui que trust has not himself concurred in the breach of duty, or subsequently acquiesced in it, and, a fortiori, has not executed a formal release. If a cestui que trust concur in the breach of trust, he is forever estop- ped from proceeding against the trustee for the consequences *of r^^fr^-i the act. (a;) Thus, in the leading case of Brice v. Stokes,(_?/) L -» where the trust estate was sold ivith the apjn^obation of Brice, the tenant for life, and the purchase-money was improperly left in the hands of one of the trustees ivith the knowledge of Brice, Lord Eldon held, that the trustees were answerable to the remainderman for the principal, but not breach of trust under the Insolvent Acts, see Thompson v. Finch, 22 Beav. 316 ; on appeal, 25 L. J. N. S. (Ch.) G81. (o) (Jrrett v. Corser, 21 Beav. 52. (p) Ex parte Shakeshaft, 3 B. C. C. 197. (g) Ex parte Beilby, 1 G. & J. 167. (r) lb. (a) See Blackwood v. Borrowes, 2 Conn. & Laws, 478. (t) Keble v. Thompson, 3 B. C. C. 112 ; Ex parte Poulsoii, 1 De Gex, 79. (m) Ex parte King, 1 Deac. 164, &c. (v) See Ex parte Shakeshaft, 3 B. C. C. 97 ; Bromley v. Lingard, 1 V. & B. 114. (w) See Muckleston v. Brown, 6 Ves. 68 ; Joy v. Campbell, 1 Sch. & Lef. 335, 339 ; Ottley v. Browne, 1 B. & B. 360. (x) Walker v. Symonds, 3 Sw. 64, per Lord Eldon ; Wilkinson v. Parry, 4 Russ. 272 ; Cocker v. Quayle, 1 R. & M. 535 ; Nail v. Punter, 5 Sim. 555 ; Newman v. Jones, Rep. t. Finch, 58 ; and see Fellows v. Mitchell, 1 P. AV. 81 ; Booth v. Booth, 1 Beav. 125; Langford v. Gascoyne, 11 Ves. 336; White v. White, 5 Yes. 555 ; In re Chertsey Market, 6 Price, 280, 284 ; Baker v. Carter, 1 Y. & C. 255 ; Byrchall V. Bradford, 6 Mad. 13 ; Morley v. Lord Hawke, cited in Small v. Attwood, 2 Y. & J. 520 ; Fyler v. Fyler, 3 Beav. 550. {ij) 11 Ves. 319. 012 LEWIN ON THE LAW OF TRUSTS, ETC. to the tenant for life for the interest. " If," said his lordship, " there are two trustees, and a transaction takes place, in which the fund is takea out of the state in which it ought to have remained, and is not placed in a state in which it ought to be, but is kept in hands which ought not to retain it, if any particular cestui que trust has acted in authorizing that as much as the trustee who has not the money in his hands, and continues to permit it to be so treated, in a question between that cestui que trust and that trustee, the latter shall not be called upon by the former." But persons cannot be held to have concurred in a breach of trust who had not the means of knowing that the acts to which they were parties involved a breach of trust. (s) And persons cannot concur in a breach of trust, who, as femes covert(aj and infants,(i) have no legal capacity to consent to the transaction. But neither coverture nor infancy will be a protection from a charge j-^-_r-, of fraud, and therefore if a feme covert,(c^ or *infant,(^) draw L -I w a trustee to commit a breach of trust, such feme covert or infant cannot afterwards call the trustee to account for having exceeded the line of his duty. And a feme covert will be bound by her concurrence in a breach of trust as to a fund which is settled to her separate use.(e) But she will not be estopped upon the ground of concurrence where it was not her own voluntary act, but her judgment was misled, or she was under undue influence. (/) And ^ feme covert has no power to concur in any act as to a fund settled to her separate use, with a restraint against anticipa- tion, (^) and of course concurrence will not operate beyond the interest settled to her separate use, as if a /erne be tenant for life to her separate use with a power of appointing the corjpus by will, though her concur- rence would affect the life interest it does not prevent the appointees under the will from holding the trustees responsible. (/i) But otherwise, if the feme be tenant for life, with a general power of appointment which is equivalent to ownership, and is therefore regarded as an estate to her separate use.(i) {z) Buckeridge v. Glasse, 1 Cr. & Ph. 135, per Lord Cottenh.'im. (a) Ryder v. Bickerton, cited "Walker v. Symonds, 3 Sw. 80 ; Underwood v. Stevens, 1 Mer. 717; Smith v. French, 2 Atk. 243; Needler's case, Hob. 225; Lench v. Lench, 10 Ves. 517, per Sir W. Grant; Lord Montfort v. Lord Cadogan, 19 Ves. 639, 640, per Lord Eldon ; and see Parkes v. White, 11 Ves. 221 ; Bate- man v. Davis, 3 Mad. 98. (h) See supra, pp. 34, 39 ; and Wilkinson v. Parry, 4 Russ. 276. (c) Ryder v. Bickerton, cited Walker v. Symonds, 3 S\r. 82, per Lord Hard- wicke, and see Savage v. Foster, 9 Mod. 35 ; Lord Montfort v. Lord Cadogan, 19 Ves. 640 ; Vandebende v. Livingston, 3 Sw. 625 ; Evans v. Bicknell, 6 Ves. 181 ; Jones v. Kearney, 1 Dru. & War. 166. (d) See the cases at note (a), p. 39, supra. (e) Walker v. Shore, 19 Ves. 387 ; see 393 ; and see Buckeridge v. Glasse, Cr, & Ph. 136. (/) Whistler v. Newman, 4 Ves. 129 ; Hughes v. Wells, 9 Hare, 773 ; and see Walker v. Shore, 19 Ves. 393. {g) Cocker V. Quayle, 1 R. & M. 535; but see Derbishire v. Home, 3 De G. M. &G. pp. 102, 113. (A) Kellaway v. Johnson, 5 Beav. 319. (j) Brewer v. Swirles, 2 Smale & Gifif. 219. REMEDIES OF THE CESTUI QUE TRUST. 613 Again, a cestui que trust, tbougli he did not concur at the time, may have acquiesced in the breach of trust subsequently. (/»•) How far the mere knoicledge of a right to sue in respect of a breach of trust, and the abstaining to sue will, without any other act, constitute laclies in the eye of a court of equity, and disentitle the plaintiff to relief, as in the particular ^instances of purchases by trustees, &c., above ri^i'j'jn-i referred to,(/) cannot be considered as clearly settled. The present L J master of the rolls in a late case appears to have thought that mere delay disentitled a plaintiff under such circumstances to relief, but his decision rested also on facts amounting, in his honor's opinion, to actual acquies- cence. (m) A testator gave 400?. to A., B., C, and D., his executors, upon trust to invest in lands to be settled on E. The money was lent improperly to A. upon the security of his bond, and lost; but, as E., the legatee, had constantly accepted interest on the loan, and had neither brought his bill, nor called on the executors to invest the money in land, it was held he had virtually consented, and thus estopped himself from holding the trustees responsible. (n) In another case, on the marriage of Mr. Scgar with Miss French, a sum of 1000?., belonging to the lady was assigned to her mother as trustee, and by indenture executed after the marriage, the trusts were declared for the separate %ise o£ the wife, remainder to the issue, remain- der, if no issue, to the survivor. At the joint solicitation of the husband and wife the money was advanced to the husband, and, with the excep- tion of 350?., was never repaid ; but the mother, who was the trustee, had threatened to proceed for the remainder, when the daughter fell upon her knees and begged her to desist, as she would release her from all claims. For seven years after the husband's death the widow lived with her mother, and made no demand, but several times offered to exe- cute a release. The daughter then married again, and a bill was filed against the mother to make good the money lost ; but Lord Hardwicke said, " I think it comes very near the case of an infant, who, contracting a debt during his minority, shows his consent to it by confirming it after he comes of age, which shall effectively bind him, though it was voidable at his election. So here a promise by the wife to release during the coverture, it is certain, would not bind the wife, but if, after the death of her *husband, she repeats the promise, it is a confirmation of ^^-„^-, it, and good."(o) '- -" It seems that a public and fluctuating body, as parishioners, may bo {k) Walker v. Symonds, 3 Sw. 64, per Lord Eldon ; Hope v. Liddell, 21 Beav. 183; Brice v. Stokes, 11 Ves. 32G ; Macdonnell v. Harding, *7 Sim. 190: Broad- hurst V. Balguy, 1 Y. & C. Ch. Ca. 16 ; Lincoln v. Wright, 4 Beav. 432 ; Black- wood V. Borrowes, 2 Con. & Laws. 459 ; and see Thompson v. Simpson, 1 Dru. & War. 459 ; Kent v. Jackson, 14 Beav. 384 ; Graham v. Birkenhead Co., 2 Mac. & Gor. 146 ; Stone v. Godfrey, 5 De Gex, Mac. & Gor. T6. (Z) See p. 742, supra ; Story v. Gape, 2 Jur. N. S. 706. (w) Browne v. Cross, 14 Beav. 105, pp. Ill, 113 ; and see the cases at pp. 741, 742, 743, supra. (n) Harden v. Parsons, 1 Ed. 145; and see Loader v. Clarke, 2 Mac. & Gor. 382. (o) Smith V. French, 2 Atk. 243. 614 LEWIN ON THE LAW OF TRUSTS, ETC. bound by acquiescence.(p) But it is almost unnecessary to repeat, that acquiescence cannot be objected against a class of persons, as parish- ioners or creditors, icith the same de. 92 ; In re Chertsey Market, 6 Price, 280, 284; Edenborough v. Arciibishop of Canterbury, 2 Russ. 105, 108; Attorney-General v. Scott, 1 Yes. 415; Attorney- General v. Cuming, 2 Y. & C. Ch. Ca. 150. (q) See supra, p. 471. (r) Blackwood v. Borrowes, 2 Conn. & Laws. 459 ; French v. Hobson, 9 Yes. 103; Wilkinson v. Parry, 4 Russ. 272; Aylwyn v. Bray, cited in Small v. Att- wood, 2 Y. & J. 517. (s) Thompson v. Harrison, 2 B. C. C. 164 ; see Blackwood v. Borrowes, 2 Conn. & Laws, 478. {t) See Walker v. Symonds, 3 Sw. 69 ; Hicks v. Hicks, 3 Atk. 274 ; Osmond v. Fitzroy, 3 P. W. 131 ; Hylton v. Hylton, 2 Yes. 547 ; Kilbee v. Sneyd, 2 Moll. 233 ; March v. Russell, 3 M. & C. 42, 44 ; Bateman v. Davis, 3 Mad. 98 ; Wedderburn V. Wedderburn, 4 M. & C. 41. (u) Mara v. Manning, 2 Jon. & Lat. 311. {v) Derbishire v. Home, 3 De Gex, Mac. & Gor. 80 ; Robinson v. Wheelwright, 6 De Gex, M. & G. 535 ; Wilton v. Hill, 15 L. J, N. S. (Ch.) 156. (w) Rowley v. Unwin, 2 Kay & John. 138. (x) Adams v. Clifton, 1 Russ. 297 ; Walker v. Symonds, 3 Sw. 1 ; Randall v. Errington, 10 Yes. 423; Buckeridge v. Glasse, Cr. & Ph. 126; Bennett v. Colley, 2 M. & K. 232, per Lord Brougham; and see Earl of Chesterfield v. Janssen, 2 1 REMEDIES OF THE CESTUI QUE TRUST. 615 3. The cestui que trust must not only be acquainted with i\\Q facts, but be also apprised of the law, or how those facts would be dealt with if brought before a court of equity. (^) 4. The release must not be wrung from the cestui que trust by distress or terror, (s) SECTION IV. OF THE MODE AND EXTENT OP REDRESS IN BREACHES OF TRUST COMMITTED BY TRUSTEES OP CHARITIES. I. Of the mode of redress. The regular and ordinary course of proceeding is by way of ri^i-j'jcn *information(l) in the name of the attorney-general : the king is L J parens pair ia', and it is the duty of his officer, the attorney-general, to see that justice is administered to every part of his majesty's subjects. Relators need not be personally interested. (a) They ai-e required merely because the attorney-general, prosecuting a suit in the name of the crown, would not be liable to costs, and unless some person were made responsi- ble, proceedings might be instituted very oppressive to individuals. (?/) In the reign of Elizabeth an act was passed, commonly called the Statute of Charitable Uses,(c) by which the court of chancery was empowered to issue commissious to certain persons, including the bishop of the diocese, who were authorized, after summoning a jury of the county where the property was situate, to inquire into any abuse or mis- application of the trust estate. Many of these proceedings were so little consonant with justice, and, on appeal to the lord chancellor, were found at once so puzzling, and so far from accomplishing the object in view, that at length the practice of issuing commissions fell into disuse, and people again resorted to the original process by way of information. (cZ) Ves. 146, 149, 152, 158; Roche v. O'Brien, 1 B. & B. 339, and the cases there cited ; Bowes v. East London Water Works Company, 3 Mad. 375 ; M'Carthy v. Decais, 2 R. & M. 615 ; Wedderburn v. Wedderburn, 2 Keen, 722 ; 4 M. & C. 41 ; Munch V. Coclierell, 9 Sim. 339 ; 5 M. & Cr. 179 ; Broadhurst v. Balguy, 1 Y. & C. Ch. Ca. 16. (,?/) Cockerell v. Cholmley, 1 R. & M. 425, per Sir J. Leach ; and see Chester- field v. Janssen, 2 Ves. 146, 149, 152, 158 ; Bowes v. East London Water Works Company, 3 Mad. 384 ; M'Carthy v. Decaix, 2 R. & M. 615 ; iLarker v. Marker, 9 Hare, 16; Stone v. Godfrey, 5 De Gex, Mac. & Gor. 90 ; Burrows v. Walls, 5 De Gex, M. k G. 254. (z) Bowles V. Stewart, 1 Sch. & Lef. 209, see 226. (a) Attorney-General v. Vivian, 1 Russ. 226. {b) Corporation of Ludlow v. Greenhouse, 1 Bligh, N. R. 48, per Lord Redesdale. (e) 43 Eliz. c. 4. {d) Corporation of Ludlow \. Greenhouse, 1 Bligh, N. R. 61, 62, per Lord Re- desdale. (1) Where the management of no charity revenue is concerned, as in a suit in- stituted by parishioners for the mere purpose of setting aside the nomination of a clerk to the bishop by the trustees of the adowson, the attorney-general need not be a party ; it is the simple case of cestuis que tries! calling upon the trustees to ex- ercise the legal right ; and the suit should be not by information, but by bill. See Attorney-General v. Parker, 1 Ves. 43; S. C. 3 Atk. 576; Attorney-General v, Forster, 10 Ves. 335; Attorney-General v. Newcombe, 14 Ves. 1 ; Davis v. Jenkins, 3 V. & B. 151 ; Inhabitants of Clapham v. Hewer, 2 Vern. 387 ; Attorney-General V. Cuming, 2 Y. & C. Ch. Ca. 149. 616 LEWIN ON THE LAW OF TRUSTS, ETC. After commissions had ceased to be issued, the legislature endeavoured to provide a remedy, not as before, by creating a new jurisdiction, but by oivino- liberty to proceed under the old jurisdiction in a summary mod^'e The 52 Geo. 3, c. 101, commonly called Sir Samuel Romilly's Act, and intituled " An act *to provide a summary remedy in [*780] ^^gg'g of abuses of trusts created for charitable purposes," declared that " in every case of a breach of any trust created for charitable pur- poses, or whenever the direction or order of a court of equity should be deemed necessary for the administration of any trust for charitable pur. poses, it should be lawful for any two or more persons to present a peti- tion to the chancellor, master of the rolls, or court of exchequer, praying such relief as the nature of the case might require, such petition to be heard in a summary way upon affidavits or such other evidence as should be produced, the order made thereon to be final and conclusive, unless appealed against to the house of lords within two years from the entry thereof." And it was provided that " every petition should be signed by the persons preferring the same in the presence of and be attested by the solicitor or attorney concerned for the petitioners, and should be allowed by his majesty's attorney or solicitor-general." These enactments, though penned by a very able hand, have been strongly reprobated as very loosely and obscurely worded — as tending rather to increase than diminish the expense of the application — in short, as having produced more mischief than benefit. " It was a wise saying," observed Lord Redesdale, " that the farthest way about was often the nearest way home, and he believed that these summary proceedings would be not always the nearest, or at least not the best way home."(e) Upon the construction of this statute the following points have been resolved : — 1. Although the act authorises ani/ two or more persons to present the petition, the words must be understood to mean any persons having an interest :(/) and the court is bound to see not only that the peti- tioners are possessed of a clear interest, but that they prove themselves to be possessed of the identical interest they allege in their petition. (i) and with the permission of the charity commissioners, to be applied for within one month after the order is made,(;i) an appeal lies to the Court of Chancery.(o) The act contains a special provision that no suit or ^proceed- pi-.-rot:-, ing not being an application " in any suit or matter actually L J pcndiiuj," shall be commenced or taken without an authority previously obtained from the charity commissioners. The construction of this clause has given rise to considerable difficulty. It was at first held that where money had been paid into court under the Trustee Belief Act, 10 & 11 Vict. c. 9G,(^>) or under a railway ac:t,(q) no such suit or matter was pending as to obviate the necessity of previously obtaining the con- currence of the charity commissioners, and further, that if a scheme had been settled in the same charity under Sir S. Bomilly's Act, a petition for a new application of part of the charity funds must have had the previous sanction of the charity commissioners.(7') But it has since been decided by the Court of Appeal, that in such cases the previous sanction of the charity commissioners is unnecessary. The object of the provision (g) Sect. 1. (/<) Sects. 9 to 14. [i) Sect. 20. {k) Sect. 28. (l) Sect. 30. (w) Sect. 32. (n) Sect. 39. (o) Sect. 40. (jo) Re Markwell's Legacy, 17 Be.iv. 618 ; In re Skeetes, 1 Jur. N. S. 1031; and see Re Bingley School, 2 Drewry, 283. (q) Re London Brighton and South Coast Railway Company, 18 Beav. 608. {r) Re Ford's Charity, 3 Drewry, 324. (320 LEWIN ON THE LAW OF TRUSTS, ETC. was merely to stop the enormous abuses in reference to proceedings in charity matters, and the words suit or matter actualli/ pending mean pending at the time of the application, and not at the passing of the act.(.s) The act contains other provisions(i') of a preventive rather than a remedial kind. Thus by the 16th section, the board has power to enter- tain applications for their opinion or advice, and persons acting in accord- ance therewith are indemnified. By the 48th section, lands belonging to any charity may be vested in the secretary of the board as a corporation sole by the name of the trea- surer of public charities ; and by the 51st section, annuities, stock, shares, or securities held for any charity may be vested in the official trustees of charitable funds ; and by the 54th and following sections, the board have power to approve provisionally of new schemes of charities, varying from the original endowment, but which are to be submitted annually to parliament for its ratification. r*-Qp-i % t'i'2 amendment act, IS & 19 Vict. c. 124, by the 15th *sec- L ' J tion, the name of the treasurer of public charities is abolished, and the secretary of the board for the time being is styled the official trustee of charity lands ; and, by the 17tb and 18th section, the act pro- vides for the appointment of the official trustees of charitable /2<7k/.s to consist of the secretary of the board for the time being, and such other persons as the lord chancellor may appoint who are to have perpetual succession. II. Of the extent of redress. Under this head we propose to inquire only within what period of time the account of mesne rents and profits directed against the trustee guilty of the breach of trust will be restricted. It has been stated in a former page, that to suits for relief in equity there exists but three bars : first, a statute of limitations ; secondly, the presumption of an act which, if done, is an answer to the plaintiff's demand ; and, thirdly, the public or private inconvenience that would arise from the court's interference. 1. It is clear that until the recent statute informations against trus- tees of charities (the trust being not constructive but direct) were not within the purview of the Statutes of Limitations. (n\ It was at one time, indeed, held, that although the statute was not an absolute bar, yet the court would be governed by the same period, as a good rule how far back to carry the account ;(«;) but afterwards the doctrine was denied, and the court professed to pay no attention whatever to the limitation of any statute. (w) But now charities are Avithin the operation of the 3 & 4 {s) Re Lister's Hospital, 6 De Gex, M. & G. 184. (t) See p. 504, supra, for powers of leasing, sale, &c., given by the Acts. {u) Attorney-General v. Mayor of Exeter, Jac. 448, per Sir T. Plumer ; Attorney- General V. Brewers' Company, 1 Mer. 498, per Sir W. Grant ; see Incorporated Society v. Richards, 1 Conn. & Laws. 58 ; 1 Dru. & War. 258. (v) Love V. Bade, Rep. t. Finch, 269 ; 2 Eq. Ca. Ab. 12, pi. 20. (w) Attorney-General v. Mayor of Exeter, Attorney-General v. Brewers' Com- pany, Incorporated Society v. Richards, ubi supra. REMEDIES OF THE CESTUI QUE TRUST. 021 ^Y. 4, c. 27, but are protected by the saving clause, wliicli excepts cases of an express trust. (a,) 2. It was observed by Sir. T. Plumer, that presum2^fw7i also did not apply to the case of trustee and cestui que trusf.{i/) *nowever, r^ygy-i although the court cannot presume the cestui que trust to have L J released the right to the estate, it may, in certain cases, presume the employment of the funds in a particular manner to have been by the direction or with the consent of the cesttii que trust. In Attorney-Gene- ral V. Scott,(2) the parishioners had purchased an advowson by subscrip- tion in the names of trustees ; and by a decree of the court the advowson had been vested in twenty-five of the principal inhabitants, upon trust to elect and present a proper clerk, the presentation to be approved by cer- tain assistant preachers. The trustees, for a century, had been in the habit of electing and presenting without such approbation ; and, the last election being disputed as irregular for want of that formality, Lord Hardwicke said, " The general disusage was evidence of the consent of the parishioners to lay aside that part of the constitution as useless : he would presume the common consent of the trustees and parishioners to lay aside the custom, as the court would presume an ancient bye-law to vary the constitution of a corporation." 3. The court may set a limit to the account on the ground of incon- venience ; and this bar applies in its full force to cases of charities. << It is the constant practice of courts of equity," said Sir Thomas Plumer, " to discourage stale demands ; and this principle has often been acted upon in cases of charities. When there has been a long period, during which a party has, under an innocent mistake, misapplied a trust fund from the laches and neglect of others, that is, from no one of the public setting him right, and when the accounts have, in consequence, become entangled, the court, under its general discretion, considering the enor- mous expense of the inquiries, and the great hardship of calling upon representatives to refund what families, acting on the notion of its being their property, have spent, has been in the habit, while giving relief, of fixing a period to the account. The result of the authorities is, that in each case the court is bound to be guided by the particular circum- stances. "(a) *In Attorney-General v. The Corporation of Stafi"ord,(?>) the rjcyog-i trustees in their answer, filed in 1811, had furnished accounts of L -^ the trust estate from the year 1791, and Lord Gifi"ord saw no inconveni- ence in decreeing: the account as far back as the trustees themselves had stated it, but refused to extend it farther. When no inconvenience can be no objected, the court will carry back the account to the time of commencement of the misapplication, or at least up to the period, when the plaintiff's title to the fund first accrued. In Attorney-General v. The Mayor of Exeter,(c) the defendants (z) See ante, 749, *750. (y) Attorney-General v. Mayor of Exeter, ubi supra. (2) 1 Ves. 413 ; and see In re Chertsey Market, 6 Price, 280. (a) Attorney-General V. Mayor of Exeter, Jac. 448. (6) 1 Russ. 547. (c) Jac. 443 ; 2 Russ. 362. 622 LEWIN ON THE LAW OF TRUSTS, ETC. admitted by their answer, that they had been in possession of the chanty estate for the last 200 years, and had applied considerable parts of the rents and profits to the purposes of the charity, and that the resi- due of the rents and profits, the amounts of which would appear from their books, they had always been ready and willing to apply; and Sir W. Grant decreed an account of the rents and profits without any limi- tation of time. Sir T. Plumer, before whom the cause was reheard, observed, <' Suppose the case of trustees called upon to account for the receipts of two or three hundred years, who admit the receipt, and say they have conscientiously laid up the money, and that they have it ready for the charity, or that they have invested it in the funds or in land, unmixed with other money. What is the court to do ? Can the court give to the trustees a part of the money or land which they acknowledge not to be theirs? It is admitted to belong to the charity, and the charity must have it. There is no difficulty from complicated accounts : all the topics of hardship that may sometimes be urged fail of applica- tion to this case." And his honour compelled the defendants to account for the rents and profits for the whole period of 200 years. lu Attorney-General v. The Brewers' Company,((/) an estate had been vested in that company upon trust for the repairs of the Harrow Road ; and, by an act of 19 Geo. 3, the proprietors of all lands chargeable with r^-RQT ^^® ^^^^ repairs were directed *to pay the sums which should be L -I so charged to certain trustees appointed by the act. About 1810, an information was filed in the name of the attorney-general, the trustees under the act being the relators, for an account of the rents and profits which the company had not applied. Sir W. Grant said, " It was a point not yet decided, from what period a corporate body should account in matters of trust; for to give the account only from six years would be to create an analogy between a trust account and a common acco«nt. However, the act which had been passed was not meant to have a retrospective operation, and the trustees under that act could not say they had a right to the accumulated fund from any antecedent period ; and the attorney-general, suing at the relation of the trustees, could have only such an account as the trustees themselves would be entitled to ;" and therefore his honor directed the account to be taken from the date of the act of parliament, a period of about thirty years. In a recent suit against a corporation the account was carried back to the last appointment of new trustees of the corporation, a period short of ten years; and in another contemporaneous suit against the same corpo- ration, but where the legal estate was not in trustees, but in the corpo- ration itself, the court by analogy, and for want of another fixed point, ordered the account to commence at the date of the last appointment of new trustees in the first suit.(c) In every suit, the limit of the account is regulated by the particular circumstances. In some cases it is carried back to the period when the corporation was first informed of the misapplication (as by the publication of the charity commissioners' report;) in other cases it has been directed {d) 1 Mer. 495. (e) Attorney-General v. Newbury, 3 M. k K. C41 REMEDIES OF THE CESTUI QUE TRUST. 623 from the time of filing the information, and in others from the date of the decree.(/) In some cases, where the defendant has been in strictness accountable for a very long period, but, if the right were enforced, it would impose great hardship, it has been referred to the attorney-general, as represent- ing the charity, *to certify whether under the circumstances it r^-qn-i might not be proper for the charity to accept a less sum.(^) L J But where the trustees have diverted the charity funds from their proper channel through mistake, it is now settled, that the court will not call back any disbursements made before the filing of the information, (A) or before the trustees had notice that the propriety of such application would be called into question. (i) The court holds a strict hand over trustees where there is any wilful misemployment ; but where the court sees nothing but mistake, while it gives directions for the better manage- ment in future, it refuses to visit with punishment what has been trans- acted in time past. To carry back the account to the very commence- ment of the misapplication would be the ruin of half the corporations in the kingdom ;(/v) besides that to act on such a principle would be a great discouragement to undertake the ofiice of trustees of charities. (/) If an individual make an annual payment for a particular purpose out of the profits of his estate, it is a reasonable presumption, from the strong interest which he has to resist an unfounded demand, that he has inquired the origin of the claim, and he is therefore fixed with implied notice of all the circumstances that attend it ; but the same presumption cannot be applied to corporations, because, having no immediate personal interest in the application of the profits of the corporate property, they may, without the imputation *of culpable negligence, adopt and follow rj^yqi-i the practice of their predecessors. (m) '- -• When the charity fund has been administered by a parish and misap- plied, as a parish is a fluctuating body, and the present rate-payers ought not to pay for past defaults, no retrospective account can be ordered. (h] In the East Retford case,(o) before Sir J. Leach, the court, on proof of a breach of trust by the corporation, directed an inquiry by the master of what property the corporation was possessed not devoted to special (/) See Attorney-General v. Drapers' Company, 6 Beav. 390. {g) Attorney-General v. Mayor of Exeter, 2 Russ. 370; and see Attorney-Gene- ral v. Corporation of Carlisle," 4 Sim. 279; xUtoruey-General v. Brettingham, 3 Beav. 91 ; Attorne}--General v. Pretyman, 4 Beav. 462. {h) Attorney-General v. Corporation of Exeter, 2 Russ. 45 ; afSrmed 3 Russ. 395 ; Attorney-General v. Dean of Christchurch, Jac. 474, 637 ; S. C. 2 Russ. 321 ; Attorney-General v. Rigby, 3 P. W. 145; Attorney-General v. Caius College, 2 Keen, 150 ; Attorney-General v. Drapers' Company, 4 Beav. 67 ; Attorney-General V. Christ's Hospital, ib. 73 ; and see Attorney-General v. Newbury, 3 M. & K. 150. (i) Attorney- General v. Burgesses of Eas't Retford, 2 M. & K. 35, see 37 ; and see Attorney-General v. Corporation of Berwick-upon-Tweed, Taml. 239 ; Attor- ney-General V. Caius College, 2 Keen, 150. {k) Attorney-General v. Burgesses of Retford, 2 M. & K. 37, per Sir J. Leach. [l) Attorney-General v. Corporation of Exeter, 2 Russ. 54, per Lord Eldon. (m) Attorney-General v. Burgesses of East Retford, 2 M. & K. 38, per Sir J. Leach. {n) Ex party Fowlser, 1 J. & "VV. 70 ; and see cases cited ib. 73, note (a). (o) 2 M. & K. 35. 624 LEWIN ON THE LAW OF TRUSTS, ETC. purposes, with the view that compensation might be made to the charity by an immediate sale ; but the case upon that point was subsequently appealed against and reversed, as contrary to principle,(p) and the plain- tiflF must now confine himself to a sequestration in the ordinary course. [*792] ^CHAPTER XXVII. MAXIMS OP EQUITY FOR SUSTAINING THE TRUE CHARACTER OF THE TRUST ESTATE AGAINST THE LACHES OR TORT OF THE TRUSTEE. Besides the several rights and remedies which have just been the subject of discussion, the court, with the view of keeping the trust estate in its regular channel, and sustaining its proper character, whether of realty or personalty , against the laches or other mishckaviour of the trustee, has found it necessary to establish two maxims, which we now proceed to examine : viz., first, What ought to be done shall be considered as done •,[a\ and, secondly, The act of the trustee shall not alter the nature of the cestui' s que trust estate, (i) SECTION I. WHAT OUGHT TO BE DONE SHALL BE CONSIDERED AS DONE. '' The forbearance of the trustees," said Sir J. Jekyll, " in not doing r*7QRT ^^^^^ '^^ ^^^ their office to have done, shall in no sort prejudice L J *the cestuis que trust, since at that rate it would be in the power of trustees, either by doing or delaying to do their duty, to affect the right of other persons ; which can never be maintained. Wherefore the rule in such cases is, that what ought to have been done shall be taken as done, and a rule so powerful it is as to alter the very nature of things, to make money land, and, on the contrary, to turn land into money. 'Vc^ And Lord Macclesfield, in the case of a bequest to a trustee for purchas- ing lauds, observed, " If the purchase had been made it must have gone to the heir, but if the trustee, by delaying the purchase, might alter the right, and give it to the executors, this would be to viake it the icill of (p) 3 M. & Cr. 484 ; and see Attorney-General v. Newark-upon-Trent, 1 Hare, 395. (a) Walker v. Denne, 2 Ves. jun. 182, per Lord Loughborough ; Foone v. Blount, Cowp. 467, per Lord Mansfield; Holland v. Hughes, 16 Ves. 114, per Sir W. Grant; Gaskell v. Harman, 11 Ves. 507, per Lord Eldon ; Stead v. Newdigate, 2 Mer. 530, per Sir W. Grant; Pulteney v. Darlington, 1 B. C. C. 237, per Lord Thurlow ; Burgess v. Wheate, 1 Ed. 186, per Sir T. Clarke ; Lechmere v. Earl of Carlisle, 3 P. W^ 215, per Sir J. Jekyll ; Fitzgerald v. Jervoise, 5 Mad. 29, per Sir J. Leach ; Earl of Buckingham v. Drury, 2 Ed. 65, per Lord Hardwicke ; Guidot V. Guidot, 3 Atk. 256, per Lord Hardwicke ; Crabtree v. Bramble, lb. 681, per eundem ; Trafford v. Boehm, lb. 446, per etmdem; &c. (b) Philips V. Brydges, 3 Ves. 127, per Lord Alvanley: Earlom v. Saunders, Amb. 242, per Lord Hardwicke ; Selby v. Alston, 3 Ves. 341, per Sir R. P. Arden. (c) Lechmere v. Earl of Carlisle, 3 P. W. 215. MAXIMS OF EQUITY, ETC. 625 the trustee, and not the will of the testator, lohich icoiild he very nnrea- sonahle and inconvenient." {cV^ Upon these grounds it is in equity a universal rule, tliat money direct- ed to be laid out in tlie purchase of land, or land directed to be sold and turned into money, shall be considered as that species of property into which it is directed to be converted ; and this, in whatever manner the direction is given, whether by will, by way of contract, by marriage articles, by settlement, or otherwise, and whether the money has been actually deposited in the hands of trustees for the purpose, or is only covenanted to be paid, whether the land has been actually conveyed, or is only agreed to be conveyed. (e) Thus, if money be stipulated to be laid out in land to be settled on a feme covert in fee or in tail, the husband of the/eme is entitled to his curtesy, though no purchase be actually made in the lifetime of the wife ; and he will be decreed the interest of the money until a purchase can be found ; and when the investment has been made, he will have a life estate in the lands. (/) Whether under similar circumstances a widow could, before the late Dower Act, have established her title to dower, was much questioned. It was admitted she was not dowable of a ^mere trust estate ;(arte inalernd, that, as the cestui que trust might at any time have called upon the trustees to convey, and equity looked upon what ought to have been done as done, the court would by a fiction con- sider the conveyance of the legal estate as actually executed; and then, in default of heirs of the paternal line, the lauds would descend to the heir ex p)arte maternd. But the master of the rolls said, " Had such a r*7Qn conveyance been executed, it would have *been like a feoffment L J and refeolfmeut, and have made A. seised of a new use ; but, as this was not done, the consequences insisted on will not follow, for nothing is looked upon in equity as done but what o^ight to have been done — not what might have been done ; nor icill equity consider things in that light in favour of everyhody ^ hut only of those ivho had a right to pray it might he done. The rule is, that it shall he either between the (k) See Cunningham v. Moodj. 1 Ves. 1*76 ; Crabtree v. Bramble, 3 Atk. 687. (Z) Fletcher V. Robinson, cited Dudley v. Dudley, Pr. Ch. 250; S. C. stated from R. L. in Banks v. Sutton, 2 P. W. V09; Otway v. Hudson, 2 Vern. 583; Banks v. Sutton, 2 P. W. 700 ; In re Lord Lismore, 1 Hog. 177. {m) See p. 62G, supra. (n) Walker V. Denne, 2 Ves. jun. 185, per Lord Loughborough; Henchman v. Attornej'-General, 3 M. & K. 494, per Lord Brougham. (o) 1 Ed. 177; S. C. 1 W. Blackst. Rep. 123. MAXIMS OF EQUITY, ETC. 627 parties icJio stipulate tvliat is to he done, or tliose who stand in their place. A. never prayed a conveyance, and one cannot tell whether she ever would, and the maternal heir is not to be considered as a privy in blood, but a mere stranger."(^) As the lord by escheat claims not in privity, it results that, according to Sir T. Clarke's construction of the rule, he has no title to a suhpana. As money to be laid out in land is regarded as land, it could not before the late Wills Act have been devised by an infant, though of sufficient age to bequeath personal estate-;(g') and, for the same reason, it will pass by the cestui' s que trust will under the general description of all the testator's lands,(r) or of all his lands in the county of or ehewhere,{s) though in the latter case it may very plausibly be contended, that the testator could not have referred to money, but must have alluded to something that possessed a local character. So money to be converted into land is bound by a judgment,(^) but was never accounted personal assets, and therefore was not, until the late act,(«) liable to the payment of simple-contract debts. (i') *So a gift by a parent (a freeman of the city of London) to a r^'jn-j-i child of money to he laid out in land was considered a purchase L J by the father, and a donation of the estate, and consequently under the law existing before the recent aet,(2«) the child was not bound, before receiving his orphanage share, to bring the purchase into hotchpot. (.r) With respect to the heir of the person upon whom the lands, when purchased, are directed or agreed to be settled, it is necessary, for ascer- taining his rights, to distinguish between the cases where the real repre- sentative, claims as against a stranger, and where he claims as against the executor of his own ancestor. It appears to be perfectly established that the heir is entitled to the money as land, if he seek to enforce his equity against a stranger. Thus, 1. If a sum of money be heqiieathed to be laid out in a purchase of lands to be settled to the use of A. and his heirs, and A. die before a purchase has been obtained, the money is the property, not of the executor, but of the heir of A.(^) 2. If on the marriage of A. money be actually depo- Cp) 1 Ed. 186. (g) Earlom v. Saunders, Amb. 241. By the late act, 1 W. 4, and 1 V. c. 26, an infant cannot make a will even of personal estate. (r) Guidot v. Guidot, 3 Atk. 256, per Lord Hardwicke ; Rasliley-v. Masters, 1 Ves. Jun. 201 ; S. C. 3 B. C. C. 99 ; Green v. Stephens, 17 Ves. 77 ; Biddulph v. Biddulph, 12 Ves. 161. («) Lingen v. Sowray, 1 P. W. 172 ; Guidot v. Guidot, 3 Atk. 254. {!) Frederick v. Aynscombe. 1 Atk. 392. (w) 3 & 4 W. 4, c. 104. (y) Whitwick v. Jerrain, cited Baden v. Earl of Pembroke, 2 Vern. 58 ; Law- rence V. Beverley, cited lb. 55 ; S. 0. 2 Keb. 841 ; Fulham v. Jones, cited Pul- teney v. Darlington, 7 B. P. C. 550 ; Foone v. Blount, Cowp. 467, per Lord Mans- field. (ic) 19 & 20 Vict. c. 94. (x) Hume v. Edwards, 3 Atk. 450 ; Annand v. Honeywood, 1 Vern. 345. (y) Scudamore v. Scudamore, Pr. Ch. 543. Abbott v. Lee, 2 Vern. 284, at first sight appears contra, but it seems from the Registrar's book that the direction for conversion was not imperative, but to be at the discretion of the testator's execu- tors. Had the money been absolutely converted into la?id, the ultimate remainder by failure of issue of the surviving daughter would have resulted to the executors of the testator, but, as money to be converted and settled in tail upon a discretion G28 LEWIN ON THE LAW OF TRUSTS, ETC. sited in the hands of trustees, either by A. himself or by a stranger, to be laid out in a purchase of lands to be settled to the use of A. for life, remainder to his wife for life, remainder to the issue in tail, remainder to A. in fee, and A. die without issue, his heir, and not his executor is entitled. (z) 3. If on the marriage of A. there be a covenmit on the part of B. to lay out money in a purchase of lauds to the above uses, and A. die without issue, his heir takes the benefit of the covenaut.(rt) *But if the heir have to enforce his claim, not against a L ' J stranger, but against the personal representative of his own ances- tor, as if A. on his marriage covenant to lay out money in a purchase of lands to be settled to the use of himself for life, remainder to his wife for life, remainder to the issue in tail, remainder to his own right heirs, in this instance the question whether the heir can call upon the executor for the money must depend upon this further distinction : — 1. If at the death of A. there be an equitable interest in the fund out- standing in another, as a life estate in the wife, or an estate tail in the issue, then the real quality of the money is sustained and continued by that right, and the heir of A. is entitled to call upon A.'s executor ;(i) and if there be such an outstanding claim at the death of the ancestor, the circumstance that the heir institutes his suit during the subsistence of that claim, or after its determination, seems to be perfectly imma- terial, (fi) In Walker v. Denne(rZ) Lord Loughborough expressed some doubt upon this doctrine. " Is there," he said, " any case where the heir has filed a bill merely as such, and has had money paid to him, because it was directed to be laid out in land ? The idea is commonly entertained, but there are doubts about it. I do not recollect any case where the heir has said, The money ought to be laid out — all the particular objects are gone, and I as heir claim the money as land for my benefit. Upon that I doubt what gives the heir a title to a suhpoena in this court : between the heir and personal representative their rights are pure legal rights : chance decides what shall be real, what personal : neither has a scintilla of equity to make the property that which it is not in fact." To this reasoning of Lord Loughborough it may be replied, that, when it is said there is no equity between the real and personal representatives, the meaning is no more than this — that what is real estate at the death r*7QQi ^^ *^^^ ancestor will go the heir, *and what is personal estate at L J the death of the testator will go to the executor ; but, for the purpose of determining what is real and what is personal estate, the court is guided, not by the legal nature of the property at the death of the which was not exercised, it belonged to the administrators of the legatee, as was decreed by the court. See the case stated from Reg. Lib. App. No. IL (z) Disher v. Disher, 1 P. W. 204 ; Chaplin v. Horner, lb. 483 ; Edwards v. Countess of Warwick, 2 P. W. 1 71 ; and see Lechmere v. Lechmere, Cas. t. Talb. 90. (a) Knights v. Atkyns, 2 Vern. 20. (b) Kettleby v. Atwood, 1 Vern. 298; re-heard, lb. 471 ; Lancy v. Fairechild, 2 Vern. 101 ; Chaplin v. Horner, 1 P. W. 483 ; Lechmere v. Earl of Carlisle, 3 P. W. 211 ; affirmed, Cas. t. Talbot, 89 ; Oldham v. Hughes, 2 Atk. 452. (c) See Chaplin v. Horner, 1 P. W. 483 ; Lechmere v. Lechmere, Cas. t. Talb. 80. (d) 2 Ves. jun. 175, 17G, 183 ; and see Oxenden v. Lord Compton, lb. 70 ; Lord Compton V. Oxenden, lb. 265. MAXIMS OF EQUITY, ETC. 629 owner, but, as appears in numerous instances, by the stamp and character impressed upon it in consideration of a court of equity. Thus if a mort- gagee in fee die, the mortgage being regarded as a mere security for part of the mortgagee's personal estate, the executor may call upon the heir for a conveyance of the land. On the other hand, if the mortgagor die, the heir of the mortgagor may call on the executor to discharge the incum- brance out of the personal assets. So if a person contract for the sale of an estate, and die before the completion of the sale, the legal fee descends upon the heir, but the purchase-money passes to the executor ; and, on the other hand, if a person contract for the purchase of an estate, and die, the executor must pay the money, but the heir is entitled to the purchase. Thus, in the words of Lord Talbot, " where the dispute is between the two representatives of the deceased, the one of his real, the other of his personal estate, the heir's being but a volunteer in regard to his ancestor will not exclude him from the aid of the court, for though the question is between two volunteers, the court will determine which way the right is, and will decree accordingly. "(t) "I am disposed," said Lord Eldon, " to say, notwithstanding the opinion of Lord Kosslyn in Walker V. Denne, and some other modern authorities, that if the instru- ment be taken to impress a fund with real qualities immediately upon the execution, in the question between the heir and executor, the money being once clearly and plainly impressed with real uses as land, and one of those uses being for the benefit of the heir, it will remain for his bene- fit, and it is not correct to say the court does not interpose between volun- teers, if they give to the executor that money which the instrument has given to the heir."(/) And Sir W. Grant to the same effect observed, " There is no weight in the circumstance that the property is found in the shape of money or land, *for the character is to be/onnd in r^gQQ-j the deed. The opinion of Lord Rosslyn that property was to be L J taken as it happened to be at the death of the party from whom the rep- resentatives claimed, was much doubted by Lord Eldon, who held, in which Ii^erfecthj concur, it must be considered as being in the state in which it ought to he. Lord Rosslyn's rule was new, and not according to prior cases. "(//) 2. But if A. die, leaving neither wife nor issue, so that, to use the technical expression, the money is "at home," that is, A. at the time of his death is the absolute and exclusive owner, and there is no outstanding right in another person, in this case the real quality of the money has become merged and extinguished, and on the death of A. the heir has no equity to call upon the executor. To keep on foot the notional conver- sion of money into land, it is evident there must be a right in some one to insist upon the actual conversion; but if A. be in possession of 20,000^. upon trust to lay out in a purchase of lands to be settled to the use of himself and his heirs, the right and the thing both centring in the same person, there is nobody to sue, and it follows the action is extinguished. (A) (e) Lechraere v. Lecbmere, Cas. t. Talb. 00. (/) Wheldale v. Partridge, 8 Yes. 235. {g) Thornton v. Hawley, 10 Yes. 138 ; Kirkman v. Miles, 13 Yes. 339. (/*) See Pulteney v. Darlington, 1 B. C. C. 237. 630 LE^YIX ON THE LAW OF TRUSTS, ETC. The decision in the much litigated case of Chichester v. BickerstaflP,(i) amounted probably to no more'than this. On the marriage of Sir J. Chichester with the daughter of Sir C. Bickerstaff, the latter agreed to pay 1500?. by way of portion, which, together with 1500?. more to be advanced by Sir John Chichester within three years after the marriage, was to be invested in lands to be settled on Sir John for life, remainder to his wife for life, remainder to the issue in tail, remainder to Sir John in fee. Sir John and his lady, within one year after the marriage, both died without issue, the husband having survived. Sir John by his will made Sir C. BicJcerstaff his executor, and bequeathed the residue of his personal estate, after payment of his debts, &c., to Frances Chichester, his sister. The heir-at-law of Sir John brought his bill against Sir Charles to *compel him to pay the 1500?., insisting that by virtue L J of the marriage articles the money ought to be looked upon as land, and therefore belonged to him as heir. Lord Somers said, " This money, though once bound by the articles, yet when the wife died with- out issue became free again, and was under the power and dispose of Sir John, as the land would likewise have been in case a purchase had been made pursuant to the articles, and therefore would have been assets to a creditor, and must have gone to the executor or administrator of Sir John ; and this is much stronger where there is a residuary legatee ;" and therefore dismissed the bill. Then follows what is apparently the note of the reporter, viz. that '< money shall in many cases be considered as land when bound by articles in order to a purchase, but whilst it remains still money, and no purchase made, the same shall be deemed as part of the personal estate of such person, who might have aliened the land in case a purchase had been made." In this case it has been commonly, but surely without reason supposed, that the suit of the plaintiff was for the 1500?. which Sir Charles had articled to pay, and in consequence of this misconception, the authority of the decision tas repeatedly been called into question. Thus Sir J. Jekyll, overlooking the very material circumstance that Sir Charles had been appointed the executor of the testator, observes, " It is remarkable with respect to this case, that the wife died within three years after the marriage, during which period the purchase was to be made, so that the time was not come within which the money was to be laid out ; and till then it continued money ; and possibly the court had some evidence to induce them to believe, that Sir John Chichester looked on the money as personal estate; and if this does not distinguish it from other cases, I doubt, in opposition to so many decrees, the resolution here given icould hardly he maintainahle ." [h) And Lord Talbot was apparently under the same misapprehension, for he observes, "Had the money in the case before me been deposited in the hands of trustees, it must have been looked upon as real estate, and the heir have been entitled. This seems r*Sn91 ^^ '^^'^ granted, and no authority against it but what has been L "^J collected from the case of Chichester v. BickerstaflP. It is probable the court went upon some reason, which induced it to think that (0 2 Vern. 295; S. C. cited Pulteney v. Darlington, f B. P. C. 554. [k) Lechmere v. Carlisle, 3 P. W. 221. MAXIMS OF EQUITY, ETC. 631 Sir John looked upon that money as personal estate, for otherwise the autliority of that case is not to be maintained, leing contrary to all former reso/nfions."(J) But Lord Thurlow viewed the case in a different 'light, and evidently considered the 1500/. sought hy the hill of the plaintiff to°be the 1500/. articled to be paid by the testator himself, and so payable out of his assets in the hands of Sir John Bickcrstatf, his executor. " Where," said his lordship, " a sum of money is in the hands of one without any other use hut for himself, it will be money, and the heir cannot claim, like the case of Chichester v. Bichu-staff, against which I think there is no judgment, though there are a number of opinions. I know no better authority than that case."(m) The registrar's book has been searched, but no decree can be found. It appears, however, from a motion in the cause for dissolving an injunc- tion, that the circumstances of the case were as follows : — Sir Charles Bickerstaff had brought an action at law against the plaintiff, and had obtained judgment for a certain sum upon a balance of accounts. Upon this the plaintiff instituted a suit in equity for staying the proceedings at law, alleging, that Sir Charles stood indebted to him in the sum of 3000/., to which the plaintiff was entitled as heir-at-law of Sir John, under Sir John's marriage articles. It was ordered by the court that judgment should be entered up, but execution should be stayed till the cause should be heard the Easter term following. As Vernon, the reporter, speaks only of one sum of 1500/., to which the executor was declared entitled, it is probable the other sum was adjudged to the heir, a decision that would in every respect be conformable to principle ; for while the 1500/., covenanted to be paid by Sir John himself was, by the death of his wife without issue in his lifetime, " at home," and therefore set free from the articles, the other sum of 1500/. which was covenanted to be paid by Sir Charles, was outstanding in *the hands of Sir r*gQ3-i Charles as trustee, and would therefore retain the character of L -I real estate until some act by Sir John to remove that impression. To the principle under consideration must be referred the case of Pul- teney v. Darlington. («) Henry Guy the testator appointed Lord Bath, Taylour, and Lake, his executors, and devised to them, their heirs, and assigns, all his estates at Earl's Court, and certain freeholds and copy- holds at Muswell Hill, upon trust to sell, and directed that, after payment of his debts and legacies, all such moneys or other personal estate as should remain in the hands of the executors, or be raised by sale of the devised estates, should be laid out in the purchase of lands to be settled to the use of Lord ]3ath for life, remainder to the first and other sons in tail, remainder to Greneral Pulteney for life, remainder to tlie first and other sons in tail, remainder to Daniel Pulteney for life, remainder to the first and other sons in tail, with a remainder in fee to the father of Lord Bath, which afterwards became vested in Lord Bath himself. The testator died in 1710. Daniel died without issue in the lifetime of Lord Bath and General Pulteney. Lord Bath had issue, a son, who died, without having disturbed the settlement, in the lifetime of his (l) Lechmerc v. Lecbmere, Cas. t. Talb. 90. (m) Pulteney v. Darlington, 1. B. C. C. 238. (n) 1 B. C. C. 223. 032 LEWIN ON THE LAW OF TRUSTS, ETC father. General Pulteney never had any issue. Lord Bath, who acted in the executorship, retained in his hands the sum of 23,488?. upon the trusts of the will ; and, after the decease of Daniel and of his own son, by his will, bearing date in 1763, devised all his real and personal estate to General Pulteney and appointed him executor; so that, whether the sum of 23 488/. was to be regarded as the real or as the personal estate of Lord Bath, uiraque via data it became vested in General Pulteney under this devise and bequest. General Pulteney proved the will, took possession of the estates, and transferred the securities upon which the 23,488/. was in vested into his own name. By his will bearing date in 1767, General Pul- teney devised all his estates in Middlesex, Salop, and York, to certain uses, and o-ave all his money, securities, goods, chattels, and personal estate, to his executors upon certain trusts ; so that, under *General [ 804] pui^gjjgy'g ^\\\^ if the 23,488/. was, under the circumstances, to be taken as land, then, for want of a general devise, it had descended upon the plaintiff as General Pulteney's heir; but if it was to be regarded as personalty, it was included in the bequest of the General's personal estate. Lord Bathurst, before whom the cause was first heard, conceived the heir had no title, and dismissed the bill. It was afterwards reheard before Lord Thurlow, who affirmed the decree upon two grounds ; first, that the money was " at home," the possibility of issue having, on the death of General Pulteney, the surviving tenant for life, become extinct, and therefore, at his decease, there was no claim upon the fund outstanding in any other person ; and, secondly, that General Pulteney had manifested a disposition to destroy the impression of real estate, and continue the fund as money. His lordship said, " If there be no legal or equitable title out against the party who is in possession of the fund, there the rule, that when the right and the thing centre in one and the same person the action is extinguished, applies, and the heir cannot say there was a use for him ;" and then, after commenting upon the numerous decisions upon the subject, his lordship continued : " the use that I make of these cases, notwithstanding the dicta they contain, is this, that where a sum of money is in the hands of one without any other use but for himself, it will be money, and the heir cannot claim. But whether that is clearly so or not, circumstances of demeanor in the person, even though slight, will be sufficient to decide it : a very little would do : receiving it from the trustees there is no doubt would be sufficient : Lord Bath did receive it — he had it in his hands. Suppose he had it by way of covenant ; otherwise where would there be an end ? If he kept it subject to a covenant to lay it out for fifty years, should the heir come for it at the end of that term ? It would lead to infinite inconveniences." The decree was afterwards affirmed in the House of Lords, and upon the ground, as stated by Lord Eldon, that the money was " at home."(o) Of course the money will be "■ at home" where the person absolutely r*SnfS1 ^"tit^'^*^ to the fund receives it from the trustee the ^depositary L J of it, and that whether the payment is made with the sanction of the court, or by the voluntary act of the trustee himself.(p) (o) Whcldale v. Partridge, 8 Ves. 235. Ip) See Pulteney v. Darlington. 1 B. C. C. 236 ; Bowes v. Earl of Shaftesbury, 5 B. P. C. 144; Chaplin v. Horner, 1 P. W. 483, as to the 1350Z. MAXIMS OF EQUITY, ETC. G33 If a testator bequeatli a sum of money to be laid out in lands, to be settled to certain uses, with the ultimate remainder to his own riyht heirs, and the prior limitations fail, the heir may file a bill against the executor of his ancestor, and though the only person entitled, may claim to have the benefit of the conversion. Lord Loughborough, in Walker v. Denne,(^y) appears to have doubted upon this point, and observed, that in general a limitation to the right heirs of the testator was an indication that he had no will concerning it, and meant that he did not know what to do with it : but his lordship's doctrines have, as before remarked, been repeatedly disapproved, and the very point was decided by Lord Northington in the case of Robinson v. Knight.(r) Lord Macclesfield advanced the position, that if a person voluntarily/ and loitJiout consideration covenanted to lay out money in a purchase of land to be settled on himself and his heirs, the court would compel the execution of such a contract, though merely voluntary j for in all cases, where it was a measuring cast between an executor and an heir, the latter should in equity have the preference. (s) But the position that the heir is more favoured than the executor, though often repeated, (^) does not appear to be founded on any intelligible principle. The notion may have arisen from the leaning of the court towards the heir in res- pect of lands of which the ancestor loas seised. And as to the applica- tion of the rule, that what ought to be done shall be looked upon as done, the heir in the case put by Lord Macclesfield cannot, it seems, take advantage of it; for the *court will not act upon the rule j.^,n^„^ universally but only where the agreement is founded on a good L J or valuable consideration. («) The opinion expressed by Lord Maccles- field may therefore justly be doubted. In the preceding observations it has of course been assumed, that the direction or agreement for conversion is by the terms of the instrument made absolute and imperative ; for, where a mere option is given, the original character of the property continues, until the discretion has been exercised, and the conversion actually effected ; as, if the direction or agreement be to lay out money in *' lands or securities, "(i>) in " freeholds or leaseholds,"^?©) or if by any other mode of expression an intention be manifested of not converting the property at all events. (x) But where the uses declared are exclusiveli/ applicahle to real estate, the direction or agreement will be construed to be imperative, though the direction or agreement be to lay out the money in " freeholds, lease- (q) 2 Ves.jun. IVS-HT. (r) 2 Ed. 155. (s) Edwards v. Countess of Warwick, 2 P. W. 176; and see Lcchmere v. Lech- mere, Oas. t. Talb. 90, 91. (t) See Crabtree v. Bramble, 3 Atk. 689 ; Scudamore v. Scudamore, Pr. Ch. 544 ; Haytor v. Rod, 1 P. W. 364 ; Wilson v. Beddard, 12 Sim. 32. (u) See Crabtree v. Bramble, 3 Atk. 687 ; Frederick v. Fredrick, 1 P. W. 713. (v) Curling v. May, cited Guidot v. Guidot, 3 Atk. 255 ; Amler v. Amler, 3 Ves. 583; and see Van v. Barnett, 19 Ves. 102. (w) Walker v. Denne, 2 Ves.jun. 170; Davies v. Goodhew, 6 Sim. 585. (x) Wheldale v. Partridge, 5 Ves. 388 ; S. C. 8 Ves. 227 ; and see Abbott v. Lee, 2 Vern. 284; Davies v. Goodhew, 6 Sim. 585 ; Policy v. Seymour, 2 Y. & C. 708. April, 1858.— 41 604 LEWIN ON THE LA^n^ OF TRUSTS, ETC. liolds, or copy'holds"{y) or the instrument contain an authority to invest the money upon securities until a purchase can be found,(z) or, the fund beino; already out upon security, a power is inserted to call it in, and lay it out upon other securities,(a) or even though the direction or agreement be to lay out the money on lands or securities, the intention in the last case apparently being, that the money shall be invested upon security until a suitable purchase can be found, and that the interest and divi- dends in the mean time shall be paid to the person who would be entitled to the rents. (&) *And, where the uses are thus exclusively applicable to real L'^'^'J estate, the direction or agreement will be regarded as impera- tive, though the settlement require the purchase to be made at the re- quest of a party,(c) for the insertion of such a clause has been taken to mean, not that a conversion may not be effected hefore, but that it shall certainly be effected after request. (rZ) And the construction is the same, though the purchase be directed to be made with a person's consent and approbation ;{e) for upon a convenient purchase being proposed, the court, said Sir J. Jekyll, will take upon itself to judge thereof, and, without some reasonable objection made, will order the money to be laid out in it, so that such a proviso seems to be immaterial, and as if omitted. (/) But of course the instrument may be so strongly expressed as to show the intention of the parties, that the request or consent of a particular person should be a substantial ingredient, and that no conver- sion should take place unless it were given. (^) As money to be converted into land is considered as land, so land to be converted into money is, upon the same principle, invested with all the properties of money. Thus, if an estate be directed or agreed to be sold, and the proceeds be made payable to A., the property, though un- converted at A.'s decease, will pass by a general bequest of all his per- sonal estate ;(A) and, if A. die intestate, will vest in his personal repre- sentative,(?) but will not be liable to probate duty.(7i) (y) Hereford v. Ravenhill, 5 Beav. 51. (z) Edwards v. Couatess of Warwick, 2 P. W. ITI ; Earlom v. Saunders, Amb. 241 ; and see Davies v. Goodhew, 6 Sim. 585. (a) Thornton v. Hawley, 10 Yes. 129; andsee Triquet v. Thorntonj 13 Yes. 345. {b) Earlom v. Saunders, Amb. 241 ; Cowley v. Hartstonge, 1 Dow. 361: Arnold T. Johnson, 1 Yes. 169 ; Cookson v. Reay, 5 Beav. 22 ; 12 CI. & Fin. 121.' (c) Thornton v. Hawley, 10 Yes. 129 ; Johnson v. Arnold, 1 Yes. 169. {d) lb. 137 ; but see Stead v. Xewdigate, 2 Mer. 530. (e) Thornton v. Hawley, ubi supra. In Symonsv. Butter, 2 Vern. 227, Hutchins was right according to Sir J. Jekyll, Lechmere v. Earl of Carlisle, 3 P. "W. 220, and Lord Thurlow, Pulteney v. Darlington, 1 B. C. C. 238 ; but see Stead v. New- digate, 2 Mer. 530. (/) Lechmere v. Earl of Carlisle, 3 P. "W. 220, per Sir J. Jekyll. [g) Davies v. Goodhew, 6 Sim. 585 ; and see Re Taylor's Trust, 9 Hare, 596. (A) Stead y. Newdigate, 2 Mer. 521. [i] Ashby v. Palmer, 1 Mer. 296 ; Biggs v. Andrews, 5 Sim. 424 ; Burton v. Hodsoll, 2 Sim. 24 ; Grieyeson v. Kirsopp, 2 Keen, 653 ; Griffith v. Ricketts, 7 Hare, 299; Hardey v. Hawkshaw, 12 Beav. 552. {k) Matson v. Swift, 8 Beav. 368 ; Custance v. Bradshaw, 4 Hare, 324 ; nor would such proceeds be forfeitable to the crown as personalty until the period for conversion arrives. Thompson's Trusts, 22 Beav. 506. MAXIMS OF EQUITY, ETC. 635 So, if the proceeds be given to an alien, be is capable of taking for bis own benefit, and tbe crown is excluded. (^) *And if leasebolds be stamped witb a trust for conversion, and r^orvQ-i tbe proceeds be given to A., and A. dies baving by bis will given L J bis personal estate to a cbarity, tbeleasebold will pass by the bequest. (m) But if real and personal estate be given to trustees upon trust for a class, witb a discretionary and not an imperative power to convert tbe whole into personal estate, and if tbe trustees make a partial conversion, and then tbe discretionary power becomes extinguished by their death or otherwise, the objects of the trust will take the property as real or personal estate, according to tbe actual condition in which it is found. («) So if a mortgage deed contain a power of sale witb a direction that the surplus proceeds shall be paid to the mortgagor, his executors, adminis- trators, and assigns, and the property is sold by the mortgagee, the sur- plus will be personal or real estate of the mortgagor, according as the sale takes place before or after bis death. (o) But where an option to purchase has been created by a testator, and exercised after his death, such exercise has been held to effect a retrospective conversion. (^) In some cases a conversion of personal estate is implied. Thus as a general rule, if a testator give his personal estate,(g) or the residue of bis personal estate, (/•) or the interest of his property,(s) in trust for or to(^) several persons in succession, and tbe property is of a wasting na- ture, as leasebolds, long annuities, &c., the court implies the intention thatsuch perishable estate *sbould assume a permanent character, p^Qr,Q-i and so become capable of succession. The court accordingly in L '" J these cases, directs a conversion into 3 per cent. Bank Annuities. " It is given," observed Lord Eldon in the leading case of Howe v. Earl of Dartmouth," (it) as all his personal estate, and the mode in which he says it is to be enjoyed is to one for life, and to the others afterwards. Then the court says it is to be construed as to the perishable part, so that one shall take for life and the others afterwards, and unless tbe testator directs the mode so that it is to continue as it was, tbe court understands that it shall be put in such a state that tbe others may enjoy (I) Du Hourmelin v. Sheldon, 1 Beav. 79; 4 M. & Cr. 525. (m) Shadbolt v. Thornton, 17 Sim. 49. But the ground upon which the court held that there was such a trust for conversion does not appear in the report. («) Walter v. Maunde, 19 Ves. 424; Shipperdson v. Tower, 1 Y. & C. Ch. Ca. 441 ; Policy v. Seymour, 2 Y. & C. 708 ; and see Cowley v. Harstongue, 1 Dow. 378 ; Bourne v. Bourne, 2 Hare, 35. Otherwise, where the power is impe^ati^'e, Grieveson v. Kirsopp, 2 Keen, 653. (o) Wright V. Rose, 1 Sim. & Stu. 322 ; and see Re Cooper's Trust. 4 De G. M. & G. 768. [p) Lawes v. Bennett, 1 Cox, 167 ; Townley v. Bedwell, 14 Ves. 590 ; but see Drant v. Vause, 1 Y. & C. Ch. Ca. 580 ; Erauss v. Smith, 2 De Gex & Sm. 722. {q) Howe v. Earl of Dartmouth, 7 Ves. 137. (r) Cranch v. Cranch, cited Howe v. Earl of Dartmouth, 7 Ves. 141, note: Powell v. Cleaver, cited, lb. 142 ; Wichfield v. Baker, 2 Beav. 481 ; Crawley v. Crawley, 7 Sim. 427 ; Sutherland v. Cooke, 1 Coll. 498 ; Johnson v. Johnson, 2 Coll. 441. (s) Fearns v. Young, 9 Ves. 549; Benn v. Dixon, 10 Sim. 636. Sec Oakes v. Strachey, 13 Sim. 414. (0 House v. Way, 12 Jur. 959. (m) 7 Ves. 148; Wilkinson v. Duncan, 3 Jur. N. S. 530. 636 LEWIN ON THE LAW OF TRUSTS, ETC. it after the decease of the first, and the thing is quite equal, for it might consist of a vast number of particulars ; for instance, a personal annuity not to commence in enjoyment till the expiration of twenty-one years from the death of the testator, payable upon a contingency perhaps. If in this case it is equitable that long or short annuities should be sold to o-ive every one an equal chance, the court acts equally in the other case, for those future interests are for the sake of the tenant for life to be converted into a present interest, being sold immediately in order to yield an immediate interest to the tenant for life. As in the one case, that in which the tenant for life has too great an interest, is melted for the benefit of the rest, in the other, that of which, if it remained in specie, he might never receive anything, is brought in, and he has immediately the interest of its present worth." But an intention that the property should be enjoyed in specie may appear from the form of the bequest, or be collected from the terms iu which it is expressed. As if there be a specific bequest of leaseholds or of stock, or if the testator assume that the property is to remain in specie by speaking of the devisees or legatees as in the perception of the rents of leasehold estate, or the dividends of stock, or if a testator negative a sale at the time of his death by directing a conversion at a subsequent period. Thus, the property was decreed to be enjoyed in specie where a testa- r*8im trix having ^OH^ annuities, and no other stock *gave certain lega- L -I cies out of her ^^ funded property" and bequeathed "the re- mainder of her dividends to A. for life," and after her decease gave sums of " stock" of various amounts to different persons. (i?) So where a testa- tor having long annuities gave 100?. long annuities to A., "the residue of his property all he did or might possess in the funds, copy or lease- hold estate," to B. and C. for their lives, and on the death of both to be divided among certain persons in the will named. (r) So where a testator having leaseholds gave all his estate to A. and B. upon trust to permit C. to enjoy " the rents, issues, profits, interest, and annual pro- ceeds thereof," for her life, and on her decease upon trust for the two daughters of G.(x\ So where a testator having leaseholds gave all his property of every description and denomination unto three trustees upon trust for A. B. for her life, for her separate use, and upon her decease upon trust for C. D. for her life, for her separate use, and on her decease unto her children in equal shares j and if there should be no children, the whole of the property to be sold by auction, and the proceeds to be dis- tributed amongst certain parties. (?/) So where a testator having lease- holds, gave his wife "all his pi'opcrty in every shape, and without any reserve, and in whatever manner it was situate for her life, and at her {v) Vincent v. Newcombe, Younge, 599 ; and see Sutherland v. Cooke, 1 Coll. 503. iw) Bethune v. Kennedy, 1 M. k C. 114. (a;) Goodenough v. Tremamondo, 2 Beav. 512; Bowden v. Bowden, 17 Sim. 65 ; Harris v. Poyner, 1 Drew. 174; Blann v. Bell, 2 De Gex, Mac. & Gor. 775 ; Crowe V. Crisford, 17 Beav. 507; Hood v. Clapham, 19 Beav. 90; Marshall v. Bremner, 2 Sm. & Gif. 237 ; and see contra, Pickup v. Atkinson, 4 Hare, 624. [y) Daniel v. Warren, 2 Y. & C. Ch. Ca. 290 ; Chambers v. Chambers, 15 Sim. 183; Burton v. Mount, 2 De Gex & Sm. 383. MAXIMS OF EQUITY, ETC. 637 death, the property to be divided" amongst certain persons. (2) So where a testator having leascJwIds, and being entitled to an annuity pwr autre vie gave to his wife "all the interest, rents, dividends, annual produce or profits, use and enjoyment" of all his real and personal estate for her life, and after her decease to A., or in case he died in the testator's life- time, *to B. and C.(tt) So where a testator having Io7ig annui- pgj^j^-i ties and no other stock, gave all his real and personal estate to his L J executors ''upon trust to permit his wife to receive the rents and profits, dividends, and annual proceeds for life, and on her decease upon trust to sell his freehold and leasehold houses, and to convert the whole of his estate into money."(Z^) So where a testator having leaseholds gave to his wife "the full and entire enjoyment" of his real and personal estate for her life, and after her decease he directed his trustees to sell all the leasehold and chattel property. (r) So where a testator having leaseholds and long annuities gave to his wife " the whole income of his property" for her life, "but not to sell without the whole consent of all parties," and at her decease the testator gave a debt owing to him to A. and 100^. 3 per cent, stock to be " bought in " within three months from his wife's decease to B., and then disposed of the residue.(cZ) "So where a testator gave the residue of the stocks and funds that should be standing in his name at his decease to trustees upon trust to pay the interest and divi- dends thereof to A. for life, and on her decease upon trust for B. and C, and the testator gave a power to the trustees to transfer the stocks and funds into any other funds and bequeathed the residue of his personal estate to A. absolutely, it was held that the long annuities of which the testator died possessed, were to be specifically enjoyed, and that the power given to the trustees was for the security of the property, and was not intended to cut down the specific gift.(e) The case of Mills v. Mills,(/) is not to be reconciled with the forego- ing authorities, and is not considered as law. A testator gave his free- holds, and leaseholds, stocks in the public funds, and all other his real and personal estate to trustees upon trust to pay the rents, issues, and profits of his freehold and leasehold estates and the dividends, interest, and proceeds of his money in the funds, and other his said personal estate to *A. for life, with remainders over, and a question arose as to r*g22"| the testator's leaseholds, and bank stock. The vice-chancellor L "^J held that the leaseholds were not to be specifically enjoyed, but must be sold; " Unless," he said, " the bequest is construed as a general bequest the consequence would be that if he had surrendered the leaseholds and taken renewals they would not have passed ;" but there seems to be some confusion here between a specific bequest and a direction for specific en- joyment.(^) Unquestionable, it was a general bequest in the sense that {z) Collins V. Collins, 2 M. & K. T03 ; see observations on this case in Vaughaa V. Buck, 1 Phill. 78 ; Lichfield v. Baker, 13 Beav. 447. (a) Pickering v. Pickering, 2 Beav. 31 ; 4 M. & C. 289 ; but the will was also of a very special character. {h) x\.lcock v. Sloper, 2 M. & K. 699. {c) Harvej^ v. Harvey, 5 Beav. 134. {d) Hinves v. Hinves, 3 Hare, 609. (e) Lord v. Godfrey, 4 xMad. 455. (/) 7 Sim. 501 ; see Oakes v. Strachey, 13 Sim. 414. {g) As to the distinction, see Pickering v. Pickering, 2 Beav. 57 ; 4 M. & C. 299. (338 LEAVIN ON THE LAW OF TRUSTS, ETC. the testator meant all the leaseholds he should have at the time of his death to pass, but consistently with this intention, he might declare, as the lesal construction apparently was, that all such leaseholds should be specifically enjoyed. It was rightly decided, that the bank stock should be sold, for it did not fall under the description of " public funds," and therefore, had not been specifically mentioned. There could have been no difficulty in holding, that under the same clause, part should be specifi- cally enjoyed and part be converted. (A) The rule of the court under which perishable property is converted does not proceed upon the assumption that the testator in fact intended his property to be sold, but is founded upon the circumstance that the testator has intended the perishable property to be enjoyed by different persons in succession, which can only be accomplished by means of a sale.(/) The object of the rule in truth is to secure a fair adjustment of the rights of the tenants for life and those coming after him. Upon similar grounds, therefore, where a residue which is without any express trust for conversion, bequeathed to persons in succession, consists of property which, though not wasting, is of a class producing a high rate of interest in proportion to its money value, and liable consequently to additional risk, such as railway shares, canal shares, shares of insurance or other companies, foreign bonds or stocks, &c., &c., the persons L ^^^J ^entitled in expectancy have a right to call for the conversion of such property into three per cent, stock. (^•) ir a testator direct that his personal estate shall be laid out in a pur- chase of lands, to be settled on A. for life, with remainders over, and that the interest of the personal estate shall he accumidated and laid out in a purchase of lands to be settled to the same uses, the court to prevent the hardship that would fall upon the tenants for life, if the purchases were protracted for a long period, either from unavoidable circumstances, or from the dilatoriness of the trustee, interprets the intention in such cases to be that the accumulation should be confined to one year from the testator's death. At the expiration of that period, the court presumes the trustees to be in a condition to invest the personal estate, and gives the tenant for life the interest from that time.(^) So if a testator devise his real estate to be sold and the produce thereof, and also the rents and profits of the said estate, in the meantime to he laid out in hanlc annuities or other securities, upon trust for A. for life, with remainders over, the accumulation of the rents is not extended beyond one year from the testator's death, but the tenant for life is entitled to them from that period. (m) {h) See Vaughan v. Buck, 1 Pbill. 75 ; Bethune v. Kenned}-, 1 M. & C. 114. {i) Cafe V. Bent, 5 Hare, 35. \k) Thornton v. Ellis, 15 Beav. 193 ; Blann v. Bell, 5 De Gex & Sm. 658 ; 2 De Gex, Mac. & Gor. 775. {I) Sitwell V. Bernard, 6 Ves. 520 ; andEntwistle v. Markland, Stuart v. Bruere, cited, lb. 528, 529 ; Griffith v. Morrison, cited 1 J. & W. 311 ; Tucker v. Boswell, 5 Beav. 607 ; Kilvington v. Gray, 2 S. & S. 396 ; Parry v. Warrington, 6 Mad. 155; Stair v. Macgill, 1 Bligh, N. S. 662. (m) Noel V. Lord Henley, 7 Price, 241 : Vickers v. Scott, 3 M. & K. 500 ; and see Vigor V. Harwood, 12 Sim. 172; Greisley v. Earl of Chesterfield, 13 Beav. 288 ; Beanland v. Halliwell, 1 C. P. Cooper, t. Cottenham, 169, note (a). MAXIMS OF EQUITY, ETC. 639 From the language used by Lord Eldon, iu the case of Sitweil v. Ber- nard, (^i) (in which the rule, that the accumulation where expressly directed, extends only to one year from the testator's death, was first established,) an impression prevailed that in no case was the tenant for life entitled to the produce of the land, or fund to be converted during the first year. Both Sir John Leach, (o) and Sir Thomas Plumer,(p) r^oi j-i ^sanctioned this doctrine by their authority. However, Lord l J Eldon had no intention of laying down any such rule,((/) and it has since been unquestionably settled that the tenant for life has an interest in the first year's produce,^?-) varying, however, according to the circumstances of the case, as will appear from the following distinctions. If a testator desire that his personal estate shall be laid out and invested in government or real securities, (s) or in a purchase of lauds, with a direction express(^) or implied(«) for the investment thereof in the mean- time in government or real securities, and that the lands to be purchased shall be in trust for A. for life, with remainders over ; the produce of the government and real securities of which the testator was possessed at the time of his death (these being the very investments contemplated by bis will,) belong /?'o»ft the time of the death to the tenant for life. If, during the first year, the conversion directed by the testator is actually made, the tenant for life is also entitled to the produce of the property, in its converted form, from the time of the conversion, as if land be directed to be sold, and the produce invested in government or real securities, (?;) or money is directed to be laid out on land,(i6-) the tenant for life is entitled to the dividends or interest in the first case, from the time of the sale and investment, and to the rents in the latter case from the time of the purchase, though iu the course of the first year. Where, at the death of the testator, the property is not in the state in which it is directed to be, the tenant for life is, before the conversion, entitled, as the court has now decided, not to the actual produce, but to a reasonable fruit of the property, from the death of the testator up to the time of the conversion, whether made in the course of the first year or ^subsequently, as if personal estate be directed to be laid out r^o-, --, in government or real securities, and part of the personal estate L J consists of bonds, bank stock, &c., (not being government or real securi- ties,) the tenant for life is entitled to the dividends on so much of 3 per cent, consolidated bank annuities as such part of the personal estate, not being government or real securities, would have purchased at the expira- tion of one year from the testator's death. (x) {n) 6 Ves. 520. (o) Stott v. Hollingworth, 3 Mad. IGl. Ip) Taylor v. Hibbert, 1 J. & W. 308. {q) See Angerstein v. Martin, T. & R. 238 ; Hewitt v. Morris, lb. 244. [r] Macpherson v. Macpherson, 16 Jur. 847. (s) Hewett v. Morris, T. & R. 241 ; La Terriere v. Bulmer, 2 Sim. 18. (f) Angerstein v. Martin, T. & R. 232. (w) Caldecott v. Caldecott, 1 Y. & C. Ch. Ca. 312, '737. (y) La Terriere v. Bulmer, 2 Sim. 18 ; Gibson v. Bott, 7 Yes. 89. [ic) See Angerstein v. Martin, T. & R. 240. [x) Dimes v. Scott, 4 Russ. 195. In Douglas v. Congreve, 1 Keen, 410 ; the .M. R. gave the tenant for life the interest of the personal estate making interest from the death of the testator; but iu the subsequent cases of Taylor v. Clark, 1 Hare, 640 LEWIN ON THE LAW OF TRUSTS, ETC. But of course, if it appear from the terms of the will that the testator intended to give his trustees a discretion as to the time of conversion, which discretion has been fairly exercised, and that the tenant for life was to have the actual income until conversion, the case must be governed by the testator's intention, and not by the general rule.(y) In Gibson v. BotUz) a testator directed his personal estate to be con- verted into government or real securities, and the title of some leaseholds being defective they could not be sold ; and Lord Eldon said, they must be considered as property which it was for the benefit of all parties to retain in specie, and decreed the tenant for life to have interest at 4 per cent, from the death of the testator on the value thereof at that time.(o) And so in another case Sir J. Parker, vice-chancellor, ob- served that when the property was so laid out as to be secure, and to produce a large annual income, but was not capable of immediate conver- sion, without loss and damage to the estate, there the rule was not to r*81fil ^o'^^^i't ^^^^ property but to set a *value upon it, and give to the L J tenant for life 4 per cent, on such value, and the residue of the income must then be invested, and the income of the investment paid to the tenant for life, but the corpus must be secured for the remainder- man. (Z*) If a testator direct his real estate to be sold, and the proceeds to be laid out and invested upon trust for A. for life, with remainders over, the tenant for life is entitled to the rents of the estate from the testator's decease ;(c) and so if the sale be directed on the death of a particular person, the tenant for life is entitled to the rents from the death of that person. (rZ) In connection with the subject of conversion, it will be proper to intro- duce a few remarks upon the doctrine of election ; for where land is to be converted into money, or money into land, the notional conversion will subsist only until some cestui que trust who is competent to elect, intimate his intention to take the property in its original character, (e) The court will not compel a conversion against the will of the absolute owner ; for should the conversion be made, he would immediately recon- vert it, and equity will do nothing in vain.(/) IGl ; and Morgan v. Morgan, 14 Beav. 72 ; the authority of Dimes v. Scott was followed. In Caldecott v. Caldecott, 1 Y. & C. Ch. Ca. 312, T37, the court gave the tenant for life the actual interest of the mortgages as being proper investments, and 4 per cent, interest on the personal estate not consisting of government or real securities, on the assumption, apparently, that the case fell within the principle of Gibson v. Bott. In Sutherland v. Cooke, 1 Coll. 503, under special circumstances, 4 per cent, on the value was also allowed. (?/) Mackie v. Mackie, 5 Hare, 70; Wrey v. Smith, 14 Sim. 202; Sparling v. Parker, 9 Beav. 524. (z) 7 Ves. 89. (a) Seethe decree from Reg. Lib. Caldecott v. Caldecott, 1 Y. & C. Cb. Ca. 320. (b) Meyer v. Simonsen, 5 De Gex & Sm. 726. (c) Casamajor v. Strode, cited Walker v. Shore, 19 Ves. 390; Hutcheon v. Mannington, 1 Ves. jun. 367, per Cur. (d) Fitzgerald v. Jervoise, 5 Mad. 25, of which the marginal note does not exactly accord with the report itself. (e) Harcourt V. Seymour, 2 Sim. N. S. 45; Cookson v. Reay, 5 Bear. 22; 12 CI. & Fin. 121 ; Dixon v. Gayfere, 17 Beav. 433. (/) Seeley v. Jago, 1 P. \V. 389. MAXIMS OF EQUITY, ETC. 641 Upon tliis subject we shall consider : — 1. What persons are capable of electing ; and, 2. In what manner the act of election may be manifested. 1. In respect of7?e>'so?ia/ incaj)acitij , an infant,^*/) lunatiCj^A) ov feme covert,(i\ has no power to make election. " But although," said Lord Hardwicke, " a feme covert cannot alter the nature of money to be laid out in land by contract or deed, yet if the money be invested in land (and ^sometimes sham purchases r^o^'j-i have been made for the purposejy/.-) she may then levy a fine of L J the land, and give it to her husband or anybody else. There is a way, also, of doing this without laying the money out in land, and that is, by coming into a court of equity, and consenting to take the money as personal estate ; for upon her being present in court, and being examined [as a feme covert upon a fine is,] her consent binds the money articled to be laid out in land as much as a fine at law would the land, and she may dispose of it to the husband or anybody else. And the reason of it is this — that at law, money so articled to be laid out in land is considered barely as money till an actual investment, and the equity of this court alone views it in the light of real estate ; and, therefore, this court can act upon its own creature, and do what a fine at common law can upon land."(^) And at a later date Lord Hardwicke's views were ratified by express decision. (m) Now by the 3 & 4 W. 4, c. 74, ss. 40, 71, 77,(») a married woman is enabled, with the concurrence of her husband and with the formalities requii-ed by the act, to dispose of any estate at law or in equity, or any interest, charge, lien, or incumbrance in or upon lands or money to be laid out in a purchase of lands, or to relinquish or release any power over the same, as if she were a feme sole, so that in the case of money liable to be laid out in land, a feme covert can, through the medium of the power of disposition conferred by the act, virtually elect to take the money. And the act enables a married woman not only to dispose of property which, though personal estate in fact, is real estate in equity (as money to be invested in land,) but also of property which is in equity personal estate, provided only it be an interest in land ; and this although accord- ing to the ordinary doctrines of the court the married woman would, by reason of her interest being reversionary, have no such power of disposi- tion. Thus, where real estate is devised upon trust for sale in terms amounting to a conversion out and out, and *a married woman r*o-j^o-i takes a share of the proceeds, she can, under the statute, dispose L -" of her share, even though reversionary, as being an interest in land.(o) (g) Carr v. Ellison, 2 B. C. G. 56 ; Earlom v. Saunders, Arab. 241 ; Tliorntoa T. Hawlev, 10 Ves. 129 ; Van v. Barnett, 19 Ves. 102 ; Seeley v. Jago, 1 P. W. 389 ; Padbury v. Clark, 2 Mac. & Gor. 298 ; and see Ashby v. Palmer, 1 Mer. 301. (A) Ashhy v. Palmer, 1 Mer. 296. (t) Oldham y. Hughes, 2 Atk. 452 ; Frank v. Frank, 3 M. & C. IVI ; Re Fosard's Trust, 1 Kay & Johns. 233. (k) See Henley v. Webb, 5 Mad. 407. (l) Oldham v. Hughes, 2 Atk. 453. (m) Blnford v. Bawden, 1 Ves. jun. 512. («) Extended to contingent interests by the 8 & 9 Vict. c. 106, s. 6. (o) Briggs V. Chamberlain, 11 Hare, 69 ; Tuer v. Turner, 20 Beav. 460. 642 LEWIN ON THE LAW OF TRUSTS, ETC. And it is conceived, that the same principle must apply to the case of a reversionary money legacy raisable out of land, notwithstanding the doubts entertained by Lord Justice (then vice-chancellor) Knight Bruce, in the case of Hobby v. Collins. (p) It has been held that a remainderman may elect so as to bind the rio-hts '< inter se" of his heir and personal representative, notwithstanding th°e subsistence of the prior estate. Thus, in Lingen v. Sowray,((/) A., on his marriage, agreed to add 700?. to the lady's portion of 700/., and the securities for both sums were assigned to trustees, and the money was directed to be laid out in lands to be settled to the use of the husband for life, remainder to the wife for life, remainder to the first and other sons in tail, remainder to the right heirs of the husband. There was no issue of the marriage, and 250/. of the trust-money was called in by the direction of the husband, and placed out upon other securities, and a trust declared, not for the husband and his heirs, but for the husband and his executors and administrators. The husband afterwards died, having devised part of his real estate to his wife, and the residue to J. S., and having bequeathed his personal estate and all his securities for money to his wife. It was debated whether the 250/. ought, as to the operation of the husband's will, to be regarded in the light of realty or personalty. Lord Harcourt said, '< as to the 250/. which was called in by the testator, and afterwards placed out on securities on a different trust, that shall be taken to be personal estate, forasmuch as, there being no issue of the marriage, it was in the power of the husband to alter and dispose of it as against the heir-at-law, though not as against his wife." But the remainderman can, of course, only elect subject to the right of r*81Q1 *^^ owner of the prior estate to call for the actual conversion *of L J the land or money in accordance with the instrument of trust ^(r) and it is conceived that, should this right be insisted on, the conversion '^de facto" would render the intended election ineffectual. Where an estate is directed to be sold, the proceeds to be divided amongst several persons, no one singly has a right to elect that his own undivided share shall not be disposed of,(.s) for the other undivided shares will not sell so beneficially in proportion as if the estate were en- tire ■,(t) but if money be directed to be laid out in lands to be settled on A., B., and C, as tenants in common, any one of them may elect to take his own third as money, for two-thirds may be invested just as advanta- geously as the whole sum.(«<) Sound principle would require that a tenant in tail of lands to be purchased should not be allowed to elect, because the interests of the (p) 4 De Gex & Sm. 289 ; and see observations of Lord St. Leonards in his essay on the real property Statutes, 240. (q) 1 P. W. 172 ; and see Stead v. Newdigate, 2 Jler. 531 ; Gillies v. Longlands, 4 De Gex & Sm. 379. (r) Gillies v. Longlands, 4 De Gex & Sm. 379 ; Ex parte Stewart, 1 Sm. & Gif. 32. (s) HoUoway v. Radcliffe, 3 Jur. N. S. 198 ; Fletcher v. Ashburner, 1 B. C. C. 500, per Sir T. Sewell ; Deeth v. Hale, 2 Moll. 317 : and see Smith v. Claxton, 4 Mad. 494. (0 Chalmer v. Bradley, 1 J. & W. 59 ; and see Trower v. Knightley, 6 Mad. 134. (m) Seeley v. Jago, 1 P. W. 389; Walker v. Denne, 2 Yes. jun. 182, per Lord Loughborough. I MAXIMS OF EQUITY, ETC. 643 issue and tlie remainderman, wlio botli take by title paramount, would otherwise be prejudiced. But the old rule appears to have been, that tenant in tail might in every case have elected, and on filing a bill would have been entitled to the money ;(y) and the principle upon which the practice was grounded was said to be, that equity will do nothing in vain, and it were nugatory to direct an actual purchase and settlement when the tenant in tail the next moment might dispose of the fee sim- ple. Lord Cowper, however, in the case of Colwal v. Shadwell,(!6') took the distinction, that where the remainder in fee was not vested in the tenant in tail himself, but was limited over to a stranger, there, as the absolute fee could only be acquired by a recovery^ which was a thing of time, and could not be suffered in vacation, the remainderman should not lose his chance 3 and as in that case the tenant in tail did actually die before the recovery was suffered, it showed *the remainder- „^-,„^ man's interest in so glaring a light, that it established the pre- L "^ J cedent ever afterwards. (a-) But even then the money would have been decreed to the tenant in tail, provided the remainderman waived his right and consented to the payment. (^) In Eyre's case(2) Lord Chancellor King was for extending the same protection to the is&ue. " I cannot see," he said, " why I should not have the like regard to the iss^le in tail as for the remainderman. It is possible the tenant in tail, before he can light on a purchase and settle it, may die, leaving issue, and this is a chance of which I would not deprive such issue." And in Speaker Onslow's Case, (a) he declared his adherence to the same opinion, observing, that " the levying of a fine also was a thing of time, there being several olfices to pass, and the writ of covenant to be under the great seal." But the rule which had been uniformly acted upon before his time(i) appears, notwithstanding his lordship's authority, to have been revived by his successors. (c) And the election of the tenant in tail need not necessarily have been made in a suit, but might have been expressed by act in pais, as if tenant in tail with remainder to himself had received the money of the trustee, or if tenant in tail with remainder to a stranger had received it of the trustee with the consent of the remainderman. Upon this subject Lord Hardwicke observed, "■ The court jjur sues the rights of parties, and whatever a court of common law does by a judgment, or chancery by a decree, is in affirmance of those rights, and does not give them a right which they had not before. (r?) Why does the court decree the money? Because the parties are entitled *to it. There is, therefore, no r^op-i-i occasion for a decree of the court to destroy the real quality of the L "^ J (y) Cunningham v. Moody, 1 Ves. IVG, per Lord Hardwicke. (w) Cited Chaplin v. Horner, 1 P. W. 485. [x) See Cunningham v. Moody, 1 Ves. 17G ; Talbot v. Whitfield, Bunb. 204. {y) See Trafford v. Boehm, 3 Atk. 440. (z) 3 P. W. 13. (rt) 3 P. W. 14, note (G). {b) Benson v. Benson, 1 P. W. 130 ; Short v. Wood, lb. 470 ; Edwards v. Coun- tess of Warwick, 2 P. W. 173, admitted. (c) Trafford v. Boehm, 3 Atk. 447, per Lord Hardwicke ; Cunningham v. Moody, 1 Ves. 176, per eundem ; Holdernesse v. Carmarthen, 1 B. C. C. 382, per Lord Thurlow ; and see the preamble of the 39 & 40 G. 3, c. 56. {d) And see Earl of Bath v. Earl of Bradford, 2 Ves. 590. 644 LEWIN ON THE LAW OF TRUSTS, ETC. money, unless there be an incapacity of the person, as in the case of a feme covert, who must first be examined."(e) Lord Thurlow, indeed, once said, " If the fund be outstanding in trustees, and it be necessary to come hither in order to obtain it, the money, when obtained, will be personal property; and so it would also, if the trustees pay it without suit. That is, supposing the estate, when purchased, would be a fee simple, for it icouhihe otherwise in case of its heinrj an estate taiU'[f) But the concluding remark must have been intended (as Mr. Serjeant Hill, in a note on the passage, has observed)(f7) to apply, not to every tenant in tail, as, not to tenant in tail with re- mainder to himself in fee, but only to tenant in tail with remainder to a stranger ; for in a subsequent case, where the tenant in tail had execut- ed an assignment of two sums of money directed to be laid out in lands, his lordship said, "As to the 500/. the assignor was tenant in tail, re- mainder to a stranger, remainder to himself in fee ; as to the 1000/. he was tenant in tail, with remainder in fee to himself I am clear, that in regard to the 1000/. he had the absolute dominion over it, having the immediate remainder in fee; but as to the 500/. I am equally clear the other way, because of the intermediate remainder. "(A) By the 39 & 40 Gr. 3, c. 56,(i) the inability of the tenant in tail (with remainders over,) of money to be laid out in the purchase of land to ob- tain possession of the money, except through the medium of a fictitious purchase,(/i) was removed. And the court was empowered on the petition of the first tenant in tail of such money-land, and of the parties (if any) having antecedent estates therein (with a provision for the separate exami- nation of married women,) to order the money to be paid to the petition- r*899l ^^^ ^^ ^^ ^^^y should appoint. (/) So *that a kind of statutory L ""^J power of election was thus conferred on tenants in tail. Now, by the Fines and Recoveries Act, (?n) a tenant in tail may, with the consent of the protector, if any, dispose absolutely of the lands en- tailed at any time, whether in term or vacation, and by the 71st section of the statute(n) it is enacted, that '< money to be invested in the pur- chase of lands to be settled so that any person, if the lands were pur- chased, would have an estate tail therein, shall be treated as the lands to be purchased, and the previous clauses of the act shall apply to such money, as if it were directed to be laid out in the purchase oi freehold lands, and such lands were actually purchased and settled," Upon the consideration of the late enactments, a doubt suggests itself whether, even at the present day, a tenant in tail may not elect to take in its original character money which is liable to be laid out in the pur- chase of lands, and declare such election either by the institution of a (e) Trafford v. Boehm, 3 Atk. 448 ; but see Pearson v. Lane, 17 Yes. 106. ' (/) Pulteney v. Darlington, 1 B. C. C. 2.36. {g) lb. note (a), Lord Henley's edit, (/t) Holdernesse v. Carmarthen, 1 B. C. C. 382. (0 Extended by 7 G. 4, c. 45. {k) See Henley v. Webb, 5 Mad. 407. [1) See 5 Ves. 12, note (8) as to the qualification introduced by the court in making orders for payment under this act. (m) 3 & 4 W. 4, c.*'74. («) The preceding section repeals the 39 & 40 G. 3, c. 56, and 7 G. 4, c. 45. MAXIMS OF EQUITY, ETC. 645 suit or by act in pais. It is true that under the 71st clause of the late act the tenant in tail may at any time defeat his issue and the remainder- men by a deed executed with the proper formalities ; but what is there to prevent him from exercising a power founded upon principles indepen- dent of the statute, and so acquiring the fee simple by the mere act of election ? It may be said that the old rule, which made election a bar to the issue, might have been grounded on this — that, because no fine or recovery could have been levied or suffered of money,(o) the court, on that account, held election to have the effect of a bar, lest the tenant in tail should lose the power, which the law intended him, of defeating the settlement; but that, since by the Fines and Recoveries Acta tenant in tail of money may bar his issue and the remainderman by*the r^ooo-i same formalities as if the lands were actually purchased and set- L ^ -1 tied, the same indulgence ought not now to be shown. But to this it may be answered, that the tenant in tail was allowed to elect, not because the tenant in tail of money had a right to exercise the same powers of ownership as a tenant in tail of lands, but for the purpose of avoiding circuity. Had the former been the principle, the tenant in tail might equally have barred the remainderman as the issue ; but for the destruc- tion of remainders an actual settlement was necessary, and a sham pur- chase was often resorted to for the purpose. (p) It is, however, clear, that no person being tenant in tail of money to belaid out on land could at the present day be advised, if he would acquire the absolute interest, to dispense with the formalities prescribed by the Fines and Recoveries Act. 2. The act of election either may be presumed by the court, or may be expressly declared. The presumption may arise from slight circumstances of conduct. (5) Thus it will be sufficient, where land is to be converted into money, if the cestui que trust enter into possession and take the title-deeds into his own custody, for the trustees cannot recover the deeds from the cestui que trust, and they cannot sell without them,(r) or if the cestui que trust merely keep the estate for a length of time unsold(s) (but in one case a period of two years was considered not to be a sufficient indication of such an intention, )(^) or, where money is to be turned into land, if the cestui que trust receive the money from the trustee ;(») but not if he merely receive the annual income though for a considerable length of time.(y) (0) See Benson v. Benson, 1 P. W. 130 ; Edwards v. Countess of Warwick, 2 P. W. IT-i ; Maynwaring v. Jlaynwaring, 3 Atk. 413. (p) See V. Marsh, cited Cliaplin v. Horner, 1 P. W. 485, note(t) ; Mayn- waring V. Maynwaring, 3 Atk. 413 ; Henley v. Webb, 5 Mad. 407. [q) See Pulteney v. Darlington, 1 B. C. C. 238 ; Van v. Barnett, 19 Ves. 109; Bradish v. Gee, Arab. 229 ; Dixon v. Gayfere, 17 Beav. 433. (r) Daviesv. Ashford, 15 Sim. 42 ; and see Padbury v. Clark, 2 Mac. & Gor. 298. (5) See Ashby v. Palmer, 1 Mer. 301 ; Dixon v. Gayfere, 17 Beav. 433 ; Gnes- bach V. Fremantle, 17 Beav. 314. (t) Kirkman v. Miles, 13 Ves. 338 ; Cookson v. Cookson, 12 CI. & Fin. 121 ; but see Crabtree v. Bramble, 3 Atk. G88 ; Inwood v. Twyue, 2 Ed. 148. (?/.) Pulteney v. Lord Darlington, 1 B. C. C. 238, per Lord Thurlow ; Trafford V. Boehm, 3 Atk. 440 ; and see Rook v. Worth, 1 Ves. 461. (v) Gillies v. Longlands, 4 De Gex & Sm. 372. 646 LEWIN ON THE LAW OF TRUSTS, ETC. *It was determined by Lord Harcourt that a cestui que trust [*824] j^^^ divested money of its real quality by causing the securities to be chano-ed, and the trust to be declared to himself and his executors ; for this, he observed, was tantamount to saying the money should not go to the heir -Aw) and vice versa, where land was to be converted into money, it was held by Lord Hardwicke, that a lease by the cestui que trust reserving a rent to her heirs and assigns, was evidence of an inten- tion to continue the property as real estate. (x) To constitute an act of election it is not necessary that the person entitled, as for instance, to money to be laid out on land, should know that but for the act of election it would pass as land, but it is suflSicient if the court can collect the intention that with or without such knowledge he meant the money to be dealt with and treated as money.(^) A person may express his election, even by parol. This, at least, was the opinion of Lord Macclesfield, (z) and apparently was actually decided in the case of Chaloner v. 13utcher,(a) in which, the husband having declared the money should not be laid out in land, the court held, that, if the question concerned the right of a third person, the declarations of the husband ought not to be admitted ; but, as it was between his per- sonal and real representative, they should be read. And both Lord Thurlow,(&) and Lord Eldon,fc) seem to have lent their sanction to the same doctrine, so that an ohiter dictiim of Lord Hardwicke to the con- trary, (fZ) though supported by so illustrious a name, must be considered as overruled. Where money bore the notional impress of realty, the testator might have bequeathed it as so much money to be laid out in land, and the r*S9^n ^"^^^^7 would have passed, though the will was not attested *ac- L "^ -I cording to the Statute of Frauds ;(e) the will operated first by way of election, and then by way of bequest. Now by the late Wills Act(/) the same formalities are required for the testamentary disposition of both real and personal estate. SECTION IL THE ACT OF THE TRUSTEE SHALL NOT ALTER THE CESTUl'S QUE TRUST ESTATE. At latv the trustee is the absolute proprietor of the land or fund, and (w) Lingen v. Sowray, 1 P. W. 172 ; and see Cookson v. Cooksoa, 12 CI. & Fin. 121 ; Harcourt v. Seymour, 2 Sim. N. S. 12. (x) Crabtree v. Bramble, 3 Atk. 680, see 688, 689 ; and see Griesbach v. Fre- mantle, 17 Beav. 314. (y) Harcourt v. Seymour, 2 Sim. N. S. 12, see p. 46. (z) Edwards v. Countess of Warwick, 2 P. W. 174. (a) Cited Crabtree v. Bramble, 3 Atk. 685. ^ (b) Pulteney v. Darlington, 1 B. C. C. 237. (c) Wheldale v. Partridge, 8 Ves. 236. (d) Bradish v. Gee, Amb. 229. (e) See the cases cited, Lechmere v. Earl of Carlisle, 3 P. ^Y. 221, note (C) ; and see Pulteney v. Darlington, 1 B. C. C. 235, 236. (/) 7 W. 4, and 1 Yict. c. 26. MAXIMS OF EQUITY, ETC. 647 therefore may exercise any control or dominion over it — may convert realty into personalty, or personalty into realty ; but equity, which regards a trustee as a mere instrument for the execution of the trust, will not permit the interest of the cestui que trust to be affected by any act of misconduct, but, as often as any wrongful conversion is made, will transfer to the new interest the quality and character of the old — will treat real estate as personal, and personal as real, as the circumstances of the case may require. But of course where a power (as a power of sale) is given to a trustee, the mere circumstance that the exercise of it may vary the rights of the cestuis que trust will not be allowed to fetter the free action of the trustee. (/) Where the cestui que trust is sui j\iris, every change in the nature of the property made without the authority of the beneficial owner, must in general be considered a misfeasance ; but with respect to lunacy and infancy it is necessary that some distinctions should be taken. It has been laid down as the general rule in lunacy, that the court will not alter the condition of the lunatic's property to the prejudice of his successors ; but the maxim must be received with the qualification, except it he for the benefit of the lunatic himself. (^g) The chancellor takes the advice and assistance of the presumptive next of kin and presumptive heir-at-law in the care and management of the property ;(/t) but through all the cases runs this prevailing principle — that *the object of r^onn-j attention is exclusively and entirely the interest of the lunatic, L J without any regard to those who may have eventual rights of succes- sion. (*) " Nothing," said Lord Loughborough, " would be more dangerous or mischievous than for the court to consider how it would affect the repre- sentatives : there would always be among them an emulation of each other, and their speculations, if the administrator were to engage in them, would mislead his attention, and confine his observation as to the interest of the only person he is bound to protect ; there would be a continued running account between the personal and real estates ; the chancellor would be perpetually looking to the right or left, and the interest of the lunatic would be committed in favour of those who have no immediate interest, and whose contingent interests are left to the ordinary course of events."(^-) Upon this principle, where a lunatic was seised ex parte paternd of estate A., and ex parte maternd of estate B., and the latter was subject to a mortgage, the money arising from a fall of timber upon A. was directed to be applied in discharge of the mortgage upon B. ; and upon a question between the respective heirs it was held, that the representa- (/) Lantsbery v. Collier, 2 Kay & Johns, 709. (ff) Ex parte Grimstone, cited Oxenden v. Lord Compton, 4 B. C. C. 235, note, per Lord Apsley. (h) Ex parte Phillips, 19 Ves. 123, per Lord Eldon. (ij Oxenden v. Lord Compton, 2 Ves. jun. 72 ; and S. C. 4 B. C. C. 233, per Lord Thurlow ; and see Ex parte Bromfield, 1 Ves. jun. 4G2 ; Ex parte Grimstone, Amb. 708 ; S. C. cited 2 Ves. jun. 75, note (x), and 4 B. G. G. 235, note ; Ex parte Phillips, 19 Ves. 123 ; Dormers case, 2 P. W. 2G5 ; Ex parte Chumley, 1 Ves. jun. 297 ; Ex parte Baker, 6 Ves. 8. (k) Oxenden v. Lord Compton, 2 Ves. jun. 72, 73 ; S. C. 4 B. C. C. 233, 234. (548 LEWIN ON THE LAW OF TRUSTS, ETC. tive who succeeded to A. was not entitled to any recompense from the representative who inherited B.(Z) So, if the lunatic be considerably indebted, and it appears his main- tenance would be better provided for, and his advantage promoted, by the sale of a real estate inconvenient and ill-conditioned, instead of exhausting the personalty, the court, on a proper representation of the case, would have no difficulty in making an order to that eiFect.(m) So, timber which ought to be cut on a lunatic's estate may be felled r*Q97n by the direction of the court, and the proceeds may *either be L ' ^" ' J applied to the redemption of the land-tax, or payment of debts, (») or any other purpose which the true interest of the lunatic may require; or if not wanted for any particular purpose, will go to the next of kin as personalty, and not to the heir as part of the realty. (o) Where the lands of the lunatic are in mortgage, and that whether they have descended to him subject to the charge,(p) or the debt is the luna- tic's own, (5) the chancellor, not ex necessitate, but feeling it to be pru- dent when the personal estate can afford to disincumber the real estate,(>-) will order the requisite sum to be applied ; and the next of kin after the lunatic's decease will have no lien upon the real estate for the amount expended. So, if it be necessary for the interest of the real estate to bring an action of trespass, resort may be had to the lunatic's personal fund.(.s) And by the same rule the money of the lunatic may be laid out in improvements -Jt) but here the chancellor must act tanquam honus pater- familias, taking every opportunity of ameliorating the estate by fair and ordinary means, such as draining, inclosures, &c.,(it) erecting a fire- engine for the purpose of working a coal-mine, (v) but must not engage in risks and dangerous adventures. (ic) And of course the personalty may be drawn upon for necessary expenses, as repairs,(a') fines for re- (/) Ex parte Phillip?, 19 Ves. 123, per Lord Eldon. (m) Ex parte Phillips, 19 Ves. 124, per Lord Eldon. (n) Ex parte Phillips, 19 Ves. 119; Bevan's case, cited Ex parte Bromficld, 1 Ves. jun. 455, 457. (0) Ex parte Bromfield, 1 Ves. jun. 453; S. C. 3 B. C. C. 510; Oxenden v. Compton, 2 Ves. jun. 69; S- C. 4 B. C. C. 231 ; Shelly's case, cited 1 Ves. jun. 437 ; Ex parte Phillips, 19 Ves. 124, per Lord Eldon. The dictum in Marquis of Anandale v. Marchioness of Anandale, 2 Ves. 384, must be considered as over- ruled. {p) Dennis v. Badd, cited Winchelsea v. Norcliffe, 1 Vern. 436 ; but see Weld V. Tew, Beat. 266. {q) Ex parte Grimstone, Amb. 706 ; S. C. cited Oxenden v. Lord Compton, 4 B. C. C. 234 ; Dormer's case, 2 P. W. 262. {r) Oxenden v. Lord Compton, 2 Ves. jun. 74, per Lord Thurlow. («) Oxenden v. Lord Compton, 2 Ves. jun. 72, per Lord Loughborough. (0 Sergeson v. Sealev, 2 Atk. 414, per Lord Hardwicke ; Dormer's case, 2 P. W. 262. (m) See Justice De Grey's argument in Ex parte Grimstone, cited Oxenden v. Lord Compton, 2 Ves. jun. 75, note. {v) Oxenden v. Lord Compton, 2 Ves. jun. 73. (w) Oxenden v. Lord Compton, 2 Ves. jun. 73, per Lord Loughborough. {x) Sergeson v. Sealey, 2 Atk. 414, per Lord Hardwicke ; Ex parte Grimstone, Amb. 708 ; S. C. cited Oxenden v. Lord Compton, 4 B. C. C. 237, note, per Lord Apsley ; 2 Ves. jun. 72, per Lord Loughborough ; Newport's case, cited, lb. ; la re Badcock, 4 M. & Cr. 440. But it was said in this case, that " if the money were MAXIMS OF EQUITY, ETC. 649 newals *of leases, or admissions to copyliolcls.(j/) But where tlie pgpg-i committees of a lunatic, who were entitled to the estate themselves L "'''J after his death, laid out a sum in purchasing timber for repairs, when they ought to have cut timber on the estate. Lord Hardwicke said, that, having done so merely to serve their own interest, they should make good the disbursement to the lunatic's next of kin. (z) In the preceding cases the conversion has been for the clear benefit of the lunatic, but in general the court will not lightly change the condition of the property, but will only act on pressing and urgent occasions :(a) it will interfere with great caution, and do nothing that is unnecessary or uncalled for. (?y) The court will not huy and sell tor the lunatic ;(c) and, therefore, if the committee of the lunatic wantonly, and of his own head, lay out money upon land, or turn land into money, the court will not suffer such fraudulent mangament to affect the rights of the repre- sentatives,(f7) but will transfer to the heir what ought to have remained real estate, and to the next of kin what ought to have remained personal estate. (e^ However, if timber be cut down, not by a committee in breach of his duty, but by a stranger tortiously, then, as there is no abuse of confidence, the heir has no equity, and *the property of the tim- r:i.g29-| ber, like a windfall, will belong to the executor. (/) L "" J Next, as to infants. In Ex parte Bromfield, Lord Thurlow, without having examined the authorities, said he could not distinguish between lunatics and infants •,{g) but, when the cause came on again, and he had maturely considered the subject, he never once hinted at the existence of such a doctrine ;(/<) and, indeed, until the late Wills Act, there was a very broad distinction between the two cases; for, if a lunatic recovered, which in contempla- tion of law is always possible, he had precisely the same power of dispo- sition, though by different modes, over one species of property as over the other ;(t) but an infant, while he could have bequeathed personal estate under the age of twenty-one, could not have devised a freehold laid out in a purchase of land, or, what was the same thing, in building a farm- house, it would be right that the sum so laid out should retain its character of personalty. [y) Justice De Grey's argument in Ex parte Grimstone, supra ; but see Degg's case, cited Oxenden v. Lord Compton, 4 B. C. C. 235, note. (z) Ex parte LudloTV, 2 Atk, 407. (ff) Ex parte Bromfield, 1 A^es. jun. 463, and 3 B. C. C. 515, per Lord Thurlow. {b) Oxenden v. Lord Compton, 2 Ves. jun. 76, and 4 B. C. C. 238, per Lord Loughborough. (c) Oxenden v. Lord Compton, 2 Ves. jun. 73, per Lord Loughborough; Ex parte Grimstone, cited in Oxenden v. Lord Compton, 4 B. C. C. 235, note, per Lord Apslev; Sergeson v. Sealey, 2 Atk. 414, per Lord Hardwicke. {d) See Ex parte Bromfield, 1 Ves. jun. 462. [e) Anoa. case, 2 Freem. 114; Awdley v. Awdley, 2 Vern. 192; Marquis of Anandale v. Marchioness of Anandale, 2 Ves. 384, per Lord Hardwicke ; and see In re Badcock, 4 M. & Cr. 440. (/) Anon, case, cited Ex parte Bromfield, 1 Ves. jun. 462, and 3 B. C. C. 515, per Lord Thurlow. {g) 1 Ves. jun. 461 ; S. C. 3 B. C. C. 515. {h) Oxenden v. Lord Compton, 2 Ves. jun. 69 ; S. C. 4 B. C. C. 231. (i) See Ex parte Phillips, 19 Ves. 123. April, 1858.— 42 650 LEW IN ON THE LAW OF TRUSTS, ETC. until he had attained that age.(A-) The court, therefore, would not allow an infant's estate to be converted from one species of property into ano- ther, not from any tenderness to the rights of the representatives, but from a regard to the circumstances and capacity of the infant himself. Should his money have been turned into land, he would have lost a power of disposition which the law permitted him to exercise : should land have been turned into money, he would indirectly have gained a power which the policy of the law had forbidden him.(?) Upon the same principle, had timber been cut an an infant's estate, the proceeds, and, it seems, the accumulation of the proceeds,(m) would „-, have continued part of the realty, and have ^descended to the L J heir.(?i) But a distinction was taken in Mason v. 3Iason,(o) (and Sir Thomas Clarke said he allowed it,)(p) between the case of an infant tenant in fee and an infant tenant in tail : that in the former case the proceeds of the timber should be taken as realty, inasmuch as the infant was thus at all events absolutely entitled ; but in the latter case, as the proceeds might, if impressed with the character of realty, become vested in the remainderman, the court would treat the fund as personalty, and give it to the infant's executors. Again, if an infant's money had been applied to pay off a charge, or redeem a mortgage affecting his real estate, it seems the better opinion (though some old authorities are against it,) that the sum so invested would still have been looked upon as part of the personalty. (5-) But necessary expenses, though affecting the infant's lands, were allowed to be thrown upon the personal fund, as disbursements for re- pairs, (r) for keeping up a house, &c.(s) So in Vernon v. Vernon, (;) where an estate was devised to an infant in consideration of his paying the sum which the original purchase had cost, it was held, that the amount, being a necessary outlay, had proper- ly fallen upon the personalty, and the next of kin were not entitled to compensation. {k) See Earl of Winchelsea v. NorcliflFe, 1 Vern. 437, in which case the distinc- tion appears first to have been noticed. [I) Ware V. Polhill, 11 Ves. 278, and Ex parte Phillips, 19 Ves. 122, per Lord Eldon; Ashburton v. Ashburton, 6 Ves. 6; Sergeson v. Sealey, 2 Atk. 413, and Rook V. Worth, 1 Ves. 461, per Lord Hardwicke : Witter v. Witter, 3 P. W. 99; but see Earl of Winchelsea v. Norcliffe, 1 Vern. 4i35 ; Inwood v. Twyne, 2 Ed. 152 ; Ex parte Bromfield, 1 Ves. jun. 461. (to) See Ex parte Bromfield, 1 Ves. .jun. 454. (II) Tullet V. TuUet, 1 Dick. 322 ; S. C. Amb. 370 ; Mason v. Mason, cited lb. 371 ; Ex parte Phillips, 19 Ves. 124, per Lord Eldon; and see Rook v. Worth, 1 Ves. 461 ; but see Ex parte Bromfield, 3 B. C. C. 516. (0) Ubi supra. {p) Tullet v. Tullet, Amb. 371. {q) Ex parte Bromfield, 3 B. C. C. 516, per Lord Thurlow ; Tullet v. Tullet, 1 Dick. 323, per Sir T. Clarke ; Seys v. Price, 9 Mod. 220, per Lord Hardwicke ; Dowling V. Bcllon, 1 Flan. & Keller, 462; but see 2 Freem. 114, c. 126 ; Ex parte Grimstone, Amb. 708 : Palmes v." Danby, Pr. Ch. 137 ; Zoach v. Lloyd, cited Awdley v. Awdley, 2 Vern. 192 ; as to Dennis v. Badd, cited lb. 193, see Earl of Winchelsea v. Norcliffe, 1 Vern. 436. (r) Ex parte Grimstone, cited Oxenden v. Lord Compton, 4 B. C. C. 235, note, per Lord Apsley. (*) Ex parte Grimstone, Amb. 708, ^er eundem. {t] Cited in Ex parte Bromfield, 1 Ves. jun. 456. STATUTORY ENACTMENTS, ETC. 651 There were some cases to which the reason for preserving the original character of the property did not apply. Thus, if *an infant r=,:<^3-^-| was seised of a lease for lives ex parte mateniCi, and the guardian L J took a new lease to the infant and his heirs, the substituted lease would not descend in the maternal line, but, as a new acquisition, would go to the heirs on the part of the father ;(w) but it being perfectly immaterial to the infant himself whether the seisin was in the paternal or maternal line, the representative ex parte maternd had no equity against the representative ex parte jmfernd. Now, by the late Wills Act(w) an infant has no greater testamentary power over personal than over real estate, and it would seem, therefore, that in all cases the principles which have been stated with reference to lunatics must henceforth be regarded as applicable equally to infants. *CHAPTER XXVIII. [*832] OF STATUTORY ENACTMENTS FOR REMEDYING THE INCONVENIENCES ARISING FROM THE DISABILITY OF THE TRUSTEE AND OTHER DE- FECTS CONNECTED WITH THE STATE OF THE TRUSTEESHIP. It frequently happens that the cestui que trust is in equity entitled to call for a conveyance, but from the disability of the trustee, or some other accidental circumstance, the object of the party cannot by the ordinary course of law be carried into effect. To obviate the prejudice to which in these cases the interest of the cestui que trust might be liable, the leo-islature has from time to time interposed its aid by remedial statutes. The first act of the kind was the 7 Anne, c. 19, which provided for the case of infancy in respect of lands. It was thereby declared that « it should be lawful for infants having estates in lands only in trust for others, or by way of mortgage, by the direction of the Court of Chancery or Exchequer, by order made on the petition of the cestui que trust, mortgagor, or other person interested, to convey the said lands as the Court of Chancery or Exchequer should direct." This statute was held to extend neither to constructive trusts,(a) (except, perhaps, after a decree had established the right,)(Z*) nor to cases where the infant himself possessed an interest,(r') nor where any personal (m) Mason v. Day, Pr. Cb. 319 ; Pierson v. Shore, 1 Atk. 480. (v) 1 W. 4, and 1 V. c. 26. (a) Goodwyn v. Lister, 3 P. W. 387 : Anon, case, cited lb. 389, note (A) ; Jer- don V. Foster, cited Sanders on Uses, 356, 4tb Edit. ; Sikes v. Lister, 5 Vin. Ab.» 541 ; In re Janaway, 7 Price, 679 ; but see Ex parte Vernon, 2 P. W. 549 ; Smith V. Hibbard, 2 Dick. 730. (6) Price v. Oneby, cited Fearne's P. W. 239 ; Hawkins v. Obeen, 2 Ves. 559. (c) Hawkins v. Obeen, ubi supra; Ex parte Sergison, 4 Ves. 147; Ex parte Tutin, 3 V. & B. 149; v. Handcock, 17 Ves. 384, per Lord Eldon ; and see Ex parte Bellamy, 2 Cox, 422 ; Ex parte Carter, 2 Dick. 609. fj52 LEWIN ON THE LAW OF TRUSTS, ETC. duty was imposed upon the *trustee,((Z) though all the cesfins [*833] ^^^^ ^^^^^^ j^jgj^j. i^g billing to concur. (e) The act directing the application to be made \)-^ lietition, the court considered such an interlo- cutory method to indicate an intention of remedying only the i^lainest cases of trust. The next statute was the 4 Geo. 2, c. 10, which provided for the disa- bility of lunacy in respect of lands. It was thereby enacted that << it should be lawful for idiots, lunatics, and persons non compos having estates in lands only in trust for others, or by way of mortgage, or for their committees, by the direction of the lord chancellor on petition to convey the lands whereof such idiots, lunatics, or persons non compos should be seised or possessed on trust or by way of mortgage, as the lord chancellor should direct." This statute, as it followed the language, so it received the interpreta-* tion of the statute of Anne : and it was held not to apply to constrnctive trusts, or to cases where the trustee was concerned in interest, or had any duty to perform. (/) Nor did the act extend to a lunatic who had not been expressly found such by inquisition. (^) Hitherto the remedial enactments had reference to lands only but by the 36 Geo. 3, c. 90, the legislature provided for similar inconveniences in respect of stock. The statute declared, that <' when trustees of stock or the personal representatives of such persons deceased should be out of the jurisdiction or not amenable to the process of the court, or should be hanJcrupts or lunatics, or should refuse to transfer the stock, or L -I *it should be uncertain or unhnown whether they were living or dead,(h) it should be lawful for the Court of Chancery or Exchequer in any cause depcndinp; to direct or order a transfer of such stock." This statute also was held not to apply to lunatics who had not been found such by inquisition ;(t) a defect which, however, was afterwards remedied by 1 & 2 Geo. 4, c. 114. The enactments of the preceding statutes were all consolidated and amended by the 6 Geo. 4, c. 74, and provision was further made for the case of a trustee possessing an interest, or having a duty to perform ; but still the court had no jurisdiction where the trust was constructive,{1c) though it seems the bill originally contained such a clause, but Lord Redesdale objected to it strongly, and it was struck out.(?) {d) Ex parte Tutin, 3 V. & B. 149 ; Riggs v. Sykes, 1 Dick. 400. But in Attor- ney-General V. Porafret, 2 Cox, 221, Lord Alvanley held, that where new trustees were duly appointed, the circumstance of a duty to perform would not take the case out of the statute, for by the conveyance to the new trustees the duty as re- garded the old trustees would cease, and be laid upon others : but if there were no appointment of new trustees, then the statute would not apply. (e) Ex parte Chasteney, 1 Jac. 56. (/) Ex parte Currie, 1 J. & W. 642 ; Ex parte Tutin, 3 V. & B. 149. (g) Ex parte Gillam, 2 Ves. jun. 587 ; and see Ex parte Otto Lewis, 1 Ves. 298. (A) It is almost unnecessary to observe, that in the case of infancy no remedy was needed in respect of stock ; for if the executor of a trustee happened to be an in- fant, administration might have been granted to a stranger durante minoritate. (i) See Sylva v. Da Costa, 8 Ves. 316 ; Simms v. Naylor, 4 Ves. 360 ; West v. Ayles, 1 Turn. & Russ. 330. {k) King V. Turner, 2 Sim. 549; Dew v. Clarke, 4 Russ. 511; In re Moody, T:T.ml. 4. (;) Dew v. Clarke, 4 Russ. 514. STATUTORY ENACTMENTS, ETC. 653 This statute was afterwards repealed, and the provisions of it, with material alterations, additions, and improvements, were re-enacted by Lord St. Leonards' Act, the 11 G. 4, and 1 W. 4, c. 60. This last statute has also since been repealed, but as its enactments must still be referred to in the case of titles derived under it, the leading provisions together with the more important decisions upon them will be shortly stated. The third, fourth, and fifth sections related exclusively to lunatics, idiots, persons of unsound mind, and persons incapable of managing their affairs, (m) who were trustees(n) or mortgagees. By the third and fourth sections, the committee of the estate(o) of a lunatic, idiot, or no n com-pos, *might, by direction of the lord chancellor, [p) convey the lands(5) r*g35-| or transfer the stock ; and by the fifth section, where the lunatic L J had not been found such by inquisition, and so there was no committee, the lord chancellor might appoint a person to make the conveyance or transfer ; but not if any sum of money exceeding 700?. was payable to the lunatic. M The sixth section remedied the disability of infancy in respect of Ianch{s) vested in infants upon trust or by way of mortgage,(/) and ena- bled them to convey under the direction of the court, such conveyance to be as valid as if the infants were adult. (w) im) See In re Wakeford, 1 Jones & Lat. 2 ; In re Jones. 6 Jur. 545 ; Walker, 1 Cr. & Ph. 147. {n) A decree for sale having been made in a creditor's suit, the tenant for liie (a lunatic) was held bj' the effect of the decree to have become a trustee within the act; Re Milfield, 2 Phill. 254; 5 Hare, 538. And see Thomas v. Gwynne, 9 Beav. 275 ; and the cases referred to at note (e), p. 839. (o) Not an ad interim committee ; Re Poulton, 1 Mac. & Gor. 100. (|)) The lord chancellor having jurisdiction in respect of lunatics and idiots, not as presiding over a court of equity, but by virtue of an authority specially delegated to him by the crown ; a vice-chancellor could neither direct the refer- ence to the master in the first instance, nor make the final order ; In re Shorrocks, 1 M. & C. 31, overruling Anon, case, 5 Sim. 322 ; In re Mount, 12 L. J. N. S. Ch. ;)5. So, what had been found in another court, as the exchequer, could not be adopted by the lord chancellor, but a new reference must have been directed. In re Brideaux, 2 M. & C. G40. {q) Bengal government notes were lands as defined by the act ; Re Dyce Sombre, 1 Mac. & Gor. 101. (r) See Re Sandford, 2 Hall. & Tw. 137. (s) In the construction of former acts, it was held that lands in the colonies, Ex parte Fenniliteau, 2 Dick. 569 ; Ex parte Bosanquet, lb. 540 ; Ex parte Prosser, 2 B. C. C. 325 ; and in the territories of the East India Company ; Ex parte Anderson, 5 Ves. 240; and in Ireland, Evelyn v. Forster, 8 Ves. 96 ; were includ- ed. By sections 26 and 29 of this act its provisions were expressly extended to lands abroad within the queen's dominions; but lands abroad out of the queen's dominions were not within the statute. Price v. Dewhurst, 8 Sim. 617. (0 See Prendergast v. Eyre, LI. & G. t. Sugd. 11 ; Re Kent, 9 Sim. 501 ; Ex parte Ommaney, 10 Sim. 298 ; Re Barry, 2 Jones & Lat. 1 ; Peyton v. M'Dermott, G Ir. Eq. Rep. 220 ; Goddard v. Macaulay, 6 Ir. Eq. Rep. 221. (?/) As the conveyance of an infant under the act would only be as effectual as if he were adult, it was necessary to see that the conveyance would be effectual were the infant of age. Thus, before the abolition of fines and recoveries, had the trustee devised the estate to an infant in tail, the conveyance must have been by recovery ; Ex parte Johnson, 3 Atk. 559 ; Ex parte Smith, Amb. 624. So, if the infant had been a feme covert, the conveyance must have been by fine ; Ex parte Maire, 3 Atk. 479 ; Ex parte Bowes, 3 Atk. 164. When fines and recoveries were abolished, the assurance must have been attended with the formalities required by (354 LEWIN ON THE LAW OF TRUSTS, ETC. The eio-hth section remedied sundry other inconveniences in [*8.j6J ^^j^^ ^^gg ^j freeholds (that is, of freeholds in interest, whether of freehold or copyhold tenure ;)(v) and it was thereby enacted, that ^ -,„ where any person seised of land(%-) upon any trust(cc) *should be L 'J out of the jurisdiction or not amenable to the process of the court, or it should be uncertain, v;here there ivere several trustees, ivhich of them was the survivor, or it should be uncertain whether the trustee last knov:n to have been seised{}/) as aforesaid was living or dead, or if known to be dead it should not be known who was his heir,{z) or if any trustee seised as aforesaid, or the heir of any such trustee, should neglect or refuse to the Fines and Recoveries Act ; See Radcliffe v. Eccles, 1 Keen, 130 ; Penny v. Pretor, 9 Sim. 135. («) The second section defined "lands" to include real property oi any tenure. But as to copyholds see Queen V. Pitt, 10 Ad. & Ell. 272. (w) An estate was devised to the use of the poor of a parish, and it did not appear in -whom the legal estate was vested, and the case was held not to be within the act ; Attorney-General v. Randies, 8 Beav. 185. But see Re Gore's Charity, 4 Drur. & W. 270. (x) It was at first held, that this did not include a complicated trust; Ex parte Merry, 1 M. & K. 677 ; but the 12th section authorizing the court, where it should be proper, to direct a bill to be filed to establish the right, it was afterwards ruled that the court had a discretion of making an order in such a trust upon an ex parte application ; In re De Clifford, 2 M. & K. 624, 820. So it was originally the opinion of the court, that " trust" did not include a viortgage ; la re Goddard, 1 M. & K. 25 ; Ex parte Payne, 6 Sim. G45 ; In re Stan- ley, 5 Sim. 320; In re Dearden, 3 M. & K. 508 ; and see Prendergast v. Ej're, Lloyd & Goold, t. Sugden, 11. But the Escheat and Forfeiture Act (4 & 5 W. 4, c. 23, s. 2,) declaring, that " where any person seised of any land upon any trust or by way of mortgage died without an heir, it should be lawful for the court of chancery to appoint a person to convey in like mianner as was provided" (by the 11 G. 4," and 1 W. 4, c. 60,) "in case such trustee or 7nortgagce had left an heir and it was not known who was such heir," it was held, as the legislature could best interpret its own provisions, that the 8th section of the act did extend to a mort- gage ; Ex parte Whitton, 1 Keen, 278 ; In re Stanley, 7 Sim. 170 ; In re Wilson, 8 Sim. 393. A supplemental act was afterwards passed (1 & 2 V. c. 69,) the effect of which was, that for the time to come the relief was confined to the case of a mortgagee dying seised without having had possession, and where the mortgage money should have been or should be paid ; and the word trust, in the 8th section of Lord St. Leonards' Act, was restricted from being construed to comprise a mortgage ; Green V. Holden, 1 Beav. 207 ; Spunner v. Walsh, 10 Ir. Eq. Rep. 214. As the statute recited only the 8th section of Lord St. Leonards' Act, it is presumed it was not meant to repeal \hQ previous sections rel&img to mortgages, and apparently the master of the rolls was of this opinion ; see Green v. Holden, ubi supra. It is remarkable that the decisions of the vice-chancellor of England, In re Williams, 9 Sim. 642, and In re Thompson, 12 Sim. 392, though the latter at least was correct if the mortgagee was never in possession, appear to have been made without refer- ence to the 1 & 2 Vict. c. 69. A mortgagor against whom a decree for sale was taken by an equitable mortga- gee, became thereby a trustee for sale, and if he went out of the jurisdiction or was of unsound mind the court appointed a person in his place to execute a convey- ance for giving effect to the sale : King v. Leach, 2 Hare, 57; Barfield v. Rogers, 8 Jur. 229 ; and see Hood v. Hall, 14 Jur. 127. And when the mortgage money had been paid, the heir of the mortgagee was a trustee for the mortgagor, and a petition for a reconveyance should have been pre- sented not by the executors of the mortgagee, but by the mortgagor ; In re Mani- fold, 4 Hare, 308. (y) Qu. if this was applicable to the seisin of the husband where he and his wife were seised in right of the wife; see Moore v. Vinten, 12 Sim. 161. (2) See In re Bishop Gore's Charities, 2 Conn. & Laws. 41 1. II STATUTORY ENACTMENTS, ETC. 655 convey such lands for the space of twenty-eight days next after a proper deed for making such conveyance shoidd have been tendered for his execution by, or by an agent didy authorized by, any person entitled to require the same,{a^ it should be lawful for the court to appoint a person iu the place of the trustee or heir to convey, such conveyance to be as effectual as if the trustee or heir had made and executed the same. The ninth section remedied certain inconveniences relating to chattels real, and enacted that where any person possessed of land for a term of years upon trust(i) should be out of the jurisdiction or not amenable to the process of the court, or it ^should be uncertain whether the r-^Qoo-\ trustee last known to have been possessed as aforesaid should be *- -> living or dead,(c^ or if any trustee as aforesaid, or the executor of any such trustee, should neglect or refuse, &c., (as in the former clause,) it should be lawful for the court to appoint a person to make a vicarious assignment or surrender, such assignment or surrender to be as valid as if made by the trustee or executor. The tenth section related to inconveniences in respect of stock, and enacted, that where any person in whose name as a trustee or executor (either alone or together with the name of any other person,) or in the name of whose testator (whether as a trustee or beneficially,)(cZ) any stock should be standing, or any other person who should otherwise have power to transfer, or join with any other person in transferring, any stock to which some other person should be beneficially entitled, should (fit) The tender must have been made by " some person entitled to require a conveyance.'' What would amount to such a tender was often a question. A person duly nominated a new trustee under a power for that purpose was entitled to require a conveyance to give effect to the appointment ; In re Law, 4 Beav. 509. And if the court decreed a sale with a direction that all necessary parties should join in the conveyance that converted the owner of the estate into a trustee for the purposes of the decree, and if a conveyance settled by the master had been ten- dered to him, and he neglected or refused to execute it for twentj'-eight days, the court, on the petition of the purchaser or other person interested, ordered a person to convey in the place of the party so neglecting or refusing: Warburton v. Vaughan, 4 Y. & C. 247; Billing v. Webb, 1 De Gex & Sm. 716; Robinson v. Wood, 5 Beav. 246. Note, The refusing trustee need not and ought not to have been served with the petition ; Re Burntree Building Society, 16 Sim. 296; and see In re Bradburne, 12 L. J. N. S. Ch. 353. (b) In a foreclosure suit by an equitable mortgagee of leaseholds, the plaintiff having obtained a decree for sale, the defendant, the mortgagor, was held to have been thereby converted into a trustee for the plaintiff; King v. Leach, 2 Hare, 57 ; and see Re Milfield, 2 Phil. 254. (c) The words in the preceding clause, " where it should be uncertain, where there were several trustees, which of them was the survivor," were here omitted ; for in respect of chattels the personal representatives of both the trustees might assign, or if there were no such representatives, administration might be taken out to both. It was not intended to provide by the act for any case which could be remedied in any other mode ; see In re Anderson, L. & G. t. Sugd. 28. (d) A person was an executor within the meaning of this clause before probate, if he had not renounced ; see Ex parte Winter, 5 Rus. 284. A testator gave a sum of consols to A., B., and C, in trust for D. for life. All the trustees died, and the survivor appointed two executors. D. applied to one exe- cutor to prove, who refused, and the other was out of the jurisdiction. Held to be within the act; Ex parte Hagger, 1 Beav. 98; and see Cockell v. Pugh, 6 Beav. 293. From the words " in the name of whose testator," it was ruled that the clause did not apply to the case of a trustee dying intestate; Re Lunn's Charity, 15 Sim. 464. (356 LEWIN ON THE LAW OF TRUSTS, ETC be out of the jurisdiction or not amenahle to the process of the court,{e) or it should be uncertain tvhether such person teas living or dead, or if any such trustee or executor or other person should neglect or refuse{f ) to transfer such stock, or receive and pay over the dividends thereof to the person entitled thereto or to any part thereof respectively, for the space of thirty-one *days after request{g)in writing hy the person en- [ ^^'^J titled as aforsaid,{h) the court might appoint a person to transfer the stock, or receive and pay over the dividends, such transfer, receipt, or payment to be as cflFectual as if made by such trustee, executor, or other person. The eleventh section determined the mode of application, by declaring that every direction or order to be made under the act should be signified either by an order made in any cause dejjending in the court,(^i'j or upon petition in the lunacy or matter ;{k) and where the order was made on petition, declared who, according to the circumstances of the case, should be the petitioner. The fifteenth section provided that the act should extend to trustees having an interest or having a duty to perform, and the sixteenth and seventeenth made special provision for certain cases of specific perform- ance. The eighteenth section extended the provisions of the act to every case of a constructive trust or of a trust arising or resulting by implication of law, but where the alleged trustee had or claimed a beneficial interest, no order was to be made until after it had been declared by the Court of Chancery, in a suit regularly instituted in such court, that such person was a trustee.(?) And cases of election and partition were expressly excepted. r*Qim *% ^^^ Trustee Act, 1850, (13 & 14 Vict. c. 60,) and 1 & 2 L ^^^J Vict. c. 69, the 1 W. 4, c. 60, and 4 & 5 W. 4, c. 23, were re- («) Where a trustee (one of the plaintiffs in a suit) commanded a mercliant vessel, and was on bis voyage to India, it was held he was not out of the jurisdic- tion within the meaning of the act; Hutchinson v. Stephens, 5 Sim. 498 ; and see Ex parte Dover, 5 Sim. 500. (/) Refusing to transfer for a just cause was of course no ground for an appli- cation to the court ; Pepper v. Tuckey, 2 Jones & Lat. 95 ; Re Moloney, ib. 391. (g) An order of the court could not be construed to be the request of a party ; Madge v. Riley, 3 Y. & C. 425. (A) See Re Law, 4 Beav. 509 ; Cockell v. Pugh, 6 Beav. 293 ; and note (a), p. 837, supra. (i) Where a suit was depending, the order might have been made on the decree without a petition; Miller v. Knight, 1 Keen, 129; Broom v. Broom, 3 M. & K. 443; Walton v. Merry, 6 Sim. 328; overruling Fellowes v. Till, 5 Sim. 319; Prytharch v. Havard, 6 Sim. 9. The order was also sometimes made on motion subsequently to the decree ; Callaghan v. Egan, 1 Drury & Walsh, 187. {k) The order could not have been made upon motion, instead of petition, where there was no lis pendens ; Evelyn v. Forster, 8 Ves. 96 ; Baynes v. Baynes, 9 Yes. 462 ; and see Anon. 1 Y. & C. 75. [l) The various orders to convey, &c., made under the preceding sections, in cases of decrees for sale in suits by mortgagees and creditors, must be viewed as deriving their force from this section ; see Prendergast v. Eyre, LI. & G. t. Sugd. 11 ; Warburton v. Vaughan, 2 Y. & C. 247 ; King v. Leach, 2 Hare, 57 ; Jackson V. Milfield, 5 Hare, 538. From the last case, and Re Milfield, 2 Phil. 254, it appears that an express declaration in the decree of the fact of trusteeship was not necessary. Of course if a sale be directed by the court without jurisdiction the act cannot apply; Calvert v. Godfrey, 6 Beav. 97. PLEADING AND PRACTICE. 657 pealed, and their provisions consolidated and extended. The chief feature of the act, in connection with the subject of this chapter, was the authority given to the court to devest the legal estate out of the person from whom a conveyance might be desired, and vest it in the proper person or persons by the mere order of the court itself, now familiarly known as a vesting order. Additional facilities were also created for dealing with shares in public companies, and " choses in action" held upon trust. The provisions of this act having been found defective in some respects, they were again extended by 15 & 16 Vict. c. 55. These two acts, with the decisions of the court upon the construction of the different clauses, will be found in extenso at the end of the Trea- tise. *CHAPTER XXIX. [*841] PLEADING AND PRACTICE IN REFERENCE TO THE LAW OF TRUSTS. Under this head we propose considering, First, The necessary parties to suits relating to trusts ; Secondly, The order and manner in which trustees and cestuis que trust ought to sue or defend; Thirdly, Distringas; Fourthly, Compulsory payment into court; Fifthly, Eeceivership; Sixthly, Costs of suit. SECTION I. OF NECESSARY PARTIES. It will be more convenient, first, to state the general practice, and then to mention the modifications introduced by statutory enactment and the orders of the court. Suits in equity affecting trusts are either between strangers on the one hand, and the persons interested in the trust on the other ; or between the persons interested in the trust inter se. I. In suits by or against strangers it is a general rule (unless some enactment or order of the court make an exception) that all the trustees and cestuis que trust, who together constitute but one interest, must be made parties. (a) Thus where a mortgage is made to A. in trust for B., the p^o .9-1 *latter cannot file a foreclosure bill without making A. a party, L "'J who on redemption would be the person to convey the legal estate. (Z^) And, in the case of a contract to convey to A. in trust for B., the latter {a) Bifield v. Taylor, 1 Moll. 198, per Sir A. Hart; Adams v. St. Leger, 1_^B. & B. 184, per Lord Manners. (b) Wood V. Williams, 4 Mad. 186 ; Scott v. Nicoll, 3 Russ. 47G ; Hicheus v. Kelly, 2 Sm. & Gif. 264. 058 LEWIN ON THE LAW OF TRUSTS, ETC. cannot sue for specific performance without A., to whom the conveyance of the legal estate, if at all, will be decreed.(c) So one of several cestuis que trust cannot file a bill of foreclosure((/) or redemption{t') without bringing before the court the other cestuis que trust who are interested in the mortgage or equity of redemption. So a morto-a^ee could not foreclose without making all the cestuis que trust, claiming'^under the mortgagor, parties ;(/) and a mortgagor could not file a bill to redeem without bringing before the court all the cestuis que trust interested in the mortgage.(5') However, it was observed by Lord Hardwicke that « where a mortgagee, who had a plain redeemable interest, made several conveyances upon trust in order to entangle the affairs, and render it difficult for the mortgagor or his representatives to redeem, there it was not necessary that the plaintiff should trace out all the persons who have an interest in such trust to make them parties. "(A) If A. grant an annuity to B., and vest a term in C. to secure it, A. cannot file a bill against B. to set aside the annuity without making C. a party, for A. might have to institute another suit against C. to get the legal estate, and then B. (who would again be a necessary party) would be doubly vexed. (z) *It was laid down by Lord Redesdale, that, " Trustees of real L -J estate for payments of debts or legacies might sustain a suit, either as plaintiffs or defendants without bringing before the court the creditors or legatees for whom they were trustees, which in many cases would be almost impossible, and the rights of creditors or legatees would be bound by the decision of the court against the trustees. "(A;) But in Harrison v. Stewardson,0 V. C. Wigram, upon this passage being re- ferred to, observed " that it was impossible to say the practice of the court was in conformity with the passage which had been cited," and he held, in the case before him, in which the deed was for the benefit of twenty-one scheduled creditors, and only three were before the court, that it was necessary to make all the creditors parties." Again, it was also said by Lord Redesdale, that '' persons having de- mands prior to the creation of a trust, might enforce those demands against the trustees without bringing before the court the persons (c) Cope V. Parry, 2 J. & W. 538; Hobson v. Staneer, 9 Mod. 83. (d) Palmer v. Lord Carlisle, 1 S. & S. 423; Lowe v. Morgan, 1 B. C. C. 368 ; Note, The decree iu Montgomerie v. Marquis of Bath, 3 Ves. 3G0, was made with- out opposition, though it is not expressed (see 1 S. & S. 425,) to have been made by consent. (e) Palmer v. Lord Carlisle, 1 S. & S. 425 ; per Sir J. Leach ; Henley v. Stone, 3 Beav. 355. (/) Calverley v. Phelp, 6 Mad. 229 ; and see Wilton v. Jones, 2 Y. & C. Ch. Ca. 244; Thomas v. Dunning, 5 De Gex. & Sm. 618 ; Anderson v. Stather, 2 Coll. 209. {g) Osborne v. Fallows, 1 R. & M. 741 ; Whistler v. Webb, Bunb. 53 ; Yates v. Hambly, 2 Atk. 237 ; Drew v. Harman, 5 Price, 319; Wetherill v. Collins, 3 Mad. 255. (h) Yates v. Hambly, 2 Atk. 237 ; and see Osborne v. Fallows, 1 R. & M. 743. (i) Bromley v. Holland, 7 Ves. 3, p. 11, 12 ; and see Butler v. Prendergast, 2 B. P. C. 170. (k) Mitf. Eq. PI. 174, 4 Ed. (/) 2 Hare, 530 ; and see Holland v. Baker, 3 Hare, 68 ; Thomas v. Dunning, 5 De G. & Sm. 618. PLEADING AND PRACTICE. 659 interested under the trust, if the absolute disposition of the property was vested in the trustees ; but if the trustees had no such power of disposi- tion, as in the case of trustees to convey to certain uses, the persons claiming the benefit of the trust must also be parties. Persons having specific charges on the trust property in many cases were also necessary parties, but this would not extend to a general trust for creditors or others whose demands were not distinctly specified in the creation of the trust, as their number, as well as the difficulty of ascertaining who might answer a general description, might greatly embarrass a prior claim against a trust property. (jw") But it is apprehended that an absolute power of disposition in the trustees was not suificient to dispense with the cestms que trust, and that in all cases persons having specific charges must have been parties, and that even creditors must not have been omitted as parties altogether, but must have been represented by a few. Assignees of bankrupts and insolvents, however, although quasi trustees, were com- *petent to sue or sustain a suit without the presence of the pg^^-i creditors. In suits for the specific performance of a contract, or to have it can- celled, upon any ground, the general rule is that the parties to the con- tract are the only parties to the suit, and therefore if trustees enter into a contract, not as the agents of their cestms que trust but as principals (though the property of the cestuis que trust is in fact concerned,) they may sustain a suit either as plaintifis or defendants without the presence of the cestuis que trust. And not only is it unnecessary, but in many cases would be highly improper, to make the cestuis que trust parties. (?i) But where persons sustaining a fiduciary character enter into a contract not as priyicipals, but on behalf and as the agents of other parties, those other parties as the principals and not their agents are the proper per- sons to sue.(o) In marriage articles the husband and wife and their issue are all purchasers for valuable consideration, and parties to the contract, and therefore if any agreement had been made in articles with trustees, they alone could not have filed a bill for specific performance without bring- ing the cestuis que trust before the court, for the latter being also in fact parties to the contract, if the bill of the trustees were dismissed, might afterwards file themselves another bill against the defendant for the like purpose. (p) Where several persons have united in constituting another their representative in a iTiatter for all purposes, there it seems such representa- tive may sue or be sued in the absence of the cestui que trust.^q) But the intention to constitute such a representative must clearly appear. For trustees are not themselves owners of the property ; they are in a (»«) Mitf. Eq. PI. 176, 4 Ed. (n) Wood V. White, 4 M. & C. 460 ; Keon v. Magawlj, 1 Dru. & War. 400 ; Tasker v. Small, 3 M. & C. 63 ; Humphreys v. Hollis, Jac. 73 ; Wakeman v. Duchess of Rutland, 3 Ves. 233, 504. (o) Doughis V. Horsfall, 2 S. & S. 184: Hook v. Kinnear, 3 Sw. 417, note ; Small V. Atwood, Younge, 457. ' (p) Kirk v. Clark, Pr. Ch. 275. (g) Vernon V. Blackerly, 2 Atk. 145 ; Bifield v. Taylor, 1 Moll. 193 ; S. C. Beat. 91. 6G0 LEWIN ON THE LAW OF TRUSTS, ETC. sense agents for the owners in executing the trusts, but they are not constituted agents for the purpose of defending the owners against the adverse claims of third parties. (r) *II. Where the suit is between the parties interested in the L ^ "^J trust inter se, the rule (where no enactment or order of the court dispenses with it) equally prevails that all the trustees and all the cestuis que trust must be before the court. 1. As to trustees. In suits by cestuis que trust, praying relief against their trustees, it is necessary as a general rule to make all the co-trustees parties,(s) on the ground that as eacJi co-trustee was liable to the cestuis que trust, a multiplicity of suits for the same matter might be avoided, and that the accounts might not be taken twice over; and also that the court may, if possible, do justice to one defendant by a decree over against a co-defendant,(/) and it is the plaintiff's duty so to frame his suit that complete justice may be done without throwing it on the defendant to file a cross bill.(M) But it is to be remembered that a decree between co-defendants must always be founded on the proofs in the cause, upon the issue between the plaintiif and the co-defendants, for though one defendant may read against a co-defendant the proofs by the plaintiff as having been examined against all the defendants, he cannot read the answer of a co-defendant.(v) It commonly happens that, in a suit by a cestui que trust for relief against the trustees for a breach of trust, the merits of the case as between the co-defendants are not suflBciently elicited to authorize the court to adjust the equities between them, but they are left to institute a future suit inter se for the purpose of obtaining a contribution, or otherwise working out the relief to which they are entitled. They must neverthe- less have been all made parties to the original suit, for although the court r*Sin ^^"^'^ make no decree between them, it would proceed as far *as L -i it could by declaring the joint liability, and settling the amount of it by accounts taken in the presence of all ; and then in a future suit instituted for contribution or other relief, the court might make its decree upon the basis of the amount so ascertained. (it?) If co-trustees commit a breach of trust and a third party reaps the benefit, he must also, as a quasi-trustee, be made a defendant, since he is liable to be sued by the cestui que trust, and the equities between him- self and the co-trustees ought to be settled so far as is practicable. (a;) {r) Holland v. Baker, 3 Hare, 72. (s) Munch V. Cockerell, 8 Sim. 219; Perry v. Knott, 4 Beav. 1Y9 ; and see In Re Chertsey Market, 6 Price, 278 ; Attorney-General v. Newbury Corporation, C. P. Cooper's Rep. 1837-38, 77 ; Wilson v. Broughton, cited ib. 78 ; but see Walker V. Symonds, 3 Sw. 75; Tarleton y. Hornbv, 1 Y. & C. 336; Humberstone v. Chace, 2 Y. & C. 213 ; Attorney-General v. Wilson, Cr. & Ph. 28. (t) See Jones v. Jones, 3 Atk. 112 ; Walker v. Preswick, 2 Yes. 622 ; Latouche V. Dunsany, 1 Sch. & Lef. 137, 2 Sch. & Lef. 600 ; Farquharson v. Seton, 5 Russ. 45; Conry v. Caulfield, 2 B. & B. 255. (m) See Jones v. Jones, 3 Atk. 112 ; Shipton v. Rawlins, 4 Hare, 623, 624. [v) Eccleston v. Skelmersdale, 1 Beav. 396 ; and see Cottingham v. Shrews- bury, 3 Hare, 627 ; Lennard v. Curzon, 1 De Gex & Sm. 350. (^o) See Perry v. Knott, 4 Beav. 180. {x) Burt V. Dennet, 2 B. C. C. 225 ; Perry v. Knott, 4 Beav. 179 ; 5 Beav. 297 ; Consett V. Bell, 1 Y. & C. Ch. Ca. 569. I PLEADING AND PRACTICE. 661 If a trustee transfer a fund improperly to a stranger without considera- tion and without notice, and the stranger transfer it over either for no consideration or for a valuable consideration not paid to himself, the intermediate assignee need not be made a defendant, for not having had any notice of the trust he cannot be sued personally on the ground of liability, and not having derived any benefit from it there is no property in his hands to be specially attachedly) Of course, wherever the trust estate passes to ?i purchaser for valuahle consideration ivitliout notice, it is unnecessary to make such purchaser a party. If a person invested with a fiduciary character be guilty, not of a mere breach of trust or non-performance of a civil obligation, but of a tort or delictum, (2;) that is, a fraudulent(a) or wrongful(6) act, the remedy might always have been pursued against that person only, without making those who confederated with him also parties. (c) "In cases of this kind," observed Lord Cottenham," where the liability arises from the wrongful act of the parties, each is liable for all the ^consequences, and r^oi'j-^ there is no contribution between them, and each case is distinct, L J depending upon the evidence against each party. It is therefore not necessary to make all parties, who may more or less have joined in the act complained of, nor would any one derive any advantage from their being all made defendants, because as the decree would be general against all found to be guilty of the charge, it might be executed against any of them. "((A The casesto which this doctrine has been applied, have been where corporators deserting their duty have made a fraudulent alienation of the corporate property, or certain members of a company have been the means of inveigling strangers by fraudulent misrepresentations. It is not necessary to bring before the court the representatives of a trustee who, as the bill is fi-amed, had no concern with the matters in question in the suit.fe) In some cases the plaintiff has been allowed to proceed in the absence of the representative of a co-trustee, by waiving all relief which could not be granted in the absence of such representa- tive.(/) A person need not be made a party who has merely been named a trustee but has disclaimed. (^) And the suit may proceed so far as it can in the absence of a trustee who is out of the jurisdiction, ^/i) or cannot be compelled by the utmost {y) Harrison v. Prjse, Barn. 324; Knye v. Moore, 1 S. &. S. 61. [z) See Lingard v. Bromley, 1 V. & B. 117. (a) See Seddon v. Connell, 10 Sim. 86. {h) See Attorney-General v. Wilson, 1 Cr. & Ph. 28. (c) Attorney-General v. Wilson, 1 Cr. & Ph. 1 ; Seddon v. Connell, 10 Sim. 58, see p. 86; Waldburn v. Ingilby, 1 M. & K. 77 ; and see Charity Corporation v. Sutton, 2 Atk. 406 ; Attorney-General v. Brown, 1 Sw. 265. {d) Attorney-General v. Wilson, 1 Cr. & Ph. 28. (e) Glass v. Oxenham, 2 Atk. 121 ; Routh v. Kinder, 3 Sw. 144, note; Slater v. Wheeler, 9 Sim. 156 ; Beattie v. Johnstone, 8 Hare, 169. {/) Selyard v. Harris, 1 Eq. Ca. Ata. 74 ; Moon v. Blake, 1 Moll. 284. (g) W^ilkinson v. Parry, 4 Russ. 274; Richardson v. Hulbert, 1 Anst. 65 ; Creed T. Creed, 2 Hog. 215. (/«) See Morrill v. Lawson, 2 Eq. Ca. Ab. 167 ; AValley v. Whalley, 1 Vern. 487. Cowstad V. Cely, Pr. Ch. 83. 062 LEWIN ON THE LAW OF TRUSTS, ETC. process against him to appear to the bill ;{i) or if it be proved to the court that diligent search and inquiry has been made after him to serve him with process, and that he cannot be found. (^) Where a trustee has died insolvent, it is not necessary in a suit that under other circumstances would cast a liability upon the estate of the ^ trustee, as for having joined in a breach of *trust, to bring his per- [*848] g^^^j representative before the court.(?) But a trustee, if other- wise a necessary party, cannot be dispensed with as a party during his lifetime, on the ground that he is in insolvent circumstances, for the embarrassment may be only temporary, and he may eventually be able to discharge the debt.(m) In suits between parties for the adjudication of their rights to an estate, it is not necessary to have the presence of a mere trustee of an outstand- ing term.(??) An intermediate trustee of a mere equity need not, except under special circumstances,(o) be made a party. Thus A., the cestuique trust of a fund of which the legal estate is in B., assigns his interest to C. in trust simply for D. ; here D. may sue B. for the fund without making C. a party. (p) A trustee who has assigned his interest over to a new trustee^ need not be a party. Thus where A. was trustee for B. for securing an an- nuity, and B. assigned the annuity to C, and A. assigned the term to D., it was of course not necesssary in a suit to set aside the annuity, to make A. a party. (5-) Where a person mortgaged his reversionary interest in stock, and then assigned it to trustees by a voluntary instrument upon trust for payment of his debts, it was held the trustees were not necessary parties to a fore- closure suit, the deed being defeasible at any moment, and the trustees the mere agents of the mortgagor. (r) It has been said that sometimes bills have been brought by a cestui que trust without making the trustee a party, upon the principle of the cestui que trust undertaking for the trustee, who has no personal interest, that he should conform to what decree should be raade.(s) But this must be regarded as an anomaly. r*8iQn '^^^ ^ ^^^^ ^^ ^^^^ against several trustees but does not seek to L J charge them personally, on the death of one, the trusteeship sur- vives, and the representatives of the deceased trustee need not be brought (?) Butler V. Prendergast, 2 B. P. C. 170. (k) See s. 49 of the trusteee act, 1840, re-enacting s. 24 of 11 G. 4, and 1 W. 4, c. 60, s. 24; and see Moore v. Vinten, 12 Sim. 161 ; Heath v. Percival, 2 Eq. Ca. Ab. 167 ; S. C. 1 P. W. 683 ; Waller v. Wlialley, 1 Vern. 487. (I) Seddon v. Connell, 10 Sim. 85 ; Madox v. Jackson, 3 Atk. 406; but see Haywood v. Ovey, 6 Mad. 113. (m) See Thorpe v. Jackson, 2 Y. & C. 560, 563 ; Haywood v. Ovey, 6 Mad. 113. («) Brookes v. Burt, 1 Beav. 106. (0) Scully v. Scully, 3 Ir.'Eq. Rep. 494. Ip) Head v. Teynham, 1 Cox, 57; Munch v. Cockerell, 8 Sim. 219 ; and see Malone v. Geraghty, 2 Conn. & Laws. 249 ; Whittle v. Halliday, 2 Conn. & Laws. 430 ; Horrocks v. Ledsam, 2 Coll. 208. (q) Bromley v. Holland, 7 Ves. 11 : and see Knye v. Moore, 1 S. & S. 65 ; Reed V. O'Brien, 7 Beav. 32. (r) Slade V. Rigg, 3 Hare. 35. (s) Kirk v. Clark, Pr. Ch. 275. PLEADING AND PRACTICE. 663 before the court ;(/) and the representative of a deceased trustee who was not a party to the breach of trust complained of, and on whose death the trust fund devolved on the surviving trustee, need not be made a defend- ant to a suit for recovering amends for the breach of trust against the surviving trustee. (m) If a person entitled to a share of a fund standing in the names of trustees make a new settlement and appoint new trustees, who commit a breach of trust in which the old trustees are also implicated, the cestuis que trust under the last settlement may have relief, in respect of the breach of trust, against the new trustees without making the old trustees parties, (y) 2. It was necessary until recently to have all the cestuis que trust before the court, in order that the rights of all parties interested might be ascertained, so that future litigation might be excluded, and that the trustee might not be afterwards harassed for having obeyed the order of the court.(?c) But the general rule was and is subject to numerous exceptions. If a cestui que trust was abroad, the court might proceed without him if he was merely a passive party, and the disposition of the property was in the power of those before the eourt.(a-) But if the primary object of the suit be to affect the right of the absent cestui que trust, as in a bill for equitable execution against his estate, the court will not make a decree behind his back, even though the legal interest may be vested in some of the defendants. (^) In one case liberty was reserved to make alterations in the decree apparently that the absent "^cestui que |-:i:Q-n-i trust might, if so advised, apply by petition to have the decree L -» amended. fz) In another case where one of the cestuis que trust was abroad and could not be found, the court, though the right of that cestui que trust was involved, directed a conveyance of the estate, but without prejudice to any right or interest which might be claimed by that cestui que trust. (^a\ A suit might proceed in the absence of a cestui que trust if process was made against him to a sequestration, and he could not be compelled to appear, (i) If a cestui que trust assign his interest over, the original cestui que trust need not be a party to a suit instituted by the assignee. (c) A cestui que tr^isf, entitled to a distinct aliquot share of an ascertained fund, might file a bill against the trustee of the fund for the transfer of (t) London Gas Light Company v. Spottiswoode, 14 Beav. 271. (it) Simes v. Eyre, 6 Hare, 137. (c) M'Gachen v. Dew, 15 Beav. 84. (id) Pyncent v."Pyncent, 3 Atk. 571 ; Adams v. St. Leger, 1 B. & B. 181 ; Court V. Jeffry, 1 S. & S. 105; Manning v. Thesiger, ib. 107; Josling v. Karr, 3 Beav. 495; Morril v. Lawson, 2 Eq. Ca. Ab. 1G7; Pliillipson v. Gatty, 6 Hare, 26; Hanne v. Stevens, 1 Vern. 110. (x) Rogers v. Linton, Bunb. 200 ; and see Willats v. Busby, 5 Beav. 193. (y) Browne v. Blount, 2 R. & M. 83 ; see Holmes v. Bell, 2 Beav. 298 ; Fell v. Brown, 2 B. C. C. 276 ; Willats v. Busby, 5 Beav. 193. (2) Attorney-General v. Balliol College, 9 Mod. 407 ; see 409. (a) Willats v. Busby, 5 Beav. 193. (b) Downs V. Thomas, 7 Ves. 206 ; Phillips v. Duke of Buckingham, 1 Vern. 228. (c) Goodson v. Ellisson, 3 Russ. 583. 604 LEWIN ON THE LAW OF TRUSTS, ETC. that share without making the cestuis que trust of the residue of the fund parties. ((f) But where a plaintiff was entitled to an aliquot share not in an ascertained and existing fund, but in one for which the defendant was liable to account, he must have made the persons entitled to the other aliquot shares parties. (e) And it has been observed that suits for aliquot shares, without making the other persons interested parties, are not to be encouraged as being inconvenient.(/) III. Certain exceptional cases depending upon considerations equally applicable to suits between the trust estate on the one hand, and strangers on the other, and to suits between the trustees and cestuis que trust, inter se, remain to be considered. Where a breach of trust has been committed, it is competent to one or more of the trustees at any time to institute a suit against the person liable to make good the fund without making *the cestuis que L J trust parties. It may be objected, that, as a suit by the cestuis que trust would also clearly lie in such a case, the defendant would thus be liable to be twice vexed for the same matter. However, the rule from its great convenience has been repeatedly recognised, and may be con- sidered established. ((/) Where the cestuis que trust are so numerous a body that the suit could not possibly, or at all events conveniently, proceed, if all were required to be parties, the court will, in accordance with its ordinary practice where numerous parties have a common interest, permit some of the cestuis que trust to sue on behalf of the rest and as their representa- tives. (A) So where cestuis que trust are exceedingly numerous, a small number may be made defendants as representatives of the rest for the purpose of binding their rights. (?') But in such cases if all the cestuis que trust be not parties, the trustees must be so.(Z:) In many cases the plaintiff can- not have complete relief in the absence of the general body, as where they ought all to join in a conveyance ; but even here if the plaintiff pro- ceed against a few as defendants, the court will go as far as it can by binding the rights of all in equity.^/') (d) Smith V. Snow, 3 Mad. 10; Hutchinson T. Townsend, 2 Keen. 675 ; Hugh^ son V. Cookson, 3 Y. & C. 578; Perry v. Knott, 5 Beav. 293. (e) Lenaghan v. Smith, 2 Phil. 301 ; Alexander v. Mullins, 2 R. & M. 568. (/) Hutchinson v. Townsend, 2 Keen, 678, per Lord Langdale. iff) Franco v. Franco, 3 Ves. 75 ; May v. Selby, 1 Y. & C. Ch. Ca. 235 ; Bridget V. Hames, 1 Coll. 72 ; Noble v. Meymott, 14 Beav. 471 ; Peake v. Ledger, 4 De Gex & Sm. 137 ; Groom v. Booth, 1 Drewry, 567 ; Horsley v. Fawcett, 11 Beav. 565 ; Chancellor v. Morecraft, ib. 262 ; Hughes v. Key, 20 Beav. 395 ; Baynard v. Woolley, ib. 583. (h) Chancey v. May, Pr. Ch. 592 ; Manning v. Thesiger, 1 S. & S. 106 ; Weld V. Bonham, 2 S. & S.'oi ; Harvey v. Harvey, 4 Beav. 215 ; and see Lloyd v. Loar- iiig, 6 Ves. 773 ; Cockburn v. Thompson, 16 Yes. 321 ; Hichens v. Congreve, 4 Russ. 562 ; Preston v. Grand Collier Dock Company, 11 Sim. 327; Bromley v. Smith, 1 Sim. 8 ; Walworth v. Holt, 4 M. & C. 619 ; Attorney-General v. Heelis, 2 S. & S. 67 ; Taylor v. Salmon, 4 M. & C. 134; Williams v. Salmond, 2 K. & J. 463. {() Adair v. New River Company, 11 Ves. 429, see pp. 443, 444, 445 ; City of London v. Richmond, 2 Vern. 421 ; Meuxv. Maltby, 2 Sw. 277 ; Bunnett v. Foster, 7 Beav. 540 ; Harvey v. Harvey, 4 Beav. 215 ; 5 Beav. 134 ; Milbank v. Collier, 1 Coll. 237. (k) Holland v. Baker, 3 Hare, 68. (1) Meux V. Maltby, 2 Sw. 285 ; and see Powell v. Wright, 7 Beav. 449, 450. PLEADING AND PRACTICE. 665 In order to enable some to sue on behalf of themselves and others, it must appear that the relief sought is in its nature beneficial to all those whom the plaintiff undertakes to *re])rcsent.(m) And the frame r:}:(i.f^,r>-] of the suit must not involve any matter of contest between the L J plaintiff and the parties represented by him inter se.(^n^ What number was large enough to induce the court to dispense with the rule requiring all to be made parties has never been exactly defined. It was held in one case that where the cesfuis que trust were twenty, they ought all to be brought before the court. (oj But in two other cases where the original cestuis que trust were twenty-seven and twenty-six in number respectively, and bills were filed 20 and 17 years respectively after the dates of the respective deeds of trust praying performance of the trusts, it was held that some of the cestuis que trust could maintain the suits on behalf of themselves and all others. (p) IV. The practice of the court has now been considerably varied by certain special enactments, and by the general orders of the court which we proceed to consider. By the 80th order of 26th August, 1841, it was provided that in all suits concerning real estate, which is vested in trustees by devise who were competent to sell and give discharges, such trustees should repre- sent the persons beneficially interested in the real estate, in the same manner as executors and administrators represent the persons beneficially interested in the personal estate. Upon the construction of this clause it was held that devisees in trust for sale, subject to a charge of debts, being also executors, though with- out an express power of signing receipts, were within the meaning of the order.(5) But that it '''did not apply where the trustees had r*ucQ-i not an absolute power of sale but only with the consent of another L ' -I person, (?•) or where the trust for sale was not immediate, but to be exer- cised on the death of a tenant for life,(s) or where the equitable estate only, and not the legal estate, was vested in the trustees by the will.(^) Where the trustees took the estate in the manner required by the order, they sufficiently represented the interests of the cestuis que trust in adverse suits between strangers on the one hand, and the privies to the trust on the other.(?/) But where the suit was one for the adjustment of the rights of the cestuis que trust, inter se, as a suit for the general administration of a testator's estate, the order did not apply j(r) though (m) Jones v. Del Rio, cited Attorney-General v. Heelis, 2 S. &. S. 16 ; S. C. T. & R. 297 ; Gray v. Chaplin, 2 S. & S. 26T ; see 272 ; Bainbrigge v. Burton, 2 Beav. 539 ; Long v. Yonge, 2 Sim. 385 ; Richardson v. Larpent, 2 Y. & C. Ch. Ca. 507. (m) Evans v. Stokes. 1 Keen, 24 ; Bainbrigge v. Burton, 2 Beav. 539 ; Richard- son v. Larpent, 2 Y. & C. Ch. Ca. 507 ; Newton v. Earl of Egmont, 4 Sim. 574 ; 5 Sim. 130; see 137. (o) Harrison v. Stewardson, 2 Hare, 533. The bill in this ease was by a judg- ment creditor claiming priority over the cestuis que trust and praying a sale. (p) Smart v. Bradstoclv, 7 Beav. 500 ; Bateman v. Margerison, 6 Hare, 496. {q) Savory v. Barber, 4 Hare, 125 ; Ogden v. Lowry, 25 L. J. N. S. (Ch.) 198. (r) Lloyd v. Smith, 13 Sim. 457. (s) Cox v. Barnard, 5 Hare, 25:!. (<) Turner v. Hind, 12 Sim. 414. (m) Osborne v. Foreman, 2 Hare, G59 ; Ward v. Bassett, 5 Hare, 179 ; and see Miller v. Huddlestone, 13 Sim. 468 ; Wilton v. Jones, 2 Y. & C. Ch. Ca. 244. {v) Jones V. How, 7 Hare, 270 ; Miller v. Huddlestone, 13 Sim. 467. April, 1858.— 43 QQQ LEW IN ON THE LAW OF TRUSTS, ETC. legatees whose legacies were charged merely on real estate devised so as tofall within the order were not necessary parties.(?f) The 32nd order of 26th August, 1841, declares that a plaintiff having a joint and several demand against several persons, either as principals or sureties, may sue without bringing before the court all the persons liable, but may proceed against one or more of the persons severally liable. This order has been construed to embrace within it, and indeed was introduced expressly to meet the case of co-trustees concurring in a breach of trust,(:c)and it applies to individual members of a public body of trus- tees as well as to private trustees. (y) But although it may not be neces- sary to have before the court all the co-trustees who joined in the breach of trust, the order does not dispense with the necessity of making the representatives of a person who was the principal in the breach of trust, ^ and reaped the benefit of it, parties to *the suit.(2) And a cestui L -I que trust under a will cannot file a bill against a surviving execu- tor for a general administration of the estate, including relief in respect of a breach of trust committed by the defendant and a deceased execu- tor, without making the personal representative of the deceased co- executor a party. (a) And where a bill is originally filed on the basis of making all the co-trustees liable, the plaintiff cannot afterwards, upon one of the trustees dying,(&) or becoming bankrupt, (c) waive relief against the estate of that trustee, and go on against the other trustees only. And in one case where the bill sought to make several trustees liable, and the plaintiff by examining some of them as witnessses, had precluded himself from obtaining a decree against those so examined, the court would not under the order make a decree against the rest. ((A By 15 & 16 Vict. c. 86, s. 42, rule 1, any residuary legatee, or next of kin, may have a decree for the administration of the personal estate, without making the other residuary legatees or next of kin parties. By rule 2, any person interested in a legacy charged upon or to be paid out of the proceeds of real estate, may have a decree for administration of the estate without serving the other persons interested. By rule 3, any residuary devisee or heir may have the like decree without serving any co-residuary devisee or co-heir. By rule 4, any one cestui que trust may have a decree for administration of the trust without serving the other cestuis que trust.{e) By rule 5, in suits for protection of property pend- ing litigation, and in matters of waste, one person may sue on behalf of all others having the same interest. By rule 6, any executor, adminis- ((<;) Osborne v. Foreman, 2 Hare, 656 ; Ward v. Bassett, 5 Hare, 179. (x) See Kellaway v. Johnson, 5 Beav. 319 ; Attorney-General v. Corporation of Leicester, 7 Beav. 176 ; Strong v. Strong, 18 Beav. 408 ; Norris v. Wright, 14 Beav. 310 ; Perry v. Knott, 4 Beav. 179 ; 5 Beav. 293. {y) Attorney-General v. Pearson, 2 Coll. 581. (2) Perry v. Knott, 4 Beav. 179 ; 5 Beav. 297 ; Shipton v. Rawlins, 4 Hare, 619 ; Jesse V. Bennett, 2 Jur. N. S. 964, 6 De Gex, Mac. & Gor. 609. (a) Biggs v. Penn, 4 Hare, 469 ; Hall v. Austin, 2 Coll. 571. {h) London Gas Light Company v. Spottiswoode, 14 Beav. 264. (c) Fussell V. Elwin, 7 Hare, 29". [d) Attorney-General v. Dew, 3 De Gex & Sm. 488. («) Jones V. James. 9 Hare, Append. Ixxx. PLEADING AND PRACTICE. 667 trator, or trustee may obtain a decree for administration against any one legatee, next of kin, or cestui que trust. But by rule 7, the court in the above cases may require any other persons *to be made parties. r*gr g-, xind by rule 8, in all the foregoing cases, the decree when made L J must be served on all the persons who, according to the practice of the court at that time, and independently of the act, would be necessary parties. By rule 9, in all suits concerning real or personal estate vested in trustees under a will, settlement, or otherwise, such trustees shall repre- sent their cestuis que trust in the same manner as executors or adminis- trators represent the persons beneficially interested in the personal estate. But the court may direct the cestuis que trust to be made par- ties. It is to be observed upon these rules, that although in a large propor- tion of cases the old difficulties as to parties are removed down to the hearing, yet rule 8 still renders a reference to the old practice necessary, though at a difierent stage of the cause. Rule 9 is much more comprehensive than the 30th order of 26th August, 1841, as it comprises trustees appointed not only by a will but by any instrument, and is not confined to trustees for sale merely, but extends to all trustees in whom the estate is vested. It has been held under this rule that trustees can sufficiently represent their cestuis que trust even in redemption(/) and foreclosure suits.(.9') But it is discre- tionary with the court whetlaer the cestuis que triist shall or not be made parties. Where the trustees fill the double character of executors and devisees in trust of the mortgagor, and thus may be supposed to have funds applicable for the purpose of redeeming, the court is disposed to dispense with the presence of the cestuis que trust ;(/i) but where the trustees are trustees of a settlement merely(t) or where the court for other reasons views the trustees as inadequate representatives, it refuses to adjudicate in the absence of the cestuis que trust. (^k^ And where a bill was filed by a settlor to set aside a settlement as having been fraudulently obtained by the trustees, it was *held that the trustees (one of r*ocg-i whom was entitled beneficially under the settlement to one-twelfth L J of the trust fund, subject to a life interest in the plaintiif,) could not be treated as sufficiently representing the cestuis que trust for the purposes of the suit.(^) By the 47th section of the same act any creditor or person interested under the will may apply at chambers for an order of administration where the whole real estate is by devise vested in the trustees, who are empowered to sell, and authorized to sign receipts for the rents and profits and produce of sale. (m) (/) Stansfield v. Hobson, 16 Beav. 189. (g) Sale v. Kitson, 3 De Gex, Mac. & Gor. 119; Hanman v. Riley, 9 Hare, Append, xl. (/<) Hanman v. Riley, 9 Hare, Append, xl. (i) Goldsmid v. Stonehewer, 9 Hare, Append, xxxviii. (k) Cropper v. Mellersh, 1 Jur. N. S. 299 ; Chaffers v. Baker, 5 Weekly Rep. 32C. (Z) Reed v. Prest, 1 K. &. J. 183. (m) See the decisions on the 30th order of August, 1841, the language of which is similar, p. 852, supra. Rump v. Graenhill, 20 Beav. 512; Ogden v. Lowry, 25 L. J. N. S. (Ch.) 198. (368 LEW IN ox THE LAW OF TRUSTS, ETC. By the 51st section the court may adjudicate upon questions in the presence of some only of the parties interested, (n) and as to a portion only of the trust estate,(o) and without taking the accounts. SECTION II. OF THE ORDER AND MANNER IN WHICH THE TRUSTEES AND CESTUIS QUE TRUST OUGHT TO APPEAR UPON THE RECORD, AS WHETHER JOINTLY OR SEVERALLY AS PLAINTIFFS OR DEFENDANTS. In a contest between the trust on the one hand, and a stranger on tlte other, the trustees and ccstuis que trust represent but one interest, and costs must not be multiplied unnecessarily by the severance of them in the suit. It was said by Sir Anthony Hart, that a cestui que trust about to file his bill, ought to apply to his trustee to allow his name to be used as a co-plaintiff. This (he said) the trustee is bound to comply with upon being indemnified against costs. Should the trustee refuse, he would be departing from his duty, and in such a ease would not be entitled to his costs when made defendant, in consequence of his refusal. But where no application is made to the trustee to permit his name to be used as r*8f;7n co-plaintiff, he is in no default, and the cestui que trust would *be L -I bound to pay the costs of the trustee for his unreasonable negli- gence in not having required the trustee to be co-plaintiff. (p) And where there is a just ground of suit, it is the duty of a trustee to allow himself to be made a co-plaintiff. (5) Upon the same principle, where a trustee and cestui que trust are made defendants in the same right, as they have an identity of interest they ought not to split the defence, and file separate answers ;(r) not that a trustee and his cestui que trust can be compelled to join in their de- fence 5(.s) but if they do not they will be mulcted in costs, as only one set of costs will be decreed against the plaintiff. (^) In suits between trustees and cestuis que trust, inter se, it is equally the rule that all the cestuis que trust in the same interest should sue as co-plaintiffs •,h(\ or if the bill is by a trustee that he should join his co- trustees with him, unless there be some special circumstance demanding a severance. So, as a general rule, in suits of every description, joint trustees should make a joint defence, and if they put in separate answers, one set of costs only will be allowed, which, if they be equally in fault, will be appor- («) See Doodj v. Higgins, 9 Hare, Append, xxxii. (0) Prentice v. Prentice, 10 Hare, Append, xxii. (p) Reade V. Sparks, 1 Moll. 8, II ; but see Browne v. Lockhart, 10 Sim. 426. (q) Hughes v. Key, 20 Beav. 395. (r) Reade V. Sparks. 1 Moll. 10, 12, per Sir. A. Hart ; 'Woods v. Woods, 5 Hare, 229 ; Farr v. Sheriffe, 4 Hare, 528. h) Van Sandau v. Moore, 1 Russ. 441 ; reversing S. C. 2 S. & S. 509. (t) Cuddy V. WaldroD, I Moll. 14; Homan v. Hague, 1 Moll. 14; Galwav v. Butler, 1 Moll. 13. (m) See Hosking v. Nicholls, 1 Y. & C. Ch. Ca. 478. PLEADING AND PRACTICE. 669 tioned amongst them.(v) But if there be two trustees, and one be willing to join, and the other refuse, who afterwards puts in an answer, and shows no reason for his refusal, the single costs allowed will be given exclusively to the trustee who expressed a willingness to join.(i^) And where two trustees severed in their defence one of whom was charged with miscon- duct, the court held that the innocent trustee was justified in severing, and while allowing one set of costs gave the whole of them to him. (a;) However, *where the court sees there is a substantial reason for ^,,.0^0-, it, as where one trustee has a personal interest which conflicts L J with his duty as trustee, or where one can admit facts which the other believes not to be true,(.y) or where the co-trustees reside at such a dis- tance from each other that a joint answer is impracticable,('z) or where other special grounds exist,(a) the several trustees will be allowed to put in separate answers, and each will be allowed his full costs. K feme covert entitled to her separate use cannot join her husband as co-plaintiff, but must sue by her next friend, making her husband a defendant, who, under such circumstances, will be entitled to his costs •,[h\ and if she be made a defendant in respect of such an interest, she should obtain an order to defend separately. (c) But the mere fact of a femn covert living apart from her husband, does not entitle her to appear separately at the costs of a trust estate under administration, where the interest which she claims is not settled to her separate use.(fZ) SECTION III. OF DISTRINGAS. In the case of stock transferable in the books of the Bank of England, and also in the case of the stock and shares of many other public com- panies, no obligation exists on the part of the bank or public company to look beyond the title of the legal holder. The modern form of legislative enactment on the subject is usually to the effect that the company '< shall not be *bound to see to the execution of any trust, whether ex- |.^„^„ press, implied, or constructive." (e) Where, therefore, property L J of this description is held upon trust, the interests of the cestui que trust are peculiarly liable to be endangered by the dishonesty of the trustee ; (y) Nicliolsou v. FalLdner, 1 Moll. 559, per Sir A. Hart ; Gaunt v. Taylor, 2 Beav. 347, per Lord Langdale. (w) Young V. Scott, 1 Jones, Ir. Exch. 71 ; and see Attorney-General v. Cuming, 2 Y. & C. Ch. Ca. 156. (z) Webb V. Webb, IG Sim. 55. (y) Gaunt v. Taylor, 2 Beav. 346. (z) Aldridge v. Westhrook, 4 Beav. 212 : Dudgeon v. Gornilcy, 2 Conn. & Laws. 422 : Nicholson v. Falkiner, 1 Moll. 560 ;' Wiles v. Cooper, 9 Beav. 294; but see Farr v. Sheriffe, 4 Hare, 528. (a) Anon, case, cited Barry v. Woodham, 1 Y. & C. 538 ; Nicholson v. Falkiner, 1 Moll. 555, see 560 ; Reade v. Sparkes, 1 Moll. 10, per Sir A. Hart ; Kampfv. Jones, C. P. Cooper's Rep. 1837-38, 13 ; and see Walsh v. Dillon, 1 Moll. 13. (b) Thorby v. Yeats, 1 Y. & C. Ch. Ca. 438. (c) See Norris v. Wright, 14 Beav. 303 ; and p. 633, supra. (d) Garey v. Whittiugham, 5 Beav. 270; and see Barry v. Woodham. 1 Y. & C. 538. (e) 8 Vict. c. 16, s. 20. G70 LEWIN ON THE LAW OF TRUSTS, ETC. and, indeed, but for the means of protection now abo'ut to be explained, would be almost entirely at his mercy. The distrinQas was originally a process of the equity side (now abolished) of the court of exchequer for compelling the appearance of a corporation to a bill filed, but formerly it was a common practice, more particularly in any emergency, to issue a subpoena before the bill was actually on the file. When, therefore, a party sought to restrain a transfer of stock, before he filed the bill against the holder of the stock and the bank (who were then necessary parties,) to prevent any mischief in the interim he served process immediately on the secretary of the bank to appear to the bill. But as the form of disti-ingas gave no information as to the stock to be restrained, the distringas was accompanied with a notice in writ- ing, which specified the stock, and required the bank not to permit the transfer. The efi'ect of this was, that if the holder of the stock applied to the bank to make a transfer, the bank immediately forwarded a notice to the party issuing the distringas, that unless he actually filed a bill, and obtained and served an injunction before a certain day, they should permit the transfer to be made. The 4 Anne, c. 16, s. 22, declared that no subpoena or other process for appearance should issue until after the bill was filed; and the 39 & 40 Gr. 3, c. 36, enable suitors to obtain an injunction against the bank, without making the bank a party. However, in practice the distringas still continued to be served on the bank, and the same attention was paid to it in not allowing a transfer. The convenience of the distringas was so sensibly felt, from the fre- quent necessity of laying an embargo upon stock at a moment's notice, that when the 5 Vict. c. 5, abolished the equity side of the exchequer, r*8601 ^* ^^^ thought expedient to *transfer the process to the court of ■- J chancery, and enlarge the remedy. Accordingly, by section 4 of the act referred to, it was by way of additional remedy enacted, that <' it should be lawful for the court of chancery, upon the application of any party interested, by motion or jjefition, in a summary way without bill fled, to restrain the Bank of England or other company, whether incorporated or not, from permitting the transfer of any stock in the public funds, or any stock or shares in any public company, or from paying any dividend or dividends due or to become due thereon ; and every order of the court upon such motion or petition should specify the amount of the stock, or the particular shares to be afi"ected thereby, and the name or names of the person or p>ersons, body politic or corporate, in which the same should be standing." An application to the court under this section must be founded upon an affidavit verifying the special grounds upon which it proceeds.(/) And when the order has been made, as it was not the intention of the legisla- ture to do more than protect the stock until the party could assert his right in the ordinary way, if the opposite party move to dissolve the injunction, and the court sees that there has been great neglect on the part of the person who obtained the order, and that any extension of (/) Ex parte Field, 1 Y. & C. Ch. Ca. 1 ; Re Marquis of Hertford, 1 Hare, 586. I PLEADING AND PRACTICE. (371 time would be oppressive to the party restrained, it will not as of course give further time for filing the bill.(^) When a bill has been filed, and an answer put in, and the defendant moves to discharge the restraining order, the plaintiff may file affidavits in opposition to the answer, and is not confined to the merits disclosed in the answer. ^7i) By section 5 of the act it is thus enacted^ " In the place and stead of the writ of distringas, as the same has been heretofore issued from the court of exchequer, a writ of distringas in the form set out in the sche- dule to the act shall be issuable from the court of chancery, and shall be sealed at the subpoena *office, and the force and efi"ect of such r-;^n.?i-i writ, and the practice under or relating to the same, shall be such •- -i as is now in force in the said court of exchequer ; provided, nevertheless, that such writ, and the practice under or relating to the same, and the fees and allowances in respect thereof, shall be subject to such orders and regulations as may, under the provisions of this act, or of any other act now in force, or under the general authority of the court of chancery, be made with reference to the proceedings and practice of the court of chancery." In the schedule to the act, the form of the writ is as follows : " Victo- ria, &c., to the sherifis of London greeting. We command you that you omit not, by reason of any liberty, but that you enter the same, and dis- train the governor and company of the Bank of England by all their lands and chattels in your bailiwick, so that they, or any of them, do not intermeddle therewith until We otherwise command you ; and that you answer us the issue of the said lands, so that they do appear hefore tis in our High Court of Chancery on the day of , to answer a certarin hill of comjilaint lately exhibited against them and other defen- dants before us in our said court of chancery by complai- nant ; and further, to do and receive what our said court shall then and there order in the premises, and that you then leave there this writ. Witness &c." The act, as we have seen, empowered the court to regulate the prac- tice of the distringas, and orders were issued in consequence to the following effect : — 1. That any person claiming to be interested in any stock transferable at the Bank of England may by his solicitor prepare a writ of distringas in the form set out in the schedule to the act, and present the same for sealing at the subpoena office. (i) 2. That such person must, before the writ is sealed, leave at the sub- poena office an affidavit sworn by him or his solicitor in the following form : — (Jc) *" A. B." (the name of the party or parties in whose behalf r^oppn the writ is sued out) " v. the Governor and Company of the Bank L "^J of England." (ff) In re Marquis of Hertford. 1 Hare, 584. See same case, 1 Phil. 203. (h) In re Marquis of Hertford,! Phil. 203. See now 15 & 16 V. c. 86, s. 59. (i) 1 Order of 17 Nov. 1841, 3 Beav. xxxiii. (k) 2 Order of 17 Nov. 1841, 3 Beav. xxxiii; and Order of Dec. 10, 1841, cor- recting the form of afiBdavit at the foot of the Orders of the 17 Nov. 1841, ib. xxxviii. 672 LEWIN ON THE LAW OF TRUSTS, ETC. « J , of , do solemnly swear, that, according to the best of my knowledge, information, and belief, I am" (or if the affidavit is made by the solicitor, ''A. B. of , is) beneficially interested in the stock hereinafter particularly described, that is to say" (here specify the amount of the stock to be affected by the writ, and the name or names of the person or persons, or body politic or corporate, in whose name or names the same shall be standing.) 3. That such writ of distringas, and all process thereunder, may be discharged by order of the court, to be obtained, as of course, by the party on whose behalf the writ was issued ; and to be obtained upon the application by motion or petition of any other person claiming to be interested in the stock sought to be affected. And power is given to the court to deal with the costs as may seem just.(?) 4. <'That the bank having been served with such writ of distringas, and a notice not to permit the transfer of the stock in such notice and in the said affidavit specified, or not to pay the dividends thereon, and having afterwards received a request from the party or parties in whose name or names such stock shall be standing, or some person on his or their behalf, or representing him or them, to allow such transfer, or to pay such dividends, shall not by force, or in consequence of such distringas, be authorized without the order of the court to refuse to permit such transfer to be made, or to withhold payment of such dividends for more than eight days after the date of such request." (^ni^ 5. That the patentee of the subpoena office shall cause the affidavit to be filed and registered at the office of the clerk of the affidavits. (?<) The present course, therefore, is this. The solicitor of the party P^opq-| seeking the distringas prepares a writ of distringas in *the«form L -I required by the act, and the party or his solicitor swears an affi- davit in the form required by the general order. The writ and affidavit are then taken to the subpcena office, the former to be sealed, and the latter to be left for filing. A notice in writing is then prepared that the bank is not to permit the transfer of the stock or payment of the dividends upon which the restraint is sought, and the distringas and notice are then served on the secretary of the bank. The result is, that when the holder of the stock requests a transfer of the stock or payment of the dividends, the bank immediately forwards a notice to the party who issued the distringas, that unless he file a bill and obtain and serve an injunction within eight days from the date of such request, the trans- fer or payment will be made. The party must, of course, be then upon the alert to file a bill and obtain and serve the injunction before the eight days have expired. Between the remedy given by the 4th section and that given by the 5th section of the act, the following distinctions exist. The former applies not merely to stock in the funds, but to stock and shares of public com- panies, whether incorporated or not ; while the latter (whether inten- tionally or not may be doubted) is, by the joint effect of the schedule to the act of parliament and of the orders of the Court of Chancery before (l) 3 Order of H Nov. ] 841, 3 Beav. xxxiv. [m) 4 Order, ib. xxxiv. (n) 5 Order of same date, 3 Beav. xxxiv. PLEADING AND PRACTICE. 673 referred to, confined to stock transferable at the Bank of England. Again, the distringas under the 5th section may be, and is in fact, fre- quently obtained, not from any fear of immediate danger, but as a general safeguard merely •,{o\ whereas a special case must be made in order to obtain a restraining order under the 4th section. Qj) It is, indeed, much to be regretted that this extremely useful process should be limited in its application to stock in the public funds and government annuities. As respects stock in the funds, the distringas under the 5th section, and the restraining order under the 4th section, may both occasionally be resorted to should circumstances require it ; for the adoption of either remedy is not an election of the *one to the exclusion of the i-jicof^^-i other.(g') "■ The 4th clause," said Sir J. Wigram, " was intended L J for interim purposes to protect stock until the party claiming it should have an opportunity of asserting his rights by bill in the ordinary way, an opportunity often wanting from the facility with which that species of property is transferred from hand to hand, and which the common dis- tringas, preserved by the 5th section, does not in all cases afford. A distringas remains ^qu. restrains] only at the discretion of the bank. The restraining order, which the 4th section enables the court to grant, is imperative; it continues so long as the court sees fit to direct, and can only be discharged in the meantime upon the application of the parties interested. Cases might arise in which from the discovery of new matter after a distringas had issued, or from the bank peremptorily, but errone- ously refusing to notice a distringas, or perhaps from other causes, the party who obtained that writ might notwithstanding, upon a full disclo- sure of the facts in a case of merits and urgency, entitle himself to a restraining order under the 4th section. 'Y?) SECTION IV. OF COMPULSORY PAYMENT INTO COURT. The rule as laid down by Lord Eldon, and which has ever since been acquiesced in, is, that to call for payment of money into court, « the plaintiff must either be solely entitled to the fund or have acquired in the icliole of the fund such an interest, together tvith others, as entitles him on his own behalf, and the hehalf of those others, to have the fund secured in court."(s) It is not indispensable that the plaintiff should be the person exclusively interested ; but if he have a partial interest, it is enough, provided all the other persons interested *in the fund r:);^^^,--] are before the court,(^) and the court may and occasionally will L " J make orders for payment into court, although some of the persons inte- (o) See Etty v. Bridges, 1 Y. & C. Ch. Ca. 486. (p) Note (/), p. 860, supra. (q) In re Marquis of Hertford, 1 Hare, 584 ; 1 PhiL 129. (r) In re Marquis of Hertford, I Hare, 590. (4 Freeman v. Fairlie, 3 Mer. 29 ; and see Dubless v. Flint, 4 M. & C. 502 ; M'Hardy v. Hitchcock, 11 Bear. 77. (i) Whitemarsh v. Robertson, 4 Beav. 26 ; Bartlett v. Bartlett, 4 Hare, 631 ; but see Ross v. Ross, 12 Beav. 89. 674 LEWIN ON THE LAAV OF TRUSTS, ETC. rested in the money are not before it.(«) And where, under the new practice the other persons interested are not necessary parties to the suit, payment into court may be obtained without service on them of the notice of motion -Jv) but where the cestuis que trust had been served with a copy of a bill for the appointment of new trustees which prayed a trans- fer to the new trustees, the court held that they must be served with notice of a motion to transfer the fund into court.((/-) If the defendant admits himself to be a trustee, but it remains to be ascertained whether he is a trustee for the plaintiff or for other parties, the plaintiff may move upon his possible title, where all persons are before the court among whom there will be found some one who is entitled.(a:) |co>-a-| perly protected, a receiver will be granted at his instance if it can L J be shown that the trustee has been guilty of misconduct, waste, or impro- per disposition of the trust estate, (:x-) or that the fund is in danger from his being in insolvent circumstances,^?/) or a bankrupt,^^) or that one trustee has misconducted himself, and the other consents to the order, (a) or is incapacitated from acting,(i) or that the executor is a person of bad character, drunken habits, and great poverty.(c) And a receiver has been appointed where the executrix was a feme covert, and the husband, besides being in indifferent circumstances, was out of the jurisdiction, for in such a case, said the court, if the executrix waste the assets or refuse payment, the party aggrieved had no remedy, as the husband must be joined in the action. (ci!) And a receiver has been ordered when four trustees had been named in a will and one died, and another was abroad, and the third had scarcely interfered in the trust, and the fourth submitted to a receiver by his answer.(e) In another case the three trustees disagreed, and a receiver was appointed. (/) The order was taken by arrangement between the parties, but the court had previously expressed its opinion that, unless the trustees could agree, a receiver must be appointed. And the court will grant a receiver at the instance of the cestui que trust, when the single trustee is, or all the trustees are, out of the jurisdiction. ((7) (m) Wyatt V. Sharratt, 3 Beav. 498 ; Score v. Ford, 1 Beav. 333. (v) Brodie v. Barry, 3 Mer. 695 ; Beaumont v. Beaumont, cited lb. 696 ; see Browell v. Reid, 1 Hare, 435. (iv) Manners v. Furze, 11 Beav. 30 ; Tylee v. Tylee, 17 Beav. 583. (x) Anon. 12 Ves. 5, per Sir W. Grant ; and see Middleton v. Dodswell, 13 Ves. 266; Howard v. Papera, 1 Mad. 142 ; Richards v. Perkins, 3 Y. & C. 299 ; Evans V. Coventry, 5 De G. M. & G. 911. (y) Scott V. Becher, 4 Price, 346; Mansfield v. Shaw, 3 Mad. 100; and see Anon. 12 Ves. 4; Middleton v. Dodswell, 13 Ves. 266 ; Havers v. Havers, Barn. 23. (z) Gladden v. Stoueman, 1 Mad. 143, note ; Langley v. Hawk, 5 Mad. 46. (a) Middleton v. Dodswell, 13 Ves. 266. (6) Bainbrigge v. Blair, 3 Beav. 421. (c) Everett v. Prythergch, 12 Sim. 367, 3G8. (d) Taylor v. Allen, 2 Atk. 213. (e) Tidd v. Lister, 5 Mad. 429. (/) Day v. Croft, May 2, 1839, M. R. {g) Noad v. Backhouse, 2 Y. & C. Ch. Ca. 529 ; Smith v. Smith, 10 Hare, App. Ixzi. 678 LEWIN ON THE LAW OF TRUSTS, ETC. But the court is not in the habit of granting a receiver, and L "'■'•J so taking the administration out of the hands of the trustees, the natural curators of the estate, upon very slight grounds. (A) Thus it is no sufficient cause for a receiver that one of several trustees has dis- claimed, (i) or is inactive, or gone abroad. {k'^ Nor is it a sufficient cause that trustees are in mean (not insolvent) circumstanees,(^) or being trustees for sale have let the purchaser into possession before they have received the purchase-money, for the court will not necessarily infer this to be misconduct, (m) When a receiver is appointed under the authority of the court, he is appointed for the benefit of all parties interested, and therefore will not be discharged merely on the application of the party at whose instance the order was made.(?i) However, when a receiver had been appointed on the application of the plaintiif, the tenant for life, on the ground of the misconduct of one of the trustees and the incapacity of the other, and afterwards three new trustees were appointed by the court, who, on a motion by the plaintiff to discharge the receiver, undertook to receive the rents and pass their accounts half-yearly before the master, in the same way as a receiver, the court said it was not proposed to deprive one party of the protection of the receiver, but merely to substitute the trustees in his place ; that the tenant for life ought not unnecessarily to be charged with the costs of a receiver ; that it was not intended to put the owner in possession ; that if any objections were shown to the trustees the application would be refused, but in the absence of such objections it was a reasonable request, and the order for discharging the receiver was made.(o) [*872] *SECTION VI. or COSTS OF SUIT. I. As between strangers on the one hand, and trustees and cesfuis que trust on the other. In these cases, the trustee is on no better footing than any ordinary plaintiff or defendant, for the circumstances of the trust cannot be allowed to affect the interest of a third person. (j;) Thus on a bill by a stranger for specific performance of a contract, the vendor or trustee for sale must, if he cannot make a title, pay the costs of the suit agreeably to the general rule. (5) So where trustees or executors are brought before the court as necessary {h) See Middleton v. Dodswell, 13 Ves. 268 ; Barkley v. Lord Reay, 2 Hare, 306. (i) Browell v. Reid, 1 Hare, 434 ; but see Tait v. Jenkins, 1 Y. & C. Ch. Ca. 492. {k) Browell v. Reid, 1 Hare, 435, per Sir J. Wigrara. {l) Anon. 12 Ves. 4 ; Howard v. Papera, 6 Mad. 142 ; and see Hathornthwaite V. Russell, 2 Atk. 126. In Havers v. Havers, Barn. 23, the court considered mis- application probable. (m) Browell v. Reid, 1 Hare, 434. (n) Bainbrigge v. Blair, 3 Beav. 423, per Lord Langdale. (0) Bainbrigge v. Blair, 3 Beav. 421, 423, 424 ; and see Poole v. Franks, 1 Moll, ""v , „ , , (P) Burgess v. Wheate, 1 Ed. 251, per Lord Northington. (q) hdwards v. Harvey, Coop. 40 ; and see Hill v. Magan, 2 Moll. 460. PLEADING AND PRACTICE. 679 parties by a stranger, if the trustees or executors contest the claims of the plaintiff, and the plaintiff recover in the suit, they are not entitled to their costs ; but if they submit the point to the court, they will be decreed their costs. (r) If a plaintiff /a ;7 in his suit, but stands in so hard a case that he ought not to imy any costs, the court will not oblige him to pay the costs of a defendant because he happens to sustain the character of trustee. (s) In a bill of foreclosure against the mortgagor and his trustee to bar dower, the trustee is not entitled to his costs as against the mortgagor.(^) Where the bill of a stranger is dismissed with costs, a trustee, who is a defendant, will not, as is usual between trustee and cestui que trust, be ordered his costs as between attorney and client, but only as between party and party. (?t) If a creditor file a bill against an executor for payment of a debt, the rule which prevails at law is not also the rule of equity, viz., that if the creditor recover he shall be entitled to *his costs de bonis r^orjo-, testatoris, and if there be none, then de bonis propriis of the L J executor ; for the consideration of costs in equity rests entirely in the discretion of the court. (i') As the law formerly stood, if the assets were not sufficient to cover both the debt and the costs, the executor was not decreed to pay costs,(r(j) unless he had misconducted himself, as by having satisfied simple con- tract debts in preference to debts upon specialty, (a:) But he was not entitled to retain his own costs out of the assets in preference to the claims of the plaintiff.(3/) And if a bill had been filed by a specialty creditor, and the specialty debt had exhausted the personal assets, the executor could not have claimed to be reimbursed out of the real estate to the prejudice of the testator's heir;(5;j for the executor, it was said, should have considered the risk before he applied for the probate. (a) But now the practice is that the executor shall have his own costs in the first place, even as against the plaintiff, for the court will not take the fund out of his hands until his costs are paid.(Z*) II. Of costs as between trustees and cestuis que trust, inter se. The general rule is that a trustee shall have his costs of suit awarded him at the hearing either out of the trust estate, or to be paid by his cestui que trust.(c'^ And if there be a fund under the control of the (r) Rashley v. Masters, 1 Ves. jun. 201, see 205. (s) Brodie v. St. Paul, lb. 326, see 334. {(} Horrocks v. Ledsam, 2 Coll. 208. (u) Mohun V. Mohun, 1 Sw. 201 ; Saunders v. Saunders, 5 Weekly Rep. 479. (v) Twisleton v. Thelwel, Hard. 165 ; Uvedale v. Uvedale, 3 Atk. 119; but see Davy T. Seys, Mos. 204. (w) Twisleton v. Thelwel, ubi supra ; Morony v. Vincent, 2 Moll. 461. (x) Jefferies v. Harrison, 1 Atk. 468 ; and see Bennett v. Attkins, 1 Y. & C. 247 ; Wilkins x. Hunt, 2 Atk. 151. ((/) Humphrey v. Morse, 2 Atk. 408 ; Sandys v. Watson, 2 Atk. 80 ; and see Adair v. Shaw, 1 Sch. & Lef. 280. (z) Uvedale v. Uvedale, 3 Atk. 119 ; and see Nash v. Dillon, 1 Moll. 237. (a) See Uvedale v. Uvedale, 3 Atk 119 ; Humphrey v. Morse, 2 Atk. 408. (b) Bennet v. Going, 1 Moll. 529 ; Tipping v. Power, 1 Hare, 405 ; Ottley v. Gilbv, 8 Beav. 603 ; Tanner v. Dancey, 9 Beav. 339. (c) 1 Eq. Ca. Ab. 125, note (a) ; Hall v. Hallet, 1 Cox, 141, per Lord Thurlow ; Attorney-General v. City of London, 3 B. C. C. 171 ; Norris v. Norris, 1 Cox, 183 ; 680 LETVIN ON THE LAW OF TKUSTS, ETC. f court (but in t^eneral not otherwise,(c7)) he will have his costs as [*874] ^jet^egn solicitor and client.(e) If it appear upon the pleadings or the court be otherwise satisfied that the trustee has sustained charges and expenses beyond the costs of suit, the court will at the same time order him his costs, charges, and expenses properly incurred. If the trustee be a solicitor, the court will not declare that the trustee shall have his costs out of pocket only, but will give him his costs as between solicitor and client in the usual way, and leave it to the taxing officer to deal with the effect of the order.(/) Even where the trustee did not appear at the hearing, and a decree nid was made against him, and the trustee set down the cause again, and prayed to have his costs of the suit upon his paying the costs of the day. Lord Kenyon said, "The payment of the costs of the day makes the trustee rectum in curia ; and as he would most unquestionably have been entitled to his costs if he had appeared at the original hearing, so he now stands in the same situation, and is therefore entitled to his costs."(^) But if the decree has been paused, a trustee who has omitted to ask for his costs at the hearing cannot have the cause re-heard upon the subject of costs only, and cannot obtain an order for payment of his costs upon presenting a petition. (/«) If a person named as trustee be made defendant to a suit, and by his answer disclaim the trust, the bill will be dismissed as against him with costs -M) but not with costs as hctwecn solicitor and client ; for, having refused to accept the office, he stands in the light of any ordinary defend- ant -Alx) and if his answer be unnecessarily long, he will only be allowed the reasonable costs of a disclaimer. (^) r*S'-p;n *If a person be a trustee of a deed void as against creditors, L -I or on other grounds, he is entitled to his costs if the plaintiff by praying a conveyance by the trustee elect to treat him in that charac- ter. (m) But if the deed contain a false recital, for the purpose of mis- leading bona fde creditors, the trustee, on a bill to set it aside, will not have his costs. (n) 2. If any particular instance of misconduct, or a general dereliction of duty in the trustee, (o) or even his mere caprice and obstinacy, (p) be Sammes v. Rickman, 2 Ves. jun. 38, per Lord Chief Baron Eyre; Rashley v. Mas- ters, 1 Ves. jun. 201 ; Roche v. Hart, 1 1 Ves. 58 ; Maplett v. Pocock, Rep. t. Finch, 136. Landen v. Green, Barn. 389 ; Taylor v. Glanville, 3 Mad. 176, &c. [d) Edenborough v. Archbishop of Canterbury, 2 Russ. 112 ; but see Attorney- General V. Cuming, 2 Y. & C. Ch. Ca. 155. {e) Mohun v. Mo'hun, 1 Sw. 201, per Sir T. Plumer ; Moore v. Frowd, 3 M. & C. 49, per Lord Cottenhani. (/) York V. Brown, 1 Coll. 260. {g) Norris v. Norris, 1 Cox, 183. [h) Colraan v. Sarell, 2 Cox, 206. (j) Hickson v. Fitzgerald, 1 Moll. 14. (k) Norway v. Norway. 2 M. & K. 278, overruling Sherratt v. Bentley, 1 R. & M. 655. {I) Martin v. Persse, 1 Moll. 146. (w) Snow V. Hole, V. C. of England, March 8, 1845. (■«) Turquand v. Knight, 14 Sim. 643. (o) Attorney-General v. Robert, Rep. t. Finch, 259 ; Earl Powlet v. Herbert, 1 Ves. jun. 297 ; Caflrey v. Darby, 6 Ves. 4S8 ; Littlehales v. Gayscoyne, 3 B. C. C. 73; Ashburnbam v. Thompson, 13 Ves. 402; Hide v. Haywood', 2 Atk. 126; Adams v. Clifton, 1 Russ. 297 ; Mosley v. Ward. 11 Ves. 581 ; Piety v. Stace, 4 {p) See next page, for note (/>). PLEADING AND PRACTICE. 681 the iiniuediate cause why the suit was instituted, the trustee, on the charge beiug substantiated against him, must pay the costs of the pro- ceedings his own improper behaviour has occasioned. And where two executors had kept hirge balances in their hands for a great length of time, and one of them had become insolvent, the court decreed each of them to be liable for the costs of the u-hole suit.(2') But where a bill was filed charging the trustee with a breach of trust both as to realty and personalty, and the charge failed as to the former but succeeded as to the latter, the court said, it was scarcely possible to suppose that the trustee should be permitted to have his costs, but it would be injustice to make him pay the whole costs, as one part of the bill had failed. (r) ^Trustees for sale had purchased in the name of a trustee at rxcOTp-i an undervalue, but without any imjnitation of fraud, and hy ^ ^ -I auction. As to so much of the suit as related to calling upon the trus- tees to submit to a resale, and the directions consequential thereon, the court gave relief against the trustees uuth costs ; but as to the accounts that must have been taken had the sale been unimpeachable, the trus- tees were allowed their costs, (s) If the suit was occasioned by the mistake, or some slight neglect of the trustee, the court will content itself with not giving him costs, (^) or will punish him with j:)a^me?i^ of part of the costs only,(«) or will even give him his costs. (v) And where a suit was mainly occasioned by the breach of trust of a trustee, though he was deci-eed to pay the costs up to the hearing, yet he was held entitled to his subsequent costs relating to the ordinary taking of the accounts. (?o) 3. If the bill filed did not originate from any necessity of inquiring into the conduct of the trustee, but in the course of the proceedings instituted upon other grounds, it appears the trustee has in some parti- cular instance been guilty of a breach of trust, the court will not award against the trustee the costs of the ichole cause, but only of so much of Ves. 620 ; Seers v. Hind. 1 Ves. jun. 294 ; Fell v. Lutwidge, Barn. 319, see 322; Brown v. How, Barn. 354, see 358 ; Sheppard v. Smith, 2 B. P. C. 372 ; Haber- dashers' Company v. Attorney-General, 2 B. P. C. 370; Fr.anklin v. Frith, 3 B. C. C. 433 ; Whistler V. Newman, 4 Ves. 129; Stacpoole v. Stacpoole, 4 Dow. 209. Crackett v. Bethune, 1 J. & W. 586 ; Baker v. Carter, 1 Y. & C. 252, per Lord Abinger, C. B. ; Hide v. Haywood, 2 Atk. 120 ; Wilson v. Wilson, 2 Keen, 249 ; Attorney-General v. Wilson, 1 Cr. & Phil. 1 ; Lyse v. Kingdon, 1 Coll. 184. (j9) Taylor v. Glanville, 3 Mad. 178, per Sir J. Leach ; Jones v. Lewis, I Cox, 199 ; Earl of Scarborough v. Parker, 1 Ves. jun. 267 ; Kirby v. Mash, 3 Y. & C. 295 ; Thorby v. Yeats, 1 Y. & C. Ch. Ca. 438 ; Hampshire v. Bradley, 2 Coll. 34 ; Penfold V. Bouch, 4 Hare, 271 ; and see Burrows v. Greenwood, 4 Y. & C. 251. (§') Littlehales v. Gascoyne, 3 B. C. C. 73. {r) Pocock V. Reddington, 5 Ves. 800. (s) Sanderson v. Walker, 13 Yes. 601. (<) O'Callagan v. Cooper, 5 Ves. 117 ; Mousley v. Carr, 4 Beav. 49 ; Attorney- General V. Drapers' Company, lb. 71 ; Devey v. Thornton, 9 Hare, 222. (m) East V. Ryal, 2 P. W. 284. \v) Taylor v.'Tabrum, 6 Sim. 281 ; Flanagan v. Nolan, 1 Moll. 84 ; Travers v. Townsend, lb. 496 ; Attorney-General v. Caius College, 2 Keen, 150; Bennett v. Atkins, 1 Y. & C. 247 ; Fitzgerald v. O'Flaherty, 1 Moll. 347 ; Attorney-General V. Drummond, 2 Conn. & Laws. 98 ; Royds v. Royds, 14 Beav. 54. {w) Hewett v. Foster, 7 Beav. 348. April, 1858. — i4 682 LEWIN ON THE LAW OF TRUSTS, ETC. 1 it as connects itself with his misconduct, and as to the rest of the suit will allow him his costs. (i-) An executor, instead of accumulating a fund as directed by the will, had improperly kept the balance in his hands ; but, as the amount of costs had in great measure been occasioned by the inquiry what rule the court ought to adopt with respect to *the computation of interest, C*^'^] it was thought hard under the circumstances to fix the executor with payment of costs even relatively to the breach of trust ; and there- fore the court gave no costs. (.y) As to one part of the suit, the trustee ought from his misconduct to have paid the costs, and, as to another, to have beeen alloiccd his costs ; and the court by a kind of compromise, left each party to pay his own costs. (z) Where the breach of trust is trivial, the court may overlook it alto- gether, and give the trustee his whole costs. (a) 4. If a trustee have a private interest of his own separate and inde- pendent from the trust, and oblige the cestui que trust, to come into a court of equity merely to have some point relating to the trustee's pri- vate interest determined at the expense of the trust, that is such a vexa- tious proceeding in the trustee, that, for example's sake, he will bo decreed to pay the costs of the whole suit.(?^) 5. If on a bill for an account the defendant says in his answer he believes the plaintiff is considerably indebted to him, and after a long investigation it proves the defendant i.s considerably indebted to the plaiutiflP, the trustee, thus daring the plaiTitifF to his account, will be decreed to pay the costs. (c) And if the balance be in favour of the trustee, but far below what he had stated in his answer, he will not be entitled to have his costs, (fH or at least not the costs of the account H Mi itself, (e) A trustee will be fixed with costs if he wilfully misstate the accounts, (/) or if, by any chicanery in his answer, he keep the cestui que trust from a true knowledge of the accounts,(^) or even if he have kept the accounts r*Q7Sl ^" ^ ^^^y confused *manncr.(7() And an executor will be liable L -I to pay costs if he deny assets, and the contrary be established against him. (A Where a corporation filling the character of trustees for a grammar school by their answer pleaded ignorance of the claims of the charity, and the information was afterwards elicited from the documents scheduled to their answer, as the court inferred from such conduct a disposition to (x-) Tebbs v. Carpenter, 1 Mad. 200, see 308 ; Newton v. Bennet, 1 B. C. C. 359 ; Pride v. Fooks, 2 Bear. 430; Heighington v. Grant, 1 Phil. 600. (?/) Raphael v. Boehm, 13 Yes. 592. (z) Newton v. Bennet, 1 B. C. C. 3G2. {a) Fitzgerald v. Pringle, 2 Moll. 534; Bailey v. Gould, 4 Y. & C. 221; see 225 ; Knott v. Cottee, IG Bear. 77 ; Cotton v. Clark, 16 Beav. 134. {h) Henley v. Philips, 2 Atk. 48. (c) Parrot v. Treby, Pr. Ch. 254. (d) Attorney-General v. Brewers' Company, 1 P. W. 376. (c) Fozierv. Andrews, 2 Jones & Lat. 199. (/) Shepi.ard v. Smith, 2 B. P. C. 372 ; and see Flanagan v. Nolan, 1 Moll. 86. {g) Avery v. Osborne, Barn, 349 ; Reech v. Kennegal. 1 Yes. 123. {h) Norbury t. Calbeck, 2 Moll. 461. (/) Sandys v. '\Yatson, 2 Atk. 80. 1'^ I PLEADING AND PRACTICE. 683 obstruct and defeat the ends of justice, tlie corporation was decreed to pay the costs of the suit.(/.-) And a corporation similarly circumstanced was punished in the same manner where, the court having directed the production of certain docu- ments, it was afterwards discovered that a very material one had been suppressed. (?) 6. The costs of the suit will be cast upon the trustee, if, in his answer, he set up a title of his own, and make an ill defence ;(m) and he will not be allowed to have his costs if he set up any trust different from what it actually is.(?i) An executor sued by the next of kin had put the plaintiffs to the proof of their relationship, and the fact not admitting a doubt the exe- cutor was fixed with the costs of the inquiry. (o) 7. It was laid down as a rule by Lord Thurlow, that " where he was obliged to give interest against executors as a remedy for a breach of trust, costs against them must follow of course ;"(jj) but Sir W. Grant said, " that was a proposition to which he was not quite prepared to accede, as there might be many cases in which executors must pay interest, which would not be cases for costs ',"{q) and the existence of any *such rule has since been denied •,[r) and where the trustee pgyg-i has not misconducted himself, but on a cestui' s que trust bill L J against him for an account has been decreed to pay costs, he has been allowed his general costs of suit, excluding the costs incurred in taking the account in which the trustee failed.(s) The meaning of Lord Thur- low probably was, that where the suit was occasioned by the miscon- duct of the trustee, and the charge against him was shown to be well founded by the court's fixing him with interest, the costs of the suit in that case would be consequential upon the relief. (<) {k) Attorney-General v. East Retford, 2 M. & K. 35. (/) Borough of Hertford \. Poor of same Borough, 2 B. P. C. 377. (m) Loyd V. Spillet, 3 P. W. 344; Bayly v. Powell, Pr. Ch. 92 ; Willis v. His- cox, 4 M. & C. 197 ; Attorney-General v. Drapers' Company, 4 Beav. 67 ; Attor- ney-General V. Christ's Hospital, lb. 73 ; Irwin v. Rogers, 12 Ir.'Eq. Rep. 159. {n) Ball V. Montgomery, 2 Ves. jun. 191, see 199. (o) Lowson V. Copeland, 2 B. C. G. 156. [p) Seers v. Hind, 1 Ves. jun. 294 ; and see Franklin v. Frith, 3 B. C. C. 433 ; Mosley v. Ward, 11 Ves. 581. {q) Ashburnham v. Thompson, 13 Ves. 404. (r) Tebbs v. Carpenter, 1 Mad. 308 ; Woodhead v. Marriott, C. P. Cooper's Rep. 1837-38, 62 ; Holgate v. Haworth, 17 Beav. 259. (•s) Fozier v. Andrews, 2 Jones & Lat. 199. , {t) See Mosley v. Ward, 11 Ves. 582. TEUSTEE ACT, 1850. 13° & 14° Victoria, Cap. 60. An Act to consolidate and amend the Laics relating to the Conveyance and Transfer of Real and Personal Property vested in Mortgagees and Trustees, bth August, 1850. Whereas an act was passed in the first year of the reign of his hite majesty King William the Fourth, intituled " An act for amending the Laws respecting Conveyances and Transfers of Estates and Funds vested in Trustees and Mortgagees, and for enabling courts of equity to give effect to their Decrees and Orders in certain cases :" And whereas an act was passed in the fifth year of the reign of his late majesty King William the Fourth, intituled " An act for the Amendment of the Law relative to the Escheat and Forfeiture of Real and Personal Property holden in trust ;" And whereas an act was passed in the second year of the reign of her present majesty, intituled " An Act to remove Doubts res- pecting Conveyances of Estates vested in Heirs and Devisees of Mortga- gees :" And whereas it is expedient that the provisions of the said acts should be consolidated and enlarged : Be it therefore enacted by the queen's most excellent majesty, by and with the advice and consent of the lords spiritual and temporal, and commons, in this present parliament assem- bled, and by the authority of the same, that all proceedings under the said acts or any of them commenced before the passing of this act may be proceeded with under the said recited acts, or according to the provi- sions of this act, as shall be thought expedient, and, subject as aforesaid, that the said recited acts shall be and the same are hereby repealed : Provided Always, that the several acts repealed by the said recited acts shall not be revived, and that such repeal shall only be on and after this act coming into operation. r*8Sll ^^^' ''^^^ whereas it is expedient to define the meaning iu L -I which certain words are hereafter used : It is declared that the several words hereinafter named are herein used and applied in the manner following respectively ; (that is to say,) The word '^ lands" shall extend to and include manors, messuages, tenements, and hereditaments, corporeal and incorporeal, of every tenureordescription, whatever may be the estate or interest therein : The word "stock" shall mean any fund, annuity or security transfera- ble in books kept by any company or society established, or to be TRUSTEE ACT, 185 0. 685 establislied, or trausferable by deed alone, or by deed accompanied by other formalities, and any share or interest therein :(a\ The word " seised" shall be applicable to any vested estate for life or of a greater description, and shall extend to estates at law and in equity,^^) in possession or in futurity, in any lands : The word "possessed" shall be applicable to any vested estate less than a life estate, at law or in equity, in possession or in expectancy, in any lands: The words " contingent right," as applied to lands, shall mean a con- tingent or executory interest, a possibility coupled with an interest, whether the object of the gift or limitation of such interest or possibility be or be not ascertained, also a right of entry whether immediate or future, and whether vested or contingent : The words " convey" and " conveyance," applied to any person, shall mean the execution by such person of every necessary or suitable assurance for conveying or disposing to another lands whereof such person is seised or entitled to a contingent right, either for the whole estate of the person conveying or disposing, or for any less estate, together with the performance of all formalities required by law to the validity of such conveyance, including the acts to be performed by married women and tenants in tail in accordance with the provi- sions of an act passed in the fourth year of the reign of his late majesty King William the Fourth, intituled An Act for the Aboli- tion of Fines and ^Hecovertes, and the substitution of more r-^QQi)-\ simple modes of Assurance, {c^ and including also surrenders L "'J and other acts which a tenant of customary or copyhold lands can himself perform preparatory to or in aid of a complete assurance of such customary or copyhold lands :(rA The words "assign" and "assignment" shall mean the execution and performance by a person of every necessary or suitable deed or act for assigning, surrendering, or otherwise transferring lands of which such person is possessed, either for the whole estate of the person so possessed or for any less estate : The word " transfer" shall mean the execution and performance of every deed and act by which a person entitled to stock can transfer such stock from himself to another : The words "Lord Chancellor" shall mean as well the Lord Chancellor of Great Britain as any Lord Keeper or Lords Commissioners of the Great Seal for the time being : The words "Lord Chancellor of Ireland" shall mean as well the Lord Chancellor of L'eland as any Keeper or Lords Commissioners of the Great Seal of Ireland for the time being : («) See Re Angelo, 5 De Gex & Sm. 278. (b) In suits where all parties beneficially interested are before the court, it is sufficient for the purchaser to take a conveyance of the legal estate, for the equi- ties of the parties are bound by the order for sale ; Re Williams's Estate, 5 De Gex & Sni. 515. And see the analogous case under the prior act, Goddard v. Macaulay, 6 Ir. Eq. Rep. 221. (c) See Powell v. Matthews, 1 Jur. N. S. 973. (d) See Rowley v. Adams, 14 Beav. 130. (386 LEWIN ON THE LAW OF TRUSTS, ETC. The word "trust" shall not mean the duties incident to an estate conveyed by way of mortgage ;(e) but, with this exception the words ''trust" and "trustee" shall extend to and include implied and constructive trusts,(/) and shall extend to and include cases where the trustee has some beneficial interest or estate in the subject of the trust, and shall extend to and include the duties incident to the office of personal representative of a deceased person : The word " lunatic" shall mean any person who shall have been found to be a lunatic upon a commission of inquiry in the nature of a writ de lunatico inquirendo : The expression " person of unsound mind" shall mean any person not an infant, who, not having been found to be a lunatic, shall L 006^ ^-^^ incapable from infirmity of mind((7) to manage his own affairs : The word " devisee" shall, in addition to its ordinary signification, mean the heir of a devisee and the devisee of an heir, and generally any person claiming an interest in the lands of a deceased person, not as heir of such deceased person, but by a title dependent solely upon the operation of the laws concerning devise and descent : The word "mortgage" shall be applicable to every estate, interest, or property in lands or personal estate which would in a court of equity be deemed merely a security for money ; The word " person," used and referred to in the masculine gender, shall include a female as well as a male, and shall include a body corporate : And generally, unless the contrary shall appear from the context, every word importing the singular number only shall extend to several persons or things, and every word importing the plural num- ber shall apply to one person or thing and every word importing the masculine gender only shall extend to a female. III. And be it enacted, that when any lunatic or person of unsound mind shall be seised or possessed of any lands upon any trust or by way of mortgage, it shall be lawful for the lord chancellor,(/t) intrusted by (e) As to the question upon the 1 W. 4, c. 60, whether the word " trust'' in- cluded a " mortgage" see note (x), p. 836, supra. {/) A vendor, after a contract, has been held, to be a trustee of shares in a joint-stock bank for the purchaser; Re Angelo, 5 De Gex & Sm. 278. But in cases of real estate, if not generally, at least where the alleged trustee may possi- bly dispute the trust, the constructive trust must first have been declared by the decree of the court; so that the infant heir of a vendor who has died intestate having contracted to sell real estate in his life time, is not a constructive trustee for the purchaser unless so declared by decree. Re Carpenter, 1 Kay, 418 ; Re Burt, 9 Hare, 289. Re Wise, 5 De Gex & Sm. 415, is distinguishable; and see Propert's Purchase, 22 L. J. Ch. 948. {g) See cases under the 1 W. 4, c. 60, Re Wakeford, 1 Jones & Lat. 2 ; Re Jones, 6 Jur. 545 ; Re Walker, 1 Cr. & Ph. 147. {h) It was doubted whether the lords justices, though they are in fact intrusted under the queen's sign manual with the care, &c., of lunatics, had power to exer- cise the jurisdiction given by the act to the lord chancellor intrusted, &c. Re Waugh's Trust, 2 De Gex, Mac. & Gor. 279: Re Pattinson, 21 Law J. Ch. 280. See now the 15 & 16 Vict. c. 87, s. 15, removing the doubt, and the 11th section of the Extension Act. TRUSTEE ACT, 1850. 687 virtue of the queen's sign manual with the care of the persons and es- tates of lunatics, to make an order that such lands be vested in such person or persons in such manner and for such estate as he shall direct; and the order shall have the same effect as if the trustee or mortgagee had been sane, and had duly executed a conveyance or assignment of the lands in the same manner for the same estate. (V) *IV. And be it enacted, that when any lunatic or person of r*gg^-i unsound mind shall be entitled to any contingent right in any L "-"- J lands upon any trust or by way of mortgage, it shall be lawful for the lord chancellor, intrusted as aforesaid, to make an order wholly releasing such lands from such contingent right, or disposing of the same to such person or persons as the said lord chancellor shall direct; and the order shall have the same effect as if the trustee or mortgagee had been sane, and had duly executed a deed so releasing or disposing of the contin- gent right. V. And be it enacted, that when any lunatic or person of unsound mind shall be solely entitled to any stock or to any chose in action upon any trust or by way of mortgage, it shall be lawful for the lord chancel- lor, intrusted as aforesaid, to make an order vesting in any person or per- sons the right to transfer such stock, or to receive the dividends or income thereof, or to sue for and recover such chose in action, or any interest in respect thereof; and when any person or persons shall be en- titled jointly with any lunatic or person of unsound mind to any stock or chose in action upon any trust or by way of mortgage, it shall be lawful for the said lord chancellor to make an order vesting the right to transfer such stock, or to receive the dividends or income thereof, or to sue for and recover such chose in action, or any interest in respect thereof, either in such person or persons so jointly entitled as aforesaid, or in such last-mentioned person or persons together with any other person or per- sons the said lord chancellor may appoint. VI. And be it enacted, that when any stock shall be standing in the name of any deceased person whose personal representative is a lunatic or person of unsound mind, or when any chose in action shall be vested in any lunatic or person of unsound mind as the personal representative of a deceased person, it shall be lawful for the lord chancellor, intrusted as aforesaid, to make an order vesting the right to transfer such stock, or to receive the dividends or income thereof, or to sue for and recover such chose in action or any interest in respect thereof, in any person or persons he may appoint. VII. And be it enacted, that where any infant shall be seised or pos- sessed of any lauds upon any trust, or by way of mortgage, it shall be (i) Under this section (and it is conceived that the same principle applies to the 4th and 5th sections,) if the lunatic be a trustee, the trust estate or the cestui que trust must bear the costs of the proceedings under the act. If he be a mort- gagee, the costs -n-ill, as a general rule (though this result is contrary to principle,) come out of the lunatic's estate. Re Wheeler, 1 De Gex, Mac. & Gor. 436. But where, on the face of the mortgage deed, the lunatic mortgagee is a trustee for a third party, the costs must fall on the mortgagor. Re Lewes, 1 Mac. & Gor. 23. Seeus, if the mortgagor have no notice of the fict that the lunatic is a trustee. Re Townsend, 1 Mac. & Gor. 686. And see under 1 W. 4, c. 60, Re Townsend, 2 Phil. 348, and cases there cited. Q^S LEAVIN ON THE LAW OF TRUSTS, ETC. lawful for the Court of Chancery to make an order vesting such lands in such person or persons in such manner and for such estate as the said court shall direct ;(A-) and the order shall have the same *effect [=^■885] ^g j^ ^i^g infant trustee or mortgagee had been twenty-one years of ap-e, and had duly executed a conveyance or assignment of the lands in the same manner for the same estate. (?) VIII. And be it enacted, that where any infant shall be entitled to any contingent right in any lands upon any trust or by way of mortgage, it shall be lawful for the Court of Chancery to make an order wholly re- leasing such land from such contingent right, or disposing of the same to such person or persons as the said court shall direct ; and the order shall have the same effect as if the infant had been twenty-one years of age, and had duly executed a deed so releasing or disposing of the con- tingent right. IX. And be it enacted, that when any person solely seised or pos- sessed of any lands upon any trust(??i) shall be out of the jurisdiction of the Court of Chancery, or cannot be found, it shall be lawful for the said court to make an order vesting such lands in such person or persons in such manner and for such estate as the said court shall direct ; and the order shall have the same effect as if the trustee had duly executed a conveyance or assignment of the lands in the same manner and for the same estate. X. And be it enacted, that when any person or persons shall be seised or possessed of any lands jointly with a person out of the jurisdiction of the Court of Chancery, or who cannot be found, it shall be lawful for the said court to make an order vesting the lands in the person or persons so jointly seised or possessed, or in such last-mentioned person or persons together with any other person or persons, in such manner and for such estate as the said court shall direct ; and the order shall have the same effect as if the trustee out of the jurisdiction, or who cannot be found, had duly executed a conveyance or assignment of the lands in the same manner for the same estate. (h) [*886] XI. And be it enacted, that when any person solely entitled to a ^contingent right in any lands upon any trust shall be out (k) It is now settled, notwithstanding the doubts entertained at first (see Re Howard's Estate, 5 De Gex & Sm. 435,)'that the court will make an order, vesting an estate on a purchase to the uses commonly called the uses to bar dower ; but will not incorporate a declaration that no woman shall be entitled to dower, this being no part of the couveyance. The woman, therefore (if married on or before Jan. 1, 1834,) would be entitled to dower. Re Lush's Estate, 5 De Gex & Sm. 435 ; Davey v. Miller, 17 Jur. 908. So an order has been made to rest the legal estate in the devisees of a mortgagor, subject to a charge created by his will. Re Ellerthorpe, 18 Jur. 6G9. (l) Tenant for life with remainder to an infant in tail. A vesting order as to the estate of the infant, with the consent of the tenant for life, will bar the entail and remainders over. Powell v. Matthews, 1 Jur. N. S. 973. See the Interpreta- tion Clause as to the words " Convey," and " Conveyance." (to) An heir who takes the trust estate by the disclaimer of the trustees, is a trustee within the section; Wilks v. Groom, 6 De Gex, M. & G. 205. (n) As to the doubts entertained respecting the effect of the concluding words of this section and their solution, see Re Watt's Settlement, 9 Hare, 106 ; Flyer's Trust, ib. p. 220 ; Smith v. Smith, 3 Drewrv, 72. TRUSTEE ACT, 185 0. 689 of the jurisdiction of the Court of Chancery, or cannot be found, it shall be lawful for the said court to make an order wholly releasing such lands from such contingent right, or disposing of the same to such person or persons as the said court shall direct ; and the order shall have the same effect as if the trustee had duly executed a conveyance so releasing or disposing of the contingent right. XII. And be it enacted, that when any person jointly entitled with any other person or persons to a contingent right in any lands upon any trust shall be out of the jurisdiction of the Court of Chancery or can- not be found, it shall be lawful for the said court to make an order dis- posing of the contingent right of the person out of the jurisdiction, or who cannot be found, to the person or persons so jointly entitled as afore- said, or to such last-mentioned person or persons together with any other person or persons; and the order shall have the same effect as if the trustee out of the jurisdiction, or who cannot be found, had duly exe- cuted a conveyance so releasing or disposing of the contingent right. XIII. And be it enacted, that where there shall have been two or more persons jointly seised or possessed of any lands upon any trust, and it shall be uncertain which of such trustees was the survivor, it shall be lawful for the Court of Chancery to make an order vesting such lands in such person or persons in such manner and for such estate as the said court shall direct ; and the order shall have the same effect as if the sur- vivor of such trustees had duly executed a conveyance or assignment of the lands in the same manner for the same estate. XIV. And be it enacted, that where any one or more person or per- sons shall have been seised or possessed of any lands upon any trust, and it shall not be known, as to the trustee last known to have been seised or possessed, whether he be living or dead, it shall be lawful for the Court of Chancery to make an order vesting such lands in such per- son or persons in such manner and for such estate as the said court shall direct ; and the order shall have the same effect as if the last trustee had duly executed a conveyance or assignment of the lands in the same man- ner for the same estate. XV. And be it enacted, that when any person seised of any lands upon any trust shall have died intestate as to such lands without an heir, or shall have died and it shall not be known who is his heir or devisee, it shall be lawful for the Court of Chancery to make an order vesting such lands in such person or persons in such manner and for *such r^gg-j-i estate as the said court shall direct ; and the order shall have L J the same effect as if the heir or devisee of such trustee had duly exe- cuted a conveyance of the lands in the same manner for the same estate. XVI. And be it enacted, that when any lands are subject to a con- tingent right in an unborn person or class of unborn persons who upon coming into existence would in respect thereof become seised or possessed of such lands upon any trust, it shall be lawful for the Court of Chan- cery to make an order which shall wholly release and discharge such lands from such contingent right in such unborn person or class of unborn per- sons, or to make an order which shall vest iu any person or persons the 690 LEWIN ON THE LAW OF TRUSTS, ETC. \ estate or estates which such unborn person or class of unborn persons would upon coming into existence be seised or possessed of in such lands. XVII. And be it enacted, that where any person jointly or solely seised or possessed of any lands upon any trust shall, after a demand by a person entitled to require a conveyance or assignment of such lands, or a duly authorized agent of such last-mentioned persons, have stated in writing that he will not convey or assign the same, or shall neglect or refuse to convey or assign such lands for the space of twenty-eight days next after a proper deed for conveying or assigning the same shall have been tendered to him by any person entitled to require the same, or by a duly authorized agent of such last-mentioned person, it shall be lawful for the Court of Chancery to make an order vesting such lands in such person or persons in such manner and for such estate as the said court shall direct; and the order shall have the same effect as if the trustee had duly executed a conveyance or assignment of the lands in the same manner for the same estate. (o) XVIII. And be it enacted, that where any person jointly or solely entitled to a contingent right in any lands upon any trust shall, after a demand for a conveyance or release of such contingent right by a person entitled to require the same, or a duly authorized agent of such last- mentioned person, have stated in writing that he will not convey or release such contingent right, or shall neglect or refuse to convey or release such contingent right for the space of twenty-eight days next after a proper deed for conveying or releasing the same shall have been tendered to him by any person entitled to require the same, or by a duly P^oQQ-i authorized agent of such last-mentioned person, *it shall be law- L -J ful for the Court of Chancery to make an order releasing or dis- posing of such contingent right in such manner as it shall direct; and the order shall have the same effect as if the trustee so neglecting or refusing had duly executed a conveyance so releasing or disposing of the contingent right. XIX. And be it enacted, that when any person to whom any lands have been conveyed by way of mortgage shall have died without having entered into the possession or into the receipt of the rents and profits thereof, and the money due in respect of such mortgage shall have been paid to a person entitled to receive the same, or such last-mentioned person shall consent to an order for the reconveyance of such lands, (^) then in any of the following cases it shall be lawful for the Court of Chancery to make an order vesting such lands in such person or persons in such manner and for such estate as the said court shall direct; that is to say, (o) This and the following section have been repealed by the Extension Act (see sect 2,) and a simpler enactment dependent on " demand" and on " refusal, or neglect," substituted. (;)) The personal representative of a mortgagee who has not taken possession may obtain an order vesting the legal estate, which has descended to the heir, in him, notwithstanding the word " reconveyance" points in strictness to a convey- ance to the mortgagor. Re Boden's Trust, 1 De Gex, Mac. & Gor. 57 ; 9 Hare, 820; overruling Meyrick's Estate, 9 Hare, 116. TRUSTEE ACT, 1S5 0. 691 When an heir or devisee(j) of such mortgagee shall be out of the jurisdiction of the Court of Chancery,(r) or cannot be found : When an heir or devisee of such mortgagee shall, upon a demand by a person entitled to require a conveyance of such lands or a duly authorized agent of such last-mentioned person, have stated in writ- ing that he will not convey the same, or shall not convey the same for the space of twenty-eight days next after a proper deed for con- veying such lands shall have been tendered to him by a person entitled as aforesaid,(s) or a duly authorized agent of such last- mentioned person : Wlien it shall be uncertain which of several devisees of such mortgagee was -the survivor : When it shall be uncertain as to the survivor of several devisees of such mortgagee, or as to the heir of such mortgagee whether he be living or dead : When such mortgagee shall have died intestate as to such lands, and without an heir, or shall have died and it shall not be known who is his heir or devisee : *And the order of the said Court of Chancery made in any one r^ggg-i of the foregoing cases shall have the same effect as if the heir or L J devisee or surviving devisee, as the case may be, had duly executed a conveyance or assignment of the lands in the same manner and for the same estate. XX. And be it enacted, that in every case where the lord chancellor, intrusted as aforesaid, or the Court of Chancery, shall, under the provi- sions of this act, be enabled to make an order having the effect of a con- veyance or assignment of any lands, or having the effect of a release or disposition of the contingent right of any person or persons, born or un- born, it shall also be lawful for the lord chancellor, intrusted as aforesaid, or the Court of Chancery, as the case may be, should it be deemed more convenient, to make an order appointing a person to convey or assign such lands, or release or dispose of such contingent right ; and the con- veyance or assignment, or release or disposition, of the person so ap- pointed,(;) shall, when in conformity with the terms of the order by which he is appointed, have the same effect, in conveying or assigning the lands, or releasing or disposing of the contingent right, as an order (5) See the interpetation clause, giving an extended meaning to the word {r) See Hutchinson v. Stephens, 5 Sim. 498 ; Ex parte Dover, lb. 500, decided on the 1 W. 4, c. 60. («) See note (c), p. 837, for the decisions on the 8th section of the 1 W. 4, c. 60, the words of which are nearly the same. As to the instrument to be tendered in the case of copyholds, see Rowley v. Adams, 14 Beav. 130, where the question arose upon the 17th section, since repealed. {t) The conveyance should contain a recital showing that it is made in obedi- ence to the order of the court, and should be executed by the person appointed to convey in his own name ; though the late vice-chancellor of England, in a case arising upon the 1 W. 4, c. 60, seems to have considered that the execution, by the person appointed to convey, of a deed purporting to be the conveyance of the trustee who refused, would, with a mere reference in the attestation clause to the order appointing the person to convey, be sufficient. Ex parte Foley, 8 Sim. 395. 692 LEWIN ON THE LAW OF TKUSTS, ETC. of the lord chancellor, intrusted as aforesaid, or the Court of Chancery, would in the particular case have had under the provisions of this act ; and in every case where the lord chancellor, intrusted as aforesaid, or the Court of Chancery, shall, under the provisions of this act, be enabled to make an order vesting in any person or persons the right to transfer any stock transferable in the books of the Governor and Company of the Bank of England, or of any other company or society established or to be established, it shall also be lawful for the lord chancellor, intrusted as aforesaid, or the Court of Chancery, if it be deemed more convenient, to make an order directing the secretary, deputy secretary, or aecountant- o-eneral for the time being of the Grovernor and Company of the Bank of England, or any officer of such other company or society, at once to transfer or join in transferring the stock to the person or persons to be named in the order; and this act shall be a full and complete indemnity and discharge to the Governor and Company of the Bank of England, and all other companies or societies, and their officers and servants, for all acts done or permitted to be done pursuant thereto. *XXI. And be it enacted, that as to any lands situated within L J the duchy of Lancaster or the counties palatine of Lancaster or Durham, it shall be lawful for the court of the Duchy Chamber of Lan- caster, the Court of Chancery in the county palatine of Lancaster, or the Court of Chancery in the county palatine of Durham, to make a like order in the same cases as to any lands within the jurisdiction of the same courts respectively as the Court of Chancery has under the provi- sions hereinbefore contained been enabled to make concerning any lands; and every such order of the court of the Duchy Chamber of Lancaster, the Court of Chancery in the county palatine of Lancaster, or the Court of Chancery in the county palatine of Durham, shall, as to such lands, have the same effect as an order of the Court of Chancery : provided always, that no person who is anywhere within the limits of the jurisdic- tion of the High Court of Chancery shall be deemed by such local courts to be an absent trustee or mortjrasee within the meaning of this "CO act. XXII. And be it enacted, that when any person or persons shall be jointly entitled with any person out of the jurisdiction of the Court of Chancery,r») or who cannot be found, or concerning whom it shall be uncertain whether he be living or dead, to any stock or chose in action upon any trust,r?;) it shall be lawful for the said court(H') to make an order vesting the right to transfer such stock, or to receive the dividends or income thereof, or to sue for or recover such chose in action, or any («) Where the trustee out of the jurisdiction is incapacitated from lunacy or infancy, the power of the court must be sought for in the sections applicable to cases of lunatics and infents, and not in this section. Consequentl}', in a case arising before the Extension Act (see 3rd section,) the court had no authority to make a vesting order with respect to stock held by an infant trustee out of the jurisdiction. Cramer v. Cramer, 5 De Gex & Sm. 312. (v) The husband of an executrix is a trustee within the act. Ex parte Brad- shaw, 2 De Gex, Mac. & Gor. 900. (w) If the court be asked to transfer the stock to new trustees appointed under a power, it must first be satisfied of the fitness of the persons proposed, and all parties interested must be served. Re Maynard's Settlement, 16 Jur. 1084. TRUSTEE ACT, 1S5 0. 693 interest in respect thereof, either in such person or persons so jointly entitled as aforesaid, or in such last-mentioned person or persons together with any person or persons the said court may appoint; and when any sole trustee(j;) of any stock or chose in action shall be out of the jurisdic- tion of the said court, or cannot be found, or it shall be uncertain whether he be living or dead, it shall be lawful for the said court to make an order vesting the right to transfer such stock, or to receive the dividends or income thereof, or *to sue for and recover such chose in ac- r^ogi-i tion, or any interest in respect thereof, in any person or persons L J the said court may appoint. XXIII. And be it enacted, that where any sole trustee(y) of any stock or chose in action shall neglect or refuse to transfer such stock, or to receive the dividends or income thereof, or to sue for or recover such chose in action, or any interest in respect thereof, according to the direc- tion of the person absolutely entitled thereto, (..) for the space of twenty- eight days next after a request in writing(a) for that purpose shall have been made to him by the person absolutely entitled thereto, it shall be lawful for the Court of Chancery to make an order vesting the sole right to transfer such stock, or to receive the dividends or income thereof,(6) or to sue for and recover such chose in action, or any interest in respect thereof, in such person or persons as the said court may appoint. (c) XXIV. And be it enacted, that where any one of the trustees of any stock or chose in action shall neglect or refuse to transfer such stock, or to receive the dividends or income thereof, or to sue for or recover such chose in action according to the directions of the person absolutely entitled thereto, for the space of twenty-eight days next after a request in writing for that purpose shall have been made to him or her by such person, it shall be lawful for the Court of Chancery to make an order vesting the right to transfer such stock, or to receive the dividends or income thereof, or to sue for and recover such chose in action, in the other trustee or trustees of the said stock or chose in action, or in any person or persons whom the said courtmayappoint jointly with such other trusteeor trustees. (z) A. and B. being trustees, the master found that it was uncertain whether A. was living or dead, but that B. was living. Afterwards B. died. Held, that A. was not a sole trustee within the meaning of the 22nd section. Re Randall's Will. 1 Drewry, 401. {y) Sole trustee may mean the whole number of the co-trustees. See interpre- tation clause. Re Hartnall, 5 De Gex & Sm. 111. (z) A tenant for life is not a person absolutely entitled within the meaning of the act, except, perhaps, for the purpose of an application limited to the income only, nor is one of two trustees ; Mackenzie v. Mackenzie, 5 De Gex & Sm. 338 ; more fully reported 16 Jur. 723. But persons duly appointed new trustees are " abso- lutely entitled;" Ex parte Russell, 1 Sim. N. S. 404 ; Baxter's Will, 2 Sm. & GifiF. Append, v. (a) The case of a trustee refusing to obey the order of the court was not within this section ; Mackenzie v. Mackenzie, 5 De Gex & Sm. 338. And so it was under 1 W. 4, c. 60 ; see note (a), p. 839. But see now sect. 4 of the Extension Act providing for this case. (b) The court cannot, under this section, make any order as to dividends accrued due subsequently to the date of request. Re Hartnall, 5 De Gex & Sm. 111. See now sect. 4 of Extension Act. (c) The recusant trustee need not be served under this and the following sec- tion. Baxter's Will, 2 Sm. & Giff. A pp. v. : and see cases under 1 W. 4, c. 60, note (c), p. 837. (394 LEWIN ON THE LAW OF TRUSTS, ETC. XXV. And be it enacted, that when any stock shall be standing in the sole name of a deceased person, and his or her personal representative shall be out of the jurisdiction of the Court of Chancery, or cannot be found, or it shall be uncertain whether such personal *represen- [=^89--] ^j^jj^g ^Q living or dead, or such personal representative shall neo'lect or refuse to transfer such stock, or receive the dividends or income thereof, according to the direction of the person absolutely entitled thereto, for the space of twenty-eight days next after a request in writing for that purpose shall have been made to him by the person entitled as aforesaid, it shall be lawful for the Court of Chancery to make an order vesting the right to transfer such stock, or to receive the dividends or income thereof, in any person or persons whom the said court may ap- point. XXVI. And be it enacted, that where any order shall have been made under any of the provisions of this act vesting the right(c?) to any stock in any person or persons appointed by the lord chancellor, instructed as aforesaid, or the Court of Chancery, such legal right shall vest accord- ingly, and thereupon the person or persons so appointed are hereby authorized and empowered to execute all deeds and powers of attorney, and to perform all acts relating to the transfer of such stock into his or their own name or names or otherwise, or relating to the receipt of the dividends thereof, to the extent and in conformity with the terms of such order; and the Bank of England, and all companies and associations whatever, and all persons, shall be equally bound and compellable to comply with the requisitions of such person or persons, so appointed as aforesaid, to the extent and in conformity with the terms of such order as the said Bank of England, or such companies, associations or persons, would have been bound and compellable to comply with the requisitions of the person in whose place such appointment shall have been made, and shall be equally indemnified in complying with the requisition of such person or persons so appointed as they would have been indemnified in complying with the requisition of the person in whose place such appointment shall have been made ; and after notice in writing of any such order of the lord chancellor, intrusted as aforesaid, or of the Court of Chancery, concerning any stock, shall have been given, it shall not be lawful for the Bank of England, or any company or association whatever, or any person having received such notice, to act upon the requisition of the person in whose place an appointment shall have been made in any matter whatever relating to the transfer of such stock, or the payment of the dividends or produce thereof. XXVII. And be it enacted, that where any order shall have been made under the provisions of this act, either by the lord chancellor, P8931 ^^'^^^s^'Sd as aforesaid, or by the Court of Chancery, vesting the J legal right to sue for or recover any chose in action or any inte- rest in respect thereof in any person or persons, such legal right shall vest accordingly, and thereupon it shall be lawful for the person or per- sons so appointed to carry on, commence and prosecute, in his or their {(1) See note (s), p. 89G, infra, and sect. 6 of the Extension Act. TRUSTEE ACT, 1S5 0. 695 own name or names, any action, suit or other proceeding at law or in equity for the recovery of such chose in action, in the same manner in all respects as the person in whose place an appointment shall have been made could have sued for or recovered such chose in action. XXVIII. And be it enacted, that whensoever, under any of the pro- visions of this act, an order shall be made, either by the lord chancellor, intrusted as aforesaid, or the Court of Chancery, vesting any copyhold or customary lands in any person or persons, and such order shall be made with the consent^?) of the lord or lady of the manor whereof such lauds are holden, then the lands shall, without any surrender or admittance in respect thereof, vest accordingly • and whenever, under any of the pro- visions of this act, an order shall be made either by the lord chancellor, intrusted as aforesaid, or the Court of Chancery, appointing any person or persons to convey or assign any copyhold or customary lands, it shall be lawful for such person or persons to do all acts and execute all instru- ments for the purpose of completing the assurance of such lands ;(/) and all such acts and instruments so done and executed shall have the same effect, and every lord and lady of a manor, and every other person, shall, subject to the customs of the manor and the usual payments, be equally bound and compellable to make admittance to such lands, and to do all other acts for the purpose of completing the assurance thereof, as if the persons in whose place an appointment shall have been made, being free from any disability, had duly done and executed such acts and instru- ments. XXIX. And be it enacted, that when a decree shall have been made by any court of equity directing the sale of any lands for the payment of the debts((7) of a deceased person, every person seised or possessed of such lands, or entitled to a contingent right therein, as heir, or r,^nQj^T *under the will of such deceased debtor, shall be deemed to be L J so seised or possessed or entitled, as the case may be, upon a trust within the meaning of this act ; and the Court of Chancery is hereby empowered to make an order wholly discharging the contingent right, under the will of such deceased debtor, of any unborn person. (/t) XXX. And be it enacted, that where any decree shall be made by any court of equity for the specific performance of a contract concerning any lands, (i) or for the partition (7^:) or exchange of any lands, or generally when any decree shall be made for the conveyance or assignment of any (e) There appears to be a conflict between the practice in the different branches of the court upon the question -whether a vesting order will be made without the lord's consent, '^ valeat quantum;" see Re Flitcroft, 1 Jur. N. S. 418, cor. V. C. Wood ; Cooper v. Jones, 2 Jur. N. S. 59, cor. V. C. Stuart. The consent need not be by appearance in court ; Ayles v. Cox, 17 Beav. 585. (/) See form of order appointing a person to complete the assurance of a copy- hold estate. Re Hey's Will, 9 Hare, 221. {g) A sale for payment of costs of suit was not within this act : Weston v. Filer, 5 De Gex & Sm. 608. But see now sect. 1 of the Extension Act, and Walie v. Wake, 17 Jur. 545. {h) Wood V. Beetlestone, 1 Kay & John. 213. {i) See Ex parte Mornington, 4 De Gex, Mac. & Gor. 537. {k) In a partition suit, instead of giving an infant entitled to a share a day to show cause, the court may declare him a trustee of such parts of the property as are allotted to other parties. Bowra v. Wright, 4 De Gex & Sm. 265. 696 LEWIN ON THE LAW OF TKUSTS, ETC. I lands,(A either in cases arising out of the doctrine of election or other- wise, 'it shall be lawful for the said court to declare that any of the parties to the said suit wherein such decree is made are trustees of such lands or any part thereof, within the meaning of this act, or to declare con- cerning the interests of unborn persons who might claim under any party to the said suit, or under the will or voluntary settlement of any person deceased who was during his lifetime a party to the contract or transac- tions concerning which such decree is made, that such intersts of unborn persons are the interests of persons who, upon coming into existence, would be trustees within the meaning of this act, and thereupon it shall be lawful for the lord chancellor, intrusted as aforesaid, or the Court of Chancery, as the case may be, to make such order or orders as to the estates, rights and interests of such persons, born or unborn, as the said court or the said lord chancellor might under the provisions of this act make concerning the estates, rights and interests of trustees born or unborn. XXXI. And be it enacted, that it shall be lawful for the lord chan- cellor, intrusted as aforesaid, or the Court of Chancery, to make declara- tions and give directions concerning the manner in which the right to any stock or chose in action vested under the provisions of this act shall be exercised ; and thereupon the person or persons in whom such right r*SQfSn ^^^^^ ^® vested shall be compellable to obey such *directionsand L J declarations by the same process as that by which other orders under this act are enforced. XXXII. And be it enacted, that whenever it shall be expedicnt(m) to appoint(?i) a new trustee or new trustees, and it shall be found inex- pedient, difficult(o) or impracticable so to do without the assistance of the Court of Chancery, it shall be lawful for the said Court of Chancery to make an order appointing a new trustee or new trustees, either in substitution for or in addition to any existing trustee or trustees. Qj) (Z) Tn a foreclosure suit by an equitable mortgagee, a decree had been made for pa3'ment, or, in default, for foreclosure and conveyance by the viortgagor of the legal estate. The mortgagor made default. The court refused, on motion to make the order of foreclosure absolute, to add a declaration that the mortgagor was a trustee for the mortgagee, and said that a separate application must be made ; Smith V. Boucher, 1 Sm. & Giff. 72. As to the necessity for an express declara- ration in terms, see the cases on sect. 18 of the 1 W. 4, c. 60 ; note (/), p. 839, supra. {m) If one of the tn;stees be a lunatic, so that the estate cannot be got from him without the aid of the court, though there is a po\ver of appointment of new trustees, in such a case the court will appoint a new trustee and make the vest- ing order. Re Davies, 3 Mac. & Gor. 278. So where one of the two trustees appointed by a will is an infant, the court deems it expedient to appoint a trustee in his place. Re Porter's Trust, 2 Jur. N. S. 349. [n) The court cannot, under the act, remove a trustee who is willing to act. Re Hodson's Settlement, 9 Hare, 118 ; Re Hadley, 5 De Gex & Sm. 67. And in a case where one of two trustees was residing out of the jurisdiction, but it did not appear whether such residence was likely to be permanent, the court refused to appoint a new trustee in his room. Re Mais, 16 Jur. 608. (o) See Re Humphry's Estate, 1 Jur. N. S. 921, where the parties having the power of appointing new trustees were resident in India. {p) The decisions were in conflict whether under this section the court could appoint new trustees in a case where there was no existing trustee. Vice Chancel- lor Parker holding the affirmative ; Re Tvler's Trust, 5 De Gex & Sm. 56 ; and TRUSTEE ACT, 185 0. 697 XXXIII. And be it enacted, that the person or persons who, upon the making of such order as last aforesaid, shall be trustee or trustees, shall have all the same rights and powers as he or they would have had if appointed by decree in a suit duly instituted. XXXIV. And be it enacted, that it shall be lawful(5') for the said Court of Chancery, upon making any order for appointing a new trustee or new trustees, eit^ier by the same or by any subsequent order, to direct that any lands subject to the trust shall vest in the person or persons who upon the appointment shall be the trustee or trustees, for such estate as the court shall direct ; and such order *shall have the r*onr-| same effect as if the person or persons who before such order L J were the trustee or trustees (if a^ny) had duly executed all proper con- veyances and assignments of such lands for such estate. (r) XXXV. And be it enacted, that it shall be lawful for the said Court of Chancery, upon making any order for appointing a new trustee or new trustees, either by the same or by any subsequent order, to vest the right to call for a transfer of any stock(*) subject to the trust, or to receive the dividends or income thereof, or to sue for or recover any chose in action, subject to the trust, or any interest in respect thereof, in the person or persons who upon the appointment shall be the trustee or trustees. XXXVI. And be it enacted, that any such appointment by the court of new trustees, and any such conveyance, assignment, or transfer as aforesaid, shall operate no further or otherwise as a discharge to any former or continuing trustee than an appointment of new trustees Vice Chancellor Turner the negative ; Re Hazeldine, 16 Jur. 853. And see Re Frosts Settlement, 15 Jur. 644. All doubt for the future was removed by the 9th section of the Extension Act. The court, in appointing new trustees under this section, does not limit itself necessarily to the number named in the original instrument of trust. Thus it has appointed two instead of one ; Tunstall's AVill, 4 De Gex & Sm. 421. But it never appoints a single trustee where there were originally more than one ; Ellison's Trust, 2 Jur. N. S. 62 ; Porter's Trust, 2 Jur. N. S. 349. As to the parties to be served, see note (v), p. 897, infra. In addition to evidence of the necessary facts to bring the case within the act, the court, before appointing trustees, requires evidence by affidavit of the fitness of the proposed trustees, and a written consent by the trustees to act ; Battersby's Trust, 16 Jur. 900. The trust property having greatly increased, the court, upon an application under the act, appointed two additional trustees, though the instru- ment of trust provided for two only. Boycott's Settlement, 5 Weekly Rep. 15. {q) The late Vice Chancellor Parker was indisposed to make a vesting order in cases where a conveyance could be had ; Langhorn v. Langhorn, 21 L. J. Ch. 860. But it is clear that the court has power to make, and according to the present practice it frequently does make, vesting orders, even where there is no incaj^acity in the person seised or possessed of the legal estate to convey to the new trustees ; Re Manning's Trust, Kay, App. xxviii. (r) The court has jurisdiction to divest the whole estate from the continuing and incapacitated trustee, and to vest it in the new body of trustees (including the continuing trustees,) as joint tenants ; Smith v. Smith, 3 Drewry, T2, overruling Re Watt's Settlement, 9 Hare, 106 ; Re Plyer, ib. 220. (s) The court had no power under this section to vest the right to the stock itself, but only the right to call for a transfer; and an order professing to vest the right to the stock was accordingly discharged. Be Smyth's Settlement, 4 De Gex & Sm. 499. But see now sect. 6 of the Extension Act. May, 1858.— 45 698 LEWIN ON THE LAW OF TRUSTS, ETC. under any power for that purpose contained in any instrument would have done. XXXVII. And be it enacted, that an order, under any of the here- inbefore contained provisions, for the appointment of a new trustee or trustees, or concerning any lands, stock, or chose in action subject to a trust, may be made upon the application of any person beneficially inter- ested in such lands, stock, or chose in action, whether under disability or not, or upon the application of any person duly appointed as a trustee thereof ;(?) and that an order under any of the provisions hereinbefore contained concerning any lands, stock, or chose in action subject to a mortgage, may be made on the application of any person beneficially interested in the equity of redemption, whether under disability or not, or of any person interested in the moneys secured by such mortgage. XXXVIII. And be it enacted, that when any person shall deem him- self entitled to an order under any of the provisions hereinbefore con- tained,, either from the lord chancellor, intrusted as aforesaid, or from -^ the Court of Chancery, it shall be lawful for him to exhibit L J *before any one of the masters of the High Court of Chancery a statement of the facts whereon such order is sought to be obtained, and adduce evidence in support thereof; and if such evidence shall be satis- factory to the said master, he shall, at the request of the person adducing such evidence, give a certificate under his hand of the several material facts found by him to be true, and of his opinion that such person is entitled to an order in the form set forth in such certificate. (?<) XXXIX. And be it enacted, that any person who shall have obtained such certificate may apply by motion to the Court of Chancery, or to the lord chancellor intrusted as aforesaid, for an order to the eff"ect set forth in such certificate, or for such other order as such person may deem him- self entitled to upon the facts found by the master. XL. And be it enacted, that any person or persons entitled in manner aforesaid to apply for an order from the said Court of Chancery, or from the lord chancellor intrusted as aforesaid, may, should he so think fit, present a petition in the first instance to the Court of Chancery, or to the lord chancellor intrusted as aforesaid, for such order as he may deem himself entitled to, and may give evidence by affidavit or otherwise in support of such petition before the said court, or the lord chancellor intrusted as aforesaid, and may serve such person or persons with notice of such petition as he may deem entitled to service thereof.(i;) XLI. And be it enacted, that upon the hearing of any such motion or petition it shall be lawful for the said court, or for the said lord chan- cellor, should it be deemed necessary, to direct a reference to one of the (t) As to the proper persoa to petition in the case of sales by the court, see Rowley v. Adams, 14 Beav. 130 ; Ayles v. Cox, 17 Beav. 584. («) This and the following section have ceased to be of any use since the abo- lition of the office of master. (i) In petitions for the appointment of new trustees, all the cestuis que trust ought, as a general rule, to be served. Re Richards' Trust, 5 De Gex & Sm. 636 ; Re Sloper, 18 Beav. 596; Re Fellows' Settlement, 2 Jur. N. S. 62. And the old trus- tees (if any) must appear ; Re Sloper, ubi supra. But in special cases the court relaxes the rule. Re Symth's Settlement, 2 De Gex & Sm. V81. TRUSTEE ACT, 185 0. 699 masters in ordinary of the Court of Chancery to inquire into any facts which require such an investigation, or it shall be lawful for the said court, or for the said lord chancellor to direct such motion or petition to stand over, to enable the petitioner or petitioners to adduce evidence or further evidence before the said court, or before the said lord chan- cellor, or to enable notice or any further notice of such motion or peti- tion to be served upon any person or persons. XLII. And be it enacted, that upon the hearing of any such motion *or petition, whether any certificate or report from a master shall r^ggg-i have been obtained or not, it shall be lawful for the court, or the •- J lord chancellor, intrusted as aforesaid, to dismiss such motion or petition, with or without costs, or to make an order thereupon in conformity with the provisions of this act. XLIII. And be it enacted, that whensoever in any cause or matter, either by the evidence adduced therein, or by the admissions of the par- ties, or by a report of one of the masters of the Court of Chancery, the facts necessary for an order under this act shall appear to such court to be sufficiently proved, it shall be lawful for the said court, either upon the hearing of the said cause or of any petition or motion in the said cause or matter, to make such order under this act.(Mj) XLIV. And be it enacted, that whenever atiy order shall be made under this act, either by the lord chancellor intrusted as aforesaid, or by the Court of Chancery, for the purpose of conveying or assigning any lands, or for the purpose of releasing or disposing of any contingent right, and such order shall be founded on an allegation of the personal incapacity of a trustee or mortgagee, or on an allegation that a trustee or the heir or devisee of a mortgagee is out of the jurisdiction of the Court of Chancery or cannot be found, or that it is uncertain which of several trustees, or which of several devisees of a mortgagee, was the survivor, or whether the last trustee, or the heir or last surviving devisee of a mortgagee, be living or dead, or on an allegation that any trustee or mortgagee has died intestate without an heir, or has died and it is not known who is his heir or devisee, then in any of such cases the fact that the lord chancellor intrusted as aforesaid, or the Court of Chancery, has made an order upon such an allegation, shall be conclusive evidence of the matter so alleged in any court of law or equity upon any question as to the legal validity of the order : Provided always, that nothing herein contained shall prevent the Court of Chancery directing a reconveyance or re-assignment of any lands conveyed or assigned by any order under this act, or a redisposition of any contingent right conveyed or disposed of by such order -, and it shall be lawful for the said court to direct any of the parties to any suit concerning such lands or contingent right to pay any costs occasioned by the order under this act, when the same shall appear to have been improperly obtained. XLV. And be it enacted, that it shall be lawful for the lord chan- cellor ^intrusted as aforesaid, or the Court of Chancery, to exer- r^ggg-i cise the powers herein conferred for the purpose of vesting any L -• (w) See Wood v. Beetlestone, 1 Kay & Johns. 213. 700 LEWIN ON THE LAW OF TRUSTS, ETC. lands, stock, or cbose in action in the trustee or trustees of any charity or society over which charity or society the said Court of Chancery would have jurisdiction upon suit duly instituted, (jc) whether such trustee or trus- tees shall have been duly appointed by any power contained in any deed or instrument, or by the decree of the said Court of Chancery, or by order made upon a petition to the said court under any statute autho- rizing the said court to make an order to that effect in a summary way upon petition. XLVI. And be it enacted, that no lands, stock, or chose in action, vested in any person upon any trust or by way of mortgage, or any pro- fits thereof, shall escheat or be forfeited to her majesty, her heirs or suc- cessors, or to any corporation, lord or lady of a manor, or other person, by reason of the attainder or conviction for any offence of such trustee or mortgagee, but shall remain in such trustee or mortgagee, or survive to his or her co-trustee, or descend or vest in his or her representative, as if no such attainder or conviction had taken place. (y) XLVII. And- be it enacted, that nothing contained in this act shall prevent the escheat or forfeiture of any lands or personal estate vested in any such trustee or mortgagee, so far as relates to any beneficial in- terest therein of any such trustee or mortgagee, but such lands or per- sonal estate, so far as relates to any such beneficial interest, shall be re- coverable in the same manner as if this act had not passed. («) XLVIII. And be it enacted, that where any infant or person of un- sound mind shall be entitled to any money payable in discharge of any lands, stock, or chose in action conveyed, assigned, or transferred under this act, it shall be lawful for the person by whom such money is pay- able to pay the same into the Bank of England, in the name and with the privity of the accountant-general, in trust in any cause then depend- ing concerning such money, or, if there shall be no such cause, to the credit of such infant or person of unsound mind, subject to the order or disposition of the said court ; and it shall be lawful for the said court, r^QOni ^V^^ petition in a summary way, to order any *money so paid to L J be invested in the public funds, and to order payment or distri- bution thereof, or payment of the dividends thereof, as to the said court shall seem reasonable; and every cashier of the Bank of England who shall receive any such money is hereby required to give to the person paying the same a receipt for such money, and such receipt shall be an effectual discharge for the money therein respectively expressed to have been received. XLIX. And be it enacted, that where in any suit commenced or to be commenced in the Court of Chancery it shall be made to appear to the court by affidavit that diligent search and inquiry has been made after any person made a defendant, who is only a trustee, to serve him with the process of the court, and that he cannot be found, it shall be {x) See now 16 & IT Vict. c. 13?, ss. 28, 32. Re Davenport's Charitj, 4 De Gex, Mac. & Gor. 839 ; and see p. 718, supra. {y) This section is a re-enactment almost verbatim of section 3 of the Escheat and Forfeiture Act. See now section 8 of the Extension Act, giving the court power to appoint new trustees in the place of persons convicted of felony. (z) This is a re-enactment of sect 5, of the Escheat and Forfeiture Act. TRUSTEE ACT, 185 0. 701 lawful for the said court to hear and determine such cause, and to make such absolute decree therein against every person who shall appear to them to be only a trustee, and not otherwise concerned in interest in the matter in question, in such and the same manner as if such trustee had been duly served with the process of the court, and had appeared and filed his answer thereto, and had also appeared by his counsel and solici- tor at the hearing of such cause : Provided always, that no such decree shall bind, affect, or in anywise prejudice any person against whom the same shall be made, without service of process upon him as aforesaid, his heirs, executors, or administrators, for or in respect of any estate, right, or interest which such person shall have at the time of making su^ch decree for his own use and benefit, or otherwise than as a trustee as aforesaid. L. And be it enacted, that when any person shall, under the provi- sions of this act, apply to one of the masters of the Court of Chancery in the first instance, and adduce evidence, for the purpose of obtaining the certificate of such master as a foundation for an order of the said lord chancellor intrusted as aforesaid, or the said court of chancery, it shall be lawful for the said master to order service of such application upon any person, or to dismiss such application, and to direct that the costs of any persons consequent thereon shall be paid by the person making the same ; and all orders of the master under this act shall be enforced by the same process as orders of the court made in any suit against a party thereto. LI. And be it enacted, that the lord chancellor intrusted as aforesaid, and the Court of Chancery, may order the costs and expenses of and relating to the petitions, orders, directions, conveyances, assignments, and transfers to be made in pursuance of this act, or any of pgQ;^-! *them, to be paid and raised out of or from the lands or per- L J sonal estate, or the rents or produce thereof, in respect of which the same respectively shall be made, or in such manner as the said lord chancel- lor or court shall think proper.(a) LII. And be it enacted, that upon any petition being presented under this act to the lord chancellor intrusted as aforesaid, concerning a person of unsound mind, it shall be lawful for the said lord chancellor, should he so think fit, to direct that a commission in the nature of a writ cle lunatico inquirendo shall issue concerning such person, and to postpone (a) See, as to the costs of an infant trustee, Ex parte Cant, 10 Vesey, 554 : and as to those of an infant mortgagee, Ex parte Ommaney, 10 Sim. 298 ; Miltown v. Trimbleston, 1 Fl. & Kelley, 328 : the first case decided under the 7 Anne, c. 19, the two latter under the 1 W. 4, c. 60. As to the costs of a lunatic trustee or mortgage, see note (t), p. 883, supra. The costs of applications for the appointment of new trustees come out of the corpus of the trust fund. Re Fellows' Settlement, 1 Jur. N. S. 62 ; Re Fulham, 15 Jur 69- Ex parte Davies, 16 Jur. 882. And in the last-named case the court, though after some hesitation, declared that certain costs incurred under the act should, with interest at 4 per cent., form a charge on the inheritance. In Re Primrose's Settlement, 5 Weekly Rep. 508, the master of the rolls was of opinion, that he had no jurisdiction under this act to order respondents to pay costs. But compare the decision in Re Woodburn, 5 Weekly Rep. 649, under the Trustee Re- lief Act. 702 LEWIN ON THE LAW OF TRUSTS, ETC. makino- any order upon such petition until a return shall have been made to such commission. LIII. And be it enacted, that upon any petition under this act being presented to the lord chancellor intrusted as aforesaid, or to the Court of Chancery, it shall be lawful for the said lord chancellor, or the said Court of Chancery, to postpone making any order upon such petition until the right of the petitioner or petitioners shall have been declared in a suit duly instituted for that purpose. (Z^) LIV. And be it enacted, that the powers and authorities given by this act to the Court of Chancery in England shall extend to all lands and personal estate within the dominions, plantations, and colonies be- longing to her majesty (except Scotland.) LV. And be it enacted, that the powers and authorities given by this act to the Court of Chancery in England shall and may be exer- cised in like manner and are hereby given and extended to the Court of Chancery in Ireland with respect to all lands and personal estate in Ireland. LVI. And be it enacted, that the powers and authorities given by this act to the lord chancellor of Great Britain intrusted as aforesaid, shall extend to all lands and personal estate within any of the dominions, plantations, and colonies belonging to her majesty (except Scotland and Ireland. Vc) r*Qn9n *LVII. And be it enacted, that the powers and authorities L J given by this act to the lord chancellor of Great Britain intrust- ed as aforesaid, shall and may be exercised in like manner by and are hereby given to the lord chancellor of Ireland intrusted as aforesaid, with respect to all lands and personal estate in Ireland. LVIII. And be it enacted, that in citing this act and other acts of parliament, and in legal instruments and in legal proceedings, it shall be sufficient to use the expression " The Trustee Act, 1850. '^ LIX. And be it enacted, that this act shall come into operation on the first day of November, one thousand eight hundred and fifty. LX. And be it enacted, that this act may be amended or repealed by any act to be passed in this session of parliament. (b) Thus a suit was directed where a father purchased in the name of his son, but without intending an advancement, and the court refused to declare the son, who was a lunatic, a trustee for his father without a suit. Collinson v. Collinsou, 3 De Gex, Mac. & Gor. 409 ; and see Re Burt, 9 Hare, 289. (c) The Lord Chancellor of Great Britain, sitting in lunacy, has no jurisdiction over lands in Ireland. Re Davies, 3 Mae. k Gor. 278. TRUSTEE EXTEISIOJf ACT, 1852. 15° & 16° Victoria, Cap. 55. An act to extend the Provisions of " The Trustee Act, 1850. [30«A June, 1852.] Whereas it is expedient to extend the provisions of the Trustee Act, 1850 : Be it therefore enacted by the queen's most excellent majesty, by and with the advice and consent of the lords spiritual and temporal, and commons, in this present parliament assembled, and by the authori- ty of the same. I. That when any decree or order shall have been madefa) by any court of equity directing the sale of any lands for any purpose what- ever,(6) every person seised or possessed of such land, or entitled to a contingent right therein, being a party to the suit or proceeding in which such decree or order shall have been made, and bound thereby, or being otherwise bound by such decree or order, shall be deemed to be so seised or possessed or entitled (as the case may be) upon a trust within the meaning of the Trustee Act, 1850 ; and in every such case it shall be lawful for the Court of Chancery, if the said court shall think it expedient for the purpose of carrying such sale into eflPect, to make an order vesting such lands or any part thereof, for such estate as the court shall think fit, either in any purchaser(c) or in such *other person as the r^qn i -i court shall direct ; and every such order shall have the same effect L -J as if such person so seised or possessed or entitled had been free from all disability, and had duly executed all proper conveyances and assign- ments of such lands for such estate. [a) A decree made before the passing of this act is within the operation of this clause, Wake v. Wake, IT Jur. ^45. {b) The 30th section of the Trustee Act, 1850, applied only to decrees directing a sale for the payment o( debts ; and consequently where the decree for sale had been made in order to provide a fund available for payment of costs, the court had no power to make a vesting order, Weston v. Filer, 5 De Gex & Sm. 608. This enact- ment remedies the inconvenience. (c) Where lands are sold in several lots to different purchasers, the purchasers of the different lots may join in one petition, Rowley v. Adams, 14Beav. 130. The purchaser is the proper person to apply, Ayles v. Cox, 17 Beav. 584 ; but the plain- tiffs and purchaser may join if they think fit, Rowley v. Adams, ubi supra. The costs of the petition fiill upon the vendor, Ayles v. Cox, ubi supra. 704 LEWIN ON THE LAW OF TRUSTS, ETC. II. That sections numbered seventeen and eighteen in the queen's printer's copy of the Trustee Act, 1850, be repealed ; and in every case where any person is or shall be jointly or solely seised or possessed of any lands or entitled to a contingent right therein upon any trust, and a demand shall have been made upon such trustee by a person entitled to require a conveyance or assignment of such lands, or a duly authorized agent of such last-mentioned person, requiring such trustee to convey or assign the same, or to release such contingent right, it shall be lawful for the Court of Chancery, if the said court shall be satisfied that such trus- tee has wilfully refused or neglected to convey or assign the said lands for the space of twenty-eight days after such demand, to make an order vesting such lands in such person, in such manner and for such a state as the court shall direct, or releasing such contingent right in such manner as the court shall direct; and the said order shall have the same effect as if the trustee had duly executed a conveyance or assignment of the lands, or a release of such right, in the same manner and for the same estate. (cZ) III. That when any infant shall be solely entitled to any stock upon any trust, it shall be lawful for the Court of Chancery to make an order vesting in any person or persons the right to transfer such stock, or to receive the dividends or income thereof; and when any infant shall be entitled jointly with any other person or persons to any stock upon any trust, it shall be lawful for the said court to make an order vesting the right to transfer such stock, or to receive the dividends or income thereof, either in the person or persons conjointly entitled with the infant, or in him or them together with any other person or persons the said court may appoint, (e) IV. That where any person shall neglect or refuse to transfer any r*Qnf^i ^^^'Ock or to receive the dividends or income thereof, or to sue L -I for or recover any chose in action, or any interest in respect thereof, for the space of twenty-eight days next after an order of the Court of Chancery for that purpose shall have been served upon him,(/) it shall be lawful for the Court of Chancery to make an order vesting all the right of such person to transfer such stock, or to receive the dividends or income thereof, or to sue for and recover such chose in action, or any interest in respect thereof, in such person or persons as the said court may appoint. V. When any stock shall be standing in the sole name of a deceased {d) Under the Htli & 18th sections of the Trustee Act, 1850, the power of the court arose only upon written refusal to convey, or neglect or refusal so to do after tender of a proper deed. The former contingency was of rare occurrence, and con- siderable difficulty was often experienced in bringing the case within the terms of the latter. See as to copyholds, Rowley v. Adams, 14 Beav. 130. See notes on section 23 of Trustee Act, 1850, and note (a), p. 837, supra. (e) In Cramer v. Cramer, 5 De Gex & Sm. 312, Vice-Chancellor Parker held that the Trustee Act, 1850, having conferred no general power in the case of an infant trustee of stock, the court had no authority to make a vesting order with regard to stock held by an inf\\nt trustee out of the Jurisdiction. Hence this enact- ment. (/) See the case of Mackenzie v. Mackenzie, 5 De Gex & Sm. 338 ; and of Re Hartnall, 5 De Gex & Sm. HI ; the decisions in which probably suggested this clause. TRUSTEE EXTENSION ACT, 185 2. 705 person, and his personal representative shall refuse or neglect to trans- fer such stock or receive the dividends or income thereof for the space of twenty-eight days next after an order of the Court of Chancery for that purpose shall have been served upon him, it shall be lawful for the Court of Chancery to make an order vesting the right to transfer such stock, or to receive the dividends or income thereof, in any person or persons whom the said court may appoint VI. When any order being or purporting to be under this act, or under the Trustee Act, 1850, shall be made by the lord chancellor intrusted as aforesaid, or by the Court of Chancery, vesting the right to any stock, or vesting the right to transfer any stock, or vesting the right to call for the transfer of any stock, in any person or persons, in every such case the legal right to transfer such stock shall vest accordingly ;(^) and the person or persons so appointed shall be authorized and empowered to execute all deeds and powers of attorney, and to perform all acts relating to the trans- fer of such stock into his or their own name or names, or otherwise, to the extent and in conformity with the terms of the order ; and the Bank of England, and all companies and associations whatever, and all persons, shall be equally bound and compellable to comply with the requisitions of such person or persons so appelated as aforesaid, to the extent and in conformity with the terms of such order, as the said Bank of England, or such companies, associations, or persons would have been bound and com- pellable to comply with the requisitions of the person in whose place such appointment shall have been made. VII. That every order made or to be made, being or purport- n^jcQAp-i ing *to be made under this or the Trustee Act, 1850, by the L J lord chancellor intrusted as aforesaid, or by the Court of Chancery, and duly passed and entered, shall be a complete indemnity to the bank of England, and all companies and associations whatsoever, and all persons, for any act done pursuant thereto ; and it shall not be necessary for the bank of England, or such company or association or person, to inquire concerning the propriety of such order, or whether the lord chancellor intrusted, as aforesaid, or the Court of Chancery had jurisdiction to make the same. VIII. That when any person is or shall be jointly or solely seised or possessed of any lauds or entitled to any stock upon any trust, and such person has been or shall be convicted of felony, it shall be lawful for the Court of Chancery, upon proof of such conviction, to appoint any person to be a trustee in the place of such convict, and to make an order for vesting such lands, or the right to transfer such stock, and to receive the dividends or income thereof, in such person to be so appointed trus- tee ; and such order shall have the same effect as to lands as if the con- vict trustee had been free from any disability and had duly executed a conveyance or assignment of his estate and interest in the same. IX. That in all cases where it shall be expedient to appoint a new trustee, and it shall be found inexpedient, difficult, or impracticable so to do without the assistance of the Court of Chancery, it shall be lawful for (ff) See the decision in Smyth's Settlement, 4 De Gex & Smale, 499, which doubtless was the cause of this and the next following section. 706 LEWIN ON THE LAW OF TRUSTS, ETC. the said court to make an order appointing a new trustee or new trustees, whether there be any existing trustee or not at the time of making such order. (7i) X. In every case in which the lord chancellor intrusted as aforesaid has jurisdiction under this act, or the Trustee Act, 1850, to order a con- veyance or transfer of land or stock, or to make a vesting order, it shall be lawful for him also to make an order appointing a new trustee or new trustees, in like manner as the Court of Chancery may do in like cases, without its being necessary that the order should be made in chancery as well as in lunacy, or be passed and entered by the registrar of the Court of Chancery. XI. That all the jurisdiction conferred by this act(i) on the lord chancellor, intrusted by virtue of the queen's sign manual with the care of the persons and estates of lunatics, shall and may be bad, L ' J *exercised, and performed by the person or persons for the time being intrusted as aforesaid. XII. That this act shall be read and construed according to the defi- nitions and interpretations contained in the second section of the Trustee Act, 1850, and the provisions of the said last-mentioned act (except so far as the same are altered by or inconsistent with this act) shall extend and apply to the cases provided for by this act, in the same way as if this act had been incorporated with and had formed part of the said Trustee Act, 1850. XIII. That every order to be made under the Trustee Act, 1850, or this act, which shall have the eifect of a conveyance or assignment of any lands, or a transfer of any such stock as can only be transferred by stamped deed, shall be chargeable with the like amount of stamp duty as it would have been chargeable with if it had been a deed executed by the person or persons seised or possessed of such lands, or entitled to such stock; and every such order shall be duly stamped for denoting the payment of the said duty. (h) See note (p), p. 895, supra, as to the doubt ^hich led to this enactment. (0 See Re Waugh's Trust, 2 De Gex, Mac. & Gor. 279. Re Pattinson, 21 L. J. Ch. 280. The doubts there raised, were, as respects the jurisdiction conferred by the Trustee Act, 1850, removed by the 15 & 16 Vict. c. 87, s. 15, (date of Royal Assent, 1st July, 1852). APPENDIX. No. I. Strode v. Winchester. Supra, p. 71. The following is a brief note of the case from the Registrar's Book : Ferdinando John Paris, being desirous of leaving his fortune to Lucy Naomi Strode, but without the knowledge of her husband, who had married her against the wishes of the testator, fixed upon Elizabeth Gough, the mother of the said Mrs. Strode, to be the sole trustee, and acquainted lier therewith, and received a solemn promise from her, that she would take care of every thing for the separate use of her daughter. Paris, by his will, gave all his real and personal estate to Mrs. Gough, and made her sole executrix ; and by a paper writing, which bore even date with and accompanied the will, he addressed Mrs. Gough as follows : — "I have given you the whole of what I have in the world, and I wish I had more to give in the same way. You know the unhappy reason why I could not leave you a partner in the donation, but I greatly trust you will answer my often declared design and intention, and therefore would not fetter you with any trust, nor with any co-executor ; and I beg you to answer my purpose most effectually, in full opinion whereof I have made my will in this manner, relying on your fidelity therein. One of my motives to this disposition is, the promise I made to my late wife in her last moments to take the best care I could of you and yours. I have other motives also, from your own great care and trouble taken for me ; and, lastly, the great and true regard which I have for yourself and that dear girl, who was my wife's favorite. Do not disappoint my expec- tation of you." A mass of evidence was read relative to the intentions of the testator, and the conduct and the declarations of Mrs. Gough, and the court decreed, 'rinciple, and upon analogy to several well-established rules in equity, it would appear that there is no doubt as to the proper solution of this question. The only difficulty arises from some few cases or dicta of the judges, which it is impossible to reconcile with these principles or these rules; and some of the cases pro- APPENDIX, 711 ceed from authority so high, that, if not absolutely binding on the court, they ought at least to make it extremely cautious in pronouncing any judg- ment inconsistent with them. If a testator devises land for purposes altogether illegal, or which altogether fail, the heir-at-law takes it as undis- posed of. If a testator gives personal property for purposes altogether illegal or which altogether fail, the next of kin takes it, as in the case of an intes- tacy, as undisposed of. If a testator devises lands for purposes which are in part illegal, or which partially fail, or which require part only of the lands devised, the heir takes so much of the land as is undisposed of, and which was destined for the purpose, which by law cannot, or in fact does not, take effect, and so much as is not required for the purposes of the *will; and this whether the land be actually sold or not. But f-:i;Q-jq-| here, it is said, the analogy between the cases of land and money l J ceases, and that if a testator directs money to be laid out in the purchase of land for purposes which are partly illegal, or which partially fail, the next of kin has no such interest in the money, as cannot be applied to the purposes of the will; but if there are purposes legal and feasible which re- quire the investment, the next of kin are excluded. And why are they to be so excluded ? The proposition assumes the property in question, that is, a portion of the interest in the property, is not disposed of by the will, and the law gives to the next of kin all the personalty not disposed of. Is it from any incapacity in the next of kin to take property which exists in the form of land ? That cannot be. In equity money may be con- sidered as land, or land as money, according to circumstances. A man who has agreed to sell his land, and dies intestate, dies seised of the land — his property exists as land — it descends as land to the heir. The next of kin, so far from being incapable of succeeding to property that exists in the form of land, are entitled to the purchase-money to be paid in lieu of the land so contracted to be sold. So it is with respect to mortgages in fee, of which the mortgagee dies seised, so that it cannot be that his next of kin are to be excluded, because the property exists in the form of land. But if there be this difficulty in stating why the next of kin are to be excluded, there is at least as much difficulty in showing how the heir-at-law may be entitled, 'as regards the personalty. The pro- position assumes the property was personalty of the testator at the moment of his death, and there was no seisin in him of any thing of any inheri- table quality. Can the heir, as such, inherit what never was inheri- table ? Can he take from the ancestor what the ancestor never had? It cannot be necessary to pursue this any further. If the heir cannot take, as such, there is then one other character in which he can take : he must claim under the will. Doubtless an heir may take as devisee in such a case, but then he must show from the will itself a gift in his favour. He must show an intention that in the events which have hap- pened, the heir should take ; but this supposition the proposition itself excludes, because it assumes an intention to bestow the whole benefit'on others ; and there is not in this case, or in the case supposed, any inten- tion expressed, or to be implied, as to the destination of the property in the event of the disposition made not taking effect. If indeed an heir claims as such, he is not defeated by the intention to disinherit, if mani- 712 LEWIN ON THE LAW OF TRUSTS, ETC. festly any sucli intention for any reason fails to take effect. I am now considering the claim of the heir, not by virtue of that title which the law gives to him of inheriting all the property not effectually given away, but as a devisee under the will — but as the person designated by this testator as his devisee, and in the event that has happened. If the tes- tator was simply to direct an investment of a sum in land, and declare no trust in it, the heir might with some plausibility contend the testator could have had no other object but to create or add to his real estate, and that it might be enjoyed in that line by whom that description of pro- perty is by law inheritable. But it is obvious, when the particular pur- pose of the investment is declared, and the particular persons are speci- fied, as alone the objects of the testator's disposition, there is no place for any such contention. If, under such circumstances, the heir were to take as devisee, he would take in defiance of all the rules by which the rights of other persons claiming as devisees are regulated. He would take not only without any words *of gift, or any expression of intention L -1 in his favour, but against the true intent that others and not he should have the whole interest in the property. If the devise of per- sonalty for a purpose, part of which fails, be to be considered as a devise to the heir to the extent and as far as the object fails, why is not a devise of land to be converted into money for purposes which partially fail, to be considered as a devise to the next of kin to the extent of the failing of the first object of the gift ? The same expressions may be used in both instances ; and yet in one the legal successor to land is to take, yet in the other the legal successor to money is to be excluded. Under the circumstances, and for these reasons, had the case come before me to be decided on principle and on authority independent of two or three cases to which I shall particularly refer, I should not have felt any difficulty in deciding against the claim of the heir. It remains to be considered whether I am bound by these cases to decide in his favour. An obser- vation was made by Mr. Pembcrton at the hearing, which removes much of the difficulty which would otherwise have arisen from the cases, namely, that no authority of an earlier date than Ackroyd v. Smithson ought to have much weight with me. The force of this observation will be felt, on adverting to what Lord Thurlow says in deciding that case. He says, ' I used to think, when it was necessary for any purpose of the testator's disposition to convert the land into money, that the undisposed land would be personalty.' Now this is precisely the argument used as to the conversion of money into land by Mr. Hodgson ; and here I can- not but observe, that this subject of conversion has given rise to two of the ablest arguments ever addressed to any court — that by Lord Eldon on the one side in Ackroyd v. Smithson, and that by Mr. Hodgson on the other, in the present case — an argument, which has, since it has been delivered, been frequently mentioned at the bar in terms of the highest praise, and in which I gladly avail myself of this opportunity to express my entire concurrence. In that argument it was necessarily admitted, if all the purposes of a devise failed, the whole belongs to the heir (^qu. next of kin.) But it was contended, that if the purposes are to be in part executed, and so that the right to have such an investment APPENDIX. 713 of money in land effectually existed in any one to answer such partial purpose, that the land so purchased, after answering such partial purpose, belongs to the heir. So thought Lord Thurlow, as to lands directed to be sold, before the argument in Ackroyd v. Smithson. No wonder, then, that there should be found before that time traces of authority in favour of the heir's claim to money, as there was of the next of kin's claim to land : but the exclusion of the latter is now too well settled to be disputed, and the argument for the heir rests on a sup- posed difference between the two. But no such difference was sup- posed to exist before Ackroyd v. Smithson : why then should it exist now ? If there be any substantial difference in principle, let it pre- vail, but if in principle there be no distinction, are not the decisions^ in Ackroyd v. Smithson and the subsequent cases, of higher authority than any decision which may have taken place before the principle was so thoroughly discussed and established as it was in that case ? In deciding in favour of the next of kin, I am following the principle of Ackroyd v. Smithson, and maintaining that uniformity of decision as to the conversion of land into money, and of money into land, which was supposed to exist before that time. The case of Lechmere v. Lord Carlisle(a) was cited for the heir ; but this and all other cases in which *the conversion was in the lifetime of the testator, I consider as ^^q, r-. not bearing upon the case. Indeed, in one view, these cases may L J be thought to bear against the claim of the heir. They proceed on this — that whereas, by the obligation to convert money into land in the life- time of the settlor, the money had become land in the ancestoi*, whenever the property was so situated the heir was held entitled to it. In the present case, the heir claims that which unxjuestionably was personalty at the moment of the death of the ancestor. Of the other cases cited for the heir, some were in support of his right as such claiming by inheri- tance, others in support of his claim as devisee. I will consider the latter class first. Smith v. Claxton,(6) which does not appear to me to have much application. There land was directed to be sold for purposes, some of which failed : it was decided that the heir took what was not required for the purposes of the will ; and the only question was, whether he took it as money or as land. This has no bearing on the question, whether in this case the heir or the next of kin of the testator are entitled. There the observations of Sir John Leach may be material, when some other of his decisions are to be observed upon hereafter. He says, ' The heir- at-law is entitled because the real estate was land at the devisor's death, and this part of the produce is an interest in that land not effectually devised, and which therefore descends to the heir. It is for this reason that the produce of an estate which the devisor directs to be sold can never be strictly part of his personal estate. If a devisor directs such produce to be paid to his executors, and applied as part of his personal estate, the executors take it as devisees.' Amphlett v. Parke(c) came before the same learned judge first. He thought the case came within the authority of Durour v. Motteux,(cZ) and Mallabar v. Mallabar,(e) and (a) 3 P. W. 211. (b) 4 Madd. 484. (c) 1 Sim. 2Y5. (d) 1 Ves. 390. (e) Cas. t. Talb. 78. May, 1858.— 46 "14 LEWIN ON THE LAW OF TRUSTS, ETC. expressed his regret he was there bouad to decide, that in that case, as the real estate was directed to be sold, and the proceeds were directed to he taken as part of the personal estate, and to be applied, together with his personal estate, in paying personal legacies, a gift of the residue of the personal estate passed, by the death of the legatee, a legacy arising from the real estate. He says, 'it is only from deference to these two cases that I arrive at the conclusion in this case, that the testatrix had in her view the improbable intention, that the moneys arising from the sale of the real estate should, for purposes not foreseen by her, have the same quality as if at her death they had been part of her personal estate.' Sir John Leach adhered to this opinion when the case was brought before him in 1827, as reported 4 Russell, 75 : but Lord Brougham reversed this decree, and decided in favour of the heir. Whatever may be the right decision in Amphlett v. Parke, the circumstances are so different from the present case, that it cannot be considered as bearing upon it. In that case the question was, whether the proceeds of the real estate, which were destined to the lapsed legacies, passed under the residuary clause. In the present case there is no residuary clause, but the heir claims under a direction to purchase land for purposes which fail. Phillips v. Phil- lips(/) comes nearest to the present. In that case there was a devise of land for sale and a direction that the proceeds should be deemed to be part of the personal estate, and should be subject to the disposition afterwards made of the personal estate. The proceeds of the sale and the personal *estate were then given to trustees to pay the debts and legacies, L J and the residue of the proceeds and of the personal estate was to be divided into fifths, to be paid to five residuary legatees. The death of one of them occasioned,a lapse as to one fifth. The question was, whether so much of it as arose from the proceeds of the land belonged to the heir or next of kin. Sir John Leach thought the next of kin entitled, resting his judgment on cases which had decided that the resi- duary clause might pass what was intended for legacies which lapsed or could not be carried into effect, considering the provision of the will before him as amounting to a direction, that the proceeds of the real estate should be considered as personal, not only for the purposes of the will, but for purposes never contemplated by the testator. To support that decision on his own principles, he must have considered the will as amounting to a direction that the proceeds of the land should be applied not only to the purposes of the will, but, in the event of any of those purposes failing, for the next of kin. It forms no part of the present purpose to consider whether that case can be supported on principle, or on any preceding authority. It is sufficient to observe, that it professes to be founded on a direction, that the proceeds of all the land should be deemed to be part of his personal estate, and it was merely a construction put on such a bequest : in the present case there is no direction that the money to be invested should be deemed to be part of the testator's real estate. If there had not been such a direction in Phillips v. Phillips Sir John Leach states that the rule established in Ackroyd v. Smithson would have prevailed. His judgment, therefore, in that case is no autho- (/) 1 M. & K. G49. APPENDIX. 715 rity for tlie claim of the lieir in tbis. In the next case of Jessopp v. ■Watson(^) he decided in favour of the heir, because he did not find in the will an expression equivalent to a direction that the proceeds of the real estate should for all purposes be considered as if it bad been personal estate at his death. On principle, therefore, the heir has not the autho- rity of that learned judge, because it cannot be said in this will there are any expressions equivalent to a direction that the money to be invested should be considered as if it had been real estate at the time of the testa- tor's death. In Kobinson v. Knight(A) the testator directed land to be purchased, and that it should be settled, after a previous limitation, to the use of his own right heirs, and the question was between the heir-at law and the residuary devisee. This was a mere question of construction between the parties, each of whom had upon the will sufficient terms of gift, whereas in the present case there is an absence of any terms of gift in favour of either of the contending parties. In support of the claim of the heir as such, not as devisee, the case of Hayford v. Benlows(i') was cited, not on account of the point decided, which was merely that, under the will, the residuary legatee took clear of debts, which were held to be payable out of the real estate, but for the sake of certain expressions used by Lord Cowper in giving judgment. He says, 'if a sum of money could be devised in trust to be laid out in laud, and the uses to which the land should go be not declared, if the money thus devised be consi- dered as land, why should not the benefit of the money go to the heir-at- law as a resulting trust ? It is on this, in the first place, to be observed, that this was not a point in the case, but the expression is merely a dic- tum. The decision was in 1716, and therefore *long before Ack- p^^, ,.-, royd V. Smithson, which was in 1780 ; and Lord Cowper through- L " J ■ out considered the rule as to money directed to be laid out in land, and land directed to be sold, as identically the same. Had he therefore con- sidered the rule as to the proceeds of land directed to be sold to be as it was established in Ackroyd v. Smithson, he could not have used this expression as to money directed to be invested in land. It is also to be observed, no case is cited as bearing on the proposition alluded to in the judgment. The case of Leslie v. The Duke of Devonshire(/.-) is that which creates the greatest difficulty. In that case the testator, by deed, created a trust of 60,000/., which he had on mortgage, and certain free- hold leases and leases for years. The 60,000?. were to be laid out in land, to be settled as to part on certain uses to his son and two daughters, and their children (it failed with them, all dying without issue,) the ultimate remainder to Joyce Leslie in fee. As to certain other parts, to certain other uses to his widow and children, which failed, and with ultimate remainder to Thomas Lyster in fee. And as to 8,500?., part of the 60,000?., due on a particular mortgage, and his freehold leases and leases for years, on trust, to secure certain annuities to his daughters, and the fee of the land to be purchased by the 8,500?., and the absolute interest in the freehold leases to his son. In this deed there was reserved a power of revocation ; and the testator by his will revoked the grant of two leases (^) 1 M. & K. 6G5. (A) 2Edea. 155. (?) Arabl. 582. {k) 2 B. C. C. 187. 716 LEWIN ON THE LAW OF TRUSTS, ETC. for years, and of a mortgage, part of the 60,000/., but not part of the 8 500/., and lie charged his annuities to his daughters on the 8,500/., mortgage, and another of 6,700/., not included in the settlement ; and he in'troduced another annuity to another person ; and then directed, that the said annuities being paid, the surplusage of interest of the two mort- crages, or of the rents of the land to be purchased, should be paid to his son for life, and then should be settled in trust, after the manner, and under the same conditions, limitations, and restrictions, as his other estates were directed to be settled. All the testator's children died without issue, but the son devised all his real and personal estate to his wife ; she died intestate as to her real estate, and the Duke of Devon- shire who was her heir, and who derived his title from the testator's son, claimed the 8,500/. and the 6,700/. To support this claim, it was endeavored to show the testator's son had been entitled to these sums as real estate. It was immaterial whether he was entitled under the deed, as devisee under the will, or as heir. His counsel made three points : first, whether the gift was void, and, as such, went to the personal repre- sentative ; secondly, whether it was to be divided into portions between the classes of devisees ; and, thirdly, whether it went to the third class, that is to say, to the son in fee ; and they insisted on the third of these propositions. It is to be observed, that they did not claim it as having vested in the son as heir, on the supposition of the devise being void for uncertainty, although that would have been equally maintainable, but seemed to assume, if the devise was void, then the personal representative would take the mortgages, and, if the decision had been merely in favor of the duke's claim as deriving title through the heir of the testator, it "would obviously have been referred to the ground taken in argument by his counsel, and would have been no authority in support of the claim of the heir in the present case ; but, according to Mr. Brown's report of the r*QlRn judgment. Lord Kenyon took no notice of the point urged, but L -I *decided in favour of the title of the heir, on the ground of intes- tacy, and this without time taken for consideration, without any one case being cited, or any argument addressed to that question. Possibly Lord Kenyon's view of the question was mistaken by the reporter : as it stands, it appears to be an authority for the claim of the heir. The character of the judge entitles every decision of his to the highest respect, but in this case the circumstance above mentioned detracts from the authority of the opinion expressed. The case of Tregonwell v. Sydenham(/) was also much relied on ; but that case also is applicable only on account of cer- tain observations of Lord Redesdule, and not from the decision itself. The testator devised land in strict settlement, subject to a certain trust for raising 20,000/., which were directed to be laid out in the purchase of land to be settled to certain uses, which were void, as being too remote ; and the decision was, that the 20,000/. belonged to the heir. This deci- sion does not touch the present question ; that was not personalty directed to be invested in land, but land first directed to be converted into money and re-invested into land, and all the purposes for which this was to be done having failed, the heir took the land so directed to be converted {I) 3 Dow. 194. APPENDIX. 717 into money. Lord Redesdale does not advert to this circumstance, but is made to say, < It has been established in many cases, that where land is directed to be turned into money, or money is directed to be laid out in land, both shall be considered as that species of property into which they are directed to be converted. Considering the 20,000/. as land, the disposition not being capable of being cai-ried into effect, who is to take ? The heir-at-law must take. If the testator had directed 20,000/. to be paid out of the personal estate, and lands to be purchased, these lands, on failure of the intended purpose, would go to the heir-at-law ; the per- sonal representative could not take, as the money was converted into land.' It is to be observed, Lord Redesdale, in this observation, consi- ders the same rule as applicable to the conversion of land into money as money into land, and yet the observation he makes as to the latter, if applied to the former, would be directly at variance with Ackroyd v. Smithson. Unquestionably, however, if Lord Redesdale did use this expression, the heir-at-law in this case has his high authority in support of the proposition for which he contends. But I can consider them only as dicta, there being other and better grounds to support that judgment. The case of Fletcher v. Chapmanf??i) has been considered as conclusive in favour of the claim of the heir. It is so treated in Mr. Jarmau's edition of Powell on Devises, vol. ii. p. 74, and was so argued in this case. If I considered that case as a distinct decision of the point in question, I should, as the decision of the house of lords, have felt bound by its authority. That case, therefore, required my most anxious consi- deration, and I have had the registrar's book examined, for the purpose, if possible, of throwing some light on the report. The particulars of that case, as taken from the registrar's book, are as follows : — George Good- man, the testator, by his will directed 1,000/. to be invested in the pur- chase of lands, to be so settled as that William Goodman, his nephew, should have an estate therein for his life only, and in case William Goodman did not do such acts as should be necessary whereby to limit the said land so to be purchased as that he might only have an estate for life therein, and likewise to bar himself of all other claims and demands in, unto, or out of the estate of George Goodman, then he *devised to the said William 40/. only. Jane, the testator's r^f^Q-iQ-i widow, was his administratrix. She paid William Goodman L J 300/. on account of the 1,000/., and advanced him 200/., which two sums he laid out in the purchase of land, and then died, leaving two children, George, who afterwards died, and the defendant, Jane Fletcher, both at that time infants. The defendant Cockerell was the guardian of these children, and on their behalf entered into an agreement with Jane, the administratrix of the testator, by which it was arranged that the 200/. advanced by her to William should go in further part of the 1,000/., and she should pay to Cockerell the remaining 500/., which was accord- ingly paid, whereon he conveyed certain land to Jane, the administra- trix, and to the defendant Newton, as a security that the 300/., the 200/., and 500/. should be laid out and settled according to the intent of the testator. Elizabeth, the late wife of the plaintiff, Thomas Chapman, {m) 3 B. P. C. Toml. ed. 1. 718 LEWIN ON THE LAW OF TRUSTS, ETC. was the heir-at-law of the testator, and the other plaintiff, Roger, was Thomas Chapman's son. Jane, the administratrix of the testator, died, and there is no statement in the pleadings as to any representation of the testator's estate having been obtained after her death. The plaintiffs were the surviving husband of the heiress of the testator, and his son, and the defendants were Newton, the trustee, and Cockerell (who had entered into the arrangement, and who had received the 700?., and who was also administrator to William Goodman,) and Jane, the only surviv- ing child of "William Goodman; and the object of the bill was, to have it declared the 1,000?., or the land purchased with it, belonged to Eliza- beth, the heiress of the testator, as against the children of William Goodman. On the part of the defendant Cockerell, it was insisted the whole administration to the testator had been granted to Gabriel Good- man, with Jane : he died in the lifetime of Jane, and they had agreed the testator's debts and legacies should be paid, and to that end the securities in writing concerning his personal estate should be deposited in the hands of the defendant Newton. He then stated a suit, after the death of William Goodman, to which Elizabeth Chapman, the heiress of the testator, was party, in which a decree was made in 1680, to take accounts of the testator's estate. He then stated the estate so conveyed by Cockerell to Jane, as administratrix to the testator, had been settled on Jane and George, the two children of William Goodman ; the other part of the 1,000/. had been invested on mortgage; and insisted that Jane Fletcher, the only surviving child of William Goodman, was entitled. The defendant Newton, by his answer, represented himself solely as a trustee of the land conveyed by Cockerell, and submitted to act as the court should direct. By the decree it was declared, that, the testator having declared that William Goodman should have an estate for life only, the 1,000/., or land purchased therewith, belonged to the testator's heir-at-law, and not to the children of William Goodman. It directed the payment of the 700/. received by Cockerell from Jane, the adminis- tratrix of the testator, and an account, and payment of the rents of three-fifths of the land purchased by William Goodman, and a conveyance of the three-fifths, and the other two-fifths of the rents of this land to be paid to the defendant, Jane Fletcher; the plaintiff, Thomas Chapman, to have the whole of the 700/., and the interest of three-fifths of the land, for his life, and afterwards to his son, the other plaintiff. It is- quite clear, in this case, there was no contest between the real and per- sonal representative of the testator, George Goodman. There was no personal representative before the court. It was said in the argument P9201 *^° *^^ ^^^^ ^^^ before me, that Newton represented in fact the L -J personal estate, because it had been assigned to him. There is no trace of this in the pleadings of record : it is undoubtedly stated in Cockerell's answer, that by articles in 1773, it was agreed between Jane, the widow, and Gabriel, the administrator of the testator, the testator's debts and legacies should be paid, and to that end the securities and writings concerning his personal estate should be deposited in the hands of the defendant Newton. This was only to insure the arrangements between the parties, and gave Newton no interest in the property ; and APPENDIX. 719 he does not claim any. From tliis decree tlie child of William Good- man appealed, and Chapman, representing the heir of the testator, was respondent. It is reported in 3 B. P. C. 1. But here, also, it is obvi- ous there was no question between the real and personal representative of the testator. Jane, his administratrix, had paid the 1,000^., and no person representing his personal estate was in any way a party to the contest. It is a case in which the heir was declared entitled to the money directed to be laid out in land, not to any declared purpose which failed, but for the limited interest, that is, for the life of William Grood- man ; but it is not a decision that, even in that case, the heir was entitled against the personal representative. No such case was made by the pleadings, or argued, or decided^ and, there being no party to raise that question, this case therefore decides nothing as to the present matter in contest. Greaves v. Case, as reported 1 Vesey, jun., 548, would appear to be an authority for the heir, but in the report of the same case, 2 Cox, 301, it is stated the plaintiff was both-heir-at law and next of kin, and therefore entitled in one character or the other : it was not discussed in what character he took, and the point decided was a different one. Many cases were cited against the claim of the heir, but as they were either to establish general principles, which I do not consider in dispute, or with reference to the point in the case, to which the opinion I have formed on this particular point makes it needless for me to advert, I do not think it necessary to examine them in detail. I may observe, no case was cited against the heir in which the point now contended for by him was directly raised and decided. It was argued, indeed, that Abbot v. Lee(?i) was precisely this case : but it appears the decision, although against the testator's heir, was not in favour of his personal representa- tive, but gave the 550?. and 1501. to the representative of Mary, the legatee, considering that her interest in these sums was absolute. There are, however, some of the cases cited for the defendant, which, although nor precisely the case before me, are most important, as showing, that when the whole object of the bequest of money to be converted into land fails, the personal representative is entitled, and as showing the question of conversion of money into land, and land into money, has by the highest authority been considered as regulated by the same rules. Such are the cases of Robinson v. Taylor,^^) Townley v. Bedwell,(ji:>) besides others, to which I need not refer. The result of the whole authorities seems to be, that before Ackroyd v. Smithson no distinction was recognized between the doctrine as applicable to a conversion of money into land, or land into money — that as to both an opinion prevailed, that when a conversion was necessary, and part of the object failed, the unappropriated proceeds belonged to that representative on whom the law cast that description of property in which such proceeds *were found to exist. This, as to land converted into money was p^„(^„ corrected in Ackroyd v. Smithson ; but no case has occurred in L "'J which the point has been argued and determined as to money converted into land. I say argued and determined, because, if determined in Leslie (n) 2 Vern. 284. (o) 2 B. C. C. 555 ; 1 Yes jun. 45. (ja) 6 Yes. 194. 720 LEW IN ON THE LAW OF TRUSTS, ETC. V. The Duke of Devonshire and Fletcher v. Chapman, it certainly was not argued; but there are undoubtedly fZ^'cfa of very eminent judges, since that time, which seem to show an impression on their mind, that the principle of Ackroyd v. Smithson was not to be applied to a conver- sion of money into land. Those learned judges had not the benefit, which I have had, of hearing the point fully and most ably argued; and having, after the fullest consideration, come to the conclusion that that principle does apply to the present case, and as I am not bound by any of the authorities to maintain a distinction which was not originally sup- posed to exist, and which cannot be maintained in reason, and which, therefore, if maintained, would be a reproach to the law as it stands, I feel myself fully justified in preserving the uniformity of the rule, as applicable to the two cases, by deciding against the claim of the plain- tiff; and I may be allowed to express some satisfaction in finding I am not compelled by authority to hold that any heir should take, as such, what had no inheritable quality, but was pure personal estate, at the time of the ancestor's death, or that, as devisee, he should take that which was never destined for him, but was in most unquestionable terms given to another. One other point was made for the heir, to which now I will very shortly allude. It was said as the testator had directed the estate should be purchased and remain in his name, his heir must have been a trustee of it, and, if it had been so purchased and so vested in the heir, there would be no equity on the part of the next of kin, as against the heir, to convert this land into money. That proposition fails in all its parts : there is nothing to show the heir is to be a trustee : the heir might indeed have borne a different name : if he had been a trus- tee, he would have held it as a trustee, and not as heir. And the rule, that there are no equities between representatives, would have had no application ; and if it had, it would have been fatal to the claim of the heir, who now seeks, after all the purposes of the will are answered, to convert to his own benefit, against the next of kin, what was money at the testator's death, and has ever since so remained. The argument of John James Stevens, the plaintiff, rests on the supposition that the 30,000?. ought to be considered as land as between the real and personal representative ; and as my judgment is against the validity of such claim, the bill must be dismissed, but without costs. I have some reluctance in refusing to give the defendants the costs, because, in general, I think that those who try the experiment of a claim should pay the expenses of it if they fail, however reasonable the ground may have been for trying it ; but this question is so involved in difficulty, from what has taken place and been said in courts of equity at different times, and arises so much from the act of the testator, from whom both claim, that I think it fair each party should bear their own costs." APPENDIX. 721 *No. IV. [*922] Supra, p. 568. Appointment of new Trustee of Stock. This Indenture, nicade the day of between E. F. of and G-. his wife (the donees of the 2:>oiver,) of the first part ; A. B. of (the continuing trustee,) and C. D. of {the retiring trustee,) of the second part, and I. K. of [the new trustee,) of the third part : Whereas, by an indenture of settlement bear- ing date the day of , and made or expressed to be made between, &c., being the settlement made in contemplation of the mar- riage then intended and soon afterwards solemnized between the said E. F. and G., his wife, after reciting that a sum of I. three per cent, consolidated bank annuities had been transferred into the joint names of the said A. B. and C. D. in the books of the Governor and Company of the Bank of England, It was witnessed, that for the consideration therein mentioned, it was thereby agreed and declared, that the said A. B. and C. D., and the survivor of them, and the executors, administrators, and assigns of such survivor, should stand possessed of and interested in the said sum of I. three per cent, consolidated bank annuities, upon trust, from and after the solemnization of the said marriage, to pay the dividends, interest, and annual produce thereof unto the said E. F. and his assigns, for his life, and after his decease, unto the said G. F. and her assigns, for her life, and after her decease, upon the trusts therein particularly mentioned for the benefit of the issue of the said marriage; and by the said indenture now in recital it was provided (rectVepoifer 0/ appointment of new trustees limited to E. F. and G. his wife, and the usucd direction for transfer of the trust fund, and declaration as^ to the powers of trustees :) And whereas the said C. D. is desirous of being discharged from the trusts of the said indenture, and the said E. F. and Gr., his wife, are desirous of appointing the said I. K. to be a trustee in the place of the said C. 1). ; And whereas the said sum of ^ I. three per cent, consolidated bank annuities is intended to be forthwith trans- ferred by the said A. B. and C. D. into the joint names of the said A. B. and I. K. in the books of the Governor and Company of the Bank of England : Now this indenture witnesseth, that in pursuance of the said desire on the part of the said E. F. and G., his wife, and by force and virtue and in exercise and execution of the power or authority by the said recited indenture limited to the said E. F. and G. his wife, and of every other power or authority in anywise enabling them or either of them in his behalf, they, the said E. F. and G. his wife, do and each of them doth by this deed or instrument in writing sealed and delivered by them in the presence of and attested by the two credible persons whoso names are hereupon indorsed as witnesses to the sealing and delivery hereof by the said E. F. and G. his wife,(<2) nominate and appoint the (q) The instrument executing the power must of course be in conformity with the terms of the powei*. 722 LEWIN ON THE LAW OF TRUSTS, ETC. said I K to be a trustee in the place of tlie said C. D. for the purposes of the said indenture, or such of them as are now subsisting and capable of taking effect ; And it is hereby agreed *and declared that the [*923] g^.^ j^ -g_ ^^^ J j^^ and the survivor of them, and the execu- tors administrators, and assigns of such survivor, shall stand and be pos- sessed of and interested in the said sum of I. three per cent, con- solidated bank annuities, when and so soon as the same shall have been transferred into the joint names of the said A. B. and I. K., and of and in the dividends, interest, and annual produce thereof, upon and for the trusts, intents, and purposes, and with, under, and subject to the powers, provisoes, agreements, and declarations in and by the said indenture of settlement expressed and declared of and concerning the same or such of the said trusts, intents, and purposes, powers, provisoes, agreements, and declarations as are now subsisting and capable of taking effect. In wit- ness, &c. No. V. Suprs, p. 568. Appointment of new Trustee of Chattels. This Indenture, made the day of , between A. B. of (the surviving trustee) of the first part ; E. F. of [party heneficially interested and s^ii juris){r) of the second part; G. H. of (new trustee) of the third part; and I. K. of , (provisional trustee) of the fourth part. \_Recite creation of trust of chattels, real or personal, in favour of E. F. for life, with limitations over, and a power of appointment of new trustees to the continuing or surviving trustee, hy deed or tcriting under hand and seal, with the usual direction for the transfer of the trust estate and the declaration as to powers.'] And whereas the said C. D. departed this life on or about the day of , leaving the said A. B. his co-trustee him surviv- ing; and whereas the said A. B. is desirous of appointing the said G. H. to be a trustee of the said recited indenture, in the place of the said C. D. deceased: Now this indenture witnesseth, that in pursuance of such desire, and by force and virtue, and in exercise and execution of the power or authority by the said recited indenture limited to the said A. B. and of every other power or authority inany wise enabling him in this behalf, he the said A. B. (with the full consent and approbation of the said E. F., testified by his being a party to, and executing these presents) doth by this deed or writing under his hand and seal, nominate and appoint the said G. H. to be a trustee in the place of the said C. D., deceased, for the purposes of the said indenture or such of them as are now subsisting and capable of taking effect. And this indenture further witnesseth, that in pursu- ance of the direction in this behalf in the said recited indenture con- tained, he the said A. B. (with the full consent and approbation of the (r) Though not a donee of the power, any party beneficially interested, who is sui juris, may properly join in the appointment. APPENDIX. 723 said E. F. testified as aforesaid) doth bargain, sell, and assign unto the said I. K., his executors and administrators, all and singnlar (describe the chattels, real or personal, %oith the proper app%irtenances,\ and all the estate, &c. To have and to hold the said {chattels, real or personal\ unto the said I. K., his executors and administrators, {or for all the residue and remainder now to come and unexpired of the said term of years) upon trust, *and to the intent that the said I. K., his exe- r;):Q9 ^-i cutors or administrators, may forthwith assign the same {or L "" J hereditaments for all the residue of the said term) unto the said A. B. and G. H., their executors, administrators, and assigns, upon and for the trusts, intents, and purposes, and with, under, and subject to the powers, provisoes, agreements, and declarations, in and by the said recited indenture expressed and declared, of and concerning the same or such of the said trusts, intents, and purposes, powers, provisoes, agreements, and declarations as are now subsisting and capable of taking effect. In witness, &c. Re-assignment to Tjc indorsed. This Indenture made, &c., between the within named I. K. of the one part, and the within named A. B. and Gr. H. of the other part, Witnesseth, that in pursuance of the trust in the within written indenture in this behalf contained, he the said I. K. doth bargain, sell, and assign unto the said A. B. and Gr. H., their executors, administrators, and assigns, all and singular (the chattels, real or personal, with tlieir appurtenances^ by the within written indenture assigned to the said I. K., his execu- tors and administrators, and all the estate, &c. To have and to hold all and singular (^Ae chattels, real or personal, with the ap>purtenances\ unto the said A. B. and Gr. H. their executors, administrators, and assigns, {or for all the residue and remainder now to come and unexpired of the said term of years, upon and for the trusts, intents, and purposes, and with, under, and subject to the powers, provisoes, agreements, and declarations in and by the within written indenture expressed and declared of and concerning the same {or hereditaments) or such of the said trusts, intents, and purposes, powers, provisoes, agreements, and declarations, as are now subsisting, and capable of taking effect. In witness, &c. Some add a covenant hy I. K. against incnmhrances. No. VI. Supra, p. 569. Ap)pointment of new Trustee of Freeholds hy single Deed. This Indenture, made the day of , between A. B. of (sui-viving trustee^ of the first part ', E. F. of , (party heneficicdJy interested) of the second part ; Gr. H. of , {relessee to uses\o{ the third part; and I. K. of {new trustee'^ of the fourth part. VRecite conveyance of freehold estates unto and to the use of A. B. and C. D., and their heirs, upon the trust therein mentioned, with a 724 LEWIN ON THE LAW OF TRUSTS, ETC. power ofajipointmentofnew trustees to the continuing or surviving trus- tee, and the usual direction for transfer of the estate and declaration as topowers.l And whereas the said C. D. departed this life on or about the day of , leaving the said A. B. his co-trustee him surviving. And whereas the said A. B. is desirous of appointing the said I. K. to be a trustee of the said recited indenture in the place of the said C. D. deceased. Now this indenture witnesseth, that in pur- suance of such desire, and by force and virtue, &c. [Insert ajipoint- ment hy A. B., of I. K-, to he trustee in the place of C. D., as in Appen- dix, No. V.l And this indenture further witnesseth, that in [ ^-^^J *pursuance of the direction in this behalf in the said recited in- denture contained, the said A. B. ( with the full consent and approbation of the said E. F. testified as aforesaid) doth by these presents grant and release unto the said I. K. and his heirs, all and singular [clescrihe the freeholds with their ajipurtenances,'] and the reversion, &c., and all the estate, &c., To have and to hold the said (^freeholds icith their appurte- nances) unto the said I. K. and his heirs, to the use of the said A. B. and I. K., their heirs and assigns, upon and for the trusts, intents, and purposes, and with, under, and subject to the powers, provisoes, agree- ments, and declarations, in and by the said recited indenture expressed and declared of and concerning the same, or such of the said trusts, intents, and purposes, powers, provisoes, agreements, and declarations as are now subsisting and capable of taking elFect. In witness, &c. No. VII. Supra, 569. Appointment of new Trustee of Freeholds hy two Deeds. This Indenture, made the day of , between A. B. of , {continuing trustee,) and C. D. of , [retiring trustee,') of the first part ; E. F. of , and G. his wife (tenants for life) of the second part; I. K. of , [new trustee) of the third part; and L. M. of , (j^rovisional trustee) of the fourth part. Whereas, by indentures of lease and release, bearing date respec- tively, &c., and made or expressed to be made between, &c., (being the settlement made in contemplation of the marriage then intended, and soon afterwards solemnized, between the said E. F. and G. his wife) for the consideration therein mentioned, &c. [Recite i-elease to A. B. and C. D. and their heirs, to the use of B. F. and G. 11. successively for life, with remainders over, and poioer of ap-pointment of new trustees to the surviving or continuing trustee, with the consent of E. F. and G. H.j during their lives, &c.~\ And by the said indenture of release and set- tlement now in recital, it was provided, that in case the said A. B. and C. 1)., or either of them, or any trustee to be appointed as thereinafter mentioned, or their or any of their heirs should die, or be desirous of being discharged from, or refuse, or decline, or become incapable to act in the trusts thereby declared before the same should be fully executed, it should be lawful for the said A. B. and C. D., and the survivor of i APPENDIX. 725 them, and the executors and administrators of such survivor, with the consent and approbation of the said E. F. and G. H., during their lives, and of the survivor of them, during his or her life, and, after the death of such survivor, at their or his sole discretion, by any writing or writ- ings under their or his hands and seals, or hand and seal, to nominate and appoint any other person or persons to be a trustee or trustees in the place of the trustee or trustees so dying, or desirous of being discharged from, or refusing, declining, or becoming incapable to act as aforesaid ', and that, upon such nomination and appointment, the said trust estates should, with all convenient speed, be conveyed and assured in such man- ner that the same might be legally and effectually vested in such new trustee jointly with the surviving or continuing trustee; or, in case there should be no surviving or continuing trustee, then in such new trustee or trustees only, to, for, and upon the *uses, trusts, in- r*g261 tents, and purposes thereinbefore expressed and declared of and L ■" J concerning the same ; and it was thereby declared, that every such new trustee should in all things act in the said trusts, and with the same powers and authorities as if he had been originally appointed a trustee by the said indenture of release and settlement now in recital. And whereas the said C. J), is desirous of being discharged from the trusts of the said indenture of release and settlement, and the said A. B. is desi- rous, with the consent of the said E. F. and G. his wife, of appointing the said I. K. to be a trustee in the place of the said CD.: Now this indenture witnesseth, that in pursuance of such desire on the part of the said A. B., and by force and virtue, and in exercise and execution of the power or authority in that behalf limited to him by the said indenture of release and settlement, and of every other power or authority in any- wise enabling him in this be half, he the said A. B., with the consent and approbation of the said E. F. and G. his wife (testified by their respec- tively being parties to and executing these presents,) doth by this deed or writing under his hand and seal, nominate and appoint the said I. K. to be a trustee in the place of the said C D. for the purposes of the said indenture of release and settlement, or such of them as are now subsist- ing and capable of taking effect. And this indenture further witnesseth, that in pursuance of the direction in this behalf contained in the said indenture of release and settlement, and by force and virtue, and in exer- cise and execution of the power or authority by the same indenture for this purpose given to the said A. B. and C. D., or either of them, and of every other power or authority in anywise enabling them or either of them in this behalf, they the said A. B., and C. D. do and each of them doth by these presents revoke, determine, and make void all and every the uses, trusts, intents, purposes, powers, provisoes, agreements, and declarations in and by the said indenture of release and settlement limited, expressed, declared, and contained, and now subsisting and capable of taking effect, of or concerning the freehold estates and here- ditaments hereinafter described or referred to, and of and concerning their rights, members, and appurtenances, and do and each of them doth direct, limit, and appoint that the same freehold estates and heredita- ments, with their appurtenances, shall henceforth go, remain, and be to 726 LEWIN ON THE LAW OF TRUSTS, ETC. tlie use of the said L. M., and his heirs, upon the trust and to the intent hereinafter expressed. And this indenture further witnesseth, that in further pursuance of the direction in the said indenture of release and settlement, in this behalf contained, the said A. B. and C. D. do and each of them doth by these presents, grant and release unto the said L. M., and his heirs, all and singular {tlie freeliold hereditaments,') and all other, if any, the hereditaments and premises comprised in the said in- denture of release and settlement, with their rights, members, and appur- tenances, and the reversion, &c., and all the estate, &c. To have and to hold the said {freelioJd hereditaments,') and all and singular other the pre- mises hereby released or intended so to be, with their rights, members, and appurtenances unto the said L. M. and his heirs, to the use of the said L. M. and his heirs, upon the trust and for the intent hereinafter expressed. And it is hereby agreed and declared, between and by the parties hereto, that the said hereditaments and premises hereinbefore mentioned or referred to, with their appurtenances, are hereinbefore appointed and released to the use of the said L. M. and his heirs upon trust, that the said L. M. or his heirs may forthwith convey the same hereditaments and premises, with their appurtenances, unto *the L "■ -I said A. B. and I K., and their heirs, to the uses upon and for the trusts, intents, and purposes, and with, under, and subject to the powers, provisoes, agi-eements, and declarations, to, upon, for, with, under, and subject to which the said hereditaments and premises, with their appurtenances, would now, under and by virtue of the said inden- ture of release and settlement, stand and be limited, or subject, in case this present indenture had not been executed, and the said I. K. had been originally made a relessee to uses, in and by the said indenture of release and settlement, instead of the said C. D., and accordingly the name of the said I. K. had in the said indenture been inserted through- out, instead of the name of the said C. D. \ Covenant hy C. D. against incumbrances.'^ In witness, &c. Reconveyance to lie indorsed. This Indenture made the day of , between the within named L. M. of the one part, and the within named A. B. and I. K. of the other part, Witnesseth, that in pursuance of the trust in the within written indenture in this behalf contained; he the said L. M. doth by these presents, grant and release unto the said A. B. and I. K., and their heirs, all and singular the hereditaments and premises, by the within written indenture appointed and released to the use of the said L. M. and his heirs, with their rights, members, and appurtenances, and all the estate, &c. To have and to hold the said hereditaments, and premises hereinbefore released, or intended so to be, unto the said A. B. and I. K., and their heirs, to the uses, upon and for the trusts, intents, and purposes, and with, under, and subject to the powers, provisoes, agreements, and declarations, to, for, upon, with, under, and subject to which the same hereditaments and premises would now, under, and by virtue of the within recited indenture of release and settlement stand APPENDIX. 727 and be limited or subject, in case the within written indenture, and these presents had not been executed, and the said I. K. had been originally made a relessee to uses, and trustee in and by the said within recited indenture of release and settlement, instead of the within named C. D., and accordingly the name of the said I. K. had in the same indenture been inserted throughout, instead of the name of the said C. D. In witness, &e. Some add a covenant hy I. K. against incumJj ranees. No. VIII. Sands v. Nugee. Supra, p. 533. July 5th, 1836. The Duke of Koxburgh, by will dated November 5th, 1803, gave all his estates, real and personal, to John Wanchope* and James Dundas upon trust to sell, &c., " with full power to each of the trustees before named or to be named by the testator, who should accept of the trust, to name and appoint any other person he pleased to succeed himself in the trust thereby created after his own decease, and also to the said ^nominees to name other persons to succeed to them respectively |-:(:Q9q-i in the said trust after their death, and that from time to time, L *^ J and at all times coming, aye, and until the trust should be completely executed, and the purposes thereof fulfilled. And also with power to the said trustees named or to be named by the testator, or to be assumed, as said was, accepting and surviving, or their quorum aforesaid, to assume and appoint any person or persons they pleased as joint trustees in the trusts thereby granted in place of any former trustee or trustees named or to be named by the testator, and assumed as aforesaid, who should decline to accept, or who should leave Britain or go abroad, or who should have deceased without naming a successor or successors to himself or themselves in the trust thereby created, and which trustees so to be assumed should have as full and ample power as was given to the trustees thereby appointed." The duke, a short time before his death, executed a deed of instruc- tions in the nature of a codicil, in which he gave certain directions as to the application of the proceeds of the sale, and died in March, 1804. Mr. Dundas disclaimed both as trustee and executor. Mr. Wanchope took out probate, and acted as trustee, and, in 1829, died, having, by will, dated in 1823, appointed John Spottiswoode, David Robertson, and Warren Hastings Sands to succeed him in the trusts of the duke's will, and devised and bequeathed to them all the trust estates. Spottiswoode and Robertson disclaimed, and Sands alone proved Wan- chope's will, and acted in the trusts. Sands put up certain premises to auction, and by the sixth condition of sale it was provided that " every purchaser should accept and be satis- fied with a conveyance from the trustee then acting in the execution of the *(?«. "Wauchope. 728 LEWIX ON THE LAW OF TRUSTS, ETC. trusts of the said will and codicil, by tlae latter of which it was declared that purchasers should be effectually discharged and secured by the con- veyances, releases, or discharges of such trustee." Mr. Nugee became the purchaser, and signed the agreement, but afterwards objected to the title, on the ground, in the words of the joint opinion of two eminent conveyancers, " that the devise in the will of John Wanchope to three trustees was not a valid exercise of the power which authorized each of the trustees to appoint any other person he pleased to succeed himself in the trusts thereby created after his own decease, and that the power which followed, to appoint any person or persons they pleased as joint trustees, did not apply to the case which had happened. That the purchaser was not bound by the sixth condi- tion of sale to accept and be satisfied with a conveyance from the acting trustee under the will of John Wanchope as the trustee then acting in the execution of the trusts of the will and codicil ; for it could not be intended to exclude the purchaser from objecting that the party was not a trustee authorized to act in the trusts." Sands filed a bill for specific performance ; and, the master haviag reported that a good title could be made " according to the contract," the defendant excepted to the report. Nugee was a willing purchaser; and the point arising upon the power was suggested to the court without being argued. The vice-chancellor was of opinion that Sands had been duly appointed under the power, and overruled the exception, with costs. [*929] *No. IX. Supra, p. 707. Cases on Gifts to Relations. %\ In Thomas v. Hole(s) a testator gave 500/. " to the relations of Eliza- beth Hole, equally to be divided between them ;" and Lord King deter- mined, that, as the testator had directed the sum to be divided cijually among them, he could not direct an unequal distribution, and so decreed the brothers and nephews of Elizabeth Hole to take jicr capita. In Stamp v. Cooke(^) there occurs a dictum of Lord Kenyon which appears to militate against this construction. « If the testator," said his lordship, " had given to his next of kin, and stopped there, the statute would be the rule to go by; and although the nephews and nieces are not in fact so near as sisters, yet the fund would have been distributable per stiqjcs according to the statute." But the question to which his lordship's attention was directed was, whether an o?t(y child of a deceased brother, and an otdi/ child of a deceased sister, should, per stirjyes, repre- sent their deceased parents, or should be excluded altogether in favour of brothers and sisters of the testator still living, and who, as next or nearest of kin, would more nearly answer the description in the will. In Phillips V. Garth,(») where the expression was also " next of kin," («) Cas. t. Talb. 251. (t) i Cox, 236. (w) 3 B. C. C. 64. APPENDIX. 729 a diflferent construction prevailed. A testator gave his residuary estate to liis executors, "to be equally divided by them to and amongst his next of kin, share and share alike:" and. Mr. Justice BuUer held the words " next of kin" to mean the kinsmen within the statute,^?;) and distributed the fund amongst the brothers and nephews per capita. Here, as in Thomas v. Hole, was the qualification '' equally to be divided;" but jMr. Justice Buller did not ground his judgment upon that circumstance, but upon what he considered the established practice of the court. " Those," he said, " must take whom the statute has pointed out; but the question is, in what shares: if it had pleased the court originally to say the next of kin should take in the same manner as under the statute, I should not have objected to it; for it seems to me they should take ])er stirpes ;" and then he cited a case, to prove that distribution per capita was a point which the court had now settled. Why he should have thought the objects might originally have taken jjcj- stirpes he docs not declare, but he afterwards added a very substantial reason why they should not, for " it is agreed," he said, " if the testator had given to his next of kin by name, they must have taken per capita ; then the question is, whether calling them next of kin is not equal to naming them." It was observed by Sir J. Leach upon one occasion, that Lord Eldon had disapproved of the distribution made in Phillips v. Garth ; but this remark will, upon reference to the passage alluded to, be found to be wholly destitute of foundation. A testator had given the residue of his estate '< to be divided among his next of kin, as if he had died intestate." The widow claimed to be one of the next of kin, and it was argued for *her, that otherwise there would be no meaning in the words t-^nym "as if he had died intestate;" but Lord Eldon answered the L ' J argument by saying, " There is another construction (that will give a meaning to these words.) I always had great doubt upon the case before Mr. Justice Buller, who thought those who were to take per stirpes as well as those taking p)er capita were included (in the expression ' next of kin.') Lord Thurlow doubted that upon this very technical reason- ing, to which his lordship was much addicted in the construction of these instruments, that 'next of kin' being the only description (in the will) without the addition, which is in the statute, of those who represent them, the children of the deceased brothers and sisters ought not to take under that bequest. It is very difficult to say they would not have taken under this will (which contains the words 'as if I had died intestate :') my construction being that the next of kin should take the whole, as they would take under an intestacy. "(?r) The meaning of the passage therefore appears to be simply this, " I do not admit the argument for the wife, that the expression < as if I had died intestate' would otherwise be nugatory; but for those words I think brothers and sisters only would take, notwithstanding the decision to the contrary in Phillips v. Garth : with the addition of those words, my construction of the will is, that (f) Upon this point the case has been overruled bv Elmsley v. Young, 2 M. & K. Y80. (if) Garrick v. Lord Camden, 14 Yes. 385. MAY, 1858.^7 730 LEW IX ON THE LAW OF TRUSTS, ETC. nephews and nieces would be entitled equally with the nearest of kin."(a;) We cannot cite a higher authority upon this subject than the opinion of Lord Thurlow. ''The term 'relations/" observed his lordship, "must be confined to the statute; but the court has said in the same moment, that the claimants shall not always take in the j^^ojiortions of the statute, but as the testator had directed; as where there have been brothers and brothers' sons, these last took not hy representation, but per capita." [y) And in conformity with this dictum was decided by his lordship the case of Rayner v. Mowbray. (2;) A testator devised an estate to A. upon trust to sell and "to divide and pay the proceeds to and among all and every such person or persons who should appear to be related to the testator, share and share alike." The testator left three sisters surviv- ing and five nieces, the daughters of a deceased sister, and Lord Thurlow directed the distribution to be made among the eight next of kin per capita. {a^ In Pope V. Whitcombe,(i) which was heard before Sir W. Grant, a testator gave the residue of his estate to his wife for life, and directed her to dispose thereof (in an event which occurred) " amongst the testa- tor's relations in such manner as she should think fit." The wife died without having executed the power, and the next of kin at the testator's death were a brother and two nephews. The court, says the reporter, decreed one moiety to the brother, and the other to the representatives of the nephews. The authority of so great a lawyer as Sir W. Grant would almost have decided the question; but, on reference to the regis- trar's book, it appears a very different order was made. The two nephews had died in the lifetime of the widow, and at her death the only surviv- ing next of kin of the testator was the brother. The brother died and r*QQn *^PPoii^ted executors, and the court decreed the residuary estate L J " to the executors of the brother, the next of kin of the testator." Pope V. Whitcombe therefore is no authority upon the point in discus- sion. The bequest in Hinckley v. Maclarens(c) was, that the testator's pro- perty "should be equally divided among his next of kin," and Sir John Leach directed the distribution among the next of kin to be made per stirpes. A similar decree was afterwards made by him in the case of Elmsley v. Young. (fZ) But the decision in these two cases was directly contradictory to Thomas v. Hole, Rayner v. Mowbray, and Phillips v. Garth. His Honor seems not to have been apprised of the point deter- mined in the two former cases ; and, with respect to Phillips v. Garth, he laboured under the erroneous impression, that Lord Eldon had ex- pressed his disapprobation of that case. In Withy v. Mangles, 4 Beav. [z) And see Wright v. Atkyns, Coop. 119. {y) Green v. Howard, 1 B. C. C. 33. (z) 3 B. C. C. 234. (a) For the mode of distribution which does not appear in the report, see Reg. Lib. B. 1191, fol. 183. (b) 3 Mer. 689. See Finch v. Hollingsworth, 21 Beav. 112 ; 2 Sug. Pow. 650. 6th Edition. (c) 1 M. & K. 27. (d) 2 M. & K. 82. APPENDIX, 731 358, 10 CI. & Tin. 215, the limitation of personal property, was on the death of E. M., to her " next of kin." E. M. died, leaving a father, mother, and a child, and it was held that they took as joint tenants. (1) No. X. Allen V. Sayer. Supra, p. 720. "■ The substance of the plaintiff's bill appeared to be, that Thomas Brooke, Gent., deceased, was in his lifetime seised in fee of a certain messuage or tenement called Drewes, and of several lands and tenements thereunto belonging, lying in the parish of Wanting; and was also seised of a certain parcel of land and meadow in Sutton Courtney, in the county of Berks, of the yearly value of 101. per annum : and, having no issue of his body (the plaintiff being his near kinsman,) did make his last will and testament in writing, and after his mother's and wife's decease did thereby bequeath all his real estate whatsoever, in the county of Berks or elsewhere (his debts being first paid,) unto the plaintiff, his heirs and assigns forever, lawfully to be begotten ; and, for want of such issue, to the use of Joseph Brooke, his heirs, &c.; and did give unto his mother the sum of BO^. per anmim, for her life, to be paid her out of his lands called Blackcrofts, and did (^Intcr alia\ give unto John Col- lins, and his uncle Robert Brooke, all his said real estate, together with his two horses, a colt, and corn in the barn, on trust that they should (if occasion should be) not only sell the said hay and horses towards the payment of his debts, but should also sell his shop of wares for and to- wards the same, together with his lands at Sutton and Highgarden afore- said, in case his personal estate was not sufficient to pay his debts; and made his wife and another executrixes of his said will. That r^nooT *shortly after making the said will the said T. Brooke died much L J indebted, more than his personal estate would amount to pay, by means whereof his wife did, as the executrix, refuse to act or intermeddle with the real ((in. personal) estate ; and thereupon Anne Brooke, grand- mother of the plaintiff, took upon her the burthen of the said will, and thereby became entitled and entered into the personal estate of the said testator, and out of her own estate, and otherwise, paid all the debts of the said testator; and about June, 1688, the said Anne died. That the said plaintiff, on the death of his grandmother, entered on the lands called Blackcrofts, and, as he is advised, ought to have held the said (1) Two cases usually cited upon this subject have been omitted as irrelevant to the point. In Masters v. Hooper, 4 B. C. C. 207, the testator left two nepliews and two nieces, and two great-nephews and a great-niece, and, as there is no re- presentation under the statute beyond brothers' and sisters' children, the great- nephews and great-niece were excluded, and the distribution was made per capita among the nephews and nieces. Reg. Lib. 1792. B. fol. 209. In Lowndes v. Stone, 4 Ves. 649, a testator gave the residue of his property "to his next kin or heir at law, whom he appointed his executor." By " next kin or heir at law" was evidently intended some individual; but, as there was no one to answer the de- scription, the result was an actual intestacy. The case docs not appear in Reo-. Lib. 732 LEWIN ON THE LAAV OF TRUSTS, ETC. messuage called Drewes, and all other the real estate of the said T. Brooke, and to have received the rents thereof accrued after the death of the said Anne the elder, his debts being paid out of his personal es- tate, and profits of his personal estate, and otherwise. That Peter Sayer, about June, 1688, did enter into the house of one Gamon, where after the death of the said Anne Brooke, the deeds, writings, &c., of the estate of the said T. Brooke lay locked up in an iron chest, and did carry away the said chest, and possessed himself of all deeds, writings, &c., that were therein. And the said Peter Sayer, on the death of the said T. Brooke, did enter into the lands called Sutton lands, and prevailed with the defendant, Curtis, the tenant thereof, to pay his rent to him, on giving him a bond to save him harmless; and the said Anne the elder, being aged, did not in her lifetime make any eflFectual prosecution for re- covery thereof; but the plaintiff is well entitled thereto by the will of the said Anne (qu. T. Brooke,) and ought to have an account of the profits thereof since her death. That the said P. Sayer, observing that Collins and Brooke, in whom the estate in law of the said Sutton lands was vested, would not act, and the said plaintiff being then an infant of ten years of ago, and his grandmother aged, and not willing to be engaged in a suit for the recovery thereof, the said Peter having gotten into possession as aforesaid, did, together with Elizabeth his wife, levy a fine sur conn- zance, &c., and did by some deed declare the use of such fine to be to him and his heirs; and afterwards proclamations were had according to the statute, and after five years passed, and no claim made within that time by the said trustees, whereby, at law, the plaintiff cannot have his remedy, the defendant threatening to set up the fine and nonclaim. That the said plaintiff ought to be relieved against such fine and non- claim, the same being a breach of trust in the trustees in not making entry before permitting five years to pass after such fine. That in case the plaintiff cannot have satisfaction out of the estate of the said P. Sayer, yet, that the defendant, Curtis, the tenant of the said Sutton lands. ought to be accountable for the profits by him received since the death of the said testator, T. Brooke, for that he was acquainted with the plaintiff's grandmother's title, and for that purpose took security from the said P. Sayer to pay his rent to him. Therefore, that the witnesses to the will of the said T. Brooke may be examined in perpetuam rei vie- moriam, and to discover the deeds of the lands given by the will, and what other the said P. Sayer took out of the iron chest; and that the same, and all other deeds, may be delivered to the plaintiff; and that the said defendants may account for the profits of the said Sutton lands received since the death of the said T. Brooke; and that the fine and nonclaim may be set aside; and that the defendants may dis- cover the personal estate of the said Peter Sayer,(l) and what settle- |-^:Qoo-i *nient the said Peter Sayer made of his real estate towards the L -I payment of his debts, and to be relieved, is the scope of the bill. Whereunto the counsel for the defendants (the infant children of Peter Sayer and the trustees for the children, and Curtis, the tenant) insisted (1) He had died before the bill was filed. APPENDIX. 733 that Margaret Brooke, tlie infant's great-great-grandmother, was, about thirty years since, seised in fee of the said Sutton lands, whereby the same (^inter alia) after the death of the said Margery, descended unto Rich- ard Brooke great-grandfather of the defendants, the infants ; and the said Eichard Brooke being seised in fee of the said premises, and having several children, viz., Richard, his eldest son, who died without issue, Thomas, the second son, under whom the plaintiff claims, and Margaret and Ann, his two daughters, the said Richard, on a treaty of marriage with Margaret, his eldest daughter, to one John Keepe, did agree to settle the lands in questions {inter alia^ upon the said Margaret, and the issue of her body ; and accordingly articles of agreement were executed between William and John Keepe on their part, and the said Richard Brooke on his part, whereby the said Richard did covenant to settle the reversion and inheritance of all the lands on the death of Jennings, the tenant thereof by curtesy which descended to him from the said Margery, upon the said Margaret for her life, remainder to the heirs of her body, or the issue of that marriage ; and in pursuance of the said articles the said Richard did, by his indenture, settle the said premises on the said Margaret and her issue accordingly. That the said marriage soon after took effect, and the said Margaret, had issue Elizabeth Keepe, the only daughter and heir, who about 1676 married the said Peter Sayer. That about the year 1665 the said John Keepe died, and afterwards the said Margaret his wife died, whereby the premises descended unto the said Elizabeth, and the said P. Sayer, being so entitled in right of his said wife, did, after the death of the said Jennings, which happened about eighteen years since, enter into the said Sutton lands with other the said Margaret's estates, and, the said Peter being in possession, they did, in 1678, let the Sutton lands to the defendant Curtis, for five years, at 4?. per annum, and gave him a bond of 200/. for his quiet enjoyment thereof. That the said Peter Sayer, and his wife did, in Easter Term, 1678, levy a fine as in the bill, and that they held the same for five years, without any claim made by the plaintifi', and that the said plaintiff, sp.cundo Gul. et Maria', brought an ejectment against the said Peter Sayer, and the defendant Curtis, for the recovery of the premises, and brought the same to trial at the Berkshire assizes, and set up a title under the will of the said Thomas Brooke, and, after a full hearing, a verdict passed in affirmation of the said Peter's title ; and the said Peter, being minded to provide for the defendants Elizabeth, and Peter, and John, did, by deeds of lease and release, convey the said Sutton lands unto the said defendants Elizabeth, the grandmother, Moses Slade, William Button, and Antony Leaver, their heirs and assigns, in trust for himself for life, and after his decease to sell the same, and the money thereby raised to be equally divided amongst his said younger children ; and by virtue of the said deeds the said defendants, the trustees, do stand seised of the said premises in trust for the defendants, the three younger children of the said Peter, who died about 2nd February, 1691. And the said defendants insist on the said marriage articles, fine, and nonclaim, verdict, and continued possession, in bar of the plaintiff's title to the said lauds. And the counsel for the defendant, Richard Brooke, insisted, that he by 734 LEWIN ON THE LAW OF TRUSTS, ETC. his answer saith, he is the surviving trustee named in the said T. Brooke's *will, and that he never acted therein, and disclaims all interest L "^ J of, in, or into the said lands in question, and is ready and willing to convey and assign his interest therein, as the court shall direct, being indemnified by the decree of the court for so doing. Whereupon, and upon long debate of the matter, and reading the will of T. Brooke, the articles between John and William Keepe and Richard Brooke, dated the 19th December, 1656, and the proofs taken in the cause, and hearing what was insisted on by counsel on all sides, this court declared, that the said fine and nonclaim ought not to incur against the plaintiff, who was then an infant, and doth therefore think fit, and so order and decree, that a perpetual injunction be awarded to stay the defendants, the trustees of the said Peter Sayer, and all claiming under him, from proceeding at law for the said Sutton lands ; and that the defendant, Robert Brooke, the surviving trustee named in the said T. Brooke's will, and the trustees of the said Peter Sayer deceased, do convey the said Sutton lands unto the plaintiff and his heirs, or unto whom he or they shall appoint, and for so doing they are hereby indemnified; and that the said defendants do come to an account before Roger Meredith, Esq., for the profits of the said premises received by them or the said Peter Sayer deceased, in taking of which account the said Master is to make unto the said defendants all just allowances ; and what upon the said account shall appear to be due to the plaintiff for the rents and profits of the said premises received as aforesaid, the said defendants are hereby ordered and decreed to pay the same unto the plaintiff, or unto whom he shall appoint • but the defendants Jonathan Sayer, Leaver, and Button, are to be charged no further in reference to the profits received by the said Peter Sayer deceased, than they have assets of the said Peter. And it is further ordered and decreed, that the defendants do deliver to the plaintiff the deeds and writings of all the lands that belonged to the said T. Brooke, not comprised in the said articles." Reg. Lib. 1699, A. f. 502. INDEX. The pages referred to are those between brackets [ ]. ABATEMENT, of a trust, 621. ABATOR, not bound by a use, 3. ABROAD. See Bankruptcij (Assign- ment), Jurisdiction. Lands abroad (within the Queen's dominions) within Lord St. Leon- ards' Trustee Act, 835, note (s). See Trustee Act, 1850, ss. 54, 56, 901. Parties to suit, as to c. q. t. abroad, 849 ; as to trustee abroad, 847. Personal estate abroad, trust of, en- forced in equity, 46. Real estate abroad, equities of, how far enforced, 47, et seq. account of rents, foreclosure, in- junction against taking posses- sion, relief against fraudulent conveyance, sale, 48. trusts of, when enforced, 53. Receiver appointed where trustees all out of jurisdiction, 870; see 871. Residence of c. q. t. abroad, 432, 453. of trustee abroad, 40 ; new trustees appointed, 711 5 see 576. ACCEPTANCE OF TRUST. See Disclaimer. Compellable, is not, 232. Duties consequent on, 243, 244; and see 238. trustee must not rely on co-trus- tee, 243. must inform himself of state of trust, 244. should have inventory of chat- tels, 244. How made by Executor (see Execu- tor) by voluntary interference with assets, 241. e. g. assigning lease, bringing ac- tion, selling assets, 241. (unless conduct can be clearly ex- plained,) 242. by proving will, 239, 240. executor of executor administer- ing to one testator must to the other, 234. who is also trustee cannot prove, and renounce trusts, even of real estate, 240. may claim legacy, though he re- nounce, 234. How made by trustee: (1) by sign- ing deed ; (2) by declaration ; (3) by acting, 237. what acts constitute, 239, et seq. by deed, 238 ; trustee should see to recitals, ib. when presumed, 237, 242 ; not ne- cessarily from taking possession of trust deed, 241. trustee of two trusts by same in- strument having accepted one, deemed to have accepted the other, 240. provable by parol, 243. Made, after being, trust cannot be renounced, 289. Mistake, person assuming character of trustee by, accountable, 244. ACCIDENT, no excuse for trustee, if it occur dur- ing misfeasance, 766. ACCORD, no bar without satisfaction, 737. ACCOUNT. See Abroad, Alloicance, Wilful Default. Decree for merely, not within 1 & 2 Vict. 110, s. 18, 667, note (c). form of, 752, and see 765, 766. Laches, where plaintiff guilty of, re- 736 LEW IN ON THE LAW OF TRUSTS, ETC. ACCOUNT, continued. stricted to filing of bill, 751, 756, note, account barred by between part- ners, 742. Of Mesne Rents and Profits. See Mesne Bents and Profits. extent of, in charities, 786, et seq : constructive trusts, 750, 752, note (1); express trusts, 752, note (1) ; see as to ignorance of trustee, 751 ; and as to his mis- take, 790. Settled opening against solicitor trus- tee, 550. Trustee, against, who has purchased trust estate, 466. who has renewed lease, 224. ACCOUNTANT, may be employed by trustee, 556. ACCOUNTS, whether c. q. t. may claim copies of, 599 ; see 428. trustee should keep, of expenses, &c., 559, 599. fixed with costs where confused, or if trustee misstate or suppress, 877, 878 ACCUMULATION. See Duration, Conversion (2), Thellnsson Act. Application of income before conver- sion where accumulation directed, 813, et seq. Trust foi-, must not lead to a perpe- tuity, 110. bad, if possibly exceeding lawful limits, 111, 112. but no danger of perpetuity where rents applicable as vested inte- rest de anno in annum. 111. ACKNOWLEDGMENT. See Fines and Recoveries Act. What may prove trust, 63, 64. ACQUIESCENCE. See Time. Breach of trust in, its effect, 775, et seq., see 769. Feme covert not bound bv, 471, 777. secus as to separate use without restraint, 471, 777. qu. with restraint, 778. fluctuating body by, as creditors or parishioners, 777; see 471. infant, not bound by, 471, 777. Constructive trusts in case of, 224. purchase in names of stranger, 207. Direct or indirect, 737. Distinguished from waiver, ib. In improper loan, by receiving inte- rest, 776. Requisites of, 777, 778. Stat, of Limitation, does not inter- fere with its effect in equity, 748. ACT OF PARLIAMENT. See 5t« in Parliament, Parliament. ACTING, Trustee, meaning of expression, 578, 591. every trustee who has accepted office must be, 298 ; and see 243, 415, 449, 612. ACTION, Brought as to trust estate, must be in trustee's name, 18, 269, 591; see 275. 0. q. t. giving indemnity, may require trustee to lend his name to, 718 ; see 591. not where against purchaser with- out notice from trustee, 719. Trespass of, on lunatic's realty de- frayed out of his personalty, 827. Trustee may bring, without having by writing accepted office, 243. must not bring, &c., after decree, without sanction of court, 524. ADMINISTRATION. See Assets, Bond. Durante minoritate, 834, note [h). Letters of, how obtained after suc- cession of intestacies, 458, 459. Mortgagee, how he proves in admi- nistration suit, 485. Order at chambers, 856. Separate property of feme covert under her will, 642. ADMINISTRATOR. See Executor, Relinquisliment (representative). Trustee Act, s. 6. on same footing as to receipts as executors, 316. de bonis non, 262. how far safe to deal with administra- tor after interval from intestate's death, 458. not properly a trustee upon renun- ciation of executor trustee, 240. ADMISSION, To Copyholds (see Copijliolds, Cus- tomary Freeholds), effect of, 249. Fine to be paid by trustee, 272. at what rate where co-trustees, 272. how raised, 272, 402. Of debt, trustees for creditors can- not make after accounts taken by court, 522. Of trust by defendant, 72 ; see 63. ADULT. See Advancement, Infant. ADVANCEMENT, Cap ita lout of, ofinfanfs legacy, 518. INDEX. 737 ADVANCEMENT, contimied. if no limitation over, 519. or where cross limitations among children, 519. power of, whether authorized by executory trust silent as to pow- ers, 164, note (x), see 165. On purchase, in name of cldld, &c., 207, et seq. child as to, where adult, 212, 213 ; infant, 209, 212. joint names in, of father and child, 209. of stranger and child, 210. (but stranger quatenus his estate is trustee for father,) ib. Nature of Provision as to copyholds for lives, succes- sive, 210; see 214. personal estate, doctrine applies to, 216. partial or reversionary estate, ib., 209, 212. whether doctrine applies, ( 1 ) where child already provided for, 211 ; (2) where father continues in possession, 212, 213. Presumed, may be, for daughter, grandchild, illegitimate child, nephew, wife, 216. and sembleeven for stranger where purchaser in loco parentis, ib. Presumption, what evidence rebuts on part of child, 214. whether parol declaration by fa- ther, 214, 215. rebutted by fact that son is a soli- citor, 216. Purchase money, if not paid, a debt from the parent, 216. ADVANTAGE. See Claim, Lease. Trustee shall not derive from trust, 318, et seq. as by buying up debts, from game on trust estate, presenting to living, being receiver, trading, &c., 318, 319. application of rule (1) to attorney, auctioneer, broker, commission agent, factor, solicitor, 319,320; (2) to executor, guardian, trus- tee, &c., 319, 320, 321. charity lease should not contain covenant for lessor's private advantage, 505. trustee cannot seek aid of equity for his own benefit, 323. may assert his legal right, seni- ble, 324. Whether trustee may have on failure of c. q. t. See Failure of c. q. t. ADVERTISEMENTS by trustees sel- ling by auction, 422. ADVICE OF COUNSEL, 234, 366, 595. ADVOWSON. See Presentation. Survivorship of, between co-trustees, 300. Trust of, for parishioners, see Pa rishioners; and see 107, note [y], and 19 & 20 Vict. c. 50, authoriz- ing sale of, ib. Trust to present to within six months after vacancy, 527. Trustee presents, but must observe direction of c. q. t., 269, 318. AFFIDAVIT. See Payment into Court (compulsory). Trustee Act. Material facts not in issue brought by, before the court at hearing, 869. Necessary for distringas under 5 Vict. c. 5, s. 5, 861, 862. restraining orders under 5 Vict. c. 5, s. 4, 860. Trustees by, under Trustee Relief Act, 376,' note (s), 378, note (y), 379. "AGENCY, deed of," 483. AGENT, Accountable to trustees only, not to c. q. t., 226, 561. unless quasi-trustee deriving per- sonal benefit, 459 ; by accept- ing delegation of trust, or fraud, 226, 562. Auctioneer is agent for vendor and purchaser, 427 ; how after comple- tion, ib. Executor, acting by direction of, 459. Lease, agent of trustee may not re- new for his own benefit, 220, 225. Lien, agent has not any upon trust estate for charges, 561. though trust be to pay expenses in first instance, ib. Party to suit, when necessary as, 844, 848. Purchase by, in his own name not proveable by parol to be for an- other, unless part of consideration paid by employer, 204; see Denial. Security, need not give, 295. Trustee,afterdisclaimermaybe, 235. may employ on proper occasions, 556. e. g. accountant, attorney, bailiff, collector of rents, 556 ; of debts, 557. paying to, should see that autho- rity is genuine, 372. i6t LEW IN OX THE LAW OF TRUSTS, ETC. AGENT, continued. how authority may be gi^en, 3Y2. for sale, cannot buy as agent for an- other, 462. may employ agent, 422. but not to buy for himself, 462. AGREEMENT. See Contract. Value for, to charge lands possessed at particular time, or to settle par- ticular estate or property acquired during coverture, raises implied trust, 173, 174. Voluntary, under seal, its effect, 93, 94, and see note (e). ALIEN, Chattels personal, alien enemy can- not hold, 28. alien friend may, and may create trust, ib. Devise to, and to British subject, upon trust, 39. Husband, not entitled to curtesy of trust lands, 621. Lands : may acquire lands by pur- chase but not by descent orope- ration of law, 28. purchasing, may hold until office found, ib. cannot sue nor be sued touching lands, 39 ; see Trvst, inf. Proceeds of sale of real estate, may take, 43, 807. Trust, how far he can create, 28. as to real estate, cannot compel its execution in his favour, 43 ; but see note (o). forfeitable to crown, without pre- vious inquisition, 43, 132, 677. distinction between trusts perfect- ed and in fieri, 43. ALIENATION, Charity estates, of. See Charities (Alienation). Fettered by trusts, generally cannot be, 132.' Limitation until, or limitation over upon "alienation," &c., 135. what assignment incurs forfeiture thereunder, 135, note (A-). Powers, whether trustee can exercise after alienation of estate, 534 ; and see 267, 297. Restraint against anticipation as to separate property of feme covert, 123, et seq. ; see Feme Covert, (2). ALLOWANCE, for costs ; see Costs, c. xxix. s. 6, p. 872. Expenses ; see Expenses, c. xx. s. 2, p. 557. Time and trouble; see Trouble, c. XX. s. 1, p. 545. Just allowances to assignee, 557, note (2). direction for, when inserted in de- cree for account, 752. AMERICA, property in, 47 ; and see Jurisdiction. ANNUITANT, how far he contributes to fine on re- newal of lease, 223. ANNUITIES, £3 per cent, consols proper invest- ment of trust money, 351. ANNUITY, trust money ought not to be lent upon, 341. trustee of term for securing when a necessary party to suit, 842. ANSWER, In Chancery, Limitation, Statute of, how plead- ed by, 734, 738. may serve as declaration of trust, 63 ; and see 72. but plaintiff must read from it terms of trust, 64. Feme covert, of, having separate property, 633. Payment into court, when directed, on admission in answer, 865, et seq. Suppression or chicanery in, visited with costs, 877, 878. ANTICIPATION, RESTRAINT A- GAINST. See Alienation, Feme Covert (2). APPEAL, by trustee, from decree is at his own risk, 368. APPLICATION of money paid on sale to trustees, whether purchaser, «fcc., must see to, 430, et seq. See Beceipts. APPOINTED, property under power when assets, 768, note [lo] ; see 775. APPOINTEES, trustee for should see that power is duly executed, 596. APPOINTMENT. See Poiver, Re- sulting Trust (charge), of new trustees. See Keio Trustees. power of, authorized by " usual pow- ers" in executory trust, 164. APPORTIONMENT, of fines for renewal, 395, et seq. See Renetcable Leaseholds. APPROPRIATION, of legacy by executor permitted with- out suit, 517. ARBITRARY POWERS. See Pow- ers, 538, et seq., 694, et seq. INDEX. 739 ARBITRARY POWERS, continued. trustee appointed by court cannot exercise, 712. ARREARS. See Mesne Rents, T50, 752, note (1). Of interest or rent, recoverable under Limitation Act, 744 ; see 751, 754, note, the whole in case of express trust, 748. or, where there is a term under which trustee may obtain pos- session, 749. what recoverable, where trustee ignorant of his true character, 751. what recoverable in case of fraud, &c., 756, note. Of pin-money, 644. Of separate estate, 642. ARTICLES. Marriage, construction of executory trusts in. See Exe- cutory Trusts, 1 46, et seq. notice of, how far binding upon pur- chaser, 727. parties to suit for specific perform- ance of, 844. ASSETS. See Executor (Assets), Failure of c. q. t., Feme Covert, (Executrix), Judgment, c. xxiii. s. 11, p. 681. Appointed estate, under general power is assets, 768, note {w). secus where donee of power is feme covert, except where fraud, ib., and see 775. copyhold, formerly not assets. See Exception, 661, note (1). Equitable, what are, 686, 687 ; see 692. land devised upon trust for pay- ment of debts, 686; and see 488. separate property of feme covert, 642. whether equity of redemption of term legal or equitable assets, 687, 688. trust of chattels, id., 685, et seq. of fee, id., 688. Equity of redemption, whether as- sets, 684, 685. Money to be laid out in lands not considered personal assets, 796. Trusts of chattels are assets, 681. whetherof freeholds before Statute of Frauds, 681 ; see 685. the Act did not extend to com- plicated trusts, &c., 684, 685. under late statute 3 & 4 W. 4, c. 104, 691, 692 ; see 796, and list of statutes. ASSIGN, bound, whether in the per or post by a trust, 19, 279, 280. except pui'chasers for value with- out notice, 279, 725. originally not bound by a use, 3. when assigns can execute power of sale in mortgage, 419. can execute trust, 266, et seq., 297, 450, 533, 712. ASSIGNEE. See Purchaser, Volun- teer. of equitable interest, 729. ASSIGNEES OF BANKRUPT. See Bankruptcy. ASSIGNMENT, Equitable interest, of, how made, 600 ; and see 604 et seq. ; and see Deed, Notice. formerly not permitted, 5. when, to whom, and how notice should be given, 612, 613; see 327. Feme covert, by, of separate proper- ty, see 632. Fund in court, of, what inquiries and notice proper, 613, 614. Legal estate, of, effect of upon pow- ers of trustees, 267, et seq., 297 : see 533, 712. Tenant in tail, by, 601, et seq. LTse, of a, not permitted, 4. AT HOME, money to be laid out on land, where so considered, 800, et seq. ; see 823. ATTAINDER. See Forfeiture. ofc. q. t., 323, 674, et seq. of trustee, 287. ATTENDANT TERM, attended inheritance gained by dis- seisin, 288, note (1). trust of followed devolution of free- holds, 131. ATTESTED COPIES, when given by assignees of bank- rupts and trustees for sale, 425. ATTORNEY, Allowance, attorney, when trustee, has none for time and trouble, only for expenses out of pocket, 549 et seq. ; see Solicitor. Appointment of, or proxy, distin- guished from delegation of trust, 297. Breach of trust, advising or concur- ring in, 763, note (s). Constructive trust in case of violat- ing his duty, 226. Infant cannot be in suit, 36 ; may, to deliver seisin, 36. Trustee may employ, 556. 740 LEW IN ON THE LAW OF TRUSTS, ETC. ATTORNEY, continued. should not allow moneys to lie in the hands of, 295. Potcer of. See Infant. dividend, to receive, 594. forged, 372 ; trustee should see to authenticity of, ib. how to be qualified in assignment of chose in action by trustee, 426. ATTORNEY-GENERAL, Compromise with, allowed in case of charities, 789. Information is in name of, 779. Petition under Romilly's Act, his al- lowance of, 782. he must be a party to proceedings undei-, 783. may correct his judgment, 783. ATTORNMENT of tenant, whether it works disseisin, 721. AUCTION, trustee cannot purchase trust estate at, 461 ; and see 876. trustees may sell by, 422, 423. AUCTION DUTY. See 424. AUDITOR, 101. See Receiver. "AUTHORIZING AND EMPOW- ERING," may raise a trust, 168. AUTHORITY, bare, to several, determines by death of any, 299. to receive moneys, how given by c. q. t., 372. AVERMENT, Trust of, permitted at common law, 56. not upon a bequest, 59 ; how far as against an executor, ib. not upon a devise even at common law, 58. not in contradiction to trust ex- pressed or implied upon written instrument, 57 ; see Considera- tion, Pension. not where deed is necessary to pass legal estate, 57. Use of, 56, 57; see 6, note (1). BAILIFF, infant cannot be, 36. mortgagee or trustee may employ, 556. BANK, Co-trustees, where safe to pay trust- moneys to their joint account at some bank, 830. Failure of, where trustees liable for, 333, 336. Notes treated as cash, 757 ; whether ear-marked, 274, 757, 758. Trust-money may be deposited in temporarily to trust account, 332, et seq. not otherwise, 336 ; nor out of trustee's control, 334. paid into, to trustee's private ac- count, presumed to be traded with, 361. how followed, 760. may be transmitted through bank, 295. but payment should be to trust account, 296, 333, 336. BANK OF ENGLAND. See Dis- tringas, Stock, Trustee Extension Act, ss. 6, 7, p. 905, note {g). Annuities, 351. Costs of, 33. Incorporated, when, 32, note (1). Parties, as to making bank, 33, note (h), 859. Stock, whether trustees may invest on, 341. Transfer, bank will not usually allow unto more than four names, 41. Trustee, bank cannot be, 32. BANKER, not accountable for sale of stock by executor's order, even where mis- application probable, 459. BANKRUPT. See Bankr^qjtcy. Property of, up to certificate vests in assignees, 29. Trust, bankrupt may create of sur- plus after payment of debts, ib. Trustee, a bankrupt is not absolutely disqualified to be, 40. his bankruptcy, ground for appoint- ment of receiver, 870; and comp. 711. BANKRUPTCY, "Alienation," clause divesting pro- perty on, does not extend to bank- ruptcy, 135. Assignees, action against, in whose name it must be, 275. in case of factor, ib. bankrupt trustee of, when they may have contribution against co- trustee, 773. interest, charged with, for balances improperly retained, 359. just allowances to, 557, note (z). taking legal estate, bound by trust, 280 ; see 276. may not generally purchase bank- rupt's estate, 465. what trust estates they take, see Trust Estate, inf., 273, et seq. see Maintenance, inf. Assignment, by trader, of whole pro- perty, an act of, 477. INDEX. 741 BANKRUPTCY, continued. so, of all but colourable part, or necessary stock in trade, 477. even where trust for all credi- tors, or notwithstanding pro- viso avoiding it, or not intend- ed to be acted on, 477, 478. or where bankruptcy the object ofit, 478, 479. but good, (1) where no existing debts, (2) as between parties, (3) as concerns bona fide pur- chaser, 478. upheld when facilitating arrange- ment with creditors, 478. becoming valid under late Bank- ruptcy Act, 479, 480. creditors acquiescing in, cannot treat it as act of, 479. if not enforceable, is not an act of, 479. executed abroad, 479. by trader, of part of property, not an act of, 477, note [iv), 480. unless he contemplated bank- ruptcy, 480. Certificate under, bars trust debts, 772 ; but bankrupt trustee should see proof made, ib.; see 29. District Courts of, their jurisdiction in charities whose income under 30Z., 718, note (6), 784. _ Equity to settlement, of feme covert as against assignees, 369, 370. Limitation over, on, or until, 135, et seq. trader cannot so limit over his own property, 136. except to extent of portion received with wife on marriage, ib. Maintenance, trust for at discretion of trustees, how far assignees take under, 133, 134. New trustee may be appointed on bankruptcy of trustee, 276, 711. how under Bankruptcv Act, 714, 715. Order and disposition, of bankrupt, 277. trust chattels, in hands of bank- rupt executor, factor, or trustee, are not within, 277, 278. secus, where executor has assumed to be absolute owner, 277. as to c. q. t. absolutely entitled and bankrupt, 278. as to c. q. t. tenant for life and insolvent, 594. Parties in suits, assignees can sue, &c.. without presence of creditors, 843. Proof under, where estate amalgama- ted with that of bankrupt, 276. for breach of trust, against estate of bankrupt trustee, with inte- rest, 771. where stock improperly sold, 357, 772. money laid out on mortgage, 772. investment in improper securi- ties, 772. bankrupt trustee interested in trust fund, set-off made, 772. bankrupt trustee one of several co-trustees, 772, 773. eEFect of release given to one co- trustee, 773. where co-trustees severally bank- rupt, 773. by mortgagee, 485. made by trustee, except where trust is simple, 269. genei'ally all co-trustees must make, 298. bankrupt trustee, how far liable in equity, if he does not make, notwithstanding certificate, 773. Trustee of. See Proof, sup., c. xi. s. 2, p. 273. ground for appointment of re- ceiver, 870. trading as such, liable to, 272. Trust estate, on clear trust, does not pass to assignees, 274. though tortiously converted, if capable of being identified, 274, 275. or if money payable at future day, 275. whether legal estate passes to as- signees when bankrupt has bene- ficial interest, 276. or where trust doubtful, ib., and see Proof, sup. BAR, to equitable relief, 731, et seq. See Limitation of Suit. in charitable trusts, 786, et seq. BARGAIN AND SALE, for nominal consideration would not now be enforced by way of constructive trust, 96. BENEFICE, See Adancson, Presen- tation. BENGAL, Government notes, "lands" within Lord St. Leonards' Trustee Act, 835, note {q). BEQUEST. See Legacy, Legatee. Personal estate of, how made accord- 742 LEW IN OX THE LAW OF TRUSTS, ETC. BEQUEST, continued. ing to Statute of Frauds, 65; how under present law, 80. passed proceeds of land subject to trust for conversion, 807. Residuary. See Residuary, Bequest. "BESEECHING," may raise a trust, 168. BILL IN CHANCERY. See lafor- mation. Appointment of new trustees, bill or claim for, 583. not necessary where suit pending, ib. as to cases provided for by Trustee Act, Y13, 714,840. by Bankruptcy Act, 714. by Charitable Trusts Act, 718, notes (b) and (c) ; and see New Trustees. Declaration of trust, whether suffi- cient to prove, 63, note [u). Filing, where co-trustee should file, 317. trustee may file where equities doubt- ful, 367, et seq. ; see also 376, note (r) ; and see Special Case. Prayer of, omitting to pray for inte- rest, 359. for account of rents, 752. BILL IN PARLIAMENT, application for, by trustees, 516, and see p. 499. opposition to, by trustees, 515. BILL OF EXCHANGE, distinguished from money and bank notes, 758. followed in equity when, ib. whether trust money may be trans- mitted, by, 295, 296. BONA VACANTIA, 198, 324. See Crown, BOND, Administration bond, 458 ; Cohabi- tation bond, 138, note (x). Given by trustee for due execution of trust, 290. Indemnity of, see 721 : whether trus- tee should take, 367. on appointment of new trustee, 580, 581. Judgment, on effect of obtaining, 659, 660, and note [h). Penalty in, creditor cannot claim be- yond, 491. BREACH OF TRUST. See 5ohc7, Payment into Court, Receiver. Charities, remedy for breaches of trust in, 502, 778. See Charities. Generally, co-trustee allowing may be removed, 711. duty of in case of, 317. Receipt of trustee known to contem- plate, 331 ; of executor, 458. after breach of, 450. Retire, trustee should not, in favour of one who contemplates, 580. Sale cannot be enforced in breach of, 415. Solicitor wilfully advising or concur- ring in, liable to be struck off the roll, 763, note {s). Liability incurred in certain cases by allowing destruction of con- tingent remainders, 409. by neglect of trustee to enforce covenant, 765; to insure, 764; to purchase stock, 764; where trustees have discretion of in- vesting on stock or real securi- ty, 355, 764 ; to renew, 392. bv purchasing trust estate, 465, "469. when tortious sale by trustee of land, 763 ; of stock, 356 ; and see Bankruptcy, Proof in. trustee liable even where loser by breach, 765. not excused by accident in case of misfeasance, 766. cannot set off gain in one trust fund against loss in another, 766. not charged with imaginary values, or more than he re- ceived, except where great negligence, &c., ib. Nature of liability, a simple contract debt, 238, 765. unless trustee accepted under hand and seal, ib. ; but deed must contain words equiva- lent to covenant and be exe- cuted by trustee, 239 ; and see note [y). where co-trustees, joint and seve- ral, 767, 772. Protection against, c. q. t. may have administration of trust confided to proper num- ber of proper persons, 710,711. may compel trustee to observe duty, 718, et seq. mav restrain trustee from breach of duty, 723. Remedy for, (a) By following trust estate into hands of stranger, c. xxvi. s. 1, p. 724. into hands of purchaser with notice or volunteer, 725. See Purchaser, 724, et seq. INDEX. 743 BREACH OF TRUST, continued. not in case of disseisor, 287. case of charity, 726. notice of doubtful equity, 727. purchaser without notice. See Purchaser ^1 725, et seq. purchaser of equitable iutei'est or chose in action, 729. time within which estate may be followed, 729. See Limi- tation. (&) By following property substi- tuted for trust estate, c. xxvi. s. 2, p. 753. where conversion tortious, c. q. t. has lien as against trustee, or those who represent him in right, 756. case of assets employed in trade, 760. Bank notes, bills, &c., 757, 758; see 759. land. See Money, inf. money, 757, 758. invested by trustee in land, 762; see 757. where trust money is only part of purchase money, c. q. t. has lien for trust money and interest, 763. where the entirety of pur- chase money, c. q. t. may take the land itself, sem- ble, 763; see note [q). mixed with trustee's money, c. q. t.has lien on the whole, 759. paid into bank to simple ac- count with trustee, 760,761. (c) Personal, c. xxvi, s. 3, p. 763. against corporation, 763; corpo- rators, co-trustees, 767, 768 ; see 773. person assuming office of trus- tee, 765. trustee, 763, et seq.; for des- troying contingent remain- der, 406, 409, and see 410; improper lease, 507 : impro- per sale, 415, 428 ; improper purchase by trustee, 465 ; neglect to renew, 392. representative of deceased trus- tee, 765. unless trustee has distributed assets under sanction of court, 765. legatees or next of kin of de- ceased trustee where assets distributed, 765. trustee primarily liable, but has his remedy against c. q. t. gaining by breach of trust, 392, 768, see note (w). account of mesne rents and profits when against trustee, 752 ; see 224, 466. by proof in bankruptcy, against bankrupt trustee, 357, 771, 772. in case of co-trustees, 773. And see Bankruptcy, Proof in. by stopping pai'tial interest of c. q. t. who concurs in breach, 771 ; and see 353, 392, 846. [d) how bai-red. by conduct of c. q. t. by acquiescence, 471, 775, et seq. ; concurrence, 773, et seq. ; confirmation, 472, 777 ; release, 777. And see these titles and Limitation oj' Suits. BROKER, 319. of trustee, improperly disposing of Exchequer bills, 342, note {t). BUILDING LEASES. of charity estates, duration of, 510. with consent of commissioners, 504, 511. BUY IN. assignees of bankrupts and trustees for sale not authorized to, 423. BUY UP. See Mortgagee. trustee cannot buv up incumbrance for himself, 318. BYE LAWS. power of making, will not authorize deviation from original intention of charity, 498. CANAL SHARES. bequeathed in succession, converted, 812. CAPRICE, court does not act on, 699. of c. q. t., trustee not dismissed from, 712. of trustee, 583, 875. CATHOLIC. Roman. See Papistry Acts. CESTUI QUE TRCST. See Chari- ties, Costs, Estate Tail, Feme Cov- ert, Infant, Lien, Liability, Par- ties, Tenant for Li fe. Account, right of c. q. t. to have. See Accounts, Mesne Rents and Profits. Acquiescence of. See Acquiescence, 471, 775, et seq. Actions by c. q. t. See Actions. Assignment, how c. q. t. may make, 744 LEWIN ON THE LAW OF TRUSTS, ETC. CESTUI QUE TRUST, continued. of equitable interest, c. xxiii. s. 1. 600. c. q. t. may assign even a possi- bility, and without intervention of trustee, 600 ; and see Assign- ment, Notice. Bequest by, 617. Breach of Trust. See Concurrence, Protection, and liernecli/, inf., and Breach of Trust. Chattels, c. q. t. entitled to posses- sion of trust chattels during his interest, 593, 594 ; case of chat- tels in possession of bankrupt, c. q. t. for life, ib.; see 277, 278. whether c. q. t. may let them for hire, 594. Concurrence of, 771, 773, 846. See 353, 392, and Concurrence. Confirmation by, 472, 777. See Con- firmation. Consent of. See Consent. Conveyance, when c. q. t. should join in, 427. See 881, note (ft), when and how c. q. t. may require trustee to make, 595, 596 ; and see 600, Conveyance. Devise by, 615, et seq. Dividends, c. q. t. usually put in possession of, by power of, attor- ney, 594. Ejectment, c. q. t. cannot recover real estate in, 591. unless surrender can be presumed, ib. must bring his action in name of trustee, 591. Estate of, under simple trust, c. xxii. s. 1, 585. special trust, c. xxii. s. 2, 597; and see Special Trust, inf. properties of. See Trust. Failure of. See Failure. Fraud of, 39, 774. See Fraiul. Ignorance of, 472, 737. See Igno- rance. Inquiries to ascertain cs. q. t., 598. of c. q. t. trustee must answer, 427, 599. jus habendi and jus disponendi of, 585, 595. Laches of. See Ladies. Pernancy and profits of trust estate, c. q. t. entitled to, 585, et seq. Possession of chattels by c. q.t. See Chattels, Dividends, sup. of real estate by c. q. t. where trust simple, c. q. t. will be put in possession, 585. cases where other interests affected, 586, et seq. of c. q. t. subject to a charge. j 586. of feme covert entitled for separate use, 590 ; see 589. c. q. t. entitled to, in equity only, 590. is at law tenant at will, 590 : see Ejectment, sup. Privileges of to be juror, 592. if in possession to vote for coro- ner, 269 ; but qu., 592, 593. to sport ; to vote for member of Parliament, 593 ; see 270. Protection of, c. q. t. may compel trustee to observe acts of duty, 718, et seq. may enforce trust, 597. may have proper trustees, 710, 711. See Neiv Trustees. trust money paid into court in what cases, 864, et seq. receiver appointed, in what cases, 869, et seq. in case of tenant for life re- fusing to renew, 722. may restrain trustee from breach of duty, 723. security ordered from trustee, 723. may have contingent interest se- cured, 723 ; see 865, 868. Real estate of. See Ejectment, sup. Release by. See Release. Remedy of, for breach of trust. See Breach of Trust, Mesne Rents. Payment into Court, and Recei- ver, and Protection, sup. by following trust estate into hands of stranger, c. xxvi. s. 1, 724, et seq. by following property into which trust estate has been converted, c. XXVI. s. 2, p. 753. personal against trustee, &c., e. XXVI. s. 3, 763. for tortious conversion, 825. See Conversion. Share, aliquot, c. q. t. of, 850, 865. Simple trust, c. xxii. s. 1, 585. Special trust, c. xxii. s. 2, 597. each c. q. t. entitled to enforce to extent of his interest, 597. where trust lawful, 599. where one c. q. t., or all unani- mous, special trust becomes a simple trust, 597. special trust proceeds until c. q. t.'s election know, 598; and see Special Trust. INDEX. 745 CESTUI QUE TRUST, continued. Title deeds, how far c. q. t. has right to custody of, 591, 592. Trustee, whether c. q. t. may be, 40. Who may be c. q. t., c. xii. s. 3, 41 ; and see Alien, Crown. Vouchers, c. q. t. may inspect, but pays for copies of, 428 ; see 599. Will, c. q. t. may dispose of his equi- table intei'est by, Gla, et seq. CHAMBERS, administration order at, 856. jurisdiction of chancery judges at, in case of charities — with income over £30, 718, and note (6), or of City of London charities, 784. CHANCELLOR, his jurisdidtion over lunatics and idiots, how derived, 835, note {p) ; see 827. See as to jurisdiction of lords justices under" Trustee Act, 883, note (e). may in certain cases be visitor, 495. CHANCERY, alone has jurisdiction of trusts, 19. its jurisdiction over corporate bodies, 493, 495. CHAPEL, Endowment of, how transmissible at law, 105. Minister of, in case of dissenters, may be dependent on will of congre- gation, 498. how elected, where no directions in deed of endowment, ib. in possession, retained till cause heard, ib. tenant at will, of trustees, ib. Trusts of, trustees cannot change, 496. Trustees of, how appointed where no direction in deed of endowment, 498. CHARGE, Debts or legacies of in will, raises implied trust in devise, &c., 173. ■where it implies power of sale, 251 ; see 248, and 440, et seq. See Receipts (Charge of Debts.) Devise by trustee in general terms, its operation on, 263. does not prevent legal fee in mort- gage from passing under " secu- rities" for money, 264. on devise distinguished from excep- tion from devise, 191, et seq. Distinguished from partial declara- tion of trust, 179 ; and see Result- ing Trust. Duplication of, 167. Limitation, late statute of, mere May, 1858.— 48 charge not an express trust within, 746. secus as to charge, coupled with duty, 746, 747. not barred by, whilst secured by unbarred term, 747. Power to, not a usual power, 165. CHARGING ORDER, under 1 & 2 Vict. c. 110, 669, 671. See Judg- ment. CHARITABLE TRUSTS ACT. See Charity Commissioners, bQ4:, 511, 784. Amendment Act, 785. CHARITABLE USES, Frauds, Statute of, within, 61. Purchaser without notice from pur- chaser with, bound by, 726. Statute of, commission under, 779. CHARITIES. See Information, Mort- main, Visitor. Account, 786, et seq. See Remedy, inf. Administered by trustees, where, 492. Alienation, of charitable property by trustees, not permitted, 502. whether absolutely, or for re- served rent, 503. or by granting long, renew- able, or reversionary terms, ib. permitted under special circum- stances, 503, 515, 782 ; see note {lo). and leases, sale, or exchange can now be made with consent of commissioners, 504. Alteration of scheme or purpose, not permitted, 495, 496. notwithstanding power to make bye-laws, 499. trust originally intended will be preserved, 497 ; and see 499, 711. but letter may be contravened, where spirit of trust preserved, 499. act of of parliament necessary for total alteration, 499. how application for act autho- rized, 499, 785. Breach of trust, by retainer of Charity Funds, 502. See Infor- mation, Remed;/, inf. Commissioners of inquiry into, 783, 784; see 779. Construction of trusts for, 495, et seq. for "chapel," 495, 496, 497; "re- pairing and rebuilding," 501. "free grammar-school" "free- 746 LEWIN ON THE LAW OF TRUSTS, ETC. CHARITIES, continued. school," (see 3 & 4 Vict. c. 77,) 499, 500. loans, 502. " master, finding a," 501. " minister," 498. "poor, relief of," 501. rates, in aid of, 496. "repairing," 496,501. salaries, where augmentation al- lowed, or reduction ordered, 502. " worship of God," where exe- cuted in favour of established form of religion, 497. where in favour of dissenters, ib. species of religious worship pri- ma facie determined by trust deed, 497 ; and see 499. and if not defined, then by usage ; and see 7 & 8 Vict. c. 45, s. 2, 497 ; see also 495,497, 499, 711. Duties of trustees for, c. xviii. p. 492. See Alienation, Alteration, sup. lacorporated, government of corpo- ration belongs to visitor, 492 ; and see Visitor. raanagement of revenue subject to chancery, 493. new donations distinguished from original endowment, as respects visitorial power, 494. Investment of accumulations, whether in purchase of land, 504. on mortgage, 504, 505. of moneys arising from sale or exchange with consent of commissioners, 504. Limitation, Statute of, as to Chari- ties. See Bemedy, (6), inf., 749, 750, 786. Leases of Charity Lands, Charitable Trusts Acts, how to be made under, 504. consideration for, fines, rents, &c., 505, et seq. should be adequate, when grant- ed, 506 ; see 507. whether fines might have been taken for, 506. direction by founder that rent should not be raised, not taken literally, 507. tenant who dealt fairly not turn- ed out, 507. allowance to tenant for per- manent improvements, 511. granted at undervalue, who shall compensate charity, 507. covenants for trustee's private advantage, should not contain, 505. duration of building leases should not exceed 60 or 90 years, 510 ; see now, 511. husbandry leases, should not exceed 21 years, 508 ; see now, 511. for years determinable on lives, have been sanctioned, 509, 510 ; but see 543. so, for lives on payment of fines, 510. governors cannot lease to, or in trust for, one of themselves, 505. relation of trustees to, unadvisa- ble, 505, 507. Mesne rents and profits. See Ee- medy, [h), inf. New trustees, appointment of, 498. 711,716 ; see 718; and ?io/e (6)'. direction to appoint when reduced to a given number, 527. Payment of stock, &c., held on trust for, to official trustees, by order of commissioners, an indemnity. 382. Realty, conveyance of, upon trust for. what formalities necessary under 9 Geo. 2, c. 36, 504; see 132. where charity may take lease stamped with trust for conver- sion, 808. Remedy for breach of trust, (a) Mode of, c. xxvi. s. 4, 778. ordinarily by information, 779 ; where by bill, 779, note (1). relators joined on account of costs, 779. commissions under Statute of Charitable Uses, 779. by petition under Romilly's Act, 779. construction of act, 780; cases within, 781, 782. proceedings under, 782, 783. under Charitable Trusts Act, 784. by equity judge at chambers, where income above 30Z. per annum, or charity within City of London, 784. by District Court of Bankruptcy and County Court, where in- come less than 30^. per an- num, ib. appeal from, when allowed, 784. previous concent of charitv INDEX. r47 CHARITIES, continued. commissioners to proceed- ings, when required, 785. (6) Extent of, 786, et seq. Account of mesne rents, what di- rected, 789 ; see 788. Compromise with attorney-gene- ral, when allowed from hard- ship, 789. Corporation property, how at- tached, 791. Inconvenience, how far applicable as a bar, 787, et seq. Limitations, Statute of Charitable Ti'usts not within, 786. whether within late stat., 749, 750, 786. Mistake, trustees acting from, not made to account, 790. Parish, no retrospective account against, 791. Presumption, how far it applies, 787. corporation compared with in- dividuals, 790. Rents. See Lease, sup.. Resulting Trusts, inf. Resulting Trusts, how far legacies to charities result, 191, et seq. ; see 193, 194, note ((')• not presumed on gift in favour of charity, but with no object, &c. ; but court directs application, 198. increased rents applicable as ori- ginal gift, 198. exception to this rule, 199. Schemes for, under Romilly's Act, 782. new, approved provisionally by commissioners, 785. Trustees of, entertaining opinions contrary to founder, removed, 711. majority of, binds minority, 298. Court sometimes appoints part of number to act as quorum, 299. Trusts for, synonymous with public trusts, 23. CHARITY COMMISSIONERS, Advice, may give, and persons act- ing under, indemnified, 785. Attorney-General, they may certify cases for his interference, 784. Exchange of lands, may authorize. See Investment, inf., 504. Inquiries, may make, 784. Investment of moneys arising from sale or exchange by, 504. Leases, may authorize building, &c., 504. trustees of charities must have sanction of, for lease longer than 21 years, 511. New trustees, appointment of, their sanction required for, 718. Official trustee of charity lands, who is, 78G. of charity funds, 785 ; see 382. Proceedings, before taking, their consent where necessary, 784, 785. Sale of lands, may authorize. See Investment, sup., 504. Scheme, new, may provisionally ap- prove (to be submitted to parlia- ment), 499, 785. CHARTER, charities by, 492. CHATTELS. See Administration, Chose in Action, Executor, Deed, Failure of c. q. t., Forfeiture, In- vestment, Money, Policy. Assets in hands of executor, 261, et seq., 681, 685. See Executor. Custody of, c. xiii. s. 2, 332. Devolution of, to administrator, or executor of ti-ustee, 260; see 279. Disclaimer of, 236. Execution, taken in, 647, 648, 662. whether for debt of trustee, 261, 280 ; and see Execution. Executory trust of, in articles, how construed, 149, et seq. in wills, ib., 158, et seq. See E.ve- cutory Trusts. Interest, where trustees take under a charge, 251 ; and see 257. under devise, subject to late Wills Act, 259. limitation to A. and his heirs for certain duration, 255. Limitation, how far chattels capable of, at law bv deed, 104; by will, ib. chattels may be subjected to, by way of trust, 104. limited by way of trust to A. and his heirs, are personal estate, 131. cannot be entailed, ib. ; and see Executory trusts. Personal, c. q. t. entitled to posses- sion of, 593. money, notes, &c., distinguished from other chattels, 758. trust of, not within Statute of Frauds, 61. once created by parol, not af- fected by subsequent parol declaration of settlor, 61. but in case of will, see 66. voluntary settlement of, good against purchasers, 93. 748 LEW IN ON THE LAW OF TKUSTS, ETC. CHATTELS, continued. secus as against creditors if set- tlor indebted, ib. Real, of feme covert. See Feme CoveH. prerogative probate,wlien required for, 2G1. trusts of, within Statute of Frauds, 61. voluntary settlement of, void against purchaser, 93. Reputed ownership of, 277, et seq. ; see 593. Special trusts and uses, chattels are subject to, 4, 5. Tenant for life of, 594. Trusts of. See Limitation, sup. of chattels, are not affected by Statute of Uses, 7. CHILD. See Illegitimate, Infant. purchase in name is prima facie an advancement, 207. See Advance- ment, 2. CHOSE IN ACTION, 85, 86. See Feme Covert. assignment of, by trustee, power of attorney how to be qualified on, 42G. notice by purchaser of, how it gives priority, 605, et seq. See Notice. purchaser of, from trustee, holds sub- ject to same equity as trustee, 729. trust, once considered in the nature of, 9 ; secus, afterwards, 11. trustee of, should reduce into posses- sion if possible, 326. CHURCH, devise of tithes, &c., how carried out in equity, 104 ; and see Advoivson, Chapel. CHURCHWARDENS and Overseers. See Overseers. CIRCUITY, Court of equity avoids, 749,755, note; and see 94, 660, 661. CLAIM. See Bill in Chancery. adverse to c. q. t., trustees should not make, 325 ; see 878. CLERK, election of, 107. See Parishioners. CO-EXECUTOR. See Co-trustee, Executor. COHABITATION, bonds, 138, note (x). COLLATERAL, equitable powers may be, 525. COLLECTOR, trustees may employ, of debts, 557 ; of rents, 556. COLONIES, Enactments passed at home, when they are bound by, 62. Lands in, within Lord St. Leonards' Trustee Act, 835, note (s), and see Trustee Act, 54, 56. Trust may be usually enforced of personal property in, 47. how far, of real estate in, 47, et seq. COMMISSION. See Trouble. Executors in the East Indies, whether they may charge, 547 ; see note («). Mortgagees, Trustees, &c., cannot charge, 546. secus as to trustees for absentees of estates in West Indies, 546. may be allowed to trustee by set- tlor, 550. may be stipulated for with c. q. t., 551. or with court before acceptance of trust, 553, et seq. COMMISSIONERS, charity. See Charity Commissioners. COMMITTEES OF LUNATICS, mav not charge for time and trouble, 546. have no interest, and therefore office does not survive, 299. cannot make repairs without previous order, 524. COMMON LAW, Courts, have no jurisdiction of trusts, 19, 261 ; see 249, note {u). qu. whether they can notice breach of trust, 37, note (n), 581. Trusts at, c. v. s. 1, 56. COMMON, Tenancy in. See Joitii tenancy, Tenancy in Common. COMPANY. See Parties, 847, Trus- tee Extension Act, ss. 6, 7. Conversion of shares in, where be- queathed in succession, 812. Public, does not usually take notice of trusts of shares, &c., 858. Restraining order under 5 Vict. c. 5. s. 4, applicable to shares in, 860, 863. COMPENSATION, from person who benefits by breach of trust, 392, 768, 771 ; see 353, 846. in case of charity, lease at underva- lue, 507. COMPLICATED, where account is, relief in equity on legal title, 753, note. trust whether within Lord St. Leo- nards' Trustee Act, 836, note (x). Statute of Frauds, s. 10, 695 ; 12 Vict. c. 110, s. 11, 669. COMPOUND INTEREST, when charged, 362, 363, 397. INDEX. 749 COMPOUNDING, with creditors, whether trustee there- by unfit for office, 711, note {g). debts, powers of trustees as to, 520, et seq. COMPROMISE, with attorney-general, in accounts of charitable trusts, 789. COMPULSORY, payment into court, c. xxix. s. 4, p. 864. See Pai/menf into Court. CONCEALMENT, of breach of trust, will make co-trustee liable, 317. of fraud, prevents bar to equitable relief, 734, 743 ; see 754, note. of right to estate, account carried back to accruer of title, 756, note. CONCURRENCE, c. q. t. by, estopped from proceeding against trustee, 773. secus where c. q. t. a feme covert or infant, 774 ; except in case of fraud, ib. or as to feme covert, who has separate estate without re- straint, 775 ; conf., 778. or where c. q. t. acts in ignorance, 774. CONDITION, legacy for charity charged on devise by way of, creates resulting trust, 193. CONDITIONS OF SALE, what, trustees for sale may impose, 423. CONFIDENCE, in person explained, 2 ; see 22, 530. not so strictly applied as to uses, 10. in what sense a trust said to be, 15. words expressing testator's confi- dence may raise a trust, 168. CONFIRMATION by C. Q. T. of breaches of trust, general requi- sites of, 472,777,778. feme covert cannot make, except as to separate estate, without restraint, 471, 777 ; conf. 778. by widow, of promise made during coverture, 776. infant cannot make, 471, 777 ; see 776. CONSENT, by c. q. t. to breach of trust, effect of, 768, 769. feme covert of, required by trust, 348. investment to be made with, 340. purchase to be made with, 807. CONSIDERATION. See Charities (Leases). Generally family differences, I'econciling, a good consideration, 94. necessary, is not to support a con- firmation, 472. what sufficient for release or waiver, 737. is not for a trust perfectly created, 81. See Voluntary Assurance. will, consideration is implied by, 58, 167. Meritorious, agreement or imperfect trust founded on, how far en- forced, 94, et seq. not against settlor though under seal, 94 ; see note (e). creditors of settlor, or purcha- ser from him, 99. whether against heir or volunteer of settlor, ib. ; see note {t). extends to creditor, child, wife, 95 ; see 796. cannot be urged by parent against his child, 95, note [f). Nominal, 177, on bargain and sale, 96. Valuable, where it exists trust not averrable, 57; trust enforced, 81. to whom consideration of mar- riage settlement extends, 406. may be proved aliunde as against third persons where deed ap- parently voluntary, 477. CONSOLS, £3 per cent, proper investment of trust money, 351 ; see 813. CONSTRUCTION, Devise, of, to uses, 258. Instrument of, is question for court, 73, 74. Legal estate, as to, taken by trustee, c. XI. s. 1, 246, et seq. ; and see Legal Estate. Powers of, 527, et seq. See Powers. Trusts of, governed by same rules as construction of legal estate, 141. for charities. See Charities (Con- struction), 495, et seq. executory in marriage articles, 147, et seq. in wills, 153, et seq. See Exe- ctttori/ trusts. CONSTRUCTIVE TRUSTS. See Trade. Bankruptcy of trustee, how affected by, 276. Cases of agents, factors, &c., 225 ; 750 LEWIX ON THE LAW OF TRUSTS, ETC. CONSTRUCTIVE TRUSTS, con- tinued. see 217, 220 ; but see, as to agent, 226, 459. attorney violating his duty, 226. decree for sale, person to convey under, 839, note (?) ; see 834, note (n), 836, note (x), 837, note (6), and see 882, note (_/'), 894, note (Z). equitable waste, 225. holder of title deeds how far con- structive trustee for remainder- man, see 227, 228 ; see 591. notice of trusts, constructive trus- tee by means of, 228. on renewal of leases by executors, trustees, &c., 217. mortgagee, 218; but see 221. tenant for life, or other having partial interest, 218. yearly tenant, 219 ; how far by tenant at will, or by suffer- ance, 219. what circumstances,will not vary rule, 220 ; and see note (/"). expenses of renewal by tenant for life, 222. how far annuitants should con- tribute to fine, 223. trustee's lien for, 222. mesne rents and profits and sub- fines, trustee accounts for, 223 ; see 224. renewal, right of, trustee cannot sell, 220. reversion, how far trustee purchas- ing, a constructive trustee, 225. terms of assignment, from trustee to c. q. t., 223. volunteers and purchasers with no- tice from trustee, remedy a- gainst, 224. Distinguished from implied trusts and trusts by operation of law, 140, note(l). Relief as to, barred by laches, 224, 742 ; see 750. Statute of Limitations, 729, 730. 746. Statute of Frauds, how far it affects, 228, et seq., 762. distinction between trust arising on a will and on a conveyance, 230. CONTINGENT INTEREST. See Possibility. equitable, c. q. t. may assign, 600. owner of, entitled to have it se- cured, 723 ; and see 868. cost of, filing bill for, 368. lands in, disposable under 8 & 9 Vict. c. 106, 817, note(n). CONTINGENT REMAINDERS, Effect of Fines and Recoveries Act, 411; of 8 & 9 Vict., c. 106, 156', 412. Freehold, where legal, must be sup- ported by particular estate ; secus in trusts, 104. Trustees for preserving duties of, c. XV. 404 ; see note (a). Waste, inf. 1. Until eldest son has attained 21, obligation to preserve remain- ders imperative, 405, though settlement voluntary, 406. Court will not sanction destruction, 407 ; exceptions to rule, 407, 408. remedy for destruction of, 406. extended only to those who claim as purchasers, 406. issue, during life of parent, can- not sue as "heir," 407. 2. After eldest son has attained 21, the trustees become " hono- rary trustees," and the destruc- tion of the remainders is a mat- ter of discretion, 408. Court will exercise discretion for trustees, 409. punishes fraudulent exercise of discretion, ib. allows destruction on eldest son's mai-riage, ib. does not allow destruction with- out cogent reason, ib. a fortiori not for culpable ob- ject, as payment of father's debts, ib. but trustee not necessarily lia- ble because court would not have so acted, 410. whether any distinction between will and settlement, 410, 411. Trustees for preserving limitation to, how usually framed, and object of, 404. " and their heirs," whether it can be cut down, 253, et seq. whether necessary since 8 «fe 9 Vict. c. 106, 156,412,413. a special trust not within Statute of Uses, 247. Receiver, trustee for preserving, may be, 319. Waste, duty of trustees to preserve, to prevent, 408. " CONTINUANCE OF TRUST," power during, 531. CONTRACT. See Agreement, Cove- nant, Specijic Performance. INDEX. ■51 CONTRACT, continued. by feme covert as to separate pro- perty, 633. under Fines and Recoveries Act, 634, note (n). private, trustees may sell by, 422. purchase, for, of fee by A., if A. die, executor pays price, but heir en- titled to purchase, Y99. sale, for, raises implied trust, 174. of land by A., if A. die, fee de- scends to heir, price belongs to executor, 799. CONTRIBUTION, charities founded by means of, their trusts, how expounded, 497. co-trustees, amongst, on breach of trust, 768; as to costs, 767. none where fraud, 768. secus in favour of assignees of bankrupt trustee, 773. how worked out, 845, 846. rule of, in renewable leaseholds, 395, 398, et seq. See Renewable Lease- Jiolds. CONTROL, how far court will control powers, 538. See 696, Foicers. trustee must not put trust property out of his own, 334, et seq. CONVERSION. See Gavelkind, Re- duction (into possession). Implied, in cases of personal proper- ty given in succession, (a) where investment not wasting, but not authorized by court, 812; see 352. 6. g. foreign bonds or stocks, shares in canals, insurance, railway companies, &c., ib. secus where mouey invested on mortgage unless benefi- cial to call it in, 354. where stock other than £3 per cents, specifically bequeath- ed, 354. India, assets in, as to, 355. [h) where property is wasting, as leaseholds, long annuities, &c., 808; see 352. secus where intention that proper- ty should be enjoyed in specie, 809, et seq. e. g. by specific bequest of leaseholds or stock, 809, et seq. by mention of rents or divi- dends, 809, et seq. by direction to convert, &c., at period subsequent to testa- tors death, 809, 810. Income accruing before conversion, application of proportion of ten- ant for life after testators death, 813, et seq. where accumulation directed, and investment, he takes income from end of first year, 813. where investment directed, he takes from testator's death, if funds then invested, otherv/ise from investment, if made in first year, 814. before conversion, he takes rea- sonable fruit of property, 814 ; see 815, note (x). he must refund if he take undue proportion, 353. and if he is insolvent, semble trus- tees liable, ib. ; and conf. 768. rule where property incapable of immediate conversion, 815, 810. where discretion given to trus- tees as to time of conversion, 815. as to rents of devised estates, 816. Land to he converted taken as money, 807. See Resulting trust. e. g. alien may take proceeds, 307 ; bequest of personal estate, ii passes by, ib. ; not bequeathed, it goes to personal representa- tive, ib. ; is not subject to pro- bate duty, ib. charity, where it may betaken by, 808 ; but see note [m). elect, party entitled may, to take as land, 598, 816. See Elec- tion. how election presumed or ex- pressed, 823, 824. imperative, conversion must be. 808 ; and see note (n). judgment, whether subject to, 653. mortgagee selling under power of sale, who entitled to surplus pro- ■ ceeds, 808. option to purchase, whether exer- cise of, effects retrospective con- version, 808 ; but see note {p). Money to he laid out on land, taken as land, 793, et seq. See Re- sulting trust. e. g. subject to curtesy, 793 : quffire, whether to dower, 794, 795. devised by description of" lands,'' 796 ; not (formerly) by in- fant's will, ib. ; conf. 816. but formerly -bequeathed by 752 LEWIN ON THE LAW OF TRUSTS, ETC. CONVERSION, continued. unattested will operating by election, 824, 825. escheat, not subject to, 795. hotchpot, not brought into (for- merly,) by child receiving or- phanage share, 797. judgment, bound by, 796. personal assets, not accounted, and (formerly not liable to simple contract debts, 796. heir of A. on whom lands were to be settled, when entitled to money, 797, et seq. (a) entitled as against stranger. e. g. bequest by stranger to purchase and settle on A. and his heirs, and A. dying before purchase, 797 ; and see note (y). deposit of money in hands of trustees (whether by A. or stranger,) &c., ib. covenant by stranger on mar- riage of A. &c., ib. ^) entitled as against A.'s exe- cutor (e. g. under covenant by A. on his own marriage) where at A.'s death third per- son has equitable interest, 798. otherwise not so entitled, i. e. where money " at home," 800. money considered " at home" if received from trustees, 804 ; see 823. entitled under bequest by A. to purchase with limitation to A.'s heirs, 805. quasre, whether so entitled under voluntary covenant to lay out money on land, 805. elect, party entitled may, to take as money, 816. See Election, 598. how election presumed or ex- pressed, 823, 824. imperative, conversion must be, 806 ; and see 797, note (?/). considered so, where uses de- declared exclusively applica- ble to real estate, 806. notwithstanding power to invest on personal security, 806. mere direction to convert at "request," &c., 807 ; unless where " request," &c., intend- ed to be substantial ingre- dient, ib. ToHious, of trust estate hy trustee, does not afifect rights of c. q. t., 825. case of infant c. q. t. See /«- yrt«# (Conversion), 829. lunatic c. q. t. See Lunatic (Conversion), 825. right of c. q. t. to follow substituted property, c. sxvi. s. 2, 753. See Folloic. CONVEYANCE. See Grant, Trus- tee Acts (Interpretation clause), and 889, note [t). equitable estates, usual form of, 600 ; precautions in 604, et seq. expense of, from old to new trus- tee, when borne by trustee, 711. See Neio trustees. parties to, when c. q. t. should join in, 427; and see 8B1, note {h). when trustee to bar dower, 596. person to make, under decree, a constructive trustee, 839, note (?). See Trustee Act, s. 29 ; Trustee Extension Act, s. 1 ; and see 882, notes (/) [g). to require, under Lord St. Leo- nard's Trustee Act, 837, note [a). See Trustee Extension Act, s. 2. by trustee at direction of c. q. t., 595, 596 ; of assignee of c. q. t., 600. whether compellable to convey in parts, 595 ; and see note [p). by what description ; not bound to convey fee simple to tenant in tail, ib. liabilitv for refusing, 595. CONVICTION, of felon, &c., 28. See Forfeiture, Trustee Extension Act, s. 8. COPIES, of vouchers, whether c. q. t. entitled to, 428; of accounts, 599. COPYHOLDS, Admission operates retrospectively, 249. fine on, paid by trustees, 272 ; at what rate, where co-trustees, 272. charged on trust estate how raised, 402. of trustee under mandamus, 324. Customary freeholds, copyholds dis- tinguished from, 283, 616, note (1). Descent of, trust descends to custo- mary heir, 45. Devise of legal estate in, formerly devisable by will unattested and unsigned, 45, note (a). I X D E X. COPYHOLDS, continued.^ whether by nuncupative will, 60, note (1). so equitable interest, 45 ; even where legal interest not so, 45, 46, 616 ; and although no pre- ceding surrender, 616. copyholds now subject to late Will Act, 60, note (1), 617. Dower Act does not affect, 621, 627. Freebeuch, 260 ; equitable interest in copyholds is not subject to, 621. For lives, how they devolve under 1 Yict. c. 26, s. 6, 203. how far purchase of, in name of stranger, raises resulting trust, 203. how far, in name of child, 210, see 214. Lord bound by entry of trust on court roll, 283. Resulting trust. See For Lives, sup. Surrender, estate passed by, remains in surrenderor until admis- sion of surrenderee, 249. on what principle supplied in equi- tv, 96 ; and see Devise, sup. CORONER, trustee in possession votes for, 269. c. q. t. in possession votes for, 269 ; but see 592, 593. CORPORATION. See Overseers,Par- iies. Breach of trust by, 763 ; see 767, 31. property how attached for, 791. Bye-laws, may make, but not so as to defeat object of foundation, 498. C. q. t., may not be, of lands, with- out license from crown, 43, 131 ; see 31. Civil, might, before Municipal Cor- poration Act, alienate their pro- perty and create trusts, 25. secus now without consent of lords of treasury, 25, 31. are now trustees of their property, 31. visited by crown through Court of Queen's Bench, 495. Costs, instances where visited with, 505, 877. Distinction between corporations, and individuals as to presumption of notice, 790. Ecclesiastical, bound by restraining statutes, 25. Eleemosynary, where crown visitor of, visitorial power committed to lord chancellor, 495. Trustee, a corporation, may be, 10 ; of personalty, and how of realty, 31. Use, cannot stand seised to, 2. COSTS, Generally, As between party and party — where trustee defendant to bill by stranger which is dis- missed, 872. where trustee disclaims, 235, 874. As between solicitor and client — allowed in matters between c. q. t. and trustee where fund in court, 874. doubtful construction, case of, 368. See Contingent Interest. extra, trustee who has been paid between party and party, where allowed, 558. cs. q. t., and trustees defending in same interest, one set of costs allowed, 857. as to husband of feme covert who sues for separate property, see 858. co-trustees of, severing defence, 857. contribution to, between, 767. disclaiming trustee of, 235, 874. excesssive, how moderated, 558. executors in creditor's suit en- titled to, in preference to plain- tiff, 873 ; rule at law different. See of Trustees (&), inf. interest on, not allowed, 558. lien of trustee for expenses, 560 ; see 558. lunatic mortgagee or trustee, 883, note(i). new trustees of, appointing, 582, et seq ; and see 711, and Trus- tee Act, 1850, s. 51, 901, note recovered, how, by trustee, as a- gainst c. q. t. or trust estate, 873; see 558, 560. relators, joined in information for, 779. sale under decree, petition for vesting order, &c., 903, note solicitor, his costs when trustee, 874 ; and see Solicitor, as to c. q. t. obtaining taxation against 558, note (/), 561, note (_r). specific performance, in suit for, 872; see 421. trust to pay, how construed, 564. Trustee Relief Acts, under. See Trustee Belief Act, (Costs). 754 LEWIN ON THE LAW OF TRUSTS, ETC. COSTS, continued. void deed, trustee of, where en- titled to costs, 875. Of trustees, &c., in suits between trus- tees and cs. q. t. Executor (fixed with costs), denying assets when they exist, 878. _ _ . improperly retaining balances, 875, 876 ; and see 359. putting next of kin to proof of relationship, 878. qu. whether, when interest given against them, 878, 879. (a) Trustee allowed, 367, 368, 873. to be paid out of trust fund or by c. q. t., 873 ; see 558, and conf. 562, 563. and where fund in court, as be- tween solicitor and client, 873 ; not appearing at hearing, and decree nisi againsthim, may pay costs of day, and have cause re- heard, 784. secus, after decree passed, ib. [h) Trustee deprived of or fixed with costs, or portion. accounts, keeping confused or mis- stating, 877. answer, severing improperly, 857. appointing new trustee after bill filed sometimes pays extra costs, 544. convey, refusing to, at c. q. t.'s di- rection, pays costs, 595 ; see 600. denying falsely plaintiff's claims, pays costs, 878. ignorance, falsely pleading, pays costs, 878. instituting suit for his private ends, pays costs, 877 ; see 325. leasing charity lands with cove- nants for private advantage (de- prived of costs), 505. misconduct, guilty of (pays costs or portion thereof), 875 ; what where misconduct discovered in progress of suit, 876; what where misconduct causes administra- tion suit, ib. ; what where doubt- ful point of law, ib. ; where proved in part, 875. trivial, 877 ; purchase of trust property at auction, 875 ; see 461. mistake, committing, sometimes pays portion of, sometimes de- prived of, sometimes allowed, 876, 877. neglect, as to proceedings caused by trustee's neglect, 558 ; see 876. neglecting to make inventory, de- prived of costs, 244. purchasing trust estate improper- ly, pays costs, when, 469. retaining balance. See Executor, sup. 502. retiring, from caprice, pays costs, 583 ; but see 584. setting up title of his own, or trust different from existing one, pays costs, 878 ; see 325. Trustees of, in suit between trustees and strangers, 872, et seq. trustee on same footing as ordinary plaintiffor defendant, 872 ; see 421. made defendant as necessary party and contesting plain- tiff's claim, is not entitled to costs if plaintiff successful, ib. secus when trustee submits point to court, ib. case where plaintiff fails in suit, ib. See Generally, sup. and see as to frame of suit, 856, et seq. CO-TRUSTEES. See Solicitor. Answer, they should generally join in, 857 ; or in suing, ib. Affidavit of, on payment into court under Trustee Relief Act, 376, note (5). Breach of Trust, each is responsible to c. q. t. for whole liability and costs, 767 ; exception, ib. each is liable for concealing or permitting, 317. co-trustee permitting, liable to be removed, 711. Contribution between, 767, 768; and see 845. Disagreeing, court will exercise pow- er, 696. receiver appointed, 870. Duties, may not delegate discretion- ary power to co-trustee, 297. may not lend trust money to co- trustee, 338, 345. may not permit trust money to remain in hands of co-trustee, 306, 309, 330 ; and see 314, 315. may not passively trust co-trustee even though a professional per- son, 243, 244; see 290. Indemnity clause, its effect as to co- trustees, 317. Joint, their office is, 298 ; see Survi- vorship, inf. e. g. they must jointly give receipts for principal moneys (general- ly), 298, 448, 449. INDEX. 755 CO-TRUSTEES, continued. but any one may receive dividends or rents, 299. they must all prove in bank- ruptcy (generally), 298. they must join in conveying, 299. but in public trusts majority binds, 298. aud court sometimes allows a part to form a quorom, 299. Liability, one is not liable for the acts or defaults of another, 302. nor for joining pro forma in re- ceipts, 304. unless where money improperly raised, 306. and see Breach of trust, sup. Parties, how they must join in suing and defending, 85Y. necessary, see 841, 845, et seq. See Parties. Payment to, safe to pay into a bank to their joint account, 330. Survivorship of office, 299, 300, note {/), 419, 849. notwithstanding power to appoint new trustees, 301 ; and see 419. COUNSEL, advice of, 366, 595 ; as to disclaimex', 234. trustee allowed fees paid to, 558. COUNTY COURT, Judgment of, enforced in equity, 663. Jurisdiction of, in charities whose income under £30, 718, note (h), 784. appeal from, to Chancery, when, 784. COURT, 19, 20. See Chancenj, Com- mon Law, Spiritual, New trus- tees, Poivers. assignment of fund in, 613, 614. COVENANT. See Action, Advan- tage, Lease. " Grant, bargain, and sell," under Yorkshire Registry Acts, has force of covenant for title, 596, note (r). Form of, in conveyances, &c. by devisees of lessor who has cove- nanted for renewal, 425, note (/t). executors of one who has agreed to take a lease, ib. mortgagees and trustees for sale, 425 ; for production of deeds, ib. on assignment of lease, 420 ; see 223. Not to sue, or bond compared with release, 773. To stand seised, extended to brother, child, cousin, nephew, or wife, 96. required a deed, 95. to use of stranger in blood, not enforced in equity, 94. To settle property, 174, 762. See Demerara. acquired during coverture, 174. To transfer stock, liability of trustee for not enforcing, 765. Trustee by, a breach of trust is a specialty under, 238, 765. Voluntary, carries consideration at law, 93. not specifically executed in equity, 94, note (e). by A. to purchase lands to be set- tled on A, and his heirs, qu. whether A.'s heir takes under, 805. COVERTURE, ^gq Feme Covert. CRASSANEGLIGENTIA,337. See Neglect. CREATION OF TRUST, By act of a party. Formalities required for, c. v. 56. See Averment; I'rauds, Statute of; Wills, Statute of; Transmu- tation of Possession. Object proposed by, c. vi. 103. See Latcfnl, Unlawful trusts. Parties to, c. iii. p. 24. See C. q. t. Settlor, Trustee. Property, what may be subject of, c. IV. 45. See Property. CREDITORS. See Assets, Debts. Acquiescence, when bound by, in purchase by trustees, &c., 471 ; see 737, 777. Confirmation, where bound by, 473. Execution, creditors taking out, may purchase goods sold under, 465. taking trust estate under, bound by trust, 280. Separate property of feme covert, their remedies against, 640, 642. Trust, their rights cannot be defeated by means of, 132, et seq. Voluntary settlement, by one largely indebted, is void against, 93. for, whether they can enforce its execution, 101 ; see 481. CROWN. See 779, Chancellor, 835, note (p). Forfeiture; Frauds, Statute of; Pension. Alien's trust of real estate, crown, how entitled to, 43, 132. See Alien. Bonum vacans where c. q. t. dies intestate and without next of kin, crown takes residuary per- sonalty, 198,324. but executor where appointed takes as against crown, 59, 324. 756 LEWIN ON THE LAW OF TRUSTS, ETC. CROWN, continued. C. q. t., crown may be, 42. Prizes, taken in war, vest in, 25. grant of, to trustees for distribution revocable until distribution, 25, 101. Trust, bow it may create (of private property), 24, 25. declaration of, by or to crown, 59. mode of enforcing against crown doubtful, 30. Use, can declare, by letters patent, 59. cannot stand seised to, 2. Visitor, where, 495. Will of sovereign, 25. CURTESY, Admitted of, an equity of redemption or trust, 621. unless where husband an alien, ib. and if feme covert had equitable seisin, 622. notwithstanding trust for separate use, 623, of money to be laid out on land, 622, 793. why curtesy and not dower of a trust, 625 ; see 12. Not admitted of, a use, 4. Tenant by, bound by a trust, 11, 2G0, 279 : not by a use, 3. CUSTODY, of trust chattels, c. xiii. s. 2, 332. CUSTOM, Of Kent. See Infant (Feoffment). CUSTOMARY FREEHOLDS, Distinguished from copyholds, 284, 616, note (1). Lord taking by escheat, whether bound by entry of trust upon court roll, 284. Trust of, must be devised according to the Statute of Frauds, 616. DAUGHTERS, Advancement for, presumed, 216. Included under " heirs female," " heirs of body," or " issue," in articles, 149, 156. how the limitation will be execut- ed, 149. DEBTS, Generally. destruction of contingent remain- ders held justified by payment of debts, 408. executor may not sell to pay his own debts, 456, qu. if he be spe- cific or residuary legatee, 456 ; or jointly with others, 457. specialty and simple contract. See Specialty, Simple Contract. trust to pay surplus power of re- ceipts, unless debts scheduled, 435, 436. trustee may appoint collector, 55 ; compound, 520 ; may not buy up for himself, 318. Trusts for Payment of, c. xvii. 474, et seq. Created by act inter vivos, 474, et seq. (a) person not trader may create of all or parts of property for all or some creditors, 474, 475. unless where fraudulent within Insolvent Act, 475. or where actual fraud, 476. voluntary trust by, whether revo- cable or valid, 476. must be strictly fulfilled, 476. trust apparently voluntary may be shown aliunde to be founded on value, 477. (&) trader may not assign whole property upon, 477. See Bank- ruptcy (Assignment), and 479. where assignment unimpeachable under late Bankrupt Act, and when trustees may safely act under, 479, 480. may assign part of property upon, 480 ; and see 477, note [w). Irrevocable, trusts, are where by way of security to, or arrange- ment with creditor, 481. voluntary trusts, how far revoca- ble, 101, 476, 481, 483. Created by will, 474 ; and see 485. Trustees for payment of their Duties, c. XVII. 474. Debts, what payable. (1) in trust created by deed, debts owing at date thereof, (2) by will, debts owing at death of testator, 483, 484 ; unless where contrary intention, ib. construction of " all debts then ow- ing by him and which affect the estates thereby conveyed," 484. creditors who come in within a certain time, clause is direc- tory, 486. but creditor who repudiates deed, cannot afterwards take benefit of it, ib. where trustees have discretion to admit creditors' claims, 486. infant, debts contracted by, for necessaries, 485. Limitation, Statute of, debts bar- red by, at date of deed, or of INDEX. 757 DEBTS, continued. testator's death, not revived by trust, 484 ; see p. 520, statute will not run afterwards, 484 ; as to trust by will of personalty, see 485. mortgagee of, with covenant, or other creditor, with specific lien, 485, 486. Interest on, bond creditors cannot receive more than amount of penalty, 491. specialty debts carry interest to time of payment, even though released by creditors' deed, 491. simjsle contract on debts not al- lowed under trust, 490. as to rights of creditors after decree under 46th Order of Aug. 1841, 490, note(<7). exception to rule, 490. unless creditors have stipulated for it, 491. Order of payment. creditors paid before legatees, 487. all creditors paid pari passu, in ab- sence of contrary directions, 488. whether trustee and executor may pay his own debt first, 488. Resumption by trustees of property after parting with it, 487, 522. DECLARATION, Principle of rejecting, when not tes- tamentary (as to wills), 65. See Wills, Statute of. Trust of, how made at common law, 56. See Averment. how under Statute of Frauds, 62. See Frauds, Statute of, and see Voluntary Assurance. DECREE, Judgment, decree has effect of, under 1 & 2 Vict, c. 110, s. 18, 667. Sale for, persons to convey under, are constructive trustees, 839, note {I) ; see 834, note («), 836, note {x), 837, notes [a) and [h), 882, note (/), 894, note [1], and 903, note (c). Suit in, paralyses powers of trustees, 523, 524, 544. DE DONIS, Statute of. Estate pur autre vie, not within, 603, note (1). Trust, not within, 603. DEED. See Infant, Lunatic. Acceptance of trust, whether it should be by, 238. Chattel interest in land (other than copyholds,) assignment of, unless by deed void at law, 600, note [d). Disclaimer should be by, 233. Equitable interests usually assigned by, 600. Parties to, where good as between though void as against others, 478. Voluntary, does not preclude evi- dence aliunde of valuable consid- eration, as against persons not parties, 477. Will contrasted with, 66 ; and see 104, 230, 251,253, 410. instance of deed in form testa- mentary in character, 67, note (5), 77, note [lo). DEFENDANT. See Costs. how c. q. t. and trustees ought to be brought on the record as de- fendants to suit, 855, et seq. where legal process lost through default of, equity aids, 755, note. DEFECTIVE EXECUTION OF POWERS, upon what principle aided in equity, 96, 97. DEFINITION, of a trust, 15. of a use, 2. DELAY. See Ladies. DELEGATION, Appointment of attorney or proxy, distinguished from, 297. Conveyance of trust estate does not transfer powers, 266, 267, 297. Discretionai-y trust of, actually void, 296. though to co-trustee or co-execu- tor, 290, 291. Executors by, distinguished at law and in equity, 296. Of office of trustee, not permitted, 290, 291. unless by settlor's direction, 291. or when trustee acts as agent, and cannotlegallyretain money, 292. or where moral necessity for it, e. g. transmission of money, 293, et seq. case of power to give receipts, 449. Trustee for sale may not delegate trust, but may employ agent, 422. DELIVERY, of deed. See Infant (Deed). Of money voluntary, whether any resulting trust upon, 178. DEMERARA. See Jurisdiction. Covenant to settle lands in, not bind- ing against purchaser with notice, 51. Mortgage of lands in, gives no lien unless perfected according to law of colony, 49. 758 LE-n-IN ON THE LAW OF TRUSTS, ETC. DEMURRER. See Statute of Frauds. defendant may avail himself of Sta- tute of Limitations by demurrer, 734; whether when bill charges fraud, 735 ; not in case of presump- tion, 738. DENIAL, false by answer, &c. See False. DEPOSIT. See Mortgage (Equita- ble), on sale by auction, 427. DESCENT. See Heir. Broken by devise upon trust, case of, G80. Half blood may now inherit, 680. Proceeds from sale of gavelkind lands, 680. Trusts of, c. XXII. s. 10, 680. Trusts, descends as legal estate, 680. though there be lex loci, ib. so in copyholds, 45, 680. possessio fratris of, 618, 680. " DESIRE," may raise a trust, 167. DEVASTAVIT of executor, how it affects co-executor, 304, 316. Trustee, improperly releasing debt, liable for, 521. DEVISE. See Copyholds; Custom,' arij Freeholds ; Frauds^ Stat, of; Wills, Stat, of Consideration, a devise implies, 58, 167. General words, where legal estate in trustee, passes under, 262, et seq., see note (1). not when charge of debts or direc- tion to sell, 263. complication of limitations, or devise to A. for life, or in tail with remainders, 264. devise to woman for separate use, 264. passes where estate contracted to be sold, 268 ; by devise of "my real estates" "to A. and his heirs for his and their own use, &c.," 264; devise to two as te- nants in common in fee, 264 ; to woman for her own use, 264. Implied by the word " trustee," 250. Mortmain, devise upon secret trust in, whether void at law, 78, 79, and see 73. " Securities for Money," mortgage in fee passes under, 264. Several to, good as to one, void as to another, 73. to alien and British subject, upon trust, 39. Trust, devise of, 615, et seq. in copyholds, 615 ; in customary freeholds, 616, 617 ; in freeholds, 615, 617. Trustee, whether he ought to devise trust estate, 265, 266; see General Words, sup. Void, is not, merely because devisee means to execute unlawful trust, 73. DEVISEE, Debtor of, liable to specialty credi- tor, 239 ; now to simple contract debts, ib., note (c). Devise on, without any reference to trust, devisee takes benefi- cially, 68. even though testator leave un- attested declaration of trust, ib. exceptions in case of charge of debts, &c., 69 ; in case of fraud, 70; in case of engage- ment to execute unlawful trust, 71 ; but see 72, 73. Renewing lease, where devise sub- ject to debts, &c., holds for benefit ofall parties, 218. Secret trust, devisee must discover, 70, 71, 73. Trusts, whether devisee can execute where ti-ust confided to trustee, "his assigns," 266, 267. Trustee, devisee of is bound by trust, 279. DEVOLUTION. See Descent. Equitable Estate of. See Trust. Legal Estate of in trustee. See Le- gal Estate. DIRECT TRUSTS, c. VII. s. 1, p. 140. See Express trusts. DIRECTION to employ A. as auditor, whether it raises a trust, 101. trustee required to do an act at di- rection of c. q. t. 542. DIRECTORY, Clause in will for settlement of chat- tels, 158, et seq. Powers, 527. DISABILITY, Persons under, when barred by late Limitation Act, 744 ; see 720, 755, note. Trustee of, statutes remedial of: see Trustee Acts. DISAGREE. See Co-Trustees. DISCHARGE, of trustee from ofiice, 290 ; c. xxi. p. 565 ; s,QQ Relinquishment. DISCLAIMER, Costs of disclaiming trustee, 234, 874. INDEX. 759 DISCLAIMER, continued. Counsel, trustee may take opinion of as to disclaimer, 234. Deed should be by, not by way of conveyance, 233 ; but see note (Z), and 449, 534. Effect of, 237 ; as to parties, to suit, 847; as to personal contracts, 237 ; on powers, 237, 532, 534 ; as to receipts, 449. after, trustee may act as agent to the trust, 235. may purchase trust property, 462. Equity in, by answer, or at bar, 234 ; see Costs, sup. by deed, 233. by evidence of conduct, but this is imprudent, 235. Failure of trustee through disclaimer relief of c. ([. t. against, G93. Feme covert, by, 236. Law at what disclaimer will divest legal estate, 235, et seq. as to chattels by parol, 236. as to freeholds by deed, 236, of spe- cial occupant, ib. by parol (semble), 236 ; by mat- " ter of record, 235. under the stat. of uses, 236. Protector of settlement by, under Fines and Recoveries Act, 237. Receiver, when appointed in conse- quence of, 870, 871. Who may disclaim, whether heir of trustee, 232. whether trustee who (1) accepts one devise can disclaim another, 234 ; (2) disclaims trusts of will, can accept bounty under same will, ib. trustee having accepted, cannot renounce, 289 ; and see Accept- ance. DISCOVERY, of secret trusts when enforced, 70, 72, 73 ; see Devisee, Heir. DISCRETION. See Discretionary trusts, Feme Covert, Infant. _ of trustees, as to creditors' claims, 486 ; contingent remainders, 408 ; conversion, 806, 808, 815; main- tenance, 542, see 697 ; objects of charity, 542; objects of trust, 701, 705 : renewal, 386. DISCRETIONARY TRUSTS, 21, 22. See Powers, Imperative. couvt,how far it controls, 538 et seq. ; and see 487, and Pow ers, 542. delegation of void, 296 ; even to co- trustee, 297 ; whether exercisable by trustees appointed by court, 450, 712. limited to trustees, their heirs and assigns, 267. for sale, purchaser cannot question exercise of, 417. DISSEISIN, may be of a trust, 618, et seq. outstanding term attended, inheri- tance gained by, 288, note (1). DISSEISOR not bound by a trust, 18, 287, 288 ; and see 747, or by a use, 3. DISSENTERS. See Chapel. court will execute trust for, if not contrary to law, 497. how trusts of funds contributed by, are expounded, ib. DISTRESS, effect of as to confirmation, 473: laches, 471 ; release, 778 ; waiver, 737. DISTRIBUTION, Trust Fund, of, c. xiii. s. v. p. 365, et seq. ; see Release, Trustee Re- lief Acts. under power of selection, 705, 706, note (h). DISTRINGAS, c. XXIX. s. 3, p. 858. Origin of, 859. Restraining Order under 5 Vict. c. 5, s. 4, and practice as to, 860, 863. applies to stock shares in the bank or any other company, ib. special grounds necessary to ob- tain It, ib. Writ of, under 5 Vict. c. 5, s. 5, and practice as to, 860, et seq. applicable only to stock transfera- ble at the bank, 863. effect of, and how and when dis- charged, 862, 863. employed sometimes for general safeguard, 863. DIVIDENDS, where c. q. t. is tenant for life of, often received bv power of attorney, 594. DOMICILE, ' Personal estate follows the person. 47. Person domiciled abroad generally not a fit trustee, 40 ; see 574, 576. 710. DOUBTFUL EQUITY, Purchaser, whether bound by notice of, 727, 728. Where it exists, trustee should de- cline to act without sanction of court, 368 ; will be allowed costs 760 LEAVIN ON THE LAW OF TRUSTS, ETC. DOUBTFUL EQUITY, continued. of application, 368 ; c. q. t. plain- tiff, who fails to establish claim, allowed costs ; secus, in case of contingent interest, ib. DOWER, Attached to legal estate in feoffee to uses, 3. to legal estate in trustee, 260. but dowress bound in equity by trust, 11, 18, 279. formerly not to trusts or equity of re- demption, 12, (j21, and why, 625. whether to money to be laid out on land, 793, 794. not to a use, 4. Dower Act, 626, 795 ; does not ap- ply to copyholds, 621, 626. Dowress may recover in equity on legal title, 755, note. Trustee, when he should join in con- veyance, 596. of equity of redemption, his costs in foreclosure suit, 872. DRUNKEN, where executor and in great poverty, receiver appointed, 870. DUPLICATION, of charges, 167. DURATION, of private trusts limited to a life or lives in being twenty-one years (otherwise of public trusts, 23), see 103, 111. trust exceeding this limit void in toto, 111. DURESS, effect of, as to acquiescence, confir- mation, or release, 778 ; see 473, 737. DUTIES OF TRUSTEES. See Bill, Co-trustees, Executors, Investment. Acceptance of office, consequent on, 243, 244. Advantage trustee must not derive from trust, 318. Answer: 1, as to joining in, 856 ; 2, as to submitting disputed point to court, 872. Breach of trust on, by co-trustee, 317 ; see Cotrustee, Care, trustee should take same, of trust property as of his own, 332. Charities for ; see Charities. Chattels, personal of, c. xiii. p. 327. Contingent remainders, for preserv- ing, c. XV. p. 404 ; see Contingent Remainders. Control, trustee must not place trust premises out of his own control, 334. Convey, when trustee must convey at direction of c. q. t., 595, 596 ; see 600. Custody of trust chattels, as to, c. XIII. s. 2, p. 332. Debts, for payment of, 483 ; see Debts. Delegation, trustee must not make of trust, &c., 290 ; see Delega- tion. Dispute the trust, trustees must not, 325; see 878. Distribution of trust fund, c. xiii. s. 5, p. 365. Expenses, to keep account of, 559 ; to control, see 558. Impartial, should be, as between cs. q. t., 414; conf. 340, 421, 574, 597. Information, to furnish to, c. q. t., 427, 599 ; to court, as to trust, 375. Insurance, as to, 332, 516 ; see 764. Investment, as to, c. xiii. s. 3, p. 337 ; see Investment. in bank must be trust account, 332, 336. Lend to co-trustee, trustee must not, 345 ; nor leave money in hands of, see 309, 316, and Co;i/'?'o/, supra. Mix, trustee must not, trust premi- ses with his own, 337; or stranger's, 350. Notice, trustee of equitable interest should give, to holder of legal es- tate, 326; see 605. Outstanding property and choses in action, to call in, 326, 328 ; see 765. Renewal of leaseholds, c. xiv. p. 383 ; see Reneioable Leaseholds. Repairs, 513; see 827, (and conf. 524), and 830. Sale for, c. xvi. p. 414 ; see Sale. Speculate, trustee must not with trust property, 319 ; see 362. Suit by trustee, 317, 368; or trus- tee concurring in, 756. Trade, trustee must not employ trust money in, 340, 361, et. seq. ; see 760. Trustee may be compelled to per- form duties, 718 ; see 597, 723. EARMARK, meaning of term as applied to monev, &c., 275, 757, 758. EAST INDIA COMPANY, securities of, 355 ; see 835, note [q). EAST INDIES, whether executors in, may charge commission, 547; and see note [n). INDEX. 761 EAST INDIES, continued. lands in, within Trustee Acts, 835, note {s) ; see 901. ECCLESIASTICAL COURTS, have no jurisdiction of trusts, 19, 2G1. EDUCATION. See Poor. EJECTMENT. See Actions. cannot be brought by c. q. t., unless surrender presumed, 591. may by trustee even against c. q. t., 591. ELECTION, by c. q. i., as to land to be converted into money, and vice versa. By whom made. Feme covert cannot elect, 816. but as to money to be laid out in land, bound by consent in court of equity, 817. under Fines and Recoveries Act can dispose of estate, or in- terest in land, or money to be laid out in land, 817. even contingent interests by 8 & 9 Vict. c. 106, s. 5, 817, note (n). reversionary interest in money to arise from sale of land, 818. or semble in legacy raiseable out of land, ib., and note [I). when tenant in tail, see inf. Infant, cannot elect, 816. Lunatic, cannot elect, ib. Remainderman in fee, may elect, so as to bind real and per- sonal representatives, inter se, 818. but subject to right of prior owner to call for conversion, 818. actual conversion by prior owner would defeat intended elec- tion, semble, 819. Tenant in common, &c., cannot singly elect against sale of his share of land to be sold, 819. may singly elect to take as money his share of money to be laid out, 819. Tenant in tail might elect by suit as to money to be laid out in land: — 1. Where remainder limited to himself, 819; 2. "With consent of remainder- man, 820. or even without suit, 820, 821 ; and semble, even since Fines and Recoveries Act, 822 ; but see 823. by petition, under 39 & 40 Geo. May, 1858.— 49 3, c. 56, 821 ; and notes {/) and (I). under Fines and Recoveries Act may dispose of land, or money to be invested in land, 822. Trustee, his act shall not alter c. q. t.'s estate, 825, et seq. How made, by express declaration, 823 ; as to a will, see 825. even by parol, as between real and personal representatives, 824. excepted out of Lord St. Leo- nards' Trustee Act, 839. Presumed, 823 ; (whether know- ledge of c. q.t. necessary), 824. [a) where land to be converted ; e. g. by c. q. t,, granting lease, reserving rent to himself and his heirs, 824 ; keeping land unsold, 823 ; entering into pos- session, and taking custody of title deeds, ib. (6) where money to be converted ; e. g. by c. q. t. changing secu- rities, «&c., 824; receiving the money, 823 ; see 804 ; not by mere receipt of income, 823 ; from c. q. t.'s will (formerly even unattested), 825. Until made, special trust proceeds, 598. of clerk by parishioners, 107-110 ; see Parishioners, of member of parliament, c. q. t. may vote for, 270, 593. ELEGIT. See Judgment. Equitable interest, it binds, 649 : formerly held otherwise, 12. what portion of trust estate might formerly be taken in execution under, 658 et seq. ; and see 659, note [y). of equity of redemption, 660. of trust in nature of mortgage, 661. entirety under 1 & 2 Vict. c. 110, s. 11,666. when elegit must be sued out be- fore application to equity, 662 ; and see note (t). Estate by, in trust for feme covert, 630. Origin of, 647. Remedy of at law by possession, 658, note (w), and see 659, note [y). as to trust estate under Statute of Frauds, 664, et seq. under 1 & 2 Vict. c. 110, 669. tenant by, not bound by a use, 3 ; is by a trust, 280. 762 LEW IN ON THE LAW OF TRUSTS, ETC. ENTAILS, Equitable, barred how, 602, 604. customary estates in, depend on custom to entail legal estate, 46, and see note (e). history of, 601, et seq. ' ENTREATING," may raise a trust, 167. EQUITABLE ESTATES. ^Q^Mergcr. assignment of how made, 603 ; precautions in, 604 et seq. compared with legal, 44, 103, et seq. 140, 141. purchasers of when bound by trusts, 729 ; see 725. a series of, 596 ; see 848. Mortgage. See Mortgage, Equitable. Powers, distinguished from legal, 525. collateral or annexed to estate, 526. T^aste, 225 ; and see 514. EQUITY. Bars to claims in, 731 ; see Limitation, Mesne Rents. Courts alone have jurisdiction of Trusts, 19. can act in personam, 47 ; and see Jurisdiction. Doubtful, 367, whether purchaser bound by, 596, 848. Redemption of; see Mortgage, Mort- gagee; Mortgagor. barred by lapse of time when, 733. chattel, of a, may be taken under equitable fi. fa. 649. copyholds of where formerly liable as assets, 661, note (1). distinguished from a trust, 284. forfeitable for treason, 677. judgment creditor entitled to sale of entirety, 660. subject to curtesy, formerly not to dower, 12, 621, and see 626. Settlement to, see Feme Covert. Trustees of mere equity, 596, 848. ESCHEAT. See Failure of c. q. t. Copyholds not properly subject to escheat, 283. lord bound by trust entered on the roll, ib. qu. if in case of customary free- holds, 284. Equitable interest not subject to, c. XXIII. s. 9, p. 678, see 14. Law of, now altered by late statute, 285, et seq. Lord may redeem mortgage term created by person whose estate has been escheated, 285 ; subject to debts of such person, ib. does not take raortcrao-e in fee on mortgagor's death intestate without heirs, 679. whether formerly bound by a trust, 14, 18,280, et seq. ; not by use, 3. Money to be be laid out on land not subject to, 795. ESTATE, Pur autre vie, see Pur Autre Vie. Trustee, what he takes at law, c. XI. p. 246, and see Legal Estate. ESTOPPEL. 305. EVIDENCE. See Affidavit ; Frauds, Stat, of; Parol; Trustee Acts. EXCHANGE. See 894, Charity lands of, with eonsent of commission. 504. Power of sale and exchange a " usual power," 164 ; see 166. whether it authorizes partition,417. EXCHEQUER, Court of, whether it could relieve c. q. t. as against royal trustee, 30. transfer of equity jurisdiction to court of chancery, 859. EXCHEQUER BILLS, whether government security, 342, note (/). EXECUTED TRUSTS, what, 144, et seq. how construed, 141. See Executory trusts. EXECUTION, Chattels of by fi. fa. 646. See Jiidg- ment. from what time chattel interests in lands are bound by, 647. of trust chattels. 648, 662 ; of stock, 648, 669, et seq. for debt of trustee, 261, Creditor, taking trust chattel in, bound by trust, 283 ; whether he can by execution levy debt upon property subject to voluntary trust for debts, 476. Defective of powers of, upon what principle aided in equity, 96. EXECUTOR. See Foreign, Lifant, Relinquishment (Representative) . Acceptance of office, what acts con- stitute, 241, 242 ; and see Accept- ance. having once acted cannot re- nounce, 289. notwithstanding he has not proved, 290 ; see 838, note [d). may renounce probate and claim legacy, 234. executor of executor administer- ing to one testator must to the other, 234. Assent of, to bequest, 243, 454. INDEX. •63 EXECUTOR, continued. Assets personal in hands of execu- tor, a species of trust property at common law, 261. e.g. cannot be taken in execution for executor's debt not forfeit- able for felony, &c., 262. vest in executor's executor, 260. not in executor's administrator, 262 ; and see Feme Covert, (executrix). Agent acting under executor's direc- tion, 459. Co-executor. See Co-trustee, Powers, inf. compared with co-administrator, 316. with co-trustee, 310 ; see 317. duties, he must uot depend on mere representation of co-exe- cutor, 315. especially where testator long dead, ib. should call in debt owing from co-executor to testator's es- tate, 329. should notleave money in hands of co-executor, 316 ; see 314. whether executors may place money in bank payable to either co-executor, 336. liability depends on acting, not mere joining in act, 312. answerable for putting assets into sole hands of co-execu- tor, 314. how far for devastavit of co-exe- cutor, 289, 304, 316. not generally answerable for acts or defaults of co-execu- tor, 310. whether for joining in receipts pro forma, 310, et seq. not for joining in nugatory acts, 311 ; or in acts ex necessitate, 315 ; e. g. indorsing bill of exchange payable to two per- sonally, or transfer of stock, ib. ; unless act be with im- proper view, ib. ; see as to liability at law, 296. survivorship of office, 300 ; of powers, 536. Charge, he may not, for time or trouble, 546. where entitled to commission for administration in East Indies, 547, note (n). Costs allowed to executors in credi- tor's suit, 873. executors, who are necessary par- ties in suit by stranger, unsuc- cessfully contesting his claim, pay, 872 ; and see Costs. Covenants, what may be required from executors of one who ha.s agreed to take a lease, 425, note (A-). by executors of lessee on assign- ment, 426. Decree after, he may not pay debts or invest assets without sanction of court, 524. Devastavit. See Co-executor, sup., Liabilities, inf Duties of. See Liabilities, inf. he should not allow assets to remain on personal security, 329. but not liable if legal proceedings would be useless, ib. may allow assets to remain on mortgage, 329. should uot allow outstanding debts which carry interest, 358. after payment of debts, &c., must account for surplus, or charge- able with interest, 358. and no excuse that he did not use the money, 359. but not so charged during first year from testator's death, 364. must not trade with assets, 360, 361 ; and see 340, 364. Indemnity, what he may require as to leaseholds, 426, and see Indem- nity, Liabilities. See Co-executor, Duties, sup. whether answerable to creditors when not to legatees, 313, 314. for devastavit, 296 ; conf. 521. See Co-executor, sup. whether for paying debts barred by statute, 520. whether for omission to insure, or for robbery, 332. See Insurance. Lunatic, &c., see Trustee Act, s. 6. Mortgage. See Powers, inf. Next of kin, executors are trustees for, of undisposed residue, 59. where no next of kin executors take beneficially as against the crown, 59, 324. Powers of, to deposit mortgage, or sell personal estate and to give receipts, 453, et seq. ; see 457. even without concurrence of co-ex- ecutor, 453 ; or when specifically bequeathed, 454 ; but see 458. except where fraud, &c., 455, et seq. e. g. sale at nominal price or undervalue, 456 764 LEWIN ON THE LAW OF TRUSTS, ETC. EXECUTOR, continued. sale or pledge to secure execu- tor's private debt, 456. even where executor joint spe- cific or joint residuary lega- tee, or subject to a charge, 457. secus, where he is sole specific or sole residuary legatee, 456. case where executor's creditor has express notice of unpaid debts of testator, 457. sale, &c., for executor's private advantage, 457. sale, &c., of chattels specifically bequeathed where purchaser has notice thattestator's debts have been discharged, 458. sale, &c., where misapplication probable, 458. how far safe to deal with executor after long interval from testa- tor's death, 458. who may impeach fraudulent sale, &c., by executor, 459; and see Decree, sup. Purchase, executor may not purchase assets, 465. Receipts. See Co-executor, Powers, sup. Receiver appointed where husband ofexecutrixoutofjurisdiction,870. Renewal, of lease by, 219, 220. Survivorship. See Co-executor, sup. Trading with assets, 360, 36 1 ; see 340. Trust, whether it can be averred against executor, 59. Trustee, executor of bound by trust of chattels, 279. specifically bequeathing trust pro- perty, qu. whether executor with specific legatee can execute trust, 267, conf. 297, when executor converts himself into a trustee, 243. EXECUTORY BEQUESTS, see 104. EXECUTORY TRUSTS, see 144, 158, 727. Construction of, in Marriage Ar- ticles, see 146, 152, note (c). Chattels, " heirs of body" applied to, construed limitation to eldest son as heir, and if no son, to daughters, as co-heiresses, 149. notwithstanding death of son or daughter in parent's lifetime, unless contrary implication, ib. agreement to settle on same trusts as real estate, what limitations it authorizes, 150-152. Joint tenancy in articles construed tenancy in common, 152. Real estate " heirs of body," or " is- sue," applied to, construed first and other sons in tail as purchasers, 147, remainder to daughters, as tenants in com- mon in tail with cross i-emain- ders, 149, (except where express provision for daughters by ar- ticles,) ib. exceptions — where husband's pro- perty limited to heirs of body of wife', 148; qu^re, however, since Fines and Recoveries Act, ss. 16, 17. where articles, by limitation of part of estate, to parent for life, re- mainder to first and other sons in tail or otherwise negative this construction, 148. *' heirs female" construed daugh- ters, 149. Words supplied in, articles, 153. Construction of, in Postnuptial Set- tlements, 164. Construction of, in Wills, 153, et seq. Chattels, how executory trusts as to, construed, 158, 163. semble, that chattels bequeathed as heir-looms, with real estate, vest absolutely in first tenant in tail, though he die an infant, 163. but a limitation over on tenant in tail dying under 21, is lawful, and may probably be inserted where testator manifests distinct intention, 163. Real estate (a) heirs of the body, construed to give estate tail to A., e. g. in trust " for A. and the heirs of his body," 153. " for A. and the heirs of his body and their heirs," 153. " for A. for life and after his decease to the heirs of his body," 153. estate " directed to be settled" upon A. and her children, and if she died without issue, 153. upon A. for life, remainder to his heirs male and the heirs male of every such heir male, &c., 154. executory trust for A., and trus- tees not to give up their estate till proper entail was made to the heir male by him, 154. devise to A., with direction that estate should be entailed on heir male, how construed, 154. INDEX. 765 EXECUTORY TRUSTS, continued, (b) heirs of the body construed first and other sons, &e., where intention shown, 154. as by directinpf settlement to A., for life, " without impeach- ment of waste," or with "limi- tation" to preserve "contin- gent remainders," 154, 155. on feme covert for life for sepa- rate use, 155. or by direction to settle on A. and the heirs of his body as counsel shall advise, &c., 155. where testator directs settlement, but formally declares limita- tions, 157. Generally, daughters included in " heirs of body," or " issue," 149, 156. Duplication of charges, 167. Gavelkind lands, as to, 157. " Heirs of the body," and " issue" distinguished, 155. Limitation to trustees to preserve whether now inserted, 156, see 408, 418. Notice of, 727. Powers, what may be inserted, 164, et seq. ; " usual," ib. ; proper, 166. Protector, special, whether court will insert under Fines and Recoveries Act, 156. Rectification of settlement, 148, note {g) ; and see Settlement. EXONERATION. See Contract, Mortgagor. EXPECTANCY, voluntary assignment of, whether it creates a trust, 92; see Voluntary Assurance. EXPENSES. C. XX. s. 2, p. 557. See Costs, extraordinary outlay. Allowance for, to trustees, 557, even where express allowance for trouble, 558. extra costs, 558, fees to counsel, ib., of fines, 272, of renewal, 222, of release, 375, travelling expenses, 557 ; and see Keio trustees. Account of, trustee should keep, 559. where none kept, what allowance made, ib. Lien, are upon the trust estate, 560, 561; and see 222. how far where trust extends to two estates, 562. secus in respect of trustees' agents, e. g. solicitors, or surveyors, 101, 561. Moderated charges may be, and how, 558. Reimbursement of, how made, 521, 558, 564, conf. 873. Remedy for, against c. q. t., person- ally, where, 562 et seq. ; see 563, note (x). Trust to pay costs, &c., construction of, 564. EXPRESS, Trusts, c. VII. s. 1, p. 140. Technical terms, how far necessary for, 140, 141, their force when em- ployed, 141. Trusts, executed and executory dis- tinguished, 144. what are within late Limitation Act, 743, 745, note {d), et seq. a mere charge is not, secus as to a charge coupled with duty, 746. not within 42nd section of act as to arrears, 748. EXTENT, From crown, c. xxiii. s. 7, p. 673. trust affected by, 673. could not be sold at common law, 673, may by stat., ib. equity of redemption may be sold upon, 674. EXTRAORDINARY OUTLAY, by trustee, whether he can charge, 559. FACTOR, 225. See Age^it. Bankruptcy Act, operation of as to goods, &c., in his possession, 274, 275. only takes special property, 275. FAILURE, Of c. q. t. of personalty by death intestate without next of kin, 198, 324. of realty by attainder, 323. by death intestate, and without heirs, 197, 321. whether settlor can assert a claim, 323. whether trustee can claim ad- vantage, 321 et seq. where c. q. t. has devised estate to another on trusts which fail, devisee entitled as against bare trustee, 322. Of trustee, relief of c. q. t. against, c. xxiv. p. 693. by death of trustee in testator's lifetime, disclaimer or otherwise. 693. direction to sell, and no person to sell named, 694. -66 LEWIN ON THE LAW OF TRUSTS, ETC. FAILURE, continued. for separate use, and no trustee appointed, 694. of imperative power, 694 et seq. See 543 ; Poicers. FALSE, Answer by corporation (pleading ignorance,) visited with costs, 878. Denial, by agent, of his character, 205. by trustee of claims of c. q. t. visited with costs, 877. FAMILY, Differences, settlement of a good consideration, 94. Trust for, of freeholds, how con- strued, 169. FARM LEASES. See iease*. FATHER. See Advancement, Parent. FEE, Equitable, the word " heirs" not ne- cessary to create, 141. Fee upon a fee, distinction between legal and trust estates as to, 103. Legal, vested i» trustee by trust to sell, &c., without " heirs," 250. so by devise to A. and his heirs upon trust to pay debts, 251. secus where gift to A. and his exe- cutors, «&c., upon trust to pay debts, &c., ib. what estate taken under grant to trustees and survivor, and heirs of survivor, 251 ; what under devise, 252. FELONY, 28. See Forfeiture. of c. q. t., 323. works forfeiture of equitable chat- tels, 677. FEME COVERT, Generally. See Fine, Fines and Be- coveries Act, Husband. Acquiescence, not bound by, in pur- chase by trustee, 471, generally, 777. except as to separate property without restraint, 471, 777. quasre, where restraint, 778. Advancement for, by husband, pre- sumed, 216. Breach oftrust, cannot concurin, 774. unless guilty of fraud, 774. or as to separate property with- out restraint, 775 ; see 778. remedy for, against separate es- tate, 639, et seq. by, husband liable for, 34; and see 261. Choses in action, her disability as to (possessory or revisionary,) 26. reduction into possession of, pos- sessory, 627, 631 ; whether when reversionary, 370 et seq., 627, 628. her right by survivorship to, whe- ther possessory (but not re- duced,) or reversionary, 627, 628. Confirmation by. See Disabilities, infra. Curtesy, in respect of. See Curtesy. . Disabilities of, cannot conform or release breach of trust, 777, as to purchase by trustee, 472. except as to separate property if without restraint, ib. cannot consent to trustees' relin- quishment of office, 565 ; and see Breach of trust, sup. cannot at common law pass legal estate, 35. Disclaim, how she may interest in land, 236. Discretion of, 34. Dower, her title to. See Dower. Election by, cannot make, 816. secus under Fines and Recoveries Act, 817 ; and see Election. Engagements and contracts by, parol, how far they affect sepa- rate property, 634 et seq. ; but see 639, and 778. written, id. 633. as to real estate under Fines and Recoveries Act, 634, note (n) ; and see Power, inf. Equity to settlement, as against as- signees in bankruptcy or insol- vency of husband, 369, 370; as against husband's assignee for value, 370 ; none against as- signee for value of life estate, ib. in equitable chattels real, 26, 629, 630, in equitable freeholds, 632. how asserted or waived, 628. right by survivorship distinguish- ed from, 628. Executrix, assets in hands of, dis- posable by husband during co- verture, 261. she may make a will of such as- sets without husband's consent, 261. Feoffment on condition she may make, 34. Fraud. See Breach oftrust, supra ; Potrer, infra. Power, she may execute power simply collateral, appendant, or in gross, 34. INDEX. 767 FEME COVERT, continued. general, when equivalent to sepa- rate estate, 775. estate appointed under, not assets, except where fraud, 768, note [w). Practice. See Equity to Settlement, sup. ; Separate Use, inf. Property of. See Separate Use, inf. (a) Equitable not settled to her separate use, her chattels per- sonal, 627 ; chattels real, and contingent interest therein, 629 ; (effect of husband's forfeiture upon, 677 ;) choses in action, see sup. ; elegit, estate by, 630 ; freeholds, 631 ; mortgage term, 631. as to effect of getting in legal es- tate in wife's equitable term, 630. (6) Legal, chattels real, husband may as- sign, 629 ; secus if they cannot vest during coverture, 630 ; see 26 ; freeholds, 35 ; see 25, 632; 634, note(?i), Sn, 818. Restraint against anticipation, sepa- rate estate. See inf. Reversionary interests. See Choses in Action, sup. in land, or money arising from, or charged on, 818. Survivorship, her right by, 627, 628. Trust, how far she can create, 25. Trustee, she ought not to be appoint- ed, and why, 34, 35 ; see 710. Will. See Executrix, sup. ; Sepa- rate Use, inf. liestraint against Anticipation, 123, what words will effect, 123 ; and see 129, 130, 632 note {w). Arrears of income, does not attach to, 642 ; see 26. Discharged, the clause may be, during discoverture, 124. Marriage upon, the clause operates during the coverture, 128; see 124, et seq. Power of Appoint- ment, inf. second, effect of, 130 ; see 631. Power of Appointment, how far it discharges restraint, 129, 130. Separate Use. See Devise. Allowed in trusts, 120, though no trustee interposed, 121, 728. husband, construed trustee, ib. ; and see 125 note (x), 694 ; but see 123. Arrears of, 642 ; and see 26, 131. received by husband, what reco- verable by wife or her represen- tatives, 642. where wife is non compos, 644. whether distinuisbable from ar- rears of pin money, ib. Assets equitable, is administered as. 642. Created, by what words, 121, 122. what words insufficient, 121, 122. trust must be clearly expressed, 121. Discharged, may be, during disco- verture, 124 ; and see 640. Engagements. See Engagements, sup. Feme covert is considered feme sole as to separate property, 26, 632 : and see Acquiescence, Breach oj trust, Disabilities, sup. Judgment, trust for separate use whether within 1 & 2 Vict. c. 110, s. 11 ; 666, note (a). Legal estate, what trustees take where limitations for, 247, 252. 255. Liabilities of ferae covert in respect of. See Breach of trust, Engage- ments, sup. enforced by bill against feme covert and her trustees, not a- gainst her personally, 640. notwithstanding husband's death. 640. only against arrears where re- straint, &c., 641, 642. after death of wife by creditors' suit, 642. See Assets, sup. Marriage upon, the clause operates. 124. effect of second, 130, 631 ; as to arreai's, 131. Possession, when c. q. t. entitled for separate use is put into, 590 ; see 589. Power of appointment when equiva- lent to ownership for separate use, 775. Practice as to, in proceedings in equity, 633, 640. wife sues for by next friend, 858 ; see 348. Real estate, her acknowledgment in conveyance of separate use un- necessary, 646. Savings of. See Arrears, sup. ; Will, inf. Will, by feme covert, may dispose of separate estate and accumu- lations, 642. undisposed of survives to hus- band, ib. 768 LEW IN ON THE LAW OF TRUSTS, ETC. FEME SOLE, ought not to be trustee, and -why, 35. trustee marrying may be removed, 710. FEOFFMENT. Forfeiture, by, 678. Infant, by, not void, but voidable, 26. Lunatic, by, or idiot voidable only by heir, 27. FIERI FACIAS, writ of. See Execu- tion; Judgment. FINE, Effect of, in cases of election, 817. upon equitable entails, 601, 602. Infant feme covert, formerly con- veyed by, under Trustee Act, 835, note {?<)• Infant, idiot, or lunatic, of, 26, 27. See Recovery. Nonclaim with, a bar against infant, c. q. t. of term, 721. secus in case of fraud, ib. a bar against constructive trust in favour of a volunteer without notice, 733. no bar in case of notice, 224. FINES, Admission to copyholds, for, 272, 402. See Copyholds. Lease of charity lands, upon, 505, 506 ; see 510. Renewals on, 386, et seq. See Re- netvable Leaseholds. Under-leases of, 392. FINES AND RECOVERIES' ACT. See Protector. Acknowledgment by feme covert, under, 25, 632, 634, note {n). its effect as to her reversionary interest in land, 817, 818, to be converted, ib. ; legacy charged on, ib. ; see note (ji). whether necessary for dealing with wife's separate property, 646. Effect of, in election by tenant in tail, 822. as to limitation to preserve con- tingent remainders, 411. under settlement of husband's property to heirs of body of wife, 148. Infant tenant in tail, conveyance by, in pursuance of Trustee Act, 835, note (/). Vesting order, under Trustee Act, 1850, 885, note [1). FOLLOW. Where c. q. t. may, trust estate itself, if wrongfully convert- ed, c. xxvi. s. 1, 724. See Breach of trusty (Remedy, 1). where property substituted in place of trust estate, c. sxvi. s. 2, 753. where conversion in pursuance of trust, 754. tortious, 755, et seq. See 825, Breach of trust (Reme- dy, 2). FORECLOSURE, ^qq Abroad; Mort- gagee. FOREIGN. See Abroad; Frauds, Stat, of; Jurisdiction. Funds, 812. Law, whether trustee or executor presumed to know, 367. FORFEITURE. See Felon; Out- law ; Treason. Case of felony, outlawry, or trea- son, 29. as to chattels and goods, takes place on conviction, ib. felon, &c., may sell goods, &c., before conviction, ib. how far he may make a settle- ment of, 28, 29. Equitable interests of, none at com- mon law, in trusts of lands, 674. qu. under 33 H. VIII. c. 20, s. 2, 674, et seq. equities of redemption within the statute, 677. trust for alien, 677, how crown prosecutes its rights, ib. ofchattels,realor personal, 677. for felon's wife, ib. Legal estate in trustee, of, chattels in trustee, subject to, at common law, 260. secus now, 260, 286 (but see 287), and secus as to assets in hand of executor, 262. freehold estate in trustee, subject to, at common law, 260. secus now, 260, 285, 286, (but see 287). Person taking trust estate under, formerly bound by same equity as forfeitor, 280. Tenant for life by, at law from feoff- ment, &c., 678. not bv equitable tenant for life, ib. FORGERY, Letter of attorney, of, 372. Trustee absconding on charge of, removeable, 711. FORMALITIES, required for creation of trust, c. v. p. 56. and see Averment; Frauds, Stat, of; Wills, Stat, of; Iransmutation of Possession. INDEX. 769 FOUNDER, I Charity, of, when visitatorial power belongs to heirs of, 492. when heir of, unknown or lunatic, visitatorial power in crown, 495. FRAUD. See False; Fine ; Suit. Bar, none from time whilst fraud concealed, 734, note (6). and see Stat, of Limitation, s. 26, 743. account carried back to accruer of title, 756, note, secus, after discovery, 734. By agent, 204 ; devisee or heir, 70. feme covert, 774; grantor, 178; infant, 39, 774. Charged by bill, defence, whether by demurrer or plea, 735. Ground for, account of mesne rents in equity, though upon a legal title, 754, note, court's interference in exercise of powers, 543. court's non interference, 137, 139, 768; conf. 178. Laches, effect of, where plaintiff alleges fraud, 742. Parol, may be established by, 74 ; and see 205. Vitiates trust for payment of debts, 476. FRAUDS, STATUTE OF. C. v. s. 2, p. 60 ; and see Devisee, Heir. Assignment of trusts, must be by writing signed, &c., 600. Constructive trusts, how far it affects, 228, et seq. ; see 206, 762. distinction in case of will and conveyance, 230. Devises of lands, and bequest of personal estate, how made accord- ing to statute, 65. Interests within the act, charitable uses, 61 ; chattels, real, 61 ; copyholds, 60. Not chattels personal, 61; lands in colonies planted before sta- tute passed, 62 ; nor foreign lands, 62 ; nor trusts arising by implication or operation of law, 204, 228. whether it binds the crown, 62. Pleading the statute, as to, 62 ; see 1B7. Trust to be proved by, not declared in writing, statute satisfied if trust manifested by subsequent acknowledgment of trustee ; e. g. by answer, express declara- tion, letter, memorandum, reci- tal, 63 ; qu. whether by bill in chancery, 63, note (m). but relation to subject-matter and nature of trust must be clear, 64. writing must be signed, 64 ; by whom, 65. may refer to unsigned paper, 64. Trust estate, how far assets under section 10 of Act, 684. when to be taken in execution at law under same section, 664. FRAUDULENT, Appointment of trustee, 580. Conveyance, within Bankruptcy Act, 479, 480 ; within Insolvent Deb- tor's Act, 475. of estate abroad relieved against, 48. Corporators, fraudulent alienation or misrepresentation by, 847. Dealing with executor. See Execu- tor, Powers, 455, et seq. Exercise of discretion by trustee. See 409, 415, 543. Purchase by trustee of trust estate, repairs only allowed, 466. FREE, Grammar school, " school, " (see 3 &4Vict. c. 77), 499, 500. FREEBENCH, attaches on legal estate in trustee, 260. not on equitable estate in copy- holds, 621. FREEHOLD. See Disclaimer. whether estate for life may be devis- ed to trustee notwithstanding, 1 Vict, c. 26, 259. "FUNDS," 342. in court, assignment of, 613, 614. GAME ACT, qualification under extended to c. q. t. of lands, 593. GAMEKEEPER, must not be appointed for pleasure of trustees, 318. GAVELKIND LANDS, Descent of money arising from sale of, 681. trust in, 680. Settled, how, under articles, 157. GENERAL ORDERS, as to distrin- gas, 1 to 5 of 17 Nov. 1841, 861, 862. as to interest on simple contract debts, from decree 46th, of Aug. 1841, 490, note [g). as to parties to suits, 30th and 32d of 26th Aug. 1841, 852, et seq. as to service of petition for Stop Order, 614, note {I). 770 LEWIN ON THE LAW OF TRUSTS, ETC. I GENERAL ORDERS, continued. as to Trustee Relief Act, 379, et seq. GOVERNMENT, securities, 341, 342, 353. See Invest- ment. GRANDCHILD, advancement for, presumed, 216. "GRANT." See Covenant. whether inserted in conveyance by trustees, 424 ; see 596, note (r). GRANTEE, g^uilty of mala fides, 178. GREEK BONDS, 342. GUARDIAN, Advantage, cannot gain by abuse of his office, 321. Infant cannot be, 36. Office survives as to testamentary guardians, 300. secus, if joint guardians appointed by court, ib. note [v). HARDSHIP, court will not enforce against trus- tees contract which involves, 424. HEIR. See 141, Devise ; Resulting trust. c. q. t. attainted, whether his heir may sue trustee, 323. Common law heir, when entitled to proceeds of sale of gavelkind lands, G81 ; customary when en- titled to trust estate, 680. Engagement by, to make provision, &c., if estate allowed to descend, enforced, 70. Failure of See EscJieat, Failure of c. q. t., Trustee Acts. Favoured, whether more than execu- tor, 188, 805; conf. 181. " Heirs female" in articles, 149. " Heir Male" in will, 154. Money to be laid out in land, where heir entitled to, 797, et seq. See Conversion. under bequest to be settled on testator's heir, 805. "Nemo est hjeres viventis," 407. Resulting trust. See Trustee, inf. (a) heir takes, upon devise on trust where trust not defined by will, G8, 181. unattested documents, whether admissible to prove trust, ib. whether case altered by parol information of trust by tes- tator to trustee, 75, et seq. ; 181, et seq. upon devise to one without re- ference to trust where engage- ment to execute unlawful trust, 71 ; and even though such engagement does not relate to definite part of es- tate, 73. defendant must discover the secret trust, 72, 73. case of engagement to execute trust, but no trust declared, 74. (6) heir does not take, upon devise to one without re- ference to trust, where no com- munication to devisee in tes- tator's life, though testator leave unattested declaration of trust, 68 ; and see p. 72. or devisee means to execute un- lawful trust, 73. heir not excluded from by mere conjecture, 181 ; whether by a legacy, 181. in money or devise for conver- sion, where heir takes, 182, etseq. ; but see 194, 197 ; and see liesuUing trust. whether resulting interest de- volves as realty or personalty, 182. Settlor, heir of, when bound by trust, 693, 694. Specialty debts, how heir is liable to, 239. Trustee, heir of, is bound by trust, 279 ; whether he can disclaim, 232. twenty years' possession by, no bar to heir entitled to resulting surplus rents under express trust, 745. Use, the heir is bound by, 3. Volunteer, when the heir is, under limitation in marriage settlement to heirs of husband, 406. HEIRLOOMS, Bequest of, to same uses as free- holds in strict settlement, how construed, 158, et seq. See Exe- cutory trusts. c. q. t. his rights in, 594. HEIRS OF THE BODY. Equi- table entail, may be created with- out these words, 141. Construction of, in marriage articles as to chattels, 149. as to freeholds where construed, first and other sons, 147, 148. in wills whei'e construed first and other sons, 153, et seq.; and see 142, 143, and Executory tnists. Include daughters, 149, 156, not synonymous with " issue," 155. INDEX. 771 HEIRS OF THE BODY, continued. Purchaser with notice, whether bound by these words, Y27. HERIOT, when payable as to copyholds, 272, conf. 402. HERITABLE bond, 53. " HONORARY TRUSTEES," 408. "HOPING," may raise a trust, 168. HOUSEHOLD GOODS, how c. q. t. of may use, 594. HUSBAND. See Feme Covert. Executrix, husband of, may admin- ister assets during coverture, 2GL Liable for wife's breach of trust, 34. Trastee of wife's separate estate, construed to be, 44, 121, 125, note (x), 694, 728. husband appointed with another upon trust, (inter al.) for wife, not a trustee for her separate use, 123. Wife's property, how far he may dis- pose of, chattels personal, 627 ; chattels real, (equitable), 26, 629, et seq. ; and see 9, 12, 631, (legal), 6'29. choses in action, 26, 627, and see 369 ; (and as to her life estates, see 370). freeholds (equitable and legal), 631, 632. Wife's separate estate, what arrears of can be claimed from hus- band, 642, as to pin-money, see 644. if undisposed of, husband surviv- ing, entitled to, 642. suit as to, husband how made party and his costs, 858 ; see 348. HUSBANDRY LEASES. See Leases. IDIOT. See Lunatic. IGNORANCE, c. q. t. of, as to his rights, Acquiescence, defeated by it, 778, and so confirmation, 472, 778. Concurrence in breach of trust prevented by it, 774. Laches excused by it, 471. Law, ignorance of the, 472, 778. Presumption of waiver, how far rebutted by it, 737. Release defeated by it, 224, 778._ Statutory bar, not prevented by it from running in equity, 733. Trustee of, as to his true character, 751, conf. 790. ILLEGAL Trust. See Ualaioful trust. ILLEGITIMATE CHILD, advancement for presumed, 216. future, trust for not good, 131. IMAGINARY VALUES, trustee not charged with, 766. IMBECILITY. See Lunatic. IMPERATIVE powers. See Failure of Trustee, Poioers. IMPERTINENCE, Statement of trustee's misconduct is not, 711. IMPLIED. See Notice. Devise, 250. Powers, whether charge implies power of sale, 251 ; and see 257, 258. Trusts, defined, 140, note (1); and see c. VII. 2, p. 167. agreement to settle under, 173. See Settlement. Charge, under, 173. See Charge. Contract for sale, uiader, 174, l75. See Purchaser. Words precatory from, 167, no trust created, where uncertainty, 168, et seq. doctrine of, discouraged, 173. not a question of mere gram- matical import, 171. trustee of, not bound so strictly as by common trust, 172. Words, " subject thereto," implied, 191. See Resulting trust. IMPROVEMENTS, Allowance for, on setting aside cha- rity lease, 511. purchase by trustee, 466, 468. not allowed in case of fraud, 466. tortious sale by trustee, 764. Lasting, lien of trustee for, 222. On lunatic's estate from his person- alty, 827. e. g. for draining, engine at mine, inclosure, ib., conf. 830. Ornamental by trustee, expense of not allowed, 513. Tenant for life, whether directed at his instance, 514. IMPROVING LEASES, of charity lands, 504. INACTIVITY, ofone co-trustee, 574, whether ground for appointing receiver, 870. INCAPACITY of trustee, ground for appointing new trustee, 710, see 693; receiver, 870. INCONVENIENCE, of granting relief a bar to suits, 739, et seq. how far applicable as to charities in suits for account, 787, et seq. 772 LEWIN ON THE LAAV OF TRUSTS, ETC. INCUMBRANCE, trustee cannot buy up for himself, 318. INDEMNITY. See Attonieij (power of). . . Advice of charity commissioners, persons acting under indemnified, 785 ; See Payment, inf. Bond of, on appointment of new trustees, 580, 581. on distribution of trust fund, 367 ; and see 721. c. q. t. bringing action in name of trustee must give, 591 ; see 719. Court trustee acting under sanction of, obtains without release, 375; and see 368, 765. as to future instalments when one payment made under court's direction, 376. Leaseholds when trustees and exe- cutors can require in respect of, 426; and see 223. Legal liability, trustee who has in- curred at request of c. q. t, may claim indemnity, 562 ; but see 563, 564. Payment by trustee, &c., of charity funds to official trustees, 382. into court by, under Trustee Re- lief Act, 377, note [x). INDIA. See Bengal, East Indies. INFANT. See Advancement, Main- tenance, Trustee Acts. Acquiesce cannot, in breach of trust, 777 ; purchase by trustee, 471. Administration, durante miaoritate, 834, note (I). Assurances by, he may avoid, 37, 38, inf. Attorney, cannot be in suit, might be to deliver seisin, 36 ; see Power, inf. Bailiff, cannot be, 36. Breach of trust, cannot commit, 39, 373 ; or concur in, 774. unless guilty of fraud, 39, 775. cannot acquiesce in, confirm, or release, 777. protected after attaining 21, until he has full information, 777 ; and see Eemed;/, inf. Capacity, has no legal, 35. Confirm cannot, breach of trust, 777 ; purchase by trustee, 472. Conversion of his property, not per- mitted, 829. case distinguished from that of lunatic, and why, 829. but since late Wills Act, see 831. mortgage, &c., paid off out of his money, considered personalty, 830. timber cut, preeeeds with accu- mulation remain realty, 829. except perhaps where he is te- nant in tail, and why, 830. but necessary outlay for realty thrown on personalty, 830. e. g. keeping up house, option to purchase at given price, repairs, ib. seisin changed from ex parte materna to ex parte paternfi, on renewal of lease, 831. Debts, confirmed by, after attaining majority, 776. contracted by, for necessaries, 485. Deed, his delivery of, its effect. Disability of, how remedied, 36. See Trustee Act ; and as to settle- ment of infant's estate on mar- riage, see 18& 19 Vict. c. 43. Discretion, he has not any legal, 36. Elect, cannot, 816. Executor, when he might formerly have acted as, 36 ; have appointed, 25. Feoffment by, not void, but voidable, 27. by custom of Kent, infant of 15 years may make for value, and semble without, 27. Fine of. See Fine, Recovery, inf. Fraud, may not practise, 39 ; and see 373, 775. Gift to, presumption that he takes beneficially, 39. Guardian to a minor, he cannot be, 36. Laches, of his trustee, in not prose- cuting legal right whether barred by, 720, et seq.; see 744. Liable, not personally, to trustee for expenses, 563, note {x). Limitation of suit. See Limitation, Stat, of, Mesne Rents and Profits, inf , and 754, note. Mesne rents and profits, may file bill for account of, on legal title, 753, 755, notes, account barred • unless brought within six years after majo- rity, 755, note, carried back to accruer of title, 754, note, but where defendant ignorant of true character as trustee only to filing a bill, 751. Ministerial acts, he may discharge, 36 ; e. g. as lord of manor he may give effect to custom. INDEX. 773 INFANT, contimicd. Payment to, by trustee, 372. Power of attorney by, void, 37. collateral cannot execute if re- quiring discretion, 36. Receiver, he cannot be, 3(5. Recovery of, formerly reversible only during nonage, 26. Release, he cannot, 777. Relinquishment, by trustee of office, he cannot consent to, 565. Steward of manor, he cannot be, 36. but acts by him in this character cannot be avoided, 36, note (c). Tenant in tail. See Recovery, Fines and Recoveries Act. Trust, how far he can create, 26, 27. created by him would not be en- forced to his prejudice, semble, 27. _ Trustee, infant ought not to be ap- pointed, 35 ; substitution of new trustee for, 895, note {m). how infant conveyed under Trus- tee Act, 835, note (ii). for infant, how he may purchase trust property, 465. Will, cannot make, 27 ; formerly might of personalty if 14 years of age, ib. INFORMATION. See Duties. c. q. t. may require as to state of trust, 599 ; see 427. Ordinary remedy for breaches of trust as to charities, 779. where an information proper, and where a bill, ib., note (6). advowson where vested in trustees for parishioners, information improper, 107. corporation against, for removal of governors dismissed with costs, 493. but where mal-administration of property court interposes, ib. ; and see 31. INHABITANTS, Election of clerk by. See Parish- ioners, 107, 108. Of a place, trustees required to be, 711. INJUNCTION, Breach of trust, c. q. t. may have against, 723. where co-trustee should apply for, 317. Improper sale, whether c. q. t. may have against, 422. whether mortgagor, 423, note {lo). Lands abroad, from taking posses- sion of, 48. Payment into court, notwithstanding injunction, 869. Timber as to, 753, note. Waste where tenant for life threatens, trustee to preserve should apply for injunction, 408. INQUIRIES, Assignee of equitable interest should make, of trustee, 605. c. q. t. by, trustee must answer, 427 ; and see 599. Charity commissioners by, 784; see 779 783. INQUISITION, 132, 677. See Alien. INSOLVENCY. See Bankruptcij, Insolvent. Debts, trust for, how affected by in- solvency, 475. Equity to settlement of feme covert as against assignees, 369. Limitation over, on or until, 135, et seq. person cannot so limit over his own property, 136. except to extent of portion re- ceived with wife on marriage, . ^^• Maintenance, trust for, at discretion of trustees how far assignees take under, 133, 134.; and see 597. Proof undei-. See Bankruptcy (Proof). Trust estates, where they pass to as- signees on trustee's insolvency,278. See Banhmptcy (Trust Estate). INSOLVENT, C. q. t. tenant for life, goods left in his possession not forfeited, 594. Co-trustee, whether necessary party to suit, 848 ; whether representa- tives of deceased are solvent co- trustees, 847. Judgment against future property, effect of, 29. Property of, up to final discharge vests in assignees, 29. Trust, how far he can create, 29. Trustee, insolvent is not absolutely disqualified from being, 40 ; but see 711, and note [g). his insolvency a ground for ap- pointing receiver, 870. INSPECTION, Accounts of c. q. t.'s right to, 599. Vouchers of, 428. INSTRUMENTAL TRUSTS, 21. INSURANCE, Company, shares in, given in succes- sion should be converted, 812. Executor held not liable for omitting, against fire, 332; see Trustee, inf. 774 LEWIN ON THE LAW OF TRUSTS, ETC. INSURANCE, continued. Fines, for renewal, payable out of rents, as to insurance, 391. Mortgagee not allowed for, in absence of stipulation, 516. Statute, 14 Geo. III. c. 48, does not prohibit on life of A. in name of B., when both names appear on policy, 136. Trustee, whether he should insure against fire, 516. when liable for omitting to main- tain policy, 764. his lien for premiums, &c., ad- vanced for, ib. INTENTION, will, if possible, be carried into effect in trusts, 100, 103; and see Volun- tary Assurance. will not control the operation of the Statute of Uses, 246. INTEREST, c. XIII. s. 4, p. 358. See Investment. c. q. t. receiving on improper loan, where estopped from charging trustees, 776 ; conf. 769. Charged against assignees, executor, receiver, trustee, &c., for moneys improperly retained by them, 358, 359 ; see as to retain- er of charity funds, 502. no excuse that money was not used, 359. but delay may be explained by luistake, ib. ; and conf. 790. executors, from what period charg- ed, 364. not on money that never came to hand, 365 ; and see 329, Hate, Trade, inf. Compound, charged where accumu- lation directed, 364 ; and see Trade, inf. Costs, interest on, not allowed to trustee, 558. Debts on, what allowed under trusts for creditors, 489 ; see Debts. Fines for renewals, what interest charged in contribution for, 397. Mesne rents and profits, not charged ou account of, 752. nor where purchase by trustee set aside, 466. Proof for, by c. q. t. on bankruptcy of trustee guilty of breach, 771. Rate of, £4 per cent, charged usual- Iv where simple retainer, 361, 362. £5 per cent, where direct breach &c., 362 ; and see Trade, inf. Trade, money employed in, by trus- tee ; c. q. t. has option of £5 per cent, or actual profits, 319, 361. whether with rests, 362, 363 ; and see Trade. money lodged at bankers' in trus- tee's name considered so em- ployed, 361. INTESTACY, C. q. t. of, as to personal estate with- out next of kin, executor enti- tled, 324. as to fee, without heirs, whether trustee entitled, 321, et seq. Mortgagor of, in fee, without heirs, mortgagee entitled, subject to mort- gagor's debts, 322, 679. Of purchaser of fee, without heirs after purchase money paid, but before conveyance, vendor keeps money and estate, 322. Trustee, when he should avoid, as to trust estate, 265, et seq. INTESTATE, Trustee not within Lord St. Leonards' Trustee Act, s. 10, 838, note [d). INTIMIDATION. See Terror. INTRUDER, not bound by a use, 3. INTRUSION, may be of a trust, 621. INVENTORY, when desirable, 244. trustee neglecting, may be deprived of costs, ib. INVESTMENT. See Receipts. Construction of particular expres- sions, as " to call in securities not approved of by executors," 329; such securi- ties as trustees may approve, 345; " consent of tenant for life," " of wife" to loan to husband, 340 ; see 339 ; " convert with all convenient speed," 329 ; " to lay out at trus- tee's discretion," 338 ; " to employ" 340 ; " to lay out on such good se- curity as trustee can procure, &c.," 338 ; government or good securi- ties, 353 ; and see 341, 342 ; " to place out at interest, or other way of improvement," 340 ; " to call in and lay out at greater interest," 341 ; trustees " required," 339, 349. Court of Chaiicenj, Bank annuities, sometimes refuses to sell out for investment on mort- gage, even where express power, 346. Mortgage, does not call in, without previous inquiry whether advisa- ble, 355. INDEX. 75 INVESTMENT, continued. Personal security, will not invest on, even where express power, 338 ; see 343. Selects for investment £3 per cent, consols, 351 ; sometimes (on ac- count of time of payment of divi- dends) allows £3 per cent. Red., 354. Duties, t&c, of trustees as to invest- ment. See Conversion, India. Bank private, trustees may invest for temporary purposes to trust ac- count, 330, 332 ; but not other- wise, 336; and see 357, 361. Call in, trustee should, personal pro- perty outstanding, 327, 328; see 329 ; on hazardous security, .'i43. Consols or bank annuities, should not sell out to invest in irregular funds, 353. Control, must not put money out of his own, 334 ; must not put mo- ney under control of co-trustee or co-executor, 316, 357. Inquiry, should make due as to va- lue of security, 345, 349, 350. as to reversion, 350. as to title of borrower, 345 ; and see 349. Lend, must not, to co-trustee, 338, 345 ; conf. 329. Mix, must not, trust property with his own, 332, 337; see 759; or with sti'anger's, 350. Part with trust money, should not, except on delivery of security, 351. Power of investment, must construe strictly, 340 ; see 346. where no express power, trustee should invest in £3 per cents., and execute declaration of trust, 351. especially where successive estates, 352; see 812. except where other premises spe- cifically bequeathed, 354, 809. Productive, should make trust fund, 336, 337 ; see 357, 358. Receipts, whether power to give im- plied by trust for investment, 523. See Receipts. Solicitor, trustees should not, when lending, employ borrower's solici- tor, 358. Tenant for life, trustees must not favor at expense of remainderman, 339, 344, 352 ; and see 343, 346, 348, 415, 421, 808. Trade, must not invest in, or specu- lation, 319, 340; see 361, et seq., 760. Varying securities, power of trustees as to, 523 ; see Receipts, sup. Liabilities incurred by imptroper in- vestment or non-investment. Capital, as to, where money impro- perly retained. {a) where no direction to invest, 353. (6) where express direction to in- vest in funds, and neglect so to do, 355 ; and see 357, 764. (c) where direction to invest in funds or real security, 355, 764. when stock improperly sold, 356, 772 ; and see Conversion [im- plied and tortious). Interest, as to, c. xiii. s. 4, p. 358 ; see Interest. Securities, particular kinds, whether authorized. [a) Generally, Annuity with policy, 341 ; bank or government annuities, 351 ; bank, private, 336 ; bank stock, 341, 352 ; copyholds for lives, 350 ; East India Company, se- curities of, 355 ; exchequer bills, 342, and note (t) ; foreign bonds, &c., 329, 812; funds, 342; go- vernment securities, 341, 342, 353 ; Greek bonds, 342 ; judg- ment, 350 ; leaseholds for lives, 349 ; for years, ib. ; long annui- ties, 340, 350, 352, 810 ; Mexi- can bonds, 329 ; mortgage, see inf. ; real securities (as to se- cond or joint, 350) ; navy £5 per cents., 353 ; personal secu- rity, inf. ; public securities, 352 ; purchase, 349 ; railway mort- gages, 345 ; reversion, 350 : shares of canal, insurance, rail- way, &c., companies, 812; South Sea Stock, 341 ; stock of private company, ib. ; £3 per cent, con- sols, 351 ; £3 per cent, reduced, 354; £31- per cent., 340; tolls and road bonds, 346 ; trade, 340 ; and see Trade. [b) Personal, executor should call in investments on, 328, 329. trustee should not invest on ; and see instances, 337, 338. unless where express authority, 338 ; what equivalent to such authority, see 338, 341. See Court, Trade, sup. 776 LEWIN ON THE LAW OF TRUSTS, ETC. INVESTMENT, continued. whether on bank stock, &c., 341, note {p) ; exchequer bills, 342. (c) Real, 1. where not expressly authorized, quaere, whether trustees may invest upon, 342, 343 ; and see 523. not where express direction to invest in the funds, 344; and see Court, supra. 2. where expressly authorized, trustees may retain existing mortgages, if sufficient, 346 ; and see 329. trustees may sell out stock, and invest on mortgage, 344, 34G. should not do so for mere ac- commodation as to secure equal amount of stock and interim dividends, 344. secus, where security for equal amount and interim inter- est, ib. 3. what property it authorizes, not loans on railway mortgages, 345. nor on leaseholds for lives, -n-ith policy, 349 ; (secus as to lease- holds renewable for ever, ib.) nor personal security with judg- ment entered up, 350. qu. as to leaseholds for years, 349 ; reversion, equity of re- demption, joint mortgage, 350. when it authorizes road bonds and mortgages of tolls, 346. when mortgage of real security in Ireland under 4 & 5 W. 4, c. 29, 347. purchase, 349 ; and see 421. 4. generally, trust, how kept out of sight on mortgages and transfers, 346, 347. IRREVOCABLE trusts, 481, et seq. See 101, Debts. IRELAND. See Jurisdiction. lands in, within Lord St. Leonards' Trustee Act, 835, note {s). as to Trustee Act, 1850 ; see s. 55, 901, note (c). partition of lands in, not decreed here, 50. semble, unaffected by Thellusson Act, 120. " ISSUE." See Executory trusts. construed in articles, where to mean _ first and other sons, 147. distinguished from heirs of the body, 155. Includes daughters as well as sons, 149, 156. Purchase, a word of, not of limitation, 156. JOINT, Account, payment to, 330 ; money belonging on, 347. Contract, effect of disclaimer as to 237. Co-trustees, their joint and several liability for breach of trust, 767, 772. exercise joint office, 298. See Co- executor, Co-trustee. JOINT TENANT. See Copyholds, (Fines). Devise to two as joint tenants, where one an alien, 39 ; and comp. 73. Forfeiture by one joint tenant, of chattels, 260. Renewal of lease by, 218. JOINT TENANCY, Construed in articles, tenancy in common, 152. secus in executory trusts in wills, 163. except where testator provides for children or puts himself in loco parentis, 164. Implied, in equity, where purchase by several contributes equally, 201. secus where contribution unequal, 202. not implied in advance on mort- gage, 201, or in partnership, 202. whether implied at law by grant to two and survivor and heirs of survivor, 251; whether on a devise, 252. Minors between, whether it can be severed, 152. JOINTURE, power to charge not authorized in executory trusts by " usual pow- ers," 165. JUDGMENT. See Bond, Decree. Charging order of stock, shares, t&c, underl&2Vict.c. 110, s. 14, 670. 3 & 4 Viet. c. 82, s. 1, 670, note (Z). by whom and when made, 670, 671. its effect, 671. Effect of, in equity. as to trusts by fi. fa., 648, 662. by levari facias, 649. INDEX. 777 JUDGMENT, contiimed. by elegit, G49, et seq. (a) cases in which judgment cre- ditor has remedy in equity, after death of conusor, 663. for redemption of mortgage, 6 jO. for removing legal impediment, 650, 658. against equitable interest, 650, 651, 652, 658, note {v) ; whether as against assignee of owner of equitable inter- est, 653. money to be laid out in land, 796. whether against laud subject to ti'ust for conversion, 653. vendor's interest after contract for sale, 654. surplus proceeds under trust for sale, or power of sale in mortgage, 656; see (lo't. under 1 & 2 Vict. c. 110, 656, (Hod. against mortgagee, 657, note (0- [b) how equity facilitates by sale, 658 ; see notes {v) and {to), 663, 664. {(■) how much of estate taken in execution, formerly moiety of trust, 658, 659; see note {t/). entirety of equity of redemp- tion, 660. trust by way of mortgage, c[u., 661. now entirety under 1 & 2 Vict, c. 110, s. 11, 666. (c?) when elegit, &c., must be sued out, 662 ; and see note (<). Effect of, at law, at common law, 646 ; under Statute of Westminster, 647. execution at law of trust estate, under Statute of Frauds, 664 ; under 1 & 2 Vict. c. 110, s. 11, 666,669. Insolvent, entered up against, 29. Late statutes, relating to, 1 & 2 Vict. c. 110, 666. 2 & 3 Vict. c. 11, 668. 3 & 4 Vict. c. 82, 669, 670, note {I). 18 & 19 Vict. c. 15, 669; see 657, note {t). Register county, priority of judg- ments as to lands in, 672. Registration and re-registration of, 668, and note (c). old law applicable, as to purcha- sers without notice of registered May, 1858.— 50 judgment, 668. purchaser, &c., not bound by un- registered judgment, 669. Searches for, 668. Tacking, 660 ; see note (5), and 662. Trustee's estate, judgments bind, 279. but c. q. t. will be protected, ib. JUDGMENT CREDITOR, Postponed to prior equitable mort- gagee, 280, and note (i/). Purchaser for value, judgment cre- ditor is not, ib. Taking trustee's legal estate in exe- cution bound by trust, 261, 280. JURISDICTION. See Abroad, Ame- rica, Bemerara, Ireland, West In- dies, Scotland, Sicily, Trustee Acts. equity can enforce trust of personal property out of, if parties with- in, 47. equities of lands out of, if parties \vithin, and if no obstacle to execution of decree, 47 ; not if such obstacle exist, 49. case where lex loci does not permit equitable estate, nor limitations of legal estate, 53. trustee on voyage to India not out of, under Lord St. Leonards' Trus- tee Act, 838, note (e). JUROR, c. q. t. of lands, when qualified to be, 592. JUS DISPONENDI, of c. q. t, 21, 595, et seq. JUS HABENDI, of c. q. t., 21, 585, et seq. KENT, custom of. See Infant. KING. See Crown. KNIGHT OF A SHIRE. See Mem- ber of Parliament. LACHES. See Acquiescence. Bar from, to relief in equity, 373, 741, et seq. See Limitation. account restricted to filing of bill, 756, note, constructive trust to, 224. impeaching fraud of executor to, 459. resulting trust to, 207. setting aside trustee's purchase, 470. Not imputable to persons in distress, 471 ; and see 737. or in ignorance, 471. to remainderman of renewable leaseholds during life of tenant for life, 402. 778 LEWIN ON THE LAW OF TRUSTS, ETC. LACHES, continued. Trustee of, in enforcing covenant, 765 ; investing trust property, 764 ; insuring, 764. shall not prejudice c. q. t., effect of the rule, 719, et seq. LAND. See Residiing trust. converted to be taken as money. See Conversion. Dischai-ged from trust where money has been raised, 428. Tortiously sold by trustee, c. q. t. may require purchase of other lands of equal value, 763. or may take proceeds of sale with interest, 764. or present estimated value of lands sold, allowing for improvements, ib. Trust money tortiously invested in, by trustee, may be followed, 206, 762, 763; but see 757. •'LANDS," devise of will pass money to be laid out on land, 796. LAND-TAX, of lunatic's estate, redeemable by sale of timber fit to be cut, 826. LAPSE, of time. See Laches, Time. LAPSED LEGACY, out of real estate. See Legacy. LAWFUL TRUSTS, 22, c. vi. s. 1, p. 103. See Unlawful trusts. LEASE. See Charities. Leasing, power of. Covenants, indemnity against, exe- cutor of lessee entitled to, 426 ; unless he has assented to be- quest, ib. trustee for sale cannot insist on where settlor is an assignee, 426 ; and see 223. what inserted, when lease granted by devisees, or to executors, 425, note [k). Duration of building, 510. of husbandry, 508, et seq. Trustees, their power to grant gene- rally, 522. not to or for benefit of themselves, 462, 505. for sale cannot grant, 416. LEASEHOLDS. See Renewable Leaseholds, Renewals. Converted, they should be when be- queathed in succession, 808. unless contrary intention can be collected, 809, et seq. Power to purchase, 349. Security, when authorized as, 349. LEASING, POWER OF, Effect of in determining legal estate taken by trustee, 259 ; see 257. as to effect of trust for leasing, see 256. "Usual power," is a, 164; so of granting building or mining leases where property requires, ib.; but see 165. where inserted under executory trust, silent as to powers, 164. LEGACY. See Legatees, Residuar;/ Legatee. Devised real estate out of, and which lapses or is void, sinks for bene- fit of devisee, if by way of charge, 179, 189, 193. if bv wav of exception, results to heir, 193. unless subject to residuary devise under 1 Vict. c. 26, s. 25, 195. whether it can be passed under gift of residuary personal es- tate, 196, 197. Executor may appropriate, 517 ; his assent to, 243, 426, 454 ; he may claim though he renounce pro- bate, 234; in East Indies to, for trouble, may be disclaimed and commission taken instead, 547. Heir to, will not necessarily rebut resulting trust, 181. Limitation, Stat, of, when legacy is barred by, 744, note {x). Sale of estate, charged with legacy not yet payable, 430. LEGAL CHARGE. See Charge, Purchaser. trust distinguished from, 18 ; and see 282. LEGAL ESTATE, Assign it, trustee may, 262 ; but as- signee bound by trust, unless pur- chaser without notice, 279. Bankruptcy of trustee, how it is af- fected by, 273, and see 287. assignees, if they take trust estate, are bound by trust, 280. Burdens annexed to legal estate in trustee. See Privileges, &c., inf. Chattels, devolution of, to adminis- trator or executor of trustee, 260: subject to trust, 279 ; and see Ex- ecution, Executor, Probate (Pre- rogative). Curtesy, is subject to, in trustee, 260 ; but tenant by, bound by trust, 279. Devise it, trustee may, or bequeath it, 262. when it passes under general INDEX. 779 LEGAL ESTATE, continued. devise, 262, et seq. See De- vise. when trustee should devise trust estate, 265. whether devisee can execute the trusts, 268 ; as to leaseholds, see 267. Disseisor of trustee is not bound by the trust, 287. Dower is subject to, in trustee, 260, but dowress, bound by trust, 279. Equitable, compared with, 44, 103. Escheat, estate in trustee formerly subject to, secus now, 260. whether lord taking by, bound by the trust, 280, et seq. as to copyholds and customary freeholds, see 283, 284. _ as to equity of redemption, see 284. Forfeiture, estate in trustee formerly subject to, secus now, 260 ; see 286. but the lord was liable to the trust, 280. Heir, devolution of trust estate to, 260 ; bound by trust, 279. Insolvency of trustee, how it is af- fected by, 278. See Bankruptcij, sup. Judgments against mortgagee, against trustee bind trust estate, but c. q. t. protected, 278, 279; and see 280. Outlawry of trustee, its effect, 287. Privileges, &c., annexed to legal es- tate in trustee, 268, et seq. e. g. he brings actions, 269 ; see 590, 591, proves in bankrupt- cy, presents to living, appoints steward, 269 ; pays admis- sions for copyholds, 272 ; liable to rates, 271; trading as trustee is amenable to bankrupt laws, 272 ; title deeds as to, 592. whether entitled to vote for coro- ner, 269 ; see 592 ; not for member of parliament, 271. Settlor, becoming re-vested in, will not defeat trust, 99. Trustee in, c. xi. p. 246. See 512, 590, Privileges, &c., sup. Uses, Stat, of, inf. (1) commensurate with trust if possible, 249 ; see 252. legal estate, enlarged, 250 ; sup- plied in toto, e. g. by nature of trust for feme covert; by appointment of '' trustee," " trustee of inheritance,"' by devise to A. as trustee, and nomination by codicil of B. " as trustee" in place of A., 250. (2) legal estate curtailed, from nature of trust, 252. limitation in fee to trustees to preserve when cut down, 253. fee where trustees take with- out "heirs," 251, et seq. where given to trustees on par- tial trust, remaining interest executed by Stat, of f ses. 253, et seq. ; see 252, 257, and Uses, Statute of, inf. exceptions, e. g. where trusts for separate use intervene. 255, 256 ; trust for leasing, to raise money by sale, 256 : discretionary powers in trus- tees, 257 ; secus, if such pow- ers do not affect fee, 258. late Wills Act, its effect on de- vises to trustees, 259. Uses, Statute of, when legal estate executed by, in c. q. t., 246 : partially, 252, 253. special trusts are not within, 247. e. g. under trust to " apply rents," " convey" estate, 247. see 252 ; " hold for separate use," 247, see 255 ; " pay rents," 247; see 252; "pre- serve contingent remainders," " raise money," " sell," 247 — trustee takes legal estate, secus where trust under deed " for A. &c., for her separate use," 247 ; to permit A. to receive, 248, see 252 : copy- holds " to be transferred," 248 ; or mere charge of debts. 248, see 251. whether under trust " to pay unto, or permit to receive." 249. LEGAL POWERS, distinguished from equitable. 525. LEGAL TITLE, relief upon in court of equity : see 752, note (1). LEGATEE. See Leffacj/. Accounts may require inspection of. but no copy, 599. Fraudulent sale of assets by, execu- tor may impeach, 459. Payment, may claim, when exclu- sively interested in legacy, 597 ; legacy to purchase annuity, ib. Trust cannot be averred against. 59. 780 LEW IN ON THE LAW OF TRUSTS, ETC. LESSEE, not prejudiced where purchase by trustee for sale set aside, 467. LETTER, may prove declaration of trust, 63. how far parol evidence may be ad- mitted to writer of, 64. LETTERS PATENT, necessary for declaration of a use by crown, 59 ; see 24. LEVARI FACIAS. See Judgment. execution under, as to equitable es- tates, 649. legal estates, 646. writ of, from the crown, 646, note (1). LEX LOCI. See Jurisdiction. descent of trust is subject to, 680 ; see 681. LIABILITY. See Corporation, Co- trustees, Executor, Investment. c. q. t. of, who has concurred in breach of trust, 771 ; see 353, 392, ^&S, 846 ; for trustees' expenses, 562 ; see 873. Ferae covert, separate property of, 633, et seq., 639, 640, 642. See Feme Covert. Husband of, for wife's l)reach of trust, 34; see 261. Solicitor, of, for wilfully advising or concurring in breach of trust, 763, note {d). Trustee, of, for breach of trust; see Breach of trust ; for destruction of contingent remainders, 406, 409 ; 410 ; for improper sale, 415 ; for misrepresentation, 604, 847 ; for parting with fund after notice of incumbrance, 605 ; and see Con- veyance. LIFE. See Tenant for JAfe. LIEN. See Mortgage (Equitable). c. q. t., of, on property into which trust estate is tortiously con- verted, 756, et seq., 759, 763. not against land properly sold for misapplication of proceeds, 428. Creditor having specific lien, as to proof of debt by, 485. whether he releases by executing trust deed for payment of debts, 486. Joint tenant, of, for improvements, 202. Judgment ci-editor, of, 689, 691. Purchaser with notice of lien, bound by, 725. Tenant for life of, who renews for contribution from remainderman, 398, 400. Trustee, for expenses, 560. who has renewed for improve- ments, 222, see 224; renewal, 222. on policy for money advanced for premiums, 764. persons employed by trustees have no lien upon trust fund, not- withstanding charges of expen- ses, 101,561 ; and see Solicitor. LIMITATION, Generally, how far, chattels capable of, at law, by will, 104 ; as to deed, ib. by way of trust, 104. words of, how far required to create equitable fee under a will or deed, 141. Of suits in Equity. See Mesne Rents and Profits, Statutes of inf. [a) by analogy to statutes, 731, et seq. twenty years an equitable bar by analogy to statute of James, 733. _ when time ran as against re- mainderman of equity of re- demption, 733. five years in case of fine by vol- unteer without notice of con- structive trust, 733. notwithstanding distress, igno- rance, mistake, poverty, 733, note (z) ; see 737. secus in case of concealed fraud, 734, note (6) ; and see 743, 754, note, and 756, note, how defendants should plead sta- tute, 734 ; and in case of fraud, 735. (6) from inconvenience, 739, etseq. ; as to charities, 787, et seq. when parties dead, and vouchers, &c., lost, 739; see 741. whether mere lapse of time a bar, 739, 741, 742. (c) from laches in application to court, 741, et seq. where alleged fraud, 460, 742 ; accounts between partners, 742. purchase by trustee, or of rever- sion, 470, 741, 742, 776 ; spe- cific performance, 742. where there is a Statute of Limi- tation, 742, 743. {d) from presumption, 735, et seq. ; as to charities, 786 ; corpora- tion, 790. when raised, 735 ; ground of, 736 ; favoured in law, ib. raised within twenty years where aidedby evidence, 736; see 224. I X D E X. iSl LIMITATIOX, continued. secus whei-e rebutted by evidence, 736 ; see 224. waiver and acquiescence distin- guished, 737. not raised in case of ignorance, 737 ; weakened by distress, ib. not raised against a class as a- gaiust individuals, 471, 738, 777. defendant cannot avail himself of by demurrer, 738. Sfaiuteof. Generally, apply as between c. q. t. or trus- tee and stranger, 719, 720. claiming by adverse possession, 288, 720, 747 ; see 735, note purchaser with notice, 725 ; and see 722, 745 (as to volunteer claiming under trustee, see inf.) even where c. q. t. is an infant, 720 ; and see 744. do not apply as between c. q. t. and trustee in direct or ex- press trusts, 719, 729, 745; see 748, 752 note (1), 7G3, and volunteers claiming under trustee, 745; and see 279, 724. _ secus in constructive trusts, 729; see 733, 74G. charities, whether they apply to, 786 ; and see 749. debts, how far applicable to trusts, for payment of, 484, 485, 747. to charges for payment of debts, 746. debts, whether executor liable for paying debts barred by, 520. pleaded, how they should be, 734, 735 ; as to rents and profits, 751, 754, note. Late statute of, 743 et seq. ; its ef- fect as to, Acquiescence, 743. Arrears of rent &c., six years, 744 ; as to pleading statute, see 751, 754, note. but in case of express trust c. q. t. may recover all, 748, 752, note (1). or where subsisting term under which trustee may recover possession, 748, 749. as to case of express trustee ignorant of his true charac- ter, see 751. Charities, whether within the Act, 749, 750, 786. Charge, 744, 74G. coupled with duty, 746; and see 747. Constructive trusts, not saved bv section, 25, 746. Disabilities, 744. Disseisor, 747 ; see 288. Dower, arrears of, 755, note. Express Trusts, what are within the Act, 743, 745 et seq. ; and see 748. Fraud, 743, distinguished from mere charge, 746 ; and see 747. Interest, arrears of, 744, 748. Lands, 743, et seq. Legacy, 744. Possession, effect of, 744 ; by one of several cs. q. t., 748. adverse, 747. Purchaser, as against, 743, 745. under marriage settlement, 745. Remainderman, 745 ; see 722, and compare, 733. Rents, see Arrears of, sup. Residue or share of, 744, note [x). Volunteer claiming under trustee, 745. LIS PENDENS, effect of upon powers, 523, 544, 581. See Decree, Suit. trustee appointed during, should be sanctioned by court, 544, 582. may during lis pendens solicit dis- charge by petition or motion, 583. LOANS, trust for, 502. LONG ANNUITIES, 340, 352, 353. where to be converted, 808. when to be enjoyed in specie, 809, LORD OF MANOR. See Escheat. infant may give effect to custom. 36. LORD CHANCELLOR. See Chan- cellor, LOST, where part of trust estate is, how court makes appointment of new trustees, 244. LOTS, whether trustee for sale may sell in. 423. LUNATIC. See Chancellor, Com- mittee, Trustee Acts. Conversion of his estate made for his own benefit, 825, 826 ; other- wise not ; see 828. real estate sold for payment of deb's, 826. timber cut on estate ex parte L 782 LEW IN ON THE LAW OF TRUSTS, ETC. LUNATIC, continued. paternt, applied to relief of es- tate ex parte maternR, 826. proceeds of, applied to pay debts, redeem land tax, 827. not required, go to next of kin, 827. so when felled tortiously by stranger, 828, 829. should not be purchased for re- pairs, &c., (to serve committee's interest), where it might be cut, 828. personalty applied to bring action of trespass ; to relieve charge on realty ; for improvements ; necessary expenses, e. g. re- pairs ; renewal or admission fines, 827, 828. as to building farm-house, see 827, note (x). Conversion not suffered but where clearly for lunatic's benefit, 828. Deed of void, 27 ; feoffment voidable by heir, ib. Disability, how remedied where mortgagee, trustee, &c., 832, 895 note {m) ; and see TrusteCy inf. Elect, cannot, 816. Fine or recovery by, valid unless reversed, 27. Heir of founder of charity lunatic, visitatorial power exercised by crown, 495. Trust declared by, court may set it aside, 27. but would not interfere against purchaser without notice, ib. Trustee, disability of; see Trustee Acts, and 16 & 17 Vict. c. 70; Lunacy Regulation Act, 1853, s. 137, et seq. Trustee Relief Act, repayment order- ed to guardians out of lunatic's funds of expenses incurred for his support, 375, note (g), see p. 376. MAINTENANCE, Assignees in bankruptcy, &c., take under trust for maintenance, &c., of bankrupt, &c., 133, 134; see 598. Discretion of trustees, fund applica ble at, 542. Infant may be allowed to by execu tor out of interest of legacy, 517 in what cases out of capital, 517 Power of, whether authorized by executory trust silent as to powers 164, note (x). Reference to ascertain whether pro per, 697. Trust, for a special trust, 247. MAJORITY, of cs. q. t. cannot consent to trus- tee's relinquishment, 565. of co-trustees, 298. See Co-trustees. Transfer directed at their instance under Trustee Relief Amendment Act, 381. of creditors, whether they can sanc- tion purchase by trustee, 464. MANDAMUS, to compel admission of trustee to copvholds, 324. MANAGEMENT. See Powers ( Gene- ral). MARRIAGE, ^gq Feme Covert, Feme Sole, Husband. of eldest son justifies destruction of contingent remainders, 409. a valuable consideration, 745 ; to whom it extends, 406. MARRIAGE ARTICLES, construction of executory trusts in. See Executori/ trusts. MARRIED WOMAN. See Feme Co- vert. MASTER, of school trust for finding, 501 ; and see as to salarv, 502. MEETINGHOUSE, 497, 498. MEMBER OF PARLIAMENT, trustee cannot now vote for, 270 ; but c. q. t. mav, ib., and 593. MEMORANDUM. See Writing. may prove declaration of trust, 63. MERGER, takes place where legal and equitable estates meet, if commensurate, 16, et. seq. MERITORIOUS CONSIDERA- TION. See Consideration. MESNE RENTS AND PROFITS, Account of on equitable title, see 752, Note 1, Part I., at commence- ment, 752 ; Part II., 755. Charitable trusts in, extent of, 786, et seq. ; and see 789, for limits adopted, compromise with attorney-gene- ral, 789. how affected by inconvenience, 787, et seq.; by mistake of trus- tee, 790 ; in case of parish, 791. Constructive trusts in, 224, 750, et seq.; see 752, note (1). prima facie from time when rents intercepted, 751, note [y); and 756, note, exception 1, if statute pleaded, only for six years, 751. I N D E X. 783 MESNE RENTS AND PROFITS, contirmcd. 2, where defendant has no no- tice of plaintiff's title, only from filing of bill, 751, though plaintiff an infant (see 554, 555, notes), or defendant, (in fact) express trustee, 751. 3, where plaintiff guilty of laches only from filing of bill, 751. or from decree in great laches, 752. Express trusts in, from time when rents were withdrawn, 752, note 1, 748. secus where trustee ignorant of his true character, 751 ; and see Charitable trusts, sup. Form of order to account, 752. Person to account in first instance, assignee but without interest, 752. if assignee insolvent, trustee per- sonally liable, 752. Purchase by trustee for sale on, 466. Relief bill for, followed by bill for account, 752. Renewal of lease by trustee, &c., on, 224. (a) on legal title where account independent of other relief, cannot be had in equity except where account complicated, plaintiff infant, or in case of mines or tithes, 753, note ; qu. after death of person an account of assets, ib. ; qu. timber, ib. ; if had in equity, is confined to legal limit, 754, note, where former legal remedy has expired equity will not assist, 754, note ; except where de- fendant at fault, 755, note ; or fraud or mistake, 754, note. {h) on legal title where account is incident to other relief, cannot be had in equity, 755, note; unless plaintiff dowress or infant, ib.; or where plain- tiff applies to equity to aid action at law, he may come back for account, ib. ; or be- ing obliged to come to equity on one ground and to avoid circuity, ib. if had in equity, is confined to legal limit, 756, note, unless where defendant guilty of concealment, fraud, or mis- representation, ib. but if plaintifit' guilty of lache? confined to filing of bill, ib. MILL. Suit to, 505. MINES, account of profits of, may be sought on legal title in equity, 753, note. MINING LEASE. See 504, Leasing, potoer of. MINISTER. See Chapel. MINISTERIAL, or instrumental trusts, 21. MISCONDUCT of trustee ground for appointment of receiver, 870,871- fixing him with costs ; see Costs. for his removal, 711. MISREPRESENTATIONS. See Fratid. Liability of trustee for making frau- dulent, 847 ; to purchaser of equi- table interest, 604 ; making as to accounts, &c., 877. Defendant by, where plaintiff kept out of estate by, account of rents from accruer of title, 756, note. MISTAKE, Grantee does not take beneficially, where mistake of grantor, 178. Ground, for refusing accounts of mesne rents, &c., against trus- tees for charities, 790. for seeking account of rents in equity upon legal title, 754, note. Presumption of release, mistake re- buts, 737. Settlement rectified where mistake. 148, note {h). Statutory bar, mistake does not pre- vent from running in equity, 733 ; but see note (z). Trustee by mistake as to rights oi parties is at his own expense, 365. investing in bank stock instead of bank annuities, 342. person assuming office of, by mis- take, accountable as trustee, 244, 765. MIXTURE OF TRUST AND POWER, 22. distinguished from trust to which power is annexed, ib., and see 526. MONEY, See BesuUing trust. At home, 800, 804; see 823. Bills and notes, distinction between and money, 758. Deposited, may be in bank to trust account, 296. Distributed, how it may be to cre- ditors by assignees, 294 ; and see Distribution. 784 LEW IN ON THE LAAV OF TRUSTS, ETC. MONEY, continued. ' Earmarked, when, Y57, 758 ; see 275. Followed in equity, where, 757, et seq. ; mixed with trustees' money, 759 ; paid into bank to account of trustee, 760 ; into land even by parol, 206, 762. Land, money to be laid out in, treated as land. See Conver- sion^ c. q. t. may elect to take as money, 598 ; see Election. results on failure of purpose to executor for next of kin, 187. Transmitted, may be through a bank, &c., 295. Trust to raise, is a special trust, 247, and see Legal Estate. MORTGAGE. See Demerara, Equity of Redemption, Mortgagee, Mort- gagor, Renewable Leaseholds. Assets, may be left outstanding on, by executor, 329. Conversion of, into 31. per cent, whe- ther required where successive estates, 354. Costs, dower trustee of mortgagor not entitled to, against mortgagee, 872. Devise mortgage in fee passes under " Securities '' for money, 264. Executor or administrator may, make of personal estate, 453. M'ith power of sale, 454. Equitable, as to lands in Scotland, 48. overrides subsequent judgment, 280, note {;/). Infant's realty of, whether relieved by his personalty, 830. Investment on. See Livestment (real securities), in case of ac- cumulations from charity es- tate, 504, 505. as to value of security, &c. See 345, 349, 350, 351, 358. whether trustees can release part of security, 521. trust how kept out of sight on, or on transfer, 346, 347. Judgment creditor, may redeem, 650 ; as to tacking, 660. his right against entirety of equity of redemption, 660, 661. against surplus proceeds under power of sale in, 656. Limitation, Statute of, where equity of redemption barred by time, 733. Lunatic's realty, relieved, of by his personalty, 827. Paid off, the heir of mortgagee is trustee for mortgagor who may present petition for re-conveyance, 836, note [x). Power of sale in, who are assigns within meaning of, 420, 529. 530. mortgagee may exercise without mortgagor's concurrence, 427. exercising covenants against his own acts only, 425. mortgagor whether, he can re- strain sale under, 422. surplus under is real or personal estate of mortgagor according as sale takes place before or after his death, 808. survives, 419. Reconvey, by what description mort- gagee should, 595. See Paid Off, sup. Suit for foreclosure or redemption necessary parties to, 842, 855, 856. Tacking. See 660, 662. _ Tenancy in common, implied in equity, on joint advance on, 201 : see 202. Trust to, will not authorize sale, 417; survives, 419. to sell whether it authorizes mort- gage, 416. whether included in the word " trust," under Lord St. Leon- ard's Trustee xVct, 836, note (x) ; see 882. Trustees. See Assets, Investment, sup. MORTGAGEE. See Equity of Re- demption, Mortgage, Mortgagor. Agent, &c., he may employ, 556. Charge, whether he may buy in for his own benefit, 319, note (s). he cannot, for insurance in absence of stipulation, 516. Disability of. See Trustee Acts. Equity of Redemption, in fee, he takes (subject to mortgagor's debts), where mortgagor dies in- testate without heirs, 322, 679. Fee in, heir of, trustee for mortga- gor, after mortgage paid off, 836, note [x). he and his heirs, trustee for him- self and his executors, 17, and see 799. so where foreclosure, or release after his death, 18, and see note (1). infant, &c,, 835. See Tnisicc Acts. I N D E X. 785 MORTGAGEE, contlmted. Judgments against, 657, note {f). Proof by, in administration suit, bankruptcy or trust for creditors, 485. Purchase, he may from mortgagor, 465. Renewal of lease by, 218 ; see 221. Sale by. See Mortgage (Power of sale). Trustee, how far a mortgagee is to be so considered, 318, 516. MORTGAGOR, Fee in dying without heirs and intes- tate, 322, 679. heir of, may require exoneration out of personalty, 799 ; but see Mortgage (Power of Sale), and 17 & 18 Vict. c. 113. Notice with, of trust, should see to application of trust money, 365. Trustee for sale, under Lord St. Leonards' Trustee Act, where equitable mortgagee has obtained decree for sale, 83G, note {x), 837, note ( /'). MORTMAIN, Accumulations from charity estate, whether they may be invested (1) in purchase of land, 504, (2) on mortgage, 504, 505. See Charity Co mm iss ioners. Charity trusts, of realty for, what formalities required for creating, 132. Defendant bound to answer whether legal estate devised to him on se- cret trust for, 71, 73. Devise upon trust to sell and pay part of proceeds to charity, how far avoided by, 182, note (t). upon secret trusts for, whether void at law, or only in equity, 78 et seq. Legacy to charity, charged on realty, 192 et seq. ; see 195, note (x). MURDER. See Attainder. NATURALIZATION, act of, see 39, and note. NEGLECT, of trustee, as to calling in estate, 328 ; costs of trustees in case of, 876 ; investment, 337 ; legal pro- ceedings, cause of, 558 ; to pay premiums, enforce transfer, 764 ; see 766. NEPHEW, advancement for presumed, 216. covenant to stand seised extends to, 96. NEW TRUST, created without intervention of new trustees, 91. NEW TRUSTEES, Court of Chancery, appointment by. See Trustee Act, s. 32 ; Trustee Extension Act, s. 9. application for, under Lord St. Leo- nards' Trustee Act, 713, 834, et seq. under Trustee Act, 714 ; see Trus- tee Act, ss. 32, 37, 43, App. under Bankruptcy Act, 714,et seq. in case of charitable trusts, 716, 718, and note [h). charity corporation, 716, 717. appointed by court, cannot exercise arbitrary powers, &c., 712 ; but as to receipts, see 450. court will not give to, power of appointing other trustees, 713 ; and see Trustee Act, s. 33. how satisfied as to fitness of pro- posed, 712, 715, 895, note [p) ; and see 583. appointment of by court, c. xxv., s. 1, p. 710. where no trustee, or not proper number, &c., 710. on bankruptcy, &c., death, mar- riage (of feme trustee), miscon- duct, opinions (of charity trus- tees), refusal to act, residence abroad, &c., 710, 711, and note (^)' . ,., where power to appomt which cannot be exercised, 713. not from mere caprice of c. q. t., or misunderstanding of duty by trustee, 712, c. q. t. in remainder may apply for, 710. Generally, breach of trust trustee should not retire in favour of one who in- tends to commit, 580. charity where endowment does not provide for appointment, 408. costs of appointment payable out of corpus, 582 ; and see Trus- tee Act, 1850, s. 51. if no fund, then often paid by tenant for life, ib. ; and see 584. case of trustee removed for mis- conduct, 711. directory power to appoint when trustees reduced to given num- ber, 527, 580. impartial, exercise of power should be, 574. 786 LEWIN ON THE LAW OF TRUSTS, ETC. NEW TRUSTEES, continued. ineffectual attempts to exercise, powers of old trustees remain, 581 ; and see 570. legal estate transferred without conveyance on appointment by courtoftrustees for charity, 717; and see Vesting Order. lis pendens, after decree trustees should not exercise power with- out sanction of court, 544, 581 ; see 582. lost, when part of trust estate is, how court appoints, 244. powers, what exercisable by trus- tee appointed under power, 533; appointed by court ; see Court, sup. severance of estate from powers, 535 ; of trusteeship relating to several estates, whether proper, 579, tenant for life who has sold or mortgaged his estate, whether he can exercise, 580. Number to be appointed ; see 40, 41. court does not limit itself to original number, 575 ; see 895, note [p). two trustees retiring, appointment of single successor improper, 574. one of two retiring, appointment of co-trustee sole trustee improper, 577. appointment of one in place of several improper, 577. cases in which such appointment has been supported, ib. single trustee retiring should not appoint two successors, 574 ; unless authorized, 575, 576. Persons proper for ofSce. See T^-us- tee (who may be), should be within jurisdiction, 40, 576, 577 ; see 574, 710. 0. q. t. or near relative undesirable, 40, 579 ; c. q. t. sometimes ap- pointed by court, 579. fitness of, how shown, 712, 715, 895, note [p). Power to appoint, usual form of and suggested additions, 5G6. («) Construction of, "acting," 571, 578, and see 415, 449, 612 ; " incapable to act," does not extend to bankrupt- cy, and qu. whether to resi- dence abroad, 574 ; " refusing or declining," includes " dis- claiming," 571; or retiring after having acted, 572 ; " re- fusing or declining or other," 578; " survivor," 570; "un- fit," extends to bankruptcy and semble to residence abroad, 574; and see 710, 711. trustee surviving testator may appoint new trustee in place of one who predeceased testa- tor, 572. power for tenant for life with consent of " surviving, con- tinuing, or acting trustee "' to appoint, how construed, 573. (6) Mode of appointing under, where power to surviving or con- tinuing trustees or trustee, and both, or the survivor, are to retire, two appointments usual, 578. secus, where power to surviving continuing or other trustee, 578. mode of vesting trust estate in new trustees, 568. as to money in funds, «fcc., 568; see App. IV. chattels real, &c., 568 ; see App. V. freeholds, 568, 569 ; see App. VI., VII., VIII. whether necessary to complete appointment, 567, 568. ((•) Trustee should see that power contemplates precise case, 570, 581. NEXT OF KIN, c. q. t. dying intestate without leav- ing, 198. Construed "nearest of kin," 707. Entitled to undisposed interest of money to be laid out on land, 187. See Resulting trusts. but not to undisposed proceeds of sale of land. See Residuary Legatee, 183, 197. NOTES, may be followed in equity, 757, 758. See Bank Notes. NOTICE. See Purchaser, Volunteer, Assignee of equitable interest by, 604 ; its effect, 92 ; see 280, note (y). How given to trustees, 605 ; and see 611, 612. to one of several trustees good during his life, 609. not after his death, 610. to all trustees and all dying, 611. timeof giving, 612 ; and to whom (written or unwritten) it should be given, 612 ; and what it should state, 613. INDEX. 787 NOTICE, continued. where trust fund consists of share in company, 612. fund in court, 613, 614. See Stop Order. Priority of charge from priority of notice, 605. as against assignees in bankruptcy in case of choses in action, 607. whether doctrine applies to real estate, 605, 606. whether second incumbrancer giv- ing notice, but without making inquiries, preferred, 608. want of, whether an objection to title, 612. Purchaser, with or without. See Purchaser. to one purchasing from executor, that debts are not paid, 357. Recitals presumed from, 224. Solicitor, implied notice by employ- ing, 358. Trustee of equitable interest should give to holder of legal estate, 327. to, of paramount title, 325. Voluntary assignment of equitable interest, whether it requires notice, 92, 280, note (?/). Will of, notice of its contents, 454, see 457. NUMBER OF TRUSTEES, 710. See Co-trustees, Keiv trustees. _ only four allowed of bank annuities, except in special cases, 41. what is proper, 40 ; and see 574, et seq., 577. NUMEROUS, cs. q. t., when some may sue or de- fend for all, 851, 852. OFFICE, of trustee, its general properties, c. XII., p. 289. OPERATION OF LAW, Trusts by, distinguished _ from im- plied and constructive trusts, 140, note (1). how affected by Statute of Frauds, 228. constructive trusts ; see Construc- tive trusts. intention from, expressed or pre- sumed, that grantee or_ devisee should not take beneficial inter- est, c. VIII. s. 1, p. 176 ; and see Resulting trust. purchases in names of third per- sons upon, c. VIII. s. 2, p. 199 ; and see Residting trust. OPINION. See Counsel. Charity commissioners of, its indem- nity, 785. trustees of chapel holding, contrary to those of founder, 497, 499, 711. OPTION, to purchase whether exercise of ef- fects retrospective conversion, 808, and see note {p). ORDER AND DISPOSITION, 277. See 594 " ORDERING AND DIRECTING," may raise a trust, 168. ORPHANAGE SHARE, money to be laid out on land in fa- vour of child formerly not brought into hotchpot, 797 ; see note (w). OURLAWRY, 28. See Forfeiture; of trustee, 287. OVEY-PAYMENT, by trustee, 373 ; and see 376, note {t). OVERSEERS AND CHURCHWAR- DENS, how they hold property by parlia- mentary succession under 59 Geo. 3, c. 12, s. 17, 106. not as corporation having common seal, 106. Act extends to freeholds and chat- tels real, 106. if held on trust exclusively paro- chial, 107; not otherwise, 106. not to copyholds, 106 ; nor to land vested in existing trustees, 106. PAPISTRY ACTS. See 137. purchase in contravention of, does not raise resulting trust, 203. PARAMOUNT, title to trusts, notice of to trustee, 325. PARCELS, by what description trustee should convey, 595. whether trustee can be required to divest himself of trust estate in, ib. PARENT, cannot urge meritorious considera- tion against child, 95, note (/). PARISHIONERS, Acquiescence, whether bound by, 777. Advowson trust of, enforced for by bill, not information, 107, and see note {y). Breach of trust by, retrospective ac- count not ordered upon, 791. _ Clerk, election of, prima facie in trustees, 107 ; when in parish- ioners, 108. LEWIN ON THE LAW OF TRUSTS, ETC. PARISHIONERS, continued. meaning of " parishioners and in- habitants," 108; of " chiefest and discreetest," ib. ; of " rate- payers," 109. Yestry not usually the representa- tive of a parish for an election, 109. votes, whether women, children, and servants entitled to, 108. PARLIAMENT. See Index of Sta- tutes; Member of Parliament. Act of, necessary for total alteration of scheme of charity, 499. Resulting trust not implied in eva- sion of, 203. PAROL EVIDENCE. See Aver- meid. Acceptance of trust, admissible on question of, 243. Advancement, how far it may prove or rebut presumption of, 214, 215. Crown not admitted to prove decla- ration of trust by, 24. See Pen- sion. Disclaimer, whether it may be by, 236. See 234, 235. Election, whether it is sufficient to express, 824. Executors, how far admitted against title of executors to residue, 59. See Executor. Investment of trust money on land, admissible to prove, 206, 762. Purchase with another's money, ad- missible to prove, 204. how far on purchase by agents, ib. Resulting trustnot rebutted by, when devisee or grantee is expressly made trustee, G8, 182. secus if arising from mere pre- sumption, 181. on purchase in name of stranger may be rebutted by, 206. See Residting trust. whether admissible against defen- dant's denial by answer, 205 ; whether after his death, 205, 206. Trust is inadmissible to prove, since Statute of Frauds, 178 ; see 60, 62, 65, 600. (where admissible to rebut, 181, 205, 206,214,215.) secus in case of chattels personal, 61 ; but in case of a will, see Q&. PARTIES, In suits respecting trusts, c. xxix. s. 1, p. 841. Generally. General practice, 841, et seq. under 30th order of 26th Aug. 1841, where trustees under de- vise may represent cs. q. t., 852. 853. under 32nd order of 26th Aug. 1841, as to plaintifFhaving joint and several demand, 853, 854. under Chancery Amendment Act, rules of, s. 42, 854, 855. where, under rule 9, trustees may represent cs. q. t., 855. under s. 47, as to real estate in trustees by devise, 856, note (m). under s. 51, court may adjudi- cate in presence of some only of parties intei'ested, as to portion only of trust estate, and without taking accounts, 856 ; and see 865. under Trustee Relief Acts. See Trustee Relief Acts. Bank. As to making the bank a party, 33, note (»), 859. Order and manner in which trustees and cs. q. t. ought to appear on the record as plaintiffs or defen- dants, c. XXIX. s. 2, p. 856. Trustee iu suit for determining equi- ties, should see that proper par- ties are before court, 368. Suits between Parties interested, inter se under trust, 845. (a) As to cs. q. t., general rule ; all cs. q. t. necessary, 845, 849. c. q. t. abroad, how suit may pro- ceed, 849. entitled to aliquot share of ascer- tained fund, whether other cs. q. t. necessary, 850. having assigned his interest un- necessary, ib. cs. q. t., numerous, where some may sue or defend for all, 851. c. q. t. standing out process, how suit may proceed, 850. suit by trustee to recover funds, cs. q. t. unnecessary, 851, 852. recent variations in practice, whe- ther 30th order of 26th Aug. 1841, applies, 853. as to rules of Chancery Amend- ment Act, s. 42, and particu- larly rule 8, see 854, 855. [b) As to co-trustees, general rule : all co-trustees necessary, 845. even though future suit necessary to adjust equities between co- trustees, 845, 846 ; see 768 ; or though co-trustee insolvent, 848 ; trustee becoming bankrupt, 854 ; INDEX. 789 PARTIES, cont'imied. so third party, who by reaping benefit of trust becomes quasi co-trustee, 846 ; see 768, 771. exceptions : purchaser without notice, 846 ; or stranger dealing with trust fund without notice, and who has parted with fund, 846 5 trustee of outstanding term or mere equity, 848. trustee who is mere agent, and whose authority revocable un- necessary, 848 ; so trustee who has assigned to new trustees, 848 ; or who has disclaimed, 847 ; trustee of mere equity or outstanding term, 848. trustee guilty of fraudulent or wrongful act, co-trustees not necessary parties, 846, 847 ; e. g. in case of corporators' com- pany, 847. representative of deceased co-trus- tee, whether necessary, when co-trustee insolvent, 847 ; no party to breach of trust, 849 ; and comp. 853 ; not personally charged by bill, 849 ; relief waived, 847, but see 854. trustee out of jurisdiction, or who cannot be found, how suit may proceed, 847, see 900. where two classes of trustees, 849. Suits by or against Strangers. General rule, all cs. q. t. and trus- tees necessary, 841 et seq. ; for modifications of rule, see 852, et seq. Assignees of bankrupt, &c., sue or are sued without presence of credi- tors, 843. Creditors. See Eeal Estate, inf. Marriage articles, specific perfor- mance of, 844 ; and see Settle- ment, inf. Mortgagee foreclosing, mortgage to A. in trust for B., A. necessary, 841. cs. q. t. interested in mortgage or equity of redemption, whether necessary, 842 ; andseenow855. Mortgagor redeeming, 842 ; see now, 855. Real estate in trustees for payment of debts, &c., whether cs. q. t. ne- cessary, 843. whether persons having specific charges on, 843. under s. 42, rule 9, of Ch. Am. Act, 855 ; as to devise and effect of (1) 30th order of Aug. 1841, see 852 ; (2) Ch. Am. Act, s. 47, see 856. Representative specially constituted for all purposes, c. q. t. unnecessa- ry, 844. Settlement setting aside, cs. q. t. necessary, 855. See Marriage Articles, sup. Specific performance, if trustees contract as principals, cs. q. t. unnecessary, 844. if as agents, principals are ne- cessary, ib. contract to convey to A. in trust for B., A. necessary, 842. Term, trustee of, in annuity deed, when necessary, 842 ; see 848. PARTITION. See Ireland. cases of, excepted from Lord St. Leo- nard's Trustee Act, 339 ; see now, 894, note (e). whether powers to ''sell," "to sell and exchange," authorize, 417. PARTNER, Accounts by partners against estate of deceased partner when barred by laches, 742. Jus accresceudi, excluded, 202. Payment by trustees to, 373. Renewing a lease is trustee for part- nership, 218. PAYMENT. See Receipts. Assignees, by 294. Bank, into, to account of trust, 296 ; where co-trustees, to their joint account, 330. Instalments by, directions as to under Trustee Relief Act, 375, note (2), p. 376. Legatee, when he may claim pay- ment of legacy to buy annuity, or when accumulation directed, 597. Trustee by, to agent, 372 ; comp., 294. husband of feme covert, 627 ; in- fant, 372 ; partner, 373. Trust money or charity of, to official trustees, 382. PAYMENT INTO COURT, Compulsory. At the hearing, where made though not on motion, 868. On motion, must be founded on ad- missions in answer, 865, 866, note («)• butpayments mentioned in answer may be verified by affidavit, 867. answer must contain admission of plaintiff's title or probable title, 866. 790 LEWIN ON THE LAW OF TRUSTS, ETC. PAYMENT INTO COURT, continu- ed. and this, upon the equity alleged by bill, sufficient, if defendant admits that he once received the money and has parted with it improperly, 8G6, 867. or that he is debtor to trust estate, 868. admission that he made interest amounts to receipt, 867. but generally not ordered on ad- missions from which liability merely inferred, 867. notice of, on whom it must be served, 865. Parties, what must be before court, 864, 865. Rise of stock where purchase money paid into court and invested, 467. Share of fund when it may be ordered into court, 865. Title sufficient if plaintififhave a par- tial title, 864 ; and he may move on a possible title if all parties be- fore the court, 865 ; see 868. Under Trustee Relief Acts. See Tms- tee Relief Acts, p. .^.75, et seq. "PAY THE RENTS," trust to, not within the Statute of Uses, 247, 248 ; and see 252. "PAY UNTO, OR PERMIT AND SUFFER TO RECEIVE," whether within the Statute of Uses, 249. PENSION, from crown to A., trust cannot be raised by parol for B., 57. "PER, assign in the," meaning of expres- sion, 279. PERFECT, trust where under voluntary assu- rance,81, etseq. ; see Voluntary Assurance. once created not subsequently de- feasible 99. PERISHABLE PROPERTY. See Wasting Property ; and 594. PERJURY, 205. "PERMIT AND SUFFER A. TO RECEIVE RENTS," within the Statute of Uses, 248. PERPETUITY, cannot be obtained through medium of a trust, 103, 111, 132. trust for accumulation must not lead to 110, et seq, PERSONAL, Contract with A., B., and C. jointly, eflect of disclaimer by A., 237. Estate of testator must, properly speaking, be such at his decease, 196. gift of, will not pass undisposed of proceeds of sale of lands, ib. unless proceeds directed to be ta- ken as personal estate, ib. or intention collected from will specially worded, ib. secus where testator himself enti- tled to money, 807. how far intention gathered from blending real and personal es- tate, 196 ; and see 183. Incapacity. See Feme Covert, In- fant, Incapacity, Lunatic, Trustee Acts. Representative oftrustee,billagainst. for trustee's breach of trust, 765 ; and see Parties, 3. entitled to proceeds of real estate to be converted, 807. Security, assets must not be left out- standing upon, 328. See Invest- ment. PETITION, Lord St. Leonards' Trustee Act, un- der, 839 ; as to service of, see 837, note (a). Of right, whether open to the subject where the crown is trustee, 31. Restraining order, for 860, 863. Romillv's Act, under, 780, et seq. ; see 782, 783. Stop order for, 614, note (I). Trustee acts, under, 896, note [t) : 897, note {v) ; 903, note (c). Trustee Relief Act, under, 378, note {>l) ; 380 note {a) ; 381, note (6). PIN-MONEY, arrears of, whether recoverable, 644, and note [t] ; and see Feme Co- vert. PLEADING, Frauds, Statute of, whether it must be pleaded, 62. See 137, 138. Limitations, statute of, how defend- ant avails himself of, 734, 735. as to accounts of mesne rents, &c., 751, 754, note. Presumption in matters of, 738. POLICY OF INSURANCE. See Insurance. POOR OF A PARISH, Limitation to, void at law, 44, 105, and see 836, note {w). Trust for, good, 105; applied to edu- cation of, 501. who take under such trust, 105 ; see note (k) ; and see Parish- ioners. INDEX, roi POOR OR NECESSITOUS RELA- TIONS, Gift to, how construed, G98, note (1). Power of distribution amongst, how construed, 698. PORTIONS, Power to charge not authorized in executory trusts by " usual pow- ers," 165. Time of raising, by trustee, 420 ; see 430. POSSESSIO FRATRIS, of a trust, 618, 680. POSSESSION, c. q. t. of, when a bar to Statute of Limitations, 744, 748. where entitled as to chattels, 593 ; as to lands, 585, et seq. his right recognized in equity only, 591. Transmutation of, where necessary to the creation of a trust, 81 ; and see Voluntary Assurance. Trustee for sale should not give up, before payment of purchase mo- ney, 424 ; whether receiver ap- pointed if he do so, 871 ; comp., 351. POSSIBILITY, in a trust assignable, 12, 600. "POST, assign in the," meaning of expres- sion, 279. POVERTY, Laches, whether it will excuse, 471. Presumption of release of right, its effect as to, see 737. Statutory bar, it does not prevent from running in equity, 733. Trustee of, whether ground for ap- pointing receiver, 870, 871. POWERS. See Appointed; Appoin- tees ; Appointment ; Neio trus- tees ; Feme Covert; Infant; Uses. Arbitrary, 526, 538, 694 ; and see Court, Survivo?'s?iip, inf. Assignment of estate, its effect on powers, mere conveyance of estate will not carry powers, 533. new trustees appointed under a power take powers, 533. appointed by court, whether they take special discretion- ary powers, 533 ; see 450. they cannot exercise such legal powers as are unassignable, 712. whether power will remain In trus- tee after alienation of estate, 534. court may sanction severance of estate from power, 535. Bare powers, and powers coupled with trust, distinguished, 526, 695; and see 22, 701. Construction of powers, 527, et seq. to A. and his assigns, 529; to sell in mortgage, ib. to trustee and his executors, 530 ; to A. and B. and their heirs, 527 ; to trustees and the survi- vors of them, 531, and see note (iv) ; to trustees and survivor of them, 531, and see note [x) ; to executors, sons-in-law, trustees, trustees for the time being, 530 ; during continuance of the trust, 531, 532, and see note (2). Court, its control over powers, 538, et seq. See Imperative, inf. (a) court cannot interfere with mere discretionary powers, 538, et seq. e. g. to advance legacy, 538 ; to approve A.'s conduct, 540 ; to pay annuity, 539 ; to pur- chase leaseholds, 541, but see 542 ; to sell at request, 540 ; to treat with creditors, 541. nor where trust imperative, but mode of exercising it discretionary, 542. e. g. maintenance of children at trustees' discretion ; dis- tribution of fund among tes- tator's relatives ; selection of objects of charity, ib. whether trustees should state reasons for their choice, 543 ; see 542. [b) court will interfere where fraud, misbehavioui', or trustees de- cline to exercise discretion, 543. e. g. upon improper investment or improper leases, ib. Decree in suit paralyses trustees' powers, 524, 544. seeus as to mere institution of suit, 524. Delegation of discretionary trusts not permitted, 296 ; see 449. Directory explained, 527. Disclaimer upon, continuing trus- tees may exercise special powers, 532, 533; and see 534. Discretionary, 526, 701 ; see 22, 386, and Arbitrary, sup. Distinguished, 524; and as to mix- ture of trust and power, see 22 ; and see Gift, inf., and 429. 792 LEWIN ON THE LAW OF TRUSTS, ETC. POWERS, continued. Executory trusts, what powers may be introduced under, 164, et seq. Equitable distinguished from legal powers, 525. may be annexed to estate or simply collateral, ib. General powers of trustees, e. xix, s. 1, p. 512. trustee may do without suit what is compellable by suit, 513, 519. as to advancement, 518, 519; alienation of charity estates, 515, and see 503, and Sale; appro- priation of legacy by executor, 517; bill in parliament oppos- ing, 515; promoting, 516, and see 494; debts admitting, 522, and see 487 ; compounding, paying, or releasing, 520, 524; improvements, 513, 514; in- surance, 516; investment, see Investment, and 524 ; leasing, 522, see 416, and Leases; main- tenance, 517 ; mortgaging, 416, 417, see Executor (powers) ; re- ceipts, see Receipts and Execu- tor (powers) ; reimbursements of expenses, 521 ; releasing, see Debts, sup., and Release; re- pairs, 513, 514; sale, see Exe- cutor (powers) ; timber, as to, 515, and see Timber; varying securities, 523. Gift, words of, distinguished from words of powers, 700. Imperative, 526, 536, 694, 701, et seq. court will execute on failure or default of trustee, 696 ; and see 543. where settlor has prescribed any rule, court adopts it, 696. where no rule, equality is equity, 700 ; see 707. in favour of what objects court will execute where immediate exercise is contemplated, 703, see note [d). where immediate exercise is not contemplated, 704 ; where power testamentary, ib.; not merely testamentary, ib. ; by deed or will, 705. "next of kin," in favour of, con- strued "nearest of kin," 707. " relations," in favour of, how con- strued, 705, et seq.; poor "re- lations," 698, note (1). to whom donee of power may ap- point, 705, 706 ; to whom court may appoint, 706, 707: whether per stirpes or per capita, 706, 707, and note {s). when to one of a class exclusively, 707, 708. Implied ; see Implied Poioers. Legal ; see Construction, Equitable, sup. New trustees of, appointing ; see I\ew trustees. " Proper," what authorized by this term, 164. Sale of, authorized under settlement by reference, 165 ; and see Sale. distinguished from trust for sale, 429. Selection of; see Selection. Special powers of trustees, c. xix. s. 2, p. 524 ; see Assignment, Con- struction, Control,Disclaimer, sup., Survivcn'shij), inf. Strict, explained, 527. Survivorship of, mere power to seve- ral does not survive, 536. trust or power imperative survives, ib. where given to trustees by name, semble, 538. qu. as to arbitrary power annexed to trust, ib. "Usual," 164. AVill to appoint by, contemplates those who answer description at death of donee, 170, 704. PRACTICE. See Ansiver, Bill, Costs, Inforination, Parties, Pleadings, Petition. Alterations in, 368, et seq. ; 852, 854, 865. Application to lord chancellor, when visitor of charity, by petition to great seal, 495. Appointment of new trustees, 583. See Keic trustees. Distringas, as to, 858. See Dis- tringas. Feme covert, having separate estate, as to, 633, 640, 858. Payment of money into court, as to, 864. See Payment of money into court. Receiver, as to, 869. See Receiver. Stop orders, as to, 613, 614. Wilful default, account with, not or- dered on further directions, 765. conf. as to interest, 359. PRAECIPE, equitable tenant to, 604. PREACHER, gift to find a, 495; and see Minis- ter. INDEX. 793 PRECATORY WORDS, force of, 167. will not create trusts where objects or subject-matter of trust uncer- tain, l(i8, et seq. PRECAUTIONS tu be adopted by trustee. See Duties of trustee^ In- vestment, PREROGATIVE. See Prolate. PRESENTATION, trust to purchase in favour of a par- ticular person within statutes against simony, 136. trustee presents, but at discretion of c. q. t., 269, 318. PRESUMPTION. See Advancement, liesulting trust. Bar from to relief in equity, 735, (see Limitation of suits) ; how far applicable to trusts for chari- ties, 787. Election of, by c. q. t., 823, 824. Infant, gift to, presumption that he takes beneficially, 39. Of law, may be rebutted by parol evidence, 181. PREVENTION, of breach of trust ; rights of c. q. t. in c. XXV. p. 710. See c. q. t. PRINCIPAL. See Investments (Lia- bilities), has absolute property, factor has only special property, 275. release of, discharges accessory, 777. PRIORITY. See Notice, Stoj) order. PRIVATE, Contract, whether trustees, &c., may sell by, 422. Trusts, 23 ; limits of their duration, 23; see 103,111. PRIVILEGES, of c. q. t., 592, et seq. See c. q. t. of trustee, 268. PRIVITY, as applicable to cestui que use, ex- plained, 3 ; where released as to trusts, 11. estate, of, explained, 3, 18; extent of term " privity of estate," 18. person, of, explained, 19. PRIZES, taken in war, 25, 101. See Croivn. PROBATE, Duty not payable on proceeds of land to be converted into money, 807. Prerogative, when required, 261 ; sovereign, will of private property of, not admitted to, 25. PRODUCTION, Documents of, how trustees should May, 1858.— 51 eovenunt for, 425. Vouchers of, trustee must make, 428. See 599. PROHIBITION, issued against spiritual court inter- fering in a trust, 20. PROMISSORY NOTE, 338. See BUI of Exchange. PROOF, bankruptcy in. See 269, Trustee, inf. mortgagee, by, in administration suit, bankruptcy, and trust for cre- ditors, 485. Trustee, on bankruptcy of, 357 ; and see 771, 772. "PROPER POWERS," to tenants for life, what powers au- thorized by, 166. PROPERTY, what mav be subject of trust, c. it. p.45. " how far property out of jiirisdiction, 47 ; and see Abroad, Jurisdiction. PROTECTION, C. q. t. of. See c. q. t. (Protection), Distringas, Payment into Court, Receiver. Trustee, of. See Indemniti/, Trus- tee Relief Acts. PROTECTOR, Of settlement under Fines and Reco- veries Act, 411, 412. Consent of, to vesting order under Trustee Act, 885, note (/). Disclaimer, how he must make of office, 237. Special, whether one will be appoint- ed of settlement, in pursuance of executory trust, 157. Trustee he is not, in respect of his power of assent, 412. PROVING WILL, an acceptance of trust, 239 ; but see 240. PROXY, appointment of, distinguished from delejjation of office, 297. PUBLIC, POLICY; see 497. Securities, 352. Trusts same as charitable trusts, their duration permanent, 23. PUR AUTRE VIE. See Copyholds (for lives), not within stat. de donls, and cannot be entailed, 603, note (1)._ limited to one aud heirs of his body, not a fee conditional, ib. PURCHASE, Power to purchase by way of invest- ment, 349. 794 LEWIN ON THE LAW OF TRUSTS, ETC. PURCHASE, continued. Resulting trust, where created by purchase in name of third per- son, 199 et seq. ^%q Resulting Trust. not when in name of child, &c., 207, et seq. See Advancement. Trustees by, reversion of renewable leaseholds, 225. Trustees for sale by, of trust proper- ty, 4G0, et seq. See Sale ; Tenant for Life. PURCHASE MONEY, whether bound by judgments against vendor, 654, 656. PURCHASER. See Settlement (Rec- tification). Accidental damage to estate pur- chased, he must bear, but is en- titled to improvements, 174. Application of purchase money, where he must see to, 430, et seq. See Receipts. C. q. t., purchaser is a c. q. t. sub niodo, 175 ; see 799. Charity estate, of, 503, 504. See 515," 782, note («'). Chose in action of, from trustee bound by same equity as trustee, 729. Dying intestate aud without heir, after payment of purchase money, but before conveyance, vendor keeps estate, 322. Equitable interest, of, must inquire of trustee as to prior incumbran- ces, 604. must give notice of his own, 605 ; (and see Notice) ; how he takes priority, 729. Equity to settlement of feme covert, as against, 370. Heir taking as, see 17, 148, 680. Judgment creditor, is not a pur- chaser, 280 ; and see 668, note [d). Legal charge, purchaser bound by, whether with or without notice, 18, 282. Lunatic or idiot, purchaser from without notice, 27. Notice. See Eqidtahle interest and Legcd charge, Lunatic, sup.; Trust and Use, inf. Security to solicitor for costs, set aside even as against purchaser, 550. Trust, where bound by, purchaser of legal estate with no- tice bound, 725. rule applies to constructive trusts, equitable incum- brance, or lien, 725. to conveyance by fine, 224. notice presumed from recitals, 224. without notice, not bound, 725. See 224, 406, 469. whether he can protect him- self by getting in legal es- tate, 726. with notice from purchaser without, not bound, ib. without notice from purchaser with, not bound, ib. in case of equitable interest, see 729. but rule does not apply to charitable use, 726. trustee selling to purchaser with- out notice, and then becoming owner, trust revives, 726. whether purchaser bound by no- tice of doubtful equity, 727 ; of title long neglected, 728 ; and see Chose in action, and Egid- tahle interest, sup. Voluntary settlement of realty not good as against purchaser, 92, 93. See Voluntary Settlement. QUALIFICATION, of c. q. t. to be juror, 592. QUASI-TRUSTEE, person becoming, by reaping benefit of breach of trust, 768, 771, 846. See 244. QUEEN. See Crown. QUEEN'S BENCH, civil corporations visited by, 495. " QUI PRIOR TEMPORE, potior jure," 606 ; and see note {g). QUORUM, 299. See Co-trustees. RAILWAY SHARES, bequeathed in succession, converted into £3 per cents., 812. RATES, trustees liable to, unless where trus- tees exclusively for public pur- poses, 271, 272. trust, in aid of, 496 ; in aid of church rates, 107. RATE-PAYERS, 109. See Parish- ioners. REAL, Estate in trustees for creditors, &c., what parties necessary for suit, 843, see 855. Securities. See Investment. REALTY, effect of blending into one fund with personalty under a will, 183, 196. REBUTTER, of resulting trust upon advancement. INDEX. 795 REBUTTER, continued. 214 ; presumption of law, 181, see 182 ; purchase in name of stranger, 206. RECEIPTS, Agent or attorney of, 372. Breach of trust ; see Trustee, inf. Charge of debts implies power of giving receipts, 433, 440. who can give receipts in case of, 440 ; true principles, 448. 1. Devise to trustees ; trustees and executors can sell together, 440. whether executors have legal power and can pass the estate independently of trustees, qu., 441 ; and see 443 and notes. 2. Beneficial devise, with charge of debts, 443. devisee where executor also can make a title, 444. and semble devisee, without con- currence of executor, can make a title, ib. 3. Where no devise of estate, 444. heir cannot give good receipt, semble, and why, ib. whether executor takes legal power of sale, 445. executor takes equitable power of sale, semble, 445, 446, note (?•). and on his exercising it con- veyance must be made by person having legal estate or under Trustee Acts, 446. 4. Simjile devise which lapses, 447. whether executor can take power of sale, qu., 447. 5. Where estate subjected to vari- ous limitations, ib. semble, executors take an equi- table power of sale, 448. Co-administrators on same footing as co-executors, 316. Co-executor liable for joining in pro forma, 310, et seq. unless his joining nugatory, 311, or ex necessitate, 314 ; and see Executo7\ Co-trustees must all join in giving, 298, 330. even co-trustee who has conveyed estate to the others, 449. secus as to co-trustee who has dis- claimed, ib. co-executor, 310. co-trustee joining in but not actu- ally receiving, not liable, 304; secus where money improperly raised, 306. but joint receipt conclusive at law of actual receipt, 305; and see 313. and involves onus proband! that co-trustee did not receive, 305; see Co-trustee, Indemnity, In- vestment. Discharge of, 428, 430; see Power of Giving, inf. Executor, where his receipt will dis- charge a purchaser, 453, et seq. ; see Executor (Powers). Executory trusts silent as to powers whether it authorizes power to give, 164, note {x). Husband of feme covert, of, 627. Infant, of, 372. Liability for joining ; see Co-execu- tors, Co-trustees, sup. Official trustees, of charitable funds of, 382. Partner of, 373. Power of giving; see 451, Cliarye of debts. Executor, sup., Pur- chaser, Time, inf. 1. Express, 430 ; see 331. 2. Implied, 431, et seq. (1) By direction in power of im- mediate sale, 431 ; see 330. e. g. when future distribution of proceeds directed, 431. or cs. q. t. are infants, 432. qu. as to cs. q. t. abroad, 432 ; see 453. (2) By special trust annexed to purchase money, e. g. trust for investment, 433 : and see 523. to pay debts, 434; debts and legacies, 435. secus where for particular debts, 435. or legacies only, ib. ; as to lega- cies not yet payable, see 430. Exceptions, purchaser is not in- demnified (1) where collusion: (2) after institution of suit ; or _ (3) where notice of intended mis- " application, 436, and see 331, 458 ; (4) where sale not justified, 428. Purchaser discharged by receipts of executors; see Executors, s,w\). when by receipts of trustees, 430 ; see Power of giving, sup., and 428. practical directions where several purchasers and no power to give receipts, 451. principle of requiring him to see 796 LEWIN ON THE LAW OF TRUSTS, ETC. RECEIPTS, continued. to application, 430 ; new prin- ciple suggested, 452. Time, purchaser from administrator or executor after lapsed, 458. from trustee after lapse of, 436. power of signing receipt a ques- tion of intention at date of deed or of testator's death, and not altered by subsequent events, 436, 437. Trustees ; see Charge of Debts, Power of giving, sup. appointed by court, their power to give, 450. assignee of, whether he can give receipts, 449. breach of trust after, whether their receipts are good, 450. who intend, id., 331, 436. receipts, they retain the vouchers for, 428. sale, should see that it is justified, 428, 430 ; see Sale. where no money passes to trustee, 451. whether they must actually receive purchase money, 451 ; see 330, 422. Varying securities, power of, whether it implies power to give receipts, 523. RECEIVE, rents, whether trust to, identical with trust for possession, 588. trust money, how trustees should, 296, 330. RECEIVER, Appointed by court, at instance of all cs. q. t., but usual recognizances necessary, 869. at instance of individual c. q. t., 870. where trust estate in danger from circumstances, or con- duct of trustees, or unpro- tected, 870 ; see 871, note [I). where executor drunken, &c., and in great poverty, 870. executrix feme covert, and hus- band abroad, ib. tenant forlife of renewable lease- holds refuses to renew, 402, 722. trustee of bankrupt or insolvent guilty of misconduct, waste, &c.orincapable of acting, 870. where all trustees disagree or are abroad, ib. not appointed on slight grounds, 870, 871. e. g. where one co-trustee abroad has disclaimed, or is inactive, % 870. _ \ not generally discharged at mere | instance of party procuring | appointment, 871. exception where new trustees, ib. Direction to employ A. as, with pro- per salary, constitutes a trust, 101. secus as to mere recommendation, 102. Infant cannot be appointed, 36. Interest, he will be charged with, for improper retainer, 359. Salary, case of receiver appointed without, 590. Time or trouble, he cannot charge for, 546. Trustee cannot be appointed at a salary unless mere trustee to pre- serve, (fcc, 314. RECITAL, Declaration of trust, it may prove, 63. False, effect of, 875. Notice by recital of surrender of former lease, 224. Trustee executing trust deed should see that recitals are correct, 238. RECOMMEND, may raise implied trust, 168, but see 102, 172. RECONVEYANCE. See Mortgage. RECOUP, right of trustee to, after making over-payment, 373. RECOVERY, Equitable entail, its effect on, 601, et seq. howit musthave been suffered, 604 . Infant tenant in tail conveyed by, under Trustee Enabling Acts, 835, note (?0- Infant, of, formerly only reversible during nonage, 26. Lunatic or idiot, of, formerly valid unless reversed, 27. Trustees to preserve when they could have prevented, 404. Vacation, could not be suffered in, 819. RECTIFYING, settlement : see Settlement. REDEMPTION OF LAND TAX, of lunatic's estate, may be effected from proceeds of timber, 827. REDUCTION, into possession of feme covert's chose in action, 26, 370, 627, 628, 631. INDEX. •9' REDUCTION, continued. not where reversionary, 370, et seq., 628. into possession of trust estate, c. xiii. s. 1, p. 326 5 and see Livest- ment (Duties). REFERENCE, words of, creation of trusts by, 167. creation ofpovvers by, 433, note (6). REFUSAL, of trustees to act, 710 ; and see 543, 696. to convey or transfer, at request of c. q. t., 595, 600. how remedied under Lord St. Leo- nards' Trustee Act, 837, see note (a) ; 838, see note (/). how under Trustee Acts ; see Trus- tee Acts. REGISTRY, Acts, as to register, counties, 672 ; ships, 203. Decrees, judgments, «&c.,of, 667,668, note (e) ; 669. REIMBURSEMENT, of trustees' expenses, 521 ; and see c. XX. s. 2, p. 557 ; Exjjenses, and 873. RELATIONS, Bequest to poor relations, how con- strued, 698, note (1). Power in favour of, how to be exe- cuted by donee, 705 ; see 542. on failure of trustees by court, 706 ; see Poioers (Imperative). Trust for, how construed, 170. Trustees whether they should grant leases to, 505. undesirable to have relations as trustees, 40 ; but see 789. RELATORS, necessary in information on account of costs, 779. RELEASE, Breach of trust from, by c. q. t., re- quisites of, 777, 778. by feme covert or infant, 777. C. q. t., by, in ignorance of his rights, 224. Co-trustee, of one, discharges ano- ther, 773 ; secus as to bond not to sue, ib.; comp., 854. Consideration, what sufficient for, 737. Creditor of, by accepting composi- tion, 486. Debts, whether trustee may release, 520. Equity of redemption of no value, whether trustee may release, 521. Mortgage security, release of part, whether trustees may make, 521. Principal, of, discharges accessory, 777. Seal under, its effect, and whether trustee may require, 373. Trust from, how trustee can obtain, 289. See Relinqiiishment. Trustee paying under direction of court not entitled to, 375. whether trustees on payment to trustees can require, 374. expense of release to trustees and by whom prepared, 375. RELIEF. See Trustee Relief Ads. RELIGION, Established, when court executes trust in favour of, 497. RELINQUISHMENT, of trust by trustee, how effected, c. XXI. p. 565. («) Consent, by, of all cs. q. t. if sui juris and in esse, 565, 566. (6) Court, by application to, 582, and see 584. by representative of deceased trustee, 584. where no new trustee can be found, 582. application, how made and costs of, 583. when new trustee appointed on petition under Bankruptcy Act, 714; Lord St. Leonards' Trus- tee Act, 713, 834; Trustee Acts, 714; see Trustee Acts ; and s. 36 of Trustee Act. (c) Power by virtue of a, 566 ; see New trustees. REMAINDERMAN, Election, how far he is capable of, 818 ; see Election. Equity of redemption of, when time runs against, 733. Limitations, Stat, of, whether s. 25 abridges rights of e. q. t. in re- mainder, 722, see note (?•) ; 745 ; as to receiver of renewable lease- holds, 402, 722. Remedies of bill to have number of trustees filled up, 710, and comp. 368, 723, 733, 868. Renewable leaseholds of, fines ap- portioned between him and te- nant for life, 305. laches not imputable to him dur- ing life of tenant for life, 402. Trustee must not favour tenant for life at expense of, 339, 344, 348, 415, 418, 421. REMAINDERS, CONTINGENT. See Continrjcnt Eemainders. 798 LEWIN ON THE LAW OF TRUSTS, ETC. REMEDY, c. q. t., of, is in chancery, 19. not in common law court for breach of implied contract, 20. nor in spiritual court, ib. for breach of trust, see Breach, of trust (remedy). Trustee of (where breach of trust), against (1) c. q. t., 353, 392, TGS, 771, 846; (2) co-trustee, 317, 767, 768, 845; and see 309. where construction of trust doubt- ful, 367, 368, and 375, et seq.; see Trustee Relief Act. REMOVAL OF TRUSTEES, 710, 711. RENEWABLE LEASEHOLDS, C. XIV. p. 383 ; see Constructive trusts. Accumulations for renewal, who en- titled to when renewal cannot be obtained, 392. Copyholds vested in trustee, admis- sion fines how raised, 402, 403. Fines for renewal, whether out of annual rents or by mortgage, (a) where fund pointed out by settlor, 386, et seq. as to leaseholds for years : how to be raised " out of rents and profits," 386 ; " out of rents and profits or by mortgage," 387, 388. as to leaseholds for lives : whe- ther to be raised out of annual rents and profits, 388, et seq., and see 391 ; payable out of insurance may be adopted, 391. (&) where no direction by set- tlor, 393, et seq. fine may be raised by tenant for life and remainderman, or one of them, 393 ; if they refuse, how far mortgage by trustee is feasible, semble ap- plication to the court neces- sary, ib. ; see note (r). apportionment of fines (if neces- sary), how made, 395, et seq. tenant for life and remainder- man pay in proportion to their actual enjoyment, 397; see 387, 391, 400. court will not act on speculative calculations, 395 ; but see case in same page, proportion, how ascertained as to leaseholds for years, 397. compound interest allowed te- nant for life on his share, and for what period, ib. tenant for life having had no enjoyment does not pay, 398. how ascertained as to leaseholds for lives, 398, 399, and see 400 and 394. contribution, how secured, 398, 400, 402. if made by tenant for life he has a lien, 400, and see 398. if made out of trust fund or by remaindermen, tenant for life gives security, 402 ; see 398, 400. ■when by appointment of receiv- er, 402, 722 ; or sequestration of rents, 402. but suit for compensation can- not be instituted till death of tenant for life, 402 ; until then remainderman not guilty of laches, ib. Liability of trustees and tenant for life for neglect to renew, 392 ; see 769, et seq. Obligation to renew, 383, et seq. obligation not necessarily imposed where successive estates limited but no trustee, 383. implied in articles for settlement, 385, 386. whether implied by interposition of trustee, 384, and see note (Z). whether implied in marriage set- tlement, 385. discretionary renewals, construc- tion of, "it shall be lawful for trustees to renew," &c., 386. Person renewing when a construc- tive trustee, 218. Tenant for life entitled to fines paid by under-lessees, 392. when regarded as a trustee, 402. RENEWAL OF LEASES. See Re- ncicable Leaseholds. Lunatic, leases of, may be made out of his personal estate, 828. Right of, trustee, &c., cannot sell, 220. RENT. See Mesne Rents, Renewable Leaseholds. Arrears of, what recoverable under Statute of Limitations, 744, 748. Charity estate of, increasing surplus how applied, 198. Grantee of, dying without heirs, rent sinks into land, 321. Rack, 505. *' Raised, not to be," construction of as to charities, 506. INDEX. 199 RENUNCIATION. See Acceptance, Disclaimer, Executor. of the trust not permitted after accept- ance, 289. REPAIRS. See Expenses. Allowances for, when made by trus- tees, 513 ; upon setting aside pur- chases by trustees for sale, 466. Infant's lands, upon, may be made out of his personalty, 830. so as to lunatic, 827. Tenant for life, by, 514. Trust for, a special trust, 247 ; and see Legal Estate. repairing chapel, 496, see 501. REPUTED OWNERSHIP, of chattels ; see Order and Disposi- tion. REQUEST, Order of court not considered as "request" of party, 839, note (., Preliminaries, Quantity, Time. inf. Mode of conducting sale, agents, by, 422 ; auction or private contract, by, ib. ; buying in, conditions of sale, as to, 423 ; lots, ti-ustees may sell in, 423 ; possession to pur- chaser, when to be given, 424, see 871 ; receipt of purchase money, 422 ; see Receipts ; and Prelimina- ries, Quantity, inf. Pei'sonal estate, trust for sale on its insufficiency for debts, 428. Powers of: leases they may not grant, 416, and see 462 ; mort- gage, whether they may make, 416,417; a,ndi s,&Q Receipts ; and Quantity, infra. Preliminaries : advertisements, if by auction, 422 ; title should be in- vestigated before sale, 421 ; value of property should be ascertained, ib. Quantity, whether trustees may sell larger than trust requires, 429. Request, sale at, &c., how it must be testified, 419. Specific j^erformance, costs of, 421, 872 ; not enforced if involving- breach of trust, 415 ; whether when involving hardship, 424. Time for sale : reasonable time al- lowed, 415 ; trust to sell with " all convenient speed," 415, see 527 ; " after death of A.," 419 ; within limited period, 416. where legacies not yet raisable are charged, 430 ; where por- tions are raisable, 420, 430. Their disability to purchase jjroperty, c. XVI. s. 3, p. 460 ; and see Lease, [a) Rule applies to purchase from trustee, or co-trustee, 461 ; even by means of agent, or as agent for another, 462 ; at auction or private contract, 461 ; however fair the transaction, ib. ; in name of trustee or another, ib. ; and whatever the trust property, 460. applies to assignees, administra- tors, executors, receivers, &c., 465. does not apply to execution creditor on sale by sheriff, nor to mortgagee, 465 ; nor to trustee who has disclaim- ed, 462. whether to trustee without active duties, 460. (&) But trustee may purchase from c. q. t., if relation of trustee and c. q. t. dissolved, and no con- cealment, 463. cases where purchase sustained from conduct of c. q. t., 464 ; whether c. q. t.'s solicitor can authorize purchase, ib. cs. q. t., creditors, whether all must sanction purchase, ib. cs. q. t., sui juris, court cannot authorize trustee to bid ; secus where cs. q. t."are infants, 465. (c) Confirmation of purchase, 471, et seq. ; requisites of, 472; con- sideration, it does not require, ib. (c?) Laches, when a bar to relief, 470, see 742 ; in cases of class (as creditors,) feme covert, in- fant, 471. no laches in case of ignorance, 471 ; whether in case of dis- tress, ib. (e) Terms on which purchase set aside, 466. 1. c. cj. t. may pray reconveyance on payment of purchase mo- ney and interest at 4Z. per cent., 466. trustee accounts for rents (with- out interest,) compensates for deteriorations, but allowed for 802 LEWIN ON THE LAW OF TRUSTS, ETC. SALE, TRUSTEES FOR, continued. repairs and (unless where fraud) lasting improvements, 466. trustee paying money into court not entitled to rise in stock, 467. re-conveyance when ordered, 467 ; without prejudice to bona fide lessees, &c., ib. 2. c. q. t. (even a single creditor) may pray re-sale, 467, 469. trustee, where no advance, held to his purchase, 468. how allowed for repairs and improvements, ib. whether re-sale in lots can be required, ib. c. q. t., remedy of, in case ofshares, 469. against subsequent purcha- sers, ib. costs follow decree, ib. ; not where plaintiff' guilty of de- lay, 470. [f) Time within which relief must be sought, 470 ; see Laches, sup. SALE AND EXCHANGE, Power of. whether authorized by " usual pow- ers" in executory trusts, 164; un- der covenant to settle realty simi- larly to stock where power of vary- ing securities, 167. whether it authorizes partition, 417. whether it implies power to give re- ceipts, 433, note [u), SCANDAL, statement of trustee's misconduct is not, 711. SCHOOL, chapel for, 496. "free grammar and free school," 499, et seq. trust for poor applied for school- house, &c., 501. SCIRE FACIAS, 663. SCOTLAND, Equities in respect of lands in, ad- ministered here, 48 ; but see 53 and Jurisdiction, Executors here not bound to know the law of, 367. Thellusson act, Scotland is excepted from, 120. SECRET TRUSTS, discovery of, where enforced, 70, 72, 73 ; see Devisee ; Heir. as to, under deed enrolled under 9 Geo; 2, c. 36, 132. SECURITIES, For money, gift of in wiU may pass mortgage in fee, 264. Negotiable, where they may be fol- lowed, 275, 759. SECURITY. See Investment. Agent, trustee not called upon to require from, 295. Tenant for life of renewable lease- holds, what he gives where fine paid by remainderman, 398, 400, 402. Trustee required to give for due exe- cution of trust, 723. Vary, power to, 523 ; a "usual pow- er," 164. SEISIN, Infants of, ex parte maternO, of.lease- holds may be changed to seisin ex parte paterna, 831. Ex parte maternfi, 680. Equitable, 617; what required to give curtesy, 617, 622, 623. possessio fratris of a trust, 618, and see note (e). SELECTION, power of, 22, 542, 701, 705, 706, note {n). SEPARATE USE. See Feme Covert. SEQUESTRATION, of rents ordered where tenant for life of renewable leasehold refuses to renew, 402, 722. SET-OFF. See 334. where bankrupt trustee (indebted to trust) has beneficial interest, 772 ; conf. 771. SETTLED, account opening against solicitor trustee, 550. SETTLEMENT, Equity to. See Feme Covert. Executory trust, what directed under. See Executory tnists. Postnuptial, executory trusts in, con- strued as in wills, 164. Of realty, usual frame of 404. eff"ect of usual power of sale in, 417. re-settlement of estate, 409. object of limitation to trustees to preserve in 404, 405. Rectification of, how far by means of articles, 148. not when settlement executed prior to marriage, 148. unless stated to be made in pur- suance of articles, or where mis- take, 148. semble not against a purchaser, 148, note {y). Separate use of feme covert for ; see Feme Covert. Voluntary, of lands or chattels real (butnot of personalty), defeated by subsequent sale by settlor, 92. INDEX. 803 SETTLEMENT, continued. of any property void as against creditors, if settlor indebted at the time, 93 ; see Voluntary Settlement. SETTLOR, Legal estate becoming re-vested in, will not defeat trust, 99. Whether he can claim benefit on failure of c. q. t. 323. Who may be, c. in. s. 1, p. 24. See also Alien, Bankrupt, Crown, Corporation, Feme Covert, Hus- band, Infant, Insolvent, Lunatic; and as to Felon, Outlaio, Traitor, see 28. SEVERANCE, of trusteeship, 579 ; of estate from powers, 535. SHARE, aliquot, payment of into court some- times ordered, 865. c. q. t., of suing, who should be par- ties, 850 : see 856. SHARES, Charging order under 1 & 2 Vict. c. 110, its effect, 669. Companies, in restraining order un- der 5 Vict. c. 5, s. 4, applicable to, 860, 863. in canal, insurance, railway com- panies, &c., when to be convert- ed, 812. Purchase of, by trustee, 469. SHELLEY'S CASE, rule in, applicable to trusts executed, 142. See Executory trusts (heir of body). SHIP, no resulting trust on purchase of, in stranger's name, 203. registry acts do not apply to trans- fers by mere operation of law, 203. SICILY. See Jurisdiction. whether trusts of laud in, can be en- forced here, 54. SIGNATURE, required for delegation of trust, 64 ; by whom, 65. SIMONY, direction to purchase next presenta- tion in favour of person a designata falls within, 136. SIMPLE CONTRACT DEBTS. See Breach of trust. Lands of trustee trading, liable to under Sir S. Romilly's Act, 273. Money to be converted into land was not formerly liable to, 796. Real assets they are now payable out of, 239, 273, note (Z), 285, 435. as to devise for payment of debts, see 474. Trusts for, debts, how paid under, 484, 488; and see 843, and Debts. interest on, not allowed, 489 ; but see 490, note (g). SIMPLE INTEREST, usually charged for improper retain- er of trust money, 359, 361. SIMPLE TRUST. See Special trust. explained, 2, 21. in what the c. q. t.'s estate consists, c. xxii. s. 1, p. 585. SOLICITOR, Breach of trust, if he wilfully advi- ses or concurs he may be struck off the Roll, 763, note (s). effect of, in negotiating loans, &c., 358. Borrower of, undesirable for lender to employ, 358. c. q. t. of, whether he can author- ize trustee to purchase, 464. Constructive trustee, case where so- licitor violating his duty held to be, 226. Purchase in name of son (a solici- tor), held not an " advancement" from the relation of solicitor, 216. Security to for professional charges set aside, when, 550. Settled account, containing profes- sional charges opened against, 550. Trustee, solicitor of, has no lien on trust fund, 561 ; taxation against at instance of e. q. t., 558, note (/), 561, note (g). Trustee who is, cannot charge for time and trouble, but only for costs out of pocket, unless where special contract, 320, 549 ; as to nature of contract, see 553 ; rule same where co- trustee is one of a firm, 320, 549. proportion of costs allowed to country solicitor (executor) de- fending suit by agent, 320 ; co- trustee and solicitor acting in a suit for himself and co-trus- tees, ib. ; none allowed to single trustee defending himself by his partner, ib., and see 550. SOUTH SEA, stock and annuities, 341, note ip). SOVEREIGN. See Croion. Declaration of trust by or to, 25,59, Will of, as to private property, 25. 804 LEWIN ON THE LAW OF TRUSTS, ETC. SPECIAL, Case, 3G8. Conditions, 423. Occupant, heir taking as, may dis- claim, 232. Trust, nature of, 4, 21 ; must be lawful, 599. ia what c. q. t.'s estate consists, c. X5II. s. 2, 597, et seq. how converted into simple trust, 597. proceeds till countermanded by c. q. t., 598. Uses, Stat, of, is not within, 24C, 247. SPECIALTY. See Breacli of trust, Simj')le Contract Debts. heirs where bound by, 238, 239 ; see 692, 765. SPECIALTY CREDITOR, devise avoided against, 239, 474. trusts for payment of debts, his claim under, 484, 488; for interest on, 491. SPECIE, where presumed that leaseholds, &c., though bequeathed in succession, are to be enjoyed in, 809. SPECIFIC, Bequest, distinguished from direc- tion to enjoy in specie, 812 ; and and see note {g). Charges on realty, persons having, where necessary parties, 843. Performance, costs of trustee in, 421, 872. enforced, is not, against trustees who have sold improperly, 415; whether where hardship, 424. laches in suit for, effect of, 742. lands abroad, as to, when enforced, 47. parties to suit for, 844 ; and see 842. person who has made a previous voluntary settlement cannot en- force against purchaser, 93 ; but purchaser may enforce, ib. Trustees' Acts, provision for under Trustee Acts, 839, and see 894. voluntary contract of not enforced, 93, 94 ; and see Covenant. SPIRITUAL COURTS, have no jurisdiction of trusts, 19, 261 ; and see Prohibition. SPORTING, trustees not entitled to where it can be let, 318. qualification of c. q. t. for, under old law, 593. STATUTES. See Frauds, Stat, of; Limitations, Stat, of; Wills, Stat, of; Trustee Acts ; Trustee Belief Acts, and Index of Statutes. STATUTE MERCHANT, tenant by, bound by a trust, 11. lien of, 689. STEWARD, of manor. See Infant. trustee appoints but must observe direction of c. q. t., 269. STOCK. See Payment into Court. Charging order under 1 & 2 Vict. c. 110, 642, 649, 669, et seq. Co-executors, transfer by, 315. Creditor, how available to, see Charging order, sup. Devises of, statutes relating to, 32, note (1). Distringas, writ of, applicable to, 860, et seq., 863. Dividends, c. q. t. put in possession by power of attorney, 594. Executors' assent to bequest, effect of, 32, note (1). Private company, trust money must not be invested upon stock of, 341; bank stock, south sea stock, ib. Public investment upon, 351 ; see 354. case of trustees impropei-ly sell- ing out, 356. secus where power to do so, 344. neglect to purchase, 764. Restraining order, under 5 Vict. c. 5, s. 4, 860, 863. STOP ORDER, petition for on whom it should be served, 614, note [1). priority given by, 613, 614. See Notice. STRANGER, Advancement for, whether presumed when purchaser has placed him- self in loco parentis, 216. Purchase in name of, where it cre- ates resulting trust, see Pur- chase. parties to suits respecting trust by or against, 841, et seq.; and see Parties. SUBPCENA, origin of, 1. SUIT. See Costs, Decree, Parties. Barred by lapse of time, when ; see Limitation. Collusive, 429. Decree in, takes administration from trustee, 414, 429, 436, 523; and see 524, 544. Trustee for protection of, 367. appeals at his own risk, 368. INDEX. 805 SUIT, continued. should see that proper parties are before court, 368. sustain rather than originate, ib. for removal of, 710, I'll ; and see 582, et seq. SUPPLYING WORDS, in articles, 153, and see 191, 250. SURRENDER. See Copyholds, Cus- tomary Freeliolds. SURVEYOR, 561. SURVIVORSHIP. See Feme Covert, Chiardian. Administratorship or executorship, of, 300. not of bare power, 299, 536 ; or committeeship of lunatic, 299. Power of sale of, in mortgage, 419. Powers of trustees, 536. See Pow- ers. Trust of, 299 ; even where power to appoint new trustees, 301. Trust for sale of, 300, 419. TACKING. See Mortgage. TAXES. See Bates. TECHNICAL, terms, how far necessary for crea- tion of express trusts, 140. their force when employed, 141 ; and see Executori/ trusts. TENANCY IN COMMON. See Joint tenancy. Elect, how far tenant in common can, 818. Implied in case of joint loan, 201 ; or where two possessed of mort- gage term purchase equity of re- demption, 202 ; in joint purchase, where purchasers contribute une- qually, 202 ; or in joint undertak- ing in trade, 202. Mortgagee, tenant in common of equity of redemption, 733. Presumption of ouster between equi- table tenants in common, 735, note (1); but see 747. TENANT AT WILL, c. q. t. is to trustee, 586, 590. or by suffei-ance renewal of lease by his executor, 219. TENANT FOR LIFE, Breach of trust reaping fruits of, how he contributes, 768, et seq. participating in, his interest may be stopped for compensation, 771. Chattels or heir-looms as to, his rights, 593, 594. Conversion income accruing before, his proportion in, 813. See Conversion (income), having received whole income, when conversion proper, liable to refund, 353. Costs, he l)ears of suit instituted for relinquishment of trust by trustees on account of incumbrances by him, 584. Dividends, how put in possession of, 594. Feme covert, as regards equity to settlem'ent of wife, who is, 370. Forfeiture by, 678. Improvements and repairs, 514. Powers, whether having sold or mortgaged his estate, he can ex- ercise, appoint new trustees, 580. Real estate, of his rights, 586, et seq. Renewable leaseholds of, fines entitled to on underleases, 392. fines, apportionment of between prior remainderman, and contri- bution, how secured, 395, 398 ; and see Reneivable Leaseholds. liability in case of neglect to re- new, 392 ; see 383. refusing to renew, 402, 722. regarded as trustee for renewal, when, 402. renewing is trustee for those in re- mainder, 218, 384. Trust for sale, he may buy under though his consent necessary to sale, 462. Title deeds, whether entitled to, 591, 592, note {v). Use of his power under 1 Rich. 3, c. 1, 601 note {/) ; see 227, in pos- session. Waste by, 225, 514. See Waste. TENANT IN TAIL. See Uses. Assignment q/" his equitable interest, 601, et seq. Election by, 819, et seq.; see Elec- tion. Equitable, he cannot require trustee to convey legal fee, 595. Forfeit his estates, he cannot, by disseising the remainderman of an equitable interest, 560. TENANT TO PRAECIPE, 412 ; see 404. 405 ; Equitable, 604. TENANT YEARLY,renewal of lease bv 219. TENANT RIGHT, 225. TENDER, of conveyance, under Lord St. Leo- nards' Trustee Act, 837, note (a). TERM, attendant. See Attendant term. 806 LEWIN ON THE LAW OF TRUSTS, ETC. TERROR, confirmation must not be obtaiaed by, 473, 778. TESTAMENTARY DISPOSITION. See Will. THELLUSSON ACT, 112, et seq. See Ireland, Scotland. Accumulation can be for one only of the periods allowed by sta- tute, 113. commencing after testator's death, must end at 21 years from such death, 113. trust exceeding limits is good pro tanto, 113, 114. Act applies to simple and com- pound accumulation, and where enjoyment suspended, though right vested, 113. whether act applies where accu- mulation only implied by instru- ment of trust, 115, 116. Exceptions from the act, and their construction, 119 ; see 120. Excess, to whom it belongs, IIG, et seq. resulting for heir, when it devolves as personalty, 118. Subsequent limitations not accele- rated, ib. Wills Act, under, void accumulations of realty go to residuary devisee, of personalty to residuary lega- tee, 118; and where residue is settled form capital, ib. void accumulations from residue itself result, if realty to heir, if personalty to next of kin, ib. TIMBER, Account of, in equity on legal title without injunction, qu. 753, note. On infant's estate, see Infant. On lunatic's estate, see Limatic. Trustees may not buy wood estate in favour of tenant for life, sans waste, their power to cut, 515; ■with power of sale, may not sell separately from estate, 421. TIME, Bar from. See Laches, Limitation of Suits. Trust for sale, "within what it should be executed, 415 ; and see 419, 420, 429, 436, 458. Trustee not entitled to any allowance for his time, 545 ; and see Trouble, TITHES, account of, in equity on legal title, 753, note. TITLE, power of vendor to sign receipt for purchase money, a matter of, 430. trustee for sale bound to make a good title, 421. TITLE DEEDS, Custody of, who entitled to, where legal estate in trustee, 591, 592. where all estates legal, 592, note [V). Holder of, how far a constructive trustee for remainderman or part owner, 227, 228. Purchaser, if not delivered to assig- nees, must give attested copies, and covenant for production, 425. TORTIOUS, Conversion of trust property, 275, 754,825 ; and see Conversion, Fol- low. Sale of land by trustee, 763. of stock by trustee, 356. TRADE, Allowance for management is given to constructive trustee, 548 ; secus as to express trustee, 549. Bank, money lodged in to executors' account considered to be traded with, 361. Following trust, property employed in, 760. Tenancy in common implied on joint advance for, 202. Trustee employing trust money, charged at option of c. q. t. with profits, 361, 362, see 319; or with interest at 51. per cent. 362. whether with compound interest, 362, 363. TRADER. See Bankrupt, Debts. TRANSMUTATION OF POSSES- SION. See Voluntary Assu- rance. where there is, the trust though voluntary will be enforced, 81, 99. and where there is not, if trust be perfectly created, 81. TRAVELLING, Expenses, trustee allowed when pro- per, 557. TREASON, 28. See Forfeiture. TROUBLE. See Trade. Allowance, none for to trustees gen- erally, 545. nor to committees of lunatics, ex- ecutors, mortgagees, receivers, &c., 546; and" see Solicitor. Commission, whether allowed to exe- cutor in East Indies, 547 ; and see note (/i). I X D E X. 807 TROUBLE, continued. ■wlieu to trustees of West India es- tates, 546. Contract, whether trustee may, with c. q. t. for allowance for, 551, et seq. must be fulfilled to the letter, 553. trustee may, with court, before ac- cepting trust, 553, et seq. whether mortgagee may, for allow- ance, 556. Settlor may direct the trustee an al- lo\vance, 550. it will not cease on institution of a suit, 551. amount where not known, settled by reference, 551. TRUST. See Abroad, Advowson, Alien, Breach of trust, C. q. t., Feme Covert, Infant, Overseers, Trustee, Will. Accumulation for, 110, et seq.; see Accumulation, Thellusson Act. Alienation, restriction of, not allow- ed by way of trust, 132 ; but see 123. Averrable at common law, 56. Charitable or public trusts, 23 ; see Charities. Classified, c. ii., p. 21. Consideration for, 81, et seq.; see Consideration, Covenant, Volun- tary Assurance. Construction of, 141, et seq. ; see Construction. Constructive, c. ix., p. 217 ; distin- guished, 140, note (1) ; see Con- structive trusts. Contingent remainders, for preserv- ing, c. XV., p. 404. See Contin- gent Remainders. Created, how ; see Creation of trusts. Creditors for, c. xvii., p. 474; see Debts. cannot be defeated by means of trust, 132, et seq. Declared, how trusts may be, 56, et seq.; see 62, 65. Defined, 15. Delegation of, not permitted, 290, et seq. ; see Delegation. Discretionary, 21; see Discretion- ari/. Duration of, 23, 103, 111. _ Enforced, where consideration valu- al)le or if perfectly created, 81. Estate tail in, 46, 004. Executed and executory distinguish- ed, 144; see Execidori/ trusts. Express, c. vii., p. 140 ; within Stat. of Limitation, 745, 748 ; see Ex- jyress tnists. Frauds, Stat, of, how it afi"ects trusts, c. V. s. 2, p. 60. See Frauds, Stat. of- Imperfect, p. 81, et seq. Implied, c. vii. s, 2, p. 167, et seq. ; distinguished, 140, note (1). Instrumental, explained, 21. Intention will be followed, where lawful, 44, 100, 103. Lawful, ■".. VI. s. 1, p. 103 ; see 22 ; and Uhlaivful trusts. Law, by operation of, 140, note (1); see Operation of Law. Limitation of, compared with legal limitation, 44, 103, et seq. Ministerial, explained, 21. Money followed into land, 206, 762 ; see 753, et seq. Mortmain in, 132. See Mortmain. Nature and origin of, 1 ; of modern trust, 8. administered at first on the princi- ples of uses, 9 ; afterwards treated as an estate, 11, 12. Objects of, c. VI., p. 103. Parol, as to chattels personal, 61 ; but see 66. Perfect, 81, et seq.; see Considera- tion, Voluntary Assurance. Perpetuity cannot be created by, 23, 110, 132 ; but see Public trusts. Powers, distinguished from, 22, see 536, 701, et seq. Precatory, 167, et seq. ; see Implied trusts. Principles governing at present day, 13. Properties of, in analogy to legal estates, c. xxiii. p. 600. assignment of a trust, 600, et seq. ; assets, a trust as, 681, et seq. ; curtesy and dower of a trust, 621, et seq. ; descent of a trust, 680, et seq. ; devise of a trust, 615 ; escheat, whether it affects a trust, 678 ; extents from the crown against a trust, 673, et seq. ; feme covert, her estate in a trust, 627, et seq. ; forfeiture of a trust, 674 ; judgments, how they affect trusts, 646 ; seisin and disseisin of a trust, 617 ; and see these Titles. Property, what may be made the subject of a trust, c. xiv. p. 45. Public explained, 23. Recommendation, whether raised by, 102; see 168. Renewable leaseholds of, c. xiv. p. 383 ; see licneicable Leaseholds. 808 LEWIN ON THE LAW OF TRUSTS, ETC. TRUST, continued. Resulting, c. viii. p. 176 ; see ^e- suUing trusts. Sale, c. XYi. p. 414 ; see Sale, trus- tees for. Secret, 71, et seq., 132; see Heir, Devisee. Separate use of, feme covert for, 120, et seq., 631, et seq. ; see Feme Covert. Settlor, who may be, c. iii. s. 1, p. 24 ; see Settlor. Simple, 2, 21, 585, et seq.; see 597. Special, 2,21, 597. Stat, de donis, not within, 603. Survivorship of, 299 ; see Survivor- ship. Unlawful, 22, 131, 599; see Unlaw- ful trusts. Uses, Stat, of, special trusts not within, 8, 247. Voluntary, 81,101; see Debts, Volun- tary Assurance. "Word " trust" may raise a trust, 1G8. TRUSTEE. See Acceptance, Acci- dent, Breach of trust, Charities, Constructive trust, Contingent Re- mainder, Corjjoration, Costs, Co- trustees, Debts, Disclaimer, Dower trustee, False, Forgery, Fraud, Implied trust. Indemnity, Insol- vent, Insurance, Investment, Judg- ments, Lien, Misconduct, Mistake, Neglect, Notice, Quasi-trustee, Re- ceij)t, Sale, Solicitor. Actions, where to be brought in his name ; see Actions. Accounts, he must be ready with, 599; and see 427, 559. Advantage, shall not derive from trust, 318 ; see Advantage, but see Failure of c. q. t. Allowances to, c. xx. 545 ; see Costs, Expenses, Trouble. Bankruptcy of, 273, 287, 711, 714, 771, 854; see Bankruptcy. Bare, see 318, 460, 536. Bare equity of, 596, 848. Burdens of, 268, et seq., 271. Claim adversely to c. q. t., trustee must not, 325; see 878. Conveyance by, at request of e. q. t., 595 ; of assignee of c. q. t., 600. on sale, 424, et seq. ; see Con- veyance. Custody of trust chattels by, 332. Delegation, may not make, of his office, 290 ; see Delegation. Disability of; see Sale, Trustee Acts. Discharge of, how obtained ; see In- demnity, Release, Relinquishment. Distribution of trust fund by, 3G5, et seq. Duties, how compelled to observe, 718, 723 ; and see Duties. Failure of, remedy of c. q. t. against, c. XXIV. p. 693. Injoined, may be against breach of trust, 723. Laches of, its effect as to right of c. q. t., 719, et seq.; see Laches. Legal estate in its devolution, pro- perties and quantity taken by trustee, c. xi. p. 246 ; see Legal Estate. Liability of; see Co-trustees, Liabi- lity. New, appointment of ; see Neio trus- tees and Trustee Acts. Number of, what is proper, 40, 41, 710 ; see Number. Outstanding trust estate he should get in, 326. Payment by, 372 ; see Payment, Re- ceipts. Possession of trust estate, how he may obtain in court of law, 324, 590. Powers of, general, 512 ; special, 524 ; and see Powers. Privileges and burdens of, 268, et seq. Purchase of trust estate by, 460, et seq.; see Sale, trustees for. Receiver, he cannot be of trust es- tate, 319. Release by or to, 373, et seq. Relinquishment of office, c. xxi. p. 565 ; see Relinquishment. Renewal of lease by, 383, 392 ; see 402. Suit by, 367, 582, 768, 846, 850. Tort of, see 755, 825. Who may be, c. iii. s. 2, p. 30. alien may be, of chattels personal, but not of freeholds or chattels real, 39; bank of England can- not be, 32 ; bankrupts and in- solvents not absolutely disquali- fied, 40, see 711 ; c. q. t. or re- lative generally undesirable, 40, 579 ; corporation maybe, except where in contravention of Sta- tute of Mortmain, 31 ; crown may be, but qu. as to remedy of c. q. t., 30 ; feme covert or sole may be, but undesirable, and why, 34, 35, see 710; infant ought not to be appointed, 35, 895, note (m) ; person domiciled i INDEX. 809 TRUSTEE, continued. abroad generally not a fit trus- tee, 40 ; and see 574, 57G, 710. Words " trustee," " trustee of inheri- tance," construction of, in devise, 250. 'TRUSTEE ACTS, Generally, c. XXVIII. p. 832. Construction of, 7 Anne, c. 19, infancy (as to lands), 832, 833. 4 Geo. 2, c. 10, lunacy (as to lands), 833. 3G Geo. 3, c. 90, infancy, lunacy, &c. (as to stock), 833, 834. amended by 1 & 2 Geo. 4, c. 114, 834. 6 Geo. 4, c. 74, consolidating and extending previous acts, 834. Lord St. Leonards^ Trustee Act, 11 Geo. 4, & 1 W. 4, c. 60, 834, et seq. sections relating to infants (as to land), 835. to lunatics (as to land and stock), 834, 835. _ _ . . to persons out of jurisdiction, &c. (as to land), 835 ; (as to chattels real,) 837 ; (as to stock, &c.), 838. mode of application to court, 839, notes (i) and [k). cases of constructive trusts, speci- fic performance, trustee having interest, 839. See Trustee Act, ss. 2, 30. Tnistee Act, 1850, and Extension Act, 840 ; in extenso, 880, et seq. Colonies, as to, ss. 54, 56. Contingent rights ; see ss. 4, 8, 11, 12,16,18. Conveyance under, 889, note [t), see 895, note {q) ; as to copyholds, 893, note (/) ; see s. 30. of legal estate sufficient where all parties before the court, 881, note (6). Costs under, generally, 901, note («) ; infant trustee, &c., ib. in case of lunatic mortgagee or trustee, 883, note (0 ; of sale, 903, note (c). Decree for conveyance, exchange, partition, sale, specific perform- ance, under, 893, 903 ; see see. 30. Difficulty or expediency of appoint- ing new trustees, &c., 895, notes (m), (n), (o). _ Durham and Lancaster, lands m, s. 21. Evidence on petition, 895, note (j)) ; May, 1858.— 52 of trustees' assent of trustees' fit- ness, ib. ; and see 890, note [w], Orders, inf. Existing trustee, where none, court may appoint new trustees, see 895, note {p) ; Extension Act, s. 9. Infant trustee or mortgagee, ss. 7, 8 ; Extension Act, s. 3 ; see 894, note [k], 895, note (m), 901, note (a). Ireland; see ss. 55, 56, p. 901 ; see note (c). Jui-isdiction, trustee out of, ss. 9, 19, 11, 12, 22; mortgagee, s. 19. Lunatic, personal representatives, s. 6 ; trustee or mortgagee, see ss. 3, 4, 5, 6. Mortgagee, see ss. 4, 5, 7, 8, 19. Number of trustees appointed by court, 895, note (jj). Orders made under by court, on alle- gation evidence thereof, s. 44. Petition, who may present, 896 ; in case of sales, see note [t] ; in lots, 903, note (c) ; service of, 897, note {v) ; and see 890, note {tv) ; 891, note (a). Refusing trustee, ss. 23, 24 ; Exten- sion Act, ss. 2, 4, 5 ; mortgagee, 1 9. Scotland, Trustee Act does not ex- tend to, s. 54; see s. 56. Unborn trustee, s. 16. Unknown heir, &c., of trustee, 13, 14, 15, 22 ; of mortgagee, 19. Vesting order, see ss. 26, 27, 28, 35 ; Extension Act, s. 2 ; as to copy- holds, 893, note (e) ; 904, note {d) ; chose in action, s. 27. in devisees of mortgagor subject to charge, 884, note (k) ; to uses to bar dower, ib. as to estate tail, 885, note (?). in new and continuing trustees as joint tenants, 896, note (r). as to stock, 896, note (•?), 905, note ig). TRUSTEE RELIEF ACTS. See Lunatic (Majority). 10 & 11 Vict. c. 96, p. 375, et seq. ; General Orders under, 379, 381 ; Amendment Acts, 12 & 13 Vict, c. 74, p. 381 ; and as to money, &c., belonging to charitv, see IS & 19 Vict. c. 124, s. 22, p. 382. affidavit by trustees, 379, 376, note (s) ; Petition, inf. application by petition (not motion, nor in the first instance at cham- bers.) 378, note (?/). account, heading' of, 376, note (?<) ; and see note \t). 810 LEWIN ON THE LAW OF TRUSTS, ETC TRUSTEE RELIEF ACTS, continu- ed. costs of trustees, 376, note {s) ; 378, note (?/) ; 380, note («) ; see 377, note {x). out of what fund, 380, note (a). on petition by tenant for life for payment of dividends, ib. discharge, how far payment into court is, 377, note {x). inquiry or issue, court may direct, 377, note {iv), 378, note (z). payment into court, after, proceed- ings must be under the act, 376, note (;•) ; see also 377, notes {v) and («•). petition, trustees can, but should not, present, 378, note {y). by claimant in forma pauperis, ib. how far it should set out affidavit of trustee, 378, note [ij). what order may be made upon, 378, note (>/). service on trustee, 380, note {a) ; on claimant, 381, note (6). subject matter of payment or trans- fer, what may be, 375, et seq., 375, note (c). suit, when directed, 378, note (?/). UNCERTAINTY, Implied trusts not raised where it exists, 168. of objects of trusts, 169 ; of sub- ject matter of trust, 170. Resulting trust, on conveyance where trusts too vague, 181. UNDER-LESSEES, fines of, 392. UNFITNESS, of trustee, 574, 710, 711. UNLAWFUL TRUSTS, C. Ti. s. 2, p. 131 ; and see 22, 71, 73,182,599. Alien for, 132 ; alienation (restraint against,) 132, et seq. ; charity for, 132 ; chattels, limitations of, 131 ; corporation for, 131. illegitimate child (future), 131 ; maintenance, 133; simony, 136; splitting votes, 137 ; and see those titles and Cohabitation, Mort- main, Secret Trusts. Consequences of creating, 137. estate may be recovered by person claiming under settlor, 138 ; or by settlor himself, where no fraud, 139 ; otherwise court will not interfere, 137, et seq. USAGE, how far evidence in construction of religious trust, 497. USE, Averrable, 56 ; but not where deed required to pass estate, 57 ; and see 6, note (1). Charitable. See Cliaritahle Uses. Defined, 2. Devisable before statute, 615. Disclaimer of, 236. Estate on which it could be declar- ed, 5 ; whether on a feoffment in tail, 5 ; and see 7, note (1) ; whe- ther upon an estate for life, 5, 6, note (1), 7, note (1). Executed under statute, whether de- signated as trust or use, 246, 254. Powers before Statute of Uses, 537, note (1). Trusts, special, and of chattels ex- cepted from, 7, 247. USUAL POWERS, what powers authorized by these words, 164, note (x), 165. how qualified by context, 165. VALUATION, how trustee for sale should make, 421. VALUE. See Consideration, Invest- ment. VARY, power to vary securities, 523 ; see 169. whether it implies power to give re- ceipts, 523 ; a " usual power," 164. VENDOR, a trustee sub modo for purchaser, 175. accountable to purchasers for rents, &c., unhusbandlike farming, wil- ful waste or neglect, 174. VESTING ORDER. See T)-usiee Acts. VESTRY, 109. See ParisJiioners. VISITOR, Crown is in civil corporations, by Court of Queen's Bench, 495. may be in eleemosynary corpora- tions, by terms of foundation, or where heir of founder unknown or lunatic, 495. visitatorial power committed to lord chancellor, 495. Office of, he must follow statutes of the founder, 492. whether his decision can be ap- pealed against, 492. new donations distinguished, in respect of visitatorial power from original endowment, 493. IXDEX. 811 VOID. See Infant, Lunatic. Accumulation. See Accumulation, Thellusson Act. Trust. See Duration, Mortmain, Perxietuity, Uncertainty. VOIDABLE. See Infant, Lunatic, Voluntary Settlement. VOLUNTARY AQREEMENT. See Covenant, not specifically executed tlaough under seal, 93, 94, and comp. 207. how far provable in equity as a debt, 94: note ie). VOLUNTARY 'assurance. See Consideration, Meritorious. Trusts supported if perfectly created, 81. not perfectly created when further act intended, 81. once perfectly created is not sub- sequently defeasible, 99 ; comp., 207, 215. distinction between voluntary as- signment of expectancy and in- terest, 92. no trust unless intention to create it, 100. Equitable property, of, where settlor declares himself trustee, trust is perfectly created, 82. where settlor appoints stranger trustee, assignment to new trus- tee sufficient, 89. and good against assignor without notice to former trustee, 91 ; see 280, note {ij). where new trustee created without new trustee, 91. assignmentto stranger for his own benefit, 91. Legal property where settlor declares himself trustee, trust is perfectly created, 82. where settlor appoints stranger trust transfer necessary, if pos- sible, e. g. in land, chattels, or stock, 84. case of legal pi-operty incapable of legal transfer, e. g., chose in action, 85 ; and see 89. VOLUNTARY SETTLEMENT, Land or chatties real, of, defeasible by subsequent sale by settlor, 92. but not by settlor's heir or devisee, 93. c. q.t. cannot prevent sale or obtain redress, 93. settlor cannot enforce contract for sale against purchaser, but pur- chaser may against settlor, 93. power of settlor to defeat by sale, not a disposing power under 1 & 2 Vict. 110, s. 11, 13 ; G(3G, note (a), real or personal estate, of, by one indebted, defeasible by creditor, 93. Trustees of, bound to preserve con- tingent remainders, 405. VOLUNTARY TRUST. See Debts, Vohmtary Assurance. VOLUNTEER, Assign of trust estate presumed to have notice, 19 ; and see 224, 228, 279, 406. Trust estate followed in his hands, 724. Time no bar in case of express trust, 745. as to constructive trust, see 729, 733. VOTES. See Member of Parliament, Parisliioners. purchase for purpose of giving, 137 ; does not raise resulting trust, 203. VOUCHERS, c. q. t. may inspect, but must pay for copies of, 428; and see 599. Trustees may keep, 428. need not be kept for ever, 741 ; lost, 739. WAIVER, what is, 737. what consideration sufficient for, 737. WARD. See Guardian. WASTE, Equitable, 225. Permissive, by equitable tenant for life, 514 ; by legal tenant for life, 514, note («). Tenant for life without impeachment of, trustees should not purchase wood estate in his favour, 421. Trustees to preserve, their duty to prevent, 408, 413. WASTING PROPERTY, as leaseholds, long annuities, where to be converted, 808, et seq. See Conversion. WEST INDIES, equities relating to estate in, en- forced here, 47 ; and see Jfuri-s- diction. trustees for estates there, whether entitled to commission, 546. WESTMINSTER, Stat, of, 647. WIFE. See Feme Covert. WILFUL DEFAULT, account for, not given on further directions, 765. 812 LEWIN ON THE LAVv^ OF TRUSTS, ETC. WILFUL DEFAULT, continued. where directed, 752, see 766. WILL. See Deed. Wills, Stat. of. Ambulatory till testator's death, 66. Consideration it implies, 58, 167. Copyholds of, 45, see note {«), 60 ; see note (1) ; of equitable estate in, 45, 615, 616 : where no cus- tom to devise legal estate, 45, 616. under late Wills Act, 60, 617. Customary freeholds, of, 617 ; equi- table estate, in, 617. Executory trusts, construction of in wills, 153, et seq. ; see Executory trusts. Feme covert of, as to separate estate, 642. Freeholds of, under Stat, of Frauds, 65; equitable estate, in, 615. under late Wills Act, 617. Infant of fourteen might formerly make, of personal estate ; secus now, 27. Land of, to be converted into money, 807. Money of, to be laid out in land, 796. Power to appoint by, contemplates those who answer description at death of donee, 170, 704 ; and see Assets. Personal estate of, under Statute of Frauds, 65 ; under late Wills Act 617. Settlement, will distinguished from as regards duties of trustees to preserve, 410. Sovereign of, 25. Stock of, how formerly made, 32, note (1). U^se, devise of, 615. devise to uses, construction as to, 258. WILLING AND DESIRING, may create a trust, 167. WILLS, Statutes of, c. v. s. 3, p. 65; see Leg(d Estate, liesiduarij (devise). trusts cannot be created by devise or bequest without formalities re quired for wills, 66 ; see as to personal estate, 68, and see 69, note (rt). except in case of charge of debts and legacies on real estates before 1st Jan., 1838, 69 ; (and how far exception extends), and in case of fraud, 70. devise to uses, 258. WISHING AND REQUESTING. WORDS. See Consent, Construction, Executory Trusts, Grant, Invest- ment, Technical Terms; " heirs,"' 141 ; " heir male," 154 ; " heirs female," 149 ; " heirs of the body," see this title ; " issue," 149, 156 ; "it shall be lawful," see 386;" " shall and may," in act of parlia- ment, 301, note (c) ; "request," " require," see these titles, " sub- ject thereto," 191; "trustee," " trustee of inheritance," 250. implying restraint against anticipa- tion, 123, 632, note {to) ; separate use, 121, et seq. ; trust, 107 ; but seel70, 171. supplied in articles, 153. WORSHIP OF GOD, construction of trust for maintain- ing, 497, et seq. WRITS OF, distringas, see Distringas, 860, et seq. execution at common law, 646. WRITING, Assignment of equitable interest by, 600. Request for sale to be testified by, 419. Trust, note in (not under seal) suffi- cient to declare, 56. but in case, of wills, see Qd, 68, and 69, note (a). Trustee may sue before having ac- cepted the trust by, 243. n 1 m W IffS rr^ UC SOUTHERN REGIONAL LIBRARY FACILITY AA 000 758 355 2 ^lOS-ANGEl \)t-lAi!iUii/{^ 11F0% •r?130NV-SOV ^vOl^ ,?^nA!Nni\^ ^^^lOS-ANGEL£j^. Si ■I