The Law of Trusts and Trustees: Under the Trustee Act 1888, the Trust Investment Act 1889, the Trustee Act 1893, the Trustee Act 1893 Amendment Act 1894, and the Judicial Trustees Act 1896, with Explanatory Notes, the Rules of Court Under the Trustee Act 1893 and the Judicial Trustees Act 1896, a Complete List of Trust Investments, Numerous Forms, and an IndexJordan, 1898 - 366 pages |
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Common terms and phrases
14 Vict 53 Vict Act of Parliament administration affidavit amount annuities Appendix application appointing new trustees authorised Bank of England Beav behalf beneficiary breach of trust cause or matter certificate Chancery Division chose in action consent continuing trustees Conveyancing Act copyhold County Court creating the trust Debenture debt deceased deed directed dividends enacted executors exercise funds in Court hereditaments High Court infra interest Ireland judicial trustee jurisdiction leaseholds Ledger Credit liable loan lodged in Court Lunacy Manchester Royal Infirmary mortgage paid payable Paymaster Paymaster-General Payment into Court personal representative power to invest present Act provisions purchaser Railway re-enactment real estate receipt redeemable referred repealed request respect Rules Section 25 Section 50 Section 51 Section applies securities Settlement solicitor Sub-section summons Supreme Court therein thereof Three per Cent transfer trust estate trust funds trust instrument trust money trust property Trustee Act vesting order
Popular passages
Page 107 - A person shown not to have been heard of for seven years by those (if any) who, if he had been alive, would naturally have heard of him, is presumed to be dead, unless the circumstances of the case are such as to account for his not being heard of without assuming his death...
Page 3 - In any action or other proceeding against a trustee, or any person claiming through him, except where the claim is founded upon any fraud or fraudulent breach of trust to which the trustee was party or privy, or is to recover trust property, or the proceeds thereof still retained by the trustee, or previously received by the trustee and converted to his use...
Page 86 - ... receipts, neglects or defaults, and not for those of each other, nor for any banker, broker or other person with whom any trust moneys or securities may be deposited...
Page 79 - The receipt in writing of any trustees or trustee for any money, securities, or other personal property or effects payable, transferable, or deliverable to them or him under any trust or power shall be a sufficient discharge for the same, and shall effectually exonerate the person paying, transferring, or delivering the same from seeing to the application or being answerable for any loss or misapplication thereof.
Page 42 - This Act. for the purposes of consolidation, repeals Section 3 of the Act referred to (see Section 51 and Schedule), and re-enacts it (see Section 15, infra). By Section 13 of The Conveyancing and Law of Property Act. 1881 (44 & 45 Viet.
Page 23 - In nominal or inscribed stock issued, or to be issued, by the corporation of any municipal borough, having according to the returns of the last census prior to the date of investment a population exceeding fifty thousand, or by any county council, under the authority of any Act of Parliament or Provisional Order...
Page 21 - A trustee may, unless expressly forbidden by the instrument (if any) creating the trust, invest any trust funds in his hands, whether at the time in a state of investment or not...
Page 52 - This section applies only if and as far as a contrary intention is not expressed...
Page 46 - ... or no such person able and willing to act, then the surviving or continuing trustees or trustee for the time being, or the personal representatives of the last surviving or continuing trustee, may, by writing, appoint another person or other persons to be a trustee or trustees in the place of the trustee dead, remaining out of the United Kingdom, desiring to be discharged, refusing or being unfit, or being incapable, as aforesaid.
Page 30 - ... which is liable to be redeemed within fifteen years of the date of purchase at par or at some other fixed rate, or purchase any such stock as is mentioned or referred to in the...