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Executed trust

Matched in: Term Executed trust

executed trust

Matched in: Term executed trust

Trust

Matched in: Term Trust

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Uses

trust. See OFFICIAL USE; ACTIVE USE; PASSIVE TRUST, and infra. Uses may be classified as:- I. Present or executed; distributable into:- (a) Those arising by act of parties, which were created either- (1) By express declaration in

Consideration

is not within the limits of human capacity. Lex neminem cogit ad vana aut impossibilia; see ILLEGALITY. (c) Executed consideration, i.e., already performed before the making of the defendant's promise, but if the past or executed consideration … v. Atkinson, (1861) 1 B&S 393; Re Empress Engineering Co., (1880) 16 Ch D 125; but if a trust be created for the third party, there is a departure from the rule and the third party can

Cy-pres

manner different from that intended, except so far as it is seen that the intention cannot be literally executed. In that case another mode will be adopted consistent with the general intention, so as to execute it, … length. But this sensible distinction now prevails, that the court will not decree the execution of a charitable trust in a manner different from that intended, except so far as it is seen that the intention cannot

trust

Matched in: Term trust

Charitable uses and trusts

any charitable uses, unless such gift, etc., should be made by deed (thus entirely excluding gifts by will) executed twelve months before the death of the donor and be enrolled in the court of Chancery within six … Charitable uses and trusts. 9 Geo. 2, c. 26, commonly called 'The Mortmain Act,' 1735, after reciting that ifts or alienations of

Deed

(English) Real Property Act, 1845 (8 & 9 Vict. c. 106), s. 5, enacts that under an indenture executed after the 1st October, 1845, an immediate estate or interest in any tenements or hereditaments, and the benefit … lesser. Then consenting parties and covenantors. After these, those who take any estate or interest, and, amongst these, trustees follow real owners. Lastly, those who are inserted to fix them with notice of the deed, as creditors,

Mortmain

land, or money to be laid out inland, might be given for any charitable use except by deed executed twelve months before the death of the donor, and enrolled within six months after execution. This Act, as … 1891 (54 & 55 Vict. c. 73), in the manner pointed out under the title CHARITABLE USES AND TRUSTS. in regard to assurances of land or personalty or enactments declaring a charitable use executed after 1925, alterations

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