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Ch. Judicial Application
(3 §.
8
Self constituted trustee
Art. In some case the trustor and trustee
may be the same person: in these cases the trustor is a
self-constituted trustee or say an unauthorized uncommissioned trustee
9
Case when Trustee & benefitendary
the same.
Art. When it is by the benefitendary that
under the sanction of the law the trust is created, and a
trustee person or persons constituted and treated trustee or
trustees, it is by contract between the such benefitendary and
the trust on the one part and the trustee or trustees on the
other.
10
Examples of trusts
created by law
Art. Examples of trusts and trustees created
by act of law without the instrumentality of any person
or persons are as follows
1 Husband acting for
his wife
1. A Husband acting and applying on account of his
wife.
2 Father for children
under age
2. A Father, in quality of natural that is to say law-treated
Guardian to his child son or daughter under age.
3 Mother for children
in default of husband
4 A Mother in default of her husband in quality
of natural that is to say law-treated Guardian to her
child son or daughter under age
4 Guardian in case of
need for children
5. A Guardian in the case where within need of her own instrumentality
he a person is law-treated as such, in relation to a
person under age
5 Guardian of lunatics
6. A Guardian in the case where without and of his own
instrumentality, a person is constituted such with relation
to a person labouring under mental derangement.
Identifier: | JB/052/290/001 "JB/" can not be assigned to a declared number type with value 52.
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1825-02-23 |
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