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1826. July 31.
Penal Code.Ch. XI. Offences affecting agst affecting Trust.
§. 1.
Trusts private and public
Division of trusts not 1. personal and complexthose affecting condition in life
2. of which complex are composed
1. Are of person
2. Are of property: viz. in all its several shapes or modifications.
Ch. XI.
Offences against affecting trust
§. 1. Expo Expositive Trust what – parties concerned
Expositive
Art. 1. A trust has place – a trust is created and
conferred, in so far as power is possessed by one person
for the purpose of being exercised for the benefit
of another. The person by whom it is possessed is
stiled a Trustee: the person for whose benefit it
is possessed, call him the intended benefitee, the
person by whom the trust has been created and
conferred call him Trustor.
Instructional
Art. 2. By any number
of persons, each of these several situations may
be occupied, and are actually in use to be occupied:
the situation of trustor and trustee may be
occupied by the same person: the situation of Trustor
and benefitee may be occupied by the same person:
the situation of Trustee and benefitee may be occupied
by the same person. A may may possess a power
in trust to be exercised for his own benefit and that
of others, and this state of things is frequented in common
use exemplified.
During
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