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16
Suits in pendency
(7 §. Benefits
20
Trusts that is
other-person-serving
powers
Trusts. A purse of in any shape established for the benefit of the purse holder
is termed simply a purse: a power in any shape in so far as established
for the benefit of a person other than the power holder is termed
a trust: hence the corresponding denomination 1. Self-serving power; 2. other-person-serving
power — in one word a trust
Judicial operations
performable
1. Creation
2 Transfer
3 Extinction
4 Enforcement
Judicial operations performable in relation to a trust considered
as constituting their subject matter, these
1 Creation
2. Transfer from hand to hand
3. Extinction
4. Enforcement of the execution: effected by causing the individual
to render the service to for the rendering of which he stands engaged
by the creation of the trust
21
Distinction between
self serving power and
trust by departure from
integrality value of
self serving power
diminished usefulness
of trust encreased
Note that between a self serving power and a trust has
place the this one marked distinction. 1 By even departure from
integrality, the value usefulness of a self serving power is in every case diminished.
2. by departure from integrality, the usefulness of the trust is
encreased: encreased that is to say in respect of the additional
security obtained for the due execution and fulfilment of
the trust
22
Hence the demand
for transfers of trusts
from hand to hand
How for the transfer of a trust from hand to hand that a
need and demand which has not place for the transfer of a
self-serving power from hand to hand: a man of sound mind
and mature age not standing in need of another to restrain him
from destroying deteriorating or alienating a thing the benefit from which is designed
by him from for himself: but, in but too large a proportion
great a degree of frequency a man standing the in need of
others, one or more to prevent him from destroying deteriorating
or alienating a thing belonging to persons one or more other than
himself.
23
To this head belong
bills for establishment
& administration of
Charities
To this head belong Bills for the establishment and administration
of Charities. Distinguished from trusts at large stands a Charity trust by
this circumstance. When benefit conferred the planned and official aim is sympathy
for the intended benefiter or benefiters commonly susceptible of benefiting sympathy
for other than that of radical or domestic relationship: in a word by a
consideration of a susceptible
nature.
Identifier: | JB/081/122/001 "JB/" can not be assigned to a declared number type with value 81.
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1829-04-30 |
20-23 |
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081 |
petition for justice |
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122 |
petitions |
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001 |
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text sheet |
1 |
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recto |
e7 / f16 |
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jeremy bentham |
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25909 |
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