Misplaced Pages

Re Bowes

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

Re Bowes
CourtHigh Court
Citation 1 Ch 507
Keywords
Certainty, express trusts

Re Bowes 1 Ch 507 is an English trusts law case, concerning the policy of the "beneficiary principle". It held that a trust which uses words relating to a purpose of doing something, but ultimately for the benefit of a group of people, can be construed as being for the benefit of those people. The consequence is that the people may exercise their right to dissolve the trust, according to Saunders v Vautier.

Facts

John Bowes in his will left his estate to the Earl of Strathmore for life, and then the rest in tail. But included, was a gift of £5000 to the trustees for ‘planting trees for shelter on the Wemmergill estate’. There was much more money than needed for planting trees.

Judgment

North J held that the trust was for the benefit of the owners of the estate. Hence the residents could use the surplus money in the way they chose.

See also

Trust enforceability cases
Morice v Bishop of Durham EWHC Ch J80
Saunders v Vautier (1841) EWHC Ch J82
Re Astor's Settlement Trusts Ch 534
Re Andrew's Trusts 2 Ch 48
Re Shaw 1 WLR 729
Re Endacott EWCA Civ 5
Re Denley's Trust Deed 1 Ch 373
Re Osoba EWCA Civ 3
Recognition of Trusts Act 1987, Sch 1, art 18
Bermuda Trusts (Special Provisions) Act 1989 ss 12A and 12B
Twinsectra Ltd v Yardley UKHL 12
Perpetuities and Accumulations Act 1964 ss 1 and 3
Perpetuities and Accumulations Act 2009 ss 5, 7-11
Beneficiary principle and English trusts law

Notes

References

Categories:
Re Bowes Add topic