Entail – Powers of Feuing and Leasing- Interest of Debt.-
1. Question, whether an heir of entail in possession is bound to keep down the interest of the debt on the estate during his possession. 2. Where power was reserved in the entail to grant feus and long tacks. Held that the powers exercised in virtue of this reservation did not fall within the fair and rational administration of the estate, and therefore feus of the greater part of the estate, together with leases of the mansion house and grounds, and sale of growing wood, reduced.
[1756] UKHL 1 – Paton – 618
Bailii
Scotland
Land
Updated: 12 January 2022; Ref: scu.558233