A bequest of the residue of personal estate for such religious and charitable institutions and purposes within the kingdom of England, as in the opinion of the testator’s trustees should be deemed fit and proper, is a good charitable bequest.
A bequest of money, directed to be laid out on mortgage security, at the highest
interest that could be legally and safely obtained for the same, held to be void
under the Mortmain Act.
Citations:
[1836] EngR 681, (1836) 1 Keen 224, (1836) 48 ER 292
Links:
Jurisdiction:
England and Wales
Wills and Probate
Updated: 17 September 2022; Ref: scu.315013
