Earl of Peterborough v Mordaunt: 21 Feb 1760

A. created a trust for the payment of incumbrances out of the rents and profits of his real estate, part of which being subject to the arrears of a rent charge to the crown, was discharged by a privy seal, provided l5000 be paid to B. and C.. for securing which a term was created by act of Parliament ; held, that this was a debt affecting the estate, and not within the trusts of the deed, and therefore that the tenants for life must keep down the interest.

Citations:

[1760] EngR 693, (1760) 1 Eden 474, (1760) 28 ER 769

Links:

Commonlii

Jurisdiction:

England and Wales

Land

Updated: 18 May 2022; Ref: scu.377032