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:
Jurisdiction:
England and Wales
Land
Updated: 18 May 2022; Ref: scu.377032