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Re Montagu's Settlement Trusts
''Re Montagu's Settlement Trusts'' () Ch 264 is an English trusts law case, concerning breach of trust and knowing receipt of trust property.
==Facts==
In December 1923, the future tenth Duke of Manchester assigned his trustees, under clause 14, 'all articles of furniture plate pictures and other chattels' that he would be entitled to after the ninth Duke’s death, and under clause 14(B) the trustees should make an inventory of the chattels, which would be included in the settlement, and hold the residue for the future tenth duty absolutely. When the ninth Duke died in February 1947 the trustees did not make the inventory, and released them to the tenth Duke. His solicitor knew that this was not following clause 14(B), but said in a letter on 15 November 1948 that he was free to sell the items. The Duke sold some. He died in 1977. The eleventh Duke brought a claim for breach of trust by failing to make any selection or an inventory of the chattels, and release them all to the tenth Duke, who was a constructive trustee when he received them.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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