Private trust

One established or created for the banefit of a certain designated individual or individuals, or a known person or class of persons, clearly identified or capable of identification by the terms of the instrument creating the trust, as distinguished from trusis for public instifutions or charitable uses. See Pennoyer v. Wadhams, 20 Or. 274, 25 Pac. 720, 11 In It. A. 210; Doyle v. Whalen, 87 Me. 414, 32 Atl. 1022, 31 In R. A. 118; Brooks v. Belfast, 90 Me. 318, 38 Atl. 222.

Defined under Trust in Black's Law Dictionary.