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Simple Trust

Defined in 4 dictionaries — Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910)

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

A simple or passive trust corresponds with the ancient use, and is where property is simply vested in one person for the use of another, and the nature of the trust, not being qualified by the settler, is left to the construction of law. It differs from a "special trust," in that the trustee performs no duty. 7 Watts & S. (Pa.) 25; 2 Bouv. Inst, note 1896. See "Trust."

Ballentine's Law Dictionary

James A. Ballentine · 1916

One giving the cestui a right, to the possession, control and disposal of the property. See 98 Am. Dec. 356, note.

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

A simple trust corresponds with the ancient use, and is where property is simply vested in one person for the use of another, and the nature of the trust, not being qualified by the settlor, is left to the construction of law. It differs from a special trust. 2 Bouvier, Inst. n. 1896.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

A simple trust corresponds with the ancient use, and is where property is simply vested in one person for the use of another, and the nature of the trust, not being qualified by the settler, is left to the construction of law. It differs from a special trust. Perkins v. Brinkley, 133 N. C. 154. 45 S. E. 541; Cone v. Dunham, 59 Co.nn. 145. 20 Atl. 311, 8 L. R. A. 647; Dodson v. Bali, 60 Pa. 500. 100 Am. Dec. 586

Defined under Trust in Black's Law Dictionary.