The Weekly Law Reports
[1974] 3 WLR 256
[COURT OF APPEAL]
In re
VANDERVELL'S TRUSTS (No. 2)
WHITE AND OTHERS v. VANDERVELL TRUSTEES LTD.
[1968 V. No. 935]
1974 June 12,
13,
14,
17;
July 3
July 3
Lord Denning M.R., Stephenson and Lawton L.JJ.
Trusts
— Resulting trust
— Settlement
— Settlor transferring shares to charity
— Option to buy shares exercised by trustees of family settlement
— Price paid out of settlement funds
— Intention of trust for settlement evinced
— Extinction of resulting trust by exercise of option
— Whether “disposition of an equitable interest or trust”
— Whether writing necessary
— Whether material facts pleaded
—
Law of Property Act 1925 (15 & 16 Geo. 5, c. 20), ss. 53 (1) (c), 205 (1) (ii)
—
R.S.C., Ord. 18, r. 7