In Re Walker’s Settlement; Corpn Of The Royal Exchange Assurance v Walker

Subject Matter

TRUST — Investment — Powers of trustees to concur in scheme of arrangement — Public utility company — Proposed transfer of capital to holding company — Exchange of stocks — No transfer of undertaking — Whether an amalgamation with another company — Trustee Act, 1925 (15 Geo. 5, c. 19), s. 10, sub-s. 3 (c).

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