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[1741] Mor 16201      

Subject_1 TRUST.

Rankine and Others,
v.
Gairdner

Date: 24 November 1741
Case No. No. 38.

Powers of a trustee for selling an estate, and paying creditors.


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Found, That where a disposition was granted to a trustee, with power to dispose of the subject, and to apply the price to the disponer's creditors, such trustee may lawfully pay primo venienti, the same being done bona fide.

Kilkerran, No. 2. p. 581.

The electronic version of the text was provided by the Scottish Council of Law Reporting     


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URL: http://www.bailii.org/scot/cases/ScotCS/1741/Mor3716201-038.html