Summary

Samuel Nelson Stanley v. Colt — Opinion of the Court

It is a rule of law that where trustees are named in a will it is not necessary that the testator should say in terms that he gives the legal estate to them. Nor that he should describe the quantity of legal estate which he intends to give them. If trustees are named the law looks to see what powers are conferred upon them and what duties are required of them, and then considers that it was the testator's intention to give them such a legal estate as would enable them to execute those powers and discharge those duties.
Source: Wikisource

Samuel Nelson Stanley v. Colt — Opinion of the Court

The distinction between a power and a trust is marked and obvious. Powers, as Chief Justice Wilmot observed, are never imperative; they leave the act to be done at the will of the party to whom they are given. Trusts are always imperative, and are obligatory upon the conscience of the party intrusted. [107]
Our conclusion is, that the construction urged by the plaintiffs, of the will, importing a condition, a breach of which forfeits the devise, is not well founded.
Source: Wikisource

Samuel Nelson Stanley v. Colt — Opinion of the Court

A charity is never, so to speak, sui juris; it is under perpetual guardianship, and its guardian is the State. It is for this reason that the trustees are prim a facie guilty of a breach of trust in selling the estate of a charity without authority derived from the State. And we submit that it is not in the power of a donor to a charity so to fetter the State as to prevent the sovereign power from authorizing a lawful disposition of the estate given to the charity, its ward, when it is clearly made to appear that it will be for the interest of the charity.
Source: Wikisource

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