Summary

Portrait of Stephen Johnson Field Stephen Johnson Field Townsend v. Greeley — Opinion of the Court

It is therefore now the settled law that the municipal lands held by the city of San Francisco, as successor to the former pueblo existing there, are not held in absolute property, but in trust for its inhabitants. Trust property, thus held, is not the subject of seizure and sale under judgment and execution against the trustee, whether that trustee be a natural or an artificial person.
Source: Wikisource

Portrait of Stephen Johnson Field Stephen Johnson Field Townsend v. Greeley — Opinion of the Court

It may be difficult to state with precision the exact nature of the right or title which the pueblos held in these lands. It was not an indefeasible estate; ownership of the lands in the pueblos could not in strictness be affirmed. It amounted in truth to little more than a restricted and qualified right to alienate portions of the land to its inhabitants for building or cultivation, and to use the remainder for commons, for pasture-lands, or as a source of revenue, or for other public purposes.
Source: Wikisource

Portrait of Stephen Johnson Field Stephen Johnson Field Townsend v. Greeley — Opinion of the Court

But if the trust was not stated, and did not appear, the legal title was none the less subject to the same trust in the hands of the claimant.
By the laws of Mexico, in force at the date of the acquisition of the country, pueblos or towns were entitled, for their benefit and the benefit of their inhabitants, to the use of lands constituting the site of such pueblos and towns, and of adjoining lands, within certain prescribed limits.
Source: Wikisource

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