BAILII is celebrating 24 years of free online access to the law! Would you consider making a contribution?
No donation is too small. If every visitor before 31 December gives just £1, it will have a significant impact on BAILII's ability to continue providing free access to the law.
Thank you very much for your support!
[Home] [Databases] [World Law] [Multidatabase Search] [Help] [Feedback] | ||
England and Wales High Court (Chancery Division) Decisions |
||
You are here: BAILII >> Databases >> England and Wales High Court (Chancery Division) Decisions >> Abrahams v Trustee in Bankruptcy of Abrahams [1999] EWHC Ch 253 (13 July 1999) URL: http://www.bailii.org/ew/cases/EWHC/Ch/1999/253.html Cite as: [1999] EWHC Ch 253 |
[New search] [Printable RTF version] [Help]
CHANCERY DIVISION
Strand, London WC2A 2LL. |
||
B e f o r e :
____________________
LISELOTTE MYRUP ABRAHAMS | ||
(Plaintiff) | ||
-and- | ||
THE TRUSTEE OF THE PROPERTY OF | ||
ANTHONY EMMANUEL ABRAHAMS | ||
(Defendant) |
____________________
Transcript prepared by R & W Shorthand Services,
196-200 Hatfield Road, Fleetville, St. Albans,
Hertfordshire, AL1 4LS. Tel: 01727 844503.
Official Court Tape Transcribers.
MISS L HILLIARD appeared on behalf of the Defendant.
____________________
Crown Copyright ©
13th July 1999
APPROVED JUDGMENT
"Members of the syndicate, other than Mr. and Mrs. Abrahams have been asked to state their understanding of the rules and they have signed that the rules of the syndicate are:-
(i) The maximum number of members is fifteen.
(2) The share for each member is one-fifteenth or an equal distribution between the number of members if less than fifteen.
(3) Each member may only have one share.
(4) When a vacancy occurs in the membership it is offered outside the syndicate.
(5) Members retire from the syndicate by giving notice to the syndicate either verbally or in writing, or by the syndicate giving notice of the member's default in paying the weekly subscription."
"My wife had previously registered the dog with the kennels in contemplation of leaving him there over Christmas and signed the kennel owner's terms and conditions agreeing to be responsible for any fees."
"1. Presumption of resulting trust to real purchaser. (a) The Principle. Another common case of an implied or resulting trust is where on a purchase property is conveyed into the name of someone other than the purchaser. "The clear result of all the cases, without a single exception, is, that the trust of a legal estate, whether freehold, copyhold, or leasehold; whether taken in the names of the purchasers and others jointly, or in the names of others without that of the purchaser; whether in one name or several; whether jointly or successive, results to the man who advances the purchase-money. This is a general proposition supported by all the cases, and there is nothing to contradict it; and it goes on a strict analogy to the rule of common law, that where a feoffment is made without consideration, the use results to the feoffor." The doctrine applies to pure personalty as well as land."
"Acts and declarations admissible. The acts and declarations of the parties before or at the time of the purchase, or so immediately after it as to constitute a part of the transaction, are admissible in evidence either for or against the party who did the act or made the declaration; subsequent acts and declarations are only admissible as evidence against the party who made them, and not in his favour."
"Treating the matter purely as a matter of construction, I am quite unable to accept that the word 'property' when it is used in the definition of property is intended to describe anything other than an existing item. In other words, I do not accept that it is susceptible and referring to something which has no present existence but may possibly come into existence on some uncertain event in the future. There seems to me to be a very clear distinction between the two situations. The first is where there is a contingent interest in property, for example the right to receive £50,000 under a legacy contingently on attaining the age of 'x' years when one is 'x' minus 'y' years old. That is an interest which is contingent in the future, but if there is a trust fund, which I assume in my example there is, there is existing property in respect of which there is a contingent interest, that seems to me quite different from the second situation, the possibility of achieving an interest in something which presently does not exist but may exist in the future. Examples might be the owner of a Lottery ticket in relation to the prize that may perhaps at the end of the following week arise in his or her possession. Similarly the person who has filled in the coupon on the football pools might perhaps become entitled to property should that coupon have been successfully filled. In neither case there can it be described as a futural contingent interest arising out of or incidental to property because there is no underlying existing property which, or the proceeds of sale of which, are susceptible to the existence of the proprietary interest even a future one. It seems to me that the Trustee's argument purely as a matter of construction of the 1986 Act and the definition or enlargement of the concept of property which is contained in it cannot succeed."