Horne v Horne - (1906) 26 NZLR 1208

Land Transfer Act — Lease under — Option to purchase — Option including Lands not under Act — Whether registrable — Effect if registered and transferred to bona fide Purchaser — Will — Power to Trustees to sell or lease and to postpone Sale — Whether power to grant Option to Purchase — Breach of Trust — Trustees also Beneficiaries — Whether bound as to their Interests — Specific Performance — Compensation — Statute of Frauds — Waiver of by Trustees — "The Land Transfer Act, 1885," Section 87.