In re Hales's Settlement - (1909) 28 NZLR 769

Trustee — Power to advance up to One-half of Expectant Share — Discretion — How Expectant Share valued — Power to make such Investments as permitted by Law of England — Power to lend on First Mortgage in New Zealand — Mortgage over Land purchased for Beneficiary out of Advance — Duty of Trustees in connection with Advance.