In Re Lowry's Trust Logan v Lowry - [1948] NZLR 738

Trusts and Trustees — Declaration of Trust — Son given one Equal Undivided Third Share of Income arising from Settled Fund — Subject thereto, such of his Two Sons attaining Twenty-two Years entitled to Whole of Settled Fund — Life or Absolute Interest — Powers of Trustees — Maintenance, Education, or Advancement of Infant Grandsons — Investment of Accumulated Income — Trustee Amendment Act, 1946, ss 4, 5.