Pickering v Izard - [1937] NZLR 19

Trusts and Trustees — Duties of Trustees — Trustees of Will under Scheme of Distribution raising Money on Security on Mortgage of Part of Testator's Estate — Life Tenant declining to take Conveyance of Life Estate, managing letting of Property and Collection of Rents, and, although such Rents more than sufficient to discharge all Outgoings for Interest and Rates, allowing Interest and Rates to fall into arrears — Whether Trustees liable for Negligence.