Public Trustee v Ferguson - [1947] NZLR 746

Settlement — Deed of Settlement by Father — Trust to apply Income of Settled Fund during Settlor's Lifetime for Maintenance and Benefit of his Children at Discretion of Trustees — Trustees after Settlor's Death to Divide Capital as well as Income equally amongst such Children as should Survive Settlor and attain Twenty-one — Adoption by Other Persons of One of such Children after Date of Settlement — Assignment to Settlor by Daughter of her Interest in Trust Capital and Income — Direction in Writing by Settlor to Trustees to pay to Child so Adopted One-third of the Income during Settlor's Lifetime — Effect of such Adoption, Assignment, and Direction upon Respective Child's Right to Share Trust Fund and Income — Effect of Settlor's Direction on Discretion of the Trustees — Infants Act, 1908, s 21 (2).