Re Wilsons' Settlements Gibbs and Another v Anderson and Others - [1972] NZLR 13

Deeds and other instruments — Deeds — What is or is not a deed — Execution of deeds — Interpretation — Rules of construction — Document drawn and stamped as agreement — Absence of word "covenant" not conclusive — Intended to create "obligation binding on some persons" - Property Law Act 1952, s 4.

Settlements — Creation and construction — Settlements by deed — Persons not named as parties may take immediate benefit — Personal property as well as real property — Persons non-existent or unascertained when deed executed do not take benefit — Property Law Act 1952, s 7.