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OLABODE RENNER VS ALBERT BABATUNDE RENNER

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OLABODE RENNER VS ALBERT BABATUNDE RENNER

Legalpedia Citation: (1961-05) Legalpedia 28419 (SC)

In the Supreme Court of Nigeria

Holden at Lagos

Thu May 4, 1961

Suit Number: FSC. 314/1960

CORAM


BRETT, JUSTICE, SUPREME COURT

UNSWORTH, JUSTICE, SUPREME COURT

BRETT, JUSTICE SUPREME COURT

UNSWORTH, JUSTICE SUPREME COURT

TAYLOR, JUSTICE SUPREME COURT


PARTIES


OLABODE RENNER MADAM IBIDUN OLOWU THENRY IBITAYO OLOWU APPELLANTS


ALBERT BABATUNDE RENNER

RESPONDENTS 


AREA(S) OF LAW


ADMINISTRATION OF ESTATE LAW – ASSENT-REMOVAL OF TRUSTEES

 


SUMMARY OF FACTS

The appellants claimed they were not trustees because they had not (in their capacity as executors) assented to the property vesting in them as trustees. The 2nd appellant was removed as trustee on grounds of ill- health.

 


HELD


The court held that they were trustees irrespective of the signing of a formal instrument of assent and that the removal of the 2nd appellant was in the interest of the beneficiaries of the estate.

 


ISSUES


 

Whether the lower court was right when it treated the 1st and 2nd respondents and the appellants as trustees when they had not assented to the property vesting in them as trustees.

Whether the 2nd appellant was properly removed as trustees.

 


RATIONES DECIDENDI


WHEN AN ASSENT IS NOT NEEDED TO TRANSFER PROPERTY TO A TRUST OR EXECUTOR


A formal written assent (even if desirable, as appears from Re Yerburgh (1928) YIN 208) is not strictly necessary where the executors and trustees are the same persons and the legal estate is therefore already at home in its proper resting place. Per Unsworth F.J


WHEN AN ASSENT IS NOT NEEDED TO TRANSFER PROPERTY TO A TRUST OR EXECUTOR


‘A formal written assent (even if desirable, as appears from Re Yerburgh (1928) YIN 208) is not strictly necessary where the executors and trustees are the same persons and the legal estate is therefore already at home in its proper resting place.’ Per Unsworth F.J

 

 


REMOVAL OF TRUSTEES


‘In exercising so delicate a jurisdiction as that of removing trustees, …the main guide must be the welfare of the beneficiaries.’ Per Unsworth F.J

 


CASES CITED


Wise v. Whitburn (1924)1 Ch. 460

Re Peel, Woodcock v. Holdroyd (1899) WN 208 and Re Cowley (1901) 1 Ch. 38

Getterstedt v. Broers (1884) 9 App. Cas. 371

 


STATUTES REFERRED TO


The Administration of Estates Law (chapter 1 of the 1959 edition of the Laws of the Western Region).

The Land Transfer Act, 1897.

 


CLICK HERE TO READ FULL JUDGMENT

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