“Know all men by these presents, that I, Thomas Graham, a native of Kinross, in that part of the United Kingdom of Great Britain called Scotland, Esq. now acting President of the Board of Revenue at Calcutta, in Bengal, being about to embark on shipboard for Scotland, and now without the aid of persons learned in the laws of Scotland to assist me in making a disposition of my lands and other property in the manner I am now most desirous, and different from what I have heretofore done, according to the strict rules of the laws of Scotland, do hereby, for certain causes, and for the better disposing of all the property, landed, or real and heritable, whereof I am seized, possessed of, and entitled to in Scotland, England, India, or elsewhere, and also of all and every my personal, moveable, and chattel interests, estate, and effects whatsoever, in the manner herein after mentioned, and in consideration of the confidence which I repose in the persons herein after named, whom I appoint as trustees for the ends, uses, and purposes herein after-mentioned, give, grant, dispone, assign and make over, to and in favour of myself during my lifetime, and at my death to and in favour of my wife, Anne Graham, the Rev. George Henry Templer, vicar of Shapwick,”
“And I do hereby assign and dispone to myself, and to my said trustees, for the use and behoof of my heirs and substitutes before-mentioned, in the order aforesaid, all and sundry charters, procuratories of resignation, precepts and instruments of sasine, and other writs and securities of the lands and others before conveyed; and also the whole rents, feu-duties, maills, profits and casualties thereto belonging, and tacks, if any be subsisting at the time, for now and in all time coming.”
“The Lord Ordinary does not conceive the case to depend on English law: but he does not see sufficient ground in Scotch law for holding that the rents must be conveyed to the son of the testator's daughters first attaining majority, &c. along with the land. The Lord Ordinary is not able to consider past rents as accessories of lands. They are the price of the use of the land in past years, and no authority is referred to, establishing, that direction to convey land, at a time subsequent, implies that prior rents as accessories are to be conveyed with it. Now, in this case, the direction is such as necessarily to imply, that the conveyance of the land shall not be made till after an event shall have happened, i. e . after a time shall have passed. And there is no provision that the daughter's son, &c. shall have the intermediate rents, or that in the intermediate time it shall be managed for his profit, but merely that the land shall be held by the trustees for the purposes of the trust; and as one purpose, that, after a certain event, the land (not the rents) shall be conveyed to the daughter's son first attaining majority, &c. The Lord Ordinary has great doubts, whether, if the truster had been reminded that such rents might accumulate, and asked whether he desired that the daughter's son, &c. should have conveyed over to him, along with the land, such accumulated fund, he would not have said, “No. If money is to be gathered, I shall dispose of that otherwise.” At any rate, he has not directed this, nor does it appear to be necessarily implied in what he has directed.”