COBBETT V. EAST LONDON HOSPITAL 1/1923

\ | 192%. COBBETT V EAST LONUON HOSPITAL.

Judgment» Knox Cod. Yasan My Kal,

By his will (clause 5) the testator devised hia property

known as Holebrook to his trustees upon trust for his brother Wilber- fores Cobbett for his life and after hia death to the use of the firat and other sons of Wilberforce Cobbett severally and auccessively in tail male and in default of such iague to the use of the firat and

other daughtera of Wilberforce Cobvett in tail male and in default of such issue to the use of hia trustees during the lives of his

cousib Hugh Cobbett and any wife of hia and during the life of

the survivor upon cefdain truste for the benefit of Hugh Cobbett hie wifes and family during his life and for the benefit of his widow

and family after his death and after the death or remarriage of Bugh

Cobbett's widow to the use of the first and other sons of Hugh Cobbett

successively in tail male and in default of issue to the use ef the

firet and other daughters of the said Hugh Cobbett in tail male and

in default of such lesue to the use of his trustees to hold and dis- pose of aw part cf his remiduary eatate.

By clause 6 the teatator directed that the trust declared in respect of Holebrook should be read and construed aa if they had

been declared in respect of any property in Tasmania which he might purchase in lieu thereof for his personal residence.

—trause 7 of the will is as followa:- "I direct my trustees to set i "apart out of Hy Trust Fund (after providing for the bequest$ con- "tained in paragraph 8 of this will) the sum of £20000 upon trust to

i "invest the same in the names of my trustees in or upo} any_of the "class of investments hereinafter mentioned with power to alter

Yor wry auch inveatmentsa or any of the m from time to time for others of the same dPacription And upon trust to pay the intorest Vand inoome which may arise from the said gum of £20000 and the in-