Robertson v. Allen & Ors [2003] NSWSC 848

New South Wales Supreme Court

CITATION : Robertson v. Allen & Ors [2003] NSWSC 848 HEARING DATE(S) : 09/09/2003 JUDGMENT DATE : 26 September 2003 JURISDICTION: Equity JUDGMENT OF : Bryson J at 1 DECISION : Declaration on construction of will: see [40]

CATCHWORDS : WILLS PROBATE and ADMINISTRATION - Will Construction - gift of shares to a company which had no function except as trustee of a discretionary trust was held to be subject to that discretionary trust - direction to executors to transfer the shares so given on 10th anniversary of testatrix' death was held not to postpone passing of beneficial ownership and right of donee to call for transfer earlier - alternatively there was such a right under rule in Saunders v. Vautier - decision on terms of will. Wills Probate Administration Act 1898 s.21 LEGISLATION CITED : Corporations Act 2001 s.9, 259C, 259E s.17(1) of the Companies Act 1961 Saunders v. Vautier (1841) 4 Beav 115, 49 ER 282 Wharton & Warwick v. Masterman [1895] AC 186 at 198 CASES CITED : Weatherall v. Thornburgh [1878] 8 Ch.D 261 Sir Moses Montefiore Jewish Home v. Howell & Co. (No. 7) Pty Ltd [1984] 2 NSWLR 406 Gartside v. Inland Revenue Commissioners [1968] AC 553 Bond Corporation Pty Ltd v. White Industries Ltd [1980] 2 NSWLR 351 Philip Macpherson Robertson - Plaintiff PARTIES : Robert Samuel Allen - First Defendant Christopher William Welsh - Second Defendant Philrob Nominees Pty Ltd - Third Defendant FILE NUMBER(S) : SC 6090/2001 COUNSEL : C. Birch SC and J. Loofs - Plaintiff A. Hill & V. Hartstein - Defendants SOLICITORS : Kell Moore Solicitors - Plaintiff Addisons Solicitors - Defendants