Common Law Exceptions
There are, nonetheless, several well recognised exceptions at common law where non-charitable purposes trusts will be upheld.
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Famous quotes containing the words common, law and/or exceptions:
“Words convey the mental treasures of one period to the generations that follow; and laden with this, their precious freight, they sail safely across gulfs of time in which empires have suffered shipwreck and the languages of common life have sunk into oblivion.”
—Anonymous. Quoted in Richard Chevenix Trench, On the Study of Words, lecture 1 (1858)
“The law is a great thing,—because men are poor and weak, and bad. And it is great, because where it exists in its strength, no tyrant can be above it. But between you and me there should be no mention of law as the guide of conduct. Speak to me of honour, and of duty, and of nobility; and tell me what they require of you.”
—Anthony Trollope (1815–1882)
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—Ralph Waldo Emerson (1803–1882)