“Is that a complete answer?”
“I’m not quite sure. I work on the common law side, and I don’t want to dogmatise on a chancery point; but it seems to me at any rate arguable that if the trust is a simple trust for her benefit, claimable by her on Sir John’s death, if she were then alive, then it had already vested in her before the Treasury took action against you, and consequently the trust created by the will was at an end, and the money would be her absolute property before the court decrees it to yourselves. If it were hers I should fancy the decree could hardly divest her of her absolute property. You’ll probably have to open that packet, if the thing is pressed, for it has the semblance of being a genuine claim and one that looks prima facie as if it might be substantiated.”
“Do you
