Trust incapable of execution or executed without exhausting trust-property.

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..... , in the absence of a direction to the contrary, must hold the trust-property, or so much thereof as is unexhausted, for the benefit of the author of the trust or his legal representative. Illustrations (a) A conveys certain land to B "upon trust", and no trust is declared; or "upon trust to be thereafter declared", and no such declaration is ever made; or upon trusts that are .....

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..... unapplied of the second moiety for the benefit of A or his legal representative. (d) A bequeaths Rs. 10,000 to B, to be laid out in buying land to be conveyed for purposes which either wholly or-partially fail to take effect. B holds for the benefit of A's legal representative the undisposed of interest in the money or land if purchased. - - statute, statutory provisions legislation, l .....

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