Public Trusts, 1750-1850
David Foster and Charles Mitchell (eds), Essays in the History of Equity (Hart, Forthcoming)
Faculty of Laws University College London Law Research Paper No. 10/2023
21 Pages Posted: 10 Jul 2023
Date Written: June 29, 2023
Abstract
The paper discusses the eighteenth- and nineteenth-century history of English public trusts, meaning trusts of property that was held not for the benefit of any person or group of persons as private individuals, but for public purposes, the accomplishment of which would benefit the community at large. Trusts of this kind were frequently used as a legal form through which money and other property was held and spent on for the purposes of local government. Four types of trust are considered: town trusts, statutory trusts for building and maintaining roads, bridges, docks, harbours, etc, charitable trusts,, and trusts of ‘public money’ owned by borough corporations. Among other matters, the paper considers the nature of 'public trusts' during this period and whether they were thought to be substantially different from ‘private trusts’.
Keywords: Trusts, trust law, history of trust law, legal history, urban history, local government history, local government
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