Fereday v Worthy, 1835


	Decisions of the Nineteenth Century Tasmanian Superior Courts

		Published by the Division of Law, Macquarie University and the School of History and Classics, University of Tasmania

[trusts, investment of trust property]

Fereday v. Worthy

Supreme Court of Van Diemen's Land

Pedder C.J. and Montagu J., 16 June 1835

Source: Hobart Town Courier, 19 June 1835

Fereday v. Worthy, an infant. - Mr. Gellibrand moved for leave to place the money belonging to the defendant out at interest until the child became of age, instead of allowing the capital to be locked up in the hands of the Registrar of the Court. In England money belonging to wards in Chancery is invested in the funds only; but there being no public securities in this colony, money must lie dormant unless the Court will authorise its being invested in private securities.

Decision postponed.