Ex parte Mayrant
This text of 9 S.C. Eq. 1 (Ex parte Mayrant) is published on Counsel Stack Legal Research, covering Court of Appeals of South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
[2]*2The opinion of the Court was delivered by
The Act of Assembly of 1824,
There was reason why the original trustee appointed by the party should not be included in the Act. First, the donor or creator of the trust has thought proper to repose confidence in [3]*3the 'trustee of his own appointment, and he had a right to annex what terms he pleased to the trust. But the creator of the trust has nothing to do with the substitution under the Act. Secondly, the Court may not be aware of his existence. Though it is said that a Court of Equity has a general superintendence of trustees, yet it does not interfere with a trustee appointed by deed or will until he is brought before the Couyt by suit. When that is done, however, it will superintend the entire execution of the trust and may provide by its decree or order for the trustee’s accounting periodically to the Master.
Where power was expressly given to a trustee appointed by will to substitute another trustee, the Court would not permit him to exercise the power without its approbation; though it was urged by Mr. RomiUy that all that the Court could do, was to superintend his conduct so far as to require him to pass his accounts before the Master. Webb vs. The Earl of Shaftesbury, 7 Ves. 480. When the trustee is appointed by the Court, it is then aware of his existence, and the object of the Act was to render him amenable to the Court, and to compel the Court to superintend his conduct without the necessity of any suit for the'purpose. The motion is dismissed.
Appeal dismissed.
7 Stat. 327.
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9 S.C. Eq. 1, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ex-parte-mayrant-scctapp-1831.