Conversion of perishable property.

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....s created for the benefit of several persons in succession, and the trust property is of a wasting nature or a future or reversionary interest, the trustee is bound, unless an intention to the contrar....

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....intended the houses to be enjoyed in specie. B should sell the houses, and invest the proceeds in accordance with section 20.      (b) A bequeaths to B his three leasehold house....