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

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....tee, 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 ....