A trust which includes the keeping up of the property to its present value, besides other purposes which fall within the statutory restrictions on accumulations, is valid, even if unrestricted in time, in so far as it is a bona fide provision for the first-mentioned object, and, when that is fulfilled, it will be subject to the statutory restrictions1.
Where, in a due course of execution of the trusts, accumulation will not be sanctioned by the court, it will give effect to the rights of the persons entitled to the income
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