Cestui

It is a Law French phrase of medieval English invention, which appears in the legal phrases cestui que trust, cestui que use, or cestui quevie. ❋ Unknown (2010)

Cestui que (also cestuy que) (English pronunciation:/ˈsɛstwi keɪ/) is a shortened version of cestui a que use le feoffment fuit fait, literally, “The person for whose use the feoffment was made.” ❋ Unknown (2010)

Cestui que (also cestuy que) (English pronunciation: /ˈsɛstwi keɪ/) is a shortened version of cestui a que use le feoffment fuit fait, literally, “The person for whose use the feoffment was made.” ❋ Unknown (2010)

Charles Francis Adams, Jr., surveying the Erie scandals, expressed the idea that the corporate officer ought to be a “trustee—a guardian … Every shareholder … is his ward”; in the case of a railroad, “the community itself is his cestui que trust.” ❋ Lawrence M. Friedman (1985)

So long ago as 1848 it was decided by the House of Lords in _Foley_ v. _Hill_, 2 H. of L. 28, that the real relation between banker and customer was that of debtor and creditor, not in any sense that of trustee and _cestui que trust_, or depositee and depositor, as had been formerly supposed and contended. ❋ Various (N/A)

"I am only a simple girl," murmured one of the orphans, with a nervous blush; "but does not a recent statute give trustees power to invest the funds of their _cestui que_ trusts in securities yielding a larger return than 2¾ Goschens?" ❋ Various (N/A)

The cestui que trust or beneficiary has three remedies in the event of a breach of trust on the part of his trustee. ❋ 1840-1916 (1913)

Government, a public officer in his private capacity or the settlor himself; even the beneficiary or cestui que trust may act as trustee providing there are other beneficiaries besides himself; so too a corporation may act in this capacity if not precluded by the terms of its charter. ❋ 1840-1916 (1913)

Any person who has capacity to hold property may be a cestui que trust, although some jurisdictions restrict the rule to minors or other incompetents. ❋ 1840-1916 (1913)

An unincorporated society, however, cannot be a cestui que trust except in the case of a charitable or religious society. ❋ 1840-1916 (1913)

The settlor may designate whomsoever he wishes and vest in that person the power to appoint succeeding trustees, though sometimes the power is placed with the cestui que trust and sometimes with the settlor. ❋ 1840-1916 (1913)

It implies two interests, one in equity and one in law — an individual to hold the legal title, who is known as the trustee, and another as beneficiary, known as the cestui que trust. ❋ 1840-1916 (1913)

/5/The cestui que use was given power to sell by an early statute. ❋ Oliver Wendell Holmes (1888)

Will and Trust Contests > 4th DCA: What's a "cestui que trust" and can it sue my trustee client?! ❋ Juan Antunez (2009)

cestui que trust, sometimes shortened to cestui; the beneficiary of atrust. ❋ Unknown (2010)

Trustee, guardian, or executor, cannot change the nature of the cestui que inuts estate by changing a personal iDio a real estate, nor e converso, ❋ Unknown (1790)

Where the use of goods is given to one for life, remainder over; the cestui que use for life must sign an inventory, expressing that he is entitled to these things for his life, and that afterwards they belong to the person in remain - der. ❋ Unknown (1790)