Blackburn v. Webb

Holding

The court held that a testamentary trustee, vested with the legal title to real property and empowered to "have, hold, and manage" it for the benefit of minor devisees until the youngest attained majority, possessed the right to collect and retain the rents and profits during the trust's entire duration, and that a transferee of a beneficiary's future interest acquired no present right to demand a share of those accruing incomes.