5 FEBRUARY 1887, Page 45

The Investment of Trust Funds. By Edward Arundel Geare. (Stevens

and Sons.)—The idea of this little law-book is good, but its execution is bad. It professes to be intended for layman as well as lawyers. But it is not very well adapted for either. It is absurd in a book for laymen to plunge the reader straight into a long analysis of the great case of " Speight v. Gaunt;' while it is annoying to the lawyer, who wants a summary and a reference, not a long abstract of a case. It is disgraceful to the administration of our law that a special book should be required merely on the investment clauses of wills and settlements, or what is implied without them. Unfortunately, the author has left his readers in the mire of oases and the clay of instances, instead of classifying, digesting, and deducing fixed rules from them. In one instance on which we happened to light, the author shows a careless- ness which we hope does not prevail through the book. He speaks of stock-mortgages without the least explanation of what they mean ; he gives a wrong name to the ease, and he draws from it a misleading inference.