Provided that the determination of an estate for life shall not prejudice or effect any contingent remainders expectant thereon and that after such determination the Dalham Hall Estate shall but subject to estates if any prior as aforesaid remain to the use of the Trustees appointed by my said Will and the Codicil thereto dated the 11th day of October 1902 during the residue of the life of the person whose estate for life so determines upon trust during the residue of the life of that person to pay the rents and profits of the Dalham Hall Estate to or present the same to be received by the person or persons for the time being entitled under the limitations hereinbefore contained to the first vested estate in remainder expectant on the death of that person.
After various private dispositions Mr. Rhodes in his original will left the residue of his real and personal estate to the Earl of Rosebery, Earl Grey, Alfred Beit, William Thomas Stead, Lewis Lloyd Michell and Bourchier Francis Hawksley absolutely as joint tenants.
The same persons were also appointed executors and trustees.
In a Codicil dated January, 1901, Mr. Rhodes directed that the name of W. T. Stead should be removed from the list of his executors.
In a second Codicil dated October, 1901, Mr. Rhodes added the name of Lord Milner to the list of joint tenants, executors and trustees.
In a third Codicil, dated March, 1902, Mr. Rhodes appointed Dr. Jameson as one of his trustees, with all the rights of other trustees.
