Certainty of subject matter

The plaintiff alleged that the defendant had executed a declarationof trust in her favour in respect of 220,000 of the 1.5 m shareshe held in a certain company. The defendant resisted this claimthat there was a valid trust as the shares could not be identifiedand therefore there was no certainty to the subject matter. The Supreme Court of New South Wales (Equity Division), CampbellJ, considered the construction and the declaration