Reference to License
Deeds and Conveyances: Special Rules Regarding Fiduciaries
It was said in Chase v. Ladd, 155 Mass. 417, 29 N.E. 637 (1892) that "[i]t was not necessary that [the fiduciary's] intention to execute the power should appear by express terms or recitals in the instrument. * * * It was sufficient if it appeared from the acts, words, or deed or from the situation and circumstances of the parties."
Of course, however, it must be determined that the license was actually issued and exercised within the time allowed by statute.