205, 17 South. 525, 28 L. R. A. 707, 54 Am. St. Rep. 31—Contingent trust. An express trust may depend for its oneration upon a future event. and is then a “contingent” trust. A direct trust is an express trvst. as distinguished from a_ constrnetive or imnlied trust. Currence v. Ward, 43 W. Va. 867, 27 8. E. 329.—Directory trust. One which is subject to be moulded or applied according to subsequent directions of the grantor; one which fis not completely and finally settled by the instrument creating it, but only defined in its general purpose and to be carried into detail according to later specific directions.—Dry trust. One which merely vests the legal title in the trustee, and does not require the performance of any active duty on his part to carry out the trust.—Executed trust. A trust of which the scheme has in the outset been completely declared. Adams, Eq. 151. A trust in which the estates and interest in the subjectmatter of the trust are completely limited and defined by the inretrument creating the trust, and require no further instruments to complete