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Chapter 1 takes up the provocation from the author's interlocutor within the Charity Commission that the trust directory might offer a horoscope of the city. It will explore the historicity of trusts and how they capture and utilize time in urban space. This chapter follows the trust as it traverses the timescape and municipal regulatory constraints of Bombay-Mumbai. It will show the early transformation of Parsi property into real estate during the colonial period and then discuss some critical figures who founded the trust landscape in the city. It will end with a discussion of how the doctrine of cy près allows the trust to work within the meantime, the temporality of the subjunctive, rather than allow its objects to fail.

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