35. Registration of trust company as shareholder, etc., not notice of a trust

Neither the application by a trust company for registration as a member or shareholder in the books of any company or corporation nor the entry of the name of a trust company in the books of any company or corporation constitutes notice of trust, and no company or corporation is entitled to object to enter the name of a trust company on its books by reason only that the company may be or is a trustee, and, in dealings with property, the fact that the person or one of the persons dealt with is a trust company does not of itself constitute notice of a trust.