| New Jersey. Court of Chancery - 1879 - 846 halaman
...legislature of New York has passed statutes on the subject of uses and trusts, by which the surplus of rents and profits beyond the sum necessary for the education and support of the person for whose benefit the trust is created, is made liable in equity to the claims of the creditors... | |
| Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1897 - 796 halaman
...How. Stat. § 5575, providing that, when a trust is created to receive the rents and profits of lands, and no valid direction for accumulation is given, the surplus of such rents and TRUSTS— Continued. profits, beyond the sum necessary for the support of the cestui que trust, shall... | |
| Michigan, Thomas McIntyre Cooley - 1857 - 998 halaman
...c«"itd (2643.) SEC. 13. When a trust is created to receive the ta certain rentg and profits of lands, and no valid direction for accumulation is given,...surplus of such rents and profits, beyond the sum that may be necessary for the education and support of the person for whose benefit the trust is created,... | |
| Michigan - 1857 - 1012 halaman
...itd- (2643.) SEC. 13. When a trust is created to receive the in certainrents an(j profits of lands, and no valid direction for accumulation is given,...surplus of such rents and profits, beyond the sum that may be necessary for the education and support of the person for whose benefit the trust is created,... | |
| John Willard - 1861 - 718 halaman
...and profits of lands where there is no valid discretion for the accumulation, should, with respect to the surplus of such rents and profits beyond the sum necessary for the education and support of the person for whose benefit the trust was created, be available to the creditors of such person, in the... | |
| New York (State). Commissioners of the Code - 1862 - 550 halaman
...passes to the devisees of the will, or by succession, subject to the execution of the power. § 228. Where a trust is created to receive the rents and Profits of ,.,,..„ land liable profits of real property, and no valid direction for accumu- to creditor« rr... | |
| New York (State) - 1863 - 1036 halaman
...testator, subject to the execution of the power. 18 NY, 107; 2 B., 537 ; 2 Ed., 659; 2 H., 569. <$ 57. Where a trust is created to receive the rents and profits of lauds, and no valid direction for accumulation is given, the surplus of such rents and profits, beyond... | |
| New York (State). Commissioners of the Code, New York (State). - 1865 - 896 halaman
...Johnston, 1 Sand/. Cli., 148. 5 287. Where a trust is created to receive the rents J"°f % $, land liable and profits of real property, and no valid direction...surplus of such rents and profits, beyond the sum that may be necessary1 for the education and support of the person for whose benefit the trust is created,... | |
| California, California. Commission to Revise the Laws of California - 1871 - 894 halaman
...profits, vests no estate in them; but the trust ia valid as a power in trust. NYCC, Sec. 288. SEC. 859. Where a trust is created to receive the rents and...property, and no valid direction for accumulation in given, the surplus of such rents and profits, beyond the sum that may be necessary for the education... | |
| California - 1876 - 626 halaman
...by him whenever the assignment is duly acknowledged and recorded. [In effect July 1, 1874.] § 859. Where a trust is created to receive the rents and...surplus of such rents and profits, beyond the sum that may be necessary for the education and support of the person for whose benefit the trust is created,... | |
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