No interest in real or personal property is good unless it must vest, if at all, not later than 21 years after some life in being at the creation of the interest and any period of gestation involved in the situation to which the limitation applies. The Southern Reporter - Halaman 4521922Tampilan utuh - Tentang buku ini
| Illinois. Supreme Court - 1908 - 726 halaman
...fulfilled, if at all, within twenty-one years after some life in being at the creation of the interest." "No interest is good unless it must vest, if at all, not later than twenty-one years after some life in being at the creation of the interest." (Gray on Perpetuities,... | |
| 1914 - 1246 halaman
...death of the testator, and 21 years and 9 months thereafter ; or, as the rule Is sometimes expressed, "No interest is good unless It must vest, if at all, not later than 21 years and a fraction after some life in being at the creation of the interest." Gray on Rule against Perpetuities,... | |
| 1901 - 1172 halaman
...a condition precedent is good unless the condition must be fulfilled, if at all, within twenty-one years after some life in being at the creation of the interest." Gray, Perp. § 201; Howe v. Hodge, 152 111. 252, 38 NE 1083; Lawrence r. Smith, 103 111. 149. 45 NE... | |
| 1917 - 1194 halaman
...in being at the creation of the interest. The rule is thus stated in Gray on Perpetuities, § 201 : "No interest is good unless it must vest, if at all,...some life in being at the creation of the interest." In Coggins' Appeal, 124 Pa. 10, page 30, 16 Au. 570, page 581 [10 Am. St. Rep. 565], Paxson, CJ, declared... | |
| 1893 - 1164 halaman
...condition precedent is good, unless die condition must be fulfilled, if at all, within twenty -one years after some life in being at the creation of the interest." Gray, Perp. § 201. The rule applies to the creation of both legal and equitable interests, and interests... | |
| John Chipman Gray - 1886 - 548 halaman
...A CONDITION PRECEDENT 18 GOOD, UNLESS THE CONDITION MUST BE FULFILLED, IP AT ALL, WITHIN TWENTY-ONE YEARS AFTER SOME LIFE IN BEING AT THE CREATION OF THE INTEREST. 1. Nature of Interest. § 202. The Rule governs both legal and equitable interests, and interests in... | |
| 1907 - 728 halaman
...legislation. POSTPONEMENT OF FUTURE GIFT "AS LONG AS LEGALLY POSSIBLE." —At common law no future interest is good unless it must vest, if at all, not later than twenty-one years after some life in being at the time of the creation of the interest. 1 Courts have... | |
| 1888 - 986 halaman
...subject to a condition precedent, is good, unless the condition must be fulfilled, if at all, within 21 years after some life in being at the creation of the interest. Hence if the estate left by Francis Palms were entirely personal, no difficulty could arise with reference... | |
| Abraham Clark Freeman - 1891 - 1060 halaman
...a condition precedent is good, unless the condition must be fulfilled, if at all, within twenty-one years after some life in being at the creation of the interest." This rule is in force in all of the states where the principles of the common law prevail, excepting... | |
| |