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
| 1895 - 1312 halaman
...to & condition precedent Is good unless the condition must be fulfilled, If at all, within twentyone years after some life In being at the creation of the Interest." Gray, Perp. § 201. In this case the title to the sum of $200. payable annually, vested In the Ottumwa... | |
| Illinois. Appellate Court, Edwin Burritt Smith, Martin L. Newell - 1898 - 712 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;" and on page 194 he says that the true object of the rule is to prevent the creation of interests on... | |
| 1892 - 640 halaman
...condiiion precedent, is good unless the condiiion must lie fulfilled, if at all, within twenty- one years after some life in being at the creation of the interest." Under this will the two conditions imposed are, first the death of certain persons who were living... | |
| 1899 - 960 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." And as the condition upon which the fee simple in this case is to vest is the death of the children... | |
| Sir Asutosh Mookerjee - 1902 - 348 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," or, as Sir George Jessel put it in a recent case, " Property cannot be tied up' longer than for a life... | |
| Ernst Freund - 1904 - 934 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." The rule against perpetuities has been adopted in the United States as part of the common law.1" In... | |
| Albert Martin Kales - 1920 - 1058 halaman
...Perpetuities. § 119. Statement of the Rule : Professor Gray thus states the Rule against Perpetuities:15 "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." If the difficult word "vest"... | |
| John Chipman Gray - 1906 - 724 halaman
...condition " to uncertain future acts and events, then the Rule against Perpetuities will take this shape : 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.2 1. Nature of Interest.... | |
| Frederick Pollock - 1906 - 494 halaman
...uncertain future acts and events, then he propounds the rule against perpetuities in this shape: — ' 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.' As an example of the kind... | |
| James P. Cannon - 1908 - 454 halaman
...AGAINST PERPETUITIES. The rule against perpetuities, as finally defined by Mr. Gray, 7 is as follows: "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." It is submitted, with diffidence,... | |
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