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" ... the rule against perpetuities. "The rule against perpetuities is thus stated : 'No interest subject to 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... "
Reports of Cases at Law and in Chancery Argued and Determined in the Supreme ... - Halaman 168
oleh Illinois. Supreme Court - 1917
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The Northeastern Reporter, Volume 113

1917
...construed by some competent court. This bill was then filed. [1-8] The rule against perpetuities has been thus stated: "No Interest subject to a condition precedent...the condition must be fulfilled, If at all, within 21 years after some life in being at the creation of the Interest." "No Interest Is good unless It...
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The Northeastern Reporter, Volume 93

1911
...effect on the happening of remote contingencies. It does not apply to Interests which are vested. So interest subject to a condition precedent is good,...the condition must be fulfilled, if at all, within the time limited by the role; but a vested interest cannot be subject to a condition precedent, and,...
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United States Statutes at Large, Volume 76,Bagian 1

United States - 1962
...interest in real or personal property is not valid 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 ofgestation involved in the situation to which the limitation applies. The lives selected...
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The Cornell Law Quarterly, Volume 9

1924
...Gray has defined it as follows:16 "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." Professor Kales has objected to the ambiguity of the word "vest" in the above definition and has defined...
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Reports of the Tax Court of the United States, Volume 5

United States. Tax Court - 1945
...Perpetuities (3d Ed.) sec. 201: "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." The rule was stated by this court In Re Johnston's Estate, 185 Pa. 179, 183, 39 A. 879, 880, 64 Am....
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District and County Reports: Containing Reports of Cases Decided ..., Volume 2

Pennsylvania. Courts - 1923
...in being and twenty-one years. "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, 201. "If an absolute term is taken, and no anterior term for a life in being...
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Reports on Banks Securities Activities of the Securities and Exchange ...

United States. Securities and Exchange Commission - 1977 - 549 halaman
...Perpetuities, at 191 (4th ed. 1942) ("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"); NY Est., Powers & Trusts Law S 9-1.1 (McKinney 1967). '3-B9 O - 77 - 23 - 130 at death. 2237 A variation...
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Statehood initiative: hearing and markup before the Committee on the ...

United States. Congress. House. Committee on the District of Columbia - 1981 - 197 halaman
...Perpetuities for example provides that 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 a qualification in a grant runs afoul of the Rule, the offending portion of the grant is usually...
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Southern Reporter, Volume 97

1924
...the property." Mr. Gray's statement of the rule of the common law against perpetuities la as follows: "No interest subject to a condition precedent is good,...years after some life in being at the creation of the estate." Gray, Perpetuities (2d Ed.) | 201. To this it may be added, in case of necessity, that of...
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Logic and Experience: The Origin of Modern American Legal Education

William P. LaPiana - 1994 - 264 halaman
...Perpetuities can be applied mechanically—"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." 99 It is the clear line the "the law has laid down" to balance the desire to provide for future generations...
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