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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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Cases on Business Law, Bailments and Carriers, Security Rights, Property ...

Ralph Stanley Bauer, Essel Ray Dillavou - 1925 - 1086 halaman
...take effect on the happening of remote contingencies. It does not apply to interests which are vested. No interest subject to a condition precedent is good,...the condition must be fulfilled, if at all, within the time limited by the rule; but a vested interest cannot be subject to a condition precedent, and,...
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Trust Functions

Robert Mayer (assistant trust officer.), American Institute of Banking - 1927 - 488 halaman
...lives in being at the inception of the trust and twenty-one years thereafter; or, as more technically stated, "No interest subject to a condition precedent...some life in being at the creation of the interest." (See Gray on Perpetuities.) A trust in violation of this rule may result in the failure of the whole...
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The Central Law Journal, Volume 61

1905 - 542 halaman
...statement of the rule against perpetuities, no interest subject to a condition precedent Is :"><>d unless the condition must be fulfilled, if at all,...some life In being at the creation of the interest. Gray, Rule Against Perpetuities, § 201. Consequently, the English courts have held that a covenant...
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Alabama Law Journal, Volume 4

1928 - 374 halaman
...is that given by Professor Gray: "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 (3rd. Ed.), page 174. This definition of the Rule was approved by the Supreme...
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Alabama Law Journal, Volume 2

1927 - 280 halaman
...Perpetuities states the rule to be "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"23 ; however, to this concise statement of the rule by Professor Gray, there are certain exceptions...
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The Chicago Bar Association Record, Volume 12

1928 - 500 halaman
...rule as stated by Professor Grty: "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 author then says that this definition is subject to two qualifications The first is that the twenty-one...
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The Northeastern Reporter, Volume 113

1917 - 1126 halaman
...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 - 1334 halaman
...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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The Northeastern Reporter, Volume 154

1927 - 1052 halaman
...rule against perpetuities is: "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." Gray's Rule against Perpetuities, § 201. [1-3] If the provisions of a will are such that under them...
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United States Statutes at Large, Volume 76,Bagian 1

United States - 1962 - 810 halaman
...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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