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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 Oil and Gas Lease in Canada

John Bishop Ballem - 1999 - 398 halaman
...be summarized as follows: no interest is good unless it must vest (if it vests at all) not more than twenty-one years after some life in being at the creation of the interest. It is common practice to protect against the operation of the rule by inserting a provision that the...
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Custom and Right

Paul Vinogradoff - 1925 - 109 halaman
...elaborated as stated, eg, by Gray: BNo interest is good unless it must vest, if at all, not later than twentyone years after some life in being at the creation of the interest." The motive for the rule was well stated by Jekyll, MR in Stanley v. Leigh (1732) 2 P Wms 686: as nthe...
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Law Out of Context

Alan Watson - 2000 - 213 halaman
...the Rule is by John Chipman Gray: "No interest is good unless it must vest, if at all, not later than twentyone years after some life in being at the creation of the interest." -M To those who are no longer cognoscenti, I give one simple example to illustrate the working of the...
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The Rule Against Perpetuities, Volume 1

John Chipman Gray, Roland Gray - 2002 - 468 halaman
...Statement of the Rule. In the first edition the Rule against Perpetuities was given in this form : NO INTEREST SUBJECT TO A CONDITION PRECEDENT IS GOOD,...UNLESS THE CONDITION MUST BE FULFILLED, IF AT ALL, WITHIN1 TWENTY-ONE YEARS AFTER SOME LIFE IN BEING AT THE CREATION OF THE INTEREST. This appears to...
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Inheritance Law And The Evolving Family

Ralph Brashier - 2008 - 272 halaman
...Against Perpetuities provides, "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." JOHN C. GRAY, THE RULE AGAINST PERPETUITIES 201 (4th ed. 1942). See generally LEWIS M. SIMES & ALLAN...
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Governing Nonprofit Organizations: Federal and State Law and Regulation

Marion R. Fremont-Smith - 2009 - 570 halaman
...given by Professor Gray, is that "No interest is good unless it must vest, if at all, not later than twentyone years after some life in being at the creation of the interest."99 The purpose behind the Rule was to prevent the withdrawal of property from commerce. The...
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American Law in a Global Context: The Basics

George P. Fletcher, Steve Sheppard - 2005 - 696 halaman
...against perpetuities declares 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." JC Gray, The Rule Against Perpetuities (4th ed.) 201, at 191 (Boston: Little, Brown & Co., 1942)....
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Trusts Law: Text and Materials

Graham Moffat - 2005
...reflects these considerations: '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 The Rule against Perpetuities (4th edn) p 201). In substance it permits the testator 'to give...
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