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" Where a trust is created to receive the rents and profits of lands, and no valid direction for accumulation is given, the surplus of such rents and profits, beyond the sum that may be necessary for the education and support of the person for whose benefit... "
Readings in the Law of Real Property: An Elementary Collection of ... - Halaman 178
diedit oleh - 1900 - 555 halaman
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The New York Supplement, Volume 144

1914 - 1272 halaman
...CBEDITOBS or CESTUI QUE TEDST. Under Real Property Law (Consol. Laws 1909, c. 50) § 98, providing that where a trust is created to receive the rents and...valid direction for accumulation is given, the surplus thereof beyond the sum necessary for the education and support of the beneficiary shall be liable to...
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Bench and Bar, Volume 9

1915 - 614 halaman
...amended section 1391. Section 98 of the Real Property Law, so amended, would be (new matter in italics), "Where a trust is created to receive the rents and...education and support of the beneficiary, shall be liable to the claims of his creditors in the same manner as other personal property which cannot be reached...
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United States Circuit Courts of Appeals Reports: With Key-number Annotations ...

1915 - 734 halaman
...of New York, which reads as follows: "The surplus income of trust property liable to creditors. When a trust is created to receive the rents and profits...education and support of the beneficiary, shall be liable to the claims of his creditors in the same manner as other personal 1'roj-erty, which cannot be reached...
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The Codes of California as Amended and in Force at the Close of the Forty ...

California - 1915 - 1268 halaman
[ Maaf, isi halaman ini tidak dapat ditampilkan ]
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The New York Supplement, Volume 156

1916 - 1268 halaman
...of 1 RS 729, provides: "The Surplus Income of Trust Property Liable to Creditors. — Where a tnist is created to receive the rents and profits of real...education and support of the beneficiary, shall be liable to the claims of his creditors in the same manner as other personal property, which cannot be reached...
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Reports of Cases Heard and Determined in the Appellate Division ..., Volume 170

New York (State). Supreme Court. Appellate Division - 1916 - 1184 halaman
...of the Revised Statutes (1 RS 729), provides: "Surplus income of trust property liable to creditors. Where a trust is created to receive the rents and...of such rents and profits, beyond the sum necessary {of the education and support of the beneficiary, shall be liable to the claims of his creditors in...
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McKinney's Consolidated Laws of New York Annotated: With ..., Buku 49

New York (State) - 1917 - 514 halaman
...25/27 XYS 311. Cited. — This section was cited in Matter of Fagan, (1914) 80 Misc. 144, 149 XYS 217. property, and no valid direction for accumulation is given, the surplus of such routs and profits, beyond the sum necessary for the education and support of the beneficiary, shall...
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., Volume 101

New York (State). Courts - 1918 - 844 halaman
...Supreme Court, August, 1917. [Vol. 101. provides: " Surplus income of trust property liable to creditors. Where a trust is created to receive the rents and...education and support of the beneficiary, shall be liable to the claims of his creditors in the same manner as other personal property, which can not be reached...
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Annotated Consolidated Laws of the State of New York as Amended to ..., Volume 7

New York (State) - 1918 - 1016 halaman
...St. Rep. 296, 10 NY Supp. 51. § 98. Surplus income of trust property liable to creditors.—Where a trust is created to receive the rents and profits...education and support of the beneficiary, shall be liable to the claims of his creditors in the same manner as other personal property, which can not be reached...
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Law and the Family

Robert Grant - 1919 - 276 halaman
...court, interpreting a statute which provided that the surplus of income given in trust beyond what is necessary for the education and support of the beneficiary shall be liable for his debts, took into account that the debtor was "a gentleman of high social standing, whose associations...
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