| 1928 - 500 halaman
...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... | |
| 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,... | |
| 1927 - 1052 halaman
...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 a violation of the... | |
| 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... | |
| 1927 - 868 halaman
...being. The rule le 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, and If the interest may possibly vest after said Urne the rule applies and renders the devise void,... | |
| Illinois. Supreme Court - 1905 - 710 halaman
...being too remote and as possibly operating to create a perpetuity. No interest under a will subject to 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. If the contingent event... | |
| 1920 - 540 halaman
...against Perpetuities." ""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, Perpetuities (3d ed.), sec. 201. "Cadell v. Palmer, i C. & F. (Eng.) 372 (1832) ; 30 Cyc. 1471... | |
| United States. Tax Court - 1945 - 1518 halaman
...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.... | |
| United States. Securities and Exchange Commission - 1977 - 630 halaman
...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-B9Í O - 77 - 23 - 130 at death. 2237 A variation... | |
| Pennsylvania. Courts - 1923 - 936 halaman
...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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