When, in consequence of a valid limitation of an expectant estate, there is a suspension of the power of alienation, or of the ownership, during the continuance of which the rents and profits are undisposed of, and no valid direction for their accumulation... The New York Supplement - Page 71903Full view - About this book
| New York (State) - 1896 - 1294 pages
...rents and profits to be applied to his maintenance or education. § 53. Undisposed profits. — When, in consequence of a valid limitation of an expectant...no valid direction for their accumulation is given, suck rents and profits shall belong to the persons presumptively entitled to the next eventual estate.... | |
| New York (State) - 1896 - 764 pages
...general or testamentary " before the word "guardian " are new.] § 53. Undisposed profits. — When, in consequence of a valid limitation of an expectant...are undisposed of, and no valid direction for their acccumulation is given, such rents and profits shall belong to the persons presumptively entitled to... | |
| New York (State). Supreme Court. Appellate Division - 1898 - 778 pages
...power of alienation or of the ownership, during the continuance of which the rents and profits shall be undisposed of, and no valid direction for their accumulation is given, such rent and profits shall belong to the persons presumptively entitled to the next eventual estate ; "... | |
| Stewart Chaplin - 1897 - 806 pages
...rents undisposed of, Real Prop. L., § 53 ; ante, § 489, is unfortunately worded. It says : " When, in consequence of a valid limitation of an expectant estate, there is a suspension," etc., thus implying that there may be a suspension not thus occasioned ; while the theory under consideration... | |
| New York (State) - 1900 - 862 pages
...rents and profits to be applied to hi:-, maintenance or education. § 53. Undisposed profits. — When, in consequence of a valid limitation of an expectant...alienation, or of the ownership, during the continuance Uses and Trusts. §§ 54-CO of which the rents and profits are undisposed of, and no valid direction... | |
| New York (State). Surrogates' Courts, John Power - 1901 - 708 pages
...the power of alienation or ownership, during the continuance of which the rents and profits shall bc undisposed of, and no valid direction for their accumulation...presumptively entitled to the next eventual estate. Id. p. 2435, tit 2, art. 1, c. 1, sec. 40. This section, although embraced in the title in respect... | |
| New York (State). Courts - 1903 - 950 pages
...estates in real property." The Real Property Law (L. 1896, ch. 547, sec. 53) provides that " When, in consequence of a valid limitation of an expectant...presumptively entitled to the next eventual estate." The last provision cited, therefore, refers also to personal property (Cook v. Lowry, 95 NY 104). "Who... | |
| Alfred Gandy Reeves - 1904 - 998 pages
...regulated by § 53 of the Real Property Law (originally 1 RS 726, § 40), which declares that: "When, in consequence of a valid limitation of an expectant...presumptively entitled to the next eventual estate." Thus, a trust during the life of A, to pay him one-half of the net income, and accumulate the other... | |
| New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - 1904 - 778 pages
...in real property. The Keal Property Law (L. 1897, ch. 547, §§ 53, 51, subd. 3) provides that when, in consequence of a valid limitation of an expectant...are undisposed of, and no valid direction for their accunnilation is given, such rents and profits shall belong to the persons presumptively entitled to... | |
| New York (State) - 1904 - 1066 pages
...the power of alienation or of ownership during the Real Property Law (L. 1896, ch. 547), §§ 56, 57. continuance of which the rents and profits are undisposed...their accumulation is given, such rents and profits belong to the persons presumptively entitled to the next eventual estate. The statute thus expressly... | |
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