 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). Board of Statutory Consolidation - 1907 - 1182 pages
...rents and profits to be applied to his maintenance or education. § [53] 63. Undisposed profits. When, in consequence of .a valid limitation of an expectant...presumptively entitled to the next eventual estate. § [54] 64. When expectant estates are deemed created. Where an expectant estate is created by grant,... | |
 | Roscoe Pound - 1907 - 104 pages
...statute provides that "When in consequence of a valid limitation of an expectant estate, there shall be a suspension of the power of alienation or of the...during the continuance of which the rents and profits shall be undisposed of, and no valid direction for their accumulation is given, such rents and profits... | |
 | New York (State). Supreme Court. Appellate Division - 1907 - 1074 pages
...valid limitation of an expectant estate, " during the continuance of which the rents " or income " are undisposed of and no valid direction for their accumulation is given," the rents or income " shall belong to the persons presumptively entitled to the next eventual estate."... | |
 | 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) - 1908 - 752 pages
...Arthur that as to this income the testator died intestate, but from the provision of the statute: "When, in consequence of a valid limitation of an expectant...power of alienation, or of the ownership, during the Surrogate's Court, Kings County, April, 1908. [Vol. 59. continuance of which the rents and profits... | |
 | Alfred Gandy Reeves - 1909 - 926 pages
...regulated by § 63 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... | |
 | Robert Ludlow Fowler - 1909 - 1458 pages
...40: i 40. When in consequence of a valid limitation of an expectant estate, there shall be a suspense of the 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 rents and profits... | |
 | Louis Applebome - 1910 - 468 pages
...according to sec. 63 of the Real Property Law (Consolidated Laws, chap. 50), which is as follows: "When, in consequence of a valid limitation of an expectant...presumptively entitled to the next eventual estate." Q. A father is intrusted with $10,000 by a will, to hold in trust for his infant son. He buys real... | |
 | Stewart Chaplin - 1911 - 474 pages
...suspension, continue through a term not duly measured.3 Rents and Profits Undisposed of. § 244. " When, in consequence of a valid limitation of an expectant...presumptively entitled to the next eventual estate." 4 § 245. This provision thus appears to relate only to cases where, in addition to other elements... | |
 | Stewart Chaplin - 1911 - 472 pages
...suspension, continue through a term not duly measured.3 Rents and Profits Undisposed of. § 244. " When, in consequence of a valid limitation of an expectant...presumptively entitled to the next eventual estate." * § 245. This provision thus appears to relate only to cases where, in addition to other elements... | |
 | New York (State). Supreme Court. Appellate Division - 1911 - 1078 pages
...Real Property Law, and which, in the phraseology of the Heal Property Law, is as follows : " When, in consequence of a valid limitation of an expectant...profits are undisposed of, and no valid direction foi their accumulation is given, such rents and profits App. Div.] Second Department, December, 1910.... | |
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