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" 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 7
1903
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Reports of Cases Heard and Determined in the Appellate Division ..., Volume 146

New York (State). Supreme Court. Appellate Division - 1912
...(Consol. Laws, chap. 50; Laws of 1909, chap. 52) provides as follows: " 63. Undisposed profits. When, in consequence of a valid limitation of an expectant...presumptively entitled to the next eventual estate. " This same rule applies to personalty. (Cook v. Lowry, 95 NY 103; Mills v. Husson, 140 id. 99.) As...
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The Miscellaneous Reports: Cases Decided in the Inferior Courts ..., Volume 77

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) - 1913
...which the rents and profits are to arise. It is also provided by the same statute ( 63), that " When, in consequence of a valid limitation of an expectant...of which the rents and profits are undisposed of, ami no valid direction for their accumulation is given, such rents and profits shall belong to the...
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The Rule Against Perpetuities

John Chipman Gray, Roland Gray - 1915 - 714 pages
... 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...
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Annotated Consolidated Laws of the State of New York: As Amended to January ...

New York (State) - 1916 - 7637 pages
...children. Kane v. Odell (1916), 171 App. Div. 324, 157 NY Supp. 308. 63. Undisposed profits. — When, in consequence of a valid limitation of an expectant...presumptively entitled to the next eventual estate. But any and all persons who legally shall have begun heretofore, or shall begin hereafter, to receive...
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Laws of the State of New York, Volume 2

New York (State) - 1916
...fifty of the consolidated laws," is hereby amended to read as follows: 63. Undisposed profit*. When, in consequence of a valid limitation of an expectant...presumptively entitled to the next eventual estate. JBut any and all persons who legally shall have begun heretofore, or shall begin hereafter, to receive...
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Annotated Consolidated Laws of the State of New York as Amended to ..., Volume 7

New York (State) - 1918
..., 2, ch. 1, tit. 2, 40. Application of section.—This section applies only when 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 given for their accumulation. Bailey v. Bailey (1883),...
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Reports of Cases Argued and Determined in the Surrogates' Courts ..., Volume 17

New York (State). Surrogate's Court (New York County) - 1919
...an expectant estate if there is an admitted disposition of the income. The portion of the statute " during the continuance of which the rents and profits are undisposed of " must mean validly disposed of. Otherwise it would conflict with the other portion, " no valid direction...
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Bender's Selected Statutes of the State of New York as Amended to Close of ...

John T. Fitzpatrick - 1920 - 637 pages
...his maintenance or education. Derivat:on: Real Property Law, 52. 63. Undisposed profits. When, in consequence of a valid limitation of an expectant...profits are undisposed of, and no valid direction for theij accumulation is given, such rents and profits shall belong to the persons presumptively entitled...
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Practical Real Estate Law, Volume 2

William Xenophon Weed - 1920
...his maintenance or education. Derivation: Real Property Law, 62. 63. Undisposed profit*. When, in consequence of a valid limitation of an expectant...profits are undisposed of, and no valid direction for thei? accumulation is given, such rents and profits shall belong to the persons presumptively entitled...
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The Pacific Reporter, Volume 183

1920
...733 of Civil Code Is as follows: "When, in consequence of a valid limitation of a future interest, there is a suspension of the power of alienation or of the ownership during the continuation of which the income is undisposed of, and no valid direction for its accumulation is given,...
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