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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... "
Commentaries on American Law - Page 297
by James Kent - 1884
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The Revised Statutes of the State of New-York: Passed During the ..., Volume 1

New York (State) - Law - 1829 - 826 pages
...shall be undisposed of, and no valid direction for their accumulation is given, such rents and profits shall belong to the persons presumptively entitled to the next eventual estate. «*atct""hen S 41. The delivery of the grant, where an expectant estate is credwrnedcre ate(j Dy grant...
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Commentaries on Colonial and Foreign Laws: Generally, and in Their ..., Volume 2

William Burge - Comparative law - 1838 - 904 pages
...commence either on the creation of the estate out of which the rents and profits are to arise, and must be made for the benefit of one or more minors...presumptively entitled to the next eventual estate. The intermediate rents and profits arising on an estate by way of executory devise will pass by a devise...
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Commentaries on American Law, Volume 4

James Kent - Law - 1848 - 798 pages
...ser. 37—40. As to the regulation of accumulation of per*onal property, see ante, vol. ii. 353, note. are to arise, and it must be made for the benefit...accumulation of the income of personal property be void under the statute, the income descends as if the testator had died intestate.* The intermediate rents...
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Reports of Cases Argued and Determined in the Court of Chancery of ..., Volume 2

New York (State). Court of Chancery, Oliver Lorenzo Barbour - Equity - 1848 - 726 pages
...property are undisposed of, and no valid direction for their accumulation is given, such rents and profits shall belong to the persons presumptively entitled to the next eventual estate. And this rule also applies to a future interest in personal estate, by another section of the revised...
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Commentaries on American Law, Volume 4

James Kent - Law - 1854 - 728 pages
...the persons for whose benefit it is directed, and terminate at the expiration of such minority. (1) If the direction for accumulation be for a longer...accumulation of the income of personal property be void under the statute, the income descends as if the testator had died intestate.1 The intermediate rents...
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Commentaries on American Law, Volume 4

James Kent - Law - 1858 - 778 pages
...rents and profits of real estate are void. It is further provided, that whenever there is, by a yalid limitation, a suspense of the power of alienation,...accumulation of the income of personal property be void under the statute, the income descends as if the tesitator had died intestate. (a) The intermediate...
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Reports of Cases in Law and Equity in the Supreme Court of the ..., Volume 28

Oliver Lorenzo Barbour, New York (State). Supreme Court - Law reports, digests, etc - 1859 - 720 pages
...shall be undisposed of, and no valid direction for their accumulation is given, such rents and profits shall belong to the persons presumptively entitled to the next eventual estate," has no application here ; even admitting these expectant estates to be valid, and the suspense of the...
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Statutes at Large of the State of New York: Comprising the Revised ..., Volume 1

New York (State) - Law - 1863 - 1036 pages
...shall be undisposed of, and no valid direction for their accumulation is given, such rents and profits shall belong to the persons presumptively entitled to the next eventual estate. 23 NY, 83; 15 NT, 324; 28 B., 143; 17 B., 84 ; 2 B. Ch., 518. g 41. The delivery of the grant, where...
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The Most Material Parts of Kent's Commentaries Reduced to Questions and ...

John C. Devereux - Law - 1868 - 444 pages
...aforesaid, it shall be void for the excess of time ; and all other directions for the accumulation of rents and profits of real estate are void. It is further...time, of the rents and profits, they shall belong to 1;he persons presumptively entitled to the next eventual estate. LECTURE LXI. OF USES AND TRUSTS. 1....
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Reports of Cases Decided in the Court of Appeals of the State of ..., Volume 23

New York (State). Court of Appeals, George Franklin Comstock, Henry Rogers Selden, Francis Kernan, Erasmus Peshine Smith, Joel Tiffany, Edward Jordan Dimock, Samuel Hand, Hiram Edward Sickels, Louis J. Rezzemini, Edmund Hamilton Smith, Edwin Augustus Bedell, Alvah S. Newcomb, James Newton Fiero - Law reports, digests, etc - 1867 - 674 pages
...neither disposed of nor directed by any valid provision to be accumulated, " such rents and profits shall belong to the persons presumptively entitled to the next eventual estate." It has been held, in some cases, that this section applies to the income arising from personal property,...
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