 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 2721904Full view - About this book
 | United States - Law - 1962 - 810 pages
...respect to future interests 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 a valid direction for its accumulation is not... | |
 | Corporations - 1912 - 532 pages
...been earned subsequent to the death of the testator. Section 63 of the Real Property Law provides that such rents and profits shall belong to the persons...presumptively entitled to the next eventual estate. In the present CMC the city of Brooklyn wai next entitled to an estate in expectancy. Consequently,... | |
 | New York (State) - Law - 1917 - 328 pages
...provides as follows: " When, in consequence of a valid limitation of an expectant estate, there is a. suspension of the power of alienation, or of the...presumptively entitled to the next eventual estate." Under the present section of the Personal Property Law this rule is equally applicable to . future... | |
 | New York (State). Supreme Court. Appellate Division - Law reports, digests, etc - 1918 - 1112 pages
...that ' 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... | |
| |
