Every future estate shall be void in its creation, which shall suspend the absolute power of alienation, by any limitation or condition whatever, for a longer period than during the continuance of [not more than two] lives in being at the creation of... The New York Supplement - Page 3211915Full view - About this book
| Law reports, digests, etc - 1889 - 952 pages
...measured by lives, but for all time, in contravention of the statute which prohibits such suspension for u longer period than during the continuance of not more than two lives in being at the death of the testator. 1 Rev. Stat. 773, g 1. It cannot, I think, be doubted, upon the construction... | |
| New York (State) - Law - 1889 - 1010 pages
...limited, be on a term such that the remainder must vest in interest, during the continuance orre " of not more than two lives in being at the creation of such remainder, or upon the termination thereof. §21. No estate for life, shall be limited as a remainder... | |
| New York (State) - Law - 1890 - 912 pages
...limited, be on n term such that the remainder must vest in interest, during the continuance °ry " ner, be given or state credu loaned to, or in aid of a such remainder, or upon the termination thereof. § 21. No estate for life, shall be limited as a remainder... | |
| Law reports, digests, etc - 1891 - 1150 pages
...contravention of the statutory provision that the absolute power of alienation shall not be suspended by any limitation or condition whatever for a longer...two lives in being at the creation of the estate. We agree with the conclusion reached by the learned general term, as well as the reasoning on which it... | |
| Stewart Chaplin - Estates (Law) - 1891 - 430 pages
...the nature of the contingency on which it is limited be such that the remainder must vest in interest during the continuance of not more than two lives in being at the creation of such remainder, or upon the termination thereof."2 I 1 RS 724, § 24. I 1 R S. 724, §20; Mich. GS... | |
| Austin Abbott - Civil procedure - 1892 - 614 pages
...that the statutes relating to future estates in lands forbid the suspension of the power of alienation for a longer period than during the continuance of...two lives in being at the creation of the estate, this prohibition has been made subject to a very important exception which is equally applicable to... | |
| Law - 1893 - 268 pages
...a simple and easy standard by which to measure the permitted limit, and that is a period extending not more than two lives in being at the creation of the trust." This analysis is a great help towards determining the validity of a trust and is a departure... | |
| New York (State). Courts - Law reports, digests, etc - 1906 - 800 pages
...surviving daughters create future contingent estates, created on a term of years, not vesting in interest during the continuance of not more than two lives in being at their creation. This position introduces no new difficulty into the case. Section 36 of the Real Property... | |
| Austin Abbott - Civil procedure - 1894 - 634 pages
...conveyed." And section 15 is as follows : " The absolute power of alienation shall not be suspended by any limitation or condition whatever for a longer...two lives in being at the creation of the estate, except in the single instance mentioned in the next section." This agreement, assuming it to be valid... | |
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