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
| Stewart Chaplin - Estates (Law) - 1911 - 474 pages
...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 on the termination thereof." 1 § 337. (2) "No estate for life shall be limited... | |
| California. Supreme Court - Law reports, digests, etc - 1912 - 930 pages
...state prohibits the creation of a future estate which may suspend the absolute power of alienation for a longer period than during the continuance of...two lives in being at the creation of the estate. Where, therefore, an estate is devised for the benefit of several persons during their lives, it is... | |
| Law reports, digests, etc - 1912 - 1282 pages
...state prohibits the creation of a future estate which may suspend the absolute power of alienation for a longer period than during the continuance of...two lives in being at the creation of the estate. Where, therefore, an estate is devised for the benefit of several persons during their lives, it is... | |
| Law reports, digests, etc - 1912 - 1162 pages
...state prohibits the creation of a future estate which may suspend the absolute power of alienation for a longer period than during the continuance of not more than two lives In being at the creatioa of the estate. Where, therefore, an estate is devised for the benefit of several persons during... | |
| Law reports, digests, etc - 1912 - 1080 pages
...may be to suspend the absolute power of alienation for a longer period than during the continuance of more than two lives in being at the creation of the estate, the subsequent charitable disposition will be defeated as well. Thus in Oarvey v. McDevitt (1878) 72... | |
| William Livesey Burdick - Real property - 1914 - 1024 pages
...alienation is made the criterion of perpetuities. For example, in New York, the statute provides that "every future estate shall be void in its creation,...two lives in being at the creation of the estate." 91 The absolute power of alienation is suspended when there are no persons in being by whom an absolute... | |
| William Livesey Burdick - Real property - 1914 - 1060 pages
...alienation is made the criterion of perpetuities. For example, in New York, the statute provides that "every future estate shall be void in its creation,...two lives in being at the creation of the estate." 91 The absolute power of alienation_i5_saispŁjidejLwhen there are no persons in being by whom an absolute... | |
| New York (State). Surrogate's Court (New York County) - Law reports, digests, etc - 1915 - 624 pages
...Majot, 199 NY 29; White v. Howard, 46 id. 144. Section 42 of the Real Property Law provides that " Every future estate shall be void in its creation,...two lives in being at the creation of the estate." It is not sufficient that the property might under certain contingencies vest so that it would be alienable... | |
| John Chipman Gray - Perpetuities - 1915 - 770 pages
...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. "§21. No estate for life shall be limited as a remainder... | |
| New York (State) - Law - 1917 - 514 pages
...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 on the termination thereof. This section was derived from Rent Property Law of 1890,... | |
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