Future estates are either vested or contingent. They are vested when there is a person in being who would have an immediate right to the possession of the lands upon the ceasing of the intermediate or precedent estate. They are contingent while the person... Michigan Reports: Cases Decided in the Supreme Court of Michigan - Página 162por Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Richard W. Cooper, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner - 1922Visualização integral - Acerca deste livro
| Wisconsin. Supreme Court, Philip Loring Spooner, Abram Daniel Smith, Obadiah Milton Conover, Frederic King Conover, Frederick William Arthur, Frederick C. Seibold - 1904 - 814 páginas
...pertaining to the subject of perpetuities (sec. 2037, Stats. 1898), which declares an estate to be vested "when there is a person in being who would...ceasing of the intermediate or precedent estate." Obviously, if the city's intermediate estate were to terminate at this moment, the persons entitled... | |
| 1914 - 1242 páginas
...and contingent. In re Moran's Will, 118 Wis. 177, 96 NW 367. The statute (section 2037) says estates are vested when there is a person in being who would...the ceasing of the intermediate or precedent estate, while they are contingent (omitting events) only when the person to whom they are limited to take effect... | |
| New York (State). Surrogate's Court (New York County) - 1915 - 640 páginas
...Div. 679, the vested character of the remainders in question seems plain. In each instance there was a person " in being who would have an immediate right to the possession of the property on the determination of the intermediate or precedent estate." Real Prop. Law, § 40. The... | |
| John Chipman Gray - 1915 - 770 páginas
...vested or certain." See 4 Birdseye's Consol. contingent. It is vested when there Laws (1909) 4935. ia a person in being, who would have an immediate right to the law; l but the courts have decided, and it would seem correctly, that it has done so.2 And it is conceived... | |
| William Pinckney Fishback, Arnold Bennett Hall - 1915 - 576 páginas
...limited to take effect and be enjoyed after another estate is determined." It is a vested remainder where there is a person in being who would have an immediate right of possession upon the ceasing of the precedent estate. It is a contingent remainder if the person... | |
| James Arthur Ballentine - 1916 - 648 páginas
...estate terminates. See 43 NY (4 Keyes) 569, 4 Abb. Dec. 218. Vested future estate. One which exists when there is a person in being who would have an immediate right of possession upon the termination of the intermediate or precedent estate. See 52 Hun (NY), 468, 6... | |
| 1917 - 596 páginas
...day intact (except as to a few very unimportant substitutions of words) in the well known phrases : "Future estates are either vested or contingent. They...would have an immediate right to the possession of the land upon the ceasing of the intermediate or precedent estate. They are contingent whilst the person... | |
| 1917 - 1208 páginas
...never take effect." In 1830 the Legislature of New York adopted a statutory rule as follows: "ÍVture estates are either vested or contingent. They are...would have an immediate right to the possession of the land upon the ceasing of the intermediate or precedent estate. They are contingent -whilst the person... | |
| |