... the rule against perpetuities. "The rule against perpetuities is thus stated : 'No interest subject to a condition precedent is good unless the condition must be fulfilled, if at all, within twenty-one years after some life in being at the creation... The Law Quarterly Review - Page 324edited by - 1906Full view - About this book
| Illinois. Supreme Court - Law reports, digests, etc - 1912 - 712 pages
...personal property as well as real estate and to equitable as well as legal estates, and under the rule no interest subject to a condition precedent is good...life in being at the creation of the interest. This will provides for an annuity to Jennie E. Calkins, but an annuity is not an estate in property; ( De... | |
| Illinois. Supreme Court - Law reports, digests, etc - 1917 - 724 pages
...of the will violates the rule against perpetuities. "The rule against perpetuities is thus stated : 'No interest subject to a condition precedent is good...some life in being at the creation of the interest.' 'No interest is good unless it must vest, if at all, not later than twenty-one years after some life... | |
| Illinois. Supreme Court - Law reports, digests, etc - 1907 - 710 pages
...on Future Interests, sec. 255; Madison v. Larmon, 170 Ill. 65; Ingniham v. Ingraham, 169 id. 432.) No interest subject to a condition precedent is good...within twenty-one years after some life in being at the execution of the instrument, or in case of wills, at the death of the testator. (Gray on Perpetuities,... | |
| Illinois. Supreme Court - Law reports, digests, etc - 1911 - 710 pages
...a vested interest is not subject to rule against perpetuities. Under the rule against perpetuities no interest subject to a condition precedent is good...the condition must be fulfilled, if at all, within the time limited by the rule; but a vested interest cannot be subject to any condition precedent, and... | |
| Law - 1901 - 1172 pages
...months thereafter. Waldo v. Oummings, 45 111. 421; Schaefer v. Schaefer, 141 111. 337, 31 N. R 136. "No Interest subject to a condition precedent is good...some life in being at the creation of the interest." Gray, Perp. § 201; Howe v. Hodge, 152 111. 252, 38 NE 1083; Lawrence r. Smith, 103 111. 149. 45 NE... | |
| Law reports, digests, etc - 1902 - 1178 pages
...would defeat its operation. 29 Am. & Eng. Ene. Law, 352. It Is the rule that "no interest under a will subject to a condition precedent is good unless the...must be fulfilled, If at all, within twenty-one years (and nine months, allowing for the period of gestation) after some life In being at the creation of... | |
| Law - 1905 - 1204 pages
...vest in some one within the period of a life or lives in being and 21 years and 9 months thereafter. No interest subject to a condition precedent is good...the condition must be fulfilled, if at all, within 21 years and the period of gestation after some life in being at the creation of the interest Where... | |
| John Chipman Gray - Perpetuities - 1886 - 548 pages
...— NO INTEREST SUBJECT TO A CONDITION PRECEDENT 18 GOOD, UNLESS THE CONDITION MUST BE FULFILLED, IP AT ALL, WITHIN TWENTY-ONE YEARS AFTER SOME LIFE IN BEING AT THE CREATION OF THE INTEREST. 1. Nature of Interest. § 202. The Rule governs both legal and equitable interests, and interests in... | |
| Law reports, digests, etc - 1917 - 1194 pages
...Gray on Perpetuities, § 201 : "No interest is good unless it must vest, if at all, not later than 21 years after some life in being at the creation of the interest." In Coggins' Appeal, 124 Pa. 10, page 30, 16 Au. 570, page 581 [10 Am. St. Rep. 565], Paxson, CJ, declared... | |
| Law reports, digests, etc - 1893 - 1164 pages
...condition precedent is good, unless die condition must be fulfilled, if at all, within twenty -one years after some life in being at the creation of the interest." Gray, Perp. § 201. The rule applies to the creation of both legal and equitable interests, and interests... | |
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