 | Frank Sumner Rice, William Lawrence Clark - 1903 - Broj stranica: 858
...estate in the trustees, but the trust shall be valid as a power and the land shall descend to their heirs or pass to the devisees of the testator subject to the execution of the power." This statute was copied from New York. In Delafield v. White (19 Abb. NC 104), it appeared that a testatrix... | |
 | Alfred Gandy Reeves - 1904 - Broj stranica: 998
...profits, shall not vest any estate in him ; but the trust shall be valid as a power, and the real property shall descend to the heirs, or pass to the devisees...testator, subject to the execution of the power." Heermans v. Robertson, 64 NY 332 ; Heermans u. Burt, 78 NY 259 ; Enox v. Jones, 47 NY 389. Therefore,... | |
 | New York (State). Board of Statutory Consolidation - 1907 - Broj stranica: 1182
...profits, shall not vest any estate in him ; bur the trust shall be valid as a power, and the real property shall descend to the heirs, or pass to the devisees...the testator, subject to the execution of the power. § [78] 98. Surplus income of trust property liable [Seenotall] to creditors. Where a trust is created... | |
 | William Nelson Noble - 1908 - Broj stranica: 396
...shall not vest any estate in him, but that " the trust shall be valid as a power, and the real property shall descend to the heirs or pass to the devisees...the testator subject to the execution of the power." Wherever, by the exercise of such a power, a decedent's real property has been lawfully apropriated... | |
 | Robert Ludlow Fowler - 1909 - Broj stranica: 1458
...to the execution of the power.23 Section 77 was formerly i Revised Statutes, 729, section 56: § 56. A devise of lands to executors or other trustees,...devisees of the testator, subject to the execution of the power.2* Power of Sale. Before the Revised Statutes, executors did not acquire the inheritance simply... | |
 | Alfred Gandy Reeves - 1909 - Broj stranica: 926
...profits, shall not vest any estate in him; but the trust shall be valid as a power, and the real property shall descend to the heirs, or pass to the devisees...testator, subject to the execution of the power." Real Prop. L. § 97, originally 1 RS 729, § 56. See Konvalinka r. Schlegel, 104 NY 125 ; Chamberlain... | |
 | Stewart Chaplin - 1911 - Broj stranica: 472
...profits,8 shall not vest any estate in him; but the trust shall be valid as a power, and the real property shall descend to the heirs, or pass to the devisees...testator, subject to the execution of the power." 4 § 180. The beneficiary, as such, of an express trust, has under the statutes above quoted, and in... | |
 | Stewart Chaplin - 1911 - Broj stranica: 474
...profits,3 shall not vest any estate in him; but the trust shall be valid as a power, and the real property shall descend to the heirs, or pass to the devisees...testator, subject to the execution of the power." 4 § 180. The beneficiary, as such, of an express trust, has under the statutes above quoted, and in... | |
 | Franklin A. Beecher - 1911 - Broj stranica: 492
...estate in the trustees, but the trust shall be valid as a power, and the land shall descend to their heirs, or pass to the devisees of the testator, subject to the execution of the power. Again, under the statute115, express trusts may be created for any or either of the following purposes... | |
| |
A devise of lands to executors or other trustees, to be sold or mortgaged, where the trustees are not also empowered to receive the rents and profits, shall vest no estate in the trustees ; but the trust shall be valid as a power, and the lands shall... 
