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" To receive the rents and profits of lands, and apply them to the use of any person during the life of such person, or for any shorter term, subject to the rules prescribed in the first article of this title. "
Laws of the State of New York - Página 379
por New York (State) - 1830
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Reports of Cases Argued and Determined in the Supreme Court of the ..., Volumen1

Abraham Lansing, New York (State). Supreme Court - 1870 - 590 páginas
...Revised Statutes authorize an express active trust of real estate vesting an estate in the trustee, to receive the rents and profits of lands, and apply them to the education or support of AB, or to pay them over to AB during the life of CD, and in case of AB's death,...
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Reports of Cases Decided in the Court of Appeals of the State of ..., Volumen23

New York (State). Court of Appeals, George Franklin Comstock, Henry Rogers Selden, Francis Kernan, Erasmus Peshine Smith, Joel Tiffany, Edward Jordan Dimock, Samuel Hand, Hiram Edward Sickels, Louis J. Rezzemini, Edmund Hamilton Smith, Edwin Augustus Bedell, Alvah S. Newcomb, James Newton Fiero - 1867 - 674 páginas
...constituted in the manner which that statute prescribes. The application of rents and profits must be " to the use of any person during the life of such person, or for any shorter term." (1 KS, p. 728, § 55, sub. 3.) The trust must, therefore, be rnadc dependent on the life of the beneficiary....
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Commentaries on American Law, Volumen4

James Kent - 1873 - 680 páginas
...both before and since the v. Mclntyre, 5 Barb. (NY) 424. C.] enactment of the New York Statute, Siethe rents and profits of lands and apply them to the use of any person ; (e) or to accumulate the same for the purposes and within the limits already mentioned. In all these...
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Statutes of California and Digests of Measures

California - 1874 - 524 páginas
...whether ascertained at the time of the creation of the trust or not, for himself or for his family, during the life of such person, or for any shorter term, subject to the rules of Title Two of this Part; or. Four — To receive the rents and profits of real property, and to accumulate...
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Reports of Cases Heard and Determined in the Supreme Court of the ..., Volumen10

Marcus Tullius Hun - 1875 - 902 páginas
...the beneficiary of the trust. The object of the legislature, in allowing express trusts to be created to receive the rents and profits of lands and apply them to the use of some beneficiary, as was well said by Senator YotfNG, in Coster v. Lorillard, * was " to enable provisions...
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Wisconsin Reports: Cases Determined in the Supreme Court of Wisconsin, Volumen40

Wisconsin. Supreme Court, Abram Daniel Smith, Philip Loring Spooner, Obadiah Milton Conover, Frederic King Conover, Frederick William Arthur, Frderick C. Seibold - 1877 - 764 páginas
...a mere passive trust, without any authority given to the trustees to receive the rents and profits and apply them to the use of any person during the life of such person, or to convey, or do anything whatever in connection with, the estate. No title, therefore, vested in the...
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Albany Law Journal, Volumen17

1878 - 560 páginas
...passive one, and condemned by the statute. The trustees had no active duties to discharge. They were not to receive the rents and profits of lands and apply them to the use of William B. Slocum, or to pay them over to him (1 RS 729, § 55), but they were directed "to permit...
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The Northwestern Reporter, Volumen94

1903 - 1250 páginas
...or lease lands for the benefit of legatees, or for the purpose of satisfying any charge thereon; (8) to receive the rents and profits of lands and apply...shorter term, subject to the rules prescribed in the last preceding chapter; (4) to receive the rents and profits of lands and to accumulate the same for...
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An Act Relating to Property, and Other Matters Connected with Private Rights ...

New York (State). Legislature. Senate. Special Committee on the Revision of the Statutes - 1879 - 472 páginas
...the purpose of satisfying any charge thereupon. 3. To receive the rents and profits of real property, and apply them to the use of any person, during the life of that person, or for any v shorter term, subject to the rules prescribed in article first of this title....
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The Federal Reporter: Cases Argued and Determined in the ..., Volúmenes7-8

1881 - 1900 páginas
...lease lands for the benefit of legatees, or for the purpose of satisfying any charge thereon ; (3) to receive the rents and profits of lands, and apply...shorter term, subject to the rules prescribed in the last preceding chapter ; (4) to receive the rents and profits of lands, and to accumulate the same,...
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