A Treatise On Express Trusts And Powers Under the New York Revised Statutes And
A Treatise On Express Trusts And Powers Under the New York Revised Statutes And
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Post, 2 Edw. Oh. 526 ; Hatch v. Bassett, 52 N. Y. 359 (362). See par- ticularly Matter of Smith, 131 N. Y. 239.
PERSONAL PROPERTY. 267 be devised on a trust to arise upon a future contingency. See Reed v. Underhill, 12 Barb. R. 113 (116-117) ; Winihrop v. McKim, 51 How. Pr. 323, aft'd 66 N. Y. 625. And a remain- derman may create a trust in his remainder, to vest in possession in the trustee at the termination of the precedent estate. King v. Whaley, 59 Barb. R. 71 (77).
380. Personal property.... Money is a frequent subject of disposition in trust. The trust corpus may also consist in a policy of insurance on the life of a third party, Matson v. Abbey, 70 Hun, 475, aff'd 141 N. Y. 179 ; SmiUie v. Quinn, 90 N. Y. 492 ; or on the life of the creator of the trust, see Sutler v. State M. L. A. Co. , 55 Hun, 296, aff'd 125 N. Y. 769, see Johnston v. Smith, 25 Hun, 171 ; or a contingent interest under a policy, Hirsh v. Auer, 146 N. Y. 13 (19) ; or a bond and mortgage executed by a third party, and held by the creator of the trust, and assigned or bequeathed by him to the trustee, Van Epps v.
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To quickly assess the difficulty of the text, read a short excerpt:
Post, 2 Edw. Oh. 526 ; Hatch v. Bassett, 52 N. Y. 359 (362). See par- ticularly Matter of Smith, 131 N. Y. 239.
PERSONAL PROPERTY. 267 be devised on a trust to arise upon a future contingency. See Reed v. Underhill, 12 Barb. R. 113 (116-117) ; Winihrop v. McKim, 51 How. Pr. 323, aft'd 66 N. Y. 625. And a remain- derman may create a trust in his remainder, to vest in possession in the trustee at the termination of the precedent estate. King v. Whaley, 59 Barb. R. 71 (77).
380. Personal property.... Money is a frequent subject of disposition in trust. The trust corpus may also consist in a policy of insurance on the life of a third party, Matson v. Abbey, 70 Hun, 475, aff'd 141 N. Y. 179 ; SmiUie v. Quinn, 90 N. Y. 492 ; or on the life of the creator of the trust, see Sutler v. State M. L. A. Co. , 55 Hun, 296, aff'd 125 N. Y. 769, see Johnston v. Smith, 25 Hun, 171 ; or a contingent interest under a policy, Hirsh v. Auer, 146 N. Y. 13 (19) ; or a bond and mortgage executed by a third party, and held by the creator of the trust, and assigned or bequeathed by him to the trustee, Van Epps v.
What to read after A Treatise On Express Trusts And Powers Under the New York Revised Statutes And?
You can find similar books in the "Read Also" column, or choose other free books by Stewart Chaplin to read onlineMoreLess
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