Conditional And Future Interests And Illegal Conditions And Restraints in Illino

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Conditional And Future Interests And Illegal Conditions And Restraints in Illino
Albert Martin Kales
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Ry. Co. , 166 in settlements inter vivos where 111. 580. In the latter case the trustees have active duties. 2 court passed upon this point spe- Hayes's Conveyancing, pp. 71-72. Cifically: (saying at page 586) For the law generally relating to "We also think the position that power to appoint new trustees see no title to the property or power Sugden on Powers 8th ed. Pp. 883- to execute the trusts vested in 890; 2 Chance on Powers, pp. 393- them as successors for want of a 411; 2 Lewin on Trust...s (1st Am. ■written conveyance to them, un from 8th Engl. Ed. Pp. 645-673.
200 !Ch. IV. ] FUTURE USES. [§ 139.
upon the happening of the event the successor in trust be- comes invested with the legal title.^^ These results can be sustained only upon the ground that shifting interests by deed are valid. The operation of the power is to divest the legal title from the first trustee or, if he be dead, from his heirs, and to give the same legal title to the new trustee, — in short, to shift a legal title in fee from one person to another.


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