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" Where a trust is created to receive the rents and profits of lands, and no valid direction for accumulation is given, the surplus of such rents and profits, beyond the sum that may be necessary for the education, and support of the person for whose benefit... "
Reports of Cases Argued and Determined in the Court of Common Pleas for the ... - Side 508
av New York (State). Court of Common Pleas (City and County of New York), Henry Hilton - 1859
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The Revised Statutes of the State of New-York: Passed During the ..., Volum 1

New York (State) - 1829 - 826 sider
...ofpro(it«of lands, and no valid direction for accumulation is given, the surplus of c such rents and profits, beyond the sum that may be necessary for the education...property, which cannot be reached by an execution at law. § 58. Where an express trust shall be created, for any purpose not oumre*pn»i enumerated in the preceding...
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volum 30

New Jersey. Court of Chancery - 1879 - 846 sider
...statutes on the subject of uses and trusts, by which the surplus of rents and profits beyond the sum necessary for the education and support of the person for whose benefit the trust is created, is made liable in equity to the claims of the creditors of such person in the same manner as other...
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Reports of Chancery Cases Decided in the First Circuit of the State ..., Volum 2

New York (State). Court of Chancery, William T. McCoun - 1837 - 754 sider
...direction for accumulation is given that the surplus of rents and profits, beyond what is necessary for the support of the person for whose benefit the trust...created, shall be liable in equity to the claims of creditors. And it is declared that every valid express trust will vest the whole estate in the trustees...
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Reports of Cases Argued and Determined in the Late Supreme ..., Volum 2;Volum 15

T. M. Lalor - 1837 - 762 sider
...for accumulation is given, the surplus beyond the sum that may be necessary for education and support shall be liable, in equity, to the claims of the creditors of the cestui que trust in the same manner as other personal property which cannot be reached by an execution...
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Reports of Cases Argued and Determined in the Court of Chancery of ..., Volum 4

New York (State). Court of Chancery - 1850 - 826 sider
...fifty-seventh section of the same statute, enables creditors to reach the surplus of such rents and profits, beyond the sum that may be necessary for the education...the person for whose benefit the trust is created. The chancellor, in Hallett v. Thompson, (5 Paige, 583,) holds, that similar trusts for the application...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volum 107

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1897 - 796 sider
...for the support of the cestui I/Hi trust, shall be liable in equity to the claims of his creditors, in the same manner as other personal property which cannot be reached by execution; and under said statutes, so construed, the income of a trust fund, payable to a designated...
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Public and Local Acts of the Legislature of the State of Michigan, Volum 2

Michigan - 1857 - 1012 sider
...of lands, and no valid direction for accumulation is given, the surplus of such rents and profits, dem sum refu "- (2644.) SEC. 14. "When an express trust shall be created for 8rwcnndrU66i. anv purpose not enumerated...
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The Compiled Laws of the State of Michigan: Published by Authority, Del 2

Michigan, Thomas McIntyre Cooley - 1857 - 998 sider
...of lands, and no valid direction for accumulation is given, the surplus of such rents and profits, beyond the sum that may be necessary for the education...property which cannot be reached by an execution at law. "tobJri»™ (2641.) SEC. 14. When an express trust shall be created for oi anv purpose not enumerated...
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A Treatise on the Law of Real Estate: And of the Mode of Alienation Thereof ...

John Willard - 1861 - 718 sider
...for the accumulation, should, with respect to the surplus of such rents and profits beyond the sum necessary for the education and support of the person for whose benefit the trust was created, be available to the creditors of such person, in the same manner as other personal property,...
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Draft of a Civil Code for the State of New York

New York (State). Commissioners of the Code - 1862 - 550 sider
...creditor« rr *• J In certain lation is given, the surplus of such rents and profits, beyond cases. the sum that may be necessary for the education and...the person for whose benefit the trust is created, is liable to the claims of the creditors of such person, in the same manner as other personal property...
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