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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 - Page 379
by New York (State) - 1830
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The Revised Statutes of the State of New-York: Passed During the ..., Volume 1

New York (State) - 1829 - 826 pages
...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 them to the education and support, or either, of any person, during the life of such person, or for any shorter...
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Legislative Documents of the Senate and Assembly ..., Volume 4, Issues 291-434

New York (State). Legislature - 1830 - 512 pages
...the word "use" in lieu thereof; so that the said subdivision as amended, shall read as follows : " 3. To receive the rents and profits of lands, and apply...rules prescribed in the first article of this title." [The word " use" includes education and support, and each of them. It will also include Mher purposes,...
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Commentaries on American Law, Volume 4

James Kent - 1830 - 556 pages
...lease lands, for the benefit of legatees, or for the purpose ol satisfying any charge thereon ; (3.) To receive the rents and profits of lands, and apply them to the education or support of any person ; or to accumulate the same for the purposes, and within the limits,...
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Reports of Chancery Cases Decided in the First Circuit of the ..., Volume 2

New York (State). Court of Chancery, William T. McCoun - 1837 - 754 pages
...head of trust mentioned in that section, it is the third : " to receive the rents and profits of land and apply them to the use of any person during the...shorter term, subject to the rules prescribed in the previous article on the subject of the creation and division of estates." It is objected, in the first...
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Reports of Cases Argued and Determined in the Late ..., Volume 2; Volume 15

T. M. Lalor - 1837 - 762 pages
...head of trust mentioned in that section, it is ihe third: "to receive the rents and profits of land and apply them to the use of any person during the...shorter term, subject to the rules prescribed in the previous article on the subject of the creation and division of estates." It is objected, in the first...
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Commentaries on Colonial and Foreign Laws: Generally, and in Their ..., Volume 2

William Burge - 1838 - 904 pages
...lease lands, for the benefit of legatees, or for the purpose of satisfying any charge thereon. 3rdly. To receive the rents and profits of lands, and apply them to the use of any person, or to accumulate the same for the purposes already mentioned. In all these cases, the whole estate,...
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American Law Magazine, Volume 3

1844 - 506 pages
...It is enacted, first, that an express trust may be created to receive the rents and profits of land, and apply them to the use of any person during the life of such person or for any shorter term; second, that no person beneficially interested in a trust for the receipt and profits of lands, can...
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The Land Owner's Manual: Containing a Summary of Statute Regulations, in New ...

Benjamin Franklin Hall - 1847 - 480 pages
...will be a joint tenancy. This rule applies as well to estates not vested as to those already created. to the use of any person during the life of such person, or for a time ; or of accumulating them for a period of time, and for a specific purpose not inconsistent...
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The New-York Legal Observer, Volume 5

Samuel Owen - 1847 - 490 pages
...in most cases be entirely defeated if the title were to remain in the debtor, and when the trust is to receive the rents and profits of lands, and apply them to the education of a minor, the separate use of a married woman, or the support of a lunatic or a spendthrift',...
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Commentaries on American Law, Volume 4

James Kent - 1848 - 798 pages
...lease lands, for the benefit of legatees, or for the purpose of satisfying any charge theron ;b (3.) To receive the rents and profits of lands, and apply them to the use of any person ;c or to accumulate the same • Express trusts are abolished in Louisiana by their civil code, art....
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