Excerpt from Suspension of the Power of Alienation, and Postponement of Vesting, Under the Laws of New York, Michigan, Minnesota and Wisconsin: With an Appendix Containing the Corresponding Statutes Concerning Suspension in the States of California, Idaho, Indiana, Iowa, Kentucky, North Dakota and South DakotaThe well-known works of Mr. Lewis and of Mr. Mars den on Perpetuities, and of Professor Gray on Perpetui ties, and on Restraints on Alienation, deal with the law in force in England, and in many of our States. With the adoption of the Revised Statutes, however, New York abandoned the system embodied in this law, and instituted a system of her own, which, except in its application to personal property, has since been adopted in Michigan, Minnesota and Wisconsin.The changes thus introduced have been of so radical a character as to render inapplicable, to a large degree, the treatises and reports embodying the earlier law. The present book deals with the law of New York, Michigan, Minnesota and Wisconsin, on the subject of suspension of the power of alienation, and of ownership, and postpone ment of vesting, and points out, in an appendix, certain features in which the laws of the three latter States differ from those of New York. The appendix also gives the statutes of seven other States, which have followed the lead of New York in so far as to substitute for the Rule against Perpetuities a statutory provision against suspen sion of the absolute power of alienation, and in which many of the principles discussed in the following pages are consequently applicable.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.