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27 N.Y. Sup. Ct. 360

Cutting v. Cutting

New York Supreme Court

Decided March 15, 1880

New York Supreme Court · decided 1880-03-15

By the sixth item of her will, Gertrude Cutting devised and bequeathed a share of her estate to her “ executors in trust to receive the rents and profits thereof during the life of my son, Fulton Cutting, if ho survive me, and to apply the same to the use of my son, Fulton Cutting, during his life; and, upon his decease, to assign and convey the capital to such person or persons, and in such manner as he, by his last will and testament (and not otherwise), may direct and…

Decided 1880-03-15

Brady, J.

¶1(dissenting).

¶2I have not time at present to express my views of the rights of creditors arising from the due execution of a power, such as granted by Mrs. Cutting, and must content myself by simply observing that the Bevised Statutes do not, m my opinion, contain any provisions designed to abrogate the law on that subject, as it existed *372ill regard to real estate when a valid power was created and exercised. And, farther, that I do not discover from the revisers’ notes any intention to interfere with the results of such a power and its exercise. What is said by them is not as clearly enunciated as it might Be, a peculiarity which generally seems to mark the mystic subject of powers and trusts where treated ; but the whole expression of the revisers, in regard to the matter, leads my mind to the conclusion that they meant to secure the existing rights of creditors more effectually. I therefore dissent from so much of the judgment pronounced by my brethren as conflicts with this opinion.

¶3Judgment modified as directed in opinion of Barrett, J.

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