Beneficial Power
Defined in 5 dictionaries — Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910), Black's (1891)
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
"A power is beneficial when no person other than the grantee has, by the terms of its creation, any interest in its execution." Rev. St. N. Y. § 79. A power is beneficial if, by the terms of its creation, no interest in its execution is given to a person other than the grantee, though no such interest is especially given to the grantee. 73 N. Y. 234.
Ballentine's Law Dictionary
James A. Ballentine · 1916
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
It is used in New York and has for its object the donee of the power, and is to be executed solely for his bene Ot, in contradistinction to trust 1, which have for their obje other than the donee and are to be ex< solely for their benefit. Jennings v. Couhoy, 73 N. Y. 2:'.4.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
In New York law and practice. A power which has for its object the donee of the power, and which is to be executed solely for his banefit; as distinguished from a trust power, which has for its object a person other than the donee, and is to be executed solely for the benefit of such person. Jennings v. Conboy, 73 N. Y. 234; Rev. St. N. Y. § 79.
Defined under Beneficial in Black's Law Dictionary.
A Dictionary of Law
Henry Campbell Black · 1891
In New York law and practice. A power which has for its object the donee of the power, and which is to be executed solely for his benefit; as distinguished from a trust power, which has for its object a person other than the donee, and is to be executed solely for the benefit of such person. 73 N. Y. 234; Rey. St. N. ¥. § 79.