Thellusson Act

See Accumulation. ^ THEN". Aa an adverb of time, means "at that time," referring to a time specified, past or future. It has no power of itself to fix a time; it refers to time already fixed. 2 As an adverb of contingency, means "in that event." ^ Although, strictly, an adverb of time, it often intends an event or contingency; and is equivalent to " in that event," or " in that case." In this sense it designates a limitation of an estate, or a future contingency on which it is made to depend. Thus employed, it is a word of reference, not indicating any particular point of time. < See Eemainder; When. Then and there. In an indictment, refer to some foregone averipent by which their effect is determined. If that is a single act, and the indictment avers that ' then and there " another act occurred, the necessary import is that the two acts were precisely co-existent, and the word "then" refers to a precise time. When the antecedent averment fixes no precise time, " then," used afterward, of course fixes no definite time.* When time and place have once been named with certainty it is sufdcient to refer to them afterward by the words " then and there: " the effect being the same as if the time and the place were repeated.*

The Stat. 39 the will made by a Mr. Thellusson. He was a person of great wealth; and by his will, after providing for his immediate descendants, he left the bulk of his property to be accumulated until his descendants living or in ventre sa mere at the time of his death should be dead. The act called the Thellusson act was passed to prevent a repetition of a bequest of this kind. By its provisions, a grantor or testator is forbidden to direct the accumulation of his property for a period exceeding twenty-one years from his death, subject to certain exceptions mentioned in the act. The principle of thus restricting the power to create a perpetuity, or to suspend the power of alienation of property given by will, has been widely adopted, by legislation, throughout the United States.