FUTURE INTERESTS-DEEDS-CONSTRUCTION OF LANGUAGE TO CREATE A TRUST AND A CONDITION SUBSEQUENT

Authors

Ira M. Price, II S.Ed., University of Michigan Law SchoolFollow

Abstract

A deed conveyed land to a named schoolmaster of Bristol and his successors forever "for their support for instruction of the children of the town, . . . Provided always . . . that if the said town shall neglect to place a good and sufficient Grammar schoolmaster in the said town at the death or removal of any schoolmaster . . .for the space of twelve months after the said death or removal, that the land shall" revert to me . . . and my heirs as fully and as effectively as if this deed had not been made and executed." In a bill in equity for the construction of the deed, held, the deed conveyed a fee simple in trust upon a condition subsequent which reserved a right of reverter in the grantor and his heirs. Bristol v. Nolan, (R.I. 1947) 53 A. (2d) 466.

Recommended Citation

Ira M. Price, II S.Ed., FUTURE INTERESTS-DEEDS-CONSTRUCTION OF LANGUAGE TO CREATE A TRUST AND A CONDITION SUBSEQUENT, 46 Mich. L. Rev. 1120 (1948).
Available at: https://repository.law.umich.edu/mlr/vol46/iss8/17