« PreviousContinue »
new sections thereto, to be numbered 62a and 625................
1, 1903.............................................................. 520
LAWS OF ILLINOIS.
ADMINISTRATION OF ESTATES.
ACCCUMULATION OF TRUSTS--PDEIOD LIMITED.
8 1. Period of accumulation of trusts, limited.
(HOUSE BILL No. 251. APPROVED Mar 24, 1807.) An Act to restrain all trusts and directions in deeds in wills whereby
the profits or produce of real or personal estate shail 'be accumulated, and the beneficial enjoyment thereof postponed beyond the time therein limited.
SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That no person or persons shall, after this Act goes into effect, by any deed or deeds, will, codicil or otherwise howsoever executed after this Act goes into effect, settle or dispose of any real or personal property, so and in such manner, either expressly or by implication, that the rents, issues, profits or produce thereof shall be wholly or partially accumulated; for any longer term than the life or lives of any such grantor or grantors, settlor or settlors, or for any longer than the term of twenty-one years from the death of any such grantor, settlor, devisor or testator; or for any longer than during the minority or respective minorities of any person or persons who shall be living, or in ventre sa mere at the time of the death of such grantor, devisor or testator, or for any longer than during the minority or respective minorities only of any person or persons who, under the uses or trusts of the deed, will or other assurances directing such accumulations, would, for the time being, if of full age, be entitled unto the rents, issues and profits, or the interest, dividends or annual produce so directed to be accumulated; and in every case where any accumulation shall be directed otherwise than as aforesaid, such direction shall be null and void, and the rents, issues, profits and produce of such property so directed to be accumulated shall, so long as the same shall be directed to be accumulated contrary to the provisions of this Act, go to and be received by such person or persons as would have been entitled thereto if such accumulation had not been directed: Provided, that nothing in this Act contained shall extend to any provision for payment of debts of any grantor, settlor or devisor, or other person or persons, or to any provision for raising portions for any child or children of any person taking any interest under such conveyance, settlement or devise, or to any direction touching the produce of timber or wood upon any lands or tenements; but that all such provisions and directions shall and may be made and given as if this Act had not passed.
APPROVED May 24, 1907.
SALE OF REAL ESTATE-SUMMONS.
§ 1. Amends section 102, act of 1872.
102. Summons returnable to court
out of which same issued.
(House Bill No. 112. aprilogeb JUNE 4, 1907.) An Act to amend section 102. Pof ani: Act entitled, "An Act in regard
to the administration of.estates;s approved April 1, 1872, in force July 1, 1872, as amended by an Act approved June 15, 1887, in force July 1, 1887. ::::
Section 1. Bert eiiacted by the People ofthe State of Illinois, represented in the.Gojięul Assembly: That section 102 of an Act entitled, “An Act in regard to the administration of estates," approved April 1, 1872, in force':July 1, 1872, as amended by an Act approved June 15, 1887, in farte July 1, 1887, be and the same is hereby amended to read as follows:
S 102. Upon the filing of the petition of the clerk of the court, where the same may be filed, shall issue summons directed to the sheriff of the county in which the defendant resides, if the defendant is of this State, requiring him to appear and answer, the petition on the return day of the summons; and where there are several defendants, residing in different counties, a separate summons shall be issued to each county, including all the defendants residing therein. Every summons shall be made returnable to the first term of the county court out of which such summons issued, after the date thereof, unless the petition is filed within ten days immediately preceding any term, in which case the summons shall be returnable to the next term thereafter.
APPROVED June 4, 1907.