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Updated: July 31, 2024


Unless there is reason to expect a great increase in the earnings of railways, the whole operation does nothing to alter the distribution of wealth. This could only be effected if the present owners were expropriated, or paid less than the market value, or given a mere life-interest as compensation. When full value is given, economic justice is not advanced in any degree.

Neat, contented, active and self-respecting, she enjoyed a life-interest in two acres and a cottage, her live stock consisting of a goat, a pig and poultry, her invested capital government stock representing a hundred pounds.

Whether or no that income was hers in perpetuity, or only for life, he had not positively known when he made his offer. The will made by Sir Florian Eustace did not refer to the property at all. In the natural course of things, the widow would only have a life-interest in the income. Why should Sir Florian make away, in perpetuity, with his family property?

Fairlie's part, in the character of guardian, if my knowledge of the family affairs had not been sufficient to remind me that he was a single man, and that he had nothing more than a life-interest in the Limmeridge property. As matters stood, therefore, I was neither surprised nor disappointed at the result of the interview. Mr.

In no case could Grandcourt have been a nephew after his own heart; but as the presumptive heir to the Mallinger estates he was the sign and embodiment of a chief grievance in the baronet's life the want of a son to inherit the lands, in no portion of which had he himself more than a life-interest.

The Morris estate of about fifty thousand acres was parceled out and sold by the State of New York to settlers. It seems, however, that Roger Morris had only a life-interest in the estate, and this was a legal point so fine that it was entirely overlooked in the joy of confiscation. Washington was a great soldier, but an indifferent lawyer. John Jacob Astor accidentally ascertained the facts.

Rouget consented without objection to the action Flore dictated to him; but he insisted that the investment in the Funds, producing fifty thousand francs a year, should stand in Flore's name as holding a life-interest only, and in his as owner of the principal.

At home, in France, at this same date, his own servitors begin to comprehend that his empire is not merely a life-interest and will not last after he is gone, but that the Empire is ephemeral and will not last during his life; for he is constantly raising his edifice higher and higher, while all that his building gains in elevation it loses in stability.

The first of the three children to marry was the eldest sister. Maria considered herself fortunate in captivating Mr. Vere a man of old family, with a high sense of what he owed to his name. He had a sufficient income, and he wanted no more. His wife's dowry was settled on herself. When he died, he left her a life-interest in his property amounting to six hundred a year.

An argument is derived from contraries, thus: "That woman to whom her husband has left a life-interest in all his property, has no right, if his cellars of wine and oil are left full, to think that they belong to her; for the use of them is what has been bequeathed to her, and not the misuse: and they are contrary to one another."

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