Opinion · Supreme Court of North Carolina

Cross v. . Camp

42 N.C. 193

Type
Opinion
Court
Supreme Court of North Carolina
Jurisdiction
North Carolina
Date
1851-06-05
Topic
general

Ruffin, C. J. The tenant for life of a residue or of a sum of money can have the interest only ; for, in effect, he is the donee of an annuity measured by the interest. The solvency of one in the best credit now is so uncertain as to-any future time, especially through his life time, as not to-authorize his having in his hands, or his own credit, money which must go over to others at his death. The executor,, therefore, ought not to have paid the money part of the-estate to the daughter’s guardian, but ought to have required it to be invested under the direction of the Court for the benefit of all who, may be entitled from time to time.

Citator

UpLaw has not yet analyzed Cross v. . Camp. The absence of a flag is not a finding that it is good law.

Cited by
1 opinion