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" Cas. 497, the master of the rolls says, that " nothing is better established than this principle, that money directed to be employed in the purchase of land, and land directed to be sold and turned into money, are to be considered as that species of property... "
Reports of Cases Argued and Determined in the High Court of Chancery: During ... - Page 487
by Great Britain. Court of Chancery, William Brown - 1819
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Mozley and Whiteley's Law Dictionary

Herbert Newman Mozley, George Crispe Whiteley, Frederick George Neave, Leonard Henry West - Law - 1904 - 368 pages
...considered as personal, and personal estate as real, and transmissible and descendible as such. Thus money directed to be employed in the purchase of land,...property into which they are directed to be converted. CONVEYANCE. The transfer of the ownership of property, especially landed property, from one person...
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Reports of Cases at Law and in Equity Determined by the Supreme ..., Volume 118

Iowa. Supreme Court - Law reports, digests, etc - 1908 - 870 pages
...terms of the will, then, the edttsej£S>tn- land was to be treated as personalty. "Nothaitywhen. ing is better established than this principle: that money...property into which they are directed to be converted." Fletcher v. Aahbumer, 1 Brown, Ch. 497; Craig v. Leslie, 3 Wheat. 563 (4 L. Ed. 460); Tazewell v. Smith...
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A Digest of Decisions of the Supreme Court of Iowa: From the Organization of ...

Emlin McClain - Law - 1909 - 1266 pages
...of Hall, 132-664, 110 NW 148. 558. Equitable conversion: In carrying out the provisions of a will, money directed to be employed In the purchase of land,...property into which they are directed to be converted. Boland v. Tiernay, 118-59, 91 NW 836. 550. But the parties Interested may elect a re-conversion and...
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Lawyers' Reports Annotated, Book 20

Law reports, digests, etc - 1909 - 1278 pages
...Fletcher v. Ashburner (1779) 1 Bro. Ch. 497, a leading case on the subject, as follows (page 499) : "Money directed to be employed in the purchase of...property into which they are directed to be converted." The rule is operative whether the direction is contained in a will or other instrument of writing....
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Ohio Circuit Court Reports: New Series, Volume 11

Ohio. Circuit Court - Law reports, digests, etc - 1909 - 684 pages
...497, the doctrine that. "Nothing is better established than this principle, that money directed ta.be employed in the purchase of land, and land directed...property into which they are directed to be converted." But while this is the settled law, it may well be doubted whether it can be held to apply for the benefit...
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The Canadian Law Times, Volume 29

Law - 1909 - 1234 pages
...employed in the purchase of land, and land directed to be sold and turned into money, are to be considered that species of property into which they are directed to be converted; the owner of the fund or the contracting parties may make land money or money land." But this dictum...
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United States Circuit Courts of Appeals Reports: With Key-number Annotations ...

Appellate courts - 1910 - 826 pages
...directed to be employed in the purchase of land, and land directed to be sold and turned into money, sire to be considered as that species of property Into...this, in whatever manner the direction is given.' lie adds: 'The owner of the fund, or the contracting parties, may make land money, or money land. The...
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An Epitome of Leading Conveyancing and Equity Cases: With Some Short Notes ...

John Indermaur - Conveyancing - 1913 - 248 pages
...ASHBURNER. (1 Lead. Cas. Eq. 347.) (1779—1 Bro. CC 497.) Decided : — That it is an established principle that money directed to be employed in the...are directed to be converted ; and this, in whatever way the direction is given ; and therefore, in this case, that real estate having been ordered to be...
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Commentaries on the Law of Wills: Embracing Execution ..., Volume 2

John E. Alexander - Wills - 1918 - 996 pages
...will be subject to the incidents attending legacies of such class. It is a general principle of equity that money directed to be employed in the purchase...species of property into which they are directed to be converted.49 46 Shobe v. Brinson, 148 Ind. len, 62 Ala. 146; Attorney General 285, 47 NE 626. v. Hubbuck,...
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Commentaries on the Law of Wills: Embracing Execution ..., Volume 2

John E. Alexander - Wills - 1918 - 996 pages
...will be subject to the incidents attending legacies of such class. It is a general principle of equity that money directed to be employed in the purchase...species of property into which they are directed to be converted.49 «Shobe v. Brlnson, 148 Ind. len, 62 Ala. 145; Attorney General 285, 47 NE 625. v. Hubbuck,...
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