Mary Vernon Widow of Bowater Vernon against Thomas Vernon Son and Heir of said Bowater, et e Contra

JurisdictionEngland & Wales
Judgment Date21 November 1737
Date21 November 1737
CourtHigh Court of Chancery

English Reports Citation: 27 E.R. 1

HIGH COURT OF CHANCERY

Mary Vernon Widow of Bowater Vernon against Thomas Vernon Son and Heir of said Bowater, et e Contra

Reports of CASES ARGUED and DETERMINED in the HIGH COURT OF CHANCERY, with some few in other Courts, by CHARLES AMBLER, Esq., one of His Majesty's Counsel-at-Law and Attorney-General to the Queen. [1737-1784.] Second Edition, 1828. By JOHN ELIJAH BLUNT, Esq., Barrister-at-Law. Case 1.-mary vernon Widow of Bo water vernon against thomas vernon Son and Heir of said bowater, et e Contra. At the Eolls, 21st Nov. 1737. Sir /. Jekyll. Imperfect execution of power to jointure, by articles, completed by words of request in a codicil. (Sugd. on Pow. 360).-[Lib. Reg. 1737, B. fo. 236. S. C. cited 2 Bro. 0. C. 226.] Thomas Vernon, Esq., by his will devised his estate in Worcestershire to trustees in trust, to permit said Bowater to receive the rents and profits during his life, with power to settle a jointure on any woman that he should marry, not exceeding 500 a-year ; remainder to his first and every other son, with remainders over. Mr. Bowater Vernon, upon a treaty of marriage with plaintiff, covenanted with Bishop Hare and his lady, the plaintiff's relation, in consideration of 3000, to execute his power, and to settle 500 a-year upon the plaintiff, for her jointure; and afterwards, in pursuance of such covenant, by [4] deed, reciting his power and the covenant, and declaring that he was minded to execute his power in the fullest extent, and in the best manner he was capable of, he limits several farms at the rents they were then let at, to the value of 499, 14s. a-year; and in this deed the rental of each particular farm was expressed. The marriage took effect; and, within a little time afterwards, Mr. Vernon, finding that the lands, when the leases expired, would not let again for the same rent, but that they would sink in their value about 70 aryear, made his will, and, by a codicil thereto, he desires and earnestly requests (1) his son, inasmuch as the lands settled on,his mother were greatly fallen in value, to make up his mother's jointure 500 a-year. It was proved in the cause, that for fourteen years the lands had dropt in their value, and that, within six months after the marriage, another tenant would not take them at the old price, and that the whole were sunk about 70 a-year. This bill, amongst other things, was brought against the infant and his trustees, to have the jointure made up 500...

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  • Best practices implementation in mutual funds
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    • Journal of Financial Regulation and Compliance No. 13-1, March 2005
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    ...would increase the percentage ofindependent directors on every board and,further, require that the chairman be anindependent director. (Ambler3presents asummary of the legislation and govern-ance issues related to investment com-panies.)DATA AND METHODOLOGYThe fund families were selected fr......

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