New York Court of Appeals February 27, 1900 (Hascall v. King)

lead-opinion

Parker, Ch. J.

Since 1828 tlie Revised Statutes have in terms prohibited the accumulation of the rents and profits of real estate and of the income of personal property, except during the minority and for the sole benefit of minors. (1 R. S. 726, sections 37, 38.