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PROPERTY ACT TENTATIVE DRAFT 1 QUESTIONS SUGGESTED FOR DISCUSSION [i] (May 6-8, 1937)

handle is hein.ali/aliup0014 and id is 1 raw text is: The American Law Institute PROPERTY ACT Tentative Draft No. 1 Questions Suggested for Discussion at the Fifteenth Annual Meeting May 6-8, 1937 Discussion is not confined to the questions pre- sented here. You are earnestly requested to raise any further points which occur to you. 1. § 7. Section 7, as it is worded, subjects all fu- ture interests to the claims of creditors, regardless of the sacrifice that may be caused by a forced sale. Would it be desirable to include a provision which would enable a court to set aside or postpone a sale of a future interest in order to prevent a sacrifice, if proper provision is made to protect the priority of the creditor? See Note to the Members of the Institute, pages 11 and 12. 2. § 8. Which wording of § 8 do the members of the Institute preferI See Note to the M1embers of the Institute, page 12. 3. § 9. Does everyone agree that the use of lan- guage appropriate to create a fee tail estate should be given such effect as described in § 9? 4. § 12. Is the rule of construction formulated in § 12, concerning a gift to one and his children, ap- proved?