ACCUMULATIONS CHAPTER 25-Continued Time of going into effect.. SEC. PAGE 642 391 643 392 As to computation of twenty-one years... Act does not render direction to accumulate void in toto 644 392 645 393 Direction to accumulate for the payment of debts.... 646 393 Discussion of the so-called doctrine of accumulations in the interest of judicious management.. 668 407 Summary of cases and statement of Pennsylvania law.... 669 409 ACCUMULATIONS CHAPTER 25-Continued Spring's Estate...... SEC. PAGE 677 417 Summary of cases and statement of Pennsylvania law.... 678 417 Distribution of income where direction to accumulate is void Inaccuracy of statement that the accumulation is void 683 Preliminary discussion and analysis. 682 420 421 684 422 Where the direction is subsidiary to a gift of the income Preliminary discussion.. Charitable objects defined Preliminary discussion.. Definition by Mr. Justice Gray... Not possible to define a charitable object... (Note on charitable objects in Pennsylvania) Indefinite and definite objects and the application of the rule against perpetuities, etc. Indefinite objects Preliminary discussion.. Definition of an indefinite class.... 715 431 716 432 717 432 718 433 720 436 721 437 GIFTS TO CHARITIES CHAPTER 26-Continued Gift at law to an indefinite charitable class Gift at law to unincorporated associations SEC. PAGE 722 437 723 438 724 440 ... Application of the rule forbidding restraints on aliena- 729 443 Application of the rule against perpetuities . 730 444 Application of the rule forbidding restraints on enjoy ment 731 444 Mr. Gray's observations on the application of the rule 732 444 Gift to a charity upon a remote contingency after a gift to 733 445 Summary as to exceptional nature of a charitable gift Pennsylvania legislation relating to gifts to charities Acts of 1855 and 1895 .. Statute of frauds .... Gift to a charity must be made within one month of death.. 737 448 .. 734 446 735 447 736 448 Necessity of naming a trustee in creating a charitable trust 743 452 |