New York Court of Appeals
Edwin B. Salisbury, Respondent v. Benjamin J. Slade, Appellant, and Mabel Sheldon, Respondents
October 3, 1899160 N.Y. 278
Summary
The Court of Appeals held that the plaintiff had no estate in the lands at the time the action was commenced, reversing the lower court's judgment and dismissing the complaint. The decision rested on a construction of the will that imposed an implied power of sale and effected an equitable conversion of the real estate into personalty, leaving the plaintiff without a vested interest.