The Principles of Equity As Administered in the Supreme Court of Judicature And Other Courts of Equitable Jurisdiction

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1 ; 31 L. J., Eq. 823 ; 27 L. J., Eq. 417 ; 22 L. J., Eq. 916 ; 21 L. J., Eq. 787).
Apportionments have been ordered in cases in which there was not sufficient to pay principal and interest (8 Eq. 343 ; 2 Ph. 14) ; but generally, particularly where the same person is entitled to both, as also in other cases, the interest has been deemed first payable (20 Eq. 456 ; 18 Eq. 313 ; 6 Eq. 12).
A legatee is not generally entitled to dividends or bonuses declared before the testator's death (4 Eq. 283
...; 29 L. J., Eq. 179, and see cases there cited, and 23 L. J., Eq. 12 ; 14 V. 16, as to, whether the tenant for life or the remainder- man takes the bonuses). In a case (18 Eq. 697) the tenant for life was held entitled; while in another case (5 Eq. 238), new shares, which had been allotted as fuUy paid, were held to be capital.
Although legatees, not specific, take the income from a year after the testator's death (4 Eus. 495) or appropriation, a gift of everything to be converted and divided gives the tenant for life the income Irom the death.


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