City of Klamath Falls v. Bell

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that a corporate property interest passed to heirs and assigns of the sole shareholders more than forty years after the corporation’s voluntary dissolution
• Conveyance to city for \so long as\ it used land for a library granted city a fee simple determinable interest. City could have used land for a library in perpetuity. Subsequent executory interest was therefore void as violative of rule against perpetuities.
• Conveyance to city for “so long as” it used land for a library granted city a fee simple determinable interest. City could have used land for a library in perpetuity. Subsequent executory interest was therefore void as violative of rule against perpetuities.

Source: CourtListener parenthetical corpus (CC0).