Table showing the value of an annuity of $1 on a single life, according to the Carlisle Table of Mortality, at 5 per cent. interest, referred to in General Rule No. 70. Calculate the interest at 5 per cent. for one year upon the sum to the income of which the person is entitled. Multiply this interest by the number of years purchase set opposite the person's age in the table, and the product is the gross value of the life-estate of such person in said sum. Suppose a widow's age is 37, and she is entitled to dower in real estate worth $350.75. One-third of this is $116.91 2/3. Interest on $116.91 for one year at 5 per cent. (as fixed by the 70th Rule) is $5.85. The number of years' purchase which an annuity of $1 is worth at the age of 37, as appears by the table, is thirteen years and 843/1,000 parts of a year, which multiplied by $5.85, the income for one year, gives $80.98 and a fraction as the gross value of her right of dower. Suppose a man whose age is 50 is tenant by the curtesy in the whole of an estate worth $9,000. The annual interest on the sum at 5 per cent. is $450. The number of years' purchase which an annuity of $1 is worth at the age of 50, as per table, is 11.660 parts of a year, which, multiplied by $450, the value of one year, gives $5,247 as the gross value of his life estate in the premises, or the proceeds thereof. NOTE. The values in this table are calculated on the supposition that the annuities are payable yearly, first payment due one year hence. These values, with those for joint and survivorship life interest, may be found in "Commutation Tables for Joint Annuities and Survivorship Assurances Based on the Carlisle Mortality, by David Chisholm." London, Charles & Edwin Layton, 1858. 105b INDEX TO RULES OF PRACTICE. (The references are to the numbers of the rules.) Admission of attorneys: for order extending time ... on ex parte application, statement as to previous application. on motion to change venue to entitle guardian to compensation Agreements: between parties or attorneys, to be in writing... Allegations: in pleadings, to be marked Allowance: applications for additional of time, for counsel Answer: in action for divorce Appeal: to Appellate Division, papers on, where filed to be placed on calendar, in what order failure of appellant to appear papers on, to be furnished by appellant Appearance: entry of . failure of appellant to make Application: ex parte, affidavits on, to contain statement as to previous application of mortgage to be filed or recorded before conveyance on foreclosure.. 63 Attachments: petition or affidavits on, to be filed grounds to be stated if property of defendant is held under, case preferred... Clerk of conrts: books to be kept by Complaint: dismissed for neglect to bring issue to trial in action for divorce, what to contain allegation in, legitimacy of children in action for divorce. Consents: to payments of money out of court to be acknowledged... Corporation: sequestration of property. Counsel: time allowed. . Depositions within State: compelling witnesses to testify Discovery: of books, papers and documents form of application for order granting application order to operate as a stay of proceedings Divorce: service of summons in action for .. complaint in action for, what to contain. reference in action for in trial of action for, public may be excluded judgment by default, when granted answer in action for allegation of legitimacy of children. judgment in, not to be granted of course, on default. copy of pleadings or testimony not to be furnished Enumerated motions: what are......... (See Motions.) Rul |