Download or read book The Quarterly Law Journal, 1859, Vol. 4 (Classic Reprint) written by A. B. Guigon and published by Forgotten Books. This book was released on 2017-05-18 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Quarterly Law Journal, 1859, Vol. 4 To ascertain the rule for determining the present value of a contingent right of dower, suppose the case of a husband 94 years of age, and a wife 93; and that the annuity of one dollar per annum is payable to A while both are living, to B when both are dead, to C whilethe wife survives the husband, and to D while the husband survives the wife. According to the table of mortality both will be dead after the expiration of six years, B receiving certainly the whole annuity after that time; A, C, and D having no possible chance of receiving any portion after that time. Hence the annuity for the six years alone is subject to division, and the question is what portion of the present value of the annuity for six years shall each of the parties A, B, C and D receive. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.