From: kfl@KeithLynch.net   
      
   Charles Packer  wrote:   
   > Cryptoengineer wrote:   
   >> In practical terms, this limits such instruments to around 100   
   >> years.  For example, Disney has an agreement with the state of   
   >> Florida which grants certain privileges until 21 years after the   
   >> death of the last survivor of the descendants of King Charles III   
   >> at the time the agreement was made.   
      
   > Do you have a source for this rather bizarre provision?   
      
   I think he's talking about the Rule Against Perpetuitites.  Law is   
   deeply weird.  (For instance, the fact that I proved my innocence of   
   burglary, but that proof was immediately dismissed as irrelevant due   
   to untimeliness.  Similarly, several people have been executed despite   
   their innocence having been proved, and Texas is about to do the same   
   to Robert Roberson.)   
      
   In some states, no perpetuity can last more than 21 years beyond the   
   lifetime of anyone named in the document.  So they name someone as   
   young as possible whose life is as likely as possible to be kept close   
   track of, e.g. Britain's king's children or grandchildren.  The person   
   doesn't need have to have the slightest relevance to the perpetuity.   
   --   
   Keith F. Lynch - http://keithlynch.net/   
   Please see http://keithlynch.net/email.html before emailing me.   
      
   --- SoupGate-DOS v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)