In re Sedgley New Zealand Insurance Company Limited v Sedgley and Others - [1961] NZLR 394

Wills — Construction — Direction to divide income of residue into four parts, one part for each of the testator's children for the term of their respective lives and "thereafter" as to capital and income "for the benefit of their children who may attain the age of twenty-one years in equal shares absolutely" Capital as well as income divided into four parts — Intestacy as to share of child who died without issue attaining twenty-one — Meaning of word "thereafter" — Implication of cross-limitations — Principles applicable.