If a general power is in other respects validly created within the limits allowed by the rule against perpetuities, it is no objection to its validity that the objects of the power may not be ascertained within the perpetuity period, as the donee is in effect in the position of an absolute owner1. Thus a power in a single2 donee to appoint to any person, including himself, without the consent3 of any other person is treated as equivalent to an absolute vested interest in the subject matter to which the power applies, the perpetuity period in relation to the
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