EFFECTS. Property, or worldly sub stance. As thus used, it denotes property in a more extensive sense than goods. 2 Bla. Corn. 284. See The Alpena, 7 Fed. 361. Indeed the word may be used to embrace every kind of property, real and personal, including things in action; as, a ship at sea ; Welsh v. Parish, 1 Hill (S. C.) 155; a bond ; Banning v. Sibley, 3 Minn. 389 (Gil. 282) ; 16 East 222; shares of capital stock ; Union Nat. Bank v. Byram, 131 Ill. 92, 22 N. E. 842.
In a will, "effects" may carry the, whole persona] estate ; 5 Madd. 72; 15 Ves. 507; but not real estate; Andrews v. Applegate, 223 Ill. 535, 79 N. E. 176, 12 L. R. A. (N. S.) 661, 7 Ann. Cas. 126; Appeal of Price, 169 Pa. 294, 32 Atl. 455 ; unless the word "real" be added ; 15 M. & W. 450 ; Foxall v. McKen ney, 3 Cranch C. C. 206, Fed. Cas. No. 5,016 ; Schouler, Wills § 509. "Effects either real or personal," in the residuary clause of a will, have been held to embrace real estate; 22 L. J. Ch. N. S. 236; Page v. Foust, 89 N. C. 447. When preceded or followed in a will by words of narrower import, if the bequest is not residuary, it will be confined to spe des of property of the same kind (ejusdem generis) with those previously described; 13 Ves. 39; Rop. Leg. 210. See 2 Sharsw. Bla.
Corn. 384, n. Generally speaking the word "effects" in a will, is equivalent to "proper ty" or "worldly substance" ; but the inter pretation may be restricted to articles ejus dem generis with those previously enumer ated or specified ; 1 Ves. Jr. 143; 15 Ves. 500.
When "the effects" passes realty, and when personalty, in a will, see 1 Jarm. Wills 585, 590; Ennis v. Smith, 14 How. (U. S.) 400, 420, 14 L. Ed. 472 ; 1 Cowp. 307; L. R. 8 Ch. Div. 561; WILL.
In a treaty between the United States and the Netherlands, "effects" was held to in clude real estate; Dowd v. Sea well, 14 N. C. 188; and in a treaty between Sweden and the United States "fonds et biens" (trans lated goods and effects) was held to embrace all kinds of property ; Adams v. Akerlund, 168 Ill. 632, 48 N. E. 454. But these words in this treaty were held to apply' to personal ty only in Meier v. Lee, 106 Ia. 303, 76 N. W. 712.