Malden Trust Co. v. Brooks

Carlos E. Ball died January 10, 1909. By his will he gave all his property to Edward C. Ball, William Leavens and Frederick H. Page in trust to “hold, manage, control, invest and re-in vest the same,” to pay to his wife Elizabeth W. Ball “the income thereof for and during the term of her natural life,” and, under certain conditions, portions of the .principal, to divide after her death one third of the principal of the trust fund among his heirs at law other than his grandson Edmund Ball Hopkins, to continue to hold the remaining two thirds of the trust fund and use income thereof for the…