Camden Safe Deposit & Trust Co. v. Scott

The opinion of the court was delivered by

Perskie, J.

The question requiring decision in this cause is whether the will of Dr. William E. Powell violates the rule against perpetuities. Paragraph 6 thereof provides:

6 :A. “I give, devise and bequeath all the rest, residue and remainder of my estate, both real and personal, whatsoever and wheresoever situate, unto my Exeutor hereinafter named, upon trust, nevertheless, to divide the same into two equal parts or shares and to hold, invest and re-invest each of said equal parts or shares and to pay the income arising from one said equal parts or…