Day v. Faulks

Stevens, Y. C.

Michael W. Devine died in November, 1895, leaving a last will by which he gave to his son Michael the shares of his estate to which two of his sons and daughters were thereunder entitled, in trust, to pay them the -rents, issues, profits and income of their respective shares during their lives, and after their deaths, to transfer their respective shares to their issue, or, if there should be no issue, into the residue.

At the time of his death, testator owned filly-six shares of the capital stock of the Singer Manufacturing Company. On December 19th, 1900, the company declared a…