Welch v. Trustees of Episcopal Theological School

This is a petition by the plaintiffs as trustees under the will and codicil of Benjamin T. Reed praying that the trust may be terminated as to two thirds of the property held by them in trust, and that they may be authorized and directed to convey the same to the Trustees of the Episcopal Theological School who are the ultimate beneficiaries of the whole of the trust property. The said Benjamin T. Reed left a widow, and a son who was his sole heir and next of kin. By a codicil to his will he gave the rest and residue of his estate to trustees in trust first to make up out of the income any…