Benson Estate

Opinion by

Mr. Justice Roberts,

A controversy concerning the provisions of the deed of trust of Joseph N. Pew, Jr., presents us with the narrow but always perplexing question of whether the trust instrument created vested or contingent interests in each of the settlor’s four children if and when they attained the age of thirty-two. We hold the interests vested.

Joseph N. Pew, Jr., created several inter vivos trusts on June 1, 1932, which he funded with 42,000 shares of the common stock of the Sun Oil Company. The settlor, inter alia, directed the trustees to hold 30,000 shares for the benefit of…