Quay's Estate
Supreme Court of Pennsylvania
Appeal, No. 37, Oct. T., 1916, by Richard R. Quay and The Union Trust Company of Pittsburgh, Trustees, from decree of O. C. Beaver Co., Dec. T., 1911, No. 55, dismissing exceptions to adjudication, in Estate of M. S. Quay, Deceased. Exceptions to adjudication.
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Appeal, No. 37, Oct. T., 1916, by Richard R. Quay and The Union Trust Company of Pittsburgh, Trustees, from decree of O. C. Beaver Co., Dec. T., 1911, No. 55, dismissing exceptions to adjudication, in Estate of M. S. Quay, Deceased. Exceptions to adjudication. Upon the audit of the account, Holt, P. J., filed the following opinion: M. S. Quay died on the twenty-eighth day of May, 1901, having first made his last will and testament bearing date the twenty-seventh day of May, since his decease duly probated and remaining of record in the Register’s Office at Beaver, in Will Book N, page 369,…
1Opinion of the Court
Per Curiam,
The excess realized by the trustees in this estate over the value of the American Tobacco Company stock at the time of the testator’s death formed no part of the corpus of that portion of his estate placed in trust for his son, A. G. C. Quay, but Avas income or profit, not to be held for the remaindermen: Stokes’ Estate (No. 1), 240 Pa. 277.
The decree is affirmed on the opinion of the learned court beloAV directing it to be entered, the costs to be paid out of the fund to be distributed.
2Cases cited1 opinion
- Stokes' EstateSupreme Court of Pennsylvania · 1913
3Cited by15 opinions
- Pugh v. HolmesSupreme Court of Pennsylvania · 1979
- Nirdlinger's EstateSupreme Court of Pennsylvania · 1927
- Gartenlaub v. Union Tr. Co. of S.F.California Supreme Court · 1921
- Brock EstateSupreme Court of Pennsylvania · 1966
- Estate of John W. LowellSuperior Court of Pennsylvania · 1929
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