Packer's Estate (No. 1)

Opinion by

Mr. Justice Simpson,

By testator’s will he created a trust, and gave to his niece, Mary Packer Blue, who later became Mary Packer Thomas, “only the income [of it]......for her natural life — at her death this share shall pass to all my other beneficiaries — except Mary Packer Blue — named in my will dated January 18,1906.” By agreement of the parties in interest, the securities in testator’s estate were distributed in kind, at the valuation fixed when the amount of the inheritance tax was determined, the trustees receiving a part thereof for the purposes of the trust. While Mrs.…