Powers v. Powers

The question submitted to this court for its decision is whether the plaintiff is entitled to interest, under the trust created in his favor by the fifth clause of the will of the testator, from the time of his decease. In this clause, he gave to his executor and trustee the sum of $50,000, “in trust, however, to invest and reinvest the same from time to time, as may be necessary, in first bonds and mortgages, or United States government securities, and to pay over the income thereof to my cousin Henry PI. Powers during the term of his natural life.” The residue of this clause in the will is…