Fowler v. . Webster

This is a proceeding to garnishee the trustee in a “spendthrift trust” in order to subject the income maturing from the fund in its hands to the payment of a debt of the cestui que trust, who is a nonresident.

Revisal, 1588, provides: “Spendthrift Trusts authorized. — It shall be lawful for any person by deed or will to convey any property, which does not yield at the time of the conveyance a clear annual income exceeding $500, to any person in trust to receive and pay the profits annually or oftener for the support and maintenance of any child, grandchild, or other relation of the grantor,…