Tyler Trusts

Opinion by

Mr. Chief Justice Jones,

These appeals, which stem from two inter vivos trusts created by Sidney E. Tyler (settlor), present questions of apportionment between principal and income of certain corporate stock distributions, shares of stock acquired by exercise of stock subscription rights, proceeds of sales of stock subscription rights, *43their accretions and proceeds thereof and the proceeds of sales of stock allocated to principal by the trustee.

On May 30, 1917, the settlor created, and subsequently funded, a revocable inter vivos trust wherein settlor was the named income beneficiary…