Berry v. President, C., Bank of Manhattan Co.

In this suit the widow of Samuel Berry seeks a construction of that part of his will which directs the executors to purchase an annuity for her. The clause in question reads as follows:

"Third: I authorize, empower and direct the executor of my said will hereinafter named, to set aside and expend a sum for the purchase of an annuity from a reliable insurance company to produce an annual income of Three thousand ($3,000) Dollars, and I direct that said sum be paid in equal monthly installments to my wife, MARY JANE BERRY, during the term of her natural life. I further direct that in no event…