Equitable Trust Co. v. Shaw

The Chancellor:

The question in this case arises under the will of W. Miller Shaw, deceased, who died testate on September 3, 1930, possessed of a parcel of real estate with a dwelling thereon erected in Margate City, Atlantic County, New Jersey, and of considerable personal property.

By his will, he devised to his wife, Clara E. Shaw, “all my interest in real estate of whatsoever nature and wherever situate.”

The New Jersey property was purchased by the decedent on February 19, 1927, from Seaview Corporation, a New Jersey corporation, for the sum of $33,500.00. By the written agreement of sale…