Central National Bank v. Coyle

OPINION

By BREWER, J.

The Central National Bank of Cleveland, as Trustee under the will of Henry E. Coyle, deceased, filed its petition for a construction of the will and instructions.

Henry E. Coyle, in Item I of his will, provided “that all debts be first paid out of the principal of my estate”. After making certain bequests of personal effects, the will directed that all the “remainder” of the estate be held in trust. The trustees were directed to pay either out of income or principal all taxes which may be a charge upon the “trust estate”, and to pay the “entire net income remaining” to his…