The People v. Northern Trust Co.

August 25, 1922, Frank S. Beardslee, a resident of Chicago, died testate in Pasadena, California. His last will and testament, dated June 12, 1919, was admitted to probate and the Northern Trust Company, nominated in the will, appointed executor thereof. After making certain specific bequests to numerous relatives he willed his entire estate to the Northern Trust Company, with directions to pay the net income therefrom to his wife, Charlotte I. Beardslee, during her lifetime, with authority to advance out of the principal, if she should so request, an amount sufficient to make the income paid…