Galli's Estate

Opinion by

Mr. Justice Stern,

Clara E. Galli died in 1911. Disputes having arisen in regard to her will, all the parties in interest in her estate entered into an indenture of settlement in 1916. This indenture provided that five-sixths of the residue of the estate, which part was designated as the- “Galli Interest” to distinguish it from the other one-sixth or “deFrenoys Interest,” should be held in trust by Philadelphia Trust Company (now Fidelity-Philadelphia Trust Company) to pay the net income (after making certain annual payments which are of no present concern) to Mary E. Ware, Lewis S.…