Lorillard v. Coster
New York Court of Chancery
This was an appeal from a decree of the vice chancellor of the first circuit. George Lorillard, of the city of New-York, died in September, 1833, a bachellor, possessed of a large real and personal property, worth about three millions of dollars; most of which was in real estate in the city of New-York, and the annual income of his property at the time of his death was from eighty to one hundred thousand dollars.
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This was an appeal from a decree of the vice chancellor of the first circuit. George Lorillard, of the city of New-York, died in September, 1833, a bachellor, possessed of a large real and personal property, worth about three millions of dollars; most of which was in real estate in the city of New-York, and the annual income of his property at the time of his death was from eighty to one hundred thousand dollars. His mother was living at the time of his death, but she survived him only a few days. He left two brothers of the whole blood, Jacob and Peter Lorillard ; one brother and one sister…
1Opinion of the Court
The Chancellor.
The validity of the trust as to the legacies to the Theological Seminary and to St. Philip’s Church, and as to the several annuities, present or future, which the trustees are directed to pay out of the rents and profits of the city property, was not contested on the argument of this appeal. On the contrary, it was distinctly admitted on the part of the appellants, and I understood the counsel for all the other parties to the suit who are interested in the question to concede, that the provisions of the will and codicil were valid, so far as related to the payment of such…
2Cases cited1 opinion
- Craig v. LeslieSupreme Court of the United States · 1818
3Cited by34 opinions
- McArthur v. ScottSupreme Court of the United States · 1885
- Manice v. . ManiceNew York Court of Appeals · 1871
- Purdy v. . HaytNew York Court of Appeals · 1883
- Cross v. United States Trust Co.New York Court of Appeals · 1892
- Locke v. Farmers' Loan & Trust Co.New York Court of Appeals · 1893
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