Sheaff's Estate
Supreme Court of Pennsylvania
Appeal, No. 266, Jan. T., 1910, by John D. Sheaff, from decree of C. P. No. 5, Phila. Co., June T., 1910, No. 2,189, appointing trustee in estate of George Sheaff, deceased. Petition for the appointment of a trustee. Before Staake, J. The opinion of the Supreme Court states the case. Error assigned was decree appointing trustee.
1Opinion of the Court
Opinion by
Mr. Justice Mestrezat,
By his will, George Sheaff directed his executors to pay his wife $3,000 per annum out of the rents of his Black Bear estate until the property was sold when a sufficient amount of the purchase money was to be invested by the executors in some good security or securities which would *253produce that sum. The residue of the purchase money was directed to be divided among his six children. If the property was not sold during the life of his wife, he devised it to his children at her death. The will then provides: “That the said security or securities for raising the…
2Cases cited2 opinions
- Chamberlain v. MaynesSupreme Court of Pennsylvania · 1897
- Rush v. LewisSupreme Court of Pennsylvania · 1853
3Cited by8 opinions
- Murphey v. C. I. T. Corp.Supreme Court of Pennsylvania · 1943
- Ostrom v. DatzSupreme Court of Pennsylvania · 1922
- Thaw EstateSuperior Court of Pennsylvania · 1948
- Taylor v. BaileySupreme Court of Pennsylvania · 1936
- Friedley v. Security Trust & Safe Deposit Co.Court of Chancery of Delaware · 1912
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