Milford Trust Co. v. Milford Memorial Hospital, Inc.

The Chancellor:

The complainant’s bill asks for instructions with respect to the disposition of certain funds belonging to the estate of Louder N. Hearn, late of the Town of Milford, deceased.

Mr. Hearn died on December 13th, 1937. In his will, he devised and bequeathed the residue of his estate to “The Milford Trust Company,” in trust, however, and with the express direction that at the death of his mother, Alice Hearn, the whole of the said trust fund should “then be equally divided into two separate trust funds.” The first of these funds was to “be known as The Milford Emergency Hospital…