Holt v. . Holt

The object of this action is to obtain a construction of item 13 of the will of E. M. Holt, deceased, as to the disposition to be made by the trustees named therein, the defendants in this (243) action, of the fund bequeathed to them in trust — it being left in doubt whether the bequest in said item was intended to be limited to the beneficiary during his life or was simply restrained by a provision limiting his power of disposal thereof; the said beneficiary having by his last will treated the bequest to himself as an absolute one and in his turn disposed of the same, it was necessary for…