Wood's Estate

Opinion by

Parker, J.,

John P. Wood died June 24,1927 leaving a will dated in 1923 in which he created a trust to continue during the life of his widow and until the decease of his last surviving child. The Pennsylvania Company for Insurance on Lives and Granting Annuities and three sons of the testator are trustees under the will. An account of the trusteeship having been filed certain of those entitled to the present income from the trust filed exceptions to the account challenging the right of the trustees to invest any funds of the trust estate in common stock of a private corporation. The…