Legal Opinion

Penfield's Trust

Pennsylvania Court of Common Pleas, Philadelphia County

Decided November 14, 1946No. 10,407Published

1Opinion of the Court

Parry, J.,

The Provident Trust Company of Philadelphia and Joseph Carson, surviving trustees, have filed their fifteenth and final account of a trust under deed of Anne W. Penfield dated June 8, 1923, which has now terminated. The only question raised at the audit concerns the distribution of the balance now remaining in the trust fund, which is claimed by former beneficiaries of the trust, by the co-executor of the settlor’s estate and by the Chestnut Hill Hospital, a charity selected by the trustees pursuant to certain provisions in the deed of trust.

From the stipulation of facts submitted…

2Cases cited6 opinions

  1. Beilstein v. BeilsteinSupreme Court of Pennsylvania · 1899
  2. Lippincott's EstateSupreme Court of Pennsylvania · 1923
  3. French's EstateSupreme Court of Pennsylvania · 1927
  4. Scott's TrustSupreme Court of Pennsylvania · 1935
  5. Sinnamon v. ClaytonSupreme Court of Pennsylvania · 1930

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