Legal Opinion

Wiltbank's Appeal

Supreme Court of Pennsylvania

Decided February 28, 1870PublishedCited by 7 opinions

Appeal from the decree of the Court of Common Pleas of Philadelphia: In Equity : No. 16, to January Term 1870. The bill in this case was by William B. Wiltbank against The Pennsylvania Company for Insurance on Lives, &c.

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Appeal from the decree of the Court of Common Pleas of Philadelphia: In Equity : No. 16, to January Term 1870. The bill in this case was by William B. Wiltbank against The Pennsylvania Company for Insurance on Lives, &c. It set forth that the plaintiff was the only son of Maria Carleton, who died March 2d 1865, owning, amongst other estate, SOO shares of the stock of the New Haven Gas Light Co., of the par value of $25 per share; and of 20 shares of the stock of the New York and New Haven Railroad Co., of the par value of $100 per share; leaving surviving her the plaintiff and an only…

1Opinion of the Court

The opinion of the court was delivered,

by Agnew, J.

— Mrs. Maria Carleton, by her last will, created a trust of her estate, making the defendants trustees, and directing *259that they should pay to her daughter Julia the sum of $1400 per annum, out of the income and profits, and to her son, the plaintiff, the remainder of the income. After the death of Mrs. Carleton, two corporations in which she owned stock, constituting a part of the trust estate, resolved to increase their capital by an issue of new stock to be subscribed and paid for by the stockholders. The defendants, as trustees, sold the…

2Cited by7 opinions

  1. Nirdlinger's EstateSupreme Court of Pennsylvania · 1927
  2. Estate of SmithSupreme Court of Pennsylvania · 1891
  3. Stokes' EstateSupreme Court of Pennsylvania · 1913
  4. Estate of OliverSupreme Court of Pennsylvania · 1890
  5. Veech's EstateSuperior Court of Pennsylvania · 1920

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