Young v. Snow
Massachusetts Supreme Judicial Court
Bill in equity, filed February 24,1896, to terminate a trust under the will of David Snow. Hearing before Field, 0. J., who, at the request of the parties, reserved the case for the consideration of the full court upon the bill and answers. The facts, so far as material, are as follows.
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Bill in equity, filed February 24,1896, to terminate a trust under the will of David Snow. Hearing before Field, 0. J., who, at the request of the parties, reserved the case for the consideration of the full court upon the bill and answers. The facts, so far as material, are as follows. The will, by the sixth, seventh, and eighth paragraphs, provided that the residue of the estate was to remain in the hands and control of the executors as trustees for twenty years after the death of the testator, and then was to go to his heirs at law. Meanwhile, certain annuities were to be paid to bis…
1Opinion of the CourtBanker, J.
If the provisions of the will are carried out, the fund will remain in the hands and control of the trustee for twenty years from the testator’s death, during which period so much of the income as is needed for that purpose will be used to keep his estate in repair, and during the first ten years, not yet expired, there will be an accumulation of part of the income. None of these provisions are repugnant to law or contrary to public policy. The testator therefore had the right to make the disposition of his property which hé did make, and it is the duty of the court, so far as it has…
2Cases cited2 opinions
- Claflin v. ClaflinMassachusetts Supreme Judicial Court · 1889
- Forbes v. LothropMassachusetts Supreme Judicial Court · 1884
3Cited by34 opinions
- Davis v. MitchellCourt of Appeals of Tennessee · 1943
- State Street Trust Co. v. HallMassachusetts Supreme Judicial Court · 1942
- Closset v. BurtchaellOregon Supreme Court · 1924
- Forbes v. SnowMassachusetts Supreme Judicial Court · 1923
- Ellis v. HuntMassachusetts Supreme Judicial Court · 1917
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