Wooldridge v. Hotze

Peter Hotze died testate in April, 1909. Under the terms of his will, executed September 27, 1907, he devised all his real estate in trust for the purpose of paying the income therefrom to his three children during their lives with the corpus to be delivered to his grandchildren upon the death of his three children and “after the youngest living child . . . born to either . . . said children shall arrive at the age of 21 years.” The will further devised to the trustee $15,000 in money or securities. . . . “He shall invest, reinvest, and keep invested the $15,000 herein given him in trust, in…