Fowler v. Colt
New Jersey Court of Chancery
Oil exceptions to master’s report, made on petition of E. L. Colt, junior.
1Opinion of the Court
The Chancellor.
By an order made by written consent of parties, it was referred to a master to report t-lie interest due to the petitioner, on the sum of $40,000, directed to be held in trust *46for him by the will of his grandfather, R. L. Colt, and to be paid to him when he arrived at the age of twenty-five years, with the increase thereon by accumulation. The testator died in 1856, but the executors never put aside any sum of $40,000, or in any way separated it from the rest of the estate, to be held for this trust. The whole, or the great bulk of the estate, remained invested in the stock or…
2Cases cited1 opinion
- In re G. C. DavisonNew York Court of Chancery · 1836
3Cited by2 opinions
- Swetland v. SwetlandNew Jersey Court of Chancery · 1926
- The Pennsylvania Company, C. v. GillmoreNew Jersey Court of Chancery · 1948