Succession of Breaux

Joseph A. Breaux died in New Orleans on July 23, 1926, leaving an estate which he disposed of by last will. After making several special bequests, he disposed of the residue of his estate as follows:

“The residue of my estate I hereby divide into two amounts half each to be disposed of as follows: I give and bequeath to Tulane University an amount of at least 12,000 a year and at least 12,000 a year to Loyola University. If there is not sufficient amount to justify the appointment of that number their two numbers will have to be decreased. If there is over than enough then the amount above…