Wilbur v. Portland Trust Co.

Paragraph First of the will of Joseph L. B. Coveil late of Portland reads as follows: “I give, devise and bequeath to The Portland Trust Company the sum of $18,000. in trust, however, for the following purposes:—To invest and reinvest and to pay over the income and as much or all of the principal as they may deem necessary, it to be the sole judge, to Warren Lodge F. A. & A. M. of Portland, Connecticut, in recognition of the honor bestowed upon me as Master.” Subsequent paragraphs made three other pecuniary bequests, but no attempt was made to dispose of any residuary estate. The named…