Knox's Estate (No. 1)

Opinion by

Mr. Chief Justice Kephart,

Senator Philander C. Knox died on October 12, 1921, and by his will set np a trust in his residuary estate. The trustees were directed to divide “any and all remainder of the net income arising from such trust fund” in equal shares among his widow and four children for life, with gifts over of each share except that of his son Hugh. Upon the termination of the trust the corpus is to be distributed per stirpes among the living issue of testator’s daughter and two of his sons, and, there being no issue, to his heirs at law.

Testator acquired 1,600 shares of…