Stafford's Estate
Supreme Court of Pennsylvania
Appeal, No. 69, Oct. T., 1917, by Nazareth Literary and Benevolent Institution, from decree of O. C. Allegheny Co., Sept. T., 1916, No. 169, refusing to decree the termination of a trust in Estate of Mary Stafford, Deceased. Petition for the termination of a trust. Before Trimble, J. The opinion of the Supreme Court states the facts. The court dismissed the petition. Petitioner appealed. was in dismissing the petition.
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Appeal, No. 69, Oct. T., 1917, by Nazareth Literary and Benevolent Institution, from decree of O. C. Allegheny Co., Sept. T., 1916, No. 169, refusing to decree the termination of a trust in Estate of Mary Stafford, Deceased. Petition for the termination of a trust. Before Trimble, J. The opinion of the Supreme Court states the facts. The court dismissed the petition. Petitioner appealed. was in dismissing the petition. The court unquestionably has the power to terminate a trust in a proper case, even though the whole of its prescribed term has not expired: Culbertson’s App., 76 Pa. 145, 148,…
1Opinion of the Court
Opinion by
Me. Justice Moschziskeb,
Mary Stafford died March 12, 1912; she devised her real estate to the Colonial Trust Company, in trust, to h.old, use, manage, etc., and to pay over the net income therefrom in equal portions to her brothers, James and William, during their lives. She further provided that, if either or both of these brothers should die before Catherine Stafford, a sister, his or their income should be paid to the latter for life. Upon the death of the last surviving life beneficiary, she devised the principal of the trust property in fee to the- Nazareth Literary and…
2Cases cited17 opinions
- Disston's EstateSupreme Court of Pennsylvania · 1917
- Spring's EstateSupreme Court of Pennsylvania · 1907
- Harrar's EstateSupreme Court of Pennsylvania · 1914
- Stewart's EstateSupreme Court of Pennsylvania · 1916
- Culbertson's AppealSupreme Court of Pennsylvania · 1874
12 more not listed; retrieve them via the Exa API.
3Cited by36 opinions
- Cannistra EstateSupreme Court of Pennsylvania · 1956
- Grote TrustSupreme Court of Pennsylvania · 1957
- Bowers' Trust EstateSupreme Court of Pennsylvania · 1942
- Musser's EstateSupreme Court of Pennsylvania · 1940
- Peiter v. DegenringSupreme Court of Connecticut · 1949
31 more not listed; retrieve them via the Exa API.