Moss's Appeal
Supreme Court of Pennsylvania
Appeal from the Orphans’ Court of PhiladelqoTiia county: Of July Term 1876, No. 101. This was the appeal of William Moss, M. D., and others, who were the residuary legatees of the estate of Henry Lazarus, deceased, from a decree of distribution in the account of Luden Moss, an executor and trustee under the will of decedent. Deceased died in 1868, possessed of one hundred shares of the stock of the Pennsylvania Company for Insurances on Lives and Granting Annuities.
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Appeal from the Orphans’ Court of PhiladelqoTiia county: Of July Term 1876, No. 101. This was the appeal of William Moss, M. D., and others, who were the residuary legatees of the estate of Henry Lazarus, deceased, from a decree of distribution in the account of Luden Moss, an executor and trustee under the will of decedent. Deceased died in 1868, possessed of one hundred shares of the stock of the Pennsylvania Company for Insurances on Lives and Granting Annuities. The executors did not sell this stock. By Act of April 3d 1872, Pamph. L. 790, the legislature authorized said company to…
1Opinion of the CourtJustice Paxson
Henry Lazarus, by his will, devised “ the income, profits and products” of his estate to his wife for life, and after her death (after the payment of certain legacies) he devised all of his estate to residuary legatees, among whom are the appellants. At the time of his death in 1868, he was the owner of one hundred shares of the capital stock of the Pennsylvania Company for Insurance on Lives and Granting Annuities. The stock of said corporation consisted of ten thousand shares of $100 each, amounting to $1,000,000. The executors did not sell this stock, but retained it in their hands as a…
2Cited by21 opinions
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