Legal Opinion

Fownes Trust

Pennsylvania Orphans' Court, Allegheny County

Decided April 1, 1955No. 975 A-2 of 1950Published

1Opinion of the Court

Rahauser, J.,

The third and final account of the trustees of the above estate came before the court January 18, 1955.

The deed of trust provides, inter alia, as follows:

*638“(a) The Trustees shall pay in convenient periodic installments not less frequently than quarterly the net income of the trust estate to C. B. Fownes, son of Grantor, during his life.
“(b) The Trustees shall have full power and authority in their discretion to distribute to said C. B. Fownes from time to time a portion or portions of principal in additon to income above provided for to the end that said C. B. Fownes may receive…

2Cases cited11 opinions

  1. Nirdlinger's EstateSupreme Court of Pennsylvania · 1927
  2. Crawford EstateSupreme Court of Pennsylvania · 1949
  3. Waterhouse's EstateSupreme Court of Pennsylvania · 1932
  4. McKeown's EstateSupreme Court of Pennsylvania · 1919
  5. Jones v. Integrity Trust Co.Supreme Court of Pennsylvania · 1928

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