Wright's Estate
Supreme Court of Pennsylvania
Jan. T., 1909, by S. Megargee Wright, from decree of O. C. Phila. Co., July T., 1895, No. 104, dismissing exceptions to adjudication in Estate of John Wright, deceased. Exceptions to adjudication.
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Jan. T., 1909, by S. Megargee Wright, from decree of O. C. Phila. Co., July T., 1895, No. 104, dismissing exceptions to adjudication in Estate of John Wright, deceased. Exceptions to adjudication. From the record it appeared that John Wright died January 23, 1895. By clause seven of his will he provided: “ Seventh: — I give and bequeath to my Executor hereinafter named, one hundred shares of the capital stock of the Philadelphia Trust Safe Deposit and Insurance Company and twenty-five shares of the capital stock of the Girard Life Insurance Annuity and Trust Company of Philadelphia, its…
1Opinion of the Court
*73Opinion by
Mr. Justice Potter,
January 3,1910:
This proceeding was the adjudication of the account of the trustee for Margaret Megargee Wright, under the will of John Wright, deceased. The question to be determined is the proper distribution of a fund accumulated under directions in the will, which were void, by reason of the provisions of sec. 9 of the Act of April 18, 1853, P. L. 503, ordinarily known as the statute against accumulations.
Counsel for both sides in this case admit the directions in the will were unlawful; but the appellant contends that the accumulated fund was to be regarded as…
2Cases cited4 opinions
- Washington's EstateSupreme Court of Pennsylvania · 1874
- Weinmann's EstateSupreme Court of Pennsylvania · 1909
- MartinSupreme Court of Pennsylvania · 1898
- Estate of FarnumSupreme Court of Pennsylvania · 1899
3Cited by5 opinions
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- Lowe's EstateSupreme Court of Pennsylvania · 1937
- Sternbergh's EstateSupreme Court of Pennsylvania · 1915
- Thistle's EstateSupreme Court of Pennsylvania · 1919