Equitable Trust Co. v. Mills

Seitz, Vice-Chancellor:

The plaintiff, Equitable Trust Company, is trustee under the will of James C. McComb (hereinafter called the “testator”), who died August 28, 1931. At various times after the testator executed his original will dated May 17, 1906, he executed some fifteen codicils thereto. Under his original will, the testator created three equal trusts of his residuary estate, one for each of his three children, Henry S. McComb, Elizabeth B. Mills and Florence G. Sinclair (now Florence McComb James). His children were to receive the income for life. Upon the death of each child, the…