Amerige v. Goddard

The trustees under the will of Harriot M. Goddard, who died on June 9, 1910, and whose will was proved soon after, bring this petition for instructions with respect to the allocation of receipts and expenses to capital or income. The case comes here upon an appeal by the life beneficiaries from a decree of the Probate Court.

By her will the testatrix gave the residue of the estate, both realty and personalty, to trustees to hold and invest "as one entire and undivided trust fund” until the death of the last survivor of her daughter Mrs. Sprague and seven grandchildren. One half of the income…