Worcester County Trust Co. v. Grand Knight of the Knights of Columbus

This is a petition for instructions by the Worcester County Trust Company, trustee under two trusts created by instruments executed by the Reverend John F. Leonard on April 3, 1929. The petition was brought in the Probate Court for the county of Worcester and is here on reservation and report by the judge of probate after findings by him of material facts. G. L. (Ter. Ed.) c. 215, § 13.

The larger trust, hereafter referred to as Trust #1, with a fund of approximately $18,000 provided that the annual income, after payment of the expenses and fees of the trustee, should be expended as follows:…