Waterman's Estate

Opinion by

Mr. Justice Simpson,

When Isaac G. Waterman died, he had a vested one-sixth interest in his grandfather’s estate, which consisted of 7,100 shares of the capital stock of the Kingston Coal Company. That estate is not distributable until the decease of certain persons, some of whom are still living; his interest was vested, however, and he, or his personal representatives, were entitled to receive the *493dividends declared on Ms proportion-.of the stock, and the stock itself on the death of the last survivor of said persons.

By his will, he provided, inter alia, as follows:

“Sixth. I direct…