Legal Opinion

Lembeck v. Lembeck

New Jersey Court of Chancery

Decided March 19, 1929Published

1Opinion of the Court

In this case complainant filed a bill for the dissolution of a trust created under the will of Henry Lembeck, and a distribution of the assets. The clauses of the will in dispute are the third and the eighteenth. The third clause reads as follows:

"It is my will and I do order that unless my executors hereinafter named shall consider it advisable, they need not sell or divide my stock in the Lembeck Betz Eagle Brewing Company until twenty-five [25] years have elapsed after my decease. And in the meanwhile such stock shall be held by my executors, the survivors or survivor of them hereinafter…

2Cases cited5 opinions

  1. Lillard v. Oil, Paint & Drug Co.New Jersey Court of Chancery · 1903
  2. Martin v. KimballNew Jersey Court of Chancery · 1916
  3. Laurel Springs Land Co. v. FougeraySupreme Court of New Jersey · 1893
  4. Martin v. KimballSupreme Court of New Jersey · 1916
  5. Stevens v. United States Steel Corp.New Jersey Court of Chancery · 1905

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