Hostetter Estate

Opinion by

Mr. Justice Musmanno,

On September 28, 1924, D. Herbert Hostetter of “Hostetter’s Stomachic Bitters” fame, died in Pittsburgh, leaving a will which created a spendthrift trust of the residue of his estate for the benefit of his widow, children, and grandchildren, the trust to continue until the death of the last survivor of the named beneficiaries living at the time of his death, the principal then to be distributed among the surviving lineal descendants.

Included in the assets of the residuary estate were 894 shares of stock of the Hostetter Company, origiginally inventoried at…