In re Estate of Edwards
Supreme Court of Pennsylvania
Appeal, No. 198, Jan. T., 1898, by the Lancaster Trust Company, from decree of O. C. Lancaster Co., sustaining exceptions to auditor’s report. Exceptions to report of William Aug. Atlee, auditor. The facts appear by the opinion of the Supreme Court. Errors assigned were in sustaining exceptions to report of auditor. The trust for accumulations is valid during the minority of the children of George J. Edwards. It is not void in toto, but only pro tanto.
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Appeal, No. 198, Jan. T., 1898, by the Lancaster Trust Company, from decree of O. C. Lancaster Co., sustaining exceptions to auditor’s report. Exceptions to report of William Aug. Atlee, auditor. The facts appear by the opinion of the Supreme Court. Errors assigned were in sustaining exceptions to report of auditor. The trust for accumulations is valid during the minority of the children of George J. Edwards. It is not void in toto, but only pro tanto. This is true because the act of 1853 expressly allows trusts of this nature during minority: Washington’s Est., 75 Pa. 106; Brown v.…
1Opinion of the Court
Opinion by
Mr. Justice McCollum,
The question to be determined on this appeal depends on the construction of the will of Charles Edwards, deceased. The provisions of the will which have a direct bearing on the question are as follows : “ I order and direct my executors to invest the clear balance of my whole estate, real, personal or mixed, remaining after all debts, expenses and proper charges are deducted, in such securities, and at such rate of interest, as my said executors, or the survivor of them, in their discretion, may deem proper; and the interest or income thereof to re-invest in…
2Cases cited9 opinions
- Ashhurst v. GivenSupreme Court of Pennsylvania · 1843
- Grim's AppealSupreme Court of Pennsylvania · 1885
- Washington's EstateSupreme Court of Pennsylvania · 1874
- MartinSupreme Court of Pennsylvania · 1898
- Estate of HibbsSupreme Court of Pennsylvania · 1891
4 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Neel's EstateSupreme Court of Pennsylvania · 1916
- Maris's EstateSupreme Court of Pennsylvania · 1930
- Billings's EstateSupreme Court of Pennsylvania · 1920
- Sternbergh's EstateSupreme Court of Pennsylvania · 1915
- Roney's EstateSupreme Court of Pennsylvania · 1910
3 more not listed; retrieve them via the Exa API.