Fidelity Union Trust Co. v. Caldwell

George B. Wilson died a resident of Monmouth County January 17th, 1909. He left a will duly probated by the surrogate of that county. Complainant, Fidelity Union Trust Company, as substituted trustee under his will, prays construction and instructions with respect to the fourth paragraph thereof which reads:

"Fourth: All my residuary estate, both real and personal, wheresoever situate, I give, devise and bequeath to my executor, his heirs, successors, and assigns forever, to have and to hold the same in trust to be disposed of as follows:

"(a) One-fifth of the net income from the residuary…