Fownes Trust
Supreme Court of Pennsylvania
1Opinion of the Court
Opinion by
Mb. Chief Justice Bell,
The question involved is this:
Is the adopted son of one of the children of the life tenant entitled to a share of income under this inter vivos trust?
The Orphans’ Court* held that the adopted son of Settlor’s deceased grandson was not “issue” within the meaning of the trust and hence was not entitled to any income thereunder.
On December 7, 1933, Henry C. Fownes, as SettlorGrantor, and his two sons as Trustees, executed an irrevocable deed of trust. The trust was composed of stocks and bonds** which the Settlor owned and trans*478ferred to the Trustees. In the…
2Cases cited5 opinions
- Collins EstateSupreme Court of Pennsylvania · 1958
- Holton EstateSupreme Court of Pennsylvania · 1960
- Howlett EstateSupreme Court of Pennsylvania · 1951
- Storb AppealSupreme Court of Pennsylvania · 1960
- Tower EstateSupreme Court of Pennsylvania · 1963
3Cited by20 opinions
- Tafel EstateSupreme Court of Pennsylvania · 1972
- Estate of SykesSupreme Court of Pennsylvania · 1978
- Farmers Trust Co. v. BashoreSupreme Court of Pennsylvania · 1982
- Benedum EstateSupreme Court of Pennsylvania · 1967
- Chambers EstateSupreme Court of Pennsylvania · 1970
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