In Re Buckelew

Andrew S. Buckelew died on October 23d 1917, leaving a last will and testament in which he named Freehold Trust Company and two individuals as executors. Shortly after filing an inventory on December 19th, 1919, the individual executors were discharged, and the trust company continued to manage the estate.

The second paragraph of the will provided:

"I give and bequeath to my daughter Olevia W. White, wife of Frank White, of Red Bank, the interest from the sum of Twenty-five Thousand Dollars, for and during the term of her natural life, said sum of Twenty-five Thousand Dollars to be invested…