Heyl Estate

Opinion by

Mr. Justice Drew,

By his last will and testament, as amended by two codicils, George A. Heyl, who died in 1926, created a spendthrift trust of the income of his residuary estate for the benefit of his two daughters, Kate Heyl Peace and Matilda Heyl Jackson; each to receive one-half of the income during her lifetime. On December 29,1930, Mrs. Peace, one of the beneficiaries, wrote to tbe surviving trustee, G-irard Trust Company, that if if would use a portion of tbe corpus of tbe trust to build a borne for ber, sbe would agree that ber share of tbe income should be charged with…