Wilmington Trust Co. v. Sloane

Harrington, Chancellor:

This case involves the validity of the exercise of a power of appointment by the last will and testament of Blanche Travers Edison, deceased, and raises important questions relating to the conflict of laws.

Thomas A. Edison, by an agreement with Central Union Trust Company of New York, dated October 2, 1925, assigned and transferred to that corporation, as trustee, certain United States Treasury bonds with the direction that the entire net income therefrom be paid to his son, William L. Edison, during his lifetime. That instrument provided:

“Upon the death of the…