In re the Accounting of Clark

Hazleton, S.

In the construction phase of this proceeding, it appears that in the several trusts set up in Clauses B, D and F, of her will, the testatrix provided that1 ‘ from the income and so much of the principal of the trust fund as may be needed or required from time to time (it being my expectation that the income will be insufficient for the purposes specified) ”, there is to be paid each beneficiary 11 an annuity or total net sum of five thousand * * * dollars in every year ”.

Although the petitioners have paid to the beneficiaries annually the sum of $5,000, they now find on their…