Gillespie's Estate

Klein, J.,

Thomas Gillespie, decedent, died in 1895, leaving a large estate, which consisted, inter alia, of 55 pieces of real estate and more than a hundred ground rents. He appointed his son, James Leiper Gillespie, executor and trustee of his will, by the terms of which Elizabeth Gillespie, decedent’s widow, was to receive the income from the residuary estate for her life. Upon her death the trust was to continue for a period of three years. Thereafter, one ninth of the principal was left to James L. Gillespie absolutely, and the balance in trust for other designated children and…