Kelsey Estate

Opinion by

Mr. Justice Bell,

The question involved is narrow: Can the inter vivos trustee invest in common stocks?

A. Warren Kelsey made a Deed of Trust on July 16, 1914 in which he assigned certain enumerated bonds, having an approximate value of $300,000, and $100,000 in cash to the Germantown Trust Company, Trustee, in trust for certain persons and purposes therein set forth.

Trustee filed a partial account, denominated Sixth Account, on November 30,1955. The account showed an investment on October 25, 1955 in 20 shares of the common stock of Philadelphia Electric Company and the sale of those…