Maiorano v. Virginia Trust Co.

This is the second time we have considered the will of Fritz Sitter-ding. In Gasque v. Sitterding, 208 Va. 206, 156 S.E.2d 576 (1967), we decided the time of vesting of the income of the trust established under article THIRD of the will. Now we determine the time of Vesting of the principal of that trust.

The pertinent portions of article THIRD, which we have again designated for convenient reference as (a), (b), (c) and (d), follow:(a) “THIRD: I direct my Executors to set aside from my estate, and hold as a trust fund, Three Hundred Thousand Dollars ($300,000),....(b) “The said Trustees shall…