Fidelity, C., Co. v. the J.R. Shanley, C., Co.

Bernard M. Shanley, late of Newark, left an estate, the residue of which yields upwards of $400,000 annually. After pecuniary gifts, and the use of his homestead to his widow, presently to be emphasized, he bequeathed the income of the residuary estate to his widow and to his three sons, Bernard, William and Roosevelt, in equal shares during the life of the widow and her widowhood; upon her death or marriage, the principal equally among the sons. The sons are dead. Bernard's interest is, apparently, intact. William's and Roosevelt's have been pledged for their debts, now, approximately,…