Gray v. Corbit
Court of Chancery of Delaware
Bill in Equity.—The material facts of this case are as follows :— Richard Thomas died Feb. 24, 1870 and letters of administration upon his estate were granted to George Gray, Esq., the complainant.
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Bill in Equity.—The material facts of this case are as follows :— Richard Thomas died Feb. 24, 1870 and letters of administration upon his estate were granted to George Gray, Esq., the complainant. Samuel Thomas, the father of Richard, had died April 20, 1829 having made his will under date of April 5,1829 by which, among other things, he devised to Daniel Corbit and James Booth in fee simple sundry parcels of real estate, in trust, to apply one half of the net rents and profits to the support of Mary Ann Thomas until she reached the age of twenty one years, then to her sole and separate use,…
1Opinion of the Court
The Chancellor :—
The object of this bill is to ascertain the rights of the parties with respect to certain trust property held by the defendants, Messrs. Corbit and Spruance, as trustees under the will of Samuel Thomas deceased ; being that portion of the testator’s estate which he devised in trust for the benefit of his son Richard Thomas, now deceased, during his lifetime, with sundry remainders over upon his decease. The whole trust estate now consists of over $20,000 held in money and securities, together with a considerable body of real estate. The present controversy concerns the whole…
2Cited by10 opinions
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- Huxley v. Security Trust Co.Court of Chancery of Delaware · 1943
- Lewes Trust Co. v. SmithCourt of Chancery of Delaware · 1944
- Wilmington Trust Co. v. CarpenterCourt of Chancery of Delaware · 1950
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