Westfield Trust Co. v. Beekman

As to paragraph 5, it is argued that the trustees may never obtain a flattering offer for the "Social Register" from persons who will conduct it upon the same lines, and who can be relied on to maintain the standard established by the testator, or that such offer may not be obtained within a period of lives in being and twenty-one years thereafter, and that the trust is void as opposed to the rule against perpetuities, because the trustees are directed and charged with a positive obligation to conduct the "Social Register" unless and until offer of the kind described is obtained from persons…