[DOWNLOAD] "Hartford National Bank & Trust v. Yearly Meeting" by Supreme Court of Connecticut ~ Book PDF Kindle ePub Free
eBook details
- Title: Hartford National Bank & Trust v. Yearly Meeting
- Author : Supreme Court of Connecticut
- Release Date : January 08, 1951
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 71 KB
Description
The principal question presented upon the reservation of this action for the construction of the will of Walter R. Jones concerns the disposition of surplus income of a trust under the will. The testator died at Hartford September 22, 1934, leaving a will executed by him August 24, 1934. After making certain specific bequests and devises, he gave the life use of his shore cottage in Saybrook to his wife, and further directed that the trustee named in the fifth paragraph of the will pay to her $350 per year for its maintenance, ""said sum to be paid by my Trustee from the fund created in the Fifth paragraph of this will."" By the fifth paragraph he gave the residue of his estate to the plaintiff as trustee, with the following provisions: It was to hold, invest and reinvest the estate and to collect the income until the termination of the trust. It was also to pay in equal monthly installments these annuities: To the testator's wife, $2400 a year during her life; to the testator's sister, Ethel M. Jones, $720 a, year, to be used by her for the support of the testators parents, Lindsey S. Jones and Alice R. Jones, during their lives; and to Elsie Peters, who was not related to the testator, $480 a year during her life or until she married. After the death of the testator's wife, the trustee was directed to pay in equal