Hoopes Estate
This text of 177 A.2d 447 (Hoopes Estate) is published on Counsel Stack Legal Research, covering Supreme Court of Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Opinion by
This appeal involves an interpretation of the following provision of testatrix’s will: “. . . that the school board shall hold this fund, retaining the stock if it so desires, shall invest and re-invest the principal, and use the net income each year for a
The original testamentary trustee awarded the total net income available June 30, 1958 in the sum of $540.04 to Charles A. Philips. For the years 1959, 1960 and 1961 the original trustee by resolution provided that the net income in each of those years should be equally divided between 2 and 3 and 4 respective recipients. The Orphans’ Court agreed with the substituted trustees that a construction of decedent’s will was a matter for the Court and that its construction would prevail over any construction by a trustee. The [363]*363Court then correctly concluded that it was the testatrix’s intention, as expressed in her will, that the annual scholarship award shall consist of the net income for that year and that amount should be paid to. the award recipient for that year.
The order is affirmed on the memorandum opinion of President Judge van Roden; each party to pay their respective costs.
Italics ours.
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Cite This Page — Counsel Stack
177 A.2d 447, 406 Pa. 361, 1 Conn. Cir. Ct. 153, 1962 Pa. LEXIS 684, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hoopes-estate-pa-1962.