Freehold Trust Co. v. Kelsey
Freehold Trust Co. v. Kelsey
19 A.2d 779; 129 N.J. Eq. 383; 1941 N.J. LEXIS 651
(Atlantic Reporter, Second Series)
Freehold Trust Co. v. Kelsey
Opinion of the Court
The facts herein are sufficiently set forth in the opinion below. It is our conclusion that the trust fund of $25,000 was controlled by the provision of the will restricting investments thereof to bonds and mortgages and the failure of the trustee to comply therewith justified the entry of the decree below. Eor this reason the decree appealed from is affirmed.
For affirmance — Parker, Case, Bodine, Donges, Heher, Perskie, Porter, Colie, Dear, Wells, WolesKetl, Raeeerty, Hague, Thompson, JJ. 14.
For reversal — None.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.