Price's Estate
Opinion of the Court
The scheme of this will, viewed as a whole, is very clear. The principal or corpus of the estate was to be held in trust until the death of the last survivor of the testator’s children, and until that time the income was to be appropriated and applied, in the language of the testator, towards the support and maintenance of the families of his five children, including their respective husbands and wives, and their children and grandchildren. As was observed when this will was before the court, Price’s Estate, 6 D. & C. 371, the testator was actuated by patriarchal motives and intended to provide for his beneficiaries by groups or families. “So long as the trust continues the living members of the respective families of his children are to enjoy the benefit of a fifth of the income; and, on the other hand, if the line of any of his children should become extinct while the trust endures, then the income provided for that family should be added to the income provided for the surviving families.” When, further, the trust should terminate by the death of the last survivor of his children (who was Rebecca P. Hunt), the testator provided that the corpus or principal of the trust estate should “then be equally divided among my grandchildren; including my granddaughter, Lydia W. Parrish; born or to be bom, share and share alike, so that each of my grandchildren shall receive an equal share with the others, without regard to the number of children, that each of my children may have. And I hereby authorize and direct my said Executors to assign and convey to my said grandchildren, each of their respective share of my residuary estate absolutely and in fee simple. And if any of my grandchildren be then deceased, leaving issue, a child or children, such issue shall take, if one solely, if more than one equally, share and share alike, such portion of my estate, as their parent or parents would have taken if living.” Rebecca P. Hunt, the last surviving child of the testator, having now died, we are called on to construe this direction of the will.
The Auditing Judge, in a very careful adjudication, construed the will as a whole and cited many of the principal cases upon the subject of vested and contingent legacies. We fully agree with his conclusion that the clear and only reasonable intent to be gathered from the will was that the testator gave
The exceptions are dismissed and the adjudication is confirmed absolutely.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.