DeSilver's Estate
Citations
- 211 Pa. 459
- 60 A. 1048
- 1905 Pa. LEXIS 482
Syllabus
<p>Trusts and trustees—Charity—Failure of trustee—Discretionary power— Act of April 26, 1855, P. L. 328.</p> <p>Where testator gives discretionary power to his three executors to distribute a large sum of money among charitable institutions, except missionary societies, with a direction that the fund should be divided among as large a number of associations “as my said executors may think best calculated to secure the greatest amount of good from this donation,” and all the executors die without having made any distribution of the fund, the charitable bequest will not -fail, but the court will, under the Act of April 26, 1855, P. L. 328, appoint a trustee to carry it out.</p>
Judges: Brown, Elkin, Fell, Mestrezat, Potter
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