Geissler v. Reading Trust Co.

Citations

• 257 Pa. 329
• 101 A. 797
• 1917 Pa. LEXIS 738

Syllabus

<p>Trusts and trustees — Testamentary trust — Rule against perpetuities — Equity.</p> <p>A devise of property in trust, the income of which is limited to the children of testator by name for life, and after their death to their children (grandchildren of testator) as a class, and after the death of the last of such grandchildren then the corpus to vest in testator’s great-grandchildren, per capita, offends the rule againsf perpetuities, and is void and the heirs of testator may compel the trustee to convey the property to them absolutely.</p>