Lafayette College's Appeal
Citations
- 273 Pa. 1
- 116 A. 532
- 1922 Pa. LEXIS 499
Syllabus
<p>Trusts and trustees — Termination of trust — Contingency—Future accruing income.</p> <p>1. When trusts specified in a deed are to determine on the happening of a contingency named, they necessarily end as soon as the contingency happens.</p> <p>2. What shall be done with the future accruing income on the investments of a trust thus terminated, can only properly be decreed when an account thereof is before the court.</p>
Judges: Frazer, Kephart, Moschzisker, Sadler, Schaeeer, Simpson, Walling
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