Taylor v. Columbian University

Citations

• 226 U.S. 126
• 33 S. Ct. 73
• 57 L. Ed. 152
• 1912 U.S. LEXIS 2136

Syllabus

<p>A’devise and' bequest, to’a university to .establish an endowment fund for free.education of young mein for preparation for.entrance to the United States- Naval Academy or to fit them' to become mates or ' masters in the Merchant Marine Service of ;the United States, held. in this case to create a charitablé trust that is capable of execution and one which is not void as toó indefinite for execution.</p> <p>Where testator names one institution ter carry out a trust and names another as alternate in case the former shall not be able to perform, - the court will not declaré the trust impossible of execution on ac- • count of the failure of the first-named institution to carry it out until after the second named has also tried and failed.</p> <p>Conclusions as to facts reached by two lower courts will not be disturbed by this court unless manifestly erroneous.</p> <p>In establishing an educational endowment fund the words “Merchant-Marine Service of the United States” have a definite meaning sufficient to sustain the trust.-</p>