CHRISMAN v. CORNELL UNIVERSITY


1 N.J. Super. 486 (1948)

62 A.2d 157

FRANCIS LEON CHRISMAN, JR., ET ALS., PLAINTIFFS, v. CORNELL UNIVERSITY, ET ALS., DEFENDANTS.

Superior Court of New Jersey, Chancery Division.

Decided October 27, 1948.


Attorney(s) appearing for the Case

Messrs. Gilhooly & Yauch (Mr. Edward J. Gilhooly), for the plaintiffs.

Mr. Alfred C. Clapp, for defendants Charles Dana Chrisman and Dorothy June Chrisman Miller.

Mr. James E. Fagan, for the defendant Boyer Chrisman.


FREUND, J.S.C.

The plaintiffs, trustees under the last will and testament of Francis Leon Chrisman, filed a petition for advice respecting the division of the residuary estate of the decedent, and the defendants join in the prayer.

The pertinent clause of the will provides:

"6 — (d) I direct my said trustees, after setting aside the fund provided in the preceding clause of this will, to invest...

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