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B.M.C. DURFEE TRUST CO. v. TAYLOR

325 Mass. 201 (1950)

89 N.E.2d 777

B.M.C. DURFEE TRUST COMPANY, trustee, vs. ANNA O. WIXON TAYLOR & others.

Supreme Judicial Court of Massachusetts, Bristol.

January 5, 1950.

Attorney(s) appearing for the Case

M.A. Westgate, stated the case.

A.W. Blakemore, for the respondent Louise N. Wixon, guardian.

A.E. Seagrave, for the guardian ad litem.

Present: QUA, C.J., RONAN, WILKINS, SPALDING, & COUNIHAN, JJ.

SPALDING, J.

Walter J. Wixon died on August 13, 1942, leaving a will which was duly proved and allowed. The third clause of his will reads as follows: "I give $5,000 to the B.M.C. Durfee Trust Co. of Fall River, Mass. in trust ... to pay over to my grandchildren, quarterly, the net income therefrom, until they become 25 years of age, at which time the principal, discharged of all trust, is to be divided between them. In...

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