The facts appear from the following extracts from the adjudication of
LEFEVER, J., Auditing Judge.
On February 16, 1917, Mary Powers Harris, settlor, executed a deed transferring $5,000 to the Pennsylvania Company for Insurances on Lives and Granting Annuities (now the Pennsylvania Company for Banking and Trusts), trustee, in trust to pay the net income to herself for life; upon her death to pay the net income to her grandson, Ross J. Harris, for life; upon...
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