BOLGER, J., December 9, 1955.
The settlor, Parker M. Smith, by revocable deed of trust dated July 25, 1940, transferred to his trustees preferred and common stock of Smith, Drum & Co., a Pennsylvania corporation, under certain terms and conditions. By the final amendment to the deed dated August 15, 1947, settlor provided that the income should be paid to him for life and after his death his widow should receive the sum of $10,000 out of income and the excess...
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