JEFFRIES ESTATE


393 Pa. 523 (1958)

Jeffries Estate.

Supreme Court of Pennsylvania.

June 30, 1958.


Attorney(s) appearing for the Case

Harold Cramer, appellant, in propria persona.

Robert T. McCracken, with him Samuel S. Logan, Jr., for appellees.

Before BELL, MUSMANNO, ARNOLD, JONES and COHEN, JJ.


OPINION BY MR. JUSTICE BELL, June 30, 1958:

The question involved is a very narrow one: Can the testamentary trustees purchase shares of stock?

Thomas J. Jeffries, testator, died on February 23, 1922, leaving a last will dated January 27, 1922. He left his residuary estate in trust for certain persons and purposes. Testator then provided in the Seventh item of his will pertinently as follows: "SEVENTH: I confer power upon my Trustees during the activity of...

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