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GIBSON ESTATE

Nos. 1071-A and 1071-C of 1940.

40 Pa. D. & C. 2d 629 (1966)

Gibson Estate

Common Pleas Court of Allegheny County, Pennsylvania.

April 19, 1966.

Attorney(s) appearing for the Case

James S. Crawford, 3rd, for accountant.

Fred C. Houston, Jr., for exceptants.

John G. Frazer, Jr., for legatees.

ADJUDICATION

BOYLE, P. J., April 19, 1966.

The question in the case at bar is whether there is an unlawful accumulation of income in the trusts created under paragraphs 8 and 9 of the will of Addison H. Gibson, deceased. If the accumulation is lawful, the unexpended income in each trust goes to the estate of the deceased life tenant. If the accumulation is unlawful, it goes to the trustees of the residuary estate, designated as the Addison H. Gibson Foundation...

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