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BANK OF DELAWARE v. BUCKSON

255 A.2d 710 (1969)

BANK OF DELAWARE, a banking corporation of the State of Delaware, Trustee under the Will of Joseph P. Pyle, Plaintiff, v. David P. BUCKSON, Attorney General of the State of Delaware, Defendant.

Court of Chancery of Delaware, New Castle.

June 17, 1969.

Attorney(s) appearing for the Case

Henry N. Herndon, Jr., and Jay P. James, of Morris, James, Hitchens & Williams, Wilmington, for plaintiff.

Ruth M. Ferrell, Deputy Atty. Gen., for the Attorney General.

Richard F. Corroon, Wilmington, amicus curiae, and Michael D. Goldman, of Potter, Anderson & Corroon, Wilmington, on the brief.

DUFFY, Chancellor.

A complaint for instructions was filed by Bank of Delaware, trustee under the will of Dr. Joseph P. Pyle, who died on April 7, 1917.1 The residuary clause of his will, dated February 13, 1914, provides in part as follows:

"Whereas the prosperity, stability and well being of any Community or State depends on the character and intelligence of its Citizens, and whereas I believe that the education, training and...

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