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ESTATE OF McCREDY

323 Pa.Super. 268 (1983)

470 A.2d 585

ESTATE OF Frances R. McCREDY, Deceased. Appeal of VILLAGE IMPROVEMENT ASSOCIATION (Doylestown Hospital) and Attorney General of the Commonwealth of Pennsylvania.

Supreme Court of Pennsylvania.

Filed December 23, 1983.

Attorney(s) appearing for the Case

Walter E. Nelson, Jr., Philadelphia, for Village Improvement, appellant.

Lawrence Barth, Deputy Attorney General, Philadelphia, for Commonwealth, appellant.

Davil L. Grove, Philadelphia, for Weaver, Campbell and Spellessy, participating parties.

Norman H. Brown, Philadelphia, for Provident Nat'l. Bank, participating party.

Before CAVANAUGH, BROSKY and CIRILLO, JJ.

CIRILLO, Judge:

The charitable beneficiary under a testamentary trust seeks to surcharge the corporate trustee and the individual trustee's estate for the amount of losses incurred on certain trust investments. The questions raised require an interpretation of provisions of the will of Frances R. McCredy, deceased.

Frances R. McCredy died on December 26, 1964. She left a will dated June 24, 1954, with codicils dated June 5, 1961 and November 25, 1964. Item...

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