William De Forest Manice, Executors of De Forest Manice, Deceased, Appellants v. Catharine Maria Manice Et…

Summary

The Court held that the sons' and daughters' trust estates vest immediately upon the widow's death, that the powers to appraise, sell, and divide are valid without suspending alienation, that accumulation trusts for real estate during the grandchildren's minority are valid, that similar trusts for personal property and contingent limitations are void, and that the bequest to Yale College is valid while the request to accumulate a fund for a descendant's education does not create a trust.