Massachusetts Supreme Judicial Court February 6, 1959 (Second Bank-State Street Trust Co. v. Yale University Alumni Fund)

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United States · · · 06-02-1959

Williams, J.

The bank, as trustee under an indenture of trust, executed on December 31, 1934, with Henry C. Nutt, asks instructions as to whom and in what proportions the trust fund is payable. The indenture provided that the trustee should pay the income to the settlor for life and upon his death to his brother Frank A. Nutt for his life.

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