64 Pa. 216 | Pa. | 1870
The opinion of the court was delivered,
— This is a bill in equity, praying for a conveyance of the estate in the defendants as trustees on the alleged expiration of the trust at the death of the plaintiff’s husband. A decree dismissing the bill pro forma was made at Nisi Prius, in order that the ease might reach the court in banc. But one question is involved, and that is, whether the trust created for Mrs. Megargee during coverture, by her father John Naglee, in his last will, has fallen by the death of her husband Samuel Megargee. It seems to us very clear that the active trust vested in the joint board of trustees of the sons and daughters for the improvement of the estate, and its partition, ceased after the term fixed for the performance of these duties had expired and the partition made. Thenceforth there was nothing to keep alive the trust for the daughters, except so far as the will created a special trust for
Decree reversed, bill restored, and a decree ordered to be drawn up for the plaintiff for the conveyance of the legal estate to her with costs, subject to the settlement of the account of the defendants as trustees for all proper charges and deductions to which they may be legally and equitably entitled, for and by reason of the trust estate in their hands.