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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 4, Page 108   View pdf image (33K)
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108 HIGH COURT OF CHANCERY.
The other proceedings in this case are fully stated below, and
in the following opinions of the Chancellor.]
THE CHANCELLOR:
By a paper executed on the 20th of December, 1843, the late
Chancellor Bland settled on his daughter, Mrs. Mayo, and his
son, William G. Bland, certain shares of bank stock which, by
the said paper, he declared he would hold in trust for them, the
dividends, as they accrued, to be paid over to them equally,
share and share alike. On the death of the daughter, one-half
of the said stock to be transferred to her children, &c., and on
the death of the son, the whole of the said stock to be trans-
ferred to his daughter, should she be then alive, if not, then the
whole or the residue thereof to be transferred to her children, &c.
The declaration of trust appears to have been duly executed
by the party making it, from its date until his death, which oc-
curred in November last. But on the 2d of May, 1845, the
late Chancellor made and executed a last will and testament in
proper form, by which he gave to his said son certain beneficial
interests, including this stock, and expressed in the instrument
a desire that he should elect to take thereunder, and m the
same will there are devises and bequests to the testator's daugh-
ter, Mrs. Mayo, upon whom, by the said declaration of trust,
the other portion of the bank stock had been settled as therein
provided.
To the widow of the testator, the whole of his property, real
and personal, was given, with the exceptions mentioned, during
her natural life, confiding to her the care and maintenance of
his son, should he so long live. In the event of the death of
the widow, living the son, and from the period of her death,
the will gives the son, in addition to the other devises and be-
quests in his favor, a life annuity of $600, the said annuity,
with all other claims and property, so as aforesaid or thereby
given to the son to be held in trust by the executor of the will,
Captain Isaac Mayo, for the use and benefit of his son during
his natural life, and no longer.

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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 4, Page 108   View pdf image (33K)
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