OPINION BY MR. JUSTICE CHIDSEY, June 25, 1956:
The basic question presented by this appeal is whether an annual gift to his widow by the settlor in a trust instrument was cumulative.
The important facts are not in dispute and may be summarized from the opinion of the court below as follows: The settlor, Parker M. Smith, by an inter vivos revocable deed of trust, transferred to his trustees preferred and common stock of Smith, Drum & Co., a Pennsylvania...
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