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HOOPES ESTATE

406 Pa. 361 (1962)

Hoopes Estate.

Supreme Court of Pennsylvania.

March 13, 1962.

Attorney(s) appearing for the Case

William Benner Farran and George O. Philips, for appellant.

William H. Doerr, Jr., Arthur A. Moorshead, and Moorshead, Potter & Doerr, for appellees.

Before BELL, C.J., MUSMANNO, JONES, COHEN, BOK, EAGEN and O'BRIEN, JJ.

OPINION BY MR. CHIEF JUSTICE BELL, March 13, 1962:

This appeal involves an interpretation of the following provision of testatrix's will: ". . . that the school board shall hold this fund, retaining the stock if it so desires, shall invest and re-invest the principal, and use the net income each year for a* scholarship to be awarded to a graduating student from the Lansdowne-Aldan High School or its successor on the following...

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