Pew Trust
Pew Trust.
Opinion of the Court
Opinion by Mr. Justice Allen M. Stearns, *469 These are appeals from a decree of an orphans’ court. The account was by trustees of an inter vivos trust. Exceptions of the life tenants to the adjudication were sustained, while those of the remaindermen and of the trustees were dismissed. These appeals followed.
By sustaining the life tenants’
exceptions and dismissing those of the remaindermen, the court below correctly determined that the provisions of the Uniform Principal and Income Act of May 3,1945, P. L. 416, 20 PS 3471, and the Principal and Income Act of July 3, 1947, P. L. 1283, 20 PS 3470, are unconstitutional when applied retroactively to trusts created prior to their enactments: See Crawford Estate, 362 Pa. 458 , 67 A. 2d 124 .
In dismissing the trustees’
exceptions, the learned court below ruled that it was unnecessary to decide, as an additional reason for sustaining exceptions to the adjudication, that the Acts of 1945 and 1947, supra, also impaired the obligation of the contract creating the trust, thus contravening Art. I, Section 17 of the Constitution of Pennsylvania and Art. I, Section 10, Clause 1 of the Constitution of the United States. We agree with this conclusion.
Decree affirmed. Costs to be paid out of the corpus of the trust fund.
How later courts describe this case
No later court has written an explanatory parenthetical about this case yet.
Cited by 25 cases
View all citing references →Relies on it most ⓘ
Citing references are not a citator: they show that a later opinion cites this case, not whether it followed, distinguished, or overruled it. Check negative history before relying on this case.