UPTON'S WILL
There was an echo of the will of the lato Sir Thomas Lipton in tho Chancery Division in London, in March. The will and four codicils wero before Mr. Justico Bennett, on tho application of the trustees, one of whom was, Lord Inverforth, for a decision whether the provision, by the fourth codicil, for a conversion of testator's house, Osidge, at Southgate, Middlesex, into a hostel for nurses,, with an endowment fund of £20,000, was a valid charitable trust. Counsel for the trustees explained'that Sir Thomas made this provision in memory of his mother. It had not yet been found possible to distribute the residuary estate—'first, because of tho difficulties which had arisen us to the. joint effect of the will and codicils, and, second, because tho bulk of the estate was in America, and it had not yet been possible to realise it to advantage. The Judge stated that he would make a declaration that tho provision constituted a valid charitable trust, and ■> directed that tho trustees shduld bring in a scheme to administer It. '
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Bibliographic details
Evening Post, Volume CXV, Issue 124, 29 May 1933, Page 2
Word Count
178UPTON'S WILL Evening Post, Volume CXV, Issue 124, 29 May 1933, Page 2
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