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8 Del. Ch. 84

Baker v. Fooks

Court of Chancery of Delaware

Decided March 15, 1896

Court of Chancery of Delaware · decided 1896-03-15

Bill for instructions by a trustee.—The bill alleged that Benjamin F. Fooks died February 3, 1895, leaving to survive him a widow, Mary Ida Fooks, one of the respondents, and a child, Sallie Fooks, about the age of eleven years, both of whom were living, having in his lifetime made his will, which was proved before the Register of Wills for Sussex County and recorded in Will Book R, No. 17, folio 163, and in and by which the testator appointed his sister, Elizabeth J.…

Cited by 3 later decisions — most recently June 1917

2 state decisions

Good law ✅— No negative treatment on recordhow we know

Decided 1896-03-15

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The Chancellor

¶1upon consideration of the bill and answer, the suggestions of counsel and the provisions of the will of the said Benjamin F. Fooks, deceased, was of opinion that the fund of $25,000 specifically bequeathed in trust for the benefit of the said Mary Ida Fooks, during her natural life, should remain in the hands of the complainant as trustee as at present held by him, without being separated from the general fund, until the further order of the Chancellor, and he directed that the trustee should pay out of the income produced by the entire trust fund, to the said widow, the sum of $1500 each year, a sum equal to interest on said sum of $25,000 at the rate of six per centum per annum, less the cost of insurance on the buildings erected on the lot of ground specifically devised to the said widow for life; the said interest to be computed from the 3rd day of February, A. D. 1895, the day of the death of the testator.

¶2He further considered that the said complainant as trustee should pay to the guardian of Sallie Fooks, minor child of the testator, so much only of the income arising from said trust fund as might be necessary for her proper maintenance, education and support, and that the said trustee should be authorized to invest and keep invested the remainder of said income under the authority of item nine of the said will.

¶3A decree was entered in accordance with the views expressed by the Chancellor and it was further ordered that the trustee pay the costs of this cause out of the trust fund.

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