Text Version


income therefrom and pay said interest and income
therefrom quarterly to my said daughter-indaw, Anna
Eleanor Roosevelt, during the term of her life, and at
her death I give and bequeath the principal of said fund
and all unappropriated income therefrom to my son,
FRANKLIN D. ROOSEVELT, and if he be deceased I give
and bequeath the same to his children in equal shares.
Said Trustees shall hold the remaining five parts of
said one-tenth of the residue of my estate as separate
Trust Funds, one fund for the benefit of each one of
my five grandchildren. Said Trustees shall invest, re-
invest and keep invested and keep separate each of said
funds and collect the interest and income from each of
said funds and accumulate and hold the interest and
income from each fund until the beneficiary thereof attains
the age of twenty-one years. As each such beneficiary
respectively attains the age of twenty-one years, said
Trustees shall pay to him or her all the accumulated
interest and income on his or her fund and said Trustees
shall continue to hold the principal of said fund In Trust
for such beneficiary and pay the interest therefrom
quarterly to such beneficiary until he or she attains the
age of thirty years. As each such beneficiary respectively
attains the age of thirty years, the principal of his or
her fund and all unappropriated income therefrom shall be
paid over to him or her, to whom I thereupon give and
bequeath the same.
 
    In every case wherein a beneficiary of a fund who may be
under twenty-one years of age shall need any portion of the
income from his or her fund for his or her proper
maintenance, education or support, I direct my said
Trustees to use and apply such portion of such income for
the proper maintenance, education or support of such
beneficiary as shall be necessary for such purpose during
the minority of such beneficiary.
View Original View Previous Page View Next Page Return to Folder IndexReturn to Box Index