Case Name: Amelia K. Lautz, Individually and as Trustee, etc., Respondent, v. Henry Ware Sprague, as Trustee, etc., Appellant, Impleaded with Others
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1915-05
Citations: 169 A.D. 910
Docket Number: 
Parties: Amelia K. Lautz, Individually and as Trustee, etc., Respondent, v. Henry Ware Sprague, as Trustee, etc., Appellant, Impleaded with Others.
Judges: 
Reporter: Appellate Division Reports
Volume: 169
Pages: 910–910

Head Matter:
Amelia K. Lautz, Individually and as Trustee, etc., Respondent, v. Henry Ware Sprague, as Trustee, etc., Appellant, Impleaded with Others.

Opinion:
Judgment affirmed, with costs to each party appearing upon this appeal by separate brief, payable out of the corpus of the fund. Held, that under testator's will bis widow was entitled to receive from the net income of the trust estate an annuity of $12,000, and if such income in any year should be insufficient to yield such annuity, then the trustees were authorized to temporarily borrow and take from the principal of the trust estate sufficient thereof to make up any such deficiency, subject, however, to restoration of said principal from surplus income as the same may accrue. All concurred. -