Legal Opinion

James v. Equitable Security Trust Co.

Court of Chancery of Delaware

Decided February 1, 1955Published

1Opinion of the Court

Marvel, Vice Chancellor:

Joseph Ñaman died a resident of Wilmington, Delaware, on February 1, 1954, leaving a widow and a married daughter who are the beneficiaries named in his will. Mr. Ñaman’s last will, which he had executed on December 22, 1953, was admitted to probate in New Castle County. It named Albert W. James, executor, and Mr. James’ complaint requests instructions from this court on whether or not to sell or burden the testator’s residuary real estate in order to pay the testator’s widow a pecuniary bequest of $5,000 and to establish a trust which taxes maximum advantage of tire…

2Cases cited6 opinions

  1. Rambo v. RumerCourt of Chancery of Delaware · 1866
  2. Campbell v. St. Joseph's Industrial SchoolCourt of Chancery of Delaware · 1947
  3. Cooper v. BishopCourt of Chancery of Delaware · 1932
  4. Walters v. YoungCourt of Chancery of Delaware · 1921
  5. Security Trust Co. v. BulcroftCourt of Chancery of Delaware · 1936

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