Bieatt v. Echols

Dr. R. B. James of Cotton Plant, Arkansas, was the owner in his lifetime of a large estate, consisting- of lands and personal property, of the aggregate válüe of $200,000. He executed a will, and, having died in 1926, the will was duly probated in the probate court of the Southern District of Woodruff County, Arkansas. In this will the Bank of Cotton Plant & Trust Company was named as executor and trustee. The bank duly qualified as-such executor, and proceeded to administer the estate until the 17th day of June, 1927, when it failed and was taken over by the State Bank Commissioner. On the…