Fall River National Bank v. Estes

This is an appeal from a decree of the Probate Court instructing the administrators with the will annexed of the estate of Caroline A. Estes that it is their duty to purchase seventy-five shares of the stock of the Providence Gas Company to be transferred to the trustee under the tenth clause of the will for the benefit of Caroline Jennie Salter.

Mrs. Estes by her will, executed in 1926, bequeathed to her granddaughter, Caroline J. Salter, in trust, fifteen shares of the capital stock of the Providence Gas Company. Following her death it was learned that Mrs. Estes had none of this stock…