The People v. Cavenee

This is an appeal from an order of the county court of Cook county fixing an inheritance tax upon the transfer of a certain trust estate created by the will of Victor F. Lawson, who died in 1925. Under his will the Merchants’ Loan and Trust Company was made trustee with directions to pay the income of the trust here involved to the testator’s brother, Iver Norman Lawson, during his life, with power to Iver, to appoint, by will, the beneficiary of the remainder, and in default of said appointment the remainder to pass to his heirs. Iver died without having exercised the power of appointment.

The…