Letcher's Trustee v. German Nat. Bank
Court of Appeals of Kentucky
CASE 5. — ACTION BY ALEXANDER LETCHER’S TRUSTEE AGAINST THE GERMAN NATIONAL BANK AND OTHERS. — Appeal from Kenton Circuit Court. Judgment for defendants, plaintiff appeals. — R. H. TOMLINSON and BRECKINRIDGE & BRECKINRIDGE of Counsel. AUTHORITIES CITED. Cook on Corporations, Vol. 1. Secs. 327, 325; Elliott on Private Corporations, Sec. 186; 'Cyc. Vol. 10, pp. 621-23-24; also p. 622; Bank of America v. MoNeil, 10 Bush', p. 54; Comp.
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CASE 5. — ACTION BY ALEXANDER LETCHER’S TRUSTEE AGAINST THE GERMAN NATIONAL BANK AND OTHERS. — Appeal from Kenton Circuit Court. Judgment for defendants, plaintiff appeals. — R. H. TOMLINSON and BRECKINRIDGE & BRECKINRIDGE of Counsel. AUTHORITIES CITED. Cook on Corporations, Vol. 1. Secs. 327, 325; Elliott on Private Corporations, Sec. 186; 'Cyc. Vol. 10, pp. 621-23-24; also p. 622; Bank of America v. MoNeil, 10 Bush', p. 54; Comp. Stat. U. S., Sec. 5139; Hill on Trustees, star pages 290, 291, 302, 293, 294, and 159, 536; Rich. Adm’r. v. Spencer, 18 B. Mon. 465; Story’s Equity, Vol. 1, Secs.…
1Opinion of the Court
Opinion of the Court by
Judge Hobson
— Reversing. '
Susan McKnight died a resident of Boyle county in 1869. By her will, which was duly probated, she devised one-half of her estate to William J. Wright in trust for the use of her grandson Alexander Letcher, the income to be paid over to him during his life. If he died childless, the estate passed to Susan Wright, the wife of the trustee. If he died leaving children, the estate was to go to them. The trustee qualified 'and took possession of the estate, amounting to $1,513. He held it until his death in 1902. Susan Wright then qualified as…
2Cited by10 opinions
- Allen v. CommonwealthCourt of Appeals of Kentucky (pre-1976) · 1938
- Bains v. Globe Bank & Trust Co.Court of Appeals of Kentucky · 1910
- Blumenstiel v. MorrisSupreme Court of Arkansas · 1944
- Cox v. Gaulbert's TrusteeCourt of Appeals of Kentucky · 1912
- Boone v. Wachovia Bank & Trust Co.Court of Appeals for the D.C. Circuit · 1947
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