Allwardt v. City National Bank & Trust Co.

Deceased died intestate on May 9, 1930, leaving an estate worth approximately $100,000. His heirs at law were Ada Harris, daughter, Ray All-wardt, son, and Robert Allwardt, a minor grandson, the two latter of whom are petitioners and appellants herein.

On June 17, 1930, the defendant bank, appellee, was appointed administrator of the estate. .

On,September 4,1930, an inventory and appraisal was filed in the probate court showing real estate of the value of $45,600 and personal estate of the value of $56,238.81. The latter consisted of 389 shares of Guardian Detroit Union Group stock, appraised…