Legal Opinion

STALEY, GUARDIAN v. Ligon

Court of Appeals of Maryland

Decided May 26, 1965No. [No. 295, September Term, 1964.]PublishedCited by 2 opinions

1Opinion of the CourtHammond, J.

The appeal is from an order of the Circuit Court for Montgomery County, directing a testamentary trustee to mortgage real estate in the corpus of an estate worth some $170,000, in order to raise funds with which to pay the present life beneficiary the monthly sum of $1,000.

The will of John F. Ligón, late of Montgomery County, left the residue of his estate, consisting largely of three commercial buildings, to trustees (a trust company and his lawyer; the lawyer has died) who were directed to hold and manage the estate and from the rents and profits to “* * * pay all instalments due on…

2Cases cited11 opinions

  1. Bright v. Bank of America National Trust & Savings Ass'nCalifornia Supreme Court · 1947
  2. In Re Trust Under Will of CosgraveSupreme Court of Minnesota · 1948
  3. Riley v. StateCourt of Appeals of Maryland · 1941
  4. Burt v. GillCourt of Appeals of Maryland · 1899
  5. Allen v. Safe Deposit & Trust Co.Court of Appeals of Maryland · 1939

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3Cited by2 opinions

  1. In Re Joint E. & S. Dist. Asbestos LitigationDistrict Court, S.D. New York · 1995
  2. Findley v. FaliseDistrict Court, E.D. New York · 1995

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