Cavett v. Peterson

HARGRAVE, Justice.

This appeal arises from a Journal Entry of February 24, 1977, as corrected by a nunc pro tunc order of April 7 of that year, concerning a third amended petition to construe the trust of the late W.T. Hales filed by Ward Edinger and the First National Bank and Trust Company, Trustees. This petition pled the trust was required to hold certain property until the demise of the last surviving child of Mr. Hales, specifically the Hales Building. The trustees pled that an expenditure of $12,500.00 was incurred in 1975 as costs of repair of the air conditioning system and the…