Mangum v. Durham Loan & Trust Co.

The plaintiffs contend that upon the death of Bart Mangum the principal, or corpus, of the fund should be turned over to his children, the plaintiffs, who were living at his death, “share and share alike.” On the other hand, the defendant contends that it should pay over to the children of Bart Mangum, share and share alike, not the principal, or corpus, of the fund, but the proceeds of said fund, or, in other words, the income thereof. We think the contention of plaintiffs correct. The primary purpose of construing a will is to ascertain and give effect to the intention of the maker. The…