Chapman's Devisees v. Chapman's Administrator
Court of Appeals of Kentucky
Case 25 — PETITION EQUITY APPEAL PROM PLEMING CIRCUIT COURT. A devise of bonds and stocks to one for life with the use of the dividends for life gives a life estate only in the dividends as well as in- the stocks.
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Case 25 — PETITION EQUITY APPEAL PROM PLEMING CIRCUIT COURT. A devise of bonds and stocks to one for life with the use of the dividends for life gives a life estate only in the dividends as well as in- the stocks. (King v. Grant, 10 Atlantic Bept., 505; Gentry v. Jones, 6 J. J. M., 154; Christler’s Ex’r v. Meddis’ Adm’r, 6 B. M., 37.) A devise to the effect that the dividends on certain bank stock shall belong to 0 during her life, and the stock at C’s death to others, vests in G absolutely all dividends accruing up to the time of her death. (Oovenhaven v. Shuler, 2 Paige Oh’y, 132; Johnson…
1Opinion of the Court
JUDGE BENNETT
delivered the opinion op the court.
After the death of A. B. Chapman, his will was admitted to probate by the Fleming County Court. Said will provides : “After the payment of any just *141debts that I may owe, funeral expenses, and expense of administration, I will and bequeath 'to my sister, Cynthia Chapman, all my estate, real, personal and mixed, during her natural life, on the following terms : I desire that all my real estate be sold at the best price that can be had for it, and the proceeds thereof, together with the balance of my estate, I wish to be converted into the stock of…
2Cited by1 opinion
- Midlow v. Ray's Adm'xCourt of Appeals of Kentucky (pre-1976) · 1946