Alford v. Kentucky Trust Co.

WADDILL, Commissioner.

This appeal concerns the construction of the will of Alphonso L. Noe, admitted tO' probate in the Jefferson County Court on January IS, 1951. The will established a residuary trust (or trusts) in behalf of the-testator’s two daughters, Virginia Noe Alford and Ruth Noe Paine, for life, with gifts over to named grandchildren for life and final vesting in his great grandchildren.

The testator’s estate consisted of 21,358' shares of stock in the Lincoln Income Insurance Company and a $14,500 note due testator from Virginia Noe Alford.

During the course of the administration of…