Louisville Trust Co. v. Walter

Opinion op the Court by

Morris, Commissioner—

Affirming in part, reversing in part.

William Mann died testate in February 1946. Tbe Louisville Trust Company qualified as executor and trustee, and took charge of the estate, which we gather from briefs was of fair proportions. There arose disagreement as to the meaning of portions of the will in. so far as it related to duties of the fiduciary and rights of the devisees and some relatives, who were not named as beneficiaries. In order to settle one question, action for declaration of rights was begun by three nephews who laid claim to lapsed…