Meredith v. Ingram

CULLEN, Commissioner.

Under the will of Thomas Kyle, who died in 1913, his 410-acre farm in Mercer County, Kentucky, was left in trust for the life of the testator’s nephew, Riker Kyle, “the rents, issues and profits thereof to be applied first to the payment of taxes and the proper maintenance of the farm, and the residue thereof to be paid to said beneficiary during his life.” The fee, on termination of the trust by Riker Kyle’s death, was devised to Jane Kyle Ridgeley and Henry Ridgeley. A trustee qualified and served until 1924, and then resigned. Thereupon, Riker Kyle took possession of…