First Nat. Bank of Beaumont v. Howard

This is a suit to construe provisions of the will of E. S. Nowery, deceased, creating a spendthrift trust for the benefit of his daughters, Mrs. Hazel Irene Howard and Mrs. Nina Mae Massey, and their issue. The opinion of the Court of Civil Appeals appears in 223 S. W. 2d, pp. 694-712.

For many years before his retirement Mr. Nowery had been a superintendent of production for a large oil company, and the major part of his estate consisted of its stock while the remainder was in real estate, United States bonds, stock in other corporations, life insurance and cash. When he executed his will on…