Keown v. Craig

Nichols, Justice.

An equitable action was filed by Mrs. Esther Craig, a life tenant under her father’s will, to sell a small tract of land which was separated from a larger tract of land which was also a part of such life estate. All except one of the contingent remaindermen agreed to the sale and disbursement of a part of the proceeds to the plaintiff as the value of her life estate in the land being sold, the remainder of the sale price to be placed on deposit in a savings and loan association or reinvested in U. S. Government Bonds where the same would draw interest until the time of final…