Shiflet v. May

By Judge Humes J. Franklin, Jr.

These matters come before the Court on two Bills in Equity filed by Betty Shiflet and W. Riley Shiflet against the Estate of Jerry May, deceased, alleging that as a result of an October 5, 1966, transaction, the plaintiffs gave the decedent, Jerry May, $4,400.00 to purchase 880 shares of stock in a pharmaceutical company to be held in the decedent’s name for the benefit of the plaintiffs. They further allege that as a result of various types of stock splits, dividends, etc., the original 880 shares have increased, or would have increased, to approximately 35,640…