Wade v. McKeown

The effect, if any, which a trust created by Clarence Wade for his sole benefit had upon his right to sell and convey an undivided one-twelfth interest in the minerals under a tract of land containing 139.7 acres, situated in Pontotoc county, is the controlling issue which this appeal presents for determination.

The tract of land involved was originally allotted to George Wade, Sr., who departed this life testate and whose last will devised said lands to his widow, Minnie Wade, and to his sons, George Wade, Jr., and Clarence Wade.in equal shares. On November 4, 1933, Clarence Wade took unto…