Hays v. Hays' Adm'r

' CLAY, Commissioner.

These consolidated appeals arise out of the settlement of the estate of Iva Coy Hays, wife of J. Smith Hays, Sr. The present controversy involves conflicting claims between the administrator and Mr. Hays with respect to two items in the respective amounts of $8,000 and $3,000. The Chancellor disallowed Mr. Hays the $8,000 item and adjudged him entitled to the $3,000 item.

The $8,000 Item

In 1940 Mrs. Hays purchased with her own .funds eight $1,000 U.. S. bonds, made payable to “Iva. Coy Hays or J. Smith Hays”. In 19S0, when the bonds matured, they were cashed by Mr. Hays…