Bothwell v. Estep

Twenty-four thousand dollars came into the hands of James Bothwell, as trustee under the will of Jessie Estep, deceased, from the Cleveland Stone Company, of Cleveland, Ohio. Thereafter, he brought this action to have the court determine whether the twenty-four thousand dollars was income from the trust estate or a part of the corpus of the estate. The appellants, the life beneficiaries under the will, contended it was income, whereas the respondents, the remaindermen named in the will, maintained it was a part of the corpus and should be held intact for their ultimate benefit. The trial…