Wallace v. Luxmoore

TERRELL, J.:

William H. Hill died testate in July 1929. In his will he provided (1) for the payment of annuities to a host of relatives and friends, (2) The creation of a trust fund of $500,000 and for distribution of the income therefrom among his heirs at law, (3) The creation of two charitable trusts, of not less than $250,000 out of the remainder of his estate for the promotion of education at Berea and Olivet Colleges.

The will was duly admitted to probate in Pinellas County, the executors qualified and administered their duties under the will until 1937 without having paid the annuities…