First National Bank of Cincinnati v. General Assembly Mission Board of Presbyterian Church in United States, Inc.

COOPER, Judge.

This is an appeal and cross-appeal from a declaratory judgment determining that a gift of a testatrix’s residuary estate to a corporation was valid, and had not lapsed. The issues presented herein are: (1) whether the trial court erred in determining that a bequest to a corporation passes to its successor corporation subsequent to any merger; and (2) whether the trial court erred in determining that the doctrine of cy pres was inapplicable herein. On review, we find no error in the actions of the trial court.

On January 21, 1976, the appellee, Madison National Bank of Richmond,…