Plymouth Congregational Church v. Young's Trustee

BIRD, Judge.

Clarence Young died testate July 23, 1950. His will, executed September 9, 1949, was duly probated and recorded. Appel-lee, R. D. Terry, was named executor and trustee. He accepted the trusts and was duly qualified. Item II of the will, subject of this controversy, provides as follows:

“I direct that my Executor and Trustee hereinafter named pay the dividend from my 600 shares of the Capital Stock of the Domestic Life and Accident Insurance Company to the Plymouth Congregational Church of Louisville, Kentucky, for a period of ten years after my death and that at the expiration of…