Fleming v. First Union National Bank

Hunstein, Justice.

This case involves the interpretation of language in the 1939 will executed by Alice Ramsey, deceased. In her will, Alice Ramsey divided her property between her two daughters and established trusts with the remainder interest of the trusts to be distributed to each daughter’s grandchildren. As to the grandchildren of Alice Ramsey’s daughter Nell Legwen, Items 4 and 6 of the will1 provided:

I give and devise unto [the trustee] in trust for the use of the children of Nell R. Legwen, my daughter, share and share alike, one-half the net income upon all shares of [certain stock],…