Thompson v. Arkansas National Bank

Mrs. Fern O. Rix died testate September 2, 1941. She left surviving her adopted son, Howard Neil Rix, and her sister, (appellant) Mrs. Madelyn Thompson. Appellee, Arkansas National Bank of Hot Springs, was named in the will as executor and trustee and filed petition in the Garland Chancerj^ Court for a construction of the will and specifically Paragraphs four and five thereof.

Paragraph four provides: “I give, devise and bequeath specifically as follows: To my trustee hereinafter named, to be held by it in trust and to be apportioned and distributed as follows: One-third (1/3) of the income of…