Birmingham Trust & Savings Co. v. Hightower

ANDERSON, Chief Justice.

The appellant was appointed both executor and trustee under the will, and was charged with dual duties, that is, the general administration of his estate and the execution of a trust created by said will in favor of the testator’s wife, daughter, and other named beneficiaries thereunder. The estate was a very large one, and the trust created was to continue for quite a number of years.

Item 9 of the will says: “My said Executor and Trustee shall be entitled to receive for its services for executing this trust a sum equal to one half of one per cent of the reasonable…