FIRST NAT. BANK OF MOBILE v. WEFEL

1 Div. 343.

40 So.2d 434 (1949)

FIRST NAT. BANK OF MOBILE v. WEFEL et al.

Supreme Court of Alabama.

May 13, 1949.


Attorney(s) appearing for the Case

Vickers, Leigh & Thornton, of Mobile, for appellant.

C. B. Arendall, Jr., of Mobile, for appellees.


FOSTER, Justice.

The question in this case is whether the principle of tree farming is to be given effect in ascertaining income payable to a beneficiary of the income from land for life or for years under circumstances which do not justify waste pending the existence of such rights.

The land consisted of 10,559 acres bought by the testator with other lands about 1902 at $1 per acre. He was said to be a pioneer tree farmer, and sold off all the land which...

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