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ROUNTREE v. LANE

No. 5479.

155 F.2d 471 (1946)

ROUNTREE v. LANE et al.

Circuit Court of Appeals, Fourth Circuit.

May 11, 1946.

Attorney(s) appearing for the Case

Israel Steingold of Richmond, Va., for appellant.

Sam B. Witt, Jr., and Ellsworth Wiltshire, both of Richmond, Va., for appellees.

Before GRONER, Chief Justice of the U. S. Court of Appeals for the District of Columbia, and SOPER, and DOBIE, Circuit Judges.

SOPER, Circuit Judge.

By Article VI of his will A. Valentine Rountree left the residue of his estate to the Central National Bank of Richmond in trust for the benefit of his wife and a son, his only child, on the following terms and conditions:

"(1) One-half of the net annual income from the trust estate shall be paid to my wife, Marguerite Timms Rountree, in quarterly instalments, for and during her lifetime.

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