ESTATE OF RILEY

Docket No. 4495.

115 Cal.App.2d 495 (1953)

252 P.2d 395

Estate of CHESTER J. RILEY, Deceased. PORTIA A. RILEY, Appellant, v. LELAND BRUCE RILEY et al., Respondents.

Court of Appeals of California, Fourth District.

January 23, 1953.


Attorney(s) appearing for the Case

Bertram H. Ross for Appellant.

No appearance for Respondents.


BARNARD, P.J.

This is an appeal from an order denying the petition of the executrix for authority to borrow $43,000 and to execute a trust deed on the estate's one-half interest in a building in Los Angeles, as security for the loan.

The petition alleged that the appraised value of the estate was $274,320.10; that there was about $3,000 in cash on hand; that the estimated federal and state inheritance taxes amounted to about $62,000, of which $12,000 had been...

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