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RIDGE v. BRIGHT

No. 738.

93 S.E.2d 607 (1956)

244 N.C. 345

Paul H. RIDGE, as Executor of the Estate of Lottie Rascoe McMillan Ivey, v. Virginia Fitch BRIGHT and Investors Mutual, Inc.

Supreme Court of North Carolina.

June 26, 1956.

Attorney(s) appearing for the Case

Long, Ridge, Harris & Walker, Graham, for appellant.

Sanders & Holt, Burlington, for appellee Virginia F. Bright.

Brooks, McLendon, Brim & Holderness, Hubert B. Humphrey, Jr., Greensboro, for appellee Investors Mutual, Inc.

DENNY, Justice.

It is not contended that the instrument under consideration was executed in the manner required by law so as to be valid as a testamentary disposition of the shares of stock involved. Consequently, the question to be determined is whether the instrument created a valid inter vivos trust which entitled Virginia Fitch Bright to the stock upon the death of the settlor-trustee, Lottie Rascoe McMillan Ivey. However, in making this determination we...

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