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PLYMOUTH CONGREGATIONAL CHURCH v. YOUNG'S TRUSTEE

299 S.W.2d 807 (1957)

PLYMOUTH CONGREGATIONAL CHURCH, Appellant, v. Clarence YOUNG'S TRUSTEE, Appellee.

Court of Appeals of Kentucky.

March 8, 1957.

Attorney(s) appearing for the Case

Harry S. McAlphin, Louisville, for appellant.

Allen P. Dodd (Dodd & Dodd) S. A. Burnley, Dennis Henderson, Louisville, for appellee.

BIRD, Judge.

Clarence Young died testate July 23, 1950. His will, executed September 9, 1949, was duly probated and recorded. Appellee, R. D. Terry, was named executor and trustee. He accepted the trusts and was duly qualified. Item II of the will, subject of this controversy, provides as follows:

"I direct that my Executor and Trustee hereinafter named pay the dividend from my 600 shares of the Capital Stock of the Domestic Life and Accident Insurance Company...

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