ESTATE OF STECK


275 Wis. 290 (1957)

ESTATE OF STECK: OTTERSON, Executrix, Appellant, vs. FRASER, Executor, and others, Respondents.

Supreme Court of Wisconsin.

March 5, 1957.


Attorney(s) appearing for the Case

For the appellant there was a brief by Joseph J. O'Day, attorney, and A. W. Schutz of counsel, both of Milwaukee, and oral argument by Mr. Schutz.

For the respondent executor there was a brief by Churchill, Duback & Churchill of Milwaukee, and oral argument by Paul H. Duback.

For the respondent Marine National Exchange Bank there was a brief by Kaumheimer, Alt & Likert of Milwaukee, and oral argument by George H. Likert, Jr.

For the respondent remaindermen, except as below entered, there was a brief by Shaw, Muskat & Paulsen and R. J. Schimmel, attorneys, and F. H. Prosser of counsel, all of Milwaukee.

For the respondent minor remaindermen Patricia Ann Otterson and Mary Frances Otterson there was a brief and oral argument by O. A. Grootemaat of Milwaukee, guardian ad litem.


MARTIN, C. J.

Vincent Steck died February 16, 1954, at the age of seventy-eight, leaving his widow as his sole survivor. On September 18, 1951, he had executed a trust agreement (predated September 17, 1951) with the Marine National Exchange Bank, transferring to said bank securities appraised at his death at $283,006.44. These assets remained in the sole possession of the trustee. The trust agreement provided that the net...

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