ESTATE OF PETERSEN

Docket No. 19388.

188 Cal.App.2d 414 (1961)

10 Cal. Rptr. 727

Estate of CAROL I. PETERSEN, Deceased. JOHN J. LANE, as Trustee, etc., Appellant, v. MILTON W. FERRARI, as Trustee, etc., et al., Respondents.

Court of Appeals of California, First District, Division One.

January 24, 1961.


Attorney(s) appearing for the Case

Raymond D. Williamson and Ralph Bancroft for Appellant.

Albert F. Skelly and Bruce W. Stilson for Respondents.


WOOD (Fred B.), J. pro tem.*

This is an appeal by life income beneficiary and trustee from an order denying his petition for distribution to him, as income, of a portion of the proceeds of a fire insurance policy upon the loss by fire of a certain theater building which comprised a part of the corpus of the trust estate.

In the inventory of the estate this property was appraised at $30,000. Subsequently, and before the fire, it...

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