SEIFERT v. KEPNER, EXEC., ETC.

[No. 151, September Term, 1961.]

227 Md. 517 (1962)

177 A.2d 859

SEIFERT ET AL. v. KEPNER AND CENTRAL TRUST CAPITAL BANK, EXECUTORS, ETC.

Court of Appeals of Maryland.

Decided February 16, 1962.


Attorney(s) appearing for the Case

John H. Herold and Shale D. Stiller, with whom were Frank, Bernstein, Gutberlet & Conway on the brief, for appellants.

Fletcher Krause and C. Victor McFarland for appellees.

The cause was argued before BRUNE, C.J., and HENDERSON, HAMMOND, PRESCOTT and HORNEY, JJ.


HENDERSON, J., delivered the opinion of the Court.

This appeal presents the question whether there was an ademption of a legacy of the proceeds of stock owned by a testator, where the corporation had distributed a liquidating dividend shortly prior to the testator's death.

Alfred A. Seifert, 78 years of age, died on September 21, 1959. His will, dated July 18, 1952, and two codicils dated February 29, 1956, and September 24, 1956, respectively, were duly admitted...

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