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FIRST NATIONAL BANK OF LOUDON v. WATKINS

396 S.W.2d 342 (1965)

FIRST NATIONAL BANK OF LOUDON, Tennessee, Appellee, v. Oscar V. WATKINS et al., Appellant.

Supreme Court of Tennessee.

November 19, 1965.

Attorney(s) appearing for the Case

Edwin Harrison Arnold, Loudon, for appellant.

Arthur M. Fowler, Loudon, for appellee, Fowler & Gibson, Loudon, of counsel.

DYER, Justice.

This case involves the determination of whether a remainder interest, under a will, is contingent or vested. The cause heard by the Chancellor, upon the pleadings and stipulations of facts, is here by allowance of a discretionary appeal.

The testator, J.B. McKelvey, executed his will in May 1925 and died later the same year. The testator was survived by, among others, his widow, Hettie McKelvey, and a daughter, Dena McTeer. Dena McTeer had a...

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