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S.C. NAT. BANK, GREENVILLE v. HAMMOND

19657

260 S.C. 622 (1973)

198 S.E.2d 123

The SOUTH CAROLINA NATIONAL BANK, GREENVILLE, South Carolina, as Trustee for the Simpson Foundation, Plaintiff-Respondent, v. Margaret Cooper HAMMOND, Individually, and as Executrix of the Estate of C. Kirby Hammond, et al., defendants, of whom Margaret Cooper Hammond, Individually, and as Executrix of the Estate of C. Kirby Hammond, et al., Appellants.

Supreme Court of South Carolina.

July 11, 1973.

Attorney(s) appearing for the Case

O.G. Calhoun, Esq., of Haynsworth, Perry, Bryant, Marion & Johnstone, Greenville for Appellants.

John J. McKay, Esq., of Rainey, Fant & McKay, Greenville, for Respondents.

July 11, 1973.

MOSS, Chief Justice:

Charles P. Hammond, hereinafter referred to as Charles, died testate on August 12, 1952, and by the terms of his Last Will and Testament, which was duly admitted to probate on August 15, 1952, provided that his estate was to be divided into two trusts. One-half of the said estate was to constitute the corpus of a marital deduction trust for the benefit of his wife, Jane G...

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