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MERCANTILE BANK v. PHILLIPS

No. 75-357.

538 S.W.2d 277 (1976)

MERCANTILE BANK, Administrator with the Will Annexed, Appellant, v. Douglas PHILLIPS et al., Appellees.

Supreme Court of Arkansas.

July 6, 1976.

Attorney(s) appearing for the Case

Stephen R. Bigger, Bentonville, Richard S. Smith of Alexander, Nicholson & Smith, North Little Rock, for appellant.

Frierson, Walker, Snellgrove & Laser, by G. D. Walker, Jonesboro, for appellees.

HOLT, Justice.

This is an accounting action brought in behalf of certain relatives of Mrs. Gertrude Sharpe, deceased, in the name of the appellant which is administrator of her estate. This case presents the question of the validity of various inter vivos gifts during 1972 and 1973 totalling $59,738.65 and $6,000 on January 2, 1974, allegedly made to the appellees (and the two children of the Phillipses) by the deceased. These gifts were allegedly made during the...

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