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FIRST ALABAMA BANK OF MONTGOMERY v. ADAMS

78-323, 78-408 and 78-408X.

382 So.2d 1104 (1980)

FIRST ALABAMA BANK OF MONTGOMERY, Co-executor and Trustee Under the Last Will and Testament of W. C. Adams v. Vera W. ADAMS, an Incompetent, by her Guardian, Adelia Adams Coker. Adelia Adams COKER, Co-executor Under the Last Will and Testament of W. C. Adams, Deceased v. FIRST ALABAMA BANK OF MONTGOMERY, N. A., Co-executor under the Last Will and Testament of W. C. Adams, Deceased.

Supreme Court of Alabama.

As Modified on Rehearing April 25, 1980.

Attorney(s) appearing for the Case

John F. Dillon, IV and Jennie Lee Kelley of Dillon, Kelley & Gavin, Alexander City, for appellant/appellee, First Alabama Bank of Montgomery.

Thomas Reuben Bell of Bell, Lang & Bell, Sylacauga, for appellee/appellant, Adelia Adams Coker.

MADDOX, Justice.

"No interest is good unless it must vest, if at all, not later than twenty-one years after some life in being at the creation of the interest."

Most lawyers will immediately recognize this as the statement of the Rule against Perpetuities, which, when read, seems simple enough; but, when applied, has confounded lawyers, judges and law students for ages. In fact, one law professor, in an article entitled "Perpetuities in a Nutshell" observed...

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