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GILBERT v. BROWN

83-0140; CA A30466.

693 P.2d 1330 (1985)

71 Or.App. 809

Irene L. GILBERT, Respondent, v. Helen Jo BROWN and John A. Brown, Personal Representatives of the Estate of Joe L. Gilbert, Deceased; Helen Jo Brown, Personally; Traci Ann Gilbert Cory; Gayle Rae Jaca Leuenberger; Debra Jo Roser; John Gilbert Brown; Lisa Marie Brown; and Marcelyn Retallack Gilbert, Appellants.

Court of Appeals of Oregon.

Decided January 23, 1985.

Reconsideration Denied March 8, 1985.

Attorney(s) appearing for the Case

Michael G. Cowgill, Albany, argued the cause, for appellants. With him on the briefs were Weatherford, Thompson, Brickey & Powers, P.C., Albany.

J. Ray Rhoten, Salem, argued the cause, for respondent. With him on the brief were Rhoten, Rhoten & Speerstra, Salem.

Before RICHARDSON, P.J., and WARDEN and NEWMAN, JJ.

NEWMAN, Judge.

Defendants appeal a judgment that plaintiff owns ten bonds, the coupons and the coupon proceeds and that defendant personal representatives hold those items in trust for her. The bonds were each $5,000, unregistered bearer bonds denominated The Port of Portland, Industrial Development Revenue Bonds, 1980 series (Hayden Island, Inc. Project), maturing December 1, 1989. The bond coupons are payable on June 1 and December 1 of each year. The amount of...

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