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FIRST NAT. BANK OF DEWITT v. YANCEY

No. CA 91-82.

826 S.W.2d 287 (1991)

36 Ark.App. 224

FIRST NATIONAL BANK OF DEWITT, Appellant, v. Stacia YANCEY, Appellee.

Court of Appeals of Arkansas, Division II.

December 26, 1991.

Attorney(s) appearing for the Case

Russell D. Berry, Wilbur Botts, DeWitt, for appellant.

John Harris Jones, Pine Bluff, Ed Easley, J. Larry Allen, Sheridan, for appellee.

JENNINGS, Judge.

Godfrey Thomas died in 1982. His will provided that one-sixth of a farm which he owned in Arkansas County would be held in trust for the benefit of his daughter, Elizabeth Ann Yancey. The appellant, First National Bank of Dewitt, was named as trustee. Mr. Thomas' will provided that the net income from the trust was to be paid at least annually to his daughter and, at her death, to his granddaughter, Stacia LeNeau Yancey.

The trustee leased...

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