[Download] "Harris V. Citizens Bank & Trust Co." by Virginia Supreme Court * Book PDF Kindle ePub Free
eBook details
- Title: Harris V. Citizens Bank & Trust Co.
- Author : Virginia Supreme Court
- Release Date : January 09, 1939
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 77 KB
Description
Captain J. M. Harris, a prominent citizen of Nottoway county, who died testate on May 4, 1930, appointed the Citizens Bank & Trust Company of Blackstone his executor and asked that no security be required on its executorial bond. He gave to his son, A. Epes Harris, all that might be due on that son's notes evidencing a balance on account of the purchase by the son from the father of his residence in Blackstone. He gave to Hattie Tingley Harris, wife of James Madison Harris, Jr., in trust for his benefit, a one-sixth residuary interest, "subject to any liability of the said J. M. Harris, Jr., to my estate by reason of any endorsement or guarantee I may have made for the benefit of the said J. M. Harris, Jr., since October 1, 1928." In the event that Hattie Tingley Harris should decline or resign this trust, the Citizens Bank & Trust Company is appointed trustee in her place and stead. The remaining five-sixths of this estate is given to the following children, namely: William J. Harris, R. Logan Harris, A. Epes Harris, Selden S. Harris, and Lunetta Harris Gillespie, share and share alike. He released all of his six children from liability on account of advancements, etc., "except and unless such loan or loans, advancement or advancements and endorsement or endorsements are evidenced or represented by notes and bonds." Compensation to this executor is fixed at 2 1/2 per cent, not to exceed $1,000. There are pecuniary bequests to others, relatively not large. This will was probated, and the executor qualified. Appraisers were appointed, who made this return: