(DOWNLOAD) "Carol Ann Schlanger v. John E. Simon" by Supreme Court of Missouri Division 2 " eBook PDF Kindle ePub Free

eBook details

Title: Carol Ann Schlanger v. John E. Simon
Author : Supreme Court of Missouri Division 2
Release Date : January 14, 1960
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 64 KB

Description

Plaintiff has appealed from a judgment for defendants in her action for an accounting wherein she claims that the trustees
of a trust, of which she is one of the beneficiaries, wrongfully disbursed $37,038.35 of the principal of the trust and wrongfully
deprived her of $4,356.38 income therefrom. Israel M. Simon died testate on September 3, 1935. By the fifth clause of his will he created a trust consisting of "one-half
of all the rest, residue and remainder of my estate" and named two of his sons, Fred and John, as trustees thereof. Two-thirds
of the income therefrom was to be paid to a third son, Mark Simon [hereafter referred to as Mark Simon, Sr.], during his lifetime,
and one-third to his grandson Mark Simon, Jr. and to Mathilda Simon, his wife. After making provisions concerning the investment
of the principal, the testator provided that "My trustees shall also have the right to pay a part of the principal of said
fund to the beneficiaries under this trust, if, at any time during the period of the trust, they deem it advisable to do so."