Estate Of Fred H. Bixby V. Security First National Bank by Supreme Court Of California

Estate Of Fred H. Bixby V. Security First National Bank

By

  • Genre Law
  • Released
  • Length 978 Pages

Description

Fred H. Bixby, Jr., the life income beneficiary of a testamentary trust, appeals from those provisions of the Order Settling the First Account Current and Report of Administration of Security First National Bank, Trustee, and which he designates as follows: "1. From the order overruling the objections and further objections of Fred H. Bixby, Jr.; 2. From the order settling, approving and confirming the Trustee's First Account current and Report of Administration in regard to the following: (a) The allocation to principal by the Trustee of 27 1/2 per cent of the oil royalties received by the Trustee; (b) The retention by the Trustee of 3590 shares of Fred H. Bixby Ranch Co. stock and the Trustee's failure to sell said shares of stock and invest the proceeds from said sale in assets that will yield reasonable income. 3. The failure of the court to remove Security First National Bank as Trustee."

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