Ricks v. Rocky Mount Savings & Trust Co.

Supreme Court of North Carolina
Ricks v. Rocky Mount Savings & Trust Co., 144 S.E. 364 (N.C. 1928)
196 N.C. 36; 1928 N.C. LEXIS 266
PER CURIAM.

Ricks v. Rocky Mount Savings & Trust Co.

Opinion of the Court

Per . Curiam.

The court below rendered the following judgment: “The court having heard argument and fully considered same, is of the opinion that the defendant trustees have no power under the provisions q£ .’the will referred to upon the facts alleged in the complaint and admitted in the answer to make compensation to the plaintiff for any loss he may have sustained by reason of diminution of the value of his legacy, or his, failure or inability to. collect the purchase price thereof. Wherefore,- the plaintiff’s action is dismissed, the court in its discretion directing, that the defendants, out.of the trust• estate, pay the cost thereof.”

,.;Prom a careful reading, of the record, the will of R. H. Ricks and codicils,, and briefs of the- parties, we think the judgment of the court below correct. The judgment is

Affirmed.

Reference

Full Case Name
WILSON W. RICKS v. THE ROCKY MOUNT SAVINGS AND TRUST COMPANY, THOS. H. BATTLE, H. E. BREWER, A. P. THORP and T. E. RICKS, as Trustees of the Estate of R. H. Ricks, Deceased
Cited By
2 cases
Status
Published