Shaw
Shaw v. Johnson
Opinion
Lead Opinion
Preston, J.
Respondents as plaintiffs sued the appellant, among others, as defendants on the equity side of the court to have it adjudicated that they were the beneficiaries of a declaration of trust affecting the death benefits under a policy of insurance upon the life of Frances Tyler Shaw. It need only be recited that the insured is now deceased and the proceeds of the policy were paid into court and all other defendants are without pecuniary interest in this appeal, save alone the appellant, who is the executor of the estate of the insured. The estate appears to be heavily indebted and no creditors have as yet been paid.
The issue is as to whether these proceeds belong in the trust or belong to the general estate of the insured. The court below has made findings and given judgment establishing the validity of the trust and denying all relief to the executor.
*100 The executor has appealed. He claims to he acting at the unanimous demand of the creditors and upon the advice of Ms attorneys. Respondents assert he is only looking for an enhancement of his commissions.
We see nothing whatever upon which we could be warranted in saying that the executor is not proceeding in good faith. The…