Murray
Murray v. Monidah Trust
Opinion
Lead Opinion
Rudkin, J.
May 11, 1921, James A. Murray, a resident of Monterey county, Cal., died testate, leaving an estate in that county and elsewhere subject to administration. In his last will and testament, bearing date January 26, 1921, the testator declared that theretofore and at various times he had transferred and conveyed to the Monidah Trust, a corporation organized under the laws of the state of Delaware, all or nearly all of his property; that he was the owner of all the issued shares of the capital stock of the corporation; that he had caused to be executed certain certificates in the names of various persons whom he desired to be the owners thereof, evidencing various amounts or shares, which certificates would be found duly executed in an envelope marked “Moni *380 dah Trust Stock Certificates,” on his person or in one of his safe deposit boxes, and thereupon the testator gave and bequeathed, to the various persons whose names appeared on the faces of such certificates, the executed certificates evidencing the number of shares of the capital stock of the corporation represented by the certificate executed in his or her name. He further devised and bequeathed all the rest and residue of…