Jennie N. Williams v. James N. Thornton

Summary

The court affirmed the decree requiring the executor to account to the beneficiaries for proceeds from a note that the decedent had purchased and indorsed to himself and the executor. The court held that no completed gift occurred because the decedent retained exclusive possession and control and manifested no intent to transfer a present interest. It also upheld the denial of executor compensation and attorney fees and the imposition of interest for the executor's failure to settle the estate.