(Download) "Charles Magids v. American Title Insurance Company" by Supreme Court of Texas * eBook PDF Kindle ePub Free
eBook details
- Title: Charles Magids v. American Title Insurance Company
- Author : Supreme Court of Texas
- Release Date : January 10, 1971
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 75 KB
Description
The question presented here is whether an agreement between plaintiff, Charles Magids, and his wife, Fannie Magids, to execute identical wills devising to each other a life estate interest in all property "of which I die possessed", with the remainder to their three children, rendered the will of Charles Magids irrevocable and therefore effective upon the death of his wife, even though he is still living. It was so contended in the trial court by American Title and Insurance Co., cross-plaintiff and holder of a lien on any interest of one of the Magids sons, Barnett, in land known as the "Glendale property." American Title sought to foreclose its lien not only on the 1/6 remainder interest (1/3 of her 1/2) devised by the deceased Mrs. Magids to Barnett but also on an additional 1/6 remainder interest out of his fathers 1/2 of the property which American Title claimed to be presently vested in Barnett under the alleged irrevocable will of his surviving father, Charles Magids.
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