Farmers Nat'l Bank of Danville v. Young

RATLIFF, Justice. Margaret Young, an aged colored woman, died in July, 1937, at Danville, Kentucky. She was born in Kentucky and some time prior to the year 1900 she married Anthony B. Young, a Civil War soldier who since that war had resided in the state of Nebraska. He had previously been married and had four children by a former wife. Margaret Young had no children. Anthony and Margaret Young resided in Nebraska until the death of Anthony Young in 1912. He left a will by which he devised to Margaret, his widow, a 160-acre farm in Nebraska and one-third of his personal property, and devised to his four children the residue of his estate consisting of a 40-acre farm and certain other property in the city of Grand Island, Nebraska, and two-thirds of his personal property. In 1912, soon after the will of Anthony Young had been probated, his children threatened various legal actions against Margaret Young, their stepmother, with respect to their father's will and, as a compromise and settlement of the dispute, they entered into a contract which reads in part as follows: