Young v. . Hood, Comr. of Banks

A reversal of the present judgment was adumbrated or foreshadowed by the decisions in Hood, Comr., v. Trust Co. and Brand, ante, 367, and Parker v. Hood, Comr., ante, 494.

The Brand case, supra, is a direct authority against the position taken in the “Young Case,” and the decision in Packer v. Hood, Comr., supra, is contrary to the preferential part of the judgment rendered in the “Cheshire Case.”

It should be observed that here the trustor himself placed several restrictions upon the trustee. Investments were not to be changed without the written consent of certain of the income beneficiaries,…