In Re Estate of Seefeld

The parties hereto argue many propositions and cite authorities which have been examined but which will not be specifically noticed because that is deemed unnecessary in the view we take of this cause. This trusteeship had its inception in the will of Fred W. Seefeld. By its terms, appellee Seefeld was given a life estate in one seventh of that estate with remainder over to the grandchildren of the testator. Appellee Gerdes was appointed trustee with power to loan “said trust fund to reliable parties on good security at such rates of interest as to him may seem just and reasonable.”

The trust…