Donnelly v. National Bank of Wash.

D. I. Cornell died a resident of Pierce county April 4, 1940. In accordance with the terms of his will, executed October 23,1939, the National Bank of Washington was the appointed and qualified trustee of the trust set forth in that will. Betty H. Montgomery, Willis C. Donnelly, and two others were the residuary beneficiaries of the testator. The pertinent provision of the trust instrument reads as follows:

“Upon the exhaustion of said life insurance trust, to pay from the net income of the trust estate to my grandson, Willis C. Donnelly, sometimes called and known as Willis C. Riggs, the sum…