Soden v. First Nat. Bank

REEVES, District Judge.

This is an action in equity to cancel and annul an instrument designated as a “Deed and Trust Indenture,” dated February 28, 1931, but executed on March 18, 1931. By the terms of the instrument the defendant The First National Bank of Kansas City, a corporation, was made a trustee of an irrevocable trust. The beneficiaries of such trust were the plaintiff, his then wife, Catherine M. Soden, and his four children, namely, Mary Ellen McGeorge (nee Soden), Rosemary Soden, Cathleen Louise Soden and Patrick Soden.

The purpose of the trust, as expressed in the instrument, was,

“…