Debrabant v. Commercial Trust Co.

On February 16th, 1918, the late United States Senator Clark, of Montana, divided two hundred and forty thousand shares of his United Verde Copper Company stock into eight equal parts, gave one of these parts to each of his six children, and retained the other two parts for himself. Three of his then adult children received their respective parts by outright gifts, while those of complainant (formerly Mary Clark Kling), and of his two other children, who were then infants, were trusteed to defendant Commercial Trust Company of New Jersey, under three separate deeds of trust then made by him…