Pennicard v. Coe

On May 12, 1922, U. 0. Ooe, defendant herein, executed an agreement and declaration of trust in the City of Or eat Falls, Cascade County, Montana, and on June 20th of that year caused the same to be recorded in the office of the county recorder of that county. The objects of the agreement are stated in the following language:

“Establishing a trust estate and defining the interest, rights and duties of the holders from time to time of beneficial interests or units to be issued hereunder, together with their assigns hereinafter called subscribers or beneficiaries, and themselves, to- getter with…