Butler v. Builders Trust Co.

Julius J. Olson, Justice.

Walter Butler, a resident of Ramsey county, died intestate October 28, 1933, possessed of a large estate. He was survived by his widow, two sons (Walter P., appellant here being one of them), and a daughter. Builders Trust Company, the respondent, a Butler family corporation, was appointed administrator and is still acting in that capacity.

On June 7, 1934, appellant entered into an agreement, as party of the first part, with the other heirs, as parties of the second part, and the trust company, as party of the third part, under the terms of which he agreed—

“to sell…