Bottimore v. First & Merchants National Bank

On December 17, 1927, Elizabeth Roller, hereinafter called the trustor, then unmarried, and having no mother or father living, entered into a written trust agreement with The First and Merchants National Bank of Richmond, hereinafter called the trustee, whereby certain cash and securities, “when delivered to the trustee,” were to be held by it in trust as follows:

The trustee was empowered to invest, convert and reinvest said property; to collect all income from the trust fund, and, after deducting taxes and the expenses of administering the trust, to pay the net income to the trustor during…