Continental Illinois National Bank & Trust Co. v. Art Institute

The Continental Illinois National Bank and Trust Company of Chicago, as trustee of a trust inter vivos established by Doctor Daniel D. Van Degrift, deceased, and as executor of Doctor Van Degrift’s will, filed its complaint in the circuit court of Cook County seeking construction of the trust agreement and of the will and codicil thereto. The controversy arises on the effect of certain amendments to the trust agreement and of certain provisions of the will and codicil upon the third article of the trust agreement. The trial court held that an amendment to the trust agreement made by the…