In re Gantt

This grievance proceeding charges respondent with misconduct arising out of his personal use of trust funds. The hearing panel recommended indefinite suspension and a majority of the Executive Committee recommended disbarment. Because of the serious nature of respondent’s conduct, we believe indefinite suspension is warranted.

Respondent has served as trustee for the Turner Lumber Company since 1977 and was paid an annual fee for his service. The complaint alleged a series of transactions *551whereby respondent paid personal expenses out of trust funds or paid himself or his law partner fees in…