In Re Farmers Exchange Bank

A segregated trust of certain assets theretofore the property of the Farmers Exchange Bank of Green Bay was created by agreement dated August 26, 1932. At that time there was no special statute providing for supervision of such trusts, and for that reason they came under the general superintending control of the circuit court. Sec. 220.08 (19) of the statutes was enacted by ch. 245, Laws of 1935. That section so far as material here is printed in the margin.

In 1940, some disagreement having' arisen between the trustees and the Banking Commission as to the right of the commission to supervise…