American Nat. Bank & Trust Co. v. Mander

Complainant, American National Bank & Trust Company, as executor and trustee under the will of the late George T. Hunter, filed the original bill herein asking for the construction of the will. Mr. Hunter, unmarried, a prominent and wealthy citizen of Chattanooga, died on October 3, 1950, leaving an estate estimated at from nine to fourteen million dollars.

Defendant, Benwood Foundation, Inc., a Delaware corporation, was incorporated November 10, 1944, for the purpose of promoting “religious, charitable, scientific, literary and/or educational purposes.” The other defendants include Mr.…