Swetland v. Swetland

This is a bill against Maurice J. Swetland, trustee, by thecestuis que trustent under a certain trust created by Horace M. Swetland in his lifetime, and alleges misappropriation and dissipation of the trust fund; seeks an accounting; the removal of the trustee, and the appointment of a new trustee in his stead. Two trust agreements are involved in this controversy. The first is that of July 14th, 1917, and the second that of January 3d 1922.

Notwithstanding there are two declarations of trust there is in effect but one trust to be administered. The purpose of the second declaration was not to…