Midland National Bank v. O'Connor

Thomas Gallagher, Justice.

This appeal involves construction of certain provisions in a trust inter vivos created by Walter Butler on June 18, 1920,1 for the benefit *552of Helen W. Butler, his wife. In other trusts created at the same time, Walter P. Butler, Effie Butler O’Connor, and Robert Butler, children of the trustor, were named as the respective beneficiaries. For convenience each of such trusts will be designated by the name of its beneficiary.

Builders Trust Company of St. Paul, named as trustee in each of the trusts, acted in that capacity in the Helen W. Butler trust until May 13, 1954.…