Pike v. Camden Trust Co.

By this bill complainants ask to have four certain trust investments set aside and replaced by cash. They claim under a deed of trust dated June 3d 1929, of which their testatrix, Letitia J. Baker, was the settlor and of which the Camden Safe Deposit and Trust Company (merged in 1938 with the West Jersey Trust Company to form the defendant company) was the trustee. Relief is sought on the ground that the trustee, by reason of interests said to be in conflict with those of the complainants as beneficiaries of this trust estate, violated established principles of trust administration in making…