Shelley v. Shelley

This is an appeal from a decree of the circuit court for Multnomah county establishing the rights of the parties to the income and corpus of a trust of which the defendant, The United States National Bank of Portland (Oregon) is trustee.

The assignments of error are directed at the trial court’s interpretation of the trust. The trust involved in this suit was created by Hugh T. Shelley. The pertinent parts of the trust are as follows:

“NINTH: All of the rest, residue, and remainder of my said estate, * * * I give, devise, and bequeath to THE UNITED STATES NATIONAL BANK OP PORTLAND (OREGON), in…