State v. First National Bank & Trust Co.

The will of Bartholomew C. Thronson transferred all his property to the First National Bank of Racine, hereinafter referred to as “the bank” in trust for “the uses and purposes specified.” The “uses and purposes” were-for his wife during her life and after her death to his two- children and the survivor of them, and on the death of the survivor “to pay over, assign, transfer and convey the residue” to “The Masonic Home at Dousman, Wisconsin.” The bank was also named as executor of the will and its final account as executor has been settled. On such settlement the state claimed an inheritance…