Calhoun v. Markow

On November 3, 1930, Mrs. Sophie Lasunsky executed a trust instrument to the Merchants’ Bank & Trust Company, for the benefit of Mrs. Dora L. Markow, her daughter, reading as follows:

“This indenture made this the 3rd day of November, 1930, between Mrs. Sophie Lasunsky, of Jackson, Mississippi, party of the first part, and The Merchants Bank and Trust Company, a corporation organized and existing under and by virtue of the laws of 'the State of Mis sissippi, with its domicile and chief place of business in Jackson, Mississippi, hereinafter called the ‘Trustee,’ party of the second part.

“Whereas…