Robertson v. Hert's Adm'rs

Affirming..

This appeal involves the validity of a contract for the sale of certain securities held by a trust, administered by six trustees, to a corporation controlled by one of the trustees, the purchaser having been authorized by an amendment to the trust instrument to purchase the securities. Four questions are presented: 1. Did the chancellor in the suit to settle the estate have jurisdiction to pass upon the validity of the sale; 2. were the ■necessary parties before the court; 3. can trustees sell trust assets to a corporation controlled by a fellow trustee; 4. was the purchase price…