In re Equitable Trust Co.

The Chancellor.

Section 3879 of the Revised Code of 1915 provides as follows:

“3879. Section 36. Sale of Trust Property Free from Trust; How Effected; No Sale, When Terms of Trust Prohibit; Proceeds of Sale Held Subject to Same Trust; Trustee to Give Bond for Preservation of Trust: — Upon petition of any trustee having the legal title to any property, real, personal, or mixed, setting forth that the sale and conversion thereof would be beneficial to the person interested in the trust, the Chancellor may, by order made thereon in his discretion, authorize and direct such trustee to sell the…