Rowland v. Farm Credit Bank of St. Louis

John Mauzy Pittman, Judge.

The appellants in this case, beneficiaries under a testamentary trust created by their grandmother’s will, appeal from an order foreclosing the liens of two mortgages on trust property in favor of appellee and mortgagee, Farm Credit Bank of St. Louis. Appellants contend their father, the executor of their grandmother’s estate and trustee of the trust, was without authority to mortgage the property for his personal benefit and that a 1977 probate court order purporting to grant the executor that authority was void for lack of probate court jurisdiction over the…