Legal Opinion

Busby v. Worthen Bank & Trust Co., NA

District Court, E.D. Arkansas

Decided February 21, 1979No. LR-76-C-251Published

1Opinion of the Court

OPINION

ARNOLD, District Judge.

This is a suit in equity for removal of a trustee. The case was tried to the Court on January 23 and 24, 1980. The plaintiff, John George Busby, is one of the beneficiaries of the trust. For jurisdictional purposes, he is a citizen of the Commonwealth of Virginia. The defendant, Worthen Bank & Trust Company, a national banking association, is the sole trustee at present. For jurisdictional purposes, it is a citizen of the State of Arkansas. This court therefore has jurisdiction under 28 U.S.C. § 1332(a)(1).

Anna F. Massery, the settlor, created the trust by…

2Cases cited8 opinions

  1. Meinhard v. SalmonNew York Court of Appeals · 1928
  2. Investment Company Institute v. CampSupreme Court of the United States · 1971
  3. Williams v. NicholSupreme Court of Arkansas · 1886
  4. Sternberg v. St. Louis Union Trust Co.Court of Appeals for the Eighth Circuit · 1947
  5. Hardy v. HardySupreme Court of Arkansas · 1954

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