AM. NAT. BANK & TRUST CO., ETC. v. Clark

586 S.W.2d 825 (1979)

AMERICAN NATIONAL BANK AND TRUST COMPANY OF CHATTANOOGA, Petitioner-Defendant,

v.

Norman Frances Raoul CLARK and Ann Elizabeth Raoul, Respondents-Plaintiffs.

Supreme Court of Tennessee.

August 20, 1979.

Rehearings Denied October 1, 1979.

Rehearings Denied October 29, 1979.

Jere T. Tipton, Miller & Martin, John P. Gaither, Witt, Gaither & Whitaker, Chattanooga, for petitioner-defendant.

Leonard R. Tanner, Jr., Richard P. Jahn, Chattanooga, for respondents-plaintiffs.

OPINION

HARBISON, Justice.

In this action the beneficiaries of an inter vivos trust, created in 1949, sued the trustee…