Lloyd v. McDiarmid

OPINION

By ALFRED MACK, J.

Prof. John Uri Lloyd prior to June 9, 1933, transferred and delivered to Atlas National Bank as trustee certificates for 2800 shares of the capital stock of the Lloyd Bros. Pharmacists, Inc.

On said day there was executed a trust agreement with relation to said shares of stock, the provisions of which bearing upon instant case, and omitting usual provisions of trust agreements as to non-liability of trustee for acts done in good faith, etc., are as follows:

*557“Upon the death of said John Uri Lloyd and until said stock shall have been sold the right to vote said stock…