Cleveland Trust Co. v. Reed

Andrews, Chief Referee.

This is a declaratory judgment action relating to the will of Harry Parker Fisher, who died October 17, 1348. More specifically, the action concerns three testamentary trusts created by Item VI of the will, which disposes of the “rest, residue and remainder" of the estate to trustees, and directs the trustees to divide the trust estate into three parts, to be designated as H. P. Fisher Trust No. 1, No. 2, and No. 3, respectively. Trust No. 1 and Trust No. 2 each contains two-fifths of the total trust estate, and Trust No. 3 one-fifth.

Plaintiffs are the present trustees…