Stokes v. Hinden

The purpose of the bill is to set aside and declare of no effect a sale of property in the District of Columbia made by a trustee appointed by an order of court in the place and stead of the surviving trustee, who declined to serve.

Appellants had in 1932 executed a deed of trust conveying to two trustees certain property to secure to the holders of trust notes the sum of $3,000. The trust deed named Samuel A. Drury and James B. Nicholson as trustees. Nicholson died and Drury later declined to accept or execute the trust. Thereafter some of the noteholders, in accordance with the appropriate…