Baker's Heirs v. Dixon Bank & Trust Co.

Opinion of the Court by

Judge Cammaok

Reversing.

When the Dixon Bank & Trust Company made its final report as trustee of the estate of F. M. Baker, in 1936, it paid itself a 5 per cent commission amounting to $2,015.77 on the total personal estate of $42,315.47; $24,059.56 of which was turned over to the succeeding trustee, and the remainder distributed to various persons. The Bank also deducted $200 for the supervision of real estate. During’ the Bank’s period of trusteeship, which began in 1919, it deducted 5 per cent, for all disbursements and also made an annual charge for making loans and…