Ketcham v. International Trust Co.

This is a proceeding by a beneficiary to compel a trustee to pay a certain sum of money to him direct instead of investing it in an annuity policy for his benefit as provided by the express terms of testator’s will. The judgment being against him, the beneficiary brings the case here, contending: (1) That the court erred in granting defendant’s motion for summary judgment; (2) that plaintiff, as a matter of law, is the only person beneficially interested in this fund, and (3) that plaintiff, as a matter of law, may demand and receive payment of his proportionate share of the trust estate…