Legal Opinion

Emmert v. Old National Bank of Martinsburg

West Virginia Supreme Court

Decided July 11, 1978No. 13812PublishedCited by 15 opinions

1Opinion of the Court

Neely, Justice:

This appeal concerns a trustee’s exercise of discretionary powers granted by a trust instrument. The appellant, Frank S. Emmert, is an income beneficiary of a testamentary trust established by the will of his father, Allen R. Emmert. He claims to be in necessitous circumstances and argues that, under the terms of the trust, the trustee, The Old National Bank of Martinsburg, must invade the trust corpus to aid him in his distress. The trustee bank, which prevailed in the Circuit Court of Berkeley County below, refuses to invade the trust corpus for the benefit of Frank S.…

2Cases cited13 opinions

  1. In Re the Accounting of the Manufacturers National Bank of TroyNew York Court of Appeals · 1936
  2. Weiss v. SotoWest Virginia Supreme Court · 1957
  3. Weiss v. SotoWest Virginia Supreme Court · 1957
  4. Farmers & Merchants Bank of Keyser v. Farmers & Merchants Bank of KeyserWest Virginia Supreme Court · 1975
  5. Martin v. KimballNew Jersey Court of Chancery · 1916

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3Cited by15 opinions

  1. Smith v. First Community Bancshares, Inc.West Virginia Supreme Court · 2002
  2. Loar v. MasseyWest Virginia Supreme Court · 1979
  3. Berry v. Union National BankWest Virginia Supreme Court · 1980
  4. NationsBank of Virginia v. Estate of GrandySupreme Court of Virginia · 1994
  5. Virginia Electric & Power Co. v. Public Service Commission of W. Va.West Virginia Supreme Court · 1978

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