Hail v. Nashville Trust Co.

This suit was brought in 1937 by the widow; children, and grandchildren of Eustice A. Hail, deceased. They were the beneficiaries in six separate spendthrift trusts which he had creatéd for them before his death in 1927. They sued to recover large losses which they charged had been caused by numerous breaches of trust by defendants over a period of several years in the administration of these trusts.

The defendants were the Nashville Trust Company, the trustee in each of these trusts, and two of its officers, Charles Nelson and A. B. Benedict, who had been authorized by the trust instruments…