Newhouse v. Canal National Bank of Portland

CLIFFORD, District Judge.

This is an action by Elizabeth F. New-house, George C. Fry, Jr., Olney M. Fry, and Sheridan Brooks Fry for an accounting and to recover trust income paid to a third party allegedly in breach of trust. The plaintiffs are certain of the beneficiaries of a trust established under the will of Mary J. E. Clapp. 1 This action is against Sidney St. F. Thaxter and Montgomery Blair, Jr. 2 individually, and in their capacity as trustees under the will; and against the Canal National Bank of Portland, 3 a third party, individually, and in its capacity as trustee under a mortgage…