(Download) "Brown v. Commercial Natl. Bk." by Supreme Court of Illinois # Book PDF Kindle ePub Free

July 09, 2021

eBook details

Title: Brown v. Commercial Natl. Bk.
Author : Supreme Court of Illinois
Release Date : January 27, 1969
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 63 KB

Description

Rehearing denied May 27, 1969. The Commercial National Bank of Peoria, as trustee, filed a complaint in the circuit court of Peoria County seeking approval
of its accounts and investment policy with respect to two irrevocable trusts established in 1962 by Clara K. Meyer, since
deceased. A counterclaim was filed by her daughter, Claresa Armstrong Brown, the principal beneficiary under one of the trusts.
The counterclaim seeks to set aside both trusts together with a third one made in 1960, on the ground of undue influence on
the part of the bank. After extensive hearings a decree was entered dismissing the counterclaim and approving the trustee's
reports. The decree was affirmed by the appellate court (94 Ill. App.2d 273), and we have allowed the daughter's petition
for leave to appeal from the appellate court's judgment. The sole question is whether the circuit court erred in refusing
to set aside the trusts.