DAVIS, District Judge.
This case was submitted to the Court without a jury upon an agreed statement of facts and the oral testimony of one witness. Only the facts material to the issues presented are herein set forth.
On October 3, 1944, Lee Ashcraft, the Plaintiff herein, executed an agreement whereby he established three trusts for his three grandchildren. The corpus of the trusts was conveyed to the Trustees, who were authorized to hold the corpus with...
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