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LITTLE ROCK JUNIOR COLLEGE v. GEO. W. DONAGHEY FOUNDATION

No. 5-622.

277 S.W.2d 79 (1955)

The LITTLE ROCK JUNIOR COLLEGE et al., Appellants, v. The GEO. W. DONAGHEY FOUNDATION et al., Appellees.

Supreme Court of Arkansas.

Concurring Opinion April 11, 1955.

Attorney(s) appearing for the Case

Bailey, Warren & Bullion, Little Rock, for appellants.

H. M. Armistead and Barber, Henry & Thurman, Little Rock, for appellees.

ROBINSON, Justice.

This is a suit for a declaratory judgment whereby the beneficiary of a trust asks that a deed in trust be construed. George W. Donaghey and his wife, Louvenia Donaghey, conveyed by a deed in trust to named trustees, "`for the exclusive use and benefit of the present Little Rock Junior College", certain real estate in the City of Little Rock. The deed provides, inter alia:

"It is the object and purpose of this deed to convey the property...

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