CREIGHTON v. HAYES


354 S.W.2d 73 (1961)

W.F. CREIGHTON and A.D. Creighton, Trustees, etc. v. Mrs. Margaret Creighton HAYES et al.

Supreme Court of Tennessee.

February 8, 1961.


Attorney(s) appearing for the Case

William P. Cooper, Hofstetter & Hofstetter, Nashville, for appellants.

Phillips, Gullett & Steele, Nashville, for appellees.


BURNETT, Justice.

This suit presents three basic propositions to be determined under the factual situation herein presented, to-wit: (1) can a Trustee individually acquire by purchase the interest of a beneficiary in the trust; (2) is it necessary to make the issue of five living sui juris beneficiaries of the trust parties to a proceeding which is filed for the purpose of approving the accounts of the Trustee; and (3) will a bill lie which seeks merely a declaration...

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