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FIRST NATIONAL BANK OF BIRMINGHAM v. ADAMS

6 Div. 356.

203 So.2d 124 (1967)

FIRST NATIONAL BANK OF BIRMINGHAM, Trustee et al. v. Fred ADAMS et al.

Supreme Court of Alabama.

October 12, 1967.

Attorney(s) appearing for the Case

Cabaniss, Johnston, Gardner & Clark, Drayton T. Scott and Meade Frierson, III, Birmingham, for First Nat. Bank.

Bradley, Arant, Rose & White, Wm. Bew White, Jr., Harry R. Teel and John N. Wrinkle, Birmingham, for St. Regis Paper Co.

Frank M. Bainbridge, of Bainbridge & Mims, Birmingham, for T. M. McClellan, Jr.

Sam C. Pointer, Jr., of Brown, Pointer & Pointer, Birmingham, for L. R. Crumley and others, interveners, appellants.

McCollough & McCollough and D. H. Markstein, Jr., Birmingham, for appellees.

SIMPSON, Justice.

In December, 1945, Birmingham Paper Company, an Alabama corporation, entered into an agreement entitled Birmingham Paper Company Employees Profit Sharing Trust, in which the First National Bank of Birmingham was named as trustee. This agreement continued in effect until 1958 when a new agreement was drawn which for all purposes here pertinent restated the old agreement and amended the same in particulars not here involved. All references herein to...

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