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ACKERMAN v. CITIZENS BANK OF JONESBORO

No. 77-82.

555 S.W.2d 565 (1977)

Robert E. ACKERMAN, Appellant, v. CITIZENS BANK OF JONESBORO, Trustee, and Ida Polley, Gary Polley and Ronald Polley, Appellees.

Supreme Court of Arkansas, Division 1.

September 26, 1977.

Attorney(s) appearing for the Case

Bill W. Bristow, Jonesboro, for appellant.

Frierson, Walker, Snellgrove & Laser by Paul Mark Ledbetter, Jonesboro, for appellees.

ROY, Justice.

On February 9,1974, Katherine F. Ackerman died, leaving a will and trust agreement as dispositive of her estate. Under the terms of her will, her estate, with the exception of certain personal effects, was devised to the Citizens Bank of Jonesboro as trustee.1 Under the terms of the trust agreement, two separate trusts were to be created and were referred to in the instrument as "the marital trust" and "the residuary trust...

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