| Volume 200, Volume 4, Page 232 View pdf image (33K) |
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232 HIGH COURT OF CHANCERY. trustees named by the testator, and George H. Williams, the executor of David T. McKim, the deceased trustee. A major- ity in amount of interest recommend the former, and when to this is added the consideration that he is the party selected by the testator himself for the execution of this responsible trust, I do not see how any other selection can be made by this court. No objection, so far as I am informed, exists to either of these gentlemen personally. On the contrary, they are both repre- sented and believed to be every way worthy of the trust, and my preference of the one over the other does not imply the slightest want of confidence in the party not appointed. Mr. McKim is chosen because he is recommended by the parties hav- ing the largest interest in the trust fund, has himself a persona] interest, and especially because the testator himself the author of the trust, selected him. An order will be signed appointing John S. McKim, and clothing him with ,power to execute the trust upon his giving bond, with approved surety, in the penalty of fifty thousand dollars for the faithful performance of the trust. [A decree was accordingly passed on the 12th of May, 1848 appointing John S. McKim trustee, in place of David T. Mc- Kim deceased. This trustee subsequently resigned the trust when a controversy again arose as to his successor, which the Chancellor decided by the following opinion, delivered on the 20th of September, 1848.] THE CHANCELLOR : John S. McKim, the trustee appointed by the decree of this court to fill the vacancy occasioned by the death of David T. McKim, having resigned the trust, it has become necessary to appoint another to execute the powers and duties which by that decree were conferred upon him. The parties interested have named two persons, Haslett Mc- Kim, of the city of Baltimore, being recommended by one portion of the cestui que trusts, and George H. Williams, of said city, by another. Two-thirds concur in the recommenda- tion of the former, and one-third of the latter, and this numer- |
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| Volume 200, Volume 4, Page 232 View pdf image (33K) |
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