Court of Appeals for the D.C. Circuit May 5, 1960, 15202 (Teachers Annuity and Aid Association of the District of Columbia, a Corporation v. Riggs National Bank of Washington, D.C., Trustee)

WILBUR K. MILLER, Circuit Judge.

The principal question presented by this appeal is whether an irrevocable trust was established when Teachers Annuity and Aid Association executed to Washington Loan and Trust Company a declaration of trust providing that the sum of $121,500 then deposited with that institution should be held in perpetuity by it as trustee, the income therefrom to be used in the