Trust. Specifically, a trust in modern commercial usage, is an organization for the control of several corporations under one set of directors, by the device of a transfer by the stockholders in each of the separate corporations of at least a majority of all the stock to a central committee or board of trustees, who issue in return to such stockholders, certificates showing in effect that, although they have parted with their stock and th*e consequent voting power, they are still entitled to dividends and to share in the profits - the object being to enable the trustees to elect directors in all the corporations, to control and suspend at pleasure the work of any; and thus to economize expenses, regulate the production or output, and defeat competition.