A deposit by one person of his own money, in his own name as trustee for another, standing alone, does not establish an irrevocable trust during the lifetime of the depositor. It is a tentative trust merely, revocable at will, until the depositor dies... The New York Supplement - Page 5271909Full view - About this book
| New Jersey. Court of Chancery - 1907 - 930 pages
...court of appeals, in the Totten Case, formulated its doctrine in the following language (at p. 125) : "A deposit by one person of his own money, in his...his lifetime by some unequivocal act or declaration, such as delivery of the pass-book or notice to the beneficiary. In case the depositor dies before the... | |
| 1905 - 1204 pages
...125. 71 NE 748, 752, the following rule was established as the law governing such attempted trusts: "A deposit by one person of his own money, in his...his lifetime by some unequivocal act or declaration, such as delivery of the passbook or notice to the beneficiary. In case the depositor dies before the... | |
| 1905 - 1152 pages
...Case, formulated its doctrine in the following language (at page 125 of 179 NY, page 752 of 71 NE): "A deposit by one person of his own money in his own...his lifetime by some unequivocal act or declaration, such as delivery of the passbook or notice to the beneficiary. In case the depositor dies before the... | |
| 1916 - 1116 pages
..."A deposit by oae person of his own money, in his own name ae trustee for another, standing «lone, does not establish an irrevocable trust during the...his lifetime by some unequivocal act or declaration, auch as delivery of the passbook or notice to the beneficiary. In case the depositor dies before the... | |
| New York (State). Supreme Court. Appellate Division - 1909 - 1088 pages
...which this question must be determined is stated in Matter of Totten (179 NT 112, 125) as follows: "A deposit by one person of his own money in his own...completes the gift in his lifetime by some unequivocal net or declaration, such as delivery of the pass book or notice to the beneficiary. In case the depositor... | |
| New York (State). Supreme Court. Appellate Division - 1905 - 778 pages
...depontt made in »itek account after tlte death of ttte cestui que trust named tltertin.} A savings bank deposit by one person of his own money, in his own name us trustee for another, standing alone, does not establish an irrevocable trust during the lifetime... | |
| 1904 - 694 pages
...deposit until a year after the depositor's death. Held, that the original trust is merely tentative, revocable at will until the depositor dies or completes...his lifetime by some unequivocal act or declaration. Totlen v. Lattan, 31 NYLJ 1717 (NY, Ct. of App., Aug. 5, 1904). The New York court formerly held that... | |
| Abraham Clark Freeman - 1905 - 1190 pages
...in the establishment of the rules of law respecting savings banks. The rule there announced was that a deposit by one person of his own money, in his own...lifetime, by some unequivocal act or declaration, such sta delivery of the pass-book or notice to the beneficiary. In case the depositor dies before... | |
| 1905 - 510 pages
...designated beneficiary. In the summary of its decision the Court says: "A deposit in a savings bank by one person of his own money in his own name as...merely, revocable at will, until the depositor dies, or until he completes the gift in his lifetime by some unequivocal act or declaration, such as delivery... | |
| Albert Sidney Bolles - 1907 - 632 pages
...Under what conditions does such a trust exist? They have been thus stated by the Court of Appeals: "A deposit by one person of his own money, in his...his lifetime by some unequivocal act or declaration, such as delivery of the pass-book or notice to the beneficiary. 53 Devol v. Dye, 123 Ind. 321 ; Smith... | |
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