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" 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... "
Bank Deposits: Trust Deposits, Alternate Deposits, Joint Deposits : a Full ... - Page 206
by John Edson Brady - 1911 - 319 pages
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 69

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...unequivocal act or declaration, such as delivery of the pass-book or notice to the beneficiary. In case the depositor dies before the beneficiary without revocation,...
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The Northeastern Reporter, Volume 72

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...unequivocal act or declaration, such as delivery of the passbook or notice to the beneficiary. In case the depositor dies before the beneficiary, without revocation,...
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The Atlantic Reporter, Volume 61

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...unequivocal act or declaration, such as delivery of the passbook or notice to the beneficiary. In case the depositor dies before the beneficiary, without revocation,...
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The Atlantic Reporter, Volume 97

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...
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The New York Supplement, Volume 140

1913 - 1288 pages
...interests of parties in savings bank accounts similar to the one here under consideration. It said : "A deposit by one person of his own money in his own...unequivocal act or declaration, such as delivery of the passbook or notice to the beneficiary. In case the depositor dies before the beneficiary, without revocation...
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The New York Supplement, Volume 108

1908 - 1310 pages
...judgment. That case decides that a deposit by a person as trustee for another "standing alone * * * is a tentative trust merely revocable at will until...lifetime by some unequivocal act or declaration." But when such deposit does not stand alone, but, as in this case, must be considered in connection...
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The New York Supplement, Volume 143

1914 - 1302 pages
...543. As the court said in the Matter of Totten, 179 NY 112, 71 N. E. 748, 70 LRA 711, 1 Ann. Cas. 900: "A deposit by one person of his own money, in his own name as trustee lor another, standing alone, does not establish an irrevocable trust during the lifetime of the depositor....
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The New York Supplement, Volume 176

1919 - 1076 pages
...lifetime of depositor, but is a tentative trust merely revocable at will until depositor dies or completes gift in his lifetime by some unequivocal act or declaration, such as delivery of passbook, or notice to beneficiary. 2. TRUSTS <@=>U — DEPOSIT IN TRUST — PRESUMPTION. Where one...
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The New York Supplement, Volume 102

1907 - 1220 pages
...the principles eetiiliiislird by our former iKvi.-Ums, we announce the following as our conclusion : A deposit by one person of his own money, In his own mime as trustee for another, standing alone, does not establish an Irrevocable trust during tinlifetime...
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The New York Supplement, Volume 112

1909 - 1286 pages
...October 16, 1908.) FRAUDULENT CONVEYANCES — DEPOSIT IN TRUST. Though a deposit In a savings bank by one of his own money In his own name as trustee for another is by itself enough to establish a trust where he then dies, which is not the case as long as he lives,...
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