Bank Deposits, Trust Deposits, Alternate Deposits, Joint Deposits: A Full Statement of the General Principles of Law Governing These Forms of Deposits. Digests of All Cases Involving Such Deposits which Have Been Decided by the Courts of the Different States. Complete Text of the Statutes Regulating These Deposits, which Have Been Enacted in Twenty-seven StatesBanking Law Journal Company, 1911 - 319 pages |
From inside the book
Results 6-10 of 18
Page 83
... James Burton after my decease with all my books " is not of much weight . It is not certain by whom or for what purpose that was written . But if it is to be regarded as the language of Alden Burton , its meaning may be to deliver him ...
... James Burton after my decease with all my books " is not of much weight . It is not certain by whom or for what purpose that was written . But if it is to be regarded as the language of Alden Burton , its meaning may be to deliver him ...
Page 84
... James Burton , order of Alden Burton " was in terms to pay at his decease . That order , too , was never delivered . For some reason , if he ever intended to give the money to his son , he never consum- mated the gift by vesting in him ...
... James Burton , order of Alden Burton " was in terms to pay at his decease . That order , too , was never delivered . For some reason , if he ever intended to give the money to his son , he never consum- mated the gift by vesting in him ...
Page 118
... James . Elizabeth Cannon , wife of James , knew nothing of the deposit until after his death . This suit is by Elizabeth , wife and administratrix , against Mary , daughter of James , to obtain the money claiming that it belonged to the ...
... James . Elizabeth Cannon , wife of James , knew nothing of the deposit until after his death . This suit is by Elizabeth , wife and administratrix , against Mary , daughter of James , to obtain the money claiming that it belonged to the ...
Page 119
... James parted with legal dominion and control of the money stand- ing in his name in the bank because it was there subject to his order or " the order of Mary E. Cannon . " On the contrary it was his as absolutely as it would have been ...
... James parted with legal dominion and control of the money stand- ing in his name in the bank because it was there subject to his order or " the order of Mary E. Cannon . " On the contrary it was his as absolutely as it would have been ...
Page 198
... James C. Bell , her husband , or the survivor of them . " James died prior to Alida . In a controversy between the executors of James and the administrator of Alida , who had afterwards died , as to which was entitled to the deposit ...
... James C. Bell , her husband , or the survivor of them . " James died prior to Alida . In a controversy between the executors of James and the administrator of Alida , who had afterwards died , as to which was entitled to the deposit ...
Other editions - View all
Bank Deposits: Trust Deposits Alternate Deposits Joint Deposits; A Full ... John Edson Brady No preview available - 2017 |
Common terms and phrases
A's death account was opened administrator Aff'd Alternate Deposits amount Ann Coyle bank book beneficiary Bowery Savings Bank claimant claimed court create a trust daughter deceased delivered delivery deposit book deposited money depositor died dividends donor draw the money drew Elizabeth entitled entry evidence executor fact father fund gift causa mortis gift inter vivos held intention to create irrevocable trust James Burton Joint and Alternate joint owners joint tenancy lifetime Mary Misc money belonged N. E. Rep N. J. Eq N. Y. App N. Y. Supp name in trust niece opened an account paid parties pass book payable payment perfected gift person in trust plaintiff positor retained the pass revoke Savings Institution statute survivor tentative trust testamentary thereof transaction transfer trust account trust company Trust Deposits trust in favor trust was created valid gift valid trust vest William withdrawals
Popular passages
Page 206 - 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 or completes the gift in his lifetime by some unequivocal act or declaration such as delivery of the passbook or notice to the beneficiary.
Page 293 - And whenever any deposit shall be made by any person in trust for another, and no other or .further notice of the existence and terms of a legal and valid trust shall have been given in writing to the bank, in the event of the death of the trustee, the same, or any part thereof, together with the dividends or interest thereon, may be paid to the person for whom the said deposit was made.
Page 300 - State in the names of two persons, payable to either, or payable to either or the survivor, such deposit, or any part thereof, or any interest or dividend thereon, may be paid to either of said persons, whether the other be living or not; and the receipt or acquittance of the person so paid shall be a valid and sufficient release and discharge to the bank for any payment so made.
Page 112 - If it is intended to take effect by transfer, the court will not hold the intended transfer to operate as a declaration of trust,* for then every imperfect instrument would be made effectual by being converted into a perfect trust.
Page 290 - ... during the lifetime of both or to the survivor after the death of one of them and such payment and the receipt or acquittance of the one to whom such payment is made shall be a valid and sufficient release and discharge to...
Page 286 - When a deposit has been made or shall hereafter be made, in any bank or trust company transacting business in this State in the names of two or more persons, payable to either, or payable to either or the survivor, such deposit, or any part thereof, or any interest or dividend thereon, may be paid to either of said persons...
Page 289 - ... and may be paid to either during the lifetime of both or to the survivor after the death of one of them...
Page 294 - When a deposit shall be made by any person in the names of such depositor and another person and in form to be paid to either or the survivor of them...
Page 26 - In case the depositor dies before the beneficiary without revocation or some decisive act or declaration of disaffirmance, the presumption arises that an absolute trust was created as to the balance on hand at the death of the depositor.
Page 292 - When a deposit is made in the name of two or more persons, deliverable or payable to either or to their survivor or survivors, such deposit or any part thereof, or increase thereof, may be delivered or paid to either of said persons or to the survivor or survivors in due course of business.