 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
 | Francis Buchanan Tiffany - 1912 - 732 pages
...trust was intended; 52 but this doctrine has been limited, and it is now held that such a deposit, standing alone, does not establish an irrevocable trust during the lifetime of the depositor, but a tentative trust merely, revocable at will, until the depositor dies or completes the gift in... | |
 | New York (State) - 1913 - 588 pages
...by the principles established by our former decisions, we announce the following as our conclusion: 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 pass book or notice to the beneficiary. Pp. 125, 126. In the light of this... | |
 | James Smith McMaster - 1906 - 832 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... | |
 | James Smith McMaster - 1905 - 966 pages
...mone^in hjs own name ^s trustee for another, standing alone, does not establish an irrev<fcable rust during the lifetime of the depositor. It is a tentative trust merely, r.^vOcable at will until the depositor dies or completes the .gift in his l*etime by some unequivocal... | |
 | Eugene Allen Gilmore, William Charles Wermuth - 1914 - 888 pages
...of these trusts is summed up in the following condensed statement by the New York 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. In case the depositor dies before the... | |
 | William Mark McKinney, Burdett Alberto Rich - 1914 - 1424 pages
...authority, however, appears to be in support of the doctrine that the mere fact of such a deposit, standing alone, does not establish an irrevocable trust during the lifetime of the depositor, but a tentative trust merely, which is revocable at the will of the depositor until he dies or completes... | |
 | New York (State). Surrogate's Court (New York County) - 1915 - 624 pages
...Bolin, 136 NY 177; Kelly v. Beers, 194 id. 49. As the court said in the Matter of Totten, 179 NY 112: " A deposit by one person of his own money in his own...his lifetime by some unequivocal act or declaration, such as the delivery of the pass-book or notice to the beneficiary." But delivery of the pass-book... | |
 | New York (State) - 1916 - 526 pages
...trust for his brother." Cunningham v. Davenport, (1895) 147 NY 43, 41 NE 412, 49 ASR 641, 32 LRA 373. 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 pass-book or notice to the beneficiary. In case the depositor dies before the... | |
 | Lafayette Blanchard Gleason, Alexander Otis - 1917 - 908 pages
...The courts have made an apparent exception in the matter of bank accounts taken in trust for another. establish an irrevocable trust, during the lifetime...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... | |
 | New York (State). Surrogate's Court (New York County) - 1918 - 616 pages
...112), where the rule as to deposits of this character was clearly and decisively stated as follows: " A deposit by one person of his own money, in his own...dies or completes the gift in his lifetime by some unequivocable act or declaration, such as delivery of the pass-book, or notice to the beneficiary.... | |
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