Rider v. Phillips

This action is brought to impress a trust on certain real estate in Beacon, N". Y., in favor of plaintiff, an infant two years of age.

The premises were purchased by the defendants Peter Edelman and Harry M. Rider on May 1, 1913, from Stephen T. Bannister, subject to a first mortgage of $3,000 and a purchase money mortgage to *50Bannister for $7,000 for fourteen years payable in yearly installments of $500 each. The balance of the purchase price, $2,000, was paid in cash, and the deed was taken in the name of Ida D. Rider, the wife of Harry M. Rider and the mother of the infant plaintiff.

By an…