Udall v. Kenney
New York Supreme Court
Appeal from the Court of Chancery. The pleadings and proofs with the decree, and the late Chancellor’s reasons in its support, are stated in the report of the same case, as it stood in the Court below, under title of E. S. Kenney v. Udall & Kenney, (5 John. Ch. Rep. 464.) All the facts material to the view taken of the case here, will be found in the opinion of Savage, Chief Justice, who delivered the opinion of this Court.
1Opinion of the Court
Savage, Ch. J.
On the 21si of June, 1814, Thomas Hewitt, of the city of New-Yorfc, being possessed of 310 shares in the capital stock of the Bank of America, executed a deed of settlement, by which, among other things, he transferred all his shares in the Bank of America, to the president, directors and company of that bank, in trust for the uses and purposes in the deed expressed; one of which is as follows: “In further trust to pay my daughter Eliza the interest or dividends accruing on eight thousand dollars of the said stock or shares, as the same accrues, for her education; and to…
2Cited by14 opinions
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- Sleight v. ReadNew York Supreme Court · 1854
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