Lytle v. Northern Trust Co.

Plaintiffs appeal from a decree holding that certain shares of stock in various corporations were held by Katherine H. Lytle McGlave (hereinafter called the decedent) and her husband, defendant Edward J. McGlave, as joint tenants with the right of survivor-ship, and that upon the death of decedent the said shares of stock became the full and complete property of Edward J. McGlave as survivor.

The question presented to us is whether under the law relating to joint rights and obligations, 111 Eev Stats, e 76, § 2 (1961), it is essential to the creation of a joint tenancy in shares of stock that…