Hanigan v. Wright

The plaintiff has judgment determining that she is entitled to $2,833.80 now on deposit in an Albany bank. This is the balance of a deposit made by defendant’s testatrix in the •name of “Alma Babcock in trust for Lena Hanigan.” The court determined that defendant’s testatrix, by the deposit, created an irrevocable trust in favor of the plaintiff. Testatrix received the money deposited in this trust fund as survivor of her husband, it having been, at the time of his death, in the same bank in their joint names, with the right of survivorship. Apparently the plaintiff was the granddaughter of…