Legal Opinion

County Trust Co. v. Young

Appellate Division of the Supreme Court of the State of New York

Decided May 19, 1941PublishedCited by 3 opinions

1Opinion of the CourtJohnston, J.

The principal question presented involves the construction of section 23 of the Personal Property Law, which reads as follows:

“ Revocation of trusts upon consent of all persons interested. Upon the written consent of all the persons beneficially interested in a trust in personal property or any part thereof heretofore or hereafter created, the creator of such trust may revoke the same as to the whole or such part thereof, and thereupon the estate of the trustee shall cease in the whole or such part thereof.”

The facts are undisputed. On July 26, 1930, Minnie E. Young created an inter vivos…

2Cases cited5 opinions

  1. Schoellkopf v. Marine Trust Co.New York Court of Appeals · 1935
  2. Engel v. Guaranty Trust Co.New York Court of Appeals · 1939
  3. Savage v. . ShermanNew York Court of Appeals · 1882
  4. Corbett v. Bank of New York & Trust Co.Appellate Division of the Supreme Court of the State of New York · 1930
  5. Williams v. SageAppellate Division of the Supreme Court of the State of New York · 1917

3Cited by3 opinions

  1. Sasso v. GallucciNew York Supreme Court · 1982
  2. Chase National Bank v. MackenzieNew York Supreme Court · 1947
  3. In re MullerNew York Supreme Court · 1961

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