Fidelity Union Trust Co. v. Field

'Mr. Chief Justice Hughes

delivered the opinion of the Court;

In 1935, Edith M. Peck causea the title of a savings bank .account, standing in her name to be transferred on the records of the bank to “Edith M. Peck, in trust for Ethel Adelaide Field.” Miss Peck retained exclusive control over the account, with sole right of. withdrawal arid right of revocation, and gave, no further notice of the existence of a trust. ' .

This, suit was brought by Ethel Adelaide Field against the bank' arid the executors of Miss Peck 'to .obtain a decree that the credit balance of the account belonged to the…