Legal Opinion
Peoples National Bank of Greenville v. Peden
Supreme Court of South Carolina
Decided April 4, 1956No. 17141PublishedCited by 4 opinions
1Opinion of the Court
Moss, Justice.
On February 23, 1953, Bessie B. Mahaffey executed an inter vivos trust indenture in favor of the Peoples National Bank of Greenville, South Carolina, as trustee. Simultaneously therewith she transferred to the trustee certain cash and securities of considerable value. On the same day, Bessie B. Mahaffey also executed in favor of the trustee her warranty deed conveying certain real estate to be held pursuant to the terms of the trust indenture. This deed was duly recorded in the proper office of Greenville County.
The trust indenture, in paragraph 4 thereof, contained the…
2Cases cited8 opinions
- Reese's EstateSupreme Court of Pennsylvania · 1935
- Brown v. Fidelity Trust Co.Court of Appeals of Maryland · 1915
- McEvoy v. Boston Five Cents Savings BankMassachusetts Supreme Judicial Court · 1909
- Hackley Union National Bank v. FarmerMichigan Supreme Court · 1931
- Broga v. Rome Trust Co.New York Supreme Court · 1934
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3Cited by4 opinions
- MacFarlane v. First National Bank of MiamiDistrict Court of Appeal of Florida · 1967
- Florance v. Mercantile National Bank at DallasCourt of Appeals of Minnesota · 1984
- Matter of FloranceCourt of Appeals of Minnesota · 1984
- Protestant Episcopal Church in the Diocese of South Carolina v. Episcopal ChurchSupreme Court of South Carolina · 2017