In re the Revocation of the Trust Created by Decker

In this proceeding under article 79 of the Civil Practice Act, this court is requested to find that the trust indenture created by the petitioner, as grantor, with Central Union Trust Company of New York, as trustee, on March 1, 1927, was effectively and completely revoked by the petitioner under section 23 of the Personal Property Law, by virtue of the execution and delivery to respondent of an instrument of revocation executed by her under date of December 6, 1957.

By its express terms the settlor assigned, transferred and conveyed certain bonds to the trustee for “ the term of her natural…