Legal Opinion
Hammond v. Chemung Canal Trust Co.
New York Supreme Court
Decided July 23, 1931PublishedCited by 4 opinions
1Opinion of the CourtPersonius, J.
On May 3, 1927, the plaintiff deposited with the defendant $30,000 under a trust agreement which provided for the payment of the income to the plaintiff for life and of the principal, upon the plaintiff’s death, to such persons as he should name in his will, and if he should die intestate, to his next of kin. This action is brought to revoke the trust under section 23 of the Personal Property Law, which provides for the revocation of a trust by the creator thereof upon the written consent of all the persons “ beneficially interested ” therein. The complaint alleges that there are no persons…
2Cases cited11 opinions
- Whittemore v. Equitable Trust Co.New York Court of Appeals · 1929
- Whittemore v. Equitable Trust Co.Appellate Division of the Supreme Court of the State of New York · 1914
- McKnight v. Bank of New York & Trust Co.New York Court of Appeals · 1930
- Crackanthorpe v. SicklesAppellate Division of the Supreme Court of the State of New York · 1918
- Stella v. New York Trust Co.Appellate Division of the Supreme Court of the State of New York · 1928
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3Cited by4 opinions
- May v. CommissionerUnited States Tax Court · 1947
- In re the Estate of BrunswickNew York Surrogate's Court · 1932
- Silverthau v. United StatesDistrict Court, D. Connecticut · 1938
- Armstrong v. CommissionerUnited States Board of Tax Appeals · 1935