Sadowsky v. Sadowsky

On June 15, 1917, the defendant Reuben Sadowsky established a trust, the income of which he directed to be paid to his son, Jack P. Sadowsky, during life. Reuben Sadowsky and the defendants Nathan Sadowsky, Rose Sadowsky, Abraham E. Rothstein and Morton Stein were named as trustees. The trust agreement expressly provided that neither the principal nor the income should be alienable, assignable or pledgeable by any beneficiary for any purpose and that if any beneficiary should twice violate or endeavor to violate these provisions, the trustees should have power to deprive the beneficiary of…