Young v. Victory

On the 23rd of July, 1933, in the City of New York, twelve persons signed an instrument in writing, which they described as a “Declaration and Articles of Trust,” in which it was stated that they had agreed between themselves “and with all persons who may hereafter become interested herein, and especially with all persons' who may hereafter convey or deliver property of any kind or character to us or to our successors, as such” that they would, as SUch Trustees', hold and administer all property of any kind that may be conveyed or delivered to them, or received by them as Trustees, in trust…