Union Bank v. Wormser

The principal issue presented by this appeal is whether the defendant, Ruth S. Van Ness, formerly Ruth S. Mayer, by the signing of a certain letter, ' created a valid irrevocable trust. The letter reads as follows:

“Chicago, June 8, 1923.

Mr. Leo F. Wormser,

105 W. Monroe Street,

Chicago.

Dear Leo:

Ton have in your firm’s trust account $1,747.59 belonging to me and I have just endorsed check of The Mutual Benefit Life Insurance Company for $22,676.64, to be deposited in the same account, making a total of $24,424.23.

Of this sum, I desire to have you invest $22,000 and to retain the securities in…