Daws v. Drusilla Home

Drusilla Home in Madison, Indiana, is a non-profit corporation organized and maintained for the purpose of providing a home for elderly women. In September, 1941, Catherine G. Klein entered the home after paying the admission fee and signing an agreement to convey to the home all property then owned or thereafter acquired by her.

In July, 1941, before entering or applying for admission to the home, she put a certificate representing 40 shares of General Motors stock then owned by her and issued in her name, in an envelope, together with a note written and signed by her which reads: “I…