Chase National Bank v. Tomagno

Margaret J. Pitou executed and delivered to The. Chase National Bank an indenture of trust, making provision for the distribution of part of her estate among several named beneficiaries. Article seventh- of the trust indenture reserved to the settlor the right to revoke the agreement absolutely at any time or to revoke it in part or to withdraw a part of the fund from time to time, to modify the agreement and the trust created in any manner that she saw fit at any time, to change the beneficiaries by leaving out any beneficiary or ádding new ones, and to change the interest of any beneficiary…