Marks v. Bankers Trust Co.

On May 5,1925, plaintiff and defendant executed an agreement creating an inter vivos trust. The indenture provided for the payment by defendant to plaintiff during her lifetime of the income from certain securities deposited with defendant. It also provided that upon the death of plaintiff the income was to be paid to her husband for life, and that upon the death of her husband, or in case he predeceased plaintiff, the principal “ shall be transferred and paid over to the daughter of the party of the first part, Helen Bromfield, her heirs, executors, administrators or assigns, for her own…