Mercantile Trust Co. v. Bergdorf & Goodman Co.

The question on this appeal is the validity as to future creditors of a deed of trust made by the judgment debtor for her, the settlor’s, benefit. Thfe chancellor decreed the sale of sufficient securities of the corpus to satisfy the judgment, and the settlor, trustee, and infant remainder-man appealed.

On the 30th day of January, 1923, Helen H. Bennett, who was then twenty-four years of age, and unmarried, made a deed of trust to the Continental Trust Company and Thomas E. Cottman of stocks, bonds, and other personal property, amounting, according to an appraisal made in 1931, to nearly…