Bank Deposits: Trust Deposits, Alternate Deposits, Joint Deposits : a Full Statement of the General Principles of Law Governing These Forms of Deposits. Digests of All Cases Involving Such Deposits which Have Been Decided by the Courts of the Different States. Complete Text of the Statutes Regulating These Deposits, which Have Been Enacted in Twenty-seven States
Banking Law Journal, 1911 - Broj stranica: 319
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Bank Deposits: Trust Deposits Alternate Deposits Joint Deposits; A Full ...
John Edson Brady
Pregled nije dostupan - 2017
action administrator afterwards alternate amount appeared authority bank book beneficiary benefit brought changed circumstances claimed complete constitute court create a trust daughter death deceased defendant delivered delivery deposit deposited money depositor died direction donee donor draw drawn drew effect Elizabeth entitled entry establish evidence executor existence fact father fund further gift give given held hold husband Institution intention interest irrevocable James John joint lifetime living Mary Mass Matter Misc money belonged mother N. E. Rep N. Y. App N. Y. Supp never niece notice opened opened an account owner paid parties pass book payable payment perfected person placed plaintiff posit possession present question reason retained rule Savings Bank sister standing statute subsequent sufficient survivor thereof tion transaction transfer valid trust vest wife withdrawals
Stranica 208 - A deposit by one person of his own money, in his own name as trustee for another, standing alone, does not establish an irrevocable trust during the lifetime of the depositor. It is a tentative trust merely, revocable at will, until the depositor dies or completes the gift in his lifetime by some unequivocal act or declaration such as delivery of the passbook or notice to the beneficiary.
Stranica 295 - And whenever any deposit shall be made by any person in trust for another, and no other or further notice of the existence and terms of a legal and valid trust shall have been given in writing to the bank, in the event of the death of the trustee, the same, or any part thereof, together with the dividends or interest thereon, may be paid to the person for whom the said deposit was made.
Stranica 302 - State in the names of two persons, payable to either, or payable to either or the survivor, such deposit, or any part thereof, or any interest or dividend thereon, may be paid to either of said persons, whether the other be living or not; and the receipt or acquittance of the person so paid shall be a valid and sufficient release and discharge to the bank for any payment so made.
Stranica 112 - If it is intended to take effect by transfer, the court will not hold the intended transfer to operate as a declaration of trust,* for then every imperfect instrument would be made effectual by being converted into a perfect trust.
Stranica 288 - When a deposit has been made or shall hereafter be made, in any bank or trust company transacting business in this State in the names of two or more persons, payable to either, or payable to either or the survivor, such deposit, or any part thereof, or any interest or dividend thereon, may be paid to either of said persons...
Stranica 291 - ... and may be paid to either during the lifetime of both or to the survivor after the death of one of them...
Stranica 296 - When a deposit shall be made by any person in the names of such depositor and another person and in form to be paid to either or the survivor of them...
Stranica 26 - In case the depositor dies before the beneficiary without revocation or some decisive act or declaration of disaffirmance, the presumption arises that an absolute trust was created as to the balance on hand at the death of the depositor.
Stranica 291 - ... during the lifetime of both or to the survivor after the death of one of them, and such payment and the receipt or acquittance of the one to whom such payment is made shall be a valid and sufficient release and discharge to...
Stranica 180 - The doctrine laid down by this court in the previous cases amounts to this, that the act of a depositor in opening an account in a savings bank in trust for a third party...