Appellate Division of the Supreme Court of New York, 1945

Margareten v. Margareten

Margareten v. Margareten
Appellate Division of the Supreme Court of New York · Decided December 20, 1945
269 A.D. 1028; 59 N.Y.S.2d 41
Margareten v. Margareten

Opinion of the Court

Per Curiam.

The facts alleged in the complaint do not constitute either a gift of shares of stock by plaintiff to her sons or an agreement pursuant to which a trust was created. They do, however, show that a trust ivas established without a reservation of the power of revocation. No facts are alleged authorizing rescission of the trust.

The order denying the motion to dismiss the complaint should be reversed, with $20 costs and disbursements to the appellant, and the motion to dismiss the complaint granted.

Martin, P. J., Townley, Callahan, Wasservogel and Peck, JJ., concur.

Order unanimously reversed, with $20 costs and disbursements to the appellant, and the motion granted.

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