New York Court of Appeals

Ida Mabie, Respondent v. Lewis H. Bailey, as Executor

February 26, 188495 N.Y. 206

Summary

The Court of Appeals affirmed the trial court's directed verdict, holding that a trust for Ida Mabie was properly created by Dr. Bailey's deposit, that the statute of limitations did not bar the claim, that the trustee's later withdrawal did not defeat the trust, and that interest accrued from the time of withdrawal.