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NELSON v. CALIFORNIA TRUST CO.

Docket No. L.A. 20480.

33 Cal.2d 501 (1949)

202 P.2d 1021

RUSSELL NELSON, Respondent, v. CALIFORNIA TRUST COMPANY (a Corporation), Appellant.

Supreme Court of California. In Bank.

February 25, 1949.

Attorney(s) appearing for the Case

Swanwick, Donnelly & Proudfit and Donald O. Welton for Appellant.

Hahn, Ross, Goldstone & Saunders for Respondent.

GIBSON, C.J.

Nelson, in order to satisfy a judgment, is seeking to reach the assets of a spendthrift trust created by his judgment debtor Fred H. Bixby, Jr. The trial court found that all of the property in the trust was subject to the payment and satisfaction of the judgment held by Nelson. Defendant trustee appealed, contending that Bixby had no interest in the trust except to receive the net income and that his judgment creditor was in no better position than he...

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