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DOYLE v. BANK OF MONTCLAIR

9 N.J. Super. 586 (1950)

76 A.2d 41

HENRY MAXWELL DOYLE, PLAINTIFF, v. BANK OF MONTCLAIR, A CORPORATION OF NEW JERSEY, ET AL., DEFENDANTS.

Superior Court of New Jersey, Chancery Division.

Decided October 18, 1950.

Attorney(s) appearing for the Case

Messrs. Gilhooly & Yauch (Mr. Edward J. Gilhooly appearing), attorneys for plaintiff.

Mr. Philip Goodel, attorney for the defendants, Bank of Montclair and Paul D. Adams and the other former directors of the Bank of Montclair in dissolution as liquidating trustees.

Mr. John F. Connolly, attorney for the defendant, Lillian Doyle and Lillian Doyle, guardian ad litem for Donna Maxwell Doyle and Michael Maxwell Doyle.

STEIN, J.S.C.

Plaintiff, the donor or settlor of an inter vivos trust, by this action seeks to revoke the trust.

On May 29, 1936, plaintiff, Henry Maxwell Doyle, executed the trust agreement under consideration and thereby transferred to the Bank of Montclair as trustee securities of the value of approximately $25,000 upon the following trusts:

"1. To hold and manage the said investments and funds and to keep them invested and to reinvest the...

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