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BANK OF AMERICA NAT. TRUST AND SAVINGS ASSN. v. ARAKELIAN

Docket No. 9530.

171 Cal.App.2d 732 (1959)

341 P.2d 61

BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION (a National Banking Association), Plaintiff, v. RENEE K. ARAKELIAN et al., Defendants and Respondents; CALIFORNIA HOME FOR THE AGED, INC. (a Corporation), Defendant and Appellant.

Court of Appeals of California, Third District.

July 6, 1959.

Attorney(s) appearing for the Case

Mason A. Bailey for Defendant and Appellant.

Ardy V. Barton for Defendants and Respondents.

VAN DYKE, P.J.

This is an appeal from a judgment declaring conditions and restrictions applicable to a charitable trust. During the year 1950, K. Arakelian and Renee, his wife, donated the sum of $64,000 to California Home for the Aged, Inc., a corporation. The money was deposited in the Bank of America National Trust and Savings Association, plaintiff herein, and thereafter questions arose as to the proper use of the funds and as to who had control thereof. In view...

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