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2 Thomp. & Cook 591

Smith v. Lee

New York Supreme Court

Decided February 15, 1874

New York Supreme Court · decided 1874-02-15

The complaint is in the nature of a bill in equity, and alleges substantially as follows: That on or about the 1st of September, 1864, one David P. Smith, since deceased, deposited with the defendant, Albert G-. Lee, the sum of $2,234.48, which he directed the said Lee to enter upon his book in the name of “ David P. Smith for Chas.

Decided 1874-02-15

Barnard, P. J.

¶1I think the court erred in sustaining thedemul-rer. The plaintiff avers facts sufficient to sustain his title to the note in question.

¶2David P. Smith, deceased, deposited the money for which the note was given with defendant in the name of “ David P. Smith for *593Charles F. Smith,” and took a note payable to deceased for plaintiff. This was a complete change of the title to the money. The deceased became a trustee for plaintiff, and, although the promise was made by Lee to pay the same to deceased, it was to him as trustee for the plaintiff.

¶3The judgment should be reversed, and the demurrer overruled, with leave to defendant to answer over on payment of costs.

¶4Judgment accordingly.

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