Majority
The intention of the parties is clear that the defendant should accept the fund and invest it in interest-bearing securities and apply the income for the perpetual care of a burial plot. No purpose is served by attempted classification of the relationship created by the agreement of the parties. An agreement or a trust for such purpose is valid and enforcible under our statutes. (Personal Property Law, § 13-a; Membership Corporation Law, § 76; Surrogate’s Court Act, § 314.)
The judgment should be affirmed, with costs.
Lehman, Ch. J., Loughran, Rippey, Conway, Desmond and Thacher, JJ., concur; Lewis, J., taking no part.
Judgment affirmed.
Cases cited
- Kahlmeyer v. Green-Wood Cemetery 287 N. Y. 787 p. 79
- McKenzie v. Harrison 120 N. Y. 260 p. 79
- Gray v. Barton 55 N. Y. 68 p. 79
- Terwilliger v. Ontario, Carbondale & Scranton Railroad 149 N. Y. 86 p. 79
- Kerr Steamship Co. v. Kerr Navigation Corp. 113 Misc. 56 p. 79
- Taylor v. Burns 203 U. S. 120 p. 79
- Hunt v. Rousmanier's Administrators 8 Wheat. 174 p. 79
- Read v. Williams 125 N. Y. 560 p. 79
- In re Waldron 57 Misc. 275 p. 79
- In re the Estate of Mendel 140 Misc. 719 p. 79
- In re the Estate of Adler 165 Misc. 806 p. 79
- In re the Estate of Voelker 158 Misc. 97 p. 79
- In re the Estate of Cohen 270 N. Y. 383 p. 79
- Allegheny College v. National Chautauqua County Bank of Jamestown 246 N. Y. 369 p. 79
- Cram v. Walker 173 App. Div. 804 p. 79
- O'Hagan v. Kracke 165 Misc. 4 p. 79
- Phelps v. Thompson 119 Misc. 875 p. 79
- Symmers v. Carroll 207 N. Y. 632 p. 80
- Moore v. Hegeman 72 N. Y. 376 p. 80
- Mee v. Gordon 187 N. Y. 400 p. 80
- Tobias v. Ketchum 32 N. Y. 319 p. 80
- In re Reimers 134 Misc. 753 p. 80
- In re the Judicial Settlement of the Account of Proceedings of Arnolt 127 Misc. 579 p. 80
- Associate Alumni of General Theological Seminary of Protestant Episcopal Church v. General Theological Seminary of Protestant Episcopal Church 163 N. Y. 417 p. 80