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WELLS FARGO BANK AMERICAN TRUST CO. v. GREUNER

Docket No. 21495.

226 Cal.App.2d 454 (1964)

38 Cal. Rptr. 132

WELLS FARGO BANK AMERICAN TRUST COMPANY, Plaintiff and Respondent, v. WILLIAM M. GREUNER, Defendant and Appellant; ROBERT W. GREUNER et al., Defendants and Respondents.

Court of Appeals of California, First District, Division Two.

April 20, 1964.

Attorney(s) appearing for the Case

Gilmore & Lewis and Richard C. Lewis for Defendant and Appellant.

Heller, Ehrman, White & McAuliffe and Lawrence C. Baker for Plaintiff and Respondent.

Paul S. Jordan and James L. Meegan for Defendants and Respondents.

AGEE, J.

Defendant William M. Greuner, Jr., appeals from that portion of the judgment which holds that the trust involved herein was revocable only during the lifetime of his father, William M. Greuner, Sr.

The latter owned seven insurance policies issued upon his life. On May 24, 1932, he assigned these policies to appellant under an oral agreement with him that he in turn would assign them to Wells Fargo Bank in trust for the benefit of Greuner, Sr.'s family...

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