A father put a cheque into the hands of his baby son of nine months saying ‘I give this to baby for himself’ and he then took back the cheque and put it away. The donor died and the cheque was found among his effects.
Held: There had been no valid gift. There was no declaration of trust and no gift.
Judges:
Lord Cranworth LJ
Citations:
(1865) LR 1 Ch App Cas 25
Jurisdiction:
England and Wales
Cited by:
Cited – Pennington and Another v Waine, Crampton and others CA 4-Mar-2002
The deceased had made a gift of shares. She had executed a transfer, and acting upon the promise, the donee had agreed to become a director which he could only do if he also became a shareholder. The transfer was delivered to the deceased’s agent, . .
Lists of cited by and citing cases may be incomplete.
Company, Equity
Updated: 23 November 2022; Ref: scu.183414