102 So. 229 | Ala. | 1924
"In accordance with the rule that an enforceable trust in personal property may be created orally, it has been uniformly held that an oral promise by a beneficiary in a life insurance contract to pay the proceeds of such policy or a portion thereof to a third person is a valid and enforceable trust. Crews v. Crews,
We may add that our statutes do not forbid the creation of a trust as to personalty by parol. Reid v. Bank of Mobile,
The demurrers are to the bill as a whole, and the learned trial court declined to rule upon same, so far as applicable to certain parts of the bill, and which was in accord with the decisions of this court. McMahon v. McMahon,
The decree of the circuit court is affirmed.
Affirmed.
SAYRE, GARDNER, and MILLER, JJ., concur.