Legal Opinion

In re the Judicial Settlement of the Account of Proceedings of Bankers Trust Co.

New York Surrogate's Court

Decided May 15, 1922PublishedCited by 6 opinions

Proceeding for settlement of accounts and construction of a will.

1Opinion of the Court

Slater, S.

The executors have asked for a construction of the 2d paragraph of article 12 of the will, which paragraph reads as follows:

“ To divide the same into as many separate equal shares or portions as I may leave daughters surviving me; to collect the income, interest and profits of each of said shares or portions; to keep the principal thereof invested so as to bring in the largest income compatible with reasonable safety of the principal and to pay over the net income thereof semi-annually as follows: ”

Two questions are raised concerning the duty of the executor and trustee: Is the…

2Cases cited13 opinions

  1. King v. . TalbotNew York Court of Appeals · 1869
  2. In Re the Judicial Settlement of the Accounts of HallNew York Court of Appeals · 1900
  3. Villard v. . VillardNew York Court of Appeals · 1916
  4. In re the Estate of HirschAppellate Division of the Supreme Court of the State of New York · 1906
  5. In re the Accounting of McDowellNew York Surrogate's Court · 1918

8 more not listed; retrieve them via the Exa API.

3Cited by6 opinions

  1. In re the Estate of WinburnNew York Surrogate's Court · 1931
  2. In re the Construction of the Will of BruckheimerNew York Surrogate's Court · 1942
  3. In re the Construction of the Last Will & Testament of MersereauNew York Surrogate's Court · 1929
  4. In re the Estate of HessNew York Surrogate's Court · 1939
  5. In re the Construction of the Trust for the Benefit of della RoochettaNew York Supreme Court · 1961

1 more not listed; retrieve them via the Exa API.

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