Legal Opinion

In re the Final Accounting of United States Trust Co.

New York Supreme Court

Decided September 26, 1958PublishedCited by 1 opinion

1Opinion of the Court

Edgar J. Nathan, Jr., J.

This is a proceeding for the settlement of the account of a trustee. The trust having terminated,

*426the court is called upon to construe the trust instrument and to determine who is entitled to the distribution of the remaining principal.

By this agreement, dated December 12, 1919, the settlor, Josephine Brooks, established a trust for her son, Reginald Brooks, for his life. Upon his death the principal was to be divided into two equal parts, each to continue in further trust for the lives of each of Reginald’s two sons, David Brooks and Reginald Langhorne Brooks. The…

2Cases cited4 opinions

  1. In re the Accounting of KroossNew York Court of Appeals · 1951
  2. In Re the Accounting of the Farmers' Loan & Trust Co.New York Court of Appeals · 1923
  3. In re the Accounting of Chase Manhattan BankNew York Supreme Court · 1958
  4. In re the Judicial Settlement of the Account of Proceedings of SutherlandAppellate Division of the Supreme Court of the State of New York · 1940

3Cited by1 opinion

  1. In re the Final Accounting of United States Trust Co.Appellate Division of the Supreme Court of the State of New York · 1959

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