Legal Opinion

In re the Intermediate Accounting of Farah

New York Surrogate's Court

Decided June 16, 1961PublishedCited by 2 opinions

1Opinion of the Court

John D. Bennett, S.

In this accounting proceeding a hearing has been held on various objections to the account. The primary objection urged by the objectant, the decedent’s widow, is number 11 and concerns the validity of a stockholders’ buy-and-sell agreement and an amendment thereto executed by the decedent and his two brothers, who are the executors, and three corporations, all of whose stock was owned by the decedent together with his brothers. The objection attacks the validity of the agreement on the ground that the decedent ‘1 was not possessed *574of the mental competence to enter into…

2Cases cited2 opinions

  1. Topken, Loring & Schwartz, Inc. v. SchwartzNew York Court of Appeals · 1928
  2. Greater New York Carpet House, Inc. v. HerschmannAppellate Division of the Supreme Court of the State of New York · 1940

3Cited by2 opinions

  1. Cutter Laboratories, Inc. v. TwiningCalifornia Court of Appeal · 1963
  2. In re the Estate of KlaumNew York Surrogate's Court · 1968

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