Legal Opinion
In re the Estate of Clark
New York Surrogate's Court
Decided January 19, 1938PublishedCited by 9 opinions
1Opinion of the Court
Wingate, S.
The issues in this contested accounting by a trustee are obvious by-products of the collapse in real estate values attendant upon the depression. They concern the propriety of the act of a corporate fiduciary in investing the funds of the trust for an infant in a participation interest in a first mortgage on certain improved property in New Haven, Conn.
The will, which was probated in 1926, appointed The Union and New Haven Trust Company of New Haven, Conn., executor and trustee, and gave it the sum of $7,300 with directions “ to hold, manage, invest and reinvest the same as to it…
2Cases cited12 opinions
- King v. . TalbotNew York Court of Appeals · 1869
- Adair v. . BrimmerNew York Court of Appeals · 1878
- Ormiston v. . OlcottNew York Court of Appeals · 1881
- In re the Accounting of McDowellNew York Surrogate's Court · 1918
- In re the Application for the Revocation of Letters Testamentary of George M. BurrAppellate Division of the Supreme Court of the State of New York · 1907
7 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Estate of Stewart v. CommissionerUnited States Tax Court · 1969
- Adams v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1940
- In re the Estate of PessanoAppellate Division of the Supreme Court of the State of New York · 1945
- In re the Construction of the Will of JeffressNew York Surrogate's Court · 1950
- In re the Estate of KramerNew York Surrogate's Court · 1939
4 more not listed; retrieve them via the Exa API.