Legal Opinion

Parker v. Johnson

New Jersey Court of Chancery

Decided October 15, 1883PublishedCited by 5 opinions

On exceptions to master’s report.

1Opinion of the Court

The Chancellor.

The ninth exception is that the master has allowed the trustee $238.86 commissions on the rents collected, and has allowed him in addition five per cent, on the sums disbursed ; thus subjecting the rents to fifteen per cent, commissions for collection and disbursement. '

A trustee may employ necessary assistants in executing his trust, and pay them. He may employ agents, collectors, accountants and other persons properly employed in-similar affairs. Perry on Trusts § 912; Wilkinson v. Wilkinson, 2 Sim. & Stu. 237. No complaint is made in this case that the allowances to the…

2Cited by5 opinions

  1. Equitable Trust Co. v. SwobodaNew Jersey Court of Chancery · 1933
  2. Tuckerman v. CurrierSupreme Court of Colorado · 1912
  3. Greene v. SchmurakNew Jersey Superior Court Appellate Division · 1956
  4. Hudson County National Bank v. WoodruffNew Jersey Court of Chancery · 1937
  5. In Re LinnSupreme Court of New Jersey · 1938

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