Legal Opinion

City Bank Farmers Trust Co. v. Ernst

New York Court of Appeals

Decided January 23, 1934PublishedCited by 14 opinions

1Opinion of the Court

Pound, Ch. J.

This action was brought by the plaintiff as trustee for a judicial settlement of its accounts and for a construction of the deed of trust. The deed of trust, dated May 4, 1918, made provision for the donor’s nieces, Anna Fosdick Ernst and Frances L’Hommedieu Jones. It recites that the donor has delivered to the trustee six hundred shares of stock of the General Electric Company in trust to divide the same into two funds of three hundred shares each, to pay the net income of each to the defendant Anna Fosdick Ernst and the defendant Frances L’Hommedieu Jones, respectively, and…

2Cases cited8 opinions

  1. Gibbons v. MahonSupreme Court of the United States · 1890
  2. Peabody v. EisnerSupreme Court of the United States · 1918
  3. Brainard v. N.Y.C.R.R. Co.New York Court of Appeals · 1926
  4. Equitable Trust Co. v. PrenticeNew York Court of Appeals · 1928
  5. In re Judicial Settlement of the Accounts of RogersAppellate Division of the Supreme Court of the State of New York · 1897

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3Cited by14 opinions

  1. Securities & Exchange Commission v. Harwyn Industries Corp.District Court, S.D. New York · 1971
  2. In re the Accounting of BankAppellate Division of the Supreme Court of the State of New York · 1952
  3. Stipe v. First National BankOregon Supreme Court · 1956
  4. In re City Bank Farmers Trust Co.New York Supreme Court · 1955
  5. In Re Trusts Under Will of WhitacreSupreme Court of Minnesota · 1940

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