Legal Opinion

In re the Accounting of Security Trust Co.

New York Surrogate's Court

Decided April 30, 1947PublishedCited by 8 opinions

1Opinion of the Court

Witmer, S.

Under the authority contained in section 100-c of the Banking Law of the State of New York, on June 21, 1945, petitioner established its “ Discretionary Security Trust Fund ‘ A ’ ”, herein referred to as the “ trust fund ”, and proceeded to place therein funds aggregating nearly one and a half millions of dollars from various trusts (between eighty and ninety in all, over half of which are inter vivas, the rest testamentary), of which it was trustee. In September, 1946, at the end of the initial fifteen months’ period specified in said statute, petitioner filed its accounts herein…

2Cases cited72 opinions

  1. Milliken v. MeyerSupreme Court of the United States · 1941
  2. Hess v. PawloskiSupreme Court of the United States · 1927
  3. Grannis v. OrdeanSupreme Court of the United States · 1914
  4. Windsor v. McVeighSupreme Court of the United States · 1876
  5. Wuchter v. PizzuttiSupreme Court of the United States · 1928

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3Cited by8 opinions

  1. In re the Accounting of Bank of New YorkNew York Surrogate's Court · 1947
  2. Oneida National Bank & Trust Co. v. Manikas, New York County Courts1958
  3. Griest v. HooeyNew York Supreme Court · 1954
  4. In re the Accounting of Security Trust Co.New York Surrogate's Court · 1952
  5. In re the Accounting of Continental Bank & Trust Co.New York Surrogate's Court · 1946

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