Legal Opinion

In re the Accounting of Bankers Trust Co.

New York Surrogate's Court

Decided April 11, 1951PublishedCited by 5 opinions

1Opinion of the Court

Feankenthaler, S.

The provision of deceased’s will limiting the trustee to a particular type of investment is held to be inapplicable under current economic conditions (Matter of Wallach, N. Y. L. J., Dec. 8, 1933, p. 2155, col. 4; Matter of Rheinhold, N. Y. L. J., Dec. 14, 1933, p. 2256, col. 2; Matter of Garretson, N. Y. L. J., Jan. 6, 1937, p. 70, col. 4; Matter of Aaron, N. Y. L. J., Jan. 9, 1942, p. 120, col. 1; Matter of Scott, N. Y. L. J., April 8, 1942, p. 1474, col. 6; Matter of Jacob, N. Y. L. J., Nov. 23, 1943, p. 1447, col. 5; Matter of Oechler, N. Y. L. J., Jan. 17, 1945, p. 223,…

2Cited by5 opinions

  1. In re the Accounting of Bankers Trust Co.New York Surrogate's Court · 1953
  2. In re New York Trust Co.New York Supreme Court · 1958
  3. In re SiegelNew York Surrogate's Court · 1997
  4. In re the Trustees of the Estate & Property of the Diocesan ConventionNew York Surrogate's Court · 1984
  5. In re the Estate of SimonsNew York Surrogate's Court · 1958

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