In re the Estate of Bullen
New York Surrogate's Court
1Opinion of the Court
John D. Bennett, S.
In this proceeding for advice and direction as to the sale of the stock of a close corporation held by the trustee, and the construction of certain portions of the will, the court approves the contract of sale annexed to the papers and directs the sale in accordance with its terms.
While the will grants to the executor and trustee unlimited discretionary authority with regard to investments, at the hearing held and in the special guardian’s report it was indicated that the corporate business is such as would not warrant investment therein by the ordinary reasonable prudent…
2Cited by1 opinion
- In re the Estate of JannellaNew York Surrogate's Court · 1962