In re the Accounting of Schwarzkopf

Samuel Fails, S.

Objections have been interposed to this executor’s account relating to the failure of the executor to prosecute a claim in favor of the estate against himself, individually, and another, under a stockholders’ agreement, and to the amounts paid for attorney’s fees which are claimed to be excessive.

Decedent died a resident of Westchester County on August 15, 1954, and his will dated June 16, 1952, was duly admitted to probate and letters testamentary thereon were issued to petitioner on January 12, 1955.

On June 3, 1952, and until the time of his death, decedent owned 20% of the…