Legal Opinion
In re the Accounting of Firth
New York Surrogate's Court
Decided November 27, 1953PublishedCited by 3 opinions
1Opinion of the Court
Collins, S.
The administratrix with the will annexed is accounting and part of the relief requested is a construction of the sixth article of the will which confers certain powers upon the executors and trustees with respect to the making and handling of investments.
The fifth article of the will creates a trust of the residuary-estate. The article following authorizes the executors and trustees to retain investments made by testator and to invest ‘ ‘ in such securities and property, real and personal, as to them may seem best and whether or not the same be authorized by law for the investment…
2Cases cited14 opinions
- Ormiston v. . OlcottNew York Court of Appeals · 1881
- In Re the Estate of PessanoNew York Court of Appeals · 1946
- In re the Estate of PessanoAppellate Division of the Supreme Court of the State of New York · 1945
- Smith v. . FloydNew York Court of Appeals · 1908
- In re the Estate of TabbaghNew York Surrogate's Court · 1938
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3Cited by3 opinions
- Robbins v. National Bank of Ga.Supreme Court of Georgia · 1978
- In re the Estate of TurrentineNew York Surrogate's Court · 1975
- In re the Accounting of Bankers Trust Co.Appellate Division of the Supreme Court of the State of New York · 1968