Legal Opinion
In re the Accounting of Hanover Bank
New York Surrogate's Court
Decided May 5, 1954PublishedCited by 2 opinions
1Opinion of the Court
Collins, S.
In the seventh -article of his will testator bequeathed to his trustees an amount necessary to provide his sister-in-law the monthly sum of $175 for her life from the income and the principal of the fund. In the eighth, ninth and tenth articles of his will testator, by like language, provided annuities for other persons. He also provided in each of said articles that upon the death of.an annuitant any amount then remaining in *871the fund established for that annuitant be paid to designated charities. It has been held heretofore that the trustees had power under the will to purchase…
2Cases cited5 opinions
- Rhine v. New York Life InsuranceNew York Court of Appeals · 1936
- Florence v. Metropolitan Life InsuranceCity of New York Municipal Court · 1939
- Menin v. New York Life InsuranceNew York Supreme Court · 1941
- Scholem v. Prudential Insurance Co. of AmericaNew York Supreme Court · 1939
- Wells v. Metropolitan Life InsuranceAppellate Division of the Supreme Court of the State of New York · 1940
3Cited by2 opinions
- Kern v. John Hancock Mutual Life InsuranceAppellate Division of the Supreme Court of the State of New York · 1959
- In re the Estate of JuddNew York Surrogate's Court · 1975