Legal Opinion

In re the Accounting of Central Trust Co. of Rochester

Appellate Division of the Supreme Court of the State of New York

Decided June 19, 1957Published

1Opinion of the CourtBastow, J.

This appeal is from a decree construing certain portions of decedent’s will and making allowances to all counsel appearing in the proeeeeding. To place the contentions of the respective parties in proper focus it is necessary to refer briefly to the will and certain prior proceedings.

The testator by paragraph Sixth of his will granted to one Bertch an option to purchase all of the stock owned by decedent in Webaco Oil Company, Inc. (hereinafter referred to as “Webaco”) upon certain terms and conditions. It was provided that the right to purchase should be “ at a fair and reasonable price to…

2Cases cited3 opinions

  1. Sloan v. . BairdNew York Court of Appeals · 1900
  2. In re the Judicial Settlement of the Final Account of Proceedings of WiggAppellate Division of the Supreme Court of the State of New York · 1937
  3. Beardsley v. Nieblo Mfg. Co.Appellate Division of the Supreme Court of the State of New York · 1930

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