Legal Opinion

In re the Accounting of Bank of New York

New York Surrogate's Court

Decided May 26, 1947PublishedCited by 11 opinions

1Opinion of the Court

Delehanty, S.

In this accounting proceeding a construction of subdivision 10 of paragraph second of deceased’s will is necessary. That subdivision says: “ To the Bank of New York and Trust Company, located at No. 52 Wall Street, in the Borough of Manhattan, City of New York, the sum of Twenty-five thousand ($25,000.00) Dollars, in trust, nevertheless, to invest and reinvest the same, and to collect the rents, issues and profits thereof, and to pay over quarterly the net income derived therefrom to 1 Summerland ’, as long as it continues to be operated independently as the Summer home for…

2Cases cited5 opinions

  1. Claim of Raymond v. Estate of DavisNew York Court of Appeals · 1928
  2. Bradley v. RoeNew York Court of Appeals · 1940
  3. In re the Accounting of Bank of New YorkNew York Surrogate's Court · 1946
  4. In re the Accounting of Security Trust Co.New York Surrogate's Court · 1947
  5. In re the Accounting of Continental Bank & Trust Co.New York Surrogate's Court · 1946

3Cited by11 opinions

  1. Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
  2. Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
  3. DiMauro v. PaviaDistrict Court, D. Connecticut · 1979
  4. In re the Accounting of Lincoln Rochester Trust Co.New York Surrogate's Court · 1952
  5. In re the Estate of DurlandNew York Surrogate's Court · 1970

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