Clark v. . Hoyt
Supreme Court of North Carolina
This cause came on to be heard upon exceptions to the Master’s report on the accounts of the Trustee. It is unnecessary to state any of the exceptions, as they embrace merely matters of fact; except the third, upon which the Court delivered its opinion.
1Opinion of the CourtRuffiN, C. J.
The third exception of the plaintiff to that account, and both of the exceptions of the defendant, Hoyt, thereto, relate to the same matter, and maybe considered together. The deeds of trust mentioned in the pleadings stipulate, that the Trustee shall have a commission of five per cent, on both sides of his account, and also his reasonable expenses in the execution of the trusts. The Master all ows five per cent, on the receipts, and seven and a half per cent, on the sum of 17,186 40, as disbursements; and makes no allowance for expenses. He reports that the Trustee'pt'oduced and claimed a…
2Cited by3 opinions
- Ivie v. . BlumSupreme Court of North Carolina · 1912
- Banking Co. v. . LeachSupreme Court of North Carolina · 1915
- Raleigh Savings Bank & Trust Co. v. LeachSupreme Court of North Carolina · 1915