Legal Opinion
In re the Accounting of Lincoln Rochester Trust Co.
New York Surrogate's Court
Decided October 13, 1945PublishedCited by 4 opinions
1Opinion of the Court
Feely, S.
Testator willed the “ net income ” of the residuary estate through the form of a trust to his widow for her life; and upon her death said income was to be divided among their *174three children named for a period of time measured by two other lives, with remainder over to the respective children or their descendants. Some of these residuary interests are contingent, and others concern minors.
Testator died owning the majority of the common capital stock of a local industrial corporation, described for convenience in this proceeding as the “ Defender ” corporation. This block of stock was…
2Cases cited17 opinions
- Gibbons v. MahonSupreme Court of the United States · 1890
- United States Trust Co. v. . HeyeNew York Court of Appeals · 1918
- In re the Judicial Settlement of the Account of SchaeferAppellate Division of the Supreme Court of the State of New York · 1917
- Rand v. HubbellMassachusetts Supreme Judicial Court · 1874
- In Re the Accounting of SchaeferNew York Court of Appeals · 1917
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3Cited by4 opinions
- In re the Accounting of Security Trust Co.New York Surrogate's Court · 1950
- Winter v. BernsteinNew York Supreme Court · 1991
- In re the Accounting of Lincoln Rochester Trust Co.New York Surrogate's Court · 1945
- In re the Intermediate Accounting of MortimerNew York Surrogate's Court · 1958