Legal Opinion

Estate of Porter

New York Surrogate's Court

Decided October 15, 1893PublishedCited by 5 opinions

Hearihg of exceptions to a referee’s report on an accounting by an administrator. The facts appear sufficiently in the opinion.

1Opinion of the Court

Ransom, S.

Amongst the assets which came into the possession of the administrators herein were shares of stock in various corporations of a speculative character. Instead of disposing of these, they took the risk of retaining them. One block of fifty shares in an ice company, which was appraised at $5,000, brought into the estate nearly $11,000 of dividends, and was afterwards sold for $8,300. Another lot, appraised at $1,000, earned in dividends nearly. $80,000, and the stock is still retained by the estate. Some other of the stock paid dividends for a time and then ceased; others never…

2Cited by5 opinions

  1. State v. Morgan Stanley & Co., Inc.West Virginia Supreme Court · 1995
  2. Wirtz v. GordonMississippi Supreme Court · 1938
  3. Bonine v. GageMichigan Supreme Court · 1911
  4. In re the Judicial Settlement of the Accounts of Ball & BallAppellate Division of the Supreme Court of the State of New York · 1900
  5. Whiffin v. De Tweede Northwestern & Pacific HypotheekbankIdaho Supreme Court · 1932

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