Legal Opinion
In re the Estate of Baker
New York Surrogate's Court
Decided April 30, 1940PublishedCited by 6 opinions
1Opinion of the Court
Foley, S.
An important and interesting question involving a very large sum of money is presented for determination in this accounting proceeding. By his will and his codicils, Mr. Baker specifically bequeathed to those whom he described as his “ Charity Trustees,” 7,500 shares of the stock of the First National Bank of the City of New York valued at death at $12,000,000.
After the execution of his will and before the making of his two codicils he pledged these shares with a bank as collateral for the payment of a loan in the sum of $7,500,000. The loan was unpaid at the time of his death. His…
2Cases cited18 opinions
- In Re the Accounting of BuechnerNew York Court of Appeals · 1919
- In Re the Probate of the Will of SmithNew York Court of Appeals · 1930
- In Re the Estate of GreenbergNew York Court of Appeals · 1933
- Duke of Cumberland v. CodringtonNew York Court of Chancery · 1817
- In Re Proving the Will of FraschNew York Court of Appeals · 1927
13 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Murray v. United StatesUnited States Court of Claims · 1982
- In re the Estate of BurrNew York Surrogate's Court · 1941
- In re the Estate of ChodikoffNew York Surrogate's Court · 1966
- In Re the Estate of KuraltMontana Supreme Court · 2003
- In re the Construction of the Will of BehnNew York Surrogate's Court · 1951
1 more not listed; retrieve them via the Exa API.