Legal Opinion

In re the Judicial Settlement of the Account of the Brooklyn Trust Co.

New York Surrogate's Court

Decided February 15, 1901Published

Proceedings upon tbe judicial settlement of tbe account of an executor.

1Opinion of the Court

Abbott, S.—

On January 4, 1897, Hannab Toner entered into an agreement witb tbe Brooklyn Trust Co., whereby sbe agreed to deposit witb Tbe Brooklyn Trust Co. tbe sum of $6,000, to be bold in trust by tbe party of tbe second part (Tbe Brooklyn Trust Co.) for tbe sole use and benefit of Mrs. Toner. Tbe said Trust agreed to invest tbe said sum in securities specified, and pay to Mrs. Toner on tbe first days of May and November in each year tbe net income from said investments. If Mrs. Toner should die during tbe continuance of tbe trust, tbe trust estate and all accumulations “ shall be disposed…

2Cases cited4 opinions

  1. Henderson v. . HendersonNew York Court of Appeals · 1889
  2. New York Life Insurance & Trust Co. v. LivingstonNew York Court of Appeals · 1892
  3. Maitland v. BaldwinNew York Supreme Court · 1893
  4. In re Appraisal of the Property of OgsburyAppellate Division of the Supreme Court of the State of New York · 1896

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API