In re the Estate of Butts
New York Surrogate's Court
Petition by a surety company to be released from its bond.
1Opinion of the Court
Strong, S.
The surety company on the bond of the administrator has asked to be released from the bond *349as its petition recites "because the administrator has not turned over the assets of the estate to the surety-company as he had agreed to do at the time of obtaining the bond.
That the right to be relieved from a bond is not absolute and that a petition for such relief must be based upon some grounds found reasonable by the presiding judge to whom the application is made has been held by our highest court. It has also been held that the provisions of sections 812, 2579 and 2580 of the Code…
2Cases cited1 opinion
- In Re the Estate of ThurberNew York Court of Appeals · 1900
3Cited by2 opinions
- In re the Estate of CalcagniniNew York Surrogate's Court · 1942
- In re the Estate of SchachneNew York Surrogate's Court · 1939