Legal Opinion

In re the Estate of Hollister

New York Surrogate's Court

Decided July 13, 1937Published

1Opinion of the Court

Feely, S.

Upon the judicial settlement of the estate of this testatrix it appeared that a company was indebted to her on a book account, and that this company has a deficiency judgment against *182her executor as such. The possibility or the method of offsetting these claims is now in question. The company’s charter having expired, its assets are liquidating in the hands of a receiver appointed March 4, 1933, in a Supreme Court action, and will probably yield payment in full of claim against the company. The estate of the testatrix is insolvent, and will pay only a few cents on the dollar in any…

2Cases cited4 opinions

  1. Fera v. . WickhamNew York Court of Appeals · 1892
  2. Bondy v. Aronson & List Realties, Inc.Appellate Division of the Supreme Court of the State of New York · 1929
  3. Butterly v. Maribert Realty CorporationNew York Court of Appeals · 1932
  4. White v. AugelloNew York Supreme Court · 1931

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