Legal Opinion

In Re the Accounting of Brown

New York Court of Appeals

Decided January 12, 1926PublishedCited by 96 opinions

1Opinion of the CourtCardozo, J.

Vernon C. Brown & Company were stockbrokers for many years in the city of New York. Stephen H. Brown, one of the partners, died. The survivors, denying that there was any good will to be accounted for, continued the business at the old stand and in the old name. The executors acquiesced. • For so acquiescing they have been held to be at fault, and théir accounts have been surcharged accordingly. The question is whether the decree may be sustained.

The Browns, Vernon and Stephen, were brothers. They began business in 1895 with one Watson, under the name of Watson & Brown. In 1901 Watson…

2Cases cited15 opinions

  1. Von Bremen v. . MacMonniesNew York Court of Appeals · 1910
  2. Slater v. . SlaterNew York Court of Appeals · 1903
  3. Snyder Manufacturing Co. v. SnyderOhio Supreme Court · 1896
  4. People Ex Rel. A.J. Johnson Co. v. . RobertsNew York Court of Appeals · 1899
  5. Hutchinson v. NayMassachusetts Supreme Judicial Court · 1905

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3Cited by96 opinions

  1. Meinhard v. SalmonNew York Court of Appeals · 1928
  2. People v. CahanCalifornia Supreme Court · 1955
  3. Grace Bros. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1949
  4. Dugan v. DuganSupreme Court of New Jersey · 1983
  5. MacDonald v. CommissionerUnited States Tax Court · 1944

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