Legal Opinion
In re the Estate of Kramer
New York Surrogate's Court
Decided November 14, 1939PublishedCited by 6 opinions
1Opinion of the Court
Foley, S.
The report of the referee is confirmed in its entirety and all the exceptions thereto are overruled.
The objeetants seek to surcharge the corporate cotrustee alone with the sum of approximately $360,600 and interest, for alleged negligence and even gross negligence in investing the funds of the trusts in participations of a certain mortgage and for failure to give notice to the life beneficiaries required by former section 188, subdivision 7, of the Banking Law. It was further contended that the real estate upon which the total mortgage of $2,800,000 was placed was not worth fifty per…
2Cases cited18 opinions
- In Re the Accounting of BuechnerNew York Court of Appeals · 1919
- Boyd v. BoydNew York Court of Appeals · 1930
- In Re the Accounting of Fulton Trust Co.New York Court of Appeals · 1931
- Pumpelly v. . PhelpsNew York Court of Appeals · 1869
- Matter of Union Trust Co. (Hoffman Estate)New York Court of Appeals · 1916
13 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Public Serv. Co. of Colo. v. Chase Manhattan BankDistrict Court, S.D. New York · 1983
- In re the Estate of BurdakNew York Surrogate's Court · 1940
- In re the Estate of JohnsonNew York Surrogate's Court · 1981
- In re the Estate of WildenburgNew York Surrogate's Court · 1941
- In re the Accounting of Central Hanover Bank & Trust Co.New York Supreme Court · 1952
1 more not listed; retrieve them via the Exa API.