In re Doelger
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtDore, J.
In this voluntary accounting by testamentary trustees, the surrogate, sustaining objections of the special guardian, has surcharged the trustees for certain investments in securities not authorized by law for investment of trust funds. The challenged investments were made not by the trustees as such but by them as directors of a corporation, to which the entire residuary estate had been transferred pursuant to directions in the testator’s will. The investments were made in common stocks and parcels of realty and were all within the stated powers of the corporation and the authority of the…
2Cases cited12 opinions
- King v. . BarnesNew York Court of Appeals · 1888
- Accounting of Parascandola v. National Surety Co.New York Court of Appeals · 1928
- Clark v. KirbyNew York Court of Appeals · 1926
- Farmers' Loan & Trust Co. v. PiersonNew York Supreme Court · 1927
- In Re the Accounting of HearnsNew York Court of Appeals · 1915
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3Cited by33 opinions
- In re the Accounting of HubbellNew York Court of Appeals · 1951
- In Re Butterfield EstateMichigan Supreme Court · 1983
- In Re the Accounting of MatesNew York Court of Appeals · 1948
- In re National Commercial Bank & Trust Co.Appellate Division of the Supreme Court of the State of New York · 1940
- Cashman v. PetrieNew York Court of Appeals · 1964
28 more not listed; retrieve them via the Exa API.