In re the Accounting of National Commercial Bank & Trust Co.
New York Surrogate's Court
1Opinion of the Court
Harold E. Koreman, S.
The trustee has filed intermediate accounts in four separate trusts created under the will of testator and has requested the following:
1. A construction of the decedent’s will to determine whether or not the trustee has the power under said will to exercise rights to subscribe for and make new investments in stock of corporations in which the trustee continues to hold stock owned by the decedent under the authority of paragraph twelfth of his will.
2. A determination whether or not the stock now held by the trustee in the Heartland Holding Corp. belongs to the principal of…
2Cases cited5 opinions
- In Re the Accounting of OsborneNew York Court of Appeals · 1913
- Stokes' EstateSupreme Court of Pennsylvania · 1913
- In Re the Accounting of SanfordNew York Court of Appeals · 1947
- In re the Estate of VanderbiltNew York Surrogate's Court · 1928
- In re the Accounting of BrownNew York Surrogate's Court · 1951