Legal Opinion
In re City Bank Farmers Trust Co.
New York Supreme Court
Decided September 18, 1957PublishedCited by 3 opinions
1Opinion of the Court
William 0. Hecht, Jr., J.
This is an application by the City Bank Farmers Trust Company, as trustee of an inter vivos trust, requesting a construction of the provisions of article “Fifth” of the trust agreement, to the effect that the powers given to the trustee in said article are permissive in nature and not mandatory. It also requests the court to find that the trustees are possessed of the statutory investment powers vested in trustees by the laws of the State of New Jersey as the same may provide from time to time, or, in the alternative, if the provisions of said article “ Fifth ” are…
2Cases cited5 opinions
- In Re the Accounting of Syracuse Trust Co.New York Court of Appeals · 1947
- Farmers' Loan & Trust Co. v. FerrisAppellate Division of the Supreme Court of the State of New York · 1901
- In re the Accounting of Bankers Trust Co.New York Surrogate's Court · 1953
- In re the Accounting of Syracuse Trust Co.Appellate Division of the Supreme Court of the State of New York · 1946
- In re the Accounting of City Bank Farmers Trust Co.New York Supreme Court · 1949
3Cited by3 opinions
- In re the Second Intermediate Accounting of Hanover BankNew York Supreme Court · 1960
- In re MixsellNew York Supreme Court · 1959
- Steiger v. Steiger CA4/1California Court of Appeal · 2016