Matter of Saltus
New York Court of Appeals
Theodore Saltus, Anna Saltus and Lansing Pruyn, executors of Francis Saltus, deceased, cited the parties in interest to appear in the surrogate’s court, in the city of New York, upon an accounting, and for a final settlement of their account. Theodore Saltus rendered the account, and various objections were taken to it, which appear fully in the opinion.
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Theodore Saltus, Anna Saltus and Lansing Pruyn, executors of Francis Saltus, deceased, cited the parties in interest to appear in the surrogate’s court, in the city of New York, upon an accounting, and for a final settlement of their account. Theodore Saltus rendered the account, and various objections were taken to it, which appear fully in the opinion. The surrogate decreed that a sale of certain leasehold property, made by the executors to a debtor of the testator, was made at an inadequate price, and he charged the executors with five thousand dollars additional to the price with which…
1Opinion of the Court
By the Court.
Grover, J.
Upon the accounting before the surrogate, several items of credit, claimed by the appellants, against the estate, were disallowed. An additional credit of five thousand dollars was given to the estate, on account of the sale, by the appellants, of the store and premises, 83 Mur*246ray-street, to Caroline Saltus, a daughter of the testator, for the price of twenty thousand dollars. No question was made before the surrogate, nor is any made here, but that the appellants had full power to sell and convey this property. The interest of the testator therein was that of lessee,…
2Cited by3 opinions
- In re the Assignment of LewisNew York Court of Common Pleas · 1880
- In re the Estate of MertensNew York Surrogate's Court · 1902
- Becker v. LawtonNew York Surrogate's Court · 1886