Legal Opinion

United States Trust Co. v. Colgate

Appellate Division of the Supreme Court of the State of New York

Decided October 3, 1919PublishedCited by 12 opinions

Cross-appeals by the United States Trust Company of New York, as trustee, and by Jessie C. Colgate and others, from parts of a decree of the Surrogate’s Court of the county of Westchester, entered in the office of said Surrogate’s Court on the 31st day of December, 1918, settling the accounts herein and surcharging the same.

1Opinion of the Court

Mills, J.:

These are cross-appeals respectively by the trustee of a trust created by a codicil to the will of the late James B, *77Colgate, and by the remaindermen beneficiaries under that trust, from a decree of the Surrogate’s Court of Westchester county, filed December 31, 1918; the trustee appealing from that part of the debree which surcharged it with the sum of $7,253.50 as a balance of loss upon its investment of funds in 200 shares of the common stock of the Chicago, Milwaukee and St. Paul Railroad Company, and the beneficiaries appealing from so much of that decree as allowed to the…

2Cited by12 opinions

  1. In re the Accounting of HubbellNew York Court of Appeals · 1951
  2. Harrison v. First Wisconsin Trust Co.Wisconsin Supreme Court · 1926
  3. Stark v. United States Trust Co. of NYDistrict Court, S.D. New York · 1978
  4. In re the Estate of WinburnNew York Surrogate's Court · 1931
  5. In re the Judicial Settlement of the Account of JarvisNew York Surrogate's Court · 1920

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