Legal Opinion

In re New York Trust Co.

New York Supreme Court

Decided June 23, 1958PublishedCited by 6 opinions

1Opinion of the CourtWilliam C. Hecht, J.

This petition seeks the construction of three provisions of a trust indenture. It is brought by the executor of the deceased settlor remainderman.

The indenture was executed on January 25,1927. It was part of a divorce settlement between the settlor and his wife. The latter, though not judicially declared incompetent, is incapable of managing her own affairs, and is represented in this proceeding by a special guardian.

The original trust property consisted of $10,800 in cash and $546,000 par value of what were then apparently considered the highest grade of government, railroad and industrial…

2Cases cited3 opinions

  1. Schoellkopf v. Marine Trust Co.New York Court of Appeals · 1935
  2. In re the Accounting of Bankers Trust Co.New York Surrogate's Court · 1953
  3. In re the Accounting of Bankers Trust Co.New York Surrogate's Court · 1951

3Cited by6 opinions

  1. Findley v. Blinken (In Re Joint Eastern & Southern District Asbestos Litigation)District Court, S.D. New York · 1991
  2. In re SiegelNew York Surrogate's Court · 1997
  3. In re the Trustees of the Estate & Property of the Diocesan ConventionNew York Surrogate's Court · 1984
  4. In re New York Trust Co.New York Supreme Court · 1958
  5. In re New York Trust Co.New York Supreme Court · 1958

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