In re the Intermediate Accounting of Norton
New York Surrogate's Court
Proceeding upon the intermediate accounting of a trustee.
1Opinion of the Court
Heaton, S.
The only question not agreed upon by the parties to this proceeding is whether or not, under the circumstances of this case, the trustee should be now allowed the additional amount of commissions which he would have received, had he deducted from the income his full commissions annually,, to which he would have been entitled had he made annual accountings.
It appears that the trustee has paid over the income from time to time as the same has been received by him, and that he has taken commissions upon the amount of income, figured at-5 per cent, upon the first $1,000 received and 2£…
2Cases cited3 opinions
- In Re the Final Accounting of SelleckNew York Court of Appeals · 1888
- Hancox v. . MeekerNew York Court of Appeals · 1884
- Conger v. CongerAppellate Division of the Supreme Court of the State of New York · 1905