In re the Judicial Settlement of the Account of the Long Island Loan & Trust Co.

Ketcham, S.

In an annual accounting of a trustee the costs and expenses should be borne by the income unless they have been incurred in the administration, preservation or increase of the principal.

The cases of Chisholm v. Hammersley, 113 App. Div. 565; Robertson v. De Brulatour, 188 N. Y. 301, contain nothing to the contrary.

The first case arose under a deed of trust. There was, therefore, no need of an annual accounting and no danger that the principal might be seriously impaired by the costs of many successive accountings. The action was brought for *65the final adjustment of the trust both as…