Legal Opinion

In re the Accounting of Guaranty Trust Co.

New York Surrogate's Court

Decided July 21, 1955PublishedCited by 5 opinions

1Opinion of the Court

Frankenthaler, S.

In her will, the testatrix, a daughter of Isaac Singer, one of the founders of the Singer Manufacturing Company, directed her executor and trustee to retain unsold all her holdings of stock of that company. Proper allocation of a cash dividend declared on such stock is before the court in this trustee’s accounting.

As the testatrix was domiciled in Rhode Island it is the law of that State which controls the construction of her will. (Matter of Duke, 181 Misc. 529; Decedent Estate Law, § 47; Restatement, Conflict of Laws, § 308; 1 Davids on New York Law of Wills, § 452 et seq.)…

2Cases cited6 opinions

  1. In Re the Accounting of OsborneNew York Court of Appeals · 1913
  2. Bourne v. BourneNew York Court of Appeals · 1925
  3. In re the Accounting of Bank of New York & Fifth Avenue BankNew York Court of Appeals · 1953
  4. In re the Will of DukeNew York Surrogate's Court · 1943
  5. In re the Judicial Settlement of the Accounts of Proceedings of PostleyAppellate Division of the Supreme Court of the State of New York · 1937

1 more not listed; retrieve them via the Exa API.

3Cited by5 opinions

  1. In re the Estate of GernonNew York Surrogate's Court · 1962
  2. In re Estate of HarrisNew York Surrogate's Court · 1965
  3. In re the Intermediate Accounting of Bankers Trust Co.New York Supreme Court · 1962
  4. In re the Estate of GraceNew York Surrogate's Court · 1966
  5. In re the Estate of SchullingerNew York Surrogate's Court · 1958

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