Legal Opinion

In re the Estate of Eagle

New York Surrogate's Court

Decided August 11, 1938PublishedCited by 1 opinion

1Opinion of the Court

Foley, S.

In this accounting proceeding the executors seek instructions as to the disposition of the payments' received on mortgage certificates which they hold. This estate owns group mortgage certificates having a face value of $235,000 in sixteen different series. A trustee for the benefit of certificate holders was appointed by the Supreme Court. The trustee has made certain payments on account to the executors as certificate holders.

Many of the underlying mortgages have been redeemed or exchanged for bonds of the Home Owners’ Loan Corporation. In two of the series in which the executors…

2Cases cited9 opinions

Matter of People (Tit. Mtge. Guar. Co.)New York Court of Appeals · 1934
In Re the Accounting of Title Guarantee & Trust Co.New York Court of Appeals · 1909
In Re the Accounting of Bankers Trust Company, as Trustee Under the Will of OtisNew York Court of Appeals · 1937
In Re the Accounting of StupackNew York Court of Appeals · 1937
In Re the Accounting of McNaierNew York Court of Appeals · 1926

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3Cited by1 opinion

In re the Estate of DeanNew York Surrogate's Court · 1938