Hoffman v. Pennsylvania Hospital
New York Surrogate's Court
Application by Bertha Hoffman and others, general legatees under testator’s will, for allowance of interest on their legacies, in decree of distribution. The facts appear sufficiently in the opinion.
1Opinion of the Court
The Surrogate.
This estate being now ready for final distribution, the question has arisen as to the amount of interest which the executor should allow to certain general legatees. The time for which interest is to be calculated is not the subject of contention, but at what rate the computation should be made.
It is claimed, in behalf of those entitled to the residuary estate, that the rate should not be more than four per cent. This claim rests upon the fact that, since the legacies in question became payable, the estate, though skillfully and prudently managed, has yielded an average annual…
2Cases cited7 opinions
- King v. . TalbotNew York Court of Appeals · 1869
- Kent v. DunhamMassachusetts Supreme Judicial Court · 1871
- Shuttleworth v. . WinterNew York Court of Appeals · 1874
- Martin v. MartinSupreme Court of Pennsylvania · 1837
- Haskin v. TellerNew York Surrogate's Court · 1878
2 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Foster v. WetmoreNew York Supreme Court · 1891