Legal Opinion
In re the Accounting of Hilliard
New York Surrogate's Court
Decided August 1, 1950PublishedCited by 13 opinions
1Opinion of the Court
Griffiths, S.
Petitioners, trustees under the will of this decedent, request a determination of their powers of investment in the light of the new legislation governing such powers of *1095fiduciaries. (Personal Property Law, § 21; L. 1950, ch. 464, eff. July 1,1950.) The application is unopposed.
The only provision of the will pertaining to investment powers is contained in the clause thereof characterized “ Lastly ”, which reads as follows:
££ I also authorise them to invest and from time to time to ■re-invest, any portion of the trust estate under this will in the bonds or preferred stock of any…
2Cases cited2 opinions
- People Ex Rel. Otsego County Bank v. Board of Supervisors of Otsego CountyNew York Court of Appeals · 1873
- Welsh v. SpillaneMassachusetts Supreme Judicial Court · 1942
3Cited by13 opinions
- In re the Accounting of BenderNew York Surrogate's Court · 1951
- In re the Accounting of City Bank Farmers Trust Co.New York Surrogate's Court · 1955
- In re the Accounting of MillerNew York Surrogate's Court · 1951
- In re the Construction of the Will of SutroNew York Surrogate's Court · 1951
- In re the Accounting of New York Trust Co.New York Surrogate's Court · 1952
8 more not listed; retrieve them via the Exa API.