Legal Opinion · Dissent

In re the Estate of Gould

Appellate Division of the Supreme Court of the State of New York

Decided December 6, 1962Published

1Dissent

Taylor, J. (dissenting).

Apart from that of ancillary character the sole relief prayed for in the petition is the revocation of the letters of trusteeship and the removal of the trustees for alleged misconduct in the execution of the affairs of the trust. (Surrogate’s Ct. Act, § 99, subd. 2.) Specifically it is charged that the fiduciaries — a member of the Bar and a trust company — had wasted and improperly applied and managed the sole asset of the trust, improvidently and in excess of the power granted by the will had entered into the agreement for the sale of the capital stock upon an…

2Cases cited2 opinions

  1. In re the Estate of ShermanNew York Surrogate's Court · 1951
  2. In re the Estate of ClarkNew York Surrogate's Court · 1930

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