Legal Opinion

In re the Accounting of National Bank & Trust Co.

New York Surrogate's Court

Decided March 22, 1950Published

1Opinion of the Court

McGarey, S.

The accountants seek varied relief in their petition including a construction of will herein to determine disposition to be made of legacies to seven unincorporated charitable organizations; and reservation of the balance of the fund of $65,000 provided for under clause ‘ ‘ Fifty-seventh ’ ’ of the will for payment of taxes and assessments called for by clause “ Fifty-fourth ” of the will.

*981Four of these unincorporated organizations perform their religious and charitable functions in this State and have corporate parent organizations. The bequest in each of the following instances…

2Cases cited6 opinions

  1. Kernochan v. Farmers' Loan & Trust Co.Appellate Division of the Supreme Court of the State of New York · 1919
  2. Kernochan v. . the Farmers' Loan and Trust CompanyNew York Court of Appeals · 1920
  3. Prudential Insurance Co. of America v. New York Guild for the Jewish BlindAppellate Division of the Supreme Court of the State of New York · 1937
  4. In re the Construction of the Last Will & Testament of IdemAppellate Division of the Supreme Court of the State of New York · 1939
  5. In re the Estate of MacaulayNew York Surrogate's Court · 1940

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