Legal Opinion

Develon's Estate

Pennsylvania Orphans' Court, Montgomery County

Decided January 29, 1936No. 39922Published

1Opinion of the Court

Holland, P. J.,

Thomas Develon,

Jr., died on February 12,1931, having made his last will and testament bearing date May 17,1930, duly probated February 18, 1931, on which the present letters were granted to accountants. . . .

The account shows a balance of principal of personal estate amounting to $703,396.83. From this has been subtracted a deficit of principal of real estate amounting to $186,755.08, leaving a net balance of principal for distribution amounting to $516,641.75, composed of the unconverted investment securities and other assets set forth in the account, carried at $514,252.20,…

2Cases cited20 opinions

  1. Lawrence v. . LittlefieldNew York Court of Appeals · 1915
  2. In Re the Accounting of Brooklyn Trust Co.New York Court of Appeals · 1932
  3. Furniss v. . CruikshankNew York Court of Appeals · 1921
  4. Edwards v. EdwardsMassachusetts Supreme Judicial Court · 1903
  5. Spencer v. . SpencerNew York Court of Appeals · 1916

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