Legal Opinion
In re the Trust Estate Created by & under the Provisions of the Last Will & Testament of Howell
Appellate Division of the Supreme Court of the State of New York
Decided November 30, 1932PublishedCited by 5 opinions
1Opinion of the CourtEdgcomb, J.
On June 9, 1932, the Superintendent of Banks of the State of New York, in conformity with the provisions of section 57 of the Banking Law, took possession of the business and property of the Arcadia Trust Company, a banking corporation, and proceeded to liquidate its affairs.
The trust company had been acting as trustee of a trust estate created under the last will and testament of Elias P. Howell, deceased, and had received the sum of $7,195, the proceeds of the sale of certain real property belonging to decedent.
Within three weeks after the institution closed its doors this proceeding was…
2Cases cited4 opinions
- Baldwin's Bank of Penn Yan v. SmithNew York Court of Appeals · 1915
- Matter of International M. Co. (Broderick)New York Court of Appeals · 1932
- Matter of EganNew York Court of Appeals · 1932
- Van Wagoner v. BuckleyAppellate Division of the Supreme Court of the State of New York · 1912
3Cited by5 opinions
- Bright v. . Hood, Comr. of BanksSupreme Court of North Carolina · 1938
- Acken v. New York Title & Mortgage Co.District Court, N.D. New York · 1934
- City Bank Farmers Trust Co. v. PedrickDistrict Court, S.D. New York · 1947
- City Bank Farmers Trust Company v. United StatesDistrict Court, S.D. New York · 1959
- Bright v. HoodSupreme Court of North Carolina · 1938