Legal Opinion
In re the Estate of Poillon
New York Surrogate's Court
Decided July 2, 1937PublishedCited by 3 opinions
1Opinion of the Court
Delehanty, S.
Objectants question the conduct of the trustees in respect of an investment in a whole mortgage originally having a face value of $3,500 on which the principal unpaid is now $3,000 and in respect of an investment in a mortgage participation certificate now in default.
There is no criticism of the original investment in the whole mortgage of $3,500. The account reports that investment, the collection of $500 on account of principal and a present face value of $3,000. In effect the surviving trustee says that the mortgage is now worthless. Concededly nothing has been done by her to…
2Cases cited7 opinions
- Croft v. . WilliamsNew York Court of Appeals · 1882
- Chesterman v. . EylandNew York Court of Appeals · 1880
- In re the Judicial Settlement of the Account of Proceedings of Guaranty Trust Co.Appellate Division of the Supreme Court of the State of New York · 1937
- In re the Estate of DalsimerNew York Surrogate's Court · 1936
- In re the Estate of BaxterNew York Surrogate's Court · 1936
2 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Matter of Estate of CarterSupreme Court of New Jersey · 1951
- In re the Estate of PoillonNew York Surrogate's Court · 1937
- In re the Estate of LaingNew York Surrogate's Court · 1938