In re the First & Second Intermediate Accountings of Title Guarantee & Trust Co.

On this application by the corporate trustee of an inter vivos trust, created in 1925, to resign and be replaced by another corporate trustee, the special guardian of the infant respondents, while making no objection as to the substitution of trustees or to the payment of the expenses of the second intermediate accounting filed herewith, asks that the resigning trustee be required to reimburse the trust estate for “ receiving commissions ” which the incoming trustee would be entitled to receive. The “ receiving commissions ” were paid to the resigning trustee upon receipt of the corpus of the…