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Matter of Hanover Bank

Appellate Division of the Supreme Court of New York, First Department
Dec 18, 1956
2 A.D.2d 970 (N.Y. App. Div. 1956)

Opinion

December 18, 1956


The intent of the testator with respect to the trust which he created in paragraph sixteenth, clearly indicates that the remainder interests were to vest and to be deemed as vested at the time of his death. The words used when compared to the phraseology in paragraph seventeenth lend emphasis to the foregoing. It was error, therefore, to hold that there was a contingently vested remainder subject to subsequent divestment. Decree unanimously reversed and the matter remanded to the Surrogate for the entry of a decree in accordance with this determination. Settle order on notice.

Concur — Peck, P.J., Breitel, Cox, Frank and Bastow, JJ.


Summaries of

Matter of Hanover Bank

Appellate Division of the Supreme Court of New York, First Department
Dec 18, 1956
2 A.D.2d 970 (N.Y. App. Div. 1956)
Case details for

Matter of Hanover Bank

Case Details

Full title:In the Matter of the Accounting of the HANOVER BANK, as Sole Trustee of…

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Dec 18, 1956

Citations

2 A.D.2d 970 (N.Y. App. Div. 1956)