From Casetext: Smarter Legal Research

Matter of Williamsburgh Trust Co.

Surrogate's Court of the City of New York, Kings County
Jun 1, 1911
72 Misc. 592 (N.Y. Surr. Ct. 1911)

Opinion

June, 1911.

Dykman, Oeland Kuhn, for trustee.

Mayer Kromacher, for Jerome L. Bergen, cestui que trust and life tenant.


There should be no commissions upon the principal fund when the trustee asks, for reasons purely personal to itself, to be relieved from the trust before its completion. In this case, the trustee resigns because of its own desire to liquidate its affairs and to retire from business. Any allowance upon the corpus, which by its act is made subject to the commissions of its successor, would, to that degree, impose a double burden upon the estate.

Decreed accordingly.


Summaries of

Matter of Williamsburgh Trust Co.

Surrogate's Court of the City of New York, Kings County
Jun 1, 1911
72 Misc. 592 (N.Y. Surr. Ct. 1911)
Case details for

Matter of Williamsburgh Trust Co.

Case Details

Full title:In the Matter of the Judicial Settlement of the Account of WILLIAMSBURGH…

Court:Surrogate's Court of the City of New York, Kings County

Date published: Jun 1, 1911

Citations

72 Misc. 592 (N.Y. Surr. Ct. 1911)
131 N.Y.S. 989