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Matter of Westchester Trust Company

Appellate Division of the Supreme Court of New York, Second Department
Mar 3, 1941
261 App. Div. 964 (N.Y. App. Div. 1941)

Summary

In Matter of Curtiss (261 App. Div. 964, affd 286 N.Y. 716), the Court imposed a surcharge "because of negligence in respect of want of diversification."

Summary of this case from Matter of Janes

Opinion

March 3, 1941.

Appeal from Surrogate's Court, Westchester County.

Present — Lazansky, P.J., Hagarty, Carswell, Johnston and Taylor, JJ.


Decree modified by striking therefrom the surcharge based on certificate No. 1175, for $500, and, as thus modified, unanimously affirmed, without costs, and the matter remitted to the Surrogate's Court for the entry of a decree accordingly. The modification is required by the ruling on certificate No. 2940, in Matter of Prime ( Heermance) ( 254 App. Div. 685; affd., 278 N.Y. 601), and the ruling in Matter of Curtiss ( Sanford) ( ante, p. 964), decided herewith.


Summaries of

Matter of Westchester Trust Company

Appellate Division of the Supreme Court of New York, Second Department
Mar 3, 1941
261 App. Div. 964 (N.Y. App. Div. 1941)

In Matter of Curtiss (261 App. Div. 964, affd 286 N.Y. 716), the Court imposed a surcharge "because of negligence in respect of want of diversification."

Summary of this case from Matter of Janes
Case details for

Matter of Westchester Trust Company

Case Details

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

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

Date published: Mar 3, 1941

Citations

261 App. Div. 964 (N.Y. App. Div. 1941)

Citing Cases

Matter of Van Deusen

" Much reliance is placed by objectants on Matter of Ryan ( supra); Matter of Long Is. Loan Trust Co. (…

Matter of Janes

For example, in Durant v Crowley ( 197 App. Div. 540, affd 234 N.Y. 581), a trustee was surcharged for his…