Chemical Bank and Trust Company v. Ott
This text of 10 N.E.2d 557 (Chemical Bank and Trust Company v. Ott) is published on Counsel Stack Legal Research, covering New York Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Judgment of the Appellate Division modified by reversing the provision thereof which charges the trustee with negligence for failure to sell stocks before it did and with interest on the Federal estate taxes, and as so modified affirmed, without costs, on the ground that under the peculiar facts of this case the trustee was not negligent in the exercise of its judgment. No opinion. (See 274 N. Y. 636.)
Concur: O’Brien, Hubbs, Loughran, Finch and Rippey, JJ. Crane, Ch. J., and Lehman, J., dissent and vote to affirm the decision of the referee.
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Cite This Page — Counsel Stack
10 N.E.2d 557, 274 N.Y. 572, 1937 N.Y. LEXIS 964, Counsel Stack Legal Research, https://law.counselstack.com/opinion/chemical-bank-and-trust-company-v-ott-ny-1937.