In re the Accounting of Brooklyn Trust Co.

17 Misc. 2d 333, 185 N.Y.S.2d 843, 1959 N.Y. Misc. LEXIS 4071
CourtNew York Surrogate's Court
DecidedMarch 23, 1959
StatusPublished

This text of 17 Misc. 2d 333 (In re the Accounting of Brooklyn Trust Co.) is published on Counsel Stack Legal Research, covering New York Surrogate's Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re the Accounting of Brooklyn Trust Co., 17 Misc. 2d 333, 185 N.Y.S.2d 843, 1959 N.Y. Misc. LEXIS 4071 (N.Y. Super. Ct. 1959).

Opinion

Maximilian Moss, S.

This is a motion by the remaindermen, Edwin and Constance von Francken-Sierstorpff, for an order dismissing a statement of objections and answer, interposed by Paul Hollos, an alleged subassignee of Industrial Participation and Trading Company, Ltd., Inpatra. The primary assign-

[334]*334ment to Inpatra was declared a nullity by an opinion of this court on June 17,1958, which is reported in 13 Misc 2d 387. This court also rendered a decision on June 22, 1956, in this estate (Matter of Knowlton, N. Y. L. J., June 27, 1956, p. 11, col. 1), in which it was observed that a 'subassignee of a nonnegotiable chose in action takes an assignment not only subject to all equities existing between the parties to the original assignment but also subject to equities which third persons could enforce against the assignor (Matter of McClancy, 182 Misc. 866, 870, affd. 268 App. Div. 876, affd. 294 N. Y. 760),” wherefore the sub-assignment is likewise a nullity insofar as the remaindermen are concerned.

Moreover an affidavit in opposition to the relief sought is interposed, in which it is stated that the respondent Hollos’ claim is independent of the primary assignment, which was simply a device for the convenience of the parties; that Hollos asserts a claim for work, labor and services on behalf of the remaindermen. Hollos ’ claim is, therefore, an ordinary contract obligation and is without the jurisdiction of this court (Isaacs v. Isaacs, 208 App. Div. 61; Matter of Thomas, 235 App. Div. 455; Schoelles v. Zausmer, 2 A D 2d 979; Matter of Wien, 137 Misc. 456; Matter of Buck, 203 Misc. 1046) and does not affect the administration of the estate. Motion to dismiss the statement of objections and answer and for summary judgment is, therefore, granted without prejudice, however, to whatever rights Hollos may enforce in another forum.

Settle order on notice.

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Related

In Re the Accounting of McClancy
61 N.E.2d 752 (New York Court of Appeals, 1945)
Isaacs v. Isaacs
208 A.D. 61 (Appellate Division of the Supreme Court of New York, 1924)
In re the Application of the Chemical Bank & Trust Co.
235 A.D. 455 (Appellate Division of the Supreme Court of New York, 1932)
In re the Estate of Wien
137 Misc. 456 (New York Surrogate's Court, 1930)
In re the Accounting of McClancy
182 Misc. 866 (New York Surrogate's Court, 1943)
In re the Accounting of Buck
203 Misc. 1046 (New York Surrogate's Court, 1953)
In re the Accounting of Brooklyn Trust Co.
13 Misc. 2d 387 (New York Surrogate's Court, 1958)

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Bluebook (online)
17 Misc. 2d 333, 185 N.Y.S.2d 843, 1959 N.Y. Misc. LEXIS 4071, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-the-accounting-of-brooklyn-trust-co-nysurct-1959.