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In Re the Accounting of the Farmers' Loan & Trust Co.

124 N.E. 1, 226 N.Y. 691, 1919 N.Y. LEXIS 1069
New York Court of Appeals·Decided June 3, 1919·Published·Cited by 25 cases

Opinion

Per Curiam.

It is unnecessary at this time to decide whether the practical operation of the general plan of distribution of the remainder of the trusts created by the seventh clause of the will which was adopted by the surrogate may unlawfully suspend the power of alienation. Contingencies that may never arise need not now be considered. The order and decree should be modified by striking out the general directions in relation to the future disposition of such trust funds upon the death of the life beneficiaries other than Mary E. Taylor, deceased, and, as so modified affirmed, with one bill of costs to each set of parties appearing on the argument herein by separate counsel, payable out of the estate.

His cock, Ch. J., Collin, Cuddeback, Cardozo, Pound, Crane and Andrews, JJ., concur.

Ordered accordingly.

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In Re the Accounting of the Farmers' Loan & Trust Co., 124 N.E. 1, 226 N.Y. 691, 1919 N.Y. LEXIS 1069 (N.Y. 1919).

124 N.E. 1 (In Re the Accounting of the Farmers' Loan & Trust Co.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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