In re the Judicial Settlement of the Account of Kings County Trust Co.

Appellate Division of the Supreme Court of New York

In re the Judicial Settlement of the Account of Kings County Trust Co.

169 A.D. 966, 153 N.Y.S. 1122

CourtAppellate Division of the Supreme Court of the State of New York

DecidedJune 15, 1915

StatusPublished

This text of 169 A.D. 966 (In re the Judicial Settlement of the Account of Kings County Trust Co.) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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In re the Judicial Settlement of the Account of Kings County Trust Co., 169 A.D. 966, 153 N.Y.S. 1122 (N.Y. Ct. App. 1915).

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Opinion

While the services- rendered by the able and distinguished counsel for accountant were valuable, we think that the allowance of $47,600 was in excess of the real value of such services, and it is not approved. The objection to the a-Eowance of that sum is sustained. It is our opinion that the sum of $30,000 is ample and sufficient compensation. The decree of the Surrogate’s Court of Kings county is modified so as to allow $30,000 instead of $47,600, and as modified affirmed, without costs. The proceeding is remitted to said court for further accounting by the executor as to the resulting balance. Jenks, P. J., Thomas, Carr, Rich.and Putnam, JJ., concurred.

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While the services- rendered by the able and distinguished counsel for accountant were valuable, we think that the allowance of $47,600 was in excess of the real value of such services, and it is not approved. The objection to the a-Eowance of that sum is sustained. It is our opinion that the sum of $30,000 is ample and sufficient compensation. The decree of the Surrogate’s Court of Kings county is modified so as to allow $30,000 instead of $47,600, and as modified affirmed, without costs. The proceeding is remitted to said court for further accounting by the executor as to the resulting balance. Jenks, P. J., Thomas, Carr, Rich.and Putnam, JJ., concurred.

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Bluebook (online)

169 A.D. 966, 153 N.Y.S. 1122, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-the-judicial-settlement-of-the-account-of-kings-county-trust-co-nyappdiv-1915.