Shaner Estate
This text of 26 Pa. D. & C.2d 450 (Shaner Estate) is published on Counsel Stack Legal Research, covering Pennsylvania Orphans' Court, Montgomery County primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
... In examining the present account, one matter need be discussed. Several entries in this account seem to indicate quite clearly that the executors have been purchasing securities on margin. This is improper fiduciary action. Cf. Restatement of Trusts 2d §227, comment (f); English v. McIntyre, 51 N. Y. S. 697 (App. Div., 1898); In re Hirsch’s Estate, 101 N. Y. S. 893 (App. Div., 1906). ...
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Cite This Page — Counsel Stack
26 Pa. D. & C.2d 450, 1961 Pa. Dist. & Cnty. Dec. LEXIS 46, Counsel Stack Legal Research, https://law.counselstack.com/opinion/shaner-estate-paorphctmontgo-1961.