MATTER OF CHAPMAN


202 Misc. 373 (1951)

In the Matter of the Accounting of Fidelity Union Trust Company et al., as Trustees under The Will of Franklin A. Chapman, Deceased.

Surrogate's Court, New York County.

November 23, 1951.


Attorney(s) appearing for the Case

Hervey, Barber & McKee for trustees, petitioners.

Jack N. Blinkoff, special guardian for Patricia C. Kennedy and others, infants, respondents.


FRANKENTHALER, S.

One of the objections interposed to the account of the trustees is to the credit taken for a loss that resulted upon the sale of the trust estate's half interest in realty located on Broad Street, Newark, New Jersey. The property was acquired by the testator through a mortgage foreclosure shortly before his death. In the foreclosure proceeding title was taken in the name of testator's nominee...

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