MATTER OF SCHLUSSEL


203 Misc. 749 (1952)

In the Matter of the Accounting of Central Hanover Bank and Trust Company, as Trustee under a Trust Agreement Created by Walter S. Schlussel, as Settlor.

Supreme Court, Special Term, New York County.

November 24, 1952.


Attorney(s) appearing for the Case

J. Culbert Palmer and Arthur J. X. Hines for trustee, petitioner.

Henry Hofheimer, Claude L. Gonnet and Henry Hofheimer, Jr., for Walter S. Schlussel, as settlor, and another, respondents.

Nathaniel L. Goldstein, Attorney-General (P. Hodges Combier of counsel), in his statutory capacity under section 12 of Personal Property Law and section 113 of Real Property Law, respondent.


HOFSTADTER, J.

The petitioner, now known as the Hanover Bank, has instituted this proceeding for the settlement of its accounts as trustee under a trust created on March 28, 1921, by Walter S. Schlussel as settlor. Shortly after the commencement of the present proceeding the settlor himself brought one for the revocation of the trust, asserting that the same had been effectively revoked by an instrument executed...

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