MERETO ESTATE


373 Pa. 466 (1953)

Mereto Estate.

Supreme Court of Pennsylvania.

April 13, 1953.


Attorney(s) appearing for the Case

John F. Finney and Joseph Knox Fornance, for appellants.

H. Ober Hess, with him Norman H. Brown, Leonard Turner, and Ballard, Spahr, Andrews & Ingersoll, for appellees.

Before STERN, C.J., STEARNE, JONES, BELL, CHIDSEY and ARNOLD, JJ.


OPINION BY MR. JUSTICE BELL, April 13, 1953:

This appeal arises out of the refusal of the Orphans' Court to surcharge trustees for a loss of approximately 75% or $26,000. from the sale of 1700 shares of United Gas Improvement common stock.

Rose E. Mereto died on November 25, 1929, leaving a will dated June 18, 1928, in which she appointed the Girard Trust Company and Frank J. Brennan executors of and trustees under her will. Testatrix gave ¾ths of the...

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