MATTER OF CHEM. CORN EXCH. BANK


7 Misc.2d 326 (1957)

In the Matter of Chemical Corn Exchange Bank, as Trustee under a Certain Indenture Made between Rudolf S. Hecht, as Settlor, and Chemical National Bank of New York.

Supreme Court, Special Term, New York County.

May 29, 1957.


Attorney(s) appearing for the Case

Harry F. Byrne for petitioner.


WILLIAM C. HECHT, JR., J.

This is an application by the Chemical Corn Exchange Bank, as trustee under a written trust indenture dated and made on October 7, 1925 by one Rudolf S. Hecht, as settlor, for the judicial settlement of its first intermediate account and for a construction of the indenture.

A reading of the indenture shows that the principal purpose of the settlor was to protect his two unmarried sisters, namely, Paula Hecht and Elsa...

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