MATTER OF BOURNE


4 Misc.2d 610 (1957)

In the Matter of the Accounting of Arthur K. Bourne et al., as Trustees under the Will of Frederick G. Bourne, Deceased.

Surrogate's Court, Suffolk County.

January 24, 1957.


Attorney(s) appearing for the Case

William P. Clark for petitioner.

Julius B. Sheftel, chairman of the claimants' committee.

Frank A. Jablonka for Alfred S. Bourne, Jr., remainderman.

Richard S. Ritzel for Chase Manhattan Bank and another, as successor trustees.

Joseph A. Krupski and Joseph J. Snellenburg, II, for special guardian.


EDGAR F. HAZLETON, S.

In this protracted trustees' accounting proceeding, numerous claims against the remainderman, Alfred Severin Bourne, Jr., have been passed upon and are now awaiting payment. The claims had been resisted by Mr. Bourne, who charged lack of consideration, usurious interest rates and other defenses. The moneylenders, as security, had obtained from the remainderman assignments of his interest...

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