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MATTER OF BOURNE

7 Misc.2d 848 (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.

October 8, 1957.

Attorney(s) appearing for the Case

Winthrop, Stimson, Putnam & Roberts for petitioner.

Julius B. Sheftel, chairman of claimants' committee.

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

Mudge, Stern, Baldwin & Todd for Chase Manhattan Bank and another, as successor trustees.

Joseph A. Krupski, special guardian.

EDGAR F. HAZLETON, S.

This is a motion to deny the accounting trustees their commissions. The trust being accounted for contained shares of the capital stock of the Singer Manufacturing Company of which one of the two trustees, John Morton, is an executive officer. The account shows that the two trustees, on July 10, 1957, sold to the Singer Manufacturing Company 8,543 1/3 shares of the capital stock of said...

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