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MTR. OF GUARANTY TRUST COMPANY OF NEW YORK

15 Misc.2d 23 (1958)

In the Matter of Guaranty Trust Company of New York, as Trustee of the Trust, Described as Petroleum Research Fund and Created by Shell Oil Company Incorporated and Others.

Supreme Court, Special Term, New York County.

Supplemental opinion January 7, 1959.

Attorney(s) appearing for the Case

Davis, Polk, Wardwell, Sunderland & Kiendl for petitioner.

Brown, Cross & Hamilton (Leon M. Loeb and Elisha Hanson of counsel), for American Chemical Society.

JACOB MARKOWITZ, J.

This is a motion to confirm the second supplemental report of a Referee appointed by the court. In May, 1958, after the Referee had filed his original report, a remission to the Referee was directed for the purpose of considering various problems involved in the negotiation of a sale, by the trustee herein, of the securities of Universal Oil Products Company, including "the methods, mechanics...

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