MATTER OF PEOPLES NAT'L BANK OF BROOKLYN


16 Misc.2d 878 (1958)

In the Matter of the Accounting of the Peoples National Bank of Brooklyn, in New York, as Surviving Trustee of an Express Trust Executed by Ernest Kresse, Deceased.

Supreme Court, Special Term, Kings County.

December 11, 1958.


Attorney(s) appearing for the Case

Wandmacher & Neuman for trustee.

Josephine M. Cain and Herman L. Weiss for executors.

George Hafner for Lotte Schulze, Jr., and others, beneficiaries of the trust.


J. VINCENT KEOGH, J.

By a trust indenture, dated February 6, 1950, the deceased, Ernest Kresse, transferred and assigned to himself and petitioner, as trustees, certain property and securities the income from which was to be paid equally to the beneficiaries designated therein. By an instrument dated January 17, 1951, the settlor sought to modify the trust by striking therefrom the name of Lotte Schulze, Jr., a beneficiary named therein, and to insert...

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