MATTER OF HERRICK


9 Misc.2d 938 (1958)

In the Matter of the Accounting of Chase Manhattan Bank, as Trustee under an Agreement with Parmely W. Herrick.

Supreme Court, Special Term, New York County.

March 17, 1958.


Attorney(s) appearing for the Case

Dewey, Ballantine, Bushby, Palmer & Wood for petitioner.

Lorene Joergensen for executors of Parmely W. Herrick, Jr., deceased, and for executor of Agnes B. Herrick, deceased.

Mitchel May, Sr., special guardian in person, and Abraham L. Doris for Mitchel May, Sr., special guardian.


SAMUEL H. HOFSTADTER, J.

In this proceeding for the settlement of the account of the trustee under a trust agreement, as amended, the court is requested to determine how the principal is to be distributed upon the termination of the trust. The trust was created on December 22, 1927 pursuant to an agreement made by the donor, Parmely W. Herrick, the income beneficiary and the trustee, and was thereafter amended...

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