MATTER OF BERNSTEIN


13 A.D.2d 743 (1961)

In the Matter of The Estate of Ephraim R. Bernstein, Deceased. Joan K. Bernstein, Individually and as General Guardian of Perry M. Bernstein, an Infant, Appellant; Gabriel Kaslow et al., as Executors of Ephraim R. Bernstein, Deceased, et al., Respondents

Appellate Division of the Supreme Court of the State of New York, First Department.

May 16, 1961


Decree granting petition of executors, pursuant to section 215 of the Surrogate's Court Act, for advice and directions regarding sale of minority stock in a close corporation, reversed, on the law, on the facts, and in the exercise of discretion, the decree vacated, and the proceedings remanded to the Surrogate's Court, with costs to all parties filing briefs in this court payable out of the estate. In view of the circumstances indicating there is no ready market for the...

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