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MATTER OF GOULD

39 Misc.2d 942 (1963)

In the Matter of The Estate of Frank M. Gould, Deceased.

Surrogate's Court, Nassau County.

August 8, 1963

Attorney(s) appearing for the Case

Coudert Brothers for trustees, petitioners. Cleary, Gottlieb, Steen & Hamilton for Helen D. Gould, respondent. Sylvester & Harris for James R. Bloomer, respondent. Jackson, Nash, Brophy, Barringer & Brooks for Edwin J. Gould and others, respondents. Perkins, Daniels, McCormack & Collins for First National City Bank and another, as executors of Anna Gould de Talleyrand, deceased, respondents. J. Arthur Leve for Morgan Guaranty Trust Company of New York, as executor of George J. Gould, deceased, respondent. Nathaniel A. Kahn, as special guardian for James J. Gould and others, infants, respondent.

JOHN D. BENNETT, S.

In this accounting proceeding Helen D. Gould, the life-income beneficiary of the trust, moves to dismiss the objections of James R. Bloomer.

There is no basic dispute as to the facts. On August 24, 1945, shortly after the decedent's death, Helen D. Gould, widow, as security for a loan to her of $50,000 by James R. Bloomer assigned to him all her right, title and interest in her husband's estate upon condition that if the $50...

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