MATTER OF TANNENBAUM


20 A.D.2d 808 (1964)

In the Matter of The Estate of Max Tannenbaum, Deceased. Chase Manhattan Bank et al., as Executors of Max Tannenbaum, Deceased, et al., Appellants-Respondents; J. Joseph Tannenbaum et al., Respondents-Appellants; Federation of Jewish Philanthropies of New York et al., Respondents

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

March 23, 1964


Decree modified on the law and the facts as follows: (a) By striking out the Fourth decretal paragraph surcharging the executors $71,400 for the good-will value of the decedent's interest in the corporation and directing that the widow reimburse said sum to the estate with interest thereon at 4%; and by substituting therefor a paragraph declaring that said good will had no value for which the executors are required to account. (b) By adding a decretal paragraph to be called...

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