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MATTER OF AUGUSTE

52 Misc.2d 157 (1965)

In the Matter of The Estate of Harmon S. Auguste, Deceased.

Surrogate's Court, Westchester County.

August 31, 1965

Attorney(s) appearing for the Case

Morton Roth for petitioners. Bokat & Bokat (Edmund W. Bokat, William V. Homans and Arthur J. Homans of counsel), for Estelle S. Teufel, respondent. Hays, St. John, Abramson & Heilbron (Milton Sargoy of counsel), for Chase Manhattan Bank, executor, respondent.

HARRY G. HERMAN, S.

The residuary legatee of this estate, for a consideration of $166,000, entered into an agreement as to her first $500,000 interest in the residuary estate with two individuals, each of whom subsequently assigned his one-half interest in the agreement to one of the petitioners. The executor paid securities and cash aggregating $250,000 to each of the petitioners, but did not pay them interest...

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