IN RE CORCORAN TRUSTS


282 A.2d 653 (1971)

In the Matter of Helena S. CORCORAN TRUSTS created under Trust Agreements dated December 8, 1955, October 21, 1957, and December 10, 1959.

Court of Chancery of Delaware, New Castle.

October 6, 1971.


Attorney(s) appearing for the Case

S. Samuel Arsht, and Thomas D. Henderer, of Morris, Nichols, Arsht & Tunnell, Wilmington, and A. Chauncey Newlin, of White & Case, New York City, for petitioner Bankers Trust Co., sole successor trustee.

Rodman L. Ward, Jr., of Prickett, Ward, Burt & Sanders, Wilmington, guardian ad litem.

Robert P. Raskob, objectant, pro se.

William S. Potter and Charles S. Crompton, Jr., of Potter, Anderson & Corroon, Wilmington, for objectant Mary Louise Duffy.


MARVEL, Vice Chancellor:

On March 25, 1971, Bankers Trust Company, a banking corporation of the State of New York, sole successor trustee of the above trusts, in an ex parte application sought leave to account in this Court on behalf of itself and all predecessor trustees concerning their respective acts in the administration of three inter vivos trusts established by the late Helena S. Corcoran on the dates hereinafter indicated. It appears that prior to the filing...

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