MATTER OF FANARA


69 Misc.2d 724 (1972)

In the Matter of The Estate of Romolo Fanara, Deceased.

Surrogate's Court, Nassau County.

April 5, 1972


Attorney(s) appearing for the Case

Philip S. Hill for executors, petitioners. Edwin F. Hendrickson, guardian ad litem for infant.


JOHN D. BENNETT, S.

In this accounting proceeding, a question has been raised as to whether the executors are entitled to commissions on a promissory note in the amount of $181,308 and taken in return as part of the purchase price of a large block of Guardsman Chemical Coatings, Inc. stock sold to Grow Chemical Corporation. The promissory note of Grow Chemical Corporation was divided into three separate notes and distributed to the three trusts under...

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