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MATTER OF SAGE

97 Misc.2d 790 (1979)

In the Matter of The Estate of Cornelia C. Sage, Deceased.

Surrogate's Court, Albany County.

January 15, 1979

Attorney(s) appearing for the Case

Goldwater & Flynn for trustee, petitioner. Dewey, Ballantine, Bushby, Palmer & Wood for Chemical Bank, petitioner. William P. Soronen, Jr., guardian ad litem.

LAWRENCE E. KAHN, S.

This proceeding is the first intermediate accounting by Chemical Bank, Henry M. Sage, Richard M. Goldwater and Isadore Daniels as trustees of the testamentary trust created under article 8-B of the will of Cornelia C. Sage. In addition thereto, there is a request for the Surrogate's guidance and direction as to whether the trustees have authority to invade the principal of the trust to...

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