MATTER OF SAXTON


179 Misc.2d 681 (1998)

686 N.Y.S.2d 573

In the Matter of The Estate of John P. Saxton, Deceased.

Surrogate's Court, Broome County.

December 30, 1998


Attorney(s) appearing for the Case

Bond, Schoeneck & King, Syracuse (Thomas D. Keleher and Robert Kirchner of counsel), for Patricia A. McDonald and another, respondents. Hodgson, Russ, Andrews, Wood & Goodyear, Buffalo (Victor T. Fuzak and Robert J. Lane, Jr., of counsel), for Manufacturers & Traders Trust Company, petitioner.


JOHN M. THOMAS, S.

In this contested trustee's accounting, the beneficiaries of the trust have filed objections to the account on the basis of the trustee's failure to diversify a portfolio consisting of a high concentration of the common shares of stock in a single corporation.

John P. Saxton died a resident of this county on the 6th day of November 1958...

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