Case ID: ad2d_18/html/0985-01.html
Source: Caselaw Access Project
Author: {"author": "", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

In the Matter of the Accounting of Charles W. Crawford et al., as Executors of Ferris Booth, Deceased, Respondents. Marie G. Reldan et al., Appellants.
   Decree unanimously modified, on the law and the facts and in the exercise of discretion, to the extent of increasing the attorneys’ fees allowed objeetants-appellants to $5,000, and is otherwise affirmed, with costs to parties filing briefs in this court, payable out of the residuary trusts. The distinction between shares of stock distributed as a result of a stock split-up and a stock dividend has been authoritatively defined by the courts (Matter of Fosdick, 4 N Y 2d 646, 653; Matter of Horrmann, 3 A D 2d 5). In the absence of language in the will in this case more clearly manifesting a contrary treatment, the authorities cited are controlling. Under all the circumstances, however, objeetants-appellants are entitled to an allowance of attorneys’ fees in a greater amount than that allowed by the Surrogate. Concur — Botein, P. J., Breitel, Valente, Eager and Steuer, JJ.