Case Name: In the Matter of the Judicial Settlement of the Account of Proceedings of City Bank Farmers Trust Company, Formerly Known as The Farmers' Loan and Trust Company, as Substituted Trustee for the Benefit of Francese C. H. Lyon and Helen L. Greeley under the Last Will and Testament of Nelson I. Lyon, Deceased, Respondent; Helen L. Greeley, Appellant
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1937-06-07
Citations: 251 A.D. 823
Docket Number: 
Parties: In the Matter of the Judicial Settlement of the Account of Proceedings of City Bank Farmers Trust Company, Formerly Known as The Farmers’ Loan and Trust Company, as Substituted Trustee for the Benefit of Fráncese C. H. Lyon and Helen L. Greeley under the Last Will and Testament of Nelson I. Lyon, Deceased, Respondent; Helen L. Greeley, Appellant.
Judges: 
Reporter: Appellate Division Reports
Volume: 251
Pages: 823–824

Head Matter:
In the Matter of the Judicial Settlement of the Account of Proceedings of City Bank Farmers Trust Company, Formerly Known as The Farmers’ Loan and Trust Company, as Substituted Trustee for the Benefit of Fráncese C. H. Lyon and Helen L. Greeley under the Last Will and Testament of Nelson I. Lyon, Deceased, Respondent; Helen L. Greeley, Appellant.

Opinion:
The motion of the objeetant-appellant, Helen L. Greeley, for reargument in respect to the allowance of interest on the surcharge is referred to the court that rendered the decision on the appeal. Present — Lazansky, P. J., Hagarty, Davis, Johnston and Close, JJ. Motion for reargument granted and on reargument the decree of the Surrogate's Court of Kings county is reversed on the law and the facts and the trustee's account surcharged with the amount of the trust investment, with an allowance of interest on the surcharge at the rate of four per cent per annum to the objeetant-appellant, Helen L. Greeley, with costs to said appellant in this court and in the Surrogate's Court against the trustee personally, with no allowance of commissions to the trustee, but with an allowance, without interest, for the advancements the trustee has made to the beneficiaries in the form of " overdrafts." The matter is remitted to the Surrogate's Court to enter a decree accordingly. Opinion per curiam. [See ante, p. 327.] Lazansky, P. J., Davis, Adel and Close, JJ., concur; Carswell, J., not voting.