Case Name: In the Matter of the Accounting of George Peabody et al., as Successor Trustees under an Indenture Made Between Emu Associates, Inc., as Grantor, and the New York Trust Company et al., as Trustees. Joseph H. Peabody, Appellant; Manufacturers Hanover Trust Company, as Sole Trustee under Indenture of Trust, et al., Respondents
Court: New York Court of Appeals
Jurisdiction: New York
Decision Date: 1970-12-09
Citations: 27 N.Y.2d 948
Docket Number: 
Parties: In the Matter of the Accounting of George Peabody et al., as Successor Trustees under an Indenture Made Between Emu Associates, Inc., as Grantor, and the New York Trust Company et al., as Trustees. Joseph H. Peabody, Appellant; Manufacturers Hanover Trust Company, as Sole Trustee under Indenture of Trust, et al., Respondents.
Judges: 
Reporter: New York Reports
Volume: 27
Pages: 948–953

Head Matter:
In the Matter of the Accounting of George Peabody et al., as Successor Trustees under an Indenture Made Between Emu Associates, Inc., as Grantor, and the New York Trust Company et al., as Trustees. Joseph H. Peabody, Appellant; Manufacturers Hanover Trust Company, as Sole Trustee under Indenture of Trust, et al., Respondents.
Argued October 6, 1970;
decided December 9, 1970.
Robert Sterling for appellant.
Mark J. Kronman and Carl J. Austrian for Carl J. Austrian, as guardian ad litem for infants, respondent.
Robert M. Lipton, as guardian ad litem for infants, respondent pro se.
Isaiah O. Zucker and Louis E. Fishbach for John A. Talbot, Jr., respondent.

Opinion:
Order affirmed on the opinion at the Appellate Division, with costs to all parties appearing separately and filing separate briefs payable out of the trust.
Concur: Chief Judge Fuld and Judges Burke, Bergan, Breitel and Gibson. Judge Jasen dissents and votes to modify in the following opinion in which Judge Scileppi concurs.