Case Name: Shaner Estate
Court: Montgomery County Orphans' Court
Jurisdiction: Pennsylvania
Decision Date: 1961-11-02
Citations: 26 Pa. D. & C.2d 450
Docket Number: no. 62028
Parties: Shaner Estate
Judges: 
Reporter: Pennsylvania District and County Reports
Volume: 26
Pages: 450–450

Head Matter:
Shaner Estate
November 2, 1961.

Opinion:
Taxis, P. J.,
. In examining the present account, one matter need be discussed. Several entries in this account seem to indicate quite clearly that the executors have been purchasing securities on margin. This is improper fiduciary action. Cf. Restatement of Trusts 2d §227, comment (f); English v. McIntyre, 51 N. Y. S. 697 (App. Div., 1898); In re Hirsch's Estate, 101 N. Y. S. 893 (App. Div., 1906). .