Case Name: In the Matter of the Final Judicial Settlement of the Account of Proceedings of John P. Failing, as Surviving Trustee under the Will of Ella Davis Parsons, Deceased
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1933-03
Citations: 238 A.D. 883
Docket Number: 
Parties: In the Matter of the Final Judicial Settlement of the Account of Proceedings of John P. Failing, as Surviving Trustee under the Will of Ella Davis Parsons, Deceased.
Judges: 
Reporter: Appellate Division Reports
Volume: 238
Pages: 883–884

Head Matter:
In the Matter of the Final Judicial Settlement of the Account of Proceedings of John P. Failing, as Surviving Trustee under the Will of Ella Davis Parsons, Deceased.

Opinion:
Objection three of the objector is sustained, and the ruling directing the expense of safe-deposit box and surety bond to be paid from the corpus is reversed, on the law and facts, and those expenses directed to be paid from income prior to the death of the life tenant, and if there be no such income in the hands of the trustee that the account of such trustee be surcharged with the amount of those expenses; and the decree as thus modified is affirmed, and the matter remitted to the surrogate of Albany county for the complete administration of the estate and distribution in accordance with the directions of the will, with costs to the objector, payable out of the estate. All concur.