Court Opinion

ID: 5378345
Source: CourtListenerOpinion
Date Created: 2022-01-08 08:47:16.195172+00
Date Added: 2024-06-11T08:30:05.645525
License: Public Domain

Decree, so far as appealed from, affirmed, with costs to the respondent, Guaranty Trust Company of New York, as trustee, et cetera, payable out of the trust funds. No opinion. Present ■— Martin, P. J., Townley, Glennon, Dore and Cohn, JJ.; Martin, P. J., dissents and votes to reverse on the ground that the trustee has no right of setoff; further, that the stock dividends are to be treated as principal in accordance with section 17-a of the Personal Property Law, there being no provision in the will to the contrary. [178 Mise. 1029.]