(DOWNLOAD) "Matter Intermediate Accounting Joseph Trachtman" by Supreme Court of New York * Book PDF Kindle ePub Free
eBook details
- Title: Matter Intermediate Accounting Joseph Trachtman
- Author : Supreme Court of New York
- Release Date : January 06, 1959
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 66 KB
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[9 A.D.2d 647 Page 647] Order, so far as appealed from, unanimously reversed on the law and on the facts, and the proceeding remanded to the Surrogate's
Court for the purpose of conducting a full and complete hearing on the issues raised concerning the methods and advisability
of disposing of the assets of the estate, with costs payable from the estate to all parties filing briefs. The learned Surrogate
directed that there be a sale at public auction, to be conducted by the court, of the capital stock of three music publishing
companies, all wholly owned by the estate. Appellant, a daughter of decedent and one of the three coexecutors, objected to
this manner of disposing of the assets of the estate and she was joined by Trachtman, another of the three executors. The
remaining executor, the widow, would have the auction proceed. Unquestionably, in reaching the decision for an auction sale,
the Surrogate was influenced by an oral stipulation consenting to such a sale made by appellant's former counsel and by Trachtman's
agreement to go along with that procedure. However, appellant repudiated her counsel's stipulation as unauthorized; and it
appears that Trachtman's consent - which has also been withdrawn - was predicated upon the supposition that [9 A.D.2d 647
Page 648]