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In re Osborn

256 A.D. 983 Court N.Y. App. Div. Decision date 1939-03-06 English

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p. 983
In the Matter of the Application of Charles W. Osborn for the Removal of the Citizens Trust Company of Patchogue, as Trustee under an Agreement Dated January 24, 1928, and for a Judicial Settlement of the Account of Such Trustee, and for the Appointment of a Successor Trustee under the Terms of Said Agreement. In the Matter of the Application of Citizens Trust Company of
p. 984
Patchogue for Leave to Account and Resign as Trustee under a Certain Indenture Bearing Date the 24th day of January, 1928, and for the Appointment of a Successor Trustee. Patchogue Citizens Bank and Trust Company (Formerly the Citizens Trust Company of Patchogue), as Trustee, etc., Appellant; Bertha M. Osborn, now Bertha M. Rantsch, Respondent.

Order denying motion of a trustee for discontinuance of a proceeding, as consolidated, for the judicial settlement of an intermediate account affirmed, with ten dollars costs and disbursements to respondent Bertha M. Rantsch. This intermediate accounting should have been settled and determined years ago and it would have been so settled and determined had it not been for procrastination, futile litigation and useless appeals. In November, 1937, we set forth in detail the issues to be determined upon the intermediate accounting. (Matter of Osborn, 252 App. Div. 438 .) Although the surviving life tenant has now died, in the interest of orderly procedure and speedy determination this intermediate accounting should proceed at once, and to a conclusion. Hagarty, Carswell, Johnston, Adel and Taylor, JJ., concur.