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Appellate Division of the Supreme Court of New York, 1941

Cobb v. Gramatan National Bank & Trust Co.

Cobb v. Gramatan National Bank & Trust Co.
Appellate Division of the Supreme Court of New York · Decided June 16, 1941
262 A.D. 861; 29 N.Y.S.2d 152; 1941 N.Y. App. Div. LEXIS 6282
Cobb v. Gramatan National Bank & Trust Co.

Opinion of the Court

*862Motion for leave to appeal to the Court of Appeals granted [see 261 App. Div. 1086; 262 id. 745] and the following question certified; Was the corporate defendant, as trustee, properly surcharged with the amount of the mortgage certificate in which it invested the entire corpus of the trust estate? Present — Lazansky, P. J., Hagarty, Carswell, Taylor and Close, JJ.

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