Philadelphia County Orphans' Court, 1935

Flood's Estate

Flood's Estate
Philadelphia County Orphans' Court · Decided November 1, 1935 · Dusen, Klein, Lamorelle, Sinkler, Stearne
24 Pa. D. & C. 503; 1935 Pa. Dist. & Cnty. Dec. LEXIS 333

Counsel

E. Perry Campbell and Leslie C. Krusen, for John B. Shaw, guardian ad litem, exceptant., Roland C. Heisler, of Drinker, Biddle & Reath, for Tradesmens National Bank & Trust Company, trustee, exceptant.

Flood's Estate

Opinion of the Court

Sinkler, J.,

Perusal of the record reveals that the auditing judge correctly found the facts, to wit, the mortgaged premises were of ample value to warrant the investment, the trustee was not negligent but exercised the required skill, prudence and caution in selecting the investment. Likewise he has accurately applied in the present case the principle of law quoted by him and contained in the case he cites: Perkins’ Trust Estate, 314 Pa. 49.

The exceptions are dismissed and the adjudication is confirmed absolutely.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.