MATTER OF BABCOCK


129 Misc.2d 367 (1985)

In the Matter of The Estate of Dorothy D. Babcock, Deceased.

Surrogate's Court, New York County.

August 20, 1985


Attorney(s) appearing for the Case

Abberley Kooiman Marcellino & Clay for Dorothy B. Chapin, petitioner. Debovoise & Plimpton for Citibank, respondent.


RENEE R. ROTH, S.

In this proceeding to review the reasonableness of the compensation of the corporate cotrustee (SCPA 2312), respondent First National City Bank has moved that the petition be dismissed on the ground that it fails to state a cause of action.

Petitioner, Dorothy B. Chapin, is the income beneficiary of a trust created under testatrix' will. The principal asset of this trust is a block of stock in a listed but infrequently traded...

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