New York Surrogate's Court June 28, 1935 (In re the Estate of Wendel)

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United States · · · 28-06-1935

Foley, J.

The preliminary issue, raised in this accounting proceeding, as to the rate of interest payable by the various banks in which the funds of the estate were deposited by the temporary administrators, is disposed of as follows:

I hold that the funds deposited in these banks were not “ moneys paid into court ” within the meaning of the statutes applicable to deposit of court funds.

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