Account of Tustin

Citations

• 176 Pa. 382
• 35 A. 199
• 1896 Pa. LEXIS 1087

Syllabus

<p>Assignment for benefit of creditors — Compensation to assignee.</p> <p>The circumstances that will justify an allowance of commissions to an assignee in excess of 5 per cent must be such as show an unusual amount of labor. Extraordinary labor is the basis on which a claim for extraordinary compensation must rest.</p> <p>Allowance of fee paid for suretyship.</p> <p>Where it was apparently contemplated on the acceptance of the trust that an assignee for the benefit of creditors should be allowed to charge the price paid by him to a trust company for becoming his surety, he will be entitled to credit for the same in his account, and an expression of his opinion or belief that the expense of settling the estate would not exceed 5 per cent should not deprive him thereof.</p>