Gelbach's Estate

Citations

• 29 Pa. Super. 446
• 1905 Pa. Super. LEXIS 354

Syllabus

<p>Trusts and trustees — Compensation—Commissions.</p> <p>A charge of five per cent by trustees for the collection of rents in addition to five per cent paid to a real estate agent for collecting the same rents, will be sustained, where it appears that the real estate in question consisted of forty different properties all old and out of repair, and rented to fifty different tenants, and that one of the trustees did all of the work, while the cotrustee who was one of the two cestui que trusts, did nothing, and opposed the charge for commissions.</p> <p>Trustees are entitled to commissions on money borrowed upon a mortgage and expended in the erection of a property which had been destroyed by fire, where it appears that the transaction was an exercise of good judgment, and that its results were greatly beneficial to the estate.</p>