
    Matter of the Estate of Martin Grossman, Deceased.
    (Surrogate’s Court, New York County,
    December, 1915.)
    Accounting in Surrogate’s Court — executors and administrators — testamentary trustees — when executors entitled to full commissions
    — Code Civ. Pro., § 2753.
    Since September 1, 1914, commissions to testamentary trustees upon an accounting in the Surrogate’s Court must be allowed in accordance with section 2753 of the Code of Civil Procedure, the last paragraph of which provides that “ If the gross value of the principal of the estate or fund accounted for amounts to $100,000, or more, each executor, administrator, guardian or testamentary trustee is entitled to the full commission on principal and income allowed therein to a sole executor, administrator, guardian or testamentary trustee,” and not under section 3326 of said Code.
    The gross value of the principal of an estate is the determining factor as to whether or not two testamentary trustees shall each be entitled to full commissions on principal and income and the amount of the latter has nothing to do with the right to more than one full commission.
    Where the gross value of the principal of an estate consists of unsold real estate which is not to be distributed or delivered, it cannot be taken into consideration so as to bring the value of the estate beyond $100,000.
    Principal and income may not be added together in order to make an estate of over $100,000 and thus entitle each trustee to full commissions.
    Where the principal of a trust estate as accounted for amounts to $84,578.78, and the income accounted for amounts .to $136,106.34, the two testamentary trustees may be allowed one full commission to be divided between them.
    Proceeding upon the judicial settlement of the account of trustees. .
    Thornton & Earle, for trustees.
   Fowler, S.

Upon the judicial settlement of this account of the two trustees under the last will and testament of the above-named deceased, a question as to the right of each trustee to full commissions is presented by reason of the fact that the principal accounted for amounts to $84,578.78 and the income accounted for amounts to $136,106.34. The accountants claim that they are each entitled to. full commissions, but this does not appear to be correct. Prior to September 1, 1914, trustees’ commissions upon accountings in this court were allowed in accordance with the provisions of section 3320, Code of Civil Procedure, but the revision of 1914 adopted in part the language of section 3320 and incorporated it into section 2753 and made that section in terms apply to trustees, so that now trustees accounting in this court will have commissions allowed in accordance with section 2753, and not in accordance with section 3326. The last paragraph of section 2753 provides that“ if the gross value of the principal of the estate or fund accounted for amounts to $100,000 or more, each executor, administrator, guardian or testamentary trustee is entitled to the full commission on principal and income allowed therein to a sole executor, administrator, guardian or testamentary trustee. * * * ” It will therefore be seen that the gross value of the principal estate or fund is the determining factor as to whether or not two trustees shall each be entitled to full commissions on principal and income and that the amount of the income has nothing whatever to do with the right to more than one full commission. The accountants further maintain that the gross value of the principal of the estate or fund does amount to several hundred thousand dollars, but it appears from their memoranda that this gross principal to which they refer, but-which is not the subject of this accounting, consists of parcels of real estate, upon which commissions cannot be allowed, as it is unsold and is not to be distributed or delivered (Code Civ. Pro.. § 3753, par. 5), and it therefore cannot be taken into consideration so as to bring the value of the estate beyond $100,000. Chisolm v. Hamersley, 114 App. Div. 565, this case being decided under the provisions of section 3320, which have now .been incorporated in section 2753; Estate of Dimon, N. Y. L. J., Oct. 31, 1914. Neither can principal and income be added together in order to make an estate of over $100',000 and thus entitle each trustee to full commissions. Matter of Willets, 112 N. Y. 289; Slosson v. Naylor, 2 Dem. 257, referred to in Chisolm v. Hamersley, supra. The trustees will therefore be allowed one full commission to be divided between them. The account and decree in all other respects appear to be correct, and when the decree is altered to comply with.this decision it will be signed.

Decreed accordingly.  