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RUSSELL v. BOWERS

27 F.Supp. 13 (1939)

RUSSELL et al. v. BOWERS et al.

District Court, S. D. New York.

March 6, 1939.

Attorney(s) appearing for the Case

Gifford, Woody, Carter & Hays, of New York City (Edgar W. Hatfield, of New York City, of counsel), for plaintiffs.

Gregory F. Noonan, U. S. Atty., of New York City (Robert E. Pratt, Asst. U. S. Atty., of New York City, of counsel), for defendants.

CLANCY, District Judge.

On October 31, 1924, William H. Russell transferred certain stocks and bonds to the Metropolitan Trust Company, now the Manufacturers Trust Company, as trustee, in accordance with an indenture then executed, by which he created an irrevocable trust thereof with himself as life beneficiary. The trust instrument provided that upon Russell's death the capital and unexpended income was to be conveyed, assigned, transferred and delivered by the...

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