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MATTER OF PECK

199 Misc. 1051 (1950)

In the Matter of the Accounting of Bank of New York and Fifth Avenue Bank, as Trustee under The Will of Julia B. Peck, Deceased.

Surrogate's Court, New York County.

December 6, 1950.

Attorney(s) appearing for the Case

Richard S. Emmet, John L. Merrill, Jr., and Eunice O'Neill for trustee, petitioner.

Stanley E. Anderson for Louise G. Phelps and others, respondents.

James H. Halpin, special guardian for Louise P. O'Ryan and another, infants, respondents.

COLLINS, S.

The prior decision of the court held, in part, that the corporate trustee was authorized by decedent's will to invest in legal investments including units of participation in a legal common trust fund maintained by the trustee pursuant to section 100-c of the Banking Law (Matter of Peck, 198 Misc. 395). The amendment of section 21 of the Personal Property...

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