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MATTER OF HILLIARD

197 Misc. 1094 (1950)

In the Matter of the Accounting of Marie D. Hilliard et al., as Surviving Trustees under The Will of Thomas M. Hilliard, Deceased.

Surrogate's Court, Westchester County.

August 1, 1950.

Attorney(s) appearing for the Case

Sydney G. Soons and Howell D. Boyd for surviving trustees, petitioners.

GRIFFITHS, S.

Petitioners, trustees under the will of this decedent, request a determination of their powers of investment in the light of the new legislation governing such powers of fiduciaries. (Personal Property Law, § 21; L. 1950, ch. 464, eff. July 1, 1950.) The application is unopposed.

The only provision of the will pertaining to investment powers is contained in the clause thereof characterized...

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