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MATTER OF SLOANE

199 Misc. 265 (1950)

In the Matter of the Construction of The Will of Annis M. Sloane, Deceased.

Surrogate's Court, New York County.

June 26, 1950.

Attorney(s) appearing for the Case

Herbert C. Pentz for Sloane Barker et al., as executors and trustees under the will of Annis M. Sloane, deceased, petitioners.

Philip Smith for Federal-Wholesale Hardware Corporation, respondent.

Nelson Underwood and Emmett W. Poindexter for George W. Barker, individually and as executor and trustee under the will of Annis M. Sloan, deceased, and others, respondents.

Harold Baer, special guardian for Sloane Barker, Jr., and others, infants, respondents.

COLLINS, S.

This proceeding for construction has been instituted for the purpose of resolving a difference of opinion among the four presently acting fiduciaries concerning the effect of the following provisions of paragraph Tenth of the will. "The principal asset of my estate will probably be my interest in real property and in closely-held corporations owning real property. I direct my executors and likewise...

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