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MATTER OF PECK

198 Misc. 395 (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.

May 12, 1950.

Attorney(s) appearing for the Case

Emmet, Marvin & Martin 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 accounting corporate trustee requests that decedent's will be construed for the purpose of determining the extent of the trustee's investment powers, particularly with respect to common trust funds maintained by the trustee in accordance with section 100-c of the Banking Law. (See Mullane v. Central Hanover Bank & Trust Co., 339 U.S. 306 [April 24, 1950...

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