FRANK, Circuit Judge.
The facts are stipulated. Bank of America Trust Company merged into City Bank Farmers Trust Company under Article 12 of the Banking Law of New York, Consol. Laws, c. 2. City Bank Farmers Trust thereupon succeeded Bank of America Trust in its fiduciary capacity as executor, administrator, trustee and custodian or safe-keeping agent for various trusts, estates and customers, under Section 494(2) of Article 12. Stock certificates held in these accounts...
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