MATTER OF JEFFRESS


198 Misc. 249 (1950)

In the Matter of the Construction of The Will of Carolyn P. Jeffress, Deceased.

Surrogate's Court, Monroe County.

May 4, 1950.


Attorney(s) appearing for the Case

John G. Shaw and Donald R. Harter for J. Craig Powers, as trustee under the will of Carolyn P. Jeffress, deceased, petitioner.

Edward M. Ogden, special guardian for Jane Gouverneur and others, infants, respondents.


WITMER, S.

The petitioning trustee seeks a construction of testatrix' will to determine whether or not power is granted therein to the trustees to invest trust funds in "nonlegal" investments. Testatrix appointed her husband, Thornton Jeffress, and her brother-in-law, J. Craig Powers, the petitioner, as executors and trustees, and granted to them "full power and authority to sell, invest and re-invest my property in such securities as to them seems advisable...

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