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MATTER OF SCHENDEL

206 Misc. 958 (1954)

In the Matter of the Accounting of Jeanette S. Shipule et al., as Cotrustees under The Will of Henry S. Schendel, Deceased.

Surrogate's Court, Suffolk County.

December 16, 1954.

Attorney(s) appearing for the Case

Terry & Krupski for cotrustees, petitioners.

Cadwalader, Wickersham & Taft for Salvation Army, respondent.

Robert D. Steefel for Federation of Jewish Philanthropies of New York, respondent.

HAZLETON, S.

Three trustees are accounting in this proceeding. Two of the trustees, Julius Rothschild, and the North Fork Bank and Trust Company, ask to resign, or in the alternative be given instructions in respect to the investment of the funds of the trust because of differences of opinion concerning same. Since filing the account, Julius Rothschild died, thus leaving only two trustees, the widow and the bank. The trust created

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