MATTER OF PRATT


1 Misc.2d 428 (1955)

In the Matter of the Accounting of Guaranty Trust Company of New York, as Trustee under the Will of Florence A. Pratt, Deceased.

Surrogate's Court, New York County.

July 21, 1955.


Attorney(s) appearing for the Case

Donald Vail for trustee, petitioner.

Sullivan & Cromwell for Shirley W. Woolmer and others, respondents.

Joseph W. McGovern, as ancillary committee of Frederick L. Brockway, respondent.


FRANKENTHALER, S.

In her will, the testatrix, a daughter of Isaac Singer, one of the founders of the Singer Manufacturing Company, directed her executor and trustee to retain unsold all her holdings of stock of that company. Proper allocation of a cash dividend declared on such stock is before the court in this trustee's accounting.

As the testatrix was domiciled in Rhode Island it is the law of that...

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