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MATTER OF PETTIT

3 Misc.2d 713 (1956)

In the Matter of the Construction of the Will of Robert M. Pettit, Deceased.

Surrogate's Court, New York County.

March 13, 1956.

Attorney(s) appearing for the Case

Hervey, Barber & McKee for Bankers Trust Company, as trustee, petitioner.

Francis R. Curry, special guardian for Sarah W. Pettit and another, infants, respondents.

GEORGE FRANKENTHALER, S.

In this proceeding the court is called upon to construe the testator's direction, in a will admitted to probate in 1930, that his trustees invest "in such securities and investments as are recognized by the law of the State of New York relating to investments by trustees and savings banks." As a result of a recent modification, it has been held that section 235 of the Banking Law, which...

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