MATTER OF SEARLE


6 Misc.2d 920 (1957)

In the Matter of the Intermediate Accounting of Bankers Trust Company, as Surviving Trustee of the Trusts Created by Alfred C. Searle, Deceased.

Surrogate's Court, Queens County.

February 28, 1957.


Attorney(s) appearing for the Case

Abberley, Kooiman & Amon for Bankers Trust Company, petitioner.

Watts, Oaks & VanderVoort for Grace E. Gleckner.


ANTHONY P. SAVARESE, S.

In this accounting proceeding the Bankers Trust Company, as surviving trustee of the trusts created by the will of Alfred C. Searle, deceased, seeks a construction of paragraphs Fifth(a) and (b) of the said will as executed on July 15, 1942, and amended by a codicil dated March 18, 1947. The provisions in question are as follows: "(a) I direct my Trustees to divide the same (residue) into two equal shares, and to hold one...

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