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MATTER OF MORGAN

13 Misc.2d 224 (1958)

In the Matter of New York Trust Company, as Executor of John J. Morgan, Deceased Remainderman and Settlor of a Trust for the Benefit of Margaret Phair.

Supreme Court, Special Term, New York County.

June 24, 1958.

Attorney(s) appearing for the Case

Jackson, Nash, Brophy, Barringer & Brooks for petitioner.

Frederick S. Beebe and George J. Gillespie, III, for Chemical Corn Exchange Bank.

Robert Brosnan and F. William Crandall for Irving Trust Company.

WILLIAM C. HECHT, J.

This petition for construction involves another trust created by the settlor of the Morgan trust (Matter of Morgan, 13 Misc.2d 214). The trust indenture contains a paragraph not found in the Morgan trust indenture. That paragraph reads: "7. The Trustor reserves to himself the right and power to revoke during his lifetime the trust hereby established...

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