MATTER OF LEASK


15 Misc.2d 545 (1958)

In the Matter of The Estate of May Leask, Deceased.

Surrogate's Court, New York County.

December 9, 1958.


Attorney(s) appearing for the Case

Bentley & Owens (Robert W. Owens, Jr., and Robert T. Aller of counsel), for Chase Manhattan Bank, as successor trustee, petitioner.

Nathan M. Weiss for Garrison P. Sherwood, respondent.


S. SAMUEL DI FALCO, S.

In this trustee's accounting objections were filed by the income beneficiary of the trust in question to the action of the trustee in allocating to principal shares of stock received as stock dividends from three corporations. The trust was established prior to the effective date of section 17-a of the Personal Property Law and the parties agree that the stock distributions should be apportioned between principal and income under...

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