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MATTER OF LYONS

20 Misc.2d 717 (1959)

In the Matter of The Estate of Raphael Lyons, Deceased.

Surrogate's Court, New York County.

June 5, 1959.

Attorney(s) appearing for the Case

Louis X. Alter, as trustee, petitioner in person.

Asbury S. Edmonds for Alice M. Lyons, individually and as trustee, respondent.

Peter Campbell Brown, Corporation Counsel, for Henry L. McCarthy, as Commissioner of Welfare of the City of New York, respondent.

S. SAMUEL DI FALCO, S.

The remaining objections to the account in this matter (see 13 Misc.2d 287) raise the following

(1) Has the accounting trustee properly exercised his discretion in the allocation of all stock dividends to principal pursuant to paragraph Fifteenth of decedent's will? (2) Has the accounting trustee properly exercised his discretion...

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