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MATTER OF GARGYAN

27 Misc.2d 137 (1960)

In the Matter of The Estate of Oscar E. Gargyan, Deceased.

Surrogate's Court, New York County.

November 25, 1960

Attorney(s) appearing for the Case

Jacob I. Horowitz for Richard Bergzeller and another, as executors, petitioners. Bernard Cowen, attorney in fact for Glase G. Roszika, and others, remaindermen, respondent. Donald T. Mullane for unborn issue of Mrs. Sandow Winter, respondent.

JOSEPH A. COX, S.

The testator's will bequeaths his residuary estate to a trust company (not an executor) as trustee "`IN TRUST', to receive the income and profits thereof and to invest and reinvest the same in their [sic] discretion in securities legal for trust funds" and to pay the income to a niece of the testator. The will directs that the niece be paid a minimum monthly sum and the trustee is authorized...

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