MATTER OF CLARK


31 Misc.2d 335 (1961)

In the Matter of The Estate of Ivor B. Clark, Deceased.

Surrogate's Court, New York County.

August 1, 1961


Attorney(s) appearing for the Case

Arthur Richenthal, Irving M. Moss and Allen Greenberg for Bankers Trust Company, as executor, petitioner. Leon A. Mnuchin, as special guardian for Christopher C. Coyne, Jr., and others, infants, respondent.


S. SAMUEL DI FALCO, S.

Petitioners seek a construction of the will as authorizing them to give certain guarantees respecting the co-operative apartment enterprise entered into by testator with another individual shortly before his death. While there is no specific mention of such guarantees in the will, the powers granted to the executors are unusually broad, including the retention of investments, disposal, development and improvement of any property...

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