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MATTER OF WATERBURY

35 Misc.2d 723 (1962)

In the Matter of the Intermediate Accounting of Bankers Trust Company, as Trustee of the Trust Created by John I. Waterbury.

Supreme Court, Special Term, New York County.

June 21, 1962

Attorney(s) appearing for the Case

White & Case (John E. MacKenty and Evan R. Dawson of counsel), for petitioner. Mudge, Stern, Baldwin & Todd for Florence Waterbury, respondent. Cadwalader, Wickersham & Taft for Gladys Wynne-Finch, respondent. Morris & McVeigh for Ethel W. Campbell, respondent. Wormser, Koch, Kiely & Allessandroni for George A. Campbell, respondent. Rogers, Hoge & Hills for John L. Campbell, respondent. Bokat & Bokat for Edmund W. Bokat, respondent.

CHARLES A. LORETO, J.

Three intermediate accounts of proceeding are presented for a judicial settlement and for instructions. The trustees of the indentures of trust ask for instructions of the court as to (1) whether the law of New York or New Jersey governs questions pertaining to the validity, administration and construction of each of the indentures of trust; (2) the scope of the investment authority given...

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