Decree, insofar as appealed from, affirmed, with costs to all parties appearing and filing briefs, payable from the trust funds.
The learned Acting Surrogate correctly construed the provisions of the will as neither empowering the original trustees or their successors to make nor to retain investments in the trust fund other than those investments approved by statute (Personal Property Law, § 21). In determining the aggregate value of the property of the trust...
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