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  5. 24 A.D.2d 191 (1965)
 

MATTER OF NICOL

24 A.D.2d 191 (1965)

In the Matter of the Accounting of The United States Trust Company of New York, as Trustee of the Trust Created by Alexander K. Nicol, Respondent. Joseph N. Taylor et al., Respondents; Alexandra Bowdoin et al., Infants, by W. Scott Long, Their Guardian ad Litem, Appellants

Appellate Division of the Supreme Court of the State of New York, First Department.

December 2, 1965.

Attorney(s) appearing for the Case

W. Scott Long, guardian ad litem of Alexandra Bowdoin and others, infant appellants.

Stanley F. Reed, Jr., of counsel (Carter Ledyard & Milburn, attorneys), for United States Trust Company of New York, respondent.

Standish F. Medina of counsel (Medina & Miller, attorneys), for Joseph N. Taylor and others, respondents.

Italo H. Ablondi, guardian ad litem of Paul N. Taylor and others, infant respondents.

Richard Steel for Frances M. Nicol, respondent.

BOTEIN, P. J., BREITEL and McNALLY, JJ., concur with STEVENS, J.; RABIN, J., concurs in part in opinion.

STEVENS, J.

This is an appeal from a judgment entered November 24, 1964 which construed article First of an indenture dated October 25, 1935 made by one Alexander Kenneth Nicol, and from an order entered November 24, 1964 which granted the motion of the guardian ad litem for the infant appellants for a rehearing and upon such rehearing adhering to the original determination.

This was a proceeding to settle...

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