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MATTER OF SIMONS

61 Misc.2d 550 (1969)

In the Matter of The Estate of Isaac Simons, Deceased.

Surrogate's Court, New York County.

April 15, 1969

Attorney(s) appearing for the Case

Monroe E. Stein for trustees. Irving L. Young, guardian ad litem for Joanne Simons.

S. SAMUEL DIFALCO, S.

The guardian ad litem of an infant beneficiary objects to the actions of the trustees in permitting a firm of stockbrokers to keep in their possession certificates for shares of stock which are in the name of a nominee of the brokers, or, as the guardian ad litem puts it, in "street names." The trustees defend their action on the basis of a provision in article FIFTH of the will, which...

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