MATTER OF VAIL


91 Misc.2d 398 (1977)

In the Matter of The Estate of Emily Vail, Deceased.

Surrogate's Court, Orange County.

August 9, 1977


Attorney(s) appearing for the Case

Beattie & Krahulik (John J. Beattie, III, of counsel), for trustees. Louis J. Lefkowitz, Attorney-General (Suzanne M. McGrattan of counsel), for ultimate charitable beneficiaries.


IRVING A. GREEN, S.

Upon the final judicial settlement of the executor's account, construction is sought with respect to article "THIRTEENTH" of the will herein which reads as follows: "All the rest, residue and remainder of my estate, both real and personal and wheresoever situated, I give, devise and bequeath unto my Trustees, hereinafter named, IN PERPETUAL TRUST, to hold, invest and reinvest the same, and to use and apply the net income therefrom...

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