In re the Estate of Byrne

Collins, S.

This is an application by the executors and trustees for advice and direction as to the disposition to be made of certain dividends received by them on the stock of the Lehman Corporation and the General American Investors Company, Inc. The testatrix died on October 18, 1945. Her will disposes of her personal and household effects outright and creates various trusts of the remainder of her estate. The executors and trustees are authorized to retain any investments owned by the decedent and are not restricted to legáis in making *452investments and reinvestments. At the time of her…