McGuinness v. Bates

This is an appeal by four of the legatees under the will of William A. Conley from a decree of the Probate Court for Worcester County. The decree was entered upon a petition for instructions on the distribution of 381 shares of the common stock of American Telephone and Telegraph Company, hereinafter called American. The judge made a report of material facts. The facts are these: The testator executed a will on November 26,1957. At that time he owned 127 shares of American which was all the stock he had. In early 1959 American split its common stock on a three to one basis and then issued to…