In re the Accounting of Bankers Trust Co.

In this special proceeding by the • trustee to settle its account, a construction is also sought to determine the validity and effect of' the disposition of the trust remainder by the last will and testament of Alger D. Couch, deceased, and as to what rights and interests had been created or affected.

The petitioner is trustee of a trust of personal property executed on December 30, 1926, by one Huldana S. Couch. The indenture of trust provided that both the settlor and Alger D. Couch (life beneficiary) had the power to alter, amend or revoke the trust agreement at any time. Huldana S. Couch…