In re the Intermediate Accounting of Morgan Guaranty Trust Co.

Pierson B. Hildreth, S.

In this intermediate accounting proceeding, petitioner, as trustee, seeks a construction of clause “ Tenth ” of testator’s will which provides:

“ Tenth: I give and bequeath to my Trustee hereinafter named, in trust, cash or interest or dividend-paying securities sufficient to produce an annual income of two thousand dollars ($2,000.) and I direct my Trustee to pay said annual income to my son, Charles H. Sabin, Jr. in equal quarterly payments of five hundred dollars ($500.) each for the period of his life, and if at any time the income from the fund so set aside shall be…